Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 340.7 | 246.7 | 209.5 | 123.1 | 60.1 | 42.5 | 27.5 |
Revenue growth | 38.1% | 17.7% | 70.2% | 104.9% | 41.4% | 54.8% | |
Cost of goods sold | 279.9 | 211.4 | 178.9 | 103.2 | 53.2 | 37.0 | 23.3 |
Gross profit | 60.8 | 35.3 | 30.6 | 19.9 | 6.9 | 5.5 | 4.2 |
Gross margin | 17.8% | 14.3% | 14.6% | 16.1% | 11.5% | 12.9% | 15.2% |
Selling, general and administrative | 35.5 | 26.7 | 24.2 | 18.4 | 9.2 | 7.7 | 4.8 |
EBIT | 19.2 | 4.4 | 2.9 | 1.5 | -2.2 | -2.2 | -0.6 |
EBIT margin | 5.6% | 1.8% | 1.4% | 1.2% | -3.7% | -5.3% | -2.1% |
Pre-tax income | 12.8 | 5.2 | 4.2 | -0.7 | -2.5 | -2.7 | -1.0 |
Income taxes | 5.2 | 1.9 | 1.0 | 0.3 | 0.1 | 0.0 | 0.0 |
Tax rate | 41.1% | 37.0% | 24.0% | | | | |
Earnings from continuing ops | 7.5 | 3.3 | 3.2 | -1.3 | | -2.7 | -1.0 |
Earnings from discontinued ops | | | | -1.0 | -2.7 | | |
Net income | 7.5 | 3.3 | 3.2 | -2.4 | -2.7 | -3.0 | -1.0 |
Net margin | 2.2% | 1.3% | 1.5% | -1.9% | -4.5% | -7.0% | -3.8% |
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Diluted EPS | $0.34 | $0.19 | $0.19 | ($0.16) | $0.00 | $0.00 | ($0.34) |
Shares outstanding (diluted) | 22.3 | 17.0 | 17.0 | 8.2 | 3.1 | 3,100.0 | 3.1 |
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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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