Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 195.2 | 201.2 | 94.1 | 58.0 | 77.6 | 115.6 |
Revenue growth | -3.0% | 113.9% | 62.3% | -25.3% | -32.9% | |
Cost of goods sold | 11.2 | 11.0 | 5.5 | 3.3 | 17.2 | 80.8 |
Gross profit | 184.0 | 190.1 | 88.5 | 54.7 | 60.4 | 34.8 |
Gross margin | 94.3% | 94.5% | 94.1% | 94.3% | 77.8% | 30.1% |
Selling, general and administrative | | | | | 106.7 | 0.0 |
General and administrative | 16.5 | 16.0 | 12.6 | 11.8 | | 0.0 |
EBIT | 8.8 | 62.7 | -2.0 | -28.9 | -22.9 | 34.8 |
EBIT margin | 4.5% | 31.2% | -2.2% | -49.9% | -29.6% | 30.1% |
Pre-tax income | -115.5 | 26.1 | -72.5 | -73.7 | -42.5 | 58.9 |
Income taxes | -12.5 | 6.8 | -29.0 | 25.0 | -15.1 | 22.4 |
Tax rate | 10.8% | 26.0% | 40.0% | | 35.6% | 38.1% |
Net income | -111.6 | 11.5 | -47.5 | -98.7 | 0.0 | 36.5 |
Net margin | -57.2% | 5.7% | -50.4% | -170.3% | 0.0% | 31.5% |
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Diluted EPS | ($4.48) | $0.46 | ($2.13) | ($12.17) | $0.00 | |
Shares outstanding (diluted) | 24.9 | 24.8 | 22.3 | 8.1 | 7.5 | |
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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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