Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
Revenues | 1,966.0 | 2,842.7 | 5,894.3 | 5,593.6 | 5,357.9 | 7,828.2 | 6,256.2 |
Revenue growth | -30.8% | -51.8% | 5.4% | 4.4% | -31.6% | 25.1% | |
Cost of goods sold | 1,659.1 | 2,372.9 | 5,145.9 | 5,385.6 | 4,584.1 | 7,066.6 | 6,654.3 |
Gross profit | 306.9 | 469.8 | 748.4 | 208.0 | 773.8 | 761.6 | -398.1 |
Gross margin | 15.6% | 16.5% | 12.7% | 3.7% | 14.4% | 9.7% | -6.4% |
Selling, general and administrative | | | | 142.9 | | 624.1 | |
General and administrative | 67.1 | 82.6 | 104.8 | | 105.1 | 81.8 | 1.5 |
EBITA | -89.2 | 7.5 | 196.8 | 78.2 | 171.4 | 219.3 | 157.0 |
EBITA margin | -4.5% | 0.3% | 3.3% | 1.4% | 3.2% | 2.8% | 2.5% |
Amortization of intangibles | 22.8 | 22.0 | 15.3 | 14.1 | | | |
EBIT | -112.0 | -14.5 | 181.5 | 64.1 | 171.4 | 219.3 | 157.0 |
EBIT margin | -5.7% | -0.5% | 3.1% | 1.1% | 3.2% | 2.8% | 2.5% |
Pre-tax income | -155.0 | -283.1 | 148.9 | 62.2 | 171.3 | 222.1 | 160.0 |
Income taxes | 2.0 | 1.4 | 4.6 | 8.3 | 3.8 | 2.9 | 2.6 |
Tax rate | | | 3.1% | 13.3% | 2.2% | 1.3% | 1.6% |
Net income | -98.0 | -160.5 | 62.8 | 19.7 | 64.0 | 83.8 | 157.4 |
Net margin | -5.0% | -5.6% | 1.1% | 0.4% | 1.2% | 1.1% | 2.5% |
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Diluted EPS | ($2.17) | ($3.55) | $1.39 | $0.67 | $2.40 | $3.14 | |
Shares outstanding (diluted) | 45.2 | 45.2 | 45.2 | 29.2 | 26.7 | 26.7 | |
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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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