Polypore International, Inc. (PPO) [Rocket]

In millions, except per share items	Jan-03-15	Dec-28-13	Dec-29-12	Dec-31-11	Jan-01-11	Jan-02-10	Jan-03-09	Dec-29-07
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Energy storage	450.0	442.2	466.4	495.5	445.8	367.6	450.2	379.4
Transportation and industrial	323.2	311.9	299.0	294.5	314.7	281.5
United States	241.5	232.4	207.2	251.9	231.9	165.4	222.1	185.3
Separations media	208.3	194.1	182.3	190.2	170.9	149.3	160.3	155.3
Total revenues	658.4	636.3	648.7	685.7	616.6	516.9	610.5	534.7
Revenue growth [+]	3.5%	-1.9%	-5.4%	11.2%	19.3%	-15.3%	14.2%	11.8%
Energy storage	1.8%	-5.2%	-5.9%	11.2%	21.3%	-18.3%	18.7%	11.1%
Transportation and industrial	3.6%	4.3%	1.5%	-6.4%	11.8%
United States	3.9%	12.2%	-17.7%	8.6%	40.2%	-25.6%	19.9%	3.0%
Separations media	7.3%	6.5%	-4.2%	11.3%	14.5%	-6.9%	3.2%	13.6%
Germany	4.7%	7.9%	-3.1%	10.4%	3.7%	-2.8%	1.5%	14.9%
Cost of goods sold	428.3	415.6	403.5	386.2	369.8	321.1	397.2	337.7
Gross profit	230.0	220.7	245.2	299.5	246.9	195.8	213.3	197.0
Gross margin	34.9%	34.7%	37.8%	43.7%	40.0%	37.9%	34.9%	36.8%
Selling, general and administrative	145.2	132.8	121.5	129.8	113.9	100.4	108.3	93.6
Other operating expenses					3.3		-2.4
EBITDA [+]	140.0	144.2	179.4	221.0	177.5	146.8	162.5	152.2
EBITDA growth	-2.9%	-19.6%	-18.8%	24.5%	20.9%	-9.6%	6.7%	8.5%
EBITDA margin	21.3%	22.7%	27.7%	32.2%	28.8%	28.4%	26.6%	28.5%
Depreciation	44.1	44.8	42.3	34.8	31.5	34.6	36.5	31.3
EBITA	95.9	99.4	137.1	186.2	146.0	112.2	126.0	120.9
EBITA margin	14.6%	15.6%	21.1%	27.2%	23.7%	21.7%	20.6%	22.6%
Amortization of intangibles	11.1	11.5	13.3	16.5	16.4	16.8	18.6	17.5
EBIT [+]	84.8	87.9	123.8	169.7	129.6	95.4	107.4	103.4
EBIT growth	-3.6%	-28.9%	-27.1%	30.9%	35.9%	-11.2%	3.9%	29.2%
EBIT margin	12.9%	13.8%	19.1%	24.7%	21.0%	18.5%	17.6%	19.3%
Non-recurring items [+]					-3.3	152.8	59.9	-0.9
Asset impairment						131.5
Loss (gain) on disposal of assets					-3.3
Interest expense	22.0	39.5	36.0	34.4	46.7	57.1	60.7	81.0
Interest expense	22.0	39.5	36.0	34.4	46.7	57.1	60.7	81.0
Other income (expense), net [+]	-16.9	-0.1	-2.6	2.0	2.4	0.7	2.5	-38.9
Gain (loss) on debt retirement	24.9		2.5		2.3
Other	-9.2	0.1	0.1	-2.0	-1.3	-0.7
Pre-tax income	45.9	48.4	85.1	137.2	88.6	-113.8	-10.7	-15.6
Income taxes	9.7	14.3	25.3	46.1	25.0	3.5	6.8	-16.0
Tax rate	21.2%	29.5%	29.7%	33.6%	28.2%			102.9%
Minority interest	1.6	0.6	-0.2
Earnings from continuing ops	70.7	33.5	60.1	91.2	63.6	-117.3	-17.5	0.4
Earnings from discontinued ops	-0.7	48.2	10.9				2.4	0.1
Net income	70.1	81.6	71.0	105.2	63.6	-117.3	-15.2	0.5
Net margin	10.6%	12.8%	10.9%	15.3%	10.3%	-22.7%	-2.5%	0.1%

Basic EPS [+]	$1.58	$0.73	$1.29	$1.97	$1.43	($2.64)	($0.41)	$0.01
Growth	115.3%	-43.2%	-34.6%	38.4%	-154.0%	544.4%	-3123.0%	-101.2%
Diluted EPS [+]	$1.56	$0.72	$1.27	$1.93	$1.39	($2.64)	($0.41)	$0.01
Growth	115.4%	-43.1%	-34.3%	39.2%	-152.6%	544.4%	-3150.0%	-101.2%

Shares outstanding (basic) [+]	44.8	45.6	46.5	46.2	44.6	44.4	42.8	32.9
Growth	-1.8%	-2.0%	0.8%	3.6%	0.4%	3.8%	29.9%	30.1%
Shares outstanding (diluted) [+]	45.4	46.2	47.2	47.1	45.7	44.4	42.8	33.2
Growth	-1.9%	-2.1%	0.2%	3.0%	3.1%	3.8%	28.7%	31.3%

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