Financial Summary (All financials)
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 |
Revenues | 124.3 | 276.0 | 335.1 | 307.4 | 422.0 | 445.7 | 300.4 | 201.3 |
Revenue growth | -55.0% | -17.6% | 9.0% | -27.2% | -5.3% | 48.4% | 49.3% | 88.6% |
Cost of goods sold | 94.9 | 105.2 | 99.0 | 476.7 | 223.1 | 252.6 | 190.2 | 117.8 |
Gross profit | 29.4 | 170.8 | 236.1 | -169.3 | 198.9 | 193.1 | 110.3 | 83.5 |
Gross margin | 23.7% | 61.9% | 70.5% | -55.1% | 47.1% | 43.3% | 36.7% | 41.5% |
Selling, general and administrative | | | | | | | | 1.2 |
General and administrative | 35.5 | 39.5 | 42.8 | 42.3 | 62.8 | 50.0 | 31.5 | |
EBIT | -17.5 | 112.7 | 173.2 | -228.5 | 116.1 | 117.8 | 79.1 | 51.1 |
EBIT margin | -14.1% | 40.8% | 51.7% | -74.3% | 27.5% | 26.4% | 26.3% | 25.4% |
Pre-tax income | 130.5 | 107.0 | 171.9 | -229.9 | 115.9 | 124.8 | 82.1 | 52.8 |
Income taxes | 176.1 | 48.4 | 68.2 | 134.3 | 54.8 | 56.8 | 37.3 | 26.7 |
Tax rate | 134.9% | 45.2% | 39.7% | | 47.2% | 45.5% | 45.4% | 50.5% |
Earnings from continuing ops | -45.6 | 58.6 | 103.7 | -364.2 | 61.2 | 66.4 | 43.6 | 28.7 |
Earnings from discontinued ops | | | | | | 1.6 | 1.2 | -2.5 |
Net income | -45.6 | 58.6 | 103.7 | -364.2 | 61.2 | 68.0 | 44.8 | 26.1 |
Net margin | -36.7% | 21.2% | 31.0% | -118.5% | 14.5% | 15.3% | 14.9% | 13.0% |
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Diluted EPS | ($0.77) | $1.00 | $1.96 | ($8.55) | $1.46 | $41,002.53 | $10,888.52 | $7,162.60 |
Shares outstanding (diluted) | 59.3 | 58.3 | 53.0 | 42.6 | 42.0 | 0.0 | 0.0 | 0.0 |
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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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