Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 | Dec-31-99 |
Revenues | 1,133.6 | 833.6 | 661.5 | 664.4 | 754.3 | 556.0 | 681.7 | 667.0 |
Revenue growth | 36.0% | 26.0% | -0.4% | -11.9% | 35.7% | -18.4% | 2.2% | |
Cost of goods sold | 850.7 | 604.2 | 486.3 | 465.0 | 553.7 | 382.9 | 486.6 | 473.5 |
Gross profit | 282.9 | 229.4 | 175.2 | 199.4 | 200.7 | 173.1 | 195.1 | 193.6 |
Gross margin | 25.0% | 27.5% | 26.5% | 30.0% | 26.6% | 31.1% | 28.6% | 29.0% |
General and administrative | 68.2 | 58.6 | 55.5 | 49.8 | 45.7 | 27.4 | 23.2 | 22.2 |
EBIT | 201.0 | 121.6 | 106.1 | 114.2 | 137.9 | 130.1 | 168.0 | 169.3 |
EBIT margin | 17.7% | 14.6% | 16.0% | 17.2% | 18.3% | 23.4% | 24.6% | 25.4% |
Pre-tax income | 727.4 | 616.2 | 542.3 | 433.7 | 314.8 | 258.0 | 261.4 | 228.3 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Earnings from continuing ops | 727.4 | 616.2 | 542.3 | 433.7 | 314.8 | 258.0 | 261.4 | 204.5 |
Earnings from discontinued ops | 518.3 | 464.5 | 410.6 | 329.9 | 117.9 | 0.0 | 0.0 | |
Net income | 727.4 | 616.2 | 542.3 | 433.7 | 314.8 | 258.0 | 261.4 | 204.5 |
Net margin | 64.2% | 73.9% | 82.0% | 65.3% | 41.7% | 46.4% | 38.3% | 30.7% |
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Diluted EPS | $3.29 | $3.01 | $2.72 | $2.22 | $1.76 | $1.87 | $1.90 | $1.46 |
Shares outstanding (diluted) | 221.2 | 204.5 | 199.2 | 195.6 | 178.8 | 137.8 | 137.7 | 139.8 |
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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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