Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 652.4 | 553.5 | 400.0 |
Revenue growth | 17.9% | 38.4% | |
Cost of goods sold | 251.1 | 160.2 | 130.6 |
Gross profit | 401.3 | 393.2 | 269.4 |
Gross margin | 61.5% | 71.1% | 67.3% |
Selling, general and administrative | 162.6 | 125.3 | 103.8 |
EBITA | 117.3 | 80.2 | 86.5 |
EBITA margin | 18.0% | 14.5% | 21.6% |
Amortization of intangibles | 22.8 | 6.4 | 1.2 |
EBIT | 94.5 | 73.9 | 85.3 |
EBIT margin | 14.5% | 13.3% | 21.3% |
Pre-tax income | 31.2 | 22.5 | 33.7 |
Income taxes | -125.4 | 40.5 | -16.0 |
Tax rate | | 179.9% | |
Earnings from continuing ops | 158.1 | -28.8 | 49.5 |
Earnings from discontinued ops | | 21.8 | -0.9 |
Net income | 158.1 | -7.0 | 48.6 |
Net margin | 24.2% | -1.3% | 12.1% |
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Diluted EPS | $2.84 | ($0.53) | $0.87 |
Shares outstanding (diluted) | 55.6 | 54.1 | 57.1 |
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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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