Financial Summary (All financials)
In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 547.7 | 564.0 | 450.7 | 322.3 | 562.7 | 451.2 | 440.5 | 367.5 |
Revenue growth | -2.9% | 25.1% | 39.8% | -42.7% | 24.7% | 2.4% | 19.9% | 0.9% |
Cost of goods sold | 502.8 | 520.0 | 417.9 | 315.0 | 511.2 | 427.9 | 405.7 | 329.6 |
Gross profit | 44.9 | 44.0 | 32.8 | 7.4 | 51.5 | 23.3 | 34.8 | 38.0 |
Gross margin | 8.2% | 7.8% | 7.3% | 2.3% | 9.2% | 5.2% | 7.9% | 10.3% |
Sales and marketing | 8.1 | 7.4 | 6.8 | 6.3 | 7.2 | 6.7 | 6.9 | 6.2 |
General and administrative | 15.8 | 15.2 | 14.1 | 11.9 | 16.2 | 13.0 | 12.5 | 14.3 |
EBIT | 33.9 | 51.6 | 21.9 | -12.0 | 110.5 | 103.6 | 80.4 | 30.5 |
EBIT margin | 6.2% | 9.1% | 4.9% | -3.7% | 19.6% | 23.0% | 18.3% | 8.3% |
Pre-tax income | 32.2 | 51.0 | 20.7 | -12.7 | 106.1 | 102.4 | 74.8 | 39.7 |
Income taxes | 11.9 | 20.8 | 8.6 | -3.2 | 40.0 | 37.6 | 17.1 | 0.4 |
Tax rate | 37.1% | 40.8% | 41.8% | 25.6% | 37.7% | 36.7% | 22.8% | 1.1% |
Net income | 20.2 | 30.2 | 12.0 | -9.4 | 66.1 | 64.8 | 57.7 | 39.2 |
Net margin | 3.7% | 5.4% | 2.7% | -2.9% | 11.7% | 14.4% | 13.1% | 10.7% |
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Diluted EPS | $1.67 | $2.50 | $0.99 | ($0.78) | $5.73 | $6.48 | $5.77 | |
Shares outstanding (diluted) | 12.1 | 12.1 | 12.1 | 12.1 | 11.5 | 10.0 | 10.0 | |
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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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