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 | 2,162.1 | 2,236.0 | 2,333.5 | 2,244.2 | 2,381.9 | 2,242.2 | 1,043.5 | 1,131.0 |
Revenue growth | -3.3% | -4.2% | 4.0% | -5.8% | 6.2% | 114.9% | -7.7% | 8.3% |
Cost of goods sold | 1,610.1 | 1,670.3 | 1,724.6 | 1,693.7 | 1,855.9 | 1,714.2 | 789.6 | 840.2 |
Gross profit | 551.9 | 565.7 | 608.9 | 550.6 | 526.0 | 528.0 | 253.9 | 290.8 |
Gross margin | 25.5% | 25.3% | 26.1% | 24.5% | 22.1% | 23.5% | 24.3% | 25.7% |
Selling, general and administrative | 317.3 | 329.1 | 371.3 | 354.9 | 385.8 | 354.3 | 151.4 | 142.7 |
EBITA | 234.7 | 236.6 | 1,217.8 | 195.7 | 140.2 | 173.7 | 102.5 | 152.1 |
EBITA margin | 10.9% | 10.6% | 52.2% | 8.7% | 5.9% | 7.7% | 9.8% | 13.4% |
Amortization of intangibles | 13.8 | 12.6 | 12.6 | 12.6 | 9.2 | 7.9 | 0.6 | 0.6 |
EBIT | 220.9 | 224.0 | 1,205.2 | 183.0 | 131.0 | 165.8 | 102.0 | 151.5 |
EBIT margin | 10.2% | 10.0% | 51.6% | 8.2% | 5.5% | 7.4% | 9.8% | 13.4% |
Pre-tax income | 184.9 | 179.7 | 632.7 | 110.9 | -215.8 | 80.0 | 83.5 | 146.2 |
Income taxes | 65.9 | 66.3 | 247.3 | 44.2 | -6.2 | 27.8 | 32.3 | 50.8 |
Tax rate | 35.6% | 36.9% | 39.1% | 39.8% | 2.9% | 34.7% | 38.6% | 34.8% |
Net income | 119.0 | 113.4 | 385.4 | 66.8 | -209.7 | 52.2 | 51.3 | 95.4 |
Net margin | 5.5% | 5.1% | 16.5% | 3.0% | -8.8% | 2.3% | 4.9% | 8.4% |
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Diluted EPS | $2.84 | $2.33 | $7.42 | $1.36 | ($4,369.84) | $1.09 | $1.07 | $1.90 |
Shares outstanding (diluted) | 41.9 | 48.8 | 52.0 | 49.3 | 0.0 | 47.9 | 47.9 | 50.2 |
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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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