Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 469.0 | 1,108.7 | 1,430.0 | 634.7 | 423.0 | 480.4 | 355.3 | 204.9 |
Revenue growth | -57.7% | -22.5% | 125.3% | 50.0% | -11.9% | 35.2% | 73.5% | -74.5% |
Cost of goods sold | 363.9 | 455.2 | 355.7 | 262.8 | 195.8 | 166.0 | 142.5 | 138.5 |
Gross profit | 105.1 | 653.5 | 1,074.3 | 371.8 | 227.2 | 314.4 | 212.8 | 66.4 |
Gross margin | 22.4% | 58.9% | 75.1% | 58.6% | 53.7% | 65.4% | 59.9% | 32.4% |
General and administrative | 87.0 | 99.0 | 86.9 | 58.7 | 55.5 | 53.2 | 44.9 | 36.4 |
EBITA | -588.0 | -2,289.5 | 546.6 | 42.3 | 22.2 | 154.6 | 77.3 | -74.1 |
EBITA margin | -125.4% | -206.5% | 38.2% | 6.7% | 5.2% | 32.2% | 21.7% | -36.2% |
Amortization of intangibles | | | | | | | 0.5 | 2.8 |
EBIT | -588.0 | -2,289.5 | 546.6 | 42.3 | 22.2 | 154.6 | 76.8 | -76.8 |
EBIT margin | -125.4% | -206.5% | 38.2% | 6.7% | 5.2% | 32.2% | 21.6% | -37.5% |
Pre-tax income | -817.8 | -2,581.5 | 421.2 | -42.8 | -40.7 | 111.9 | 34.7 | -108.8 |
Income taxes | -1.7 | 1.5 | -0.1 | 0.9 | 0.1 | 1.2 | -0.2 | -1.5 |
Tax rate | 0.2% | | | | | 1.1% | | 1.4% |
Net income | -815.0 | -2,583.3 | 421.3 | -43.7 | -40.8 | 110.5 | 34.8 | -107.3 |
Net margin | -173.8% | -233.0% | 29.5% | -6.9% | -9.6% | 23.0% | 9.8% | -52.4% |
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Diluted EPS | ($3.81) | ($12.21) | $3.14 | ($0.43) | ($0.56) | $1.79 | $0.61 | ($2.03) |
Shares outstanding (diluted) | 213.8 | 211.6 | 134.2 | 101.6 | 72.7 | 61.6 | 56.9 | 52.8 |
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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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