Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Apr-30-13 | Apr-30-12 | Apr-30-11 |
Revenues | 1,059.1 | 987.6 | 1,025.8 | 1,104.0 | 357.3 | 576.9 | 611.8 | 589.3 |
Revenue growth | 7.2% | -3.7% | -7.1% | 209.0% | | -5.7% | 3.8% | -1.6% |
Cost of goods sold | 480.2 | 455.6 | 480.6 | 513.9 | 153.3 | 256.3 | 267.9 | 281.9 |
Gross profit | 578.9 | 532.0 | 545.2 | 590.1 | 204.0 | 320.6 | 343.9 | 307.4 |
Gross margin | 54.7% | 53.9% | 53.1% | 53.5% | 57.1% | 55.6% | 56.2% | 52.2% |
Selling, general and administrative | 367.9 | 339.8 | 331.0 | 344.7 | 132.1 | 198.7 | 200.6 | 212.8 |
Research and development | 104.5 | 96.5 | 102.2 | 118.3 | 38.3 | 55.7 | 58.6 | 61.3 |
EBITA | 24.8 | 86.7 | 66.3 | 55.1 | 19.0 | 44.4 | 53.1 | 33.3 |
EBITA margin | 2.3% | 8.8% | 6.5% | 5.0% | 5.3% | 7.7% | 8.7% | 5.7% |
Amortization of intangibles | 56.6 | 36.9 | 50.0 | 53.4 | 16.5 | 22.3 | 22.3 | |
EBIT | -31.8 | 49.8 | 16.3 | 1.7 | 2.5 | 22.1 | 30.8 | 33.3 |
EBIT margin | -3.0% | 5.0% | 1.6% | 0.2% | 0.7% | 3.8% | 5.0% | 5.7% |
Pre-tax income | -68.6 | 33.7 | 9.6 | -30.2 | -15.6 | 1.1 | 9.8 | -2.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | -10.1 | -5.1 | -40.0 | 176.8 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 64.7% | | | |
Earnings from continuing ops | -48.3 | 35.0 | 6.5 | -7.3 | -5.5 | 9.9 | 49.2 | 86.4 |
Earnings from discontinued ops | -1.4 | -252.3 | -27.2 | | | -3.7 | 0.6 | 1.7 |
Net income | -49.7 | -217.3 | -20.7 | -7.3 | -5.5 | 6.2 | 49.8 | 88.1 |
Net margin | -4.7% | -22.0% | -2.0% | -0.7% | -1.5% | 1.1% | 8.1% | 14.9% |
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Diluted EPS | ($0.40) | $0.28 | $0.06 | ($0.08) | ($0.10) | $0.18 | $0.88 | $1.54 |
Shares outstanding (diluted) | 120.7 | 125.5 | 118.0 | 95.6 | 53.9 | 56.2 | 56.0 | 56.0 |
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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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