Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
Revenues | 1,694.8 | 1,666.9 | 1,707.6 | 1,781.2 | 1,836.5 | 0.0 | 1,916.5 | 1,983.9 |
Revenue growth | 1.7% | -2.4% | -4.1% | -3.0% | | -100.0% | -3.4% | -15.5% |
Cost of goods sold | 349.9 | 350.2 | 337.1 | 253.3 | 247.9 | 0.0 | 303.5 | 254.9 |
Gross profit | 1,344.9 | 1,316.7 | 1,370.5 | 1,527.9 | 1,588.6 | 0.0 | 1,613.0 | 1,729.0 |
Gross margin | 79.4% | 79.0% | 80.3% | 85.8% | 86.5% | | 84.2% | 87.2% |
Selling, general and administrative | 1,504.2 | 1,511.9 | 1,332.4 | 1,681.4 | 1,585.9 | 0.0 | 1,700.1 | 0.0 |
EBIT | -140.6 | -174.9 | 57.9 | -116.5 | 29.8 | 33.2 | -54.0 | 1,729.0 |
EBIT margin | -8.3% | -10.5% | 3.4% | -6.5% | 1.6% | | -2.8% | 87.2% |
Pre-tax income | -159.3 | -195.2 | 38.1 | -153.5 | 2.7 | 1.4 | -87.1 | -295.3 |
Income taxes | -34.3 | 10.5 | 8.5 | -4.7 | 12.3 | 0.0 | 108.9 | -118.5 |
Tax rate | 21.5% | | 22.3% | 3.1% | 455.6% | 0.0% | | 40.1% |
Earnings from continuing ops | -131.7 | -209.7 | 58.5 | 54.1 | 42.3 | 1.4 | -196.0 | -176.8 |
Earnings from discontinued ops | -2.0 | -3.5 | -2.9 | 5.7 | 3.0 | 1.4 | | -549.2 |
Net income | -133.7 | -213.2 | 55.6 | 59.8 | 45.3 | 1.4 | -319.0 | -726.0 |
Net margin | -7.9% | -12.8% | 3.3% | 3.4% | 2.5% | | -16.6% | -36.6% |
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Diluted EPS | ($22.90) | ($36.48) | $10.15 | $9.38 | $7.27 | $241.25 | ($1.68) | ($1.55) |
Shares outstanding (diluted) | 5.8 | 5.7 | 5.8 | 5.8 | 5.8 | 0.0 | 116.5 | 114.4 |
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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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