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 | 1,045.2 | 857.2 | 774.0 | 1,151.5 | 1,278.9 | 1,183.2 | 749.8 | 501.8 |
Revenue growth | 21.9% | 10.7% | -32.8% | -10.0% | 8.1% | 57.8% | 49.4% | |
Cost of goods sold | 821.6 | 678.4 | 660.7 | 863.8 | 831.5 | 747.1 | 550.4 | 438.2 |
Gross profit | 223.6 | 178.8 | 113.3 | 287.7 | 447.4 | 436.1 | 199.4 | 63.7 |
Gross margin | 21.4% | 20.9% | 14.6% | 25.0% | 35.0% | 36.9% | 26.6% | 12.7% |
Selling, general and administrative | 64.5 | 56.6 | 60.4 | 66.5 | 75.4 | 53.3 | 28.3 | 20.6 |
EBIT | 164.0 | 120.8 | 54.9 | 219.7 | 372.0 | 382.8 | 171.1 | 41.8 |
EBIT margin | 15.7% | 14.1% | 7.1% | 19.1% | 29.1% | 32.4% | 22.8% | 8.3% |
Pre-tax income | 180.7 | 125.6 | 56.5 | 237.3 | 393.6 | 418.4 | 185.3 | 46.8 |
Income taxes | 63.5 | 42.7 | 20.7 | 69.1 | 116.9 | 128.4 | 24.5 | -2.1 |
Tax rate | 35.1% | 34.0% | 36.6% | 29.1% | 29.7% | 30.7% | 13.2% | |
Net income | 114.0 | 80.6 | 34.3 | 162.2 | 276.7 | 274.5 | 143.7 | 43.3 |
Net margin | 10.9% | 9.4% | 4.4% | 14.1% | 21.6% | 23.2% | 19.2% | 8.6% |
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Diluted EPS | $0.64 | $0.45 | $0.19 | $888,767.12 | $1.50 | $1.49 | $0.79 | $0.30 |
Shares outstanding (diluted) | 178.1 | 180.4 | 180.7 | 0.0 | 184.3 | 183.8 | 181.7 | 145.0 |
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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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