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 | 350.1 | 393.9 | 416.1 | 296.8 | 218.4 | 198.9 | 230.6 | 203.3 |
Revenue growth | -11.1% | -5.3% | 40.2% | 35.9% | 9.8% | -13.8% | 13.4% | |
Cost of goods sold | 284.7 | 311.0 | 324.3 | 247.4 | 174.6 | 164.4 | 184.3 | 175.9 |
Gross profit | 65.4 | 83.0 | 91.8 | 49.4 | 43.9 | 34.5 | 46.3 | 27.4 |
Gross margin | 18.7% | 21.1% | 22.1% | 16.6% | 20.1% | 17.3% | 20.1% | 13.5% |
Selling, general and administrative | 48.6 | 76.0 | 93.8 | 66.3 | 40.0 | 36.2 | 38.9 | 36.8 |
EBIT | 16.8 | 3.8 | -2.0 | -16.9 | 3.9 | -1.7 | 7.4 | -9.4 |
EBIT margin | 4.8% | 1.0% | -0.5% | -5.7% | 1.8% | -0.9% | 3.2% | -4.6% |
Pre-tax income | -2.0 | -15.1 | -16.3 | -28.7 | -0.9 | -6.9 | 2.3 | -18.1 |
Income taxes | 2.1 | 1.7 | 1.7 | -1.0 | -0.6 | -1.6 | -4.4 | 2.7 |
Tax rate | | | | 3.4% | 62.9% | 23.6% | | |
Earnings from continuing ops | -4.1 | -16.8 | -18.1 | -27.7 | -0.3 | -5.3 | 2.0 | -20.8 |
Earnings from discontinued ops | | | | 0.8 | | | | |
Net income | -4.1 | -16.8 | -18.1 | -9.9 | 5.2 | -4.5 | 2.0 | -20.8 |
Net margin | -1.2% | -4.3% | -4.3% | -3.3% | 2.4% | -2.3% | 0.9% | -10.2% |
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Diluted EPS | ($0.26) | ($1.09) | ($1.18) | ($2.59) | ($0.05) | ($0.75) | $0.28 | ($3.15) |
Shares outstanding (diluted) | 15.7 | 15.4 | 15.3 | 10.7 | 7.1 | 7.1 | 7.1 | 6.6 |
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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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