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 | 2,355.5 | 2,370.9 | 1,895.1 | 1,778.1 | 2,018.3 | 1,868.8 | 1,669.2 | 1,214.6 |
Revenue growth | -0.6% | 25.1% | 6.6% | -11.9% | 8.0% | 12.0% | 37.4% | 64.2% |
Cost of goods sold | 1,551.1 | 1,563.0 | 1,268.7 | 1,227.5 | 1,380.0 | 1,248.9 | 1,119.9 | 836.2 |
Gross profit | 804.4 | 807.9 | 626.4 | 550.6 | 638.3 | 619.9 | 549.3 | 378.3 |
Gross margin | 34.1% | 34.1% | 33.1% | 31.0% | 31.6% | 33.2% | 32.9% | 31.1% |
Selling, general and administrative | 402.7 | 394.8 | 369.5 | 356.2 | 348.6 | 327.0 | 309.6 | 255.7 |
EBITA | 392.8 | 417.8 | 252.4 | 148.7 | 259.7 | 292.8 | 234.3 | 122.6 |
EBITA margin | 16.7% | 17.6% | 13.3% | 8.4% | 12.9% | 15.7% | 14.0% | 10.1% |
Amortization of intangibles | 20.1 | 17.1 | | | | | | |
EBIT | 372.7 | 400.7 | 252.4 | 148.7 | 259.7 | 292.8 | 234.3 | 122.6 |
EBIT margin | 15.8% | 16.9% | 13.3% | 8.4% | 12.9% | 15.7% | 14.0% | 10.1% |
Pre-tax income | 361.6 | 387.0 | 231.9 | -138.4 | 235.0 | 269.7 | 200.6 | 95.6 |
Income taxes | 97.1 | 107.4 | 56.9 | 24.9 | 67.5 | 63.3 | 67.7 | 28.7 |
Tax rate | 26.8% | 27.8% | 24.5% | | 28.7% | 23.5% | 33.7% | 30.0% |
Net income | 263.3 | 277.6 | 173.0 | -165.2 | 166.0 | 206.4 | 132.9 | 67.0 |
Net margin | 11.2% | 11.7% | 9.1% | -9.3% | 8.2% | 11.0% | 8.0% | 5.5% |
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Diluted EPS | $5.28 | $5.33 | $3.28 | ($3.18) | $3.12 | $3.80 | $2.49 | $1.37 |
Shares outstanding (diluted) | 49.8 | 52.1 | 52.7 | 51.9 | 53.2 | 54.3 | 53.4 | 48.9 |
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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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