Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 106.2 | 102.8 | 97.7 | 99.1 | 97.4 | 90.8 | 84.8 | 79.2 |
Revenue growth | 3.3% | 5.2% | -1.4% | 1.8% | 7.3% | 7.1% | 7.0% | |
Cost of goods sold | 47.5 | 45.7 | 43.2 | 46.8 | 45.6 | 41.7 | 38.9 | 35.9 |
Gross profit | 58.7 | 57.2 | 54.6 | 52.3 | 51.8 | 49.1 | 45.9 | 43.4 |
Gross margin | 55.3% | 55.6% | 55.8% | 52.7% | 53.2% | 54.1% | 54.2% | 54.7% |
Selling, general and administrative | 34.3 | 34.1 | 33.0 | 32.5 | 31.0 | 25.6 | 22.1 | 22.2 |
EBIT | 24.4 | 23.0 | 21.5 | 19.8 | 20.8 | 23.5 | 23.8 | 21.1 |
EBIT margin | 22.9% | 22.4% | 22.0% | 19.9% | 21.3% | 25.9% | 28.1% | 26.7% |
Pre-tax income | 25.2 | 22.8 | 20.7 | 18.9 | 19.6 | 23.5 | 24.3 | 21.3 |
Income taxes | 8.7 | 7.9 | 7.3 | 6.7 | 6.7 | 8.7 | 9.0 | 8.1 |
Tax rate | 34.6% | 34.5% | 35.0% | 35.5% | 34.0% | 37.1% | 36.9% | 38.3% |
Earnings from continuing ops | 16.5 | 14.9 | 13.5 | 12.2 | 12.9 | 14.8 | 15.3 | 13.1 |
Earnings from discontinued ops | | | | | | | | 13.9 |
Net income | 16.5 | 14.9 | 13.5 | 12.2 | 12.9 | 14.8 | 15.3 | 27.1 |
Net margin | 15.5% | 14.5% | 13.8% | 12.3% | 13.3% | 16.3% | 18.1% | 34.2% |
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Diluted EPS | $2.05 | $1.86 | $1.69 | $1.51 | $1.44 | $1.61 | $1.65 | $1.40 |
Shares outstanding (diluted) | 8.0 | 8.0 | 8.0 | 8.1 | 9.0 | 9.2 | 9.3 | 9.4 |
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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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