Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 36.5 | 32.8 | 31.0 | 29.5 | 24.5 | 23.9 | 22.8 | 21.0 |
Revenue growth | 11.4% | 5.8% | 4.9% | 20.6% | 2.6% | 4.5% | 8.9% | -10.5% |
Cost of goods sold | 18.1 | 17.1 | 16.7 | 16.0 | 20.8 | 19.0 | 16.8 | 16.2 |
Gross profit | 18.4 | 15.7 | 14.3 | 13.5 | 3.7 | 4.8 | 6.0 | 4.8 |
Gross margin | 50.3% | 47.8% | 46.1% | 45.8% | 14.9% | 20.2% | 26.5% | 22.8% |
Selling, general and administrative | 4.2 | 4.1 | 4.0 | 3.5 | 0.0 | 0.0 | 0.0 | 0.0 |
EBIT | 10.1 | 8.0 | 7.4 | 7.7 | 3.7 | 4.8 | 6.0 | 4.8 |
EBIT margin | 27.7% | 24.4% | 23.9% | 26.0% | 14.9% | 20.2% | 26.5% | 22.8% |
Pre-tax income | 6.2 | 3.9 | 7.5 | 5.9 | 0.9 | 0.8 | 3.0 | 2.2 |
Income taxes | 2.4 | 1.6 | 2.7 | 2.3 | 0.3 | 0.3 | 1.1 | 0.9 |
Tax rate | 38.8% | 39.6% | 36.7% | 39.2% | 38.0% | 38.0% | 38.5% | 41.0% |
Net income | 3.8 | 2.4 | 4.7 | 3.6 | 0.6 | 0.5 | 1.8 | 1.2 |
Net margin | 10.4% | 7.3% | 15.2% | 12.1% | 2.3% | 2.0% | 8.0% | 5.9% |
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Diluted EPS | $0.80 | $0.55 | $1.11 | $0.84 | $0.14 | $0.13 | $0.57 | $0.39 |
Shares outstanding (diluted) | 4.7 | 4.3 | 4.3 | 4.3 | 4.2 | 3.7 | 3.2 | 3.2 |
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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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