Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 1,826.8 | 1,832.0 | 1,577.2 | 1,353.6 | 1,056.5 |
Revenue growth | -0.3% | 16.2% | 16.5% | 28.1% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 1,826.8 | 1,832.0 | 1,577.2 | 1,353.6 | 1,056.5 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Sales and marketing | 48.2 | 42.7 | 37.3 | 36.2 | 34.1 |
EBIT | -2,551.6 | -1,813.7 | -1,212.2 | -783.8 | -599.7 |
EBIT margin | -139.7% | -99.0% | -76.9% | -57.9% | -56.8% |
Pre-tax income | 215.6 | 476.2 | 430.8 | 414.8 | 293.1 |
Income taxes | 75.3 | 176.9 | 147.9 | 141.4 | 98.8 |
Tax rate | 34.9% | 37.1% | 34.3% | 34.1% | 33.7% |
Net income | 140.3 | 299.3 | 282.9 | 273.4 | 194.3 |
Net margin | 7.7% | 16.3% | 17.9% | 20.2% | 18.4% |
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Diluted EPS | $0.71 | $1.55 | $1.58 | $1.58 | $1.24 |
Shares outstanding (diluted) | 198.5 | 193.7 | 179.1 | 172.6 | 156.5 |
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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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