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KINETIC CONCEPTS INC (KCI)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    TSS      87.8120.9  
    Other      1,283.81,087.7  
Total revenues  2,017.81,992.61,877.91,609.91,371.61,208.6992.6763.8
            Revenue growth   [+]1.3%6.1%16.6%17.4%13.5%21.8%30.0%31.6%
Cost of goods sold  250.3244.8218.5145.6120.5115.191.064.1
Gross profit  1,767.51,747.91,659.41,464.31,251.11,093.5901.7699.7
            Gross margin  87.6%87.7%88.4%91.0%91.2%90.5%90.8%91.6%
Selling, general and administrative  568.2532.3455.4368.9298.1253.9212.8175.6
Research and development  90.392.175.850.536.730.631.323.0
EBITDA   [+]602.8598.3543.7466.1392.6349.9248.6126.8
            EBITDA margin  29.9%30.0%29.0%29.0%28.6%28.9%25.0%16.6%
Depreciation and amortization  119.0115.2108.693.883.468.960.946.9
EBITA  483.8483.1435.1372.3309.2281.0187.779.9
            EBITA margin  24.0%24.2%23.2%23.1%22.5%23.3%18.9%10.5%
Amortization of intangibles  37.440.625.0     
EBIT   [+]446.4442.5410.1372.3309.2281.0187.779.9
            EBIT margin  22.1%22.2%21.8%23.1%22.5%23.3%18.9%10.5%
Non-recurring items   [+]  61.6  72.0 -75.0
Interest expense, net   [+]86.2104.174.719.920.325.244.652.1
Other income (expense), net   [+]-4.5-4.01.35.53.11.26.58.6
Pre-tax income  355.7334.4275.2358.0292.0185.1149.6111.4
Income taxes  99.6105.7108.7120.896.662.953.141.8
            Tax rate  28.0%31.6%39.5%33.7%33.1%34.0%35.5%37.5%
Net income  256.1228.7166.4237.1195.5122.20.00.1
            Net margin  12.7%11.5%8.9%14.7%14.3%10.1%0.0%0.0%
   
Basic EPS   [+]$3.61$3.26$2.33$3.34$2.76$1.76$0.49$1.03
Diluted EPS   [+]$3.57$3.24$2.32$3.31$2.69$1.67$0.45$0.93
   
Shares outstanding (basic)   [+]70.970.171.571.070.769.40.10.1
Shares outstanding (diluted)   [+]71.770.571.871.772.773.00.10.1
   
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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