Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 1,946.6 | 1,792.3 | 2,021.7 | 1,801.8 | 1,580.6 | 3,558.2 | 2,384.3 | 3,130.1 |
Revenue growth | 8.6% | -11.3% | 12.2% | 14.0% | -55.6% | 49.2% | -23.8% | 3.2% |
Cost of goods sold | 150.9 | 130.9 | 111.8 | 105.1 | 110.4 | 125.8 | 91.2 | 98.8 |
Gross profit | 1,795.8 | 1,661.4 | 1,909.9 | 1,696.7 | 1,470.2 | 3,432.5 | 2,293.1 | 3,031.2 |
Gross margin | 92.3% | 92.7% | 94.5% | 94.2% | 93.0% | 96.5% | 96.2% | 96.8% |
Selling, general and administrative | | | | | | | | |
General and administrative | 80.0 | 65.1 | 55.5 | 51.2 | 62.5 | 72.4 | 62.3 | 47.7 |
EBIT | 23.9 | 37.7 | 74.7 | 61.3 | 22.2 | 10.6 | 27.1 | 35.3 |
EBIT margin | 1.2% | 2.1% | 3.7% | 3.4% | 1.4% | 0.3% | 1.1% | 1.1% |
Pre-tax income | -122.8 | -43.4 | -4.0 | -27.5 | -78.4 | -49.5 | 9.0 | 16.5 |
Income taxes | -10.2 | -6.6 | -2.8 | -6.0 | -6.0 | 1.4 | 0.0 | 0.0 |
Tax rate | 8.3% | 15.3% | 68.4% | 21.9% | 7.7% | | 0.0% | 0.0% |
Earnings from continuing ops | -29.6 | -12.5 | -6.0 | -11.7 | -302.8 | 27.0 | 24.4 | 16.5 |
Earnings from discontinued ops | | | | | 318.4 | 21.5 | | |
Net income | -29.6 | -12.5 | -6.0 | -11.7 | 15.6 | 48.5 | 24.4 | 16.5 |
Net margin | -1.5% | -0.7% | -0.3% | -0.6% | 1.0% | 1.4% | 1.0% | 0.5% |
|
Diluted EPS | ($0.62) | ($0.26) | ($0.13) | ($0.25) | ($6.51) | $0.58 | $0.52 | $0.39 |
Shares outstanding (diluted) | 47.7 | 47.4 | 47.2 | 46.7 | 46.5 | 46.6 | 46.6 | 42.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|