SunEdison Semiconductor Ltd (SEMI) [Rocket]

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K	10-K	10-K	10-K	10-K
Revenues:
U.S.	126.4	123.0	130.3
Germany	55.3	67.4	62.4
France	29.5	32.1	38.2
Other	565.5	615.2	680.6
Total revenues	776.7	837.7	911.5
Revenue growth [+]	-7.3%	-8.1%
U.S.	2.8%	-5.6%
Germany	-18.0%	8.0%
France	-8.1%	-16.0%
Cost of goods sold	700.4	761.1	838.9
Gross profit	76.3	76.6	72.6
Gross margin	9.8%	9.1%	8.0%
Selling, general and administrative	81.3	84.8	105.1
Research and development	30.2	34.8	37.0
Equity in earnings	0.7	0.6
Other operating expenses	-0.8	-2.4	-9.1
EBITDA [+]	77.8	76.0	59.2
EBITDA growth	2.4%	28.4%
EBITDA margin	10.0%	9.1%	6.5%
Depreciation and amortization	111.5	116.0	119.6
EBIT [+]	-33.7	-40.0	-60.4
EBIT growth	-15.8%	-33.8%
EBIT margin	-4.3%	-4.8%	-6.6%
Non-recurring items [+]	67.5	41.2	-41.4
Asset impairment	60.7	59.4	33.6
Loss (gain) on sale of assets		4.7
Interest expense, net [+]	17.8	8.7	0.3
Interest expense	18.2	9.2	0.8
Interest income	0.4	0.5	0.5
Other income (expense), net	9.1	2.1	8.0
Pre-tax income	-109.9	-87.8	-11.3
Income taxes	26.1	2.6	44.0
Minority interest		0.8	-2.4
Net income	-136.7	-91.8	-52.9
Net margin	-17.6%	-11.0%	-5.8%

Basic EPS [+]	($3.28)	($2.21)	($1.27)
Growth	48.2%	73.5%
Diluted EPS [+]	($3.28)	($2.21)	($1.27)
Growth	48.2%	73.5%

Shares outstanding (basic) [+]	41.7	41.5	41.5
Growth	0.5%	0.0%
Shares outstanding (diluted) [+]	41.7	41.5	41.5
Growth	0.5%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.