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 | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Products | 469.1 | 380.6 | 373.0 | 319.0 | 245.7 | 180.4 | 94.8 | |
Services | 295.7 | 249.6 | 221.2 | 172.2 | 134.3 | 113.3 | 83.3 | |
Total revenues [+] | 764.8 | 630.2 | 594.2 | 491.2 | 380.0 | 293.7 | 178.1 | 195.6 |
Products | 469.1 | 380.6 | 373.0 | 319.0 | 245.7 | 180.4 | 94.8 | |
Services | 295.7 | 249.6 | 221.2 | 172.2 | 134.3 | 113.3 | 83.3 | |
Net interest income | | | | -0.1 | | | | |
Revenue growth [+] | 21.3% | 6.1% | 21.0% | 29.3% | 29.4% | 64.9% | -9.0% | 10.0% |
Products | 23.2% | 2.0% | 16.9% | 29.8% | 36.2% | 90.3% | | |
Services | 18.4% | 12.9% | 28.5% | 28.2% | 18.6% | 36.0% | | |
Cost of goods sold [+] | 621.3 | 493.4 | 460.3 | 379.2 | 290.4 | 226.0 | 131.6 | 142.9 |
Cost of product sales | 385.6 | 300.9 | 291.7 | 248.3 | 188.4 | 141.0 | 71.3 | |
Cost of services | 235.7 | 192.6 | 168.7 | 130.9 | 101.0 | 84.0 | 60.3 | |
Amortization of intangibles | | | | | 1.1 | 1.1 | | |
Gross profit | 143.4 | 136.8 | 133.9 | 112.0 | 89.6 | 67.6 | 46.4 | 52.7 |
Gross margin | 18.8% | 21.7% | 22.5% | 22.8% | 23.6% | 23.0% | 26.1% | 26.9% |
Selling, general and administrative [+] | 94.9 | 84.1 | 81.6 | 66.8 | 54.2 | 46.4 | 33.4 | 35.3 |
Sales and marketing | 69.1 | 61.9 | 60.8 | 48.6 | 38.7 | 32.4 | 21.4 | 23.4 |
General and administrative | 25.8 | 22.3 | 20.7 | 18.2 | 15.5 | 14.1 | 11.9 | 11.9 |
Other operating expenses | 39.5 | 36.2 | 34.9 | 27.5 | 18.6 | 17.2 | 13.5 | 12.3 |
EBITDA [+] | 19.6 | 25.6 | 26.8 | 23.5 | 20.7 | 7.5 | 1.2 | 6.0 |
EBITDA growth | -23.3% | -4.4% | 13.7% | 14.0% | 174.9% | 510.9% | -79.7% | 168.0% |
EBITDA margin | 2.6% | 4.1% | 4.5% | 4.8% | 5.4% | 2.6% | 0.7% | 3.1% |
Depreciation | 3.2 | 2.7 | 2.1 | 1.6 | 1.0 | 0.9 | 0.8 | 0.3 |
EBITA | 16.4 | 22.9 | 24.7 | 21.9 | 19.6 | 6.6 | 0.4 | 5.8 |
EBITA margin | 2.1% | 3.6% | 4.1% | 4.5% | 5.2% | 2.2% | 0.2% | 3.0% |
Amortization of intangibles | 7.3 | 6.4 | 7.3 | 4.2 | 2.8 | 2.6 | 0.8 | 0.7 |
EBIT [+] | 9.1 | 16.5 | 17.4 | 17.7 | 16.8 | 4.0 | -0.5 | 5.1 |
EBIT growth | -45.1% | -5.2% | -1.8% | 5.5% | 322.1% | -982.0% | -108.9% | 339.8% |
EBIT margin | 1.2% | 2.6% | 2.9% | 3.6% | 4.4% | 1.4% | -0.3% | 2.6% |
Interest income, net [+] | 0.2 | -0.2 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.6 |
Interest expense | 0.3 | 0.3 | 0.2 | 0.1 | | | | |
Interest income | 0.4 | 0.1 | 0.3 | 0.1 | 0.1 | 0.0 | 0.1 | 0.6 |
Other income (expense), net [+] | -0.2 | 1.1 | -0.8 | | 0.0 | | 0.0 | 0.0 |
Acquisition-related costs | 1.0 | 0.6 | 0.1 | 0.4 | 0.5 | 0.6 | 1.0 | |
Other non-ooperating expenses | | | | | 0.0 | | 0.0 | |
Other | -0.2 | 0.2 | -0.2 | | 0.0 | | 0.0 | |
Pre-tax income | 9.0 | 17.4 | 16.7 | 17.7 | 16.8 | 4.0 | -0.4 | 5.6 |
Income taxes | 4.3 | 6.3 | 6.6 | 7.2 | 7.0 | 1.7 | 0.2 | 2.2 |
Tax rate | 47.7% | 36.2% | 39.8% | 40.6% | 41.4% | 42.3% | | 39.7% |
Net income | 4.7 | 11.1 | 10.0 | 10.5 | 9.8 | 2.3 | -0.6 | 3.4 |
Net margin | 0.6% | 1.8% | 1.7% | 2.1% | 2.6% | 0.8% | -0.3% | 1.7% |
|
Basic EPS [+] | $0.21 | $0.51 | $0.53 | $0.62 | $0.62 | $0.18 | ($0.04) | $0.27 |
Growth | -58.3% | -2.6% | -14.5% | -1.2% | 246.4% | -506.6% | -116.1% | 178.3% |
Diluted EPS [+] | $0.21 | $0.50 | $0.52 | $0.60 | $0.61 | $0.18 | ($0.04) | $0.27 |
Growth | -58.2% | -2.4% | -13.9% | -1.4% | 242.4% | -501.0% | -116.3% | 180.9% |
|
Shares outstanding (basic) [+] | 21.9 | 21.6 | 19.1 | 17.1 | 15.8 | 12.8 | 12.6 | 12.4 |
Growth | 1.6% | 13.2% | 11.5% | 8.3% | 23.5% | 2.0% | 1.5% | 1.8% |
Shares outstanding (diluted) [+] | 22.4 | 22.0 | 19.5 | 17.6 | 16.2 | 13.0 | 12.6 | 12.5 |
Growth | 1.5% | 13.1% | 10.8% | 8.5% | 24.9% | 3.4% | 0.4% | 0.8% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |