Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-25-16 | Dec-27-15 | Dec-28-14 | Dec-29-13 |
Revenues | 2,916.8 | 3,146.5 | 3,047.5 | 2,885.0 | 3,171.9 | 3,324.9 |
Revenue growth | -7.3% | 3.2% | 5.6% | -9.0% | -4.6% | |
Cost of goods sold | 1,803.5 | 1,959.6 | 1,927.9 | 1,810.4 | 1,997.8 | 2,089.7 |
Gross profit | 1,113.3 | 1,186.8 | 1,119.6 | 1,074.6 | 1,174.1 | 1,235.2 |
Gross margin | 38.2% | 37.7% | 36.7% | 37.2% | 37.0% | 37.1% |
Selling, general and administrative | 808.5 | 836.3 | 795.5 | 696.0 | 765.5 | 773.4 |
EBITA | 193.1 | 193.4 | 209.1 | 282.6 | 292.1 | 362.0 |
EBITA margin | 6.6% | 6.1% | 6.9% | 9.8% | 9.2% | 10.9% |
Amortization of intangibles | 36.6 | 30.6 | 14.9 | 11.6 | 13.9 | 14.1 |
EBIT | 156.5 | 162.8 | 194.2 | 271.0 | 278.2 | 347.8 |
EBIT margin | 5.4% | 5.2% | 6.4% | 9.4% | 8.8% | 10.5% |
Pre-tax income | 30.2 | 40.7 | 66.4 | 194.0 | 278.3 | 345.8 |
Income taxes | 15.1 | 33.9 | 13.7 | 47.9 | 67.6 | 71.3 |
Tax rate | 50.1% | 83.1% | 20.7% | 24.7% | 24.3% | 20.6% |
Net income | 15.0 | 6.9 | 52.7 | 146.1 | 210.7 | 274.5 |
Net margin | 0.5% | 0.2% | 1.7% | 5.1% | 6.6% | 8.3% |
|
Diluted EPS | $0.13 | $0.06 | $0.44 | $1.25 | $1.83 | $2.39 |
Shares outstanding (diluted) | 115.8 | 115.6 | 118.6 | 116.7 | 115.0 | 115.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|