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 | 2,176.2 | 1,662.4 | 1,439.8 | 1,493.6 | 1,187.6 | 738.3 | 1,338.5 | 685.8 |
| Revenue growth | 30.9% | 15.5% | -3.6% | 25.8% | 60.9% | -44.8% | 95.2% | -18.3% |
| Cost of goods sold | 1,121.2 | 984.2 | 725.3 | 901.5 | 756.7 | 604.5 | 742.7 | 0.0 |
| Gross profit | 1,054.9 | 678.3 | 714.5 | 592.0 | 430.9 | 133.8 | 595.8 | 685.8 |
| Gross margin | 48.5% | 40.8% | 49.6% | 39.6% | 36.3% | 18.1% | 44.5% | 100.0% |
| Selling, general and administrative | 126.5 | 101.5 | 93.4 | 80.4 | 75.3 | 63.7 | 69.0 | 72.5 |
| EBITA | 501.2 | 278.2 | 440.2 | 368.0 | 234.0 | -22.0 | 459.4 | 3.3 |
| EBITA margin | 23.0% | 16.7% | 30.6% | 24.6% | 19.7% | -3.0% | 34.3% | 0.5% |
| Amortization of intangibles | 64.9 | 64.6 | 53.3 | 43.6 | 40.8 | 40.8 | 38.5 | 16.7 |
| EBIT | 436.3 | 213.6 | 386.9 | 324.4 | 193.2 | -62.8 | 420.9 | -13.4 |
| EBIT margin | 20.0% | 12.8% | 26.9% | 21.7% | 16.3% | -8.5% | 31.4% | -2.0% |
| Pre-tax income | 202.5 | 53.1 | 255.3 | 118.4 | 34.3 | -155.4 | 273.6 | -59.2 |
| Income taxes | 42.2 | 12.7 | 38.3 | 13.6 | 3.2 | -42.0 | 68.8 | -24.6 |
| Tax rate | 20.8% | 23.9% | 15.0% | 11.5% | 9.3% | 27.0% | 25.2% | 41.7% |
| Net income | 131.7 | 35.7 | 218.3 | 58.9 | -0.8 | -118.7 | 208.1 | -34.5 |
| Net margin | 6.0% | 2.1% | 15.2% | 3.9% | -0.1% | -16.1% | 15.5% | -5.0% |
| |
| Diluted EPS | $0.71 | $0.22 | $1.67 | $0.75 | ($0.01) | ($1.95) | $4.08 | ($1.51) |
| Shares outstanding (diluted) | 185.7 | 160.4 | 130.6 | 78.6 | 70.1 | 61.0 | 51.0 | 22.9 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|