Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 352.0 | 348.6 | 344.2 | 335.2 | 812.2 | 1,032.1 | 1,191.8 | 1,240.4 |
Revenue growth | 1.0% | 1.3% | 2.7% | -58.7% | -21.3% | -13.4% | -3.9% | 4.4% |
Cost of goods sold | 300.7 | 299.0 | 280.4 | 243.9 | 697.0 | 899.3 | 1,103.1 | 1,162.7 |
Gross profit | 51.3 | 49.6 | 63.7 | 91.3 | 115.3 | 132.8 | 88.7 | 77.7 |
Gross margin | 14.6% | 14.2% | 18.5% | 27.2% | 14.2% | 12.9% | 7.4% | 6.3% |
Selling, general and administrative | 54.1 | 52.2 | 62.6 | 41.3 | 75.2 | 83.2 | 89.1 | 84.2 |
EBIT | -2.8 | -2.6 | 1.1 | 50.0 | 40.0 | 49.6 | -0.4 | -6.5 |
EBIT margin | -0.8% | -0.7% | 0.3% | 14.9% | 4.9% | 4.8% | 0.0% | -0.5% |
Pre-tax income | -27.8 | -11.4 | -2.2 | 42.4 | 33.6 | 35.2 | -26.7 | -24.1 |
Income taxes | -10.3 | 16.8 | -0.7 | 17.2 | -0.8 | 14.6 | -10.8 | -22.2 |
Tax rate | 37.0% | | 30.4% | 40.6% | | 41.6% | 40.6% | 92.4% |
Net income | -18.5 | -97.3 | 0.7 | -21.7 | 36.9 | 20.6 | -15.8 | -1.8 |
Net margin | -5.3% | -27.9% | 0.2% | -6.5% | 4.5% | 2.0% | -1.3% | -0.1% |
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Diluted EPS | ($0.37) | ($1.97) | $0.01 | ($0.44) | $0.75 | $0.42 | ($0.32) | ($0.04) |
Shares outstanding (diluted) | 50.2 | 49.4 | 49.3 | 49.4 | 49.3 | 49.1 | 49.0 | 50.5 |
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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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