Financial Summary (All financials)
In millions, except per share items | Dec-29-19 | Dec-30-18 | Dec-31-17 | Dec-25-16 | Dec-27-15 | Dec-28-14 | Dec-29-13 | Dec-30-12 |
Revenues | 709.5 | 807.2 | 903.6 | 977.1 | 1,056.6 | 1,146.6 | 1,214.8 | 1,279.8 |
Revenue growth | -12.1% | -10.7% | -7.5% | -7.5% | -7.8% | -5.6% | -5.1% | -5.3% |
Cost of goods sold | 251.7 | 298.0 | 338.6 | 447.8 | 481.2 | 526.7 | 543.5 | 572.3 |
Gross profit | 457.8 | 509.2 | 565.0 | 529.3 | 575.4 | 619.9 | 671.3 | 707.6 |
Gross margin | 64.5% | 63.1% | 62.5% | 54.2% | 54.5% | 54.1% | 55.3% | 55.3% |
Selling, general and administrative | 1,021.6 | 830.2 | 861.4 | 939.8 | 1,291.9 | 113.6 | 121.6 | 124.3 |
EBITA | 46.7 | 62.6 | 111.2 | 107.9 | -176.9 | 162.5 | 238.0 | 270.0 |
EBITA margin | 6.6% | 7.8% | 12.3% | 11.0% | -16.7% | 14.2% | 19.6% | 21.1% |
Amortization of intangibles | 24.2 | 47.7 | 49.3 | 48.0 | 48.4 | 52.9 | 57.2 | 58.1 |
EBIT | 22.5 | 14.9 | 62.0 | 59.9 | -225.3 | 109.6 | 180.8 | 211.9 |
EBIT margin | 3.2% | 1.8% | 6.9% | 6.1% | -21.3% | 9.6% | 14.9% | 16.6% |
Pre-tax income | -417.4 | -81.9 | -226.9 | -47.3 | -312.0 | 607.2 | 28.1 | -27.7 |
Income taxes | -6.3 | -2.2 | 105.5 | -13.1 | -11.8 | 231.2 | 11.7 | -23.7 |
Tax rate | 1.5% | 2.6% | | 27.6% | 3.8% | 38.1% | 41.5% | 85.7% |
Net income | -411.1 | -79.8 | -332.4 | -34.2 | -300.2 | 374.0 | 18.8 | -0.1 |
Net margin | -57.9% | -9.9% | -36.8% | -3.5% | -28.4% | 32.6% | 1.5% | 0.0% |
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Diluted EPS | ($51.97) | ($10.27) | ($43.55) | ($4.41) | ($34.66) | $42.55 | $0.19 | ($0.05) |
Shares outstanding (diluted) | 7.9 | 7.8 | 7.6 | 7.8 | 8.7 | 8.8 | 87.1 | 85.7 |
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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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