Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Mar-16-09 |
Revenues | 1,344.0 | 1,375.4 | 1,346.5 | 1,377.4 | 1,514.4 | 2,653.7 | 1,642.2 | 1,479.8 |
Revenue growth | -2.3% | 2.1% | -2.2% | -9.0% | -42.9% | 61.6% | 11.0% | 14.5% |
Cost of goods sold | 606.2 | 583.3 | 575.9 | 613.9 | 718.7 | 1,292.8 | 607.1 | 580.1 |
Gross profit | 737.8 | 792.1 | 770.6 | 763.5 | 795.7 | 1,360.9 | 1,035.1 | 899.6 |
Gross margin | 54.9% | 57.6% | 57.2% | 55.4% | 52.5% | 51.3% | 63.0% | 60.8% |
Selling, general and administrative | 191.1 | 173.0 | 150.7 | | | | | 1,224.7 |
Sales and marketing | | | | 12.8 | 21.2 | 134.8 | 36.3 | |
EBITA | 94.0 | 238.9 | 212.2 | 168.5 | 167.8 | 160.4 | 394.0 | 255.1 |
EBITA margin | 7.0% | 17.4% | 15.8% | 12.2% | 11.1% | 6.0% | 24.0% | 17.2% |
Amortization of intangibles | | | | | | 15.5 | | |
EBIT | 94.0 | 238.9 | 212.2 | 168.5 | 167.8 | 144.9 | 394.0 | 255.1 |
EBIT margin | 7.0% | 17.4% | 15.8% | 12.2% | 11.1% | 5.5% | 24.0% | 17.2% |
Pre-tax income | -34.8 | 85.2 | 81.3 | 51.1 | -149.1 | -21.5 | 136.2 | 137.4 |
Income taxes | -7.7 | 20.9 | 33.0 | 19.8 | -55.8 | -7.7 | 99.8 | 52.8 |
Tax rate | 22.1% | 24.5% | 40.6% | 38.7% | 37.4% | 35.8% | 73.3% | 38.4% |
Earnings from continuing ops | -27.1 | 64.3 | 48.3 | 31.3 | -93.3 | -13.8 | 36.4 | |
Earnings from discontinued ops | | | -21.6 | 20.0 | -58.5 | | | |
Net income | -27.1 | 64.3 | 26.7 | 51.3 | -151.8 | -13.8 | 36.4 | 84.6 |
Net margin | -2.0% | 4.7% | 2.0% | 3.7% | -10.0% | -0.5% | 2.2% | 5.7% |
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Diluted EPS | ($0.53) | $1.23 | $0.88 | $0.61 | ($1.94) | ($0.38) | $1.13 | $0.00 |
Shares outstanding (diluted) | 50.7 | 52.4 | 54.6 | 51.4 | 48.2 | 36.0 | 32.2 | 35.0 |
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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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