Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 803.7 | 353.9 | 284.0 | 281.9 | 123.0 | 104.4 | 64.0 |
Revenue growth | 127.1% | 24.6% | 0.7% | 129.1% | 17.8% | 63.2% | |
Cost of goods sold | 122.9 | 57.8 | 53.1 | 34.7 | 14.1 | 12.7 | 155.5 |
Gross profit | 680.8 | 296.1 | 230.9 | 247.2 | 108.9 | 91.7 | -91.5 |
Gross margin | 84.7% | 83.7% | 81.3% | 87.7% | 88.5% | 87.8% | -143.0% |
Selling, general and administrative | | | | | 12.2 | 10.4 | |
General and administrative | 96.3 | 57.8 | 47.3 | 58.1 | 3.9 | 2.9 | 3.5 |
EBIT | 296.4 | 42.4 | 26.8 | 97.3 | 48.9 | 32.2 | 33.9 |
EBIT margin | 36.9% | 12.0% | 9.4% | 34.5% | 39.8% | 30.9% | 53.0% |
Pre-tax income | 114.5 | -43.6 | -29.9 | 160.3 | 65.0 | 35.6 | 131.7 |
Income taxes | -117.6 | -18.7 | -11.7 | 157.8 | 2.3 | -0.3 | 0.6 |
Tax rate | | 42.9% | 39.0% | 98.4% | 3.5% | | 0.4% |
Net income | 232.1 | -24.9 | -18.3 | 2.5 | 62.7 | 35.9 | 131.2 |
Net margin | 28.9% | -7.0% | -6.4% | 0.9% | 51.0% | 34.4% | 205.0% |
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Diluted EPS | $1.49 | ($0.23) | ($0.21) | $0.03 | $31,934.00 | | |
Shares outstanding (diluted) | 155.5 | 107.3 | 86.8 | 71.9 | 0.0 | | |
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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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