| In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
| | 10-K | 10-K | 10-K/A | 10-K/A | 10-K/A |
| Revenues: |
| Lasers | 18.1 | 16.5 | | | |
| Photonic Products | 10.0 | 9.8 | | | |
| Optical Components | 4.0 | 3.5 | 1.0 | 1.1 | |
| Illumination | | | 13.1 | 11.9 | |
| Total revenues | 32.1 | 29.9 | 14.1 | 13.0 | 15.6 |
| Revenue growth [+] | 7.5% | | 8.7% | -16.6% | |
| Lasers | 9.7% | | | | |
| Photonic Products | 2.4% | | | | |
| Optical Components | 11.6% | | -13.2% | | |
| Illumination | | | 10.8% | | |
| Cost of goods sold | 20.8 | 20.9 | 11.2 | 11.2 | 11.3 |
| Gross profit | 11.3 | 9.0 | 2.9 | 1.8 | 4.3 |
| Gross margin | 35.3% | 30.2% | 20.9% | 14.1% | 27.5% |
| Selling, general and administrative [+] | 11.8 | 10.9 | 7.4 | 9.0 | 12.3 |
| Sales and marketing | 4.0 | 4.6 | 2.8 | 3.5 | 4.5 |
| General and administrative | 7.8 | 6.2 | 4.6 | 5.5 | 7.8 |
| Research and development | 3.0 | 3.2 | 3.7 | 6.2 | 5.5 |
| Other operating expenses | 1.1 | 1.3 | 0.3 | 0.3 | 0.7 |
| EBITDA [+] | -1.3 | -3.1 | -5.8 | -11.1 | -12.1 |
| EBITDA growth | -57.3% | | -47.9% | -8.3% | |
| EBITDA margin | -4.1% | -10.2% | -40.9% | -85.3% | -77.6% |
| Depreciation | 2.1 | 2.0 | 2.3 | 2.3 | 1.4 |
| EBITA | -3.4 | -5.0 | -8.1 | -13.3 | -13.5 |
| EBITA margin | -10.6% | -16.9% | -57.4% | -102.6% | -86.5% |
| Amortization of intangibles | 1.1 | 1.3 | 0.3 | 0.3 | 0.7 |
| EBIT [+] | -4.5 | -6.3 | -8.4 | -13.7 | -14.2 |
| EBIT growth | -28.8% | | -38.3% | -3.5% | |
| EBIT margin | -14.0% | -21.1% | -59.7% | -105.2% | -90.9% |
| Non-recurring items [+] | | | 1.9 | 1.6 | |
| Asset impairment | | | 1.9 | 1.6 | |
| Interest expense | 1.3 | 1.3 | 1.2 | 0.4 | 0.8 |
| Interest expense | 1.3 | 1.3 | 1.2 | 0.4 | 0.8 |
| Other income (expense), net | -4.9 | -1.4 | -0.2 | 0.1 | 0.4 |
| Pre-tax income | -10.7 | -9.0 | -11.7 | -15.5 | -14.5 |
| Income taxes | -0.4 | -0.4 | -0.1 | 0.0 | -0.8 |
| Tax rate | 3.4% | 4.9% | 0.6% | 0.0% | 5.5% |
| Earnings from continuing ops | -10.4 | -8.6 | -11.7 | -15.5 | -13.7 |
| Earnings from discontinued ops | 0.1 | 0.1 | | | |
| Net income | -10.3 | -8.5 | -11.7 | -15.5 | -13.9 |
| Net margin | -32.0% | -28.3% | -82.5% | -119.4% | -89.0% |
| |
| Basic EPS [+] | ($0.27) | ($0.25) | ($0.85) | ($1.22) | ($1.28) |
| Growth | 9.7% | | -30.5% | -4.5% | |
| Diluted EPS [+] | ($0.27) | ($0.25) | ($0.85) | ($1.22) | ($1.28) |
| Growth | 9.7% | | -30.5% | -4.5% | |
| |
| Shares outstanding (basic) [+] | 38.5 | 34.9 | 13.7 | 12.7 | 10.7 |
| Growth | 10.3% | | 8.1% | 18.7% | |
| Shares outstanding (diluted) [+] | 38.5 | 34.9 | 13.7 | 12.7 | 10.7 |
| Growth | 10.3% | | 8.1% | 18.7% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |