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DOT HILL SYSTEMS CORP (HILL)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Revenues:  
    United States  216.3204.8192.8193.8245.4215.1245.5181.3
    Server OEMs  115.6134.8143.4     
    Vertical Markets  102.171.851.2     
    Asia  1.41.81.72.01.52.53.45.2
    Europe      5.016.824.020.5
Total revenues  217.7206.6194.5195.8251.8234.4272.9207.1
            Revenue growth   [+]5.4%6.2%-0.7%-22.2%7.4%-14.1%31.8%-13.4%
Cost of goods sold  145.1140.5146.2150.5207.7196.6242.5180.7
Gross profit  72.666.148.445.344.237.830.426.4
            Gross margin  33.3%32.0%24.9%23.1%17.5%16.1%11.1%12.8%
Selling, general and administrative   [+]26.625.123.822.421.021.126.728.5
Research and development  37.635.334.231.228.128.128.722.6
Other operating expenses        5.440.7
EBITDA   [+]12.38.8-6.1-3.6-0.9-8.5-24.6-58.8
            EBITDA margin  5.6%4.2%-3.2%-1.8%-0.4%-3.6%-9.0%-28.4%
Depreciation  4.03.12.74.83.22.95.86.6
EBITA  8.35.6-8.9-8.3-4.1-11.4-30.4-65.4
            EBITA margin  3.8%2.7%-4.6%-4.2%-1.6%-4.9%-11.1%-31.6%
Amortization of intangibles    0.8 0.8   
EBIT   [+]8.35.6-9.7-8.3-4.9-11.4-30.4-65.4
            EBIT margin  3.8%2.7%-5.0%-4.2%-2.0%-4.9%-11.1%-31.6%
Non-recurring items   [+]    2.12.4-3.2 
Interest income, net   [+]0.00.00.00.00.00.21.54.8
Other income (expense), net   [+]0.00.00.00.00.00.00.10.2
Pre-tax income  8.35.6-9.7-8.3-7.0-13.7-25.6-60.4
Income taxes  0.20.10.70.10.20.00.2-0.2
            Tax rate  2.7%0.9%   0.3% 0.3%
Net income  8.15.1-15.0-22.0-13.3-13.6-25.8-60.2
            Net margin  3.7%2.5%-7.7%-11.2%-5.3%-5.8%-9.4%-29.1%
   
Basic EPS   [+]$0.13$0.09($0.18)($0.15)($0.14)($0.29)($0.56)($1.32)
Diluted EPS   [+]$0.13$0.09($0.18)($0.15)($0.14)($0.29)($0.56)($1.32)
   
Shares outstanding (basic)   [+]60.258.557.054.953.047.146.145.5
Shares outstanding (diluted)   [+]63.959.257.054.953.047.146.145.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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