Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 2,376.3 | 2,455.6 | 2,577.0 | 2,608.6 | 2,394.4 | 2,386.5 | 2,155.3 | 1,922.6 |
Revenue growth | -3.2% | -4.7% | -1.2% | 8.9% | 0.3% | 10.7% | 12.1% | 21.5% |
Cost of goods sold | 1,286.5 | 1,347.3 | 1,363.5 | 1,296.5 | 1,148.5 | 1,140.7 | 1,020.8 | 868.4 |
Gross profit | 1,089.9 | 1,108.3 | 1,213.5 | 1,312.1 | 1,245.9 | 1,245.8 | 1,134.6 | 1,054.2 |
Gross margin | 45.9% | 45.1% | 47.1% | 50.3% | 52.0% | 52.2% | 52.6% | 54.8% |
Sales and marketing | 403.1 | 434.4 | 513.0 | 566.1 | 556.6 | 565.6 | 499.1 | 441.6 |
Research and development | 112.1 | 119.5 | 144.8 | 159.1 | 181.7 | 150.2 | 133.3 | 112.8 |
General and administrative | 563.8 | 374.2 | 453.2 | 435.2 | 347.4 | 399.3 | 446.9 | 357.0 |
EBIT | 99.7 | 217.8 | 200.7 | 195.3 | 173.4 | 139.3 | 65.8 | 150.3 |
EBIT margin | 4.2% | 8.9% | 7.8% | 7.5% | 7.2% | 5.8% | 3.1% | 7.8% |
Pre-tax income | -152.4 | -84.5 | -117.9 | -120.0 | -69.1 | -166.0 | -1,067.8 | 40.2 |
Income taxes | 35.4 | -53.6 | 71.0 | -44.7 | -10.7 | -24.2 | -29.9 | 15.6 |
Tax rate | | 63.4% | | 37.3% | 15.6% | 14.6% | 2.8% | 38.8% |
Earnings from continuing ops | -159.0 | -37.1 | -192.8 | -80.1 | -21.3 | -131.7 | -1,052.9 | 8.8 |
Earnings from discontinued ops | | 219.5 | 138.3 | -16.1 | -78.5 | | 11.4 | 1.9 |
Net income | -159.0 | 182.4 | -54.4 | -96.3 | -99.8 | -131.7 | -1,041.5 | 10.7 |
Net margin | -6.7% | 7.4% | -2.1% | -3.7% | -4.2% | -5.5% | -48.3% | 0.6% |
|
Diluted EPS | ($1.83) | ($0.43) | ($2.32) | ($0.98) | ($0.26) | ($1.58) | ($12.47) | $0.11 |
Shares outstanding (diluted) | 86.8 | 85.4 | 82.9 | 81.5 | 80.6 | 83.1 | 84.4 | 82.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|