Financial Summary (All financials)
| In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 772.3 | 882.9 | 728.3 |
| Revenue growth | -12.5% | 21.2% | |
| Cost of goods sold | 359.6 | 405.7 | 324.8 |
| Gross profit | 412.7 | 477.2 | 403.5 |
| Gross margin | 53.4% | 54.0% | 55.4% |
| General and administrative | 25.3 | 25.4 | 22.7 |
| EBIT | 220.6 | 325.2 | 274.2 |
| EBIT margin | 28.6% | 36.8% | 37.6% |
| Pre-tax income | 62.1 | 132.9 | -19.7 |
| Income taxes | 39.9 | 39.8 | 27.9 |
| Tax rate | 64.2% | 30.0% | |
| Net income | 22.3 | 93.1 | -47.6 |
| Net margin | 2.9% | 10.5% | -6.5% |
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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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