Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 132.1 | 160.1 | 198.1 | 178.8 | 176.3 | 93.4 | 125.8 | 99.6 |
Revenue growth | -17.5% | -19.2% | 10.8% | 1.4% | 88.7% | -25.7% | 26.2% | 30.7% |
Cost of goods sold | 50.8 | 68.2 | 82.4 | 73.1 | 71.6 | 42.0 | 53.6 | 45.7 |
Gross profit | 81.2 | 91.9 | 115.7 | 105.6 | 104.6 | 51.5 | 72.2 | 53.9 |
Gross margin | 61.5% | 57.4% | 58.4% | 59.1% | 59.4% | 55.1% | 57.4% | 54.1% |
Sales and marketing | 33.4 | 41.5 | 54.3 | 51.5 | 48.1 | 30.8 | 28.6 | 26.5 |
Research and development | 27.3 | 42.8 | 54.6 | 46.2 | 42.0 | 25.8 | 31.0 | 32.6 |
General and administrative | 29.4 | 31.2 | 35.9 | 28.5 | 25.3 | 15.3 | 9.7 | 8.8 |
EBITA | -2.9 | -15.2 | -15.3 | -20.6 | -10.8 | -20.4 | 2.9 | -13.9 |
EBITA margin | -2.2% | -9.5% | -7.7% | -11.5% | -6.1% | -21.9% | 2.3% | -14.0% |
Amortization of intangibles | 5.9 | 8.3 | 13.8 | | | | | |
EBIT | -8.8 | -23.5 | -29.1 | -20.6 | -10.8 | -20.4 | 2.9 | -13.9 |
EBIT margin | -6.7% | -14.7% | -14.7% | -11.5% | -6.1% | -21.9% | 2.3% | -14.0% |
Pre-tax income | -52.2 | -37.4 | -54.5 | -46.9 | -27.7 | -21.4 | 3.9 | -13.3 |
Income taxes | 1.8 | 0.2 | 0.3 | -0.2 | 10.0 | -0.4 | 0.6 | 0.4 |
Tax rate | | | | 0.5% | | 1.9% | 14.2% | |
Net income | -53.9 | -37.6 | -54.8 | -46.7 | 0.0 | -21.0 | -2.6 | -13.7 |
Net margin | -40.8% | -23.5% | -27.7% | -26.1% | 0.0% | -22.4% | -2.1% | -13.7% |
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Diluted EPS | ($3.40) | ($4.03) | ($8.75) | ($3.67) | ($5.78) | | | |
Shares outstanding (diluted) | 15.9 | 9.3 | 6.3 | 12.7 | 0.0 | | | |
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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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