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 | 1.6 | 0.7 | 1.5 | 414.4 | 612.7 | 575.3 | 1,075.1 | 850.0 |
Revenue growth | 117.9% | -49.3% | -99.6% | -32.4% | 6.5% | -46.5% | 26.5% | 28.8% |
Cost of goods sold | 21.8 | 22.0 | 24.3 | 63.8 | 89.7 | 21.1 | 102.8 | 78.0 |
Gross profit | -20.1 | -21.3 | -22.8 | 350.7 | 523.1 | 554.2 | 972.3 | 772.0 |
Gross margin | -1247.4% | -2872.6% | -1561.0% | 84.6% | 85.4% | 96.3% | 90.4% | 90.8% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | 135.1 | 204.9 | 178.5 | 319.8 | 217.0 |
EBIT | -11.9 | -56.6 | -17.6 | 350.7 | 523.1 | 554.2 | 972.3 | 772.0 |
EBIT margin | -734.2% | -7636.8% | -1204.8% | 84.6% | 85.4% | 96.3% | 90.4% | 90.8% |
Pre-tax income | -20.1 | -21.3 | -22.8 | -2.2 | 3.9 | -71.0 | -79.2 | -4.4 |
Income taxes | -17.5 | -14.1 | -21.7 | 2.7 | 2.1 | 0.4 | -31.1 | -11.5 |
Tax rate | 87.1% | 66.1% | 94.9% | | 53.6% | | 39.3% | 260.8% |
Earnings from continuing ops | | | | -4.9 | | | | |
Earnings from discontinued ops | | | | -16.1 | | | | |
Net income | 5.7 | -42.5 | 4.1 | -21.0 | 1.8 | -54.6 | -48.0 | 7.1 |
Net margin | 352.3% | -5739.3% | 277.3% | -5.1% | 0.3% | -9.5% | -4.5% | 0.8% |
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Diluted EPS | | | $0.00 | | $0.00 | $0.00 | $0.00 | $0.00 |
Shares outstanding (diluted) | | | 33.8 | | 30.5 | 31.3 | 31.4 | 22.2 |
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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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