Financial Summary (All financials)
In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 323.2 | 309.7 | 228.6 | 227.6 | 231.8 | 163.0 | 67.7 | 42.2 |
Revenue growth | 4.4% | 35.5% | 0.4% | -1.8% | 42.2% | 140.9% | 60.3% | 631.1% |
Cost of goods sold | -20.3 | -19.2 | -18.7 | -18.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 343.5 | 328.9 | 247.3 | 245.7 | 231.8 | 163.0 | 67.7 | 42.2 |
Gross margin | 106.3% | 106.2% | 108.2% | 107.9% | 100.0% | 100.0% | 100.0% | 100.0% |
General and administrative | 16.4 | 27.8 | 10.4 | 9.1 | 12.5 | 9.5 | 4.7 | 2.8 |
EBITA | 123.9 | 94.9 | 62.9 | 34.6 | 132.5 | 130.5 | 55.7 | 32.2 |
EBITA margin | 38.3% | 30.6% | 27.5% | 15.2% | 57.2% | 80.0% | 82.3% | 76.3% |
Amortization of intangibles | 60.7 | 48.5 | 8.0 | | | | | |
EBIT | 63.2 | 46.4 | 54.9 | 34.6 | 132.5 | 130.5 | 55.7 | 32.2 |
EBIT margin | 19.5% | 15.0% | 24.0% | 15.2% | 57.2% | 80.0% | 82.3% | 76.3% |
Pre-tax income | 64.1 | 46.0 | 55.3 | 34.1 | 50.8 | 60.7 | 30.5 | 16.8 |
Income taxes | 10.9 | 11.6 | 4.8 | 5.8 | -4.2 | -2.8 | 0.4 | 0.5 |
Tax rate | 17.0% | 25.2% | 8.8% | 17.0% | | | 1.4% | 2.9% |
Earnings from continuing ops | 122.5 | 63.7 | 55.3 | 48.6 | 19.1 | 33.5 | 30.1 | 16.3 |
Earnings from discontinued ops | -11.8 | -13.1 | 8.8 | -15.4 | 47.4 | 58.6 | | |
Net income | 110.7 | 50.6 | 64.1 | 33.2 | 66.5 | 92.1 | 30.1 | 16.3 |
Net margin | 34.2% | 16.3% | 28.1% | 14.6% | 28.7% | 56.5% | 44.5% | 38.6% |
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Diluted EPS | $0.61 | $0.36 | $0.44 | $0.40 | $0.00 | $0.00 | $0.40 | $0.29 |
Shares outstanding (diluted) | 202.1 | 175.4 | 124.6 | 122.8 | 121,314.2 | 116,654.1 | 75.3 | 56.3 |
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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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