Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 27.0 | 620.0 | 3,446.0 | 7,623.0 | 7,959.0 | 11,418.0 | 10,509.0 | 9,478.0 |
Revenue growth | -95.6% | -82.0% | -54.8% | -4.2% | -30.3% | 8.6% | 10.9% | -2.8% |
Cost of goods sold | 41.0 | 532.0 | 1,926.0 | 4,464.0 | 4,621.0 | 6,979.0 | 6,231.0 | 5,556.0 |
Gross profit | -14.0 | 88.0 | 1,520.0 | 3,159.0 | 3,338.0 | 4,439.0 | 4,278.0 | 3,922.0 |
Gross margin | -51.9% | 14.2% | 44.1% | 41.4% | 41.9% | 38.9% | 40.7% | 41.4% |
Selling, general and administrative | 157.0 | 515.0 | 633.0 | 1,152.0 | 1,476.0 | 2,503.0 | 2,429.0 | 2,146.0 |
Research and development | | 107.0 | 703.0 | 1,141.0 | 1,299.0 | 1,939.0 | 1,874.0 | 1,975.0 |
EBITA | -117.0 | -256.0 | 101.0 | 577.0 | 438.0 | 330.0 | -2,692.0 | -289.0 |
EBITA margin | -433.3% | -41.3% | 2.9% | 7.6% | 5.5% | 2.9% | -25.6% | -3.0% |
Amortization of intangibles | | | | 21.0 | 24.0 | 26.0 | 17.0 | 9.0 |
EBIT | -117.0 | -256.0 | 101.0 | 556.0 | 414.0 | 304.0 | -2,709.0 | -298.0 |
EBIT margin | -433.3% | -41.3% | 2.9% | 7.3% | 5.2% | 2.7% | -25.8% | -3.1% |
Pre-tax income | 3,683.0 | -4,119.0 | 0.0 | 0.0 | 0.0 | 28.0 | -2,692.0 | 0.0 |
Income taxes | -9.0 | 40.0 | -101.0 | -3,193.0 | -1,122.0 | 0.0 | -81.0 | 0.0 |
Tax rate | | | | | | 0.0% | 3.0% | |
Net income | 3,713.0 | -4,145.0 | 488.0 | -5,799.0 | -957.0 | 28.0 | -2,610.0 | 0.0 |
Net margin | 13751.9% | -668.5% | 14.2% | -76.1% | -12.0% | 0.2% | -24.8% | 0.0% |
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Diluted EPS | $6.91 | ($8.42) | $83.00 | ($1,281.00) | ($843.00) | | ($47.02) | |
Shares outstanding (diluted) | 537.3 | 492.3 | 5.9 | 4.5 | 1.1 | | 55.5 | |
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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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