Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 5,244.4 | 3,593.2 | 3,166.6 | 4,331.3 | 4,126.1 | 2,414.2 | 2,140.2 | 1,772.4 |
Revenue growth | 46.0% | 13.5% | -26.9% | 5.0% | 70.9% | 12.8% | 20.7% | 4.7% |
Cost of goods sold | 4,868.6 | 3,278.6 | 2,892.1 | 4,007.4 | 3,864.2 | 2,263.1 | 2,008.2 | 1,667.7 |
Gross profit | 375.8 | 314.6 | 274.5 | 323.9 | 261.9 | 151.1 | 132.0 | 104.8 |
Gross margin | 7.2% | 8.8% | 8.7% | 7.5% | 6.3% | 6.3% | 6.2% | 5.9% |
Selling, general and administrative | 269.7 | 230.0 | 207.2 | 248.4 | 179.5 | 102.2 | 86.5 | 69.4 |
EBITA | 103.1 | 85.4 | 67.4 | 75.5 | 82.4 | 48.9 | 45.6 | 35.6 |
EBITA margin | 2.0% | 2.4% | 2.1% | 1.7% | 2.0% | 2.0% | 2.1% | 2.0% |
Amortization of intangibles | 23.6 | 15.0 | 15.9 | 18.2 | 10.5 | 0.3 | 0.3 | |
EBIT | 79.5 | 70.4 | 51.5 | 57.3 | 71.9 | 48.6 | 45.3 | 35.6 |
EBIT margin | 1.5% | 2.0% | 1.6% | 1.3% | 1.7% | 2.0% | 2.1% | 2.0% |
Pre-tax income | 57.2 | 51.8 | 35.4 | -302.0 | 46.6 | 48.4 | 43.0 | 34.1 |
Income taxes | 9.3 | 13.0 | -5.4 | 23.4 | 0.2 | 12.2 | 11.1 | 10.3 |
Tax rate | 16.3% | 25.1% | | | 0.5% | 25.3% | 25.7% | 30.1% |
Earnings from continuing ops | 47.9 | 38.8 | 40.8 | -325.5 | 46.0 | 36.5 | 53.4 | 23.8 |
Earnings from discontinued ops | 0.9 | -8.7 | -14.3 | -16.9 | 1.4 | -0.4 | -21.5 | -10.1 |
Net income | 48.8 | 30.1 | 26.6 | -341.8 | 47.4 | 36.2 | 31.9 | 13.8 |
Net margin | 0.9% | 0.8% | 0.8% | -7.9% | 1.1% | 1.5% | 1.5% | 0.8% |
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Diluted EPS | $0.69 | $0.55 | $0.50 | ($4.16) | $0.72 | $0.72 | $1.08 | $0.46 |
Shares outstanding (diluted) | 69.1 | 70.2 | 81.2 | 78.2 | 63.6 | 50.6 | 49.7 | 51.8 |
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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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