In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Total revenues [+] | 70.6 | 89.5 | 93.9 | 77.8 | 65.0 | 55.9 | 58.2 | 50.8 |
Services | | | | | | | 1.5 | 1.7 |
Subscription | 58.0 | 64.4 | 65.0 | 51.6 | 43.1 | 37.6 | 33.4 | 29.4 |
Revenue growth | -21.0% | -4.7% | 20.6% | 19.7% | 16.3% | -4.0% | 14.6% | -64.9% |
Cost of goods sold [+] | 23.0 | 25.4 | 25.4 | 22.0 | 18.2 | 15.5 | 13.8 | 11.4 |
Cost of services | | | | | | | 0.7 | 0.8 |
Cost of subscriptions | 23.0 | 25.4 | 25.4 | 21.8 | 18.0 | 15.4 | 13.1 | 10.7 |
Gross profit | 47.7 | 64.0 | 68.5 | 55.9 | 46.9 | 40.5 | 44.4 | 39.4 |
Gross margin | 67.5% | 71.6% | 73.0% | 71.8% | 72.1% | 72.4% | 76.3% | 77.5% |
Selling, general and administrative [+] | 27.3 | 28.2 | 26.9 | 22.8 | 18.5 | 17.5 | 16.5 | 16.5 |
Sales and marketing | 13.3 | 12.4 | 11.9 | 9.5 | 8.2 | 8.5 | 7.0 | 6.7 |
General and administrative | 14.0 | 15.8 | 15.1 | 13.3 | 10.3 | 9.1 | 9.5 | 9.9 |
Research and development | 9.2 | 9.0 | 8.0 | 4.9 | 3.1 | 2.6 | 3.1 | 2.4 |
Other operating expenses | 15.4 | 25.6 | 25.2 | 23.7 | 19.0 | 15.6 | 18.8 | 17.1 |
EBITDA [+] | -2.8 | 2.3 | 8.9 | 4.7 | 6.4 | 4.7 | 6.0 | 3.4 |
EBITDA growth | -221.0% | -73.7% | 89.9% | -26.7% | 35.5% | -21.2% | 77.7% | 68.4% |
EBITDA margin | -4.0% | 2.6% | 9.5% | 6.0% | 9.9% | 8.5% | 10.3% | 6.6% |
Depreciation | 3.0 | 3.1 | 2.2 | 1.3 | 0.8 | 0.7 | 0.9 | 3.4 |
EBITA | -5.8 | -0.8 | 6.7 | 3.4 | 5.6 | 4.0 | 5.1 | 0.0 |
EBITA margin | -8.2% | -0.9% | 7.2% | 4.3% | 8.6% | 7.1% | 8.8% | 0.0% |
Amortization of intangibles | 5.0 | 5.1 | 4.6 | 3.8 | 2.6 | 2.3 | 2.5 | |
EBIT [+] | -10.8 | -5.9 | 2.1 | -0.4 | 3.0 | 1.7 | 2.6 | 0.0 |
EBIT growth | 83.9% | -377.6% | -604.8% | -114.1% | 74.8% | -35.4% | -13915.8% | -98.3% |
EBIT margin | -15.3% | -6.6% | 2.3% | -0.5% | 4.6% | 3.0% | 4.5% | 0.0% |
Non-recurring items [+] | 12.0 | 2.7 | | | | | 3.0 | 1.6 |
Asset impairment | 12.0 | 2.7 | | | | | | |
Legal settlement | | | | | | | 3.0 | 1.6 |
Interest expense | 1.7 | 0.8 | 0.8 | 0.3 | 0.3 | 0.2 | 0.1 | 1.0 |
Interest expense | 1.7 | 0.8 | 0.8 | 0.3 | 0.3 | 0.2 | 0.1 | 1.0 |
Other income (expense), net [+] | -0.2 | 0.1 | 1.3 | 0.3 | -0.5 | 0.0 | 0.0 | -2.9 |
Asset impairment charges | | 1.3 | | | | | | |
Gain (loss) on debt retirement | -0.3 | | | | | | | -2.9 |
Other | 0.1 | 0.1 | 1.3 | -0.3 | -0.5 | 0.0 | | |
Pre-tax income | -24.7 | -9.3 | 2.7 | -0.4 | 2.1 | 1.5 | -0.5 | -5.5 |
Income taxes | -0.3 | 9.9 | 0.4 | -2.4 | -4.9 | -0.1 | -0.1 | 0.3 |
Tax rate | 1.4% | | 15.8% | 586.4% | | | 27.5% | |
Earnings from continuing ops | -24.3 | -19.2 | 2.2 | 2.0 | 7.0 | 1.6 | -0.4 | -5.8 |
Earnings from discontinued ops | | | -0.5 | 1.4 | 0.1 | 0.3 | | |
Net income | -24.3 | -19.2 | 1.7 | 0.6 | 7.2 | 1.9 | -0.4 | -5.8 |
Net margin | -34.4% | -21.4% | 1.9% | 0.8% | 11.0% | 3.3% | -0.7% | -11.5% |
|
Basic EPS [+] | ($1.25) | ($1.00) | $0.12 | $0.11 | $0.46 | $0.10 | ($0.03) | ($0.40) |
Growth | 24.5% | -948.0% | 10.7% | -76.6% | 340.4% | -511.3% | -93.8% | -99.9% |
Diluted EPS [+] | ($1.25) | ($1.00) | $0.00 | $0.10 | $0.44 | $0.10 | ($0.03) | ($0.40) |
Growth | 24.5% | -863620.4% | -99.9% | -76.4% | 342.3% | -494.2% | -93.8% | -99.9% |
|
Shares outstanding (basic) [+] | 19.5 | 19.1 | 18.9 | 18.4 | 15.4 | 15.1 | 15.1 | 14.4 |
Growth | 2.0% | 1.0% | 2.8% | 19.5% | 2.4% | -0.2% | 4.5% | 101915.0% |
Shares outstanding (diluted) [+] | 19.5 | 19.1 | 19,268.0 | 19.0 | 16.0 | 15.7 | 15.1 | 14.4 |
Growth | 2.0% | -99.9% | 101578.1% | 18.3% | 1.9% | 4.2% | 4.5% | 101915.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |