Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Mar-31-16 | Dec-31-15 | Mar-31-15 | Dec-31-14 | Mar-31-14 |
Revenues | 2,503.3 | 2,081.9 | 1,332.2 | 11,742.1 | 1,455.1 | 16,802.1 | 2,122.6 | 9,699.3 |
Revenue growth | 20.2% | 56.3% | -8.4% | -30.1% | -31.4% | 73.2% | 48.7% | 119.6% |
Cost of goods sold | 2,107.9 | 1,769.7 | 1,085.5 | 10,839.0 | 1,204.0 | 15,958.2 | 1,870.0 | 9,132.7 |
Gross profit | 395.4 | 312.3 | 246.6 | 903.1 | 251.1 | 843.9 | 252.6 | 566.6 |
Gross margin | 15.8% | 15.0% | 18.5% | 7.7% | 17.3% | 5.0% | 11.9% | 5.8% |
Sales and marketing | | | | 401.1 | | 364.1 | | 259.8 |
General and administrative | 91.6 | 113.8 | 84.2 | 139.5 | 97.4 | 149.4 | 87.8 | 75.9 |
EBIT | 155.8 | 94.1 | 121.3 | -88.5 | 129.2 | 119.5 | 127.0 | 108.5 |
EBIT margin | 6.2% | 4.5% | 9.1% | -0.8% | 8.9% | 0.7% | 6.0% | 1.1% |
Pre-tax income | -1.0 | -19.5 | 24.5 | -187.5 | 76.3 | 46.6 | 98.6 | 49.7 |
Income taxes | 23.3 | -2.4 | 11.3 | -0.4 | 33.5 | -3.6 | 46.5 | 0.9 |
Tax rate | | 12.2% | 45.9% | 0.2% | 43.9% | | 47.2% | 1.9% |
Earnings from continuing ops | -50.5 | -17.2 | 2.1 | -246.5 | 73.1 | -8.4 | 81.3 | 33.5 |
Earnings from discontinued ops | | | 0.0 | | 0.0 | | 0.0 | |
Net income | -50.5 | -17.2 | 2.1 | -246.5 | 73.1 | -8.4 | 81.3 | 33.5 |
Net margin | -2.0% | -0.8% | 0.2% | -2.1% | 5.0% | 0.0% | 3.8% | 0.3% |
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Diluted EPS | ($0.65) | ($0.24) | $0.04 | | $1.66 | ($0.05) | $1.89 | $0.51 |
Shares outstanding (diluted) | 78.3 | 71.4 | 52.3 | | 44.0 | 167.9 | 43.0 | 65.7 |
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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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