Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 2,376.0 | 1,633.2 | 1,405.5 | 410.1 |
Revenue growth | 45.5% | 16.2% | 242.7% | |
Cost of goods sold | -531.7 | -455.7 | -432.9 | 313.0 |
Gross profit | 2,907.6 | 2,088.9 | 1,838.4 | 97.1 |
Gross margin | 122.4% | 127.9% | 130.8% | 23.7% |
Selling, general and administrative | 220.7 | 173.2 | 163.5 | |
Sales and marketing | | | | 8.1 |
General and administrative | | | | 9.9 |
EBIT | 233.5 | 43.6 | 12.9 | -13.6 |
EBIT margin | 9.8% | 2.7% | 0.9% | -3.3% |
Pre-tax income | 328.4 | 90.9 | 43.3 | -12.9 |
Income taxes | 120.6 | 48.2 | 12.1 | 0.0 |
Tax rate | 36.7% | 53.0% | 28.0% | 0.0% |
Earnings from continuing ops | 205.0 | 40.7 | 30.2 | |
Earnings from discontinued ops | | | | 1.8 |
Net income | 205.0 | 40.7 | 30.2 | 1.8 |
Net margin | 8.6% | 2.5% | 2.1% | 0.4% |
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Diluted EPS | $1.36 | $0.35 | $0.26 | $0.00 |
Shares outstanding (diluted) | 150.2 | 115.7 | 115.7 | 37.0 |
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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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