Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 186.1 | 100.7 | 51.9 | 969.8 | 2,185.5 | 1,492.0 | 1,210.1 | 1,077.7 |
Revenue growth | 84.8% | 93.9% | -94.6% | -55.6% | 46.5% | 23.3% | 12.3% | 25.3% |
Cost of goods sold | 100.1 | 80.0 | 63.7 | 461.7 | 960.7 | 750.9 | 711.7 | 362.4 |
Gross profit | 86.1 | 20.8 | -11.7 | 508.2 | 1,224.8 | 741.2 | 498.4 | 715.2 |
Gross margin | 46.2% | 20.6% | -22.6% | 52.4% | 56.0% | 49.7% | 41.2% | 66.4% |
General and administrative | 28.3 | 31.0 | 39.7 | 104.9 | 193.7 | 184.7 | 145.9 | 123.2 |
EBIT | 31.0 | -25.2 | -52.8 | -1,171.5 | 581.3 | 199.1 | 17.0 | 317.7 |
EBIT margin | 16.7% | -25.0% | -101.6% | -120.8% | 26.6% | 13.3% | 1.4% | 29.5% |
Pre-tax income | 21.8 | -42.4 | -157.2 | -1,074.0 | 135.8 | -153.4 | -244.6 | -19.9 |
Income taxes | 0.0 | 0.2 | 0.0 | -37.1 | 77.8 | 44.6 | 44.0 | 27.4 |
Tax rate | 0.0% | | 0.0% | 3.5% | 57.3% | | | |
Net income | 21.8 | -39.7 | -206.4 | -2,847.6 | -48.2 | -223.1 | -246.8 | -74.6 |
Net margin | 11.7% | -39.5% | -397.4% | -293.6% | -2.2% | -15.0% | -20.4% | -6.9% |
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Diluted EPS | $0.22 | ($1.13) | ($455,587.20) | ($49,958,438.60) | ($1,268.56) | ($14.53) | ($0.65) | ($0.21) |
Shares outstanding (diluted) | 98.1 | 35.2 | 0.0 | 0.0 | 0.0 | 15.4 | 380.2 | 355.1 |
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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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