Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 1,804.4 | 1,807.5 | 1,815.5 | 1,752.0 | 1,623.9 | 1,791.6 | 1,092.6 | 427.1 |
Revenue growth | -0.2% | -0.4% | 3.6% | 7.9% | -9.4% | 64.0% | 155.8% | 22.7% |
Cost of goods sold | 1,607.0 | 1,636.8 | 1,735.8 | 1,552.9 | 1,408.2 | 1,544.4 | 896.1 | 235.9 |
Gross profit | 197.4 | 170.7 | 79.7 | 199.2 | 215.7 | 247.2 | 196.5 | 191.2 |
Gross margin | 10.9% | 9.4% | 4.4% | 11.4% | 13.3% | 13.8% | 18.0% | 44.8% |
Selling, general and administrative | 170.5 | 138.2 | 132.4 | 133.2 | 125.3 | 129.4 | 121.9 | 101.3 |
EBITA | -28.3 | -28.0 | -445.5 | -46.7 | 67.5 | 124.1 | 77.3 | 90.0 |
EBITA margin | -1.6% | -1.5% | -24.5% | -2.7% | 4.2% | 6.9% | 7.1% | 21.1% |
Amortization of intangibles | 25.8 | 26.0 | 25.7 | 25.3 | | | | |
EBIT | -54.1 | -54.0 | -471.2 | -72.0 | 67.5 | 124.1 | 77.3 | 90.0 |
EBIT margin | -3.0% | -3.0% | -26.0% | -4.1% | 4.2% | 6.9% | 7.1% | 21.1% |
Pre-tax income | -46.9 | 21.9 | -230.8 | 9.3 | 66.6 | 67.6 | 2.5 | 24.5 |
Income taxes | 7.8 | 18.0 | -37.1 | 29.2 | 14.6 | -21.1 | -11.3 | -2.3 |
Tax rate | | 82.0% | 16.1% | 314.6% | 21.9% | | | |
Net income | -54.7 | 4.0 | -196.2 | -22.0 | 50.8 | 46.5 | -8.8 | 26.9 |
Net margin | -3.0% | 0.2% | -10.8% | -1.3% | 3.1% | 2.6% | -0.8% | 6.3% |
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Diluted EPS | | $0.04 | ($2.21) | ($0.25) | $0.57 | $0.53 | $0.00 | |
Shares outstanding (diluted) | | 89.6 | 88.8 | 88.5 | 88.4 | 88.3 | 11,274.4 | |
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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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