Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 448.3 | 551.9 | 678.6 | 568.8 | 373.9 | 250.6 | 215.9 |
Revenue growth | -18.8% | -18.7% | 19.3% | 52.1% | 49.2% | 16.1% | |
Cost of goods sold | 171.6 | 210.6 | 247.4 | 204.2 | 152.8 | 108.6 | 96.9 |
Gross profit | 276.7 | 341.3 | 431.1 | 364.7 | 221.1 | 142.1 | 119.0 |
Gross margin | 61.7% | 61.8% | 63.5% | 64.1% | 59.1% | 56.7% | 55.1% |
Selling, general and administrative | 135.2 | 144.7 | 155.6 | 125.7 | 91.8 | 68.2 | 59.8 |
EBIT | 10.6 | 45.7 | 56.8 | 52.8 | 28.2 | 17.2 | 6.7 |
EBIT margin | 2.4% | 8.3% | 8.4% | 9.3% | 7.5% | 6.9% | 3.1% |
Pre-tax income | -5.2 | 28.7 | 39.7 | 27.8 | 13.4 | 17.8 | 6.1 |
Income taxes | -0.7 | 13.4 | 16.5 | 11.8 | 4.8 | 7.1 | 2.5 |
Tax rate | 12.9% | 46.9% | 41.6% | 42.3% | 36.2% | 40.1% | 41.0% |
Net income | -4.6 | 15.2 | 23.1 | 16.0 | 8.5 | 10.7 | 3.6 |
Net margin | -1.0% | 2.8% | 3.4% | 2.8% | 2.3% | 4.3% | 1.7% |
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Diluted EPS | ($0.31) | $1.02 | $1.54 | $1.08 | $0.58 | $0.76 | $0.27 |
Shares outstanding (diluted) | 14.9 | 15.0 | 15.0 | 14.9 | 14.8 | 14.1 | 13.4 |
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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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