Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 1,565.3 | 1,565.1 | 1,459.0 | 1,320.4 | 1,213.9 | 1,160.3 | 1,167.0 | 1,174.8 |
Revenue growth | | 7.3% | 10.5% | 8.8% | 4.6% | -0.6% | -0.7% | |
Cost of goods sold | 884.5 | 852.4 | 785.2 | 741.4 | 689.4 | 654.2 | 647.9 | 550.9 |
Gross profit | 680.8 | 712.7 | 673.8 | 579.0 | 524.5 | 506.1 | 519.1 | 623.9 |
Gross margin | 43.5% | 45.5% | 46.2% | 43.9% | 43.2% | 43.6% | 44.5% | 53.1% |
Selling, general and administrative | 471.6 | 440.1 | 458.1 | 483.1 | 370.1 | 353.8 | 379.1 | 371.1 |
Research and development | 29.2 | 28.6 | 28.1 | 26.1 | 18.8 | 15.0 | 17.9 | 62.8 |
EBIT | -436.4 | 242.5 | 172.1 | 34.5 | 128.9 | 91.6 | 35.9 | 27.6 |
EBIT margin | -27.9% | 15.5% | 11.8% | 2.6% | 10.6% | 7.9% | 3.1% | 2.3% |
Pre-tax income | -135.5 | 259.3 | 173.8 | 41.2 | 150.2 | 173.3 | 93.3 | 123.2 |
Income taxes | -43.1 | 85.7 | 45.9 | 4.3 | 51.4 | 61.8 | 38.0 | 46.6 |
Tax rate | 31.8% | 33.1% | 26.4% | 10.4% | 34.2% | 35.7% | 40.7% | 37.8% |
Earnings from continuing ops | -92.4 | 173.6 | 127.9 | 36.9 | 98.8 | 111.5 | 55.3 | 76.6 |
Earnings from discontinued ops | | | | | | | 5.2 | |
Net income | -92.4 | 173.6 | 127.9 | 36.9 | 98.8 | 111.5 | 60.5 | 97.3 |
Net margin | -5.9% | 11.1% | 8.8% | 2.8% | 8.1% | 9.6% | 5.2% | 8.3% |
|
Diluted EPS | | | $0.86 | $0.24 | $0.66 | $0.75 | $0.37 | $0.52 |
Shares outstanding (diluted) | | | 148.6 | 151.1 | 150.2 | 149.6 | 147.7 | 146.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|