Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 153.3 | 95.8 | 65.8 | 32.6 | 10.0 |
Revenue growth | 60.0% | 45.5% | 102.2% | 225.1% | |
Cost of goods sold | 112.2 | 66.6 | 43.3 | 20.6 | 4.9 |
Gross profit | 41.1 | 29.2 | 22.5 | 11.9 | 5.1 |
Gross margin | 26.8% | 30.4% | 34.2% | 36.7% | 50.8% |
Selling, general and administrative | 11.8 | 5.0 | 4.6 | 2.7 | 2.0 |
EBIT | 29.4 | 24.2 | 17.9 | 9.2 | 3.1 |
EBIT margin | 19.2% | 25.2% | 27.2% | 28.3% | 31.1% |
Pre-tax income | 30.5 | 17.3 | 18.6 | 10.3 | 3.2 |
Income taxes | 8.5 | 6.0 | 4.1 | 1.6 | 0.6 |
Tax rate | 27.7% | 34.5% | 21.9% | 15.9% | 19.1% |
Earnings from continuing ops | 22.0 | 11.3 | 14.5 | 8.7 | 2.6 |
Earnings from discontinued ops | | -1.4 | 0.8 | 1.2 | |
Net income | 22.0 | 10.7 | 14.5 | 8.7 | 2.6 |
Net margin | 14.4% | 11.2% | 22.1% | 26.7% | 25.5% |
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Diluted EPS | $1.14 | $0.74 | $1.13 | $0.78 | $0.08 |
Shares outstanding (diluted) | 19.4 | 15.3 | 12.9 | 11.2 | 30.5 |
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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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