Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 1,452.4 | 1,352.1 | 1,291.6 | 1,256.1 | 1,229.3 | 1,178.1 | 945.0 | 182.8 |
Revenue growth | 7.4% | 4.7% | 2.8% | 2.2% | 4.3% | 24.7% | 417.1% | |
Cost of goods sold | 635.3 | 582.2 | 573.1 | 571.1 | 586.5 | 416.6 | 448.8 | 72.3 |
Gross profit | 817.1 | 769.9 | 718.5 | 685.1 | 642.8 | 761.5 | 496.2 | 110.4 |
Gross margin | 56.3% | 56.9% | 55.6% | 54.5% | 52.3% | 64.6% | 52.5% | 60.4% |
Selling, general and administrative | 321.2 | 327.9 | 320.1 | 291.6 | 286.5 | 119.0 | 219.5 | 40.0 |
EBITA | 365.3 | 319.6 | 295.6 | 242.8 | 183.1 | 158.3 | -129.4 | 47.4 |
EBITA margin | 25.1% | 23.6% | 22.9% | 19.3% | 14.9% | 13.4% | -13.7% | 25.9% |
Amortization of intangibles | 18.8 | 18.3 | 18.3 | 14.0 | 13.4 | | | |
EBIT | 346.5 | 301.2 | 277.3 | 228.7 | 169.7 | 158.3 | -129.4 | 47.4 |
EBIT margin | 23.9% | 22.3% | 21.5% | 18.2% | 13.8% | 13.4% | -13.7% | 25.9% |
Pre-tax income | 169.9 | 143.4 | 131.1 | -87.8 | 25.2 | -32.2 | -587.4 | 0.0 |
Income taxes | 6.0 | 5.8 | 30.6 | 16.6 | 11.9 | 0.0 | -22.0 | 0.0 |
Tax rate | 3.5% | 4.0% | 23.3% | | 47.2% | 0.0% | 3.7% | |
Earnings from continuing ops | 163.9 | 281.2 | 274.2 | -78.8 | 52.0 | -32.2 | -563.8 | |
Earnings from discontinued ops | | -0.2 | -42.5 | -25.7 | -13.5 | | | |
Net income | 163.9 | 281.1 | 231.7 | -104.4 | 38.5 | -32.2 | -563.8 | 0.0 |
Net margin | 11.3% | 20.8% | 17.9% | -8.3% | 3.1% | -2.7% | -59.7% | 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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