Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Feb-28-12 | Jan-24-12 |
Revenues | 2,087.2 | 1,796.5 | 1,406.0 | 1,104.1 | 894.8 | 572.5 | -38.3 | -8.1 |
Revenue growth | 16.2% | 27.8% | 27.4% | 23.4% | 56.3% | | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 900.2 | -30.7 | -25.6 | 0.0 | 0.0 |
Gross profit | 2,087.2 | 1,796.5 | 1,406.0 | 203.9 | 925.5 | 598.1 | -38.3 | -8.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 18.5% | 103.4% | 104.5% | 100.0% | 100.0% |
Selling, general and administrative | | | | | | | | |
Sales and marketing | 114.5 | 86.2 | 72.5 | 61.5 | 45.9 | 26.1 | 13.9 | 1.9 |
General and administrative | 119.3 | 90.2 | 73.4 | 59.2 | 54.6 | 40.8 | 26.1 | 3.3 |
EBITA | 145.9 | 141.6 | 99.6 | 84.4 | 83.7 | 57.7 | 4.7 | -2.7 |
EBITA margin | 7.0% | 7.9% | 7.1% | 7.6% | 9.4% | 10.1% | -12.2% | 33.1% |
Amortization of intangibles | | | | 1.0 | 1.8 | 1.9 | | |
EBIT | 145.9 | 141.6 | 99.6 | 83.5 | 81.9 | 55.9 | 4.7 | -2.7 |
EBIT margin | 7.0% | 7.9% | 7.1% | 7.6% | 9.1% | 9.8% | -12.2% | 33.1% |
Pre-tax income | 145.8 | 120.7 | 102.8 | 87.1 | 78.3 | 53.8 | -6.9 | 228.5 |
Income taxes | -30.6 | -62.9 | -34.9 | -26.8 | 23.8 | 82.3 | 0.0 | 0.0 |
Tax rate | | | | | 30.4% | 153.1% | 0.0% | 0.0% |
Net income | 91.6 | 48.1 | 59.7 | 57.3 | 44.6 | 127.6 | -11.6 | 228.4 |
Net margin | 4.4% | 2.7% | 4.2% | 5.2% | 5.0% | 22.3% | 30.3% | -2813.6% |
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Diluted EPS | $2.32 | $1.24 | $1.55 | $1.48 | $1.34 | $4.95 | ($0.93) | $228,383.00 |
Shares outstanding (diluted) | 39.4 | 38.7 | 38.5 | 38.8 | 33.2 | 25.8 | 12.5 | 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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