Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 99.7 | 99.7 | 95.2 | 98.1 | 91.0 | 87.9 | 102.7 | 118.0 |
Revenue growth | 0.0% | 4.7% | -3.0% | 7.9% | 3.5% | -14.5% | -12.9% | -20.5% |
Cost of goods sold | 38.6 | 39.6 | 37.9 | 36.5 | 33.6 | 35.7 | 38.5 | 51.5 |
Gross profit | 61.1 | 60.1 | 57.3 | 61.7 | 57.3 | 52.2 | 64.3 | 66.5 |
Gross margin | 61.3% | 60.3% | 60.1% | 62.9% | 63.0% | 59.3% | 62.5% | 56.4% |
Sales and marketing | 31.8 | 34.4 | 33.9 | 28.5 | 26.3 | 35.0 | 44.1 | 87.4 |
Research and development | 17.2 | 20.2 | 19.9 | 16.4 | 17.3 | 22.6 | 24.2 | 30.9 |
General and administrative | 11.7 | 12.5 | 14.3 | 11.5 | 12.6 | 13.1 | 14.8 | 20.5 |
EBIT | -1.2 | -7.0 | -11.3 | 4.6 | 0.1 | -20.3 | -19.5 | -475.0 |
EBIT margin | -1.2% | -7.1% | -11.9% | 4.7% | 0.1% | -23.1% | -18.9% | -402.6% |
Pre-tax income | -0.6 | -5.9 | -15.1 | 6.9 | 1.8 | -35.4 | -16.6 | -541.8 |
Income taxes | 0.5 | 0.3 | 0.3 | 0.5 | 0.7 | 0.4 | 1.4 | 1.8 |
Tax rate | | | | 7.7% | 38.9% | | | |
Net income | -1.0 | -6.2 | -15.4 | 6.4 | 1.1 | -35.9 | -17.9 | -543.7 |
Net margin | -1.0% | -6.2% | -16.2% | 6.5% | 1.2% | -40.8% | -17.4% | -460.9% |
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Diluted EPS | ($0.02) | ($0.10) | ($0.26) | $0.10 | $0.02 | ($0.56) | ($0.28) | ($8.57) |
Shares outstanding (diluted) | 61.3 | 60.8 | 59.9 | 62.5 | 64.2 | 63.6 | 64.9 | 63.4 |
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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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