Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Jul-01-07 |
Revenues | 2,457.0 | 2,293.0 | 2,214.0 | 3,205.9 | 3,127.4 | 2,977.9 | 3,311.4 | 1,934.4 |
Revenue growth | 7.2% | 3.6% | -30.9% | 2.5% | 5.0% | -10.1% | | |
Cost of goods sold | 1,298.0 | 1,220.0 | 1,196.0 | 1,813.7 | 1,777.3 | 1,691.3 | 2,084.3 | 1,196.3 |
Gross profit | 1,159.0 | 1,073.0 | 1,018.0 | 1,392.2 | 1,350.1 | 1,286.6 | 1,227.1 | 738.1 |
Gross margin | 47.2% | 46.8% | 46.0% | 43.4% | 43.2% | 43.2% | 37.1% | 38.2% |
Selling, general and administrative | 668.0 | 691.0 | 678.0 | 880.5 | 896.0 | 830.7 | 843.3 | 530.7 |
EBITA | 54.0 | -112.0 | -150.0 | -36.0 | 454.1 | 455.9 | 383.9 | 207.5 |
EBITA margin | 2.2% | -4.9% | -6.8% | -1.1% | 14.5% | 15.3% | 11.6% | 10.7% |
Amortization of intangibles | 52.0 | 51.0 | 58.0 | 91.4 | 136.0 | 158.8 | 173.6 | 5.2 |
EBIT | 2.0 | -163.0 | -208.0 | -127.3 | 318.1 | 297.1 | 210.3 | 202.3 |
EBIT margin | 0.1% | -7.1% | -9.4% | -4.0% | 10.2% | 10.0% | 6.3% | 10.5% |
Pre-tax income | 84.0 | 86.0 | -26.0 | 111.7 | 28.4 | -3.1 | -160.2 | 137.4 |
Income taxes | 40.0 | 43.0 | -8.0 | 43.9 | 10.9 | -9.2 | -38.3 | 51.7 |
Tax rate | 47.6% | 50.0% | 30.8% | 39.3% | 38.6% | 300.6% | 23.9% | 37.6% |
Earnings from continuing ops | 43.0 | 42.0 | -18.0 | 67.8 | 17.4 | 6.1 | -121.9 | 85.7 |
Earnings from discontinued ops | | | | | | | -4.5 | -4.6 |
Net income | -57.0 | -507.0 | -714.0 | 40.8 | -14.6 | 13.5 | -126.4 | 81.1 |
Net margin | -2.3% | -22.1% | -32.2% | 1.3% | -0.5% | 0.5% | -3.8% | 4.2% |
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Diluted EPS | $0.38 | $0.46 | ($0.20) | | | | | |
Shares outstanding (diluted) | 113.8 | 92.2 | 91.9 | | | | | |
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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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