Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 186.0 | 170.8 | 148.0 | 131.9 | 117.7 | 101.4 |
Revenue growth | 8.9% | 15.5% | 12.1% | 12.1% | 16.1% | |
Cost of goods sold | 77.3 | 72.5 | 62.5 | 54.7 | 50.6 | 31.0 |
Gross profit | 108.7 | 98.3 | 85.4 | 77.2 | 67.1 | 70.4 |
Gross margin | 58.5% | 57.6% | 57.7% | 58.5% | 57.0% | 69.4% |
Selling, general and administrative | 3.9 | 4.0 | 4.3 | 3.2 | 2.8 | 8.9 |
EBITA | 96.8 | 87.3 | 73.1 | 65.3 | 55.8 | 63.1 |
EBITA margin | 52.0% | 51.1% | 49.4% | 49.5% | 47.4% | 62.2% |
Amortization of intangibles | 2.3 | 2.7 | 1.7 | 0.2 | 0.2 | 0.2 |
EBIT | 94.5 | 84.6 | 71.4 | 65.1 | 55.7 | 62.9 |
EBIT margin | 50.8% | 49.5% | 48.3% | 49.3% | 47.3% | 62.0% |
Pre-tax income | 59.4 | 54.0 | 44.7 | 39.4 | 31.8 | 26.2 |
Income taxes | 17.8 | 15.0 | 11.7 | 10.3 | 7.0 | 5.8 |
Tax rate | 30.0% | 27.7% | 26.1% | 26.2% | 22.1% | 22.3% |
Earnings from continuing ops | 41.6 | 39.1 | 33.1 | 29.1 | 24.7 | 20.3 |
Earnings from discontinued ops | -5.1 | 0.2 | 0.3 | | | |
Net income | 36.5 | 39.3 | 33.3 | 29.1 | 24.7 | 20.3 |
Net margin | 19.6% | 23.0% | 22.5% | 22.0% | 21.0% | 20.1% |
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Diluted EPS | $1.41 | $1.33 | $1.20 | $1.08 | $1.18 | $1.03 |
Shares outstanding (diluted) | 29.4 | 29.3 | 27.5 | 26.9 | 21.0 | 19.7 |
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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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