Financial Summary (All financials)
In millions, except per share items | Mar-31-11 | Mar-31-10 | Mar-31-09 | Mar-31-08 | Mar-31-07 | Mar-31-06 | Mar-31-05 | Mar-31-04 |
Revenues | 186.6 | 178.3 | 326.8 | 240.7 | 240.0 | 166.6 | 76.1 | 39.1 |
Revenue growth | 4.7% | -45.5% | 35.8% | 0.3% | 44.0% | 118.8% | 94.9% | -17.4% |
Cost of goods sold | 52.2 | 49.4 | 43.4 | 0.0 | 162.5 | 0.0 | 108.5 | 113.1 |
Gross profit | 134.5 | 128.8 | 283.4 | 240.7 | 77.4 | 166.6 | -32.3 | -74.1 |
Gross margin | 72.0% | 72.3% | 86.7% | 100.0% | 32.3% | 100.0% | -42.5% | -189.7% |
Selling, general and administrative | 82.8 | 76.5 | 59.0 | 59.5 | 66.4 | 40.4 | 29.5 | 25.2 |
Research and development | 97.2 | 95.4 | 89.5 | 125.3 | | 89.1 | | |
EBIT | -45.6 | -43.0 | 135.0 | 15.3 | 11.0 | 13.7 | -61.8 | -99.3 |
EBIT margin | -24.4% | -24.1% | 41.3% | 6.3% | 4.6% | 8.2% | -81.2% | -254.2% |
Pre-tax income | -46.5 | -44.7 | 131.0 | 172.8 | 10.5 | 3.8 | -75.2 | 0.0 |
Income taxes | -1.0 | -5.1 | 0.5 | 5.9 | 1.1 | 0.0 | 0.0 | 0.0 |
Tax rate | 2.0% | 11.4% | 0.4% | 3.4% | 10.4% | 0.0% | 0.0% | |
Net income | -45.5 | -39.6 | 130.5 | 167.0 | 9.4 | 3.8 | -75.2 | -104.6 |
Net margin | -24.4% | -22.2% | 39.9% | 69.4% | 3.9% | 2.3% | -98.7% | -267.7% |
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Diluted EPS | ($0.48) | ($0.42) | $1.36 | $0.00 | $0.09 | $0.00 | ($0.83) | ($1.27) |
Shares outstanding (diluted) | 95.6 | 94.8 | 96.3 | 102.9 | 103.4 | 97.4 | 90.1 | 82.1 |
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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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