| In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
| | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K/A | 10-K/A | 10-K/A |
| Revenues: |
| Dairy products | | | | | 193.2 | 163.9 | | |
| Dairy farms | | | | | 0.1 | | | |
| Total revenues | 267.9 | 292.9 | 256.6 | 269.2 | 193.2 | 163.9 | 115.1 | 68.2 |
| Revenue growth [+] | -8.6% | 14.2% | -4.7% | 39.4% | 17.9% | 42.4% | 68.7% | 80.6% |
| Dairy products | | | | | 17.9% | | | |
| Cost of goods sold | 0.0 | 180.6 | 157.3 | 140.5 | 117.2 | 91.4 | 65.2 | 37.9 |
| Gross profit | 267.9 | 112.3 | 99.3 | 128.7 | 76.0 | 72.5 | 49.9 | 30.3 |
| Gross margin | 100.0% | 38.3% | 38.7% | 47.8% | 39.3% | 44.2% | 43.4% | 44.5% |
| Selling, general and administrative [+] | 124.6 | 105.0 | 120.6 | 124.5 | 69.7 | 54.6 | 33.7 | 20.4 |
| Sales and marketing | 103.0 | 79.0 | 99.3 | 105.0 | 50.7 | 40.7 | 28.1 | 17.6 |
| General and administrative | 21.6 | 26.0 | 21.3 | 19.5 | 19.0 | 13.8 | 5.6 | 2.7 |
| Other operating expenses | 129.2 | -3.8 | 0.5 | -1.9 | -0.2 | | | |
| EBITDA [+] | 22.6 | 18.0 | -16.0 | 11.5 | 11.8 | 20.8 | 18.5 | 10.9 |
| EBITDA growth | 25.6% | -212.1% | -239.3% | -2.2% | -43.6% | 12.5% | 69.9% | 126.3% |
| EBITDA margin | 8.4% | 6.1% | -6.2% | 4.3% | 6.1% | 12.7% | 16.1% | 16.0% |
| Depreciation | 8.4 | 6.7 | 5.6 | 5.1 | 5.3 | 2.9 | 2.3 | 0.9 |
| EBITA | 14.1 | 11.3 | -21.6 | 6.4 | 6.5 | 17.9 | 16.3 | 10.0 |
| EBITA margin | 5.3% | 3.8% | -8.4% | 2.4% | 3.3% | 10.9% | 14.1% | 14.6% |
| Amortization of intangibles | | 0.2 | 0.2 | 0.3 | | | | |
| EBIT [+] | 14.1 | 11.1 | -21.8 | 6.2 | 6.5 | 17.9 | 16.3 | 10.0 |
| EBIT growth | 27.0% | -150.9% | -454.8% | -4.8% | -63.9% | 10.1% | 63.3% | 118.5% |
| EBIT margin | 5.3% | 3.8% | -8.5% | 2.3% | 3.3% | 10.9% | 14.1% | 14.6% |
| Non-recurring items [+] | -4.3 | 1.5 | 1.5 | 0.9 | | | | |
| Asset impairment | | 1.0 | 1.4 | 0.9 | | | | |
| Loss (gain) on sale of assets | -4.3 | 0.5 | 0.0 | | | | | |
| Interest expense, net [+] | 3.9 | 4.2 | 2.0 | 5.8 | 18.3 | 13.0 | 1.3 | 0.4 |
| Interest expense | 3.9 | 4.2 | 2.0 | 6.1 | 18.8 | 13.4 | 1.5 | 0.5 |
| Interest income | | | | 0.3 | 0.6 | 0.4 | 0.2 | 0.0 |
| Other income (expense), net [+] | 10.7 | 9.3 | 21.6 | 18.9 | 25.9 | 0.8 | -14.9 | -9.5 |
| Amortization of debt discount premium | | | -0.4 | | | | | |
| Other | | | -0.4 | -21.2 | | | | |
| Pre-tax income | 25.2 | 14.6 | -3.7 | 18.3 | 14.1 | 5.7 | 0.0 | 0.0 |
| Income taxes | 4.1 | 10.0 | -0.3 | -0.7 | 3.6 | 5.7 | 4.9 | 2.8 |
| Tax rate | 16.1% | 68.4% | 7.6% | | 25.2% | 100.0% | | |
| Minority interest | 0.0 | -0.1 | 0.3 | | 0.0 | 0.0 | 0.0 | 0.0 |
| Earnings from continuing ops | 21.2 | -0.2 | -10.7 | 19.0 | 10.6 | 0.0 | | |
| Earnings from discontinued ops | | | | 0.6 | 6.5 | | | |
| Net income | 21.2 | -0.2 | -10.7 | 19.6 | 17.0 | 0.0 | 0.0 | 0.0 |
| Net margin | 7.9% | -0.1% | -4.2% | 7.3% | 8.8% | 0.0% | 0.0% | 0.0% |
| |
| Basic EPS [+] | $1.07 | ($0.01) | ($0.54) | $1.04 | | $0.00 | | |
| Growth | -12734.6% | -98.4% | -152.2% | | | | | |
| Diluted EPS [+] | $1.07 | ($0.01) | ($0.54) | $0.98 | | $0.00 | | |
| Growth | -12734.6% | -98.4% | -155.5% | | | | | |
| |
| Shares outstanding (basic) [+] | 19.8 | 19.7 | 19.6 | 18.3 | | 16,327.6 | | |
| Growth | 0.3% | 0.2% | 7.5% | | | | | |
| Shares outstanding (diluted) [+] | 19.8 | 19.7 | 19.6 | 19.4 | | 17,697.0 | | |
| Growth | 0.3% | 0.2% | 1.0% | | | | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |