Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 660.7 | 611.9 | 495.3 | 223.6 | 194.9 |
Revenue growth | 8.0% | 23.5% | 121.5% | 14.7% | |
Cost of goods sold | 412.8 | 358.3 | 291.7 | 29.1 | 22.0 |
Gross profit | 247.9 | 253.6 | 203.6 | 194.5 | 172.9 |
Gross margin | 37.5% | 41.4% | 41.1% | 87.0% | 88.7% |
Selling, general and administrative | 30.4 | 29.9 | 23.8 | 11.6 | 9.8 |
EBIT | 85.5 | 49.2 | 46.9 | 182.9 | 163.1 |
EBIT margin | 12.9% | 8.0% | 9.5% | 81.8% | 83.7% |
Pre-tax income | 84.9 | 48.6 | 46.4 | 37.6 | 44.0 |
Income taxes | 30.1 | 15.4 | 14.9 | 13.0 | 14.9 |
Tax rate | 35.4% | 31.7% | 32.0% | 34.7% | 33.8% |
Net income | 45.7 | 26.8 | 25.6 | 24.1 | 28.6 |
Net margin | 6.9% | 4.4% | 5.2% | 10.8% | 14.7% |
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Diluted EPS | $1.36 | $0.80 | $0.77 | $0.92 | $1.09 |
Shares outstanding (diluted) | 33.6 | 33.6 | 33.3 | 26.2 | 26.2 |
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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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