Financial Summary (All financials)
| In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| Revenues | 725.2 | 674.3 | 346.3 |
| Revenue growth | 7.6% | 94.7% | |
| Cost of goods sold | 454.4 | 393.6 | 193.9 |
| Gross profit | 270.9 | 280.6 | 152.5 |
| Gross margin | 37.3% | 41.6% | 44.0% |
| Selling, general and administrative | 30.5 | 27.0 | 20.2 |
| Research and development | 139.5 | 117.3 | 58.7 |
| EBITA | 118.8 | 148.4 | 79.7 |
| EBITA margin | 16.4% | 22.0% | 23.0% |
| Amortization of intangibles | 18.5 | 13.2 | 6.3 |
| EBIT | 100.3 | 135.2 | 73.5 |
| EBIT margin | 13.8% | 20.0% | 21.2% |
| Pre-tax income | 103.0 | 150.3 | 75.4 |
| Income taxes | 10.0 | 15.1 | 8.1 |
| Tax rate | 9.7% | 10.0% | 10.8% |
| Net income | 91.6 | 133.6 | 67.2 |
| Net margin | 12.6% | 19.8% | 19.4% |
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| Diluted EPS | $0.59 | $0.82 | $0.43 |
| Shares outstanding (diluted) | 156.2 | 162.7 | 157.3 |
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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. |
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