Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 5,687.2 | 4,963.5 | 4,659.2 | 3,034.6 | 1,305.1 | 856.7 | 661.5 | 522.7 |
Revenue growth | 14.6% | 6.5% | 53.5% | 132.5% | 52.3% | 29.5% | 26.5% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 5,687.2 | 4,963.5 | 4,659.2 | 3,034.6 | 1,305.1 | 856.7 | 661.5 | 522.7 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9 | 5.2 | 3.0 |
EBITA | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 73.3 | 534.7 | 71.3 |
EBITA margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 8.6% | 80.8% | 13.6% |
Amortization of intangibles | | | | | | 6.9 | 5.2 | 3.0 |
EBIT | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 66.4 | 529.5 | 68.2 |
EBIT margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 7.7% | 80.0% | 13.1% |
Pre-tax income | 274.3 | 214.6 | 151.3 | 132.6 | 93.8 | 66.4 | 77.5 | 66.5 |
Income taxes | 86.6 | 74.3 | 56.2 | 48.6 | 32.6 | 22.6 | 25.6 | 23.4 |
Tax rate | 31.6% | 34.6% | 37.2% | 36.6% | 34.8% | 34.1% | 33.1% | 35.2% |
Earnings from continuing ops | 187.7 | 140.3 | 95.1 | 84.1 | 61.1 | 43.8 | 51.8 | 43.1 |
Earnings from discontinued ops | | | | | 58.2 | 10.1 | 12.1 | |
Net income | 187.7 | 140.3 | 95.1 | 84.1 | 119.3 | 53.9 | 63.9 | 43.1 |
Net margin | 3.3% | 2.8% | 2.0% | 2.8% | 9.1% | 6.3% | 9.7% | 8.2% |
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Diluted EPS | $2.38 | $1.73 | $1.08 | $1.18 | $1.02 | $0.76 | $0.95 | $0.78 |
Shares outstanding (diluted) | 78.9 | 81.1 | 88.0 | 71.2 | 60.0 | 57.3 | 54.8 | 55.2 |
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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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