Financial Summary (All financials)
In millions, except per share items | Feb-28-17 | Feb-29-16 | Feb-28-15 | Feb-28-14 | Feb-28-13 | Feb-29-12 |
Revenues | 352.6 | 320.2 | 277.4 | 233.8 | 198.9 | 160.9 |
Revenue growth | 10.1% | 15.4% | 18.7% | 17.5% | 23.6% | |
Cost of goods sold | 83.8 | 70.1 | 58.7 | 53.8 | 45.1 | 35.0 |
Gross profit | 268.9 | 250.0 | 218.8 | 180.0 | 153.8 | 126.0 |
Gross margin | 76.2% | 78.1% | 78.9% | 77.0% | 77.3% | 78.3% |
Sales and marketing | 129.7 | 138.3 | 125.5 | 114.0 | 102.3 | 84.9 |
Research and development | 75.1 | 71.3 | 58.7 | 47.1 | 35.2 | 27.8 |
General and administrative | 42.0 | 47.3 | 35.4 | 29.9 | 28.8 | 14.4 |
EBITA | 28.8 | -1.3 | 2.5 | -5.6 | -6.9 | 4.8 |
EBITA margin | 8.2% | -0.4% | 0.9% | -2.4% | -3.5% | 3.0% |
Amortization of intangibles | 7.2 | 5.6 | 3.4 | 5.4 | 5.5 | 6.0 |
EBIT | 21.6 | -6.9 | -0.9 | -11.0 | -12.4 | -1.2 |
EBIT margin | 6.1% | -2.2% | -0.3% | -4.7% | -6.2% | -0.7% |
Pre-tax income | 22.0 | -7.1 | -4.6 | -11.0 | -13.3 | -0.7 |
Income taxes | 11.8 | -2.7 | 62.9 | -6.6 | -5.1 | -0.5 |
Tax rate | 53.5% | 38.1% | | 59.9% | 38.3% | 64.1% |
Net income | 10.2 | -4.4 | -67.5 | -3.6 | -9.2 | 0.5 |
Net margin | 2.9% | -1.4% | -24.3% | -1.6% | -4.6% | 0.3% |
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Diluted EPS | $0.19 | ($0.08) | ($1.30) | ($0.10) | ($0.29) | $0.01 |
Shares outstanding (diluted) | 53.6 | 53.1 | 51.9 | 35.4 | 32.0 | 45.4 |
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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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