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BTU INTERNATIONAL INC (BTUI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  47.858.176.181.645.172.363.778.3
            Revenue growth  -17.8%-23.7%-6.7%81.0%-37.6%13.4%-18.6%17.9%
Cost of goods sold  33.041.647.547.932.741.536.346.6
Gross profit  14.716.528.633.812.430.727.431.7
            Gross margin  30.8%28.4%37.5%41.4%27.5%42.5%43.0%40.5%
Selling, general and administrative  19.821.022.723.119.023.219.017.1
Research and development  4.65.57.16.66.97.35.75.1
EBITDA   [+]-7.9-8.20.66.3-11.42.14.210.7
            EBITDA margin  -16.5%-14.2%0.8%7.7%-25.2%3.0%6.6%13.7%
Depreciation and amortization  1.61.71.82.22.11.91.51.2
EBIT   [+]-9.5-9.9-1.24.1-13.50.32.79.5
            EBIT margin  -19.9%-17.1%-1.6%5.0%-29.9%0.4%4.3%12.2%
Non-recurring items  0.20.40.4     
Interest expense, net   [+]0.40.40.40.50.40.3-0.3-0.1
Other income (expense), net   [+]-0.1-0.20.20.0-0.20.0-0.4-0.2
Pre-tax income  -10.2-10.9-1.83.6-14.10.02.79.4
Income taxes  1.30.11.01.40.41.10.70.2
            Tax rate     38.7%  26.6%2.0%
Net income  -11.5-11.0-2.72.2-14.6-1.11.99.2
            Net margin  -24.0%-18.9%-3.6%2.7%-32.3%-1.5%3.1%11.8%
   
Basic EPS   [+]($1.20)($1.16)($0.29)$0.24($1.58)($0.12)$0.21$1.01
Diluted EPS   [+]($1.20)($1.16)($0.29)$0.23($1.58)($0.12)$0.20$0.98
   
Shares outstanding (basic)   [+]9.59.59.49.39.29.49.39.1
Shares outstanding (diluted)   [+]9.59.59.49.49.29.49.59.4
   
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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