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 | 478.9 | 457.3 | 410.4 | 492.3 | 510.7 | 536.5 | 518.0 | 516.2 |
Revenue growth | 4.7% | 11.4% | -16.6% | -3.6% | -4.8% | 3.6% | 0.4% | |
Cost of goods sold | 293.5 | 261.5 | 239.4 | 293.5 | 287.4 | 304.7 | 283.7 | 284.8 |
Gross profit | 185.4 | 195.9 | 171.0 | 198.9 | 223.3 | 231.8 | 234.3 | 231.4 |
Gross margin | 38.7% | 42.8% | 41.7% | 40.4% | 43.7% | 43.2% | 45.2% | 44.8% |
Selling, general and administrative | 173.2 | 186.5 | 181.5 | 208.2 | 207.9 | 194.7 | 189.0 | 174.5 |
EBIT | 12.3 | 9.4 | -10.5 | -9.3 | 15.4 | 37.1 | 45.4 | 56.9 |
EBIT margin | 2.6% | 2.0% | -2.5% | -1.9% | 3.0% | 6.9% | 8.8% | 11.0% |
Pre-tax income | -2.0 | 3.0 | -31.0 | -18.4 | 10.3 | 41.9 | 49.5 | 57.8 |
Income taxes | 0.9 | 0.9 | 32.2 | -3.6 | 3.2 | 15.1 | 16.0 | 22.0 |
Tax rate | | 30.1% | | 19.7% | 30.9% | 36.1% | 32.3% | 38.0% |
Net income | -2.9 | 2.1 | -63.2 | -14.8 | 7.1 | 26.8 | 33.5 | 35.9 |
Net margin | -0.6% | 0.5% | -15.4% | -3.0% | 1.4% | 5.0% | 6.5% | 6.9% |
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Diluted EPS | ($0.16) | $0.11 | ($3.52) | ($0.80) | $0.35 | $1.31 | $1.65 | $1.74 |
Shares outstanding (diluted) | 18.2 | 18.5 | 18.0 | 18.4 | 20.3 | 20.4 | 20.3 | 20.7 |
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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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