Financial Summary (All financials)
In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 303.4 | 296.4 | 240.3 | 101.2 | 93.6 | 71.7 |
Revenue growth | 2.4% | 23.3% | 137.4% | 8.1% | 30.6% | |
Cost of goods sold | 91.3 | 93.4 | 77.3 | 25.6 | 23.7 | 18.9 |
Gross profit | 212.0 | 203.0 | 163.0 | 75.6 | 69.9 | 52.8 |
Gross margin | 69.9% | 68.5% | 67.8% | 74.7% | 74.7% | 73.6% |
Sales and marketing | 29.5 | 33.2 | 35.4 | 15.0 | 12.3 | 13.2 |
Research and development | 43.5 | 41.6 | 31.1 | 21.2 | 16.1 | 14.1 |
General and administrative | 39.6 | 37.4 | 29.7 | 12.9 | 11.5 | 9.3 |
EBITA | 91.1 | 82.0 | 59.3 | 22.5 | 26.5 | 11.0 |
EBITA margin | 30.0% | 27.7% | 24.7% | 22.2% | 28.3% | 15.3% |
Amortization of intangibles | 23.4 | 21.8 | 19.1 | 0.8 | 2.7 | 1.1 |
EBIT | 67.7 | 60.3 | 40.2 | 21.7 | 23.8 | 9.9 |
EBIT margin | 22.3% | 20.3% | 16.7% | 21.5% | 25.4% | 13.8% |
Pre-tax income | 46.7 | -126.2 | 4.1 | 24.2 | 23.3 | 8.8 |
Income taxes | 15.6 | 10.7 | 1.7 | 8.2 | 7.6 | -1.0 |
Tax rate | 33.3% | | 41.6% | 33.9% | 32.8% | |
Net income | 31.1 | -136.9 | 2.4 | 16.0 | 15.7 | 9.9 |
Net margin | 10.3% | -46.2% | 1.0% | 15.8% | 16.7% | 13.8% |
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Diluted EPS | $0.46 | ($2.28) | $0.04 | $0.33 | $0.32 | $0.20 |
Shares outstanding (diluted) | 67.9 | 60.0 | 54.4 | 48.0 | 48.4 | 49.8 |
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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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