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 | 671.9 | 639.8 | 603.7 | 544.6 | 498.8 | 499.2 | 489.8 | 473.0 |
Revenue growth | 5.0% | 6.0% | 10.9% | 9.2% | -0.1% | 1.9% | 3.6% | 11.5% |
Cost of goods sold | 249.5 | 230.1 | 220.9 | 211.3 | 203.4 | 207.3 | 203.6 | 313.7 |
Gross profit | 422.4 | 409.7 | 382.9 | 333.3 | 295.4 | 291.9 | 286.2 | 159.3 |
Gross margin | 62.9% | 64.0% | 63.4% | 61.2% | 59.2% | 58.5% | 58.4% | 33.7% |
General and administrative | 26.7 | 28.5 | 34.2 | 29.1 | 25.1 | 24.5 | 25.5 | 23.4 |
EBIT | 427.8 | 409.7 | 382.9 | 333.3 | 295.4 | 148.8 | 32.3 | 32.2 |
EBIT margin | 63.7% | 64.0% | 63.4% | 61.2% | 59.2% | 29.8% | 6.6% | 6.8% |
Pre-tax income | 108.8 | 103.4 | 70.5 | 39.2 | 23.9 | 27.1 | 43.6 | 82.5 |
Income taxes | 0.0 | 0.0 | 0.0 | -0.5 | 3.3 | -37.0 | -57.7 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | | 13.8% | | | 0.0% |
Earnings from continuing ops | -1.5 | 72.7 | 42.2 | 29.3 | 17.7 | -9.9 | -35.1 | 6.3 |
Earnings from discontinued ops | 162.5 | 88.1 | 93.1 | 8.5 | 2.4 | 44.3 | 101.2 | 50.3 |
Net income | 160.9 | 160.9 | 135.3 | 37.9 | 20.1 | 34.4 | 66.1 | 56.6 |
Net margin | 24.0% | 25.1% | 22.4% | 7.0% | 4.0% | 6.9% | 13.5% | 12.0% |
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Diluted EPS | ($0.03) | $1.33 | $0.84 | $0.69 | $0.48 | ($0.30) | ($1.09) | $0.19 |
Shares outstanding (diluted) | 57.8 | 54.8 | 50.4 | 42.5 | 37.2 | 33.2 | 32.3 | 33.8 |
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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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