Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | May-26-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 4,951.0 | 2,521.0 | 2,000.0 | 1,434.0 | 716.6 | 46.2 | 1,785.3 | 1,190.2 |
Revenue growth | 96.4% | 26.1% | 39.5% | | | -97.4% | 50.0% | 32.7% |
Cost of goods sold | 7,352.0 | 3,882.0 | 3,002.0 | 2,173.0 | 504.3 | 0.0 | 1,365.1 | 976.1 |
Gross profit | -2,401.0 | -1,361.0 | -1,002.0 | -739.0 | 212.3 | 46.2 | 420.1 | 214.1 |
Gross margin | -48.5% | -54.0% | -50.1% | -51.5% | 29.6% | 100.0% | 23.5% | 18.0% |
Selling, general and administrative | | | | | | 0.0 | | |
General and administrative | 158.0 | 88.0 | 100.0 | 67.0 | 43.7 | 0.0 | 51.3 | 39.7 |
EBIT | 544.0 | 186.0 | 138.0 | 158.0 | -38.9 | 0.0 | 151.4 | 59.8 |
EBIT margin | 11.0% | 7.4% | 6.9% | 11.0% | -5.4% | 0.0% | 8.5% | 5.0% |
Pre-tax income | -139.0 | 26.0 | 34.0 | 74.0 | -4.2 | 0.0 | 87.1 | -12.6 |
Income taxes | 3.0 | -1.0 | 0.0 | 0.0 | 0.6 | 0.0 | -0.3 | 0.9 |
Tax rate | | | 0.0% | 0.0% | | | | |
Net income | -199.0 | 34.0 | 27.0 | 57.0 | -6.0 | 0.0 | 101.3 | -13.5 |
Net margin | -4.0% | 1.3% | 1.4% | 4.0% | -0.8% | 0.0% | 5.7% | -1.1% |
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Diluted EPS | ($0.57) | $0.17 | $0.16 | $0.38 | | | | ($1,522.00) |
Shares outstanding (diluted) | 348.1 | 198.7 | 172.4 | 150.3 | | | | 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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