Financial Summary (All financials)
In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 145.1 | 212.7 | 305.9 | 296.2 | 264.6 | 160.5 | 110.2 | 54.7 |
Revenue growth | -31.8% | -30.5% | 3.3% | 11.9% | 64.9% | 45.7% | 101.3% | |
Cost of goods sold | 100.7 | 112.9 | 148.2 | 129.4 | 91.0 | 49.4 | 38.3 | 20.5 |
Gross profit | 44.4 | 99.8 | 157.8 | 166.8 | 173.6 | 111.1 | 71.9 | 34.2 |
Gross margin | 30.6% | 46.9% | 51.6% | 56.3% | 65.6% | 69.2% | 65.2% | 62.5% |
Selling, general and administrative | | | | | 57.8 | | | |
Sales and marketing | 29.0 | 14.9 | 38.9 | 31.9 | | 43.5 | 24.1 | 8.5 |
Research and development | 6.2 | 12.7 | 15.4 | 7.9 | 1.5 | 0.9 | | |
General and administrative | 49.7 | 51.4 | 66.4 | 62.2 | | 13.8 | 10.4 | 7.1 |
EBITA | -72.6 | 2.2 | 34.5 | 60.8 | 76.9 | 51.8 | 36.0 | 18.3 |
EBITA margin | -50.0% | 1.1% | 11.3% | 20.5% | 29.1% | 32.3% | 32.7% | 33.5% |
Amortization of intangibles | 1.7 | 3.3 | 4.4 | | | | | |
EBIT | -74.3 | -1.0 | 30.2 | 60.8 | 76.9 | 51.8 | 36.0 | 18.3 |
EBIT margin | -51.2% | -0.5% | 9.9% | 20.5% | 29.1% | 32.3% | 32.7% | 33.5% |
Pre-tax income | -57.5 | -67.9 | 23.4 | 54.5 | 59.7 | 51.9 | 36.6 | 17.8 |
Income taxes | 2.2 | 0.6 | 9.3 | 13.2 | 12.6 | 8.0 | 7.4 | 4.4 |
Tax rate | | | 39.9% | 24.2% | 21.2% | 15.4% | 20.3% | 24.7% |
Net income | -59.7 | -69.5 | 14.0 | 41.2 | 47.1 | 43.9 | 29.2 | 13.4 |
Net margin | -41.2% | -32.7% | 4.6% | 13.9% | 17.8% | 27.3% | 26.5% | 24.5% |
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Diluted EPS | ($1.56) | ($1.86) | $0.37 | $0.92 | $0.57 | $0.61 | $0.46 | $0.31 |
Shares outstanding (diluted) | 38.3 | 37.4 | 37.9 | 44.6 | 82.3 | 71.4 | 62.9 | 43.8 |
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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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