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In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K |
Revenues | 849.8 | 961.8 | 1,072.3 | 1,286.6 | 1,500.0 | 1,596.5 | 1,319.2 | 1,015.3 |
Revenue growth | -11.6% | -10.3% | -16.7% | -14.2% | -6.0% | 21.0% | 29.9% | 16.8% |
Cost of goods sold | 421.8 | 509.0 | 613.6 | 640.2 | 576.6 | 537.9 | 449.8 | 383.8 |
Gross profit | 428.0 | 452.8 | 458.7 | 646.4 | 923.4 | 1,058.7 | 869.4 | 631.6 |
Gross margin | 50.4% | 47.1% | 42.8% | 50.2% | 61.6% | 66.3% | 65.9% | 62.2% |
Selling, general and administrative | 343.7 | 389.1 | 397.5 | 400.9 | 414.2 | 445.1 | 380.6 | 306.1 |
EBITDA [+] | 106.3 | 90.2 | 88.4 | 274.9 | 537.1 | 640.3 | 513.7 | 347.7 |
EBITDA growth | 17.9% | 2.0% | -67.8% | -48.8% | -16.1% | 24.7% | 47.7% | 30.5% |
EBITDA margin | 12.5% | 9.4% | 8.2% | 21.4% | 35.8% | 40.1% | 38.9% | 34.2% |
Depreciation | 21.1 | 25.6 | 27.0 | 29.3 | 27.9 | 26.8 | 24.9 | 22.2 |
EBITA | 85.2 | 64.6 | 61.4 | 245.6 | 509.3 | 613.5 | 488.8 | 325.5 |
EBITA margin | 10.0% | 6.7% | 5.7% | 19.1% | 34.0% | 38.4% | 37.1% | 32.1% |
Amortization of intangibles | 0.9 | 0.9 | 0.2 | 0.0 | | | | |
EBIT [+] | 84.4 | 63.7 | 61.2 | 245.5 | 509.3 | 613.5 | 488.8 | 325.5 |
EBIT growth | 32.4% | 4.1% | -75.1% | -51.8% | -17.0% | 25.5% | 50.2% | 33.9% |
EBIT margin | 9.9% | 6.6% | 5.7% | 19.1% | 34.0% | 38.4% | 37.1% | 32.1% |
Non-recurring items [+] | 5.2 | 2.5 | | 15.2 | | | | |
Asset impairment | 5.2 | 2.5 | | 15.2 | | | | |
Interest expense, net [+] | 39.8 | 37.7 | 25.2 | 2.4 | -1.1 | -0.6 | -2.6 | -1.9 |
Interest expense | 39.8 | 37.8 | 25.3 | 3.7 | 1.8 | 1.9 | 0.7 | 4.6 |
Interest income | 0.1 | 0.1 | 0.1 | 1.3 | 2.9 | 2.5 | 3.3 | 6.5 |
Other income (expense), net | | 16.6 | -73.2 | | | | | |
Pre-tax income | 39.4 | 40.1 | -37.2 | 228.0 | 510.3 | 614.1 | 491.4 | 327.4 |
Income taxes | 16.1 | 16.8 | -10.2 | 89.0 | 201.2 | 240.0 | 191.1 | 125.9 |
Tax rate | 40.9% | 41.9% | 27.4% | 39.0% | 39.4% | 39.1% | 38.9% | 38.4% |
Net income | 23.3 | 23.3 | -27.0 | 139.0 | 309.1 | 374.2 | 300.3 | 201.5 |
Net margin | 2.7% | 2.4% | -2.5% | 10.8% | 20.6% | 23.4% | 22.8% | 19.8% |
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Basic EPS [+] | $0.99 | $0.99 | ($1.15) | $5.82 | $11.27 | $11.28 | $8.01 | $5.18 |
Growth | -0.8% | -186.1% | -119.8% | -48.4% | -0.1% | 40.9% | 54.5% | 37.1% |
Diluted EPS [+] | $0.97 | $0.98 | ($1.15) | $5.79 | $11.18 | $11.17 | $7.91 | $5.13 |
Growth | -1.2% | -185.3% | -119.9% | -48.2% | 0.1% | 41.1% | 54.1% | 37.9% |
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Shares outstanding (basic) [+] | 23.7 | 23.5 | 23.4 | 23.9 | 27.4 | 33.2 | 37.5 | 38.9 |
Growth | 0.8% | 0.3% | -2.0% | -12.9% | -17.3% | -11.5% | -3.6% | -3.4% |
Shares outstanding (diluted) [+] | 24.0 | 23.7 | 23.4 | 24.0 | 27.7 | 33.5 | 37.9 | 39.2 |
Growth | 1.2% | 1.1% | -2.4% | -13.2% | -17.5% | -11.7% | -3.3% | -4.0% |
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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. |
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