Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 0.0 | 0.0 | 0.0 | 2,236.4 | 1,970.0 | 2,069.0 | 1,701.6 | 1,319.5 |
Revenue growth | | | -100.0% | 13.5% | -4.8% | 21.6% | 29.0% | -13.9% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 1,553.8 | 1,486.5 | 1,630.5 | 1,352.8 | 1,217.5 |
Gross profit | 0.0 | 0.0 | 0.0 | 682.6 | 483.5 | 438.4 | 348.8 | 101.9 |
Gross margin | | | | 30.5% | 24.5% | 21.2% | 20.5% | 7.7% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | | | | | |
Sales and marketing | 0.0 | 0.0 | 0.0 | 41.9 | 38.3 | 35.7 | 31.5 | 32.6 |
Research and development | | | | 237.2 | 189.7 | 145.3 | 193.6 | 191.5 |
General and administrative | 0.0 | 0.0 | 0.0 | 213.2 | 139.4 | 138.2 | 107.3 | 57.4 |
EBITA | 0.0 | 0.0 | 0.0 | 222.0 | 130.2 | 187.1 | 35.5 | -136.6 |
EBITA margin | | | | 9.9% | 6.6% | 9.0% | 2.1% | -10.4% |
Amortization of intangibles | | | | | | | | 31.4 |
EBIT | 0.0 | 0.0 | 0.0 | 222.0 | 130.2 | 187.1 | 35.5 | -168.0 |
EBIT margin | | | | 9.9% | 6.6% | 9.0% | 2.1% | -12.7% |
Pre-tax income | 0.0 | 0.0 | 0.0 | 230.9 | 138.1 | 178.6 | 13.4 | -182.3 |
Income taxes | 0.0 | 0.0 | 0.0 | 8.5 | -11.8 | -4.1 | 9.1 | -82.5 |
Tax rate | | | | 3.7% | | | 67.7% | 45.3% |
Earnings from continuing ops | | | | | | | | -326.5 |
Earnings from discontinued ops | | | | | | | | 14.7 |
Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -311.8 |
Net margin | | | | 0.0% | 0.0% | 0.0% | 0.0% | -23.6% |
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Diluted EPS | | | | | | | | ($0.01) |
Shares outstanding (diluted) | | | | | | | | 27,435.9 |
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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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