Financial Summary (All financials)
In millions, except per share items | Dec-28-14 | Dec-29-13 | Dec-30-12 | Dec-25-11 | Dec-27-09 | Dec-28-08 | Dec-30-07 | Dec-31-06 |
Revenues | 1,251.9 | 971.7 | 915.9 | 1,069.9 | 1,410.7 | 2,281.8 | 2,500.8 | 2,579.3 |
Revenue growth | 28.8% | 6.1% | -14.4% | | -38.2% | -8.8% | -3.0% | 28.8% |
Cost of goods sold | 869.6 | 719.1 | 632.4 | 847.8 | 1,103.8 | 2,193.3 | 2,065.1 | 2,063.6 |
Gross profit | 382.3 | 252.6 | 283.5 | 222.1 | 306.9 | 88.5 | 435.7 | 515.6 |
Gross margin | 30.5% | 26.0% | 31.0% | 20.8% | 21.8% | 3.9% | 17.4% | 20.0% |
Selling, general and administrative | | | | | 216.3 | 253.9 | 239.3 | 264.4 |
Research and development | 171.2 | 126.8 | 107.9 | 106.6 | | 431.8 | 436.8 | 342.0 |
General and administrative | 249.3 | 178.3 | 135.6 | 108.5 | | | | |
EBITA | -2.3 | -20.4 | 96.1 | 30.5 | -437.2 | -597.2 | -207.8 | -90.8 |
EBITA margin | -0.2% | -2.1% | 10.5% | 2.9% | -31.0% | -26.2% | -8.3% | -3.5% |
Amortization of intangibles | 36.0 | 32.0 | 27.6 | 23.5 | | | | |
EBIT | -38.3 | -52.4 | 68.5 | 7.0 | -437.2 | -597.2 | -207.8 | -90.8 |
EBIT margin | -3.1% | -5.4% | 7.5% | 0.7% | -31.0% | -26.2% | -8.3% | -3.5% |
Pre-tax income | -60.3 | -75.9 | 37.4 | -34.5 | -513.5 | -2,372.1 | -295.3 | -150.0 |
Income taxes | 9.7 | 2.4 | 13.0 | 21.0 | 0.6 | 62.9 | -25.1 | -2.2 |
Tax rate | | | 34.8% | | | | 8.5% | 1.5% |
Net income | -70.0 | -78.3 | 24.9 | -55.9 | -514.1 | -2,435.0 | -270.2 | -147.8 |
Net margin | -5.6% | -8.1% | 2.7% | -5.2% | -36.4% | -106.7% | -10.8% | -5.7% |
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Diluted EPS | ($1.15) | ($1.34) | $0.41 | ($0.91) | ($3.18) | ($15.69) | ($2.00) | ($1.15) |
Shares outstanding (diluted) | 61.1 | 58.6 | 61.0 | 61.3 | 161.8 | 155.2 | 134.9 | 129.0 |
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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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