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 |
Revenues | 182.5 | 116.0 | 97.0 | 66.2 | 35.8 | 33.9 | 12.1 |
Revenue growth | 57.3% | 19.6% | 46.7% | 84.6% | 5.9% | 179.7% | |
Cost of goods sold | 336.2 | 26.5 | 22.4 | 14.0 | 9.5 | 8.4 | 2.9 |
Gross profit | -153.6 | 89.5 | 74.6 | 52.1 | 26.4 | 25.5 | 9.2 |
Gross margin | -84.2% | 77.1% | 76.9% | 78.8% | 73.5% | 75.2% | 76.2% |
General and administrative | 11.9 | 10.4 | 9.5 | 6.7 | 5.4 | 4.3 | 2.2 |
EBIT | -210.2 | 49.0 | 40.4 | 33.3 | 12.3 | 12.7 | 0.9 |
EBIT margin | -115.2% | 42.2% | 41.7% | 50.4% | 34.2% | 37.6% | 7.1% |
Pre-tax income | -201.6 | -8.0 | 40.0 | -3.3 | 3.4 | 10.7 | 28.4 |
Income taxes | -69.7 | -3.3 | 13.9 | -1.7 | 1.2 | 0.0 | 9.7 |
Tax rate | 34.6% | 41.6% | 34.7% | 51.3% | 33.8% | 0.0% | 34.1% |
Net income | -131.9 | -4.7 | 26.2 | -1.6 | 0.0 | 7.0 | 18.7 |
Net margin | -72.3% | -4.0% | 27.0% | -2.4% | 0.0% | 20.7% | 154.5% |
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Diluted EPS | ($3.18) | ($0.12) | $0.71 | ($0.06) | $0.07 | $0.31 | |
Shares outstanding (diluted) | 41.5 | 38.8 | 36.8 | 26.5 | 0.0 | 22.7 | |
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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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