Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 492.4 | 548.2 | 491.6 | 500.2 | 567.1 | 487.1 | 349.2 | 286.6 |
Revenue growth | -10.2% | 11.5% | -1.7% | -11.8% | 16.4% | 39.5% | 21.8% | -2.9% |
Cost of goods sold | 381.7 | 408.9 | 389.3 | 400.2 | 458.3 | 399.7 | 287.0 | 240.1 |
Gross profit | 110.7 | 139.3 | 102.3 | 99.9 | 108.8 | 87.4 | 62.2 | 46.5 |
Gross margin | 22.5% | 25.4% | 20.8% | 20.0% | 19.2% | 17.9% | 17.8% | 16.2% |
Selling, general and administrative | 76.1 | 82.6 | 84.7 | 71.0 | 78.0 | 72.1 | 45.8 | 39.6 |
Research and development | 26.9 | 29.5 | | | | | | |
EBITA | 15.8 | 33.3 | 24.1 | 33.8 | 35.8 | 18.9 | 16.9 | 7.7 |
EBITA margin | 3.2% | 6.1% | 4.9% | 6.8% | 6.3% | 3.9% | 4.9% | 2.7% |
Amortization of intangibles | 6.4 | 6.4 | 6.7 | 7.0 | 7.0 | 5.4 | 1.9 | 0.8 |
EBIT | 9.4 | 26.9 | 17.4 | 26.8 | 28.8 | 13.5 | 15.0 | 6.9 |
EBIT margin | 1.9% | 4.9% | 3.5% | 5.4% | 5.1% | 2.8% | 4.3% | 2.4% |
Pre-tax income | -7.3 | 23.6 | 9.6 | -82.6 | 25.7 | 9.8 | 15.2 | 1.0 |
Income taxes | 1.4 | 2.9 | 21.5 | -17.7 | 6.5 | 1.2 | -0.7 | -1.4 |
Tax rate | | 12.3% | 223.4% | 21.5% | 25.4% | 11.9% | | |
Net income | -8.7 | 20.7 | -11.9 | -64.8 | 19.2 | 8.6 | 15.9 | 2.4 |
Net margin | -1.8% | 3.8% | -2.4% | -13.0% | 3.4% | 1.8% | 4.6% | 0.8% |
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Diluted EPS | ($0.71) | $1.71 | ($0.99) | ($5.44) | $1.62 | $0.74 | $7,314.02 | $1,091.03 |
Shares outstanding (diluted) | 12.3 | 12.1 | 12.0 | 11.9 | 11.9 | 11.7 | 0.0 | 0.0 |
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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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