Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 2,626.9 | 82.8 | 83.1 |
Revenue growth | 3071.1% | -0.3% | |
Cost of goods sold | 2,029.7 | 61.2 | 62.1 |
Gross profit | 597.2 | 21.6 | 21.0 |
Gross margin | 22.7% | 26.1% | 25.3% |
Sales and marketing | 31.6 | 0.9 | 0.9 |
Research and development | 124.8 | 3.7 | 3.6 |
General and administrative | 107.9 | 3.7 | 2.6 |
EBITA | 341.2 | 623.2 | 609.6 |
EBITA margin | 13.0% | 752.3% | 733.8% |
Amortization of intangibles | 11.9 | 610.2 | 595.5 |
EBIT | 329.3 | 13.0 | 14.1 |
EBIT margin | 12.5% | 15.7% | 17.0% |
Pre-tax income | 360.3 | 10.4 | 14.3 |
Income taxes | 57.6 | 1.4 | 3.1 |
Tax rate | 16.0% | 13.2% | 21.4% |
Net income | 302.7 | 9.0 | 11.2 |
Net margin | 11.5% | 10.9% | 13.5% |
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Diluted EPS | $0.08 | $2.86 | $3.57 |
Shares outstanding (diluted) | 3,783.5 | 3.2 | 3.1 |
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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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