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 | 699.8 | 724.1 | 742.0 | 1,169.8 | 1,242.8 | 1,334.7 | 1,494.6 | 1,535.2 |
Revenue growth | -3.4% | -2.4% | -36.6% | -5.9% | -6.9% | -10.7% | -2.6% | 11.5% |
Cost of goods sold | 331.3 | 352.3 | 318.4 | 385.2 | 411.9 | 439.4 | 459.5 | 1,492.0 |
Gross profit | 368.5 | 371.8 | 423.6 | 784.6 | 830.9 | 895.3 | 1,035.1 | 43.2 |
Gross margin | 52.7% | 51.3% | 57.1% | 67.1% | 66.9% | 67.1% | 69.3% | 2.8% |
Sales and marketing | 142.8 | 173.5 | 200.8 | | 481.9 | 533.2 | 600.1 | 637.7 |
General and administrative | 113.7 | 85.8 | 109.1 | 115.6 | 359.8 | 325.5 | 314.8 | 338.9 |
EBITA | 69.4 | 74.5 | 70.1 | 128.7 | 127.9 | 90.7 | 99.8 | 236.2 |
EBITA margin | 9.9% | 10.3% | 9.4% | 11.0% | 10.3% | 6.8% | 6.7% | 15.4% |
Amortization of intangibles | 9.9 | 8.2 | 12.8 | | 61.5 | | | 186.8 |
EBIT | 59.5 | 66.3 | 57.3 | 128.7 | 66.4 | 90.7 | 99.8 | 49.4 |
EBIT margin | 8.5% | 9.2% | 7.7% | 11.0% | 5.3% | 6.8% | 6.7% | 3.2% |
Pre-tax income | -171.5 | -73.1 | -16.9 | 130.0 | -466.7 | -121.5 | -128.7 | -150.8 |
Income taxes | -27.0 | -27.2 | 3.4 | -5.9 | -38.5 | 13.6 | 10.2 | 5.2 |
Tax rate | 15.7% | 37.2% | | | 8.2% | | | |
Earnings from continuing ops | -145.7 | -92.6 | -41.2 | 135.9 | -428.7 | -135.5 | -139.6 | -156.9 |
Earnings from discontinued ops | 447.8 | 21.5 | 36.6 | | | | | |
Net income | 302.1 | -71.1 | -4.6 | 135.9 | -428.7 | -135.5 | -139.6 | -156.9 |
Net margin | 43.2% | -9.8% | -0.6% | 11.6% | -34.5% | -10.2% | -9.3% | -10.2% |
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Diluted EPS | ($10.69) | ($7.77) | ($4.52) | $1,429.47 | ($5.05) | ($1.60) | ($139.60) | ($156.90) |
Shares outstanding (diluted) | 13.6 | 11.9 | 9.1 | 0.1 | 84.9 | 84.7 | 1.0 | 1.0 |
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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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