Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 8.1 | 8.0 | 7.3 | 26.3 | 62.6 | 70.5 | 74.9 | 78.1 |
Revenue growth | 2.3% | 9.5% | -72.3% | -58.1% | -11.1% | -5.9% | -4.1% | 8.5% |
Cost of goods sold | 10.8 | 10.5 | 10.3 | 11.0 | 9.4 | 9.5 | 8.4 | 8.7 |
Gross profit | -2.7 | -2.5 | -3.0 | 15.3 | 53.2 | 61.0 | 66.5 | 69.4 |
Gross margin | -32.7% | -31.9% | -41.6% | 58.1% | 85.0% | 86.6% | 88.8% | 88.9% |
Selling, general and administrative | | | | | | | | |
Sales and marketing | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.6 | 0.5 | 0.5 |
General and administrative | 1.0 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 |
EBIT | -14.9 | -13.6 | -14.1 | -12.8 | 47.6 | 54.9 | 61.3 | 64.3 |
EBIT margin | -182.9% | -170.9% | -194.4% | -48.6% | 76.0% | 77.9% | 81.8% | 82.3% |
Pre-tax income | 0.3 | 0.4 | 0.0 | 1.2 | 0.3 | -1.1 | 0.0 | 1.0 |
Income taxes | -0.3 | -0.3 | -0.3 | 0.0 | -0.2 | -0.8 | -0.8 | -0.2 |
Tax rate | | | | 1.8% | | 75.4% | 1952.5% | |
Net income | 0.6 | 0.7 | 0.3 | 1.1 | 0.6 | -0.3 | 0.7 | 1.2 |
Net margin | 7.0% | 8.3% | 4.5% | 4.3% | 0.9% | -0.4% | 1.0% | 1.5% |
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Diluted EPS | $0.19 | $0.22 | $0.11 | $0.38 | $0.19 | ($0.09) | $0.25 | $0.39 |
Shares outstanding (diluted) | 3.0 | 3.0 | 3.0 | 3.0 | 2.9 | 2.9 | 3.0 | 3.0 |
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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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