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CAMBREX CORP (CBM)

Income Statement Business | Product | Geographic | Domestic/Foreign | Operational

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]532.1534.5490.6433.3374.6318.2276.5255.7
            Revenue growth  -0.4%8.9%13.2%15.7%17.7%15.1%8.2%12.6%
Cost of goods sold  335.4304.2286.3256.4250.8215.3186.0181.6
Gross profit  196.7230.3204.4177.0123.8102.990.574.1
            Gross margin  37.0%43.1%41.7%40.8%33.0%32.3%32.7%29.0%
Selling, general and administrative  68.569.058.057.952.547.645.239.2
Research and development  15.516.914.312.513.110.49.511.0
Equity in earnings      -4.6-2.3-1.81.6
Other operating expenses  11.1 -0.3 7.2   
EBITDA   [+]139.4176.3157.0128.670.365.255.748.6
            EBITDA margin  26.2%33.0%32.0%29.7%18.8%20.5%20.1%19.0%
Depreciation  32.230.023.721.223.322.221.522.8
EBITA  107.2146.3133.4107.447.042.934.225.7
            EBITA margin  20.1%27.4%27.2%24.8%12.5%13.5%12.4%10.1%
Amortization of intangibles  5.71.91.00.90.50.30.20.3
EBIT   [+]101.5144.4132.4106.646.442.733.925.4
            EBIT margin  19.1%27.0%27.0%24.6%12.4%13.4%12.3%10.0%
Non-recurring items   [+]  2.315.6-1.2-4.7  
Interest expense  4.01.30.71.72.22.22.42.4
Other income (expense), net   [+]12.3-1.3-1.80.30.0-0.1-0.1-3.1
Pre-tax income  109.8141.8127.589.645.545.031.419.9
Income taxes  16.638.140.232.4-12.614.7-31.96.2
            Tax rate  15.1%26.8%31.5%36.2% 32.7% 31.1%
Net income  92.4102.581.757.257.325.962.311.0
            Net margin  17.4%19.2%16.6%13.2%15.3%8.1%22.5%4.3%
   
Basic EPS   [+]$2.80$3.18$2.72$1.82$1.89$1.00$2.13$0.47
Diluted EPS   [+]$2.77$3.10$2.65$1.76$1.84$0.98$2.09$0.46
   
   
Shares outstanding (basic)   [+]33.232.732.131.430.830.229.729.5
Shares outstanding (diluted)   [+]33.733.533.032.631.630.930.329.6
   
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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