In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Jan-31-13 | Dec-31-12 | Jan-31-12 | Dec-31-11 |
Revenues | 37.0 | 37.6 | 40.6 | 0.0 | 42.5 | 0.0 | 40.8 | 0.0 |
Revenue growth | -1.5% | -7.4% | 101532.0% | | 4.2% | | 2.8% | |
Cost of goods sold | 15.9 | 15.5 | 36.6 | 0.0 | 18.4 | 1.3 | 17.2 | 0.0 |
Gross profit | 21.1 | 22.1 | 4.0 | 0.0 | 24.1 | -1.3 | 23.6 | 0.0 |
Gross margin | 57.1% | 58.8% | 9.9% | 40.9% | 56.6% | | 57.9% | |
Sales and marketing | 9.0 | 8.5 | 9.1 | 0.0 | 7.8 | | 7.5 | |
Research and development | 2.7 | 2.6 | 3.3 | 0.0 | 2.1 | | 2.0 | |
General and administrative | 11.2 | 12.5 | 16.1 | 0.0 | 7.3 | 0.6 | 6.7 | 0.4 |
EBITA | -4.9 | -2.4 | -7.3 | 0.0 | 5.8 | -1.9 | 6.9 | -0.4 |
EBITA margin | -13.2% | -6.4% | -17.9% | -40.1% | 13.6% | | 17.0% | |
Amortization of intangibles | | 2.2 | 2.5 | 0.0 | | | 0.9 | |
EBIT | -4.9 | -4.6 | -9.8 | 0.0 | 5.8 | -1.9 | 6.1 | -0.4 |
EBIT margin | -13.2% | -12.3% | -24.0% | -53.6% | 13.6% | | 14.8% | |
Pre-tax income | -5.1 | -4.4 | -10.0 | 0.0 | 5.4 | -1.2 | 5.8 | 0.2 |
Income taxes | 0.1 | 0.1 | 0.1 | 0.0 | 1.9 | 0.0 | 1.9 | 0.0 |
Tax rate | | | | 15.7% | 34.8% | 0.0% | 32.8% | 0.0% |
Earnings from continuing ops | -5.2 | -4.5 | -6.1 | -0.1 | 3.5 | -1.2 | 3.9 | 0.2 |
Earnings from discontinued ops | | -0.3 | -4.0 | | | | | |
Net income | -5.2 | -4.8 | -10.1 | -0.1 | 3.5 | -1.2 | 3.9 | 0.2 |
Net margin | -14.0% | -12.7% | -24.8% | -181.5% | 8.2% | | 9.6% | |
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Diluted EPS | ($0.47) | ($0.49) | ($0.22) | ($5.96) | $3.22 | ($0.47) | $3.63 | $0.10 |
Shares outstanding (diluted) | 11.2 | 9.2 | 27.9 | 0.0 | 1.1 | 2.6 | 1.1 | 2.3 |
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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. |