Financial Summary (All financials)
In millions, except per share items | Mar-31-16 | Mar-31-15 | Mar-31-14 | Mar-31-13 | Mar-31-12 | Mar-31-11 | Mar-31-10 | Mar-31-09 |
Revenues | 632.9 | 698.8 | 730.5 | 671.6 | 585.3 | 464.7 | 450.7 | 563.6 |
Revenue growth | -9.4% | -4.3% | 8.8% | 14.7% | 26.0% | 3.1% | -20.0% | -9.3% |
Cost of goods sold | 542.2 | 579.3 | 579.4 | 520.7 | 454.6 | 363.1 | 367.5 | 480.4 |
Gross profit | 90.7 | 119.4 | 151.1 | 150.9 | 130.6 | 101.5 | 83.2 | 83.2 |
Gross margin | 14.3% | 17.1% | 20.7% | 22.5% | 22.3% | 21.8% | 18.5% | 14.8% |
Selling, general and administrative | | | | | | | | |
Sales and marketing | 43.7 | 39.7 | 38.0 | 37.4 | 36.5 | 33.5 | 33.9 | 44.0 |
Research and development | 27.2 | 24.3 | 24.0 | 20.7 | 17.9 | 15.0 | 12.9 | 18.4 |
General and administrative | 36.0 | 48.9 | 28.6 | 32.1 | 30.3 | 34.8 | 35.0 | 33.9 |
EBITA | -15.8 | 6.6 | 60.5 | 60.7 | 45.9 | 18.1 | 1.3 | -13.1 |
EBITA margin | -2.5% | 0.9% | 8.3% | 9.0% | 7.8% | 3.9% | 0.3% | -2.3% |
Amortization of intangibles | 0.4 | 0.1 | | | | | | |
EBIT | -16.2 | 6.5 | 60.5 | 60.7 | 45.9 | 18.1 | 1.3 | -13.1 |
EBIT margin | -2.6% | 0.9% | 8.3% | 9.0% | 7.8% | 3.9% | 0.3% | -2.3% |
Pre-tax income | -17.0 | 6.2 | 60.4 | 60.7 | 46.0 | 18.2 | 1.1 | -15.8 |
Income taxes | -7.9 | 1.3 | 21.0 | 20.9 | 16.0 | 5.2 | -0.8 | -6.2 |
Tax rate | 46.1% | 20.8% | 34.8% | 34.5% | 34.9% | 28.7% | | 39.7% |
Net income | -9.2 | 4.9 | 39.4 | 39.7 | 29.9 | 13.0 | 1.9 | -9.5 |
Net margin | -1.5% | 0.7% | 5.4% | 5.9% | 5.1% | 2.8% | 0.4% | -1.7% |
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Diluted EPS | ($0.71) | $0.38 | $2.90 | $2.89 | $1.72 | $0.70 | $0.10 | ($0.53) |
Shares outstanding (diluted) | 13.0 | 13.1 | 13.6 | 13.8 | 17.5 | 18.5 | 18.3 | 18.1 |
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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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