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 | 1,571.9 | 1,382.5 | 1,319.0 | 1,796.1 | 1,838.1 | 1,966.5 | 1,925.8 | 2,053.7 |
Revenue growth | 13.7% | 4.8% | -26.6% | -2.3% | -6.5% | 2.1% | -6.2% | 19.3% |
Cost of goods sold | 1,378.0 | 1,193.3 | 1,144.9 | 1,578.2 | 1,622.3 | 1,736.2 | 1,729.5 | 1,851.9 |
Gross profit | 193.9 | 189.2 | 174.1 | 217.9 | 215.8 | 230.3 | 196.3 | 201.8 |
Gross margin | 12.3% | 13.7% | 13.2% | 12.1% | 11.7% | 11.7% | 10.2% | 9.8% |
Selling, general and administrative | 89.5 | 87.8 | 102.1 | 124.5 | 123.6 | 132.8 | 133.2 | 151.6 |
EBITA | 104.4 | 101.4 | 72.1 | 93.4 | 80.8 | 76.9 | 52.4 | 47.6 |
EBITA margin | 6.6% | 7.3% | 5.5% | 5.2% | 4.4% | 3.9% | 2.7% | 2.3% |
Amortization of intangibles | 0.4 | 0.4 | 0.4 | 0.2 | 1.2 | 2.8 | 4.6 | 4.6 |
EBIT | 103.9 | 101.0 | 71.6 | 93.2 | 79.6 | 74.1 | 47.8 | 43.0 |
EBIT margin | 6.6% | 7.3% | 5.4% | 5.2% | 4.3% | 3.8% | 2.5% | 2.1% |
Pre-tax income | 78.4 | 83.8 | 22.5 | 61.6 | 48.5 | -25.6 | -6.8 | -11.8 |
Income taxes | 1.3 | 44.1 | 8.8 | -123.8 | 7.3 | 0.2 | 13.8 | 13.3 |
Tax rate | 1.6% | 52.6% | 39.0% | | 15.1% | | | |
Earnings from continuing ops | 154.2 | 39.6 | 13.0 | 183.7 | 76.8 | -56.9 | -27.6 | -55.3 |
Earnings from discontinued ops | -28.2 | 8.0 | 25.6 | 10.3 | -14.1 | 10.3 | 45.6 | 6.9 |
Net income | 126.0 | 47.6 | 38.6 | 194.1 | 62.7 | -46.6 | 18.0 | -48.4 |
Net margin | 8.0% | 3.4% | 2.9% | 10.8% | 3.4% | -2.4% | 0.9% | -2.4% |
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Diluted EPS | $7.35 | $1.90 | $0.61 | $8.58 | $3.59 | ($2.79) | ($1.37) | ($2.86) |
Shares outstanding (diluted) | 21.0 | 20.8 | 21.2 | 21.4 | 21.4 | 20.4 | 20.1 | 19.4 |
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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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