Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 915.9 | 1,131.2 | 2,080.9 | 2,188.2 | 1,920.0 | 1,303.5 |
Revenue growth | -19.0% | -45.6% | -4.9% | 14.0% | 47.3% | |
Cost of goods sold | 8.4 | 855.9 | 1,580.4 | 1,717.7 | 1,390.8 | 986.2 |
Gross profit | 907.5 | 275.4 | 500.5 | 470.5 | 529.2 | 317.3 |
Gross margin | 99.1% | 24.3% | 24.1% | 21.5% | 27.6% | 24.3% |
Selling, general and administrative | 69.2 | | | | | |
General and administrative | | 112.1 | 108.1 | 80.4 | 66.4 | 37.1 |
EBITA | -456.2 | -175.1 | 93.4 | 99.6 | 235.1 | 107.0 |
EBITA margin | -49.8% | -15.5% | 4.5% | 4.6% | 12.2% | 8.2% |
Amortization of intangibles | | | | | 3.9 | 2.6 |
EBIT | -456.2 | -175.1 | 93.4 | 99.6 | 231.2 | 104.4 |
EBIT margin | -49.8% | -15.5% | 4.5% | 4.6% | 12.0% | 8.0% |
Pre-tax income | -496.2 | -314.0 | -10.2 | -27.6 | 116.5 | 54.0 |
Income taxes | -177.6 | -92.6 | -2.2 | -7.8 | 46.9 | 26.3 |
Tax rate | 35.8% | 29.5% | 21.5% | 28.4% | 40.3% | 48.7% |
Net income | -318.6 | -221.4 | -8.0 | -19.7 | 69.6 | 27.8 |
Net margin | -34.8% | -19.6% | -0.4% | -0.9% | 3.6% | 2.1% |
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Diluted EPS | ($2.18) | ($4.42) | ($0.17) | ($0.42) | $1.48 | |
Shares outstanding (diluted) | 146.2 | 50.1 | 47.2 | 46.9 | 46.9 | |
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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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