Financial Summary (All financials)
In millions, except per share items | May-31-14 | May-31-13 | May-31-12 | May-31-11 | May-31-10 | May-31-09 | May-31-08 | May-12-08 |
Revenues | 3,223.4 | 3,052.9 | 2,838.1 | 2,732.2 | 2,698.0 | 2,504.1 | 2,134.5 | 2,134.5 |
Revenue growth | 5.6% | 7.6% | 3.9% | 1.3% | 7.7% | 17.3% | 1.3% | |
Cost of goods sold | 1,040.2 | 873.4 | 775.5 | 838.7 | 819.9 | 828.4 | 814.7 | 814.7 |
Gross profit | 2,183.2 | 2,179.5 | 2,062.6 | 1,893.5 | 1,878.1 | 1,675.7 | 1,319.8 | 1,319.8 |
Gross margin | 67.7% | 71.4% | 72.7% | 69.3% | 69.6% | 66.9% | 61.8% | 61.8% |
Selling, general and administrative | 1,393.2 | 1,312.5 | 1,172.2 | 1,041.7 | 1,042.3 | 1,003.6 | 1,097.6 | 1,097.6 |
Research and development | 169.6 | 150.3 | 126.8 | 119.4 | 106.6 | 93.5 | 82.2 | 82.2 |
EBITA | 620.4 | 716.7 | 763.6 | 732.4 | 729.2 | 578.6 | 140.0 | 140.0 |
EBITA margin | 19.2% | 23.5% | 26.9% | 26.8% | 27.0% | 23.1% | 6.6% | 6.6% |
Amortization of intangibles | 307.2 | 313.8 | 327.2 | 367.9 | 372.6 | 375.8 | 329.3 | 329.3 |
EBIT | 313.2 | 402.9 | 436.4 | 364.5 | 356.6 | 202.8 | -189.3 | -189.3 |
EBIT margin | 9.7% | 13.2% | 15.4% | 13.3% | 13.2% | 8.1% | -8.9% | -8.9% |
Pre-tax income | -39.9 | -741.1 | -590.8 | -1,064.6 | -141.7 | -920.4 | -1,194.3 | -1,194.3 |
Income taxes | -115.8 | -117.7 | -132.0 | -214.8 | -94.1 | -171.2 | 0.0 | -230.1 |
Tax rate | 290.2% | 15.9% | 22.3% | 20.2% | 66.4% | 18.6% | 0.0% | 19.3% |
Net income | 75.9 | -623.4 | -458.8 | -849.8 | -47.6 | -749.2 | 0.0 | -964.2 |
Net margin | 2.4% | -20.4% | -16.2% | -31.1% | -1.8% | -29.9% | 0.0% | -45.2% |
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Diluted EPS | | | ($48.90) | ($282.40) | | | | |
Shares outstanding (diluted) | | | 9.4 | 3.0 | | | | |
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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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