Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
Revenues | 5,664.2 | 4,431.3 | 5,161.9 | 8,829.7 | 8,683.5 | 8,281.7 | 4,752.8 | 3,905.6 |
Revenue growth | 27.8% | -14.2% | -41.5% | 1.7% | 4.9% | 74.2% | 21.7% | |
Cost of goods sold | 5,377.8 | 4,278.9 | 4,750.1 | 8,550.3 | 7,888.4 | 7,094.0 | 4,175.3 | 153.1 |
Gross profit | 286.4 | 152.4 | 411.8 | 279.4 | 795.1 | 1,187.7 | 577.5 | 3,752.5 |
Gross margin | 5.1% | 3.4% | 8.0% | 3.2% | 9.2% | 14.3% | 12.2% | 96.1% |
Selling, general and administrative | 78.8 | 71.9 | 75.2 | 70.6 | 77.8 | 86.2 | 51.0 | 43.1 |
EBIT | 203.8 | 77.8 | 361.7 | 207.2 | 603.0 | 993.9 | 456.7 | 103.2 |
EBIT margin | 3.6% | 1.8% | 7.0% | 2.3% | 6.9% | 12.0% | 9.6% | 2.6% |
Pre-tax income | 88.8 | 15.3 | 291.2 | 358.7 | 590.4 | 595.3 | 480.3 | 38.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | 88.8 | 15.3 | 291.2 | 358.7 | 590.4 | 595.3 | 480.3 | 38.2 |
Net margin | 1.6% | 0.3% | 5.6% | 4.1% | 6.8% | 7.2% | 10.1% | 1.0% |
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Diluted EPS | $0.60 | $0.10 | $1.97 | $2.43 | $57.10 | | | |
Shares outstanding (diluted) | 147.6 | 147.6 | 147.6 | 147.6 | 10.3 | | | |
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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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