Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 161.8 | 166.4 | 177.9 | 52.0 | 51.2 | 0.0 | 46.7 | 41.2 |
Revenue growth | -2.8% | -6.5% | 242.0% | 1.6% | | -100.0% | 13.4% | 7.1% |
Cost of goods sold | 23.0 | 20.6 | 20.1 | 20.9 | 20.6 | 1.7 | 17.1 | 14.5 |
Gross profit | 138.9 | 145.9 | 157.9 | 31.2 | 30.6 | -1.7 | 29.6 | 26.7 |
Gross margin | 85.8% | 87.6% | 88.7% | 59.9% | 59.7% | | 63.4% | 64.8% |
Selling, general and administrative | | | | | | 1.7 | | |
Sales and marketing | 3.1 | 3.2 | 3.5 | 1.6 | 1.9 | | 1.4 | 1.3 |
General and administrative | 4.9 | 5.3 | 5.8 | 5.1 | 5.1 | | 4.8 | 4.2 |
EBIT | 33.1 | 34.2 | 47.2 | 56.7 | 48.4 | 0.0 | 31.3 | 29.3 |
EBIT margin | 20.5% | 20.5% | 26.5% | 108.9% | 94.5% | | 67.1% | 71.1% |
Pre-tax income | 14.9 | 8.0 | 13.6 | 13.3 | 11.3 | 2.5 | 12.9 | 10.8 |
Income taxes | 5.1 | 2.5 | 4.4 | 4.3 | 3.6 | -0.4 | 4.3 | 3.5 |
Tax rate | 34.0% | 31.1% | 32.6% | 32.0% | 31.7% | | 33.3% | 33.0% |
Net income | 9.8 | 3.2 | 9.1 | 9.0 | 7.7 | 9.6 | 8.6 | 7.2 |
Net margin | 6.1% | 1.9% | 5.1% | 17.4% | 15.1% | | 18.5% | 17.5% |
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Diluted EPS | $2.10 | $0.70 | $1.96 | $1.84 | $1.57 | | $2.04 | $1.77 |
Shares outstanding (diluted) | 4.7 | 4.6 | 4.6 | 4.9 | 4.9 | | 4.2 | 4.1 |
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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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