Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 581.2 | 650.8 | 751.9 | 797.5 | 985.4 | 1,165.4 | 1,301.4 | 1,383.9 |
Revenue growth | -10.7% | -13.4% | -5.7% | -19.1% | -15.4% | -10.4% | -6.0% | -9.1% |
Cost of goods sold | 312.7 | 306.6 | 319.5 | 961.5 | 644.1 | 683.1 | 1,000.8 | 103.6 |
Gross profit | 268.5 | 344.2 | 432.4 | -164.0 | 341.3 | 482.3 | 300.5 | 1,280.3 |
Gross margin | 46.2% | 52.9% | 57.5% | -20.6% | 34.6% | 41.4% | 23.1% | 92.5% |
Selling, general and administrative | 83.3 | 82.7 | 80.5 | 63.2 | 82.6 | 94.7 | 88.2 | 0.0 |
EBIT | 37.3 | 86.4 | 63.3 | -481.5 | -114.9 | 322.2 | 212.3 | 399.5 |
EBIT margin | 6.4% | 13.3% | 8.4% | -60.4% | -11.7% | 27.6% | 16.3% | 28.9% |
Pre-tax income | 182.0 | 258.0 | 352.2 | -227.2 | 258.7 | 387.6 | 239.2 | 380.8 |
Income taxes | 17.2 | 34.7 | 25.0 | -3.1 | 43.2 | 4.3 | 13.0 | 23.8 |
Tax rate | 9.5% | 13.5% | 7.1% | 1.4% | 16.7% | 1.1% | 5.4% | 6.3% |
Net income | 164.8 | 223.3 | 327.2 | -224.1 | 215.5 | 382.0 | 0.0 | 346.6 |
Net margin | 28.4% | 34.3% | 43.5% | -28.1% | 21.9% | 32.8% | 0.0% | 25.0% |
|
Diluted EPS | $6.21 | $7.36 | $9.63 | ($6.01) | $4.78 | $7.30 | $0.00 | $5.38 |
Shares outstanding (diluted) | 26.5 | 30.3 | 34.0 | 37.3 | 45.1 | 52.3 | 54.2 | 64.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|