Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
Revenues | 1,232.4 | 1,020.8 | 845.5 | | 787.4 | 824.6 | 841.6 | 635.4 |
Revenue growth | 20.7% | 20.7% | | | -4.5% | -2.0% | 32.4% | 39.1% |
Cost of goods sold | 775.7 | 603.9 | 477.4 | | 233.9 | 245.8 | 246.9 | 568.1 |
Gross profit | 456.7 | 416.9 | 368.1 | | 553.5 | 578.8 | 594.7 | 67.3 |
Gross margin | 37.1% | 40.8% | 43.5% | | 70.3% | 70.2% | 70.7% | 10.6% |
Selling, general and administrative | | | | | 9.3 | 4.0 | 4.0 | 3.2 |
Sales and marketing | 26.5 | 21.8 | 20.9 | | | | | |
EBIT | -27.4 | 50.7 | 78.7 | | 52.4 | 127.5 | 26.9 | 67.3 |
EBIT margin | -2.2% | 5.0% | 9.3% | | 6.7% | 15.5% | 3.2% | 10.6% |
Pre-tax income | -46.1 | 20.9 | 42.2 | | 43.9 | 124.6 | 41.4 | 63.1 |
Income taxes | -14.6 | 8.1 | 0.4 | | 13.5 | 46.8 | 15.7 | 22.4 |
Tax rate | 31.7% | 38.8% | 0.9% | | 30.8% | 37.6% | 37.9% | 35.5% |
Net income | -31.5 | 12.8 | 41.9 | | 30.4 | 77.8 | 25.7 | 40.7 |
Net margin | -2.6% | 1.3% | 5.0% | | 3.9% | 9.4% | 3.1% | 6.4% |
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Diluted EPS | ($1.70) | $0.69 | $2.31 | | $1.32 | $3.55 | $1.17 | $1.86 |
Shares outstanding (diluted) | 18.5 | 18.6 | 18.1 | | 23.1 | 21.9 | 21.9 | 21.9 |
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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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