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 | 173.3 | 32.5 | 31.0 | 26.6 | 22.6 | 23,035.2 | 19,634.5 |
Revenue growth | 432.4% | 5.0% | 16.7% | 17.5% | -99.9% | 17.3% | |
Cost of goods sold | 2.5 | 2.2 | 2.1 | 2.4 | 2.0 | 2,076.2 | 1,647.5 |
Gross profit | 170.7 | 30.3 | 28.9 | 24.2 | 20.6 | 20,959.0 | 17,987.0 |
Gross margin | 98.5% | 93.2% | 93.1% | 91.1% | 91.1% | 91.0% | 91.6% |
Sales and marketing | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 579.3 | 357.8 |
General and administrative | 1.1 | 0.7 | 0.7 | 0.4 | | | |
EBIT | 164.9 | 25.1 | 23.8 | 19.6 | 16.8 | 17,618.3 | 15,312.1 |
EBIT margin | 95.1% | 77.0% | 76.7% | 73.9% | 74.3% | 76.5% | 78.0% |
Pre-tax income | -45.7 | 12.7 | 12.0 | 9.3 | 7.0 | 7,994.3 | 7,746.6 |
Income taxes | -1.1 | 4.6 | 4.3 | 3.8 | 2.3 | 2,590.1 | 2,802.1 |
Tax rate | 2.5% | 36.3% | 36.2% | 40.6% | 33.4% | 32.4% | 36.2% |
Net income | -44.6 | 8.1 | 7.6 | 5.5 | 4.7 | 5,404.2 | 4,944.5 |
Net margin | -25.7% | 24.8% | 24.7% | 20.7% | 20.7% | 23.5% | 25.2% |
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Diluted EPS | ($6,768.92) | $1,217.38 | $1,153.03 | $0.84 | $0.71 | $1.24 | $1.15 |
Shares outstanding (diluted) | 0.0 | 0.0 | 0.0 | 6.6 | 6.6 | 4,348.4 | 4,288.5 |
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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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