Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 289.4 | 232.4 | 468.5 | 429.2 | 423.1 | 426.4 | 331.6 | 256.0 |
Revenue growth | 24.5% | -50.4% | 9.1% | 1.5% | -0.8% | 28.6% | 29.6% | -54.7% |
Cost of goods sold | 3.9 | 5.2 | 19.2 | 16.3 | 17.4 | 5.1 | 1.2 | 16.2 |
Gross profit | 285.5 | 227.1 | 449.2 | 412.9 | 405.6 | 421.4 | 330.4 | 239.8 |
Gross margin | 98.6% | 97.7% | 95.9% | 96.2% | 95.9% | 98.8% | 99.6% | 93.7% |
General and administrative | 23.0 | 22.8 | 34.5 | 33.3 | 30.5 | 41.6 | 35.6 | 20.7 |
EBIT | 29.9 | -71.5 | 123.7 | 102.4 | 79.8 | 131.8 | 77.9 | -142.2 |
EBIT margin | 10.3% | -30.8% | 26.4% | 23.9% | 18.9% | 30.9% | 23.5% | -55.6% |
Pre-tax income | -322.5 | -153.3 | 68.6 | -37.3 | 57.1 | 146.0 | 57.6 | -180.1 |
Income taxes | -30.3 | -55.1 | 24.7 | -12.4 | 22.0 | 52.1 | 20.6 | -64.1 |
Tax rate | 9.4% | 36.0% | 36.0% | 33.3% | 38.5% | 35.7% | 35.8% | 35.6% |
Net income | -292.2 | -98.2 | 43.9 | -24.9 | 35.1 | 93.8 | 36.9 | -117.4 |
Net margin | -100.9% | -42.3% | 9.4% | -5.8% | 8.3% | 22.0% | 11.1% | -45.9% |
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Diluted EPS | ($20.87) | ($8.07) | $3.61 | ($2.04) | $2.89 | $7.71 | $3.04 | ($9.67) |
Shares outstanding (diluted) | 14.0 | 12.2 | 12.2 | 12.2 | 12.2 | 12.2 | 12.1 | 12.1 |
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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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