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 | 2,790.7 | 3,047.3 | 2,717.0 | 2,017.3 | 205.3 | 680.5 |
Revenue growth | -8.4% | 12.2% | 34.7% | 882.5% | -69.8% | |
Cost of goods sold | 2,321.5 | 2,531.3 | 2,294.1 | 1,708.7 | 199.5 | 559.0 |
Gross profit | 469.2 | 516.0 | 422.9 | 308.6 | 5.8 | 121.5 |
Gross margin | 16.8% | 16.9% | 15.6% | 15.3% | 2.8% | 17.9% |
Selling, general and administrative | 242.3 | 249.6 | 194.6 | 123.2 | 14.4 | 116.6 |
EBITA | 296.8 | 336.3 | 283.1 | 219.4 | -8.6 | 4.9 |
EBITA margin | 10.6% | 11.0% | 10.4% | 10.9% | -4.2% | 0.7% |
Amortization of intangibles | 69.9 | 69.9 | 54.8 | 34.0 | | |
EBIT | 226.9 | 266.4 | 228.3 | 185.4 | -8.6 | 4.9 |
EBIT margin | 8.1% | 8.7% | 8.4% | 9.2% | -4.2% | 0.7% |
Pre-tax income | 135.3 | 173.9 | 54.2 | 92.8 | -47.1 | -36.8 |
Income taxes | 38.4 | 48.1 | -19.1 | 35.0 | -15.2 | -11.1 |
Tax rate | 28.4% | 27.7% | | 37.7% | 32.3% | 30.3% |
Net income | 96.3 | 125.4 | 72.9 | 57.6 | -31.9 | -25.6 |
Net margin | 3.5% | 4.1% | 2.7% | 2.9% | -15.5% | -3.8% |
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Diluted EPS | $1.39 | $1.80 | $1.06 | $0.86 | ($0.48) | ($1.45) |
Shares outstanding (diluted) | 69.3 | 69.7 | 68.5 | 67.1 | 67.1 | 17.7 |
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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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