Financial Summary (All financials)
In millions, except per share items | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 576.8 | 551.1 | 526.0 | 501.1 | 532.1 |
Revenue growth | 4.7% | 4.8% | 5.0% | -5.8% | |
Cost of goods sold | 285.0 | 275.3 | 274.1 | 267.2 | 298.7 |
Gross profit | 291.8 | 275.8 | 251.9 | 233.8 | 233.3 |
Gross margin | 50.6% | 50.0% | 47.9% | 46.7% | 43.9% |
Sales and marketing | 123.3 | 113.3 | 101.3 | 96.7 | 96.3 |
Research and development | 59.7 | 58.8 | 59.0 | 50.7 | 53.9 |
General and administrative | 65.2 | 68.8 | 74.3 | 69.9 | 71.5 |
EBITA | 60.4 | 55.4 | 38.2 | 49.3 | 37.3 |
EBITA margin | 10.5% | 10.1% | 7.3% | 9.8% | 7.0% |
Amortization of intangibles | 16.4 | 20.5 | 17.5 | 15.5 | 14.3 |
EBIT | 44.0 | 34.9 | 20.7 | 33.8 | 23.0 |
EBIT margin | 7.6% | 6.3% | 3.9% | 6.7% | 4.3% |
Pre-tax income | 182.0 | 233.9 | 27.0 | 286.9 | 28.9 |
Income taxes | 67.6 | 75.0 | 4.7 | -91.1 | 8.5 |
Tax rate | 37.1% | 32.0% | 17.6% | | 29.4% |
Net income | 114.4 | 159.0 | 22.3 | 377.8 | 19.9 |
Net margin | 19.8% | 28.8% | 4.2% | 75.4% | 3.7% |
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Diluted EPS | $3.58 | $4.37 | $0.47 | $7.47 | $0.39 |
Shares outstanding (diluted) | 31.9 | 36.4 | 47.6 | 50.5 | 51.6 |
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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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