Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 18.5 | 25.2 | 25.3 | 927.3 | 1,028.3 | 1,055.0 | 1,060.7 | 1,053.6 |
Revenue growth | -26.4% | -0.3% | -97.3% | -9.8% | -2.5% | -0.5% | 0.7% | 5.1% |
Cost of goods sold | 187.9 | 230.7 | 252.6 | 260.6 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | -169.3 | -205.5 | -227.4 | 666.7 | 1,028.3 | 1,055.0 | 1,060.7 | 1,053.6 |
Gross margin | -913.3% | -815.6% | -900.0% | 71.9% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | | | | | | | | |
General and administrative | 53.4 | 64.2 | 61.5 | 58.5 | 63.3 | 62.1 | 50.3 | 48.9 |
EBITA | 340.7 | 489.8 | 489.4 | 567.7 | 778.1 | 698.0 | 715.7 | 727.7 |
EBITA margin | 1837.6% | 1944.4% | 1937.3% | 61.2% | 75.7% | 66.2% | 67.5% | 69.1% |
Amortization of intangibles | 1.5 | 4.5 | 13.3 | 13.3 | 8.7 | 12.9 | 14.0 | 19.0 |
EBIT | 339.3 | 485.3 | 476.1 | 554.4 | 769.4 | 685.1 | 701.7 | 708.6 |
EBIT margin | 1829.7% | 1926.5% | 1884.7% | 59.8% | 74.8% | 64.9% | 66.2% | 67.3% |
Pre-tax income | -352.4 | -134.9 | -97.7 | 157.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Income taxes | -16.8 | -3.2 | 1.6 | -1.9 | 2.1 | -2.9 | -4.5 | -1.3 |
Tax rate | 4.8% | 2.3% | | | | | | |
Net income | -332.5 | -153.7 | -123.5 | 76.0 | 195.5 | 0.0 | 253.0 | 115.3 |
Net margin | -1793.3% | -610.0% | -488.7% | 8.2% | 19.0% | 0.0% | 23.8% | 10.9% |
|
Diluted EPS | ($1.75) | ($0.89) | ($0.72) | $0.44 | $0.53 | $0.00 | $0.68 | $0.32 |
Shares outstanding (diluted) | 190.3 | 173.4 | 172.5 | 171.1 | 370.7 | 370.3 | 369.9 | 363.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|