Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-27-12 | Aug-31-12 | Mar-29-12 | Dec-29-11 | Mar-31-11 |
Revenues | 2,946.9 | 2,695.4 | 2,749.4 | 448.8 | | | 435.4 | 2,437.1 |
Revenue growth | 9.3% | -2.0% | 512.6% | 3.1% | | | 1.8% | 0.2% |
Cost of goods sold | 924.3 | 845.3 | 834.0 | 257.0 | | | 241.7 | 713.8 |
Gross profit | 2,022.6 | 1,850.1 | 1,915.5 | 191.8 | | | 193.7 | 1,723.3 |
Gross margin | 68.6% | 68.6% | 69.7% | 42.7% | | | 44.5% | 70.7% |
Selling, general and administrative | 233.0 | 216.3 | 197.5 | | | | | 212.4 |
Sales and marketing | | | | 470.0 | | | 446.0 | |
General and administrative | | | | 20.3 | | | 17.6 | |
EBITA | 210.8 | 160.4 | 150.6 | 191.8 | | | 193.7 | -30.3 |
EBITA margin | 7.2% | 6.0% | 5.5% | 42.7% | | | 44.5% | -1.2% |
Amortization of intangibles | 8.4 | 8.8 | 9.0 | | | | | |
EBIT | 202.5 | 151.6 | 141.6 | 191.8 | | | 193.7 | -30.3 |
EBIT margin | 6.9% | 5.6% | 5.1% | 42.7% | | | 44.5% | -1.2% |
Pre-tax income | 163.5 | 97.2 | 99.7 | 101.6 | | | 134.8 | -121.5 |
Income taxes | 59.7 | 33.5 | -263.4 | 0.6 | | | 0.3 | 2.0 |
Tax rate | 36.5% | 34.4% | | 0.6% | | | 0.2% | |
Net income | 103.9 | 64.1 | 364.4 | 101.0 | | | 134.5 | -122.9 |
Net margin | 3.5% | 2.4% | 13.3% | 22.5% | | | 30.9% | -5.0% |
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Diluted EPS | | | | | | | | |
Shares outstanding (diluted) | | | | | | | | |
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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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