In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 461.9 | 458.4 | 495.4 | 474.7 | 484.3 | 480.6 | 490.2 | 505.8 |
Revenue growth | 0.8% | -7.5% | 4.4% | -2.0% | 0.8% | -1.9% | -3.1% | 0.7% |
Cost of goods sold | 253.1 | 250.4 | 279.7 | 235.8 | 128.3 | 0.0 | 0.0 | 0.0 |
Gross profit | 208.8 | 207.9 | 215.7 | 238.9 | 356.1 | 480.6 | 490.2 | 505.8 |
Gross margin | 45.2% | 45.4% | 43.5% | 50.3% | 73.5% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | | | | | | 54.7 | | |
General and administrative | 100.9 | 97.6 | 100.1 | 98.3 | 96.8 | | 90.4 | 89.4 |
EBITA | 74.9 | 71.8 | 86.7 | 79.4 | 39.4 | 41.4 | 101.0 | 67.9 |
EBITA margin | 16.2% | 15.7% | 17.5% | 16.7% | 8.1% | 8.6% | 20.6% | 13.4% |
Amortization of intangibles | | | | 0.0 | 0.0 | 0.0 | | |
EBIT | 74.9 | 71.8 | 86.7 | 79.4 | 39.4 | 41.4 | 101.0 | 67.9 |
EBIT margin | 16.2% | 15.7% | 17.5% | 16.7% | 8.1% | 8.6% | 20.6% | 13.4% |
Pre-tax income | 53.4 | 44.4 | 61.2 | -46.2 | 41.2 | -48.6 | 63.7 | 26.1 |
Income taxes | 12.9 | -103.9 | 21.7 | -11.9 | 15.8 | 0.0 | 22.6 | 23.5 |
Tax rate | 24.2% | | 35.4% | 25.7% | 38.3% | 0.0% | 35.5% | 89.9% |
Earnings from continuing ops | 40.4 | 148.2 | 39.5 | -34.4 | 25.4 | | 41.1 | 2.6 |
Earnings from discontinued ops | | | | | | | 0.3 | -0.9 |
Net income | 40.4 | 148.2 | 39.5 | -34.4 | 31.1 | 0.0 | 0.0 | 0.0 |
Net margin | 8.8% | 32.3% | 8.0% | -7.2% | 6.4% | 0.0% | 0.0% | 0.0% |
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Diluted EPS | $0.99 | $3.61 | $0.96 | ($0.83) | $0.61 | $0.00 | $0.99 | $0.06 |
Shares outstanding (diluted) | 40.9 | 41.0 | 41.2 | 41.3 | 41.4 | 41.4 | 41.4 | 41.5 |
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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. |