Financial Summary (All financials)
In millions, except per share items | Feb-25-06 | Feb-26-05 | Feb-28-04 |
Revenues | 1,304.8 | 1,257.2 | 1,051.3 |
Revenue growth | 3.8% | 19.6% | |
Cost of goods sold | 104.0 | 158.0 | 59.2 |
Gross profit | 1,200.8 | 1,099.3 | 992.1 |
Gross margin | 92.0% | 87.4% | 94.4% |
Selling, general and administrative | 135.7 | 117.3 | 109.1 |
Research and development | 49.9 | 52.6 | 57.3 |
EBITA | 342.8 | 315.6 | 294.1 |
EBITA margin | 26.3% | 25.1% | 28.0% |
Amortization of intangibles | 0.2 | | |
EBIT | 342.6 | 315.6 | 294.1 |
EBIT margin | 26.3% | 25.1% | 28.0% |
Pre-tax income | 318.4 | 306.4 | 290.8 |
Income taxes | 107.3 | 110.0 | 107.6 |
Tax rate | 33.7% | 35.9% | 37.0% |
Net income | 211.0 | 196.4 | 183.2 |
Net margin | 16.2% | 15.6% | 17.4% |
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Diluted EPS | $1.62 | $1.48 | $1.38 |
Shares outstanding (diluted) | 130.4 | 132.6 | 132.6 |
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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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