In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Jan-31-11 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues | 793.5 | 781.9 | 861.5 | 916.3 | 859.0 | 743.9 | 746.0 | |
Revenue growth | 1.5% | -9.2% | -6.0% | 6.7% | 15.5% | -0.3% | | |
Cost of goods sold | 349.7 | 355.4 | 389.2 | 378.1 | 320.8 | 275.3 | 259.5 | |
Gross profit | 443.8 | 426.5 | 472.3 | 538.2 | 538.2 | 468.6 | 486.4 | |
Gross margin | 55.9% | 54.5% | 54.8% | 58.7% | 62.7% | 63.0% | 65.2% | |
Selling, general and administrative [+] | 169.8 | 185.4 | 212.5 | 218.1 | 204.3 | 171.9 | 164.7 | |
Sales and marketing | 69.9 | 70.8 | 76.7 | 77.7 | 75.0 | 68.5 | 63.7 | |
General and administrative | 99.9 | 114.6 | 135.8 | 140.5 | 129.4 | 103.3 | 101.0 | |
Equity in earnings | -0.4 | -0.5 | 0.0 | 0.0 | | | | |
Other operating expenses | 1.9 | -4.6 | 0.9 | 9.1 | 5.9 | 1.2 | | |
EBITDA [+] | 271.7 | 245.3 | 258.9 | 310.9 | 327.9 | 295.5 | 321.7 | |
EBITDA growth | 10.7% | -5.2% | -16.7% | -5.2% | 11.0% | -8.1% | | |
EBITDA margin | 34.2% | 31.4% | 30.1% | 33.9% | 38.2% | 39.7% | 43.1% | |
Depreciation | 128.0 | 129.1 | 128.1 | 120.8 | 103.6 | 82.0 | 77.4 | |
EBITA | 143.7 | 116.2 | 130.8 | 190.2 | 224.3 | 213.5 | 244.4 | |
EBITA margin | 18.1% | 14.9% | 15.2% | 20.8% | 26.1% | 28.7% | 32.8% | |
Amortization of intangibles | 66.6 | 79.0 | 87.1 | 116.8 | 112.6 | 95.3 | 118.8 | |
EBIT [+] | 77.1 | 37.2 | 43.7 | 73.4 | 111.7 | 118.2 | 125.6 | |
EBIT growth | 107.4% | -15.0% | -40.4% | -34.3% | -5.5% | -5.9% | | |
EBIT margin | 9.7% | 4.8% | 5.1% | 8.0% | 13.0% | 15.9% | 16.8% | |
Non-recurring items | 6.2 | 25.2 | 0.5 | 19.8 | 22.1 | 15.8 | 46.8 | |
Interest expense | 132.1 | 122.8 | 122.7 | 122.4 | 125.0 | 108.7 | 113.0 | |
Interest expense | 132.1 | 122.8 | 122.7 | 122.4 | 125.0 | 108.7 | 113.0 | |
Other income (expense), net [+] | -3.5 | 2.9 | -1.1 | -2.6 | -9.2 | -1.7 | -2.4 | |
Gain (loss) on debt retirement | 0.0 | | | | -2.8 | -6.5 | | |
Other non-operating income | | | | | | 0.8 | 0.6 | |
Other | -3.5 | 2.9 | -1.1 | -2.7 | -6.8 | 3.9 | -3.0 | |
Pre-tax income | -64.7 | -108.0 | -80.6 | -71.4 | -44.6 | -8.1 | -36.6 | |
Income taxes | -43.9 | -42.8 | -31.3 | -25.1 | -4.3 | -7.9 | -16.9 | |
Tax rate | 67.9% | 39.6% | 38.8% | 35.1% | 9.7% | 97.6% | 46.3% | |
Minority interest | 3.8 | 2.0 | 1.3 | 1.0 | 1.1 | 3.0 | 1.8 | |
Net income | -24.6 | -67.2 | -50.6 | -48.0 | -46.5 | -3.2 | -21.5 | |
Net margin | -3.1% | -8.6% | -5.9% | -5.2% | -5.4% | -0.4% | -2.9% | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |