Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 316.1 | 338.2 | 326.2 | 320.3 | 300.4 | 255.5 | 242.6 | 228.4 |
Revenue growth | -6.5% | 3.7% | 1.8% | 6.6% | 17.6% | 5.3% | 6.2% | 15.8% |
Cost of goods sold | 54.6 | 51.9 | 288.6 | 277.9 | 45.8 | 38.5 | 140.4 | 130.6 |
Gross profit | 261.5 | 286.3 | 37.7 | 42.4 | 254.6 | 217.0 | 102.2 | 97.8 |
Gross margin | 82.7% | 84.7% | 11.5% | 13.2% | 84.7% | 84.9% | 42.1% | 42.8% |
Sales and marketing | 62.5 | 66.1 | 67.3 | 59.6 | 55.7 | 47.8 | 46.9 | 45.3 |
General and administrative | 43.1 | 39.1 | 37.7 | 37.5 | 35.2 | 31.9 | 28.9 | 29.5 |
EBITA | -42.1 | -100.8 | -6.2 | 2.3 | 17.6 | 18.9 | 17.0 | 14.4 |
EBITA margin | -13.3% | -29.8% | -1.9% | 0.7% | 5.9% | 7.4% | 7.0% | 6.3% |
Amortization of intangibles | 1.8 | 2.2 | 2.3 | 2.2 | 2.1 | 2.0 | | |
EBIT | -43.9 | -103.0 | -8.5 | 0.1 | 15.5 | 16.9 | 17.0 | 14.4 |
EBIT margin | -13.9% | -30.5% | -2.6% | 0.0% | 5.2% | 6.6% | 7.0% | 6.3% |
Pre-tax income | -74.5 | -84.8 | -28.9 | -22.5 | -7.2 | -23.1 | -4.8 | -13.7 |
Income taxes | -1.8 | -9.6 | 1.6 | 0.9 | -2.6 | 3.5 | -1.8 | -4.0 |
Tax rate | 2.4% | 11.3% | | | 35.5% | | 37.3% | 29.3% |
Net income | -71.9 | -74.4 | -32.5 | -27.0 | -11.9 | -20.5 | -3.0 | -9.5 |
Net margin | -22.8% | -22.0% | -10.0% | -8.4% | -4.0% | -8.0% | -1.2% | -4.2% |
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Diluted EPS | ($1.90) | ($1.96) | ($0.94) | ($0.89) | ($0.45) | ($0.98) | ($0.15) | ($0.50) |
Shares outstanding (diluted) | 38.0 | 37.9 | 34.6 | 30.5 | 26.4 | 20.9 | 19.7 | 19.0 |
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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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