Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 | Dec-31-99 |
Revenues | 186.4 | 182.0 | 149.1 | 115.6 | 102.2 | 92.2 | 96.0 | 71.9 |
Revenue growth | 2.5% | 22.0% | 29.0% | 13.1% | 10.8% | -4.0% | 33.6% | |
Cost of goods sold | 70.1 | 70.3 | 56.8 | 43.3 | 40.6 | 35.5 | 35.6 | 26.3 |
Gross profit | 116.3 | 111.7 | 92.3 | 72.3 | 61.6 | 56.7 | 60.5 | 45.6 |
Gross margin | 62.4% | 61.4% | 61.9% | 62.6% | 60.3% | 61.5% | 62.9% | 63.4% |
Selling, general and administrative | 71.8 | 59.9 | 52.5 | 43.5 | 35.4 | 33.4 | 31.9 | 25.6 |
Research and development | 23.4 | 25.3 | 22.0 | 18.7 | 18.0 | 15.1 | 16.8 | 14.2 |
EBITA | 24.9 | 29.6 | 19.0 | 10.6 | 8.4 | 8.2 | 11.8 | 5.8 |
EBITA margin | 13.4% | 16.2% | 12.7% | 9.2% | 8.3% | 8.9% | 12.2% | 8.1% |
Amortization of intangibles | 3.8 | 3.0 | 1.2 | 0.4 | 0.3 | | | |
EBIT | 21.2 | 26.5 | 17.7 | 10.2 | 8.2 | 8.2 | 11.8 | 5.8 |
EBIT margin | 11.4% | 14.6% | 11.9% | 8.8% | 8.0% | 8.9% | 12.2% | 8.1% |
Pre-tax income | 20.6 | 24.5 | 30.0 | 11.1 | 9.7 | -0.6 | 1.5 | 5.7 |
Income taxes | 9.8 | 8.6 | 12.8 | 3.3 | 2.9 | 4.6 | 6.4 | 2.1 |
Tax rate | 47.6% | 35.1% | 42.6% | 30.0% | 30.0% | | 433.2% | 36.0% |
Net income | 10.8 | 15.9 | 17.2 | 7.7 | 6.8 | -5.2 | -4.9 | 3.7 |
Net margin | 5.8% | 8.7% | 11.6% | 6.7% | 6.7% | -5.7% | -5.1% | 5.1% |
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Diluted EPS | $0.64 | $0.93 | $1.04 | $0.51 | $0.44 | ($0.32) | ($0.32) | $0.26 |
Shares outstanding (diluted) | 16.9 | 17.1 | 16.6 | 15.2 | 15.5 | 16.4 | 15.4 | 14.0 |
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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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