Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Sep-30-14 | Jan-15-14 | Dec-31-13 |
Revenues | 122.0 | 129.9 | 151.2 | 120.5 | 2.8 | 0.0 | 0.0 |
Revenue growth | -6.1% | -14.1% | 25.4% | | | | |
Cost of goods sold | 40.3 | 61.0 | 57.8 | 147.5 | 1.3 | 0.0 | 0.0 |
Gross profit | 81.6 | 68.9 | 93.5 | -27.0 | 1.4 | 0.0 | 0.0 |
Gross margin | 66.9% | 53.0% | 61.8% | -22.4% | 51.2% | | |
Selling, general and administrative | | | | | | 0.0 | 0.0 |
General and administrative | 7.5 | 7.4 | 8.1 | 3.5 | 1.2 | 0.0 | 0.0 |
EBIT | 236.1 | -8.6 | 1.8 | -107.0 | -0.9 | 0.0 | 0.0 |
EBIT margin | 193.6% | -6.7% | 1.2% | -88.8% | -31.9% | | |
Pre-tax income | 209.5 | -32.5 | -59.8 | -144.8 | -33.9 | 0.0 | 0.0 |
Income taxes | 0.7 | -2.1 | 2.7 | -0.7 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.3% | 6.6% | | 0.5% | 0.0% | | |
Net income | 207.4 | -31.1 | -61.8 | -143.1 | -33.9 | 0.0 | 0.0 |
Net margin | 170.1% | -24.0% | -40.8% | -118.7% | -1228.0% | | |
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Diluted EPS | $3.94 | ($0.56) | ($1.05) | ($2.28) | ($0.54) | | |
Shares outstanding (diluted) | 52.7 | 55.6 | 58.6 | 62.9 | 63.0 | | |
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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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