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 | 863.5 | 855.5 | 811.5 | 701.6 | 620.4 | 490.6 | 540.8 | 529.2 |
Revenue growth | 0.9% | 5.4% | 15.7% | 13.1% | 26.5% | -9.3% | 2.2% | 12.6% |
Cost of goods sold | 1,426.6 | 1,411.5 | 1,328.8 | 1,143.2 | 1,005.5 | 806.6 | 413.9 | 410.6 |
Gross profit | -563.1 | -556.0 | -517.3 | -441.6 | -385.1 | -316.0 | 126.9 | 118.6 |
Gross margin | -65.2% | -65.0% | -63.8% | -62.9% | -62.1% | -64.4% | 23.5% | 22.4% |
General and administrative | 64.9 | 53.7 | 48.5 | 41.8 | 36.1 | 25.0 | 34.6 | 33.1 |
EBITA | 50.2 | 61.5 | 67.1 | 60.7 | 55.2 | 43.1 | 50.2 | 47.7 |
EBITA margin | 5.8% | 7.2% | 8.3% | 8.7% | 8.9% | 8.8% | 9.3% | 9.0% |
Amortization of intangibles | 0.9 | 1.1 | 1.3 | 1.0 | 0.3 | | | |
EBIT | 49.3 | 60.4 | 65.8 | 59.7 | 54.9 | 43.1 | 50.2 | 47.7 |
EBIT margin | 5.7% | 7.1% | 8.1% | 8.5% | 8.8% | 8.8% | 9.3% | 9.0% |
Pre-tax income | -164.9 | 56.3 | 60.4 | 57.7 | 51.6 | 43.0 | 50.4 | 48.9 |
Income taxes | -6.8 | 6.8 | 7.3 | 6.7 | 7.3 | 5.0 | 4.5 | 4.2 |
Tax rate | 4.1% | 12.1% | 12.1% | 11.7% | 14.1% | 11.7% | 8.9% | 8.6% |
Net income | -158.1 | 49.4 | 53.1 | 50.9 | 44.3 | 38.0 | 45.9 | 44.7 |
Net margin | -18.3% | 5.8% | 6.5% | 7.3% | 7.1% | 7.7% | 8.5% | 8.4% |
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Diluted EPS | ($11.26) | $3.34 | $3.53 | $3.35 | $2.94 | $2.56 | $2.96 | $2.63 |
Shares outstanding (diluted) | 14.0 | 14.8 | 15.1 | 15.2 | 15.1 | 14.8 | 15.5 | 17.0 |
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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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