Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 1,002.7 | 1,028.3 | 1,344.2 | 1,748.8 | 1,792.6 | 1,641.8 | 1,601.3 | 561.3 |
Revenue growth | -2.5% | -23.5% | -23.1% | -2.4% | 115.3% | 2.5% | 185.3% | 373.4% |
Cost of goods sold | 213.3 | 230.8 | 261.6 | 293.4 | 178.8 | 383.1 | 134.3 | -292.0 |
Gross profit | 789.4 | 797.4 | 1,082.6 | 1,455.4 | 1,613.7 | 1,514.1 | 1,467.0 | 853.3 |
Gross margin | 78.7% | 77.6% | 80.5% | 83.2% | 90.0% | 92.2% | 91.6% | 152.0% |
General and administrative | 47.3 | 55.3 | 75.7 | 79.6 | 80.1 | 77.2 | 72.3 | 47.1 |
EBIT | 85.4 | 464.6 | -2,465.8 | 122.6 | 804.1 | 365.7 | -249.7 | 803.6 |
EBIT margin | 8.5% | 45.2% | -183.4% | 7.0% | 44.9% | 43.9% | -15.6% | 143.2% |
Pre-tax income | -99.5 | 176.2 | -2,648.2 | 147.9 | 704.1 | -836.9 | -589.7 | 730.8 |
Income taxes | 3.6 | 14.6 | -295.6 | 57.9 | 258.5 | -291.6 | -211.5 | 254.4 |
Tax rate | | 8.3% | 11.2% | 39.1% | 36.7% | 34.8% | 35.9% | 34.8% |
Net income | -103.1 | 161.6 | -2,352.6 | 90.0 | 445.6 | -545.2 | -378.3 | 476.4 |
Net margin | -10.3% | 15.7% | -175.0% | 5.1% | 24.9% | -34.0% | -23.6% | 84.9% |
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Diluted EPS | ($0.59) | $0.94 | ($13.83) | $0.53 | $2.49 | ($3.30) | ($2.33) | $2.84 |
Shares outstanding (diluted) | 173.8 | 171.7 | 170.1 | 169.7 | 178.6 | 169.0 | 162.4 | 168.0 |
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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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