Financial Summary (All financials)
In millions, except per share items | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 | Mar-31-14 | Mar-31-13 | Mar-31-12 |
Revenues | 1,369.7 | 1,434.0 | 1,388.1 | 1,715.5 | 1,858.7 | 1,669.6 | 1,508.5 | 1,341.8 |
Revenue growth | -4.5% | 3.3% | -19.1% | -7.7% | 11.3% | 10.7% | 12.4% | 8.8% |
Cost of goods sold | 2,278.5 | 2,365.3 | 2,306.8 | 2,618.7 | 2,599.1 | 1,186.1 | 1,057.8 | 947.7 |
Gross profit | -908.8 | -931.3 | -918.7 | -903.2 | -740.4 | 483.5 | 450.7 | 394.2 |
Gross margin | -66.4% | -64.9% | -66.2% | -52.6% | -39.8% | 29.0% | 29.9% | 29.4% |
Selling, general and administrative | 182.1 | 185.0 | 195.4 | 224.6 | 254.2 | 199.8 | 163.4 | 135.3 |
EBITA | -127.4 | -73.3 | -88.1 | -16.4 | 117.2 | 160.9 | 207.1 | 94.8 |
EBITA margin | -9.3% | -5.1% | -6.3% | -1.0% | 6.3% | 9.6% | 13.7% | 7.1% |
Amortization of intangibles | 0.5 | 0.9 | | | | | | |
EBIT | -127.9 | -74.2 | -88.1 | -16.4 | 117.2 | 160.9 | 207.1 | 94.8 |
EBIT margin | -9.3% | -5.2% | -6.3% | -1.0% | 6.3% | 9.6% | 13.7% | 7.1% |
Pre-tax income | -336.3 | -228.0 | -143.3 | -79.2 | 111.5 | 245.0 | 166.7 | 79.4 |
Income taxes | -0.2 | -30.9 | 32.6 | -2.1 | 22.8 | 57.2 | 35.0 | 14.2 |
Tax rate | 0.0% | 13.5% | | 2.6% | 20.4% | 23.4% | 21.0% | 17.9% |
Net income | -336.8 | -194.7 | -169.6 | -73.9 | 84.3 | 186.7 | 130.1 | 63.5 |
Net margin | -24.6% | -13.6% | -12.2% | -4.3% | 4.5% | 11.2% | 8.6% | 4.7% |
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Diluted EPS | ($9.42) | ($5.52) | ($4.84) | ($2.12) | $2.37 | $5.09 | $3.57 | $1.73 |
Shares outstanding (diluted) | 35.7 | 35.3 | 35.0 | 34.9 | 35.5 | 36.7 | 36.5 | 36.8 |
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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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