Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 399.1 | 336.5 | 216.2 | 297.9 | 279.3 | 298.7 | 243.5 | 190.6 |
Revenue growth | 18.6% | 55.6% | -27.4% | 6.7% | -6.5% | 22.7% | 27.8% | 76.5% |
Cost of goods sold | 374.8 | 332.7 | 196.9 | 208.2 | 192.9 | 199.2 | 159.7 | 134.0 |
Gross profit | 24.3 | 3.7 | 19.3 | 89.7 | 86.3 | 99.5 | 83.8 | 56.6 |
Gross margin | 6.1% | 1.1% | 8.9% | 30.1% | 30.9% | 33.3% | 34.4% | 29.7% |
Selling, general and administrative | 16.4 | 11.4 | 6.1 | 7.1 | | | | |
Sales and marketing | | | | | 59.9 | 85.7 | 59.2 | 41.4 |
EBITA | 24.3 | 3.7 | 19.3 | 23.2 | 26.5 | 13.8 | 24.6 | 15.2 |
EBITA margin | 6.1% | 1.1% | 8.9% | 7.8% | 9.5% | 4.6% | 10.1% | 8.0% |
Amortization of intangibles | 12.1 | 11.4 | 6.1 | 7.1 | 7.7 | 24.7 | 21.4 | 13.4 |
EBIT | 12.2 | -7.7 | 13.2 | 16.1 | 18.8 | -10.8 | 3.2 | 1.8 |
EBIT margin | 3.1% | -2.3% | 6.1% | 5.4% | 6.7% | -3.6% | 1.3% | 1.0% |
Pre-tax income | -27.0 | -24.3 | 3.8 | 5.9 | 9.9 | -20.6 | 0.9 | 0.8 |
Income taxes | -4.7 | -10.9 | 2.5 | 35.8 | 3.4 | -9.4 | -0.1 | 0.2 |
Tax rate | 17.5% | 44.8% | 64.5% | 609.4% | 33.7% | 45.6% | | 29.0% |
Earnings from continuing ops | -22.3 | -13.4 | 1.4 | -29.9 | 6.6 | -11.2 | 1.0 | 0.5 |
Earnings from discontinued ops | | | -27.6 | -28.7 | -20.1 | | | |
Net income | -22.3 | -13.4 | -26.2 | -58.6 | -13.5 | -11.2 | 1.0 | 0.5 |
Net margin | -5.6% | -4.0% | -12.1% | -19.7% | -4.8% | -3.8% | 0.4% | 0.3% |
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Diluted EPS | ($0.45) | ($0.27) | $0.03 | ($0.77) | $0.17 | ($0.31) | $0.03 | $0.02 |
Shares outstanding (diluted) | 49.8 | 48.9 | 41.0 | 38.7 | 39.8 | 36.6 | 31.2 | 28.9 |
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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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