Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-16-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
Revenues | 641.7 | 1,431.3 | 0.0 | 0.0 | 0.0 | 701.8 | 562.0 | 748.5 |
Revenue growth | -55.2% | | | | -100.0% | 24.9% | -24.9% | 36.7% |
Cost of goods sold | 249.0 | 372.6 | 0.0 | 0.0 | 0.0 | 19.9 | 21.2 | 32.1 |
Gross profit | 392.7 | 1,058.7 | 0.0 | 0.0 | 0.0 | 681.9 | 540.8 | 716.4 |
Gross margin | 61.2% | 74.0% | | | | 97.2% | 96.2% | 95.7% |
Selling, general and administrative | 156.6 | 200.5 | 0.0 | 0.0 | 0.0 | | | |
General and administrative | 86.0 | 102.8 | 0.0 | 0.0 | 0.0 | 52.8 | 49.2 | 54.3 |
EBIT | -915.9 | 121.1 | 0.0 | 0.0 | 0.0 | 239.2 | 149.3 | 219.1 |
EBIT margin | -142.7% | 8.5% | | | | 34.1% | 26.6% | 29.3% |
Pre-tax income | -1,015.2 | 22.7 | 0.0 | 0.0 | 0.0 | 136.5 | 67.9 | 190.2 |
Income taxes | -0.1 | 0.1 | 0.0 | 0.0 | -142.2 | 54.0 | 20.7 | 69.6 |
Tax rate | 0.0% | 0.3% | | | | 39.5% | 30.4% | 36.6% |
Earnings from continuing ops | -1,015.2 | 22.6 | | | | 82.5 | 47.2 | 120.6 |
Earnings from discontinued ops | | | | | | | 6.8 | 13.0 |
Net income | -1,015.2 | 22.6 | 0.0 | 0.0 | 0.0 | 82.5 | 54.0 | 133.5 |
Net margin | -158.2% | 1.6% | | | | 11.8% | 9.6% | 17.8% |
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Diluted EPS | | | | $0.00 | $0.00 | $1.54 | $1.05 | $2.64 |
Shares outstanding (diluted) | | | | 55.3 | 54.1 | 53.4 | 44.8 | 45.7 |
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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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