Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 391.7 | 407.0 | 406.6 | 391.9 | 381.1 | 407.3 | 399.8 | 308.6 |
Revenue growth | -3.7% | 0.1% | 3.8% | 2.8% | -6.4% | 1.9% | 29.6% | -27.7% |
Cost of goods sold | 150.8 | 152.9 | 138.2 | 133.7 | 139.1 | 151.1 | 141.5 | 133.3 |
Gross profit | 240.9 | 254.0 | 268.4 | 258.2 | 242.0 | 256.2 | 258.2 | 175.3 |
Gross margin | 61.5% | 62.4% | 66.0% | 65.9% | 63.5% | 62.9% | 64.6% | 56.8% |
Sales and marketing | 6.5 | 10.1 | 12.5 | 6.4 | 6.4 | 7.8 | 6.5 | 5.4 |
General and administrative | 77.4 | 76.8 | 71.9 | 70.7 | 67.4 | 65.2 | 65.5 | 64.7 |
EBIT | 157.0 | 167.2 | 184.0 | 108.6 | 82.2 | 183.2 | 186.3 | 105.2 |
EBIT margin | 40.1% | 41.1% | 45.3% | 27.7% | 21.6% | 45.0% | 46.6% | 34.1% |
Pre-tax income | 112.3 | 117.9 | 122.2 | 104.3 | 81.0 | 105.9 | 114.8 | 38.5 |
Income taxes | 40.7 | 29.8 | 26.3 | 37.7 | 27.9 | 38.7 | 41.1 | 10.8 |
Tax rate | 36.3% | 25.3% | 21.5% | 36.2% | 34.4% | 36.5% | 35.8% | 28.1% |
Net income | 62.8 | 79.3 | 87.1 | 59.4 | 53.1 | 67.2 | 73.7 | 27.7 |
Net margin | 16.0% | 19.5% | 21.4% | 15.2% | 13.9% | 16.5% | 18.4% | 9.0% |
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Diluted EPS | $0.63 | $0.79 | $0.89 | $0.61 | $0.56 | $0.72 | $0.80 | $0.31 |
Shares outstanding (diluted) | 100.4 | 100.0 | 98.4 | 97.1 | 95.5 | 93.3 | 91.8 | 90.6 |
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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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