Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 46.3 | 43.3 | 54.8 | 52.0 | 42.2 | 42.7 | 37.8 | 38.9 |
Revenue growth | 6.9% | -21.0% | 5.3% | 23.4% | -1.2% | 12.9% | -2.9% | 7.9% |
Cost of goods sold | 21.9 | 21.6 | 20.2 | 19.6 | 19.3 | 18.4 | 15.3 | 15.7 |
Gross profit | 24.3 | 21.7 | 34.6 | 32.5 | 22.8 | 24.3 | 22.5 | 23.2 |
Gross margin | 52.6% | 50.1% | 63.1% | 62.4% | 54.2% | 56.9% | 59.6% | 59.6% |
Selling, general and administrative | | | | | | | 0.9 | 0.8 |
Sales and marketing | 1.4 | 1.2 | 1.2 | 1.0 | 1.1 | 1.0 | | |
General and administrative | 0.9 | 1.0 | 1.1 | 1.1 | 1.2 | 1.3 | | |
EBITA | 13.0 | 11.7 | 23.7 | 22.9 | 8.8 | 14.6 | 3.6 | 14.6 |
EBITA margin | 28.2% | 26.9% | 43.2% | 44.1% | 20.9% | 34.1% | 9.6% | 37.6% |
Amortization of intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 |
EBIT | 12.9 | 11.5 | 23.5 | 22.8 | 8.7 | 14.4 | 3.5 | 14.5 |
EBIT margin | 27.9% | 26.6% | 43.0% | 43.8% | 20.6% | 33.8% | 9.3% | 37.2% |
Pre-tax income | 9.9 | 8.1 | 8.0 | 6.2 | 6.6 | -4.7 | 3.5 | 7.2 |
Income taxes | 2.7 | 1.9 | 1.9 | 1.2 | 1.2 | -2.7 | 0.1 | 1.7 |
Tax rate | 26.9% | 23.8% | 24.1% | 18.8% | 18.6% | 57.1% | 3.2% | 23.0% |
Net income | 7.2 | 5.5 | 4.8 | 3.7 | 4.1 | -3.3 | 0.0 | 0.0 |
Net margin | 15.5% | 12.6% | 8.7% | 7.2% | 9.7% | -7.6% | 0.0% | 0.0% |
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Diluted EPS | $0.74 | $0.60 | $0.60 | $0.47 | $0.54 | ($0.45) | $0.45 | $0.79 |
Shares outstanding (diluted) | 9.7 | 9.1 | 7.9 | 7.9 | 7.5 | 7.3 | 0.0 | 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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