Financial Summary (All financials)
In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 869.4 | 735.4 | 693.0 | 611.6 | 454.3 | 383.8 | 539.3 | 562.6 |
Revenue growth | 18.2% | 6.1% | 13.3% | 34.6% | 18.3% | -28.8% | -4.1% | |
Cost of goods sold | 704.4 | 597.9 | 561.2 | 493.4 | 343.2 | 275.2 | 408.6 | 413.1 |
Gross profit | 165.0 | 137.5 | 131.8 | 118.1 | 111.0 | 108.6 | 130.8 | 149.5 |
Gross margin | 19.0% | 18.7% | 19.0% | 19.3% | 24.4% | 28.3% | 24.2% | 26.6% |
Selling, general and administrative | 104.1 | 90.1 | 82.8 | 14.3 | 10.7 | 8.6 | 8.6 | 8.3 |
EBIT | 44.9 | 33.4 | 32.7 | 21.3 | 0.9 | 42.2 | 30.5 | 79.0 |
EBIT margin | 5.2% | 4.5% | 4.7% | 3.5% | 0.2% | 11.0% | 5.6% | 14.1% |
Pre-tax income | 39.5 | 29.6 | 20.3 | 14.1 | -30.3 | 6.1 | -13.7 | 39.3 |
Income taxes | 17.6 | 12.1 | 7.7 | 6.1 | -13.3 | -17.0 | 0.0 | 15.0 |
Tax rate | 44.7% | 40.7% | 37.7% | 43.4% | 44.0% | | 0.0% | 38.0% |
Earnings from continuing ops | 21.0 | 16.7 | 12.3 | 8.0 | -17.0 | 23.2 | -13.7 | 24.4 |
Earnings from discontinued ops | -0.8 | -0.9 | -0.4 | | | | | |
Net income | 21.0 | 16.7 | 12.3 | 7.3 | -17.0 | 23.2 | -13.7 | 24.4 |
Net margin | 2.4% | 2.3% | 1.8% | 1.2% | -3.7% | 6.0% | -2.5% | 4.3% |
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Diluted EPS | $1.22 | $1.05 | $0.73 | $0.46 | ($1.01) | $1.38 | ($0.86) | $1.38 |
Shares outstanding (diluted) | 17.2 | 15.9 | 16.8 | 17.3 | 16.8 | 16.8 | 15.9 | 17.7 |
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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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