Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 142.2 | 153.6 | 173.7 | 217.3 | 138.5 | 135.4 | 135.6 | 129.8 |
Revenue growth | -7.4% | -11.6% | -20.1% | 56.9% | 2.3% | -0.1% | 4.5% | -7.7% |
Cost of goods sold | 66.4 | 60.3 | 51.2 | 47.0 | 41.9 | 42.6 | 44.8 | 43.9 |
Gross profit | 75.8 | 93.3 | 122.5 | 170.3 | 96.6 | 92.8 | 90.8 | 85.9 |
Gross margin | 53.3% | 60.7% | 70.5% | 78.4% | 69.8% | 68.5% | 67.0% | 66.2% |
Selling, general and administrative | | | | | | 5.5 | | |
Sales and marketing | 2.0 | 3.2 | 5.8 | 4.1 | 2.7 | 1.9 | 1.1 | 1.6 |
General and administrative | 7.8 | 7.0 | 8.3 | 5.2 | 4.0 | | 3.6 | 3.0 |
EBIT | 50.6 | 66.7 | 100.4 | 201.7 | 76.0 | 87.3 | 86.1 | 81.3 |
EBIT margin | 35.6% | 43.4% | 57.8% | 92.8% | 54.9% | 64.4% | 63.5% | 62.7% |
Pre-tax income | 46.9 | 66.7 | 88.7 | 133.5 | 76.0 | 74.4 | 72.9 | 67.2 |
Income taxes | 10.7 | 15.4 | 36.9 | 61.0 | 31.2 | 30.1 | 29.3 | 26.9 |
Tax rate | 22.8% | 23.1% | 41.5% | 45.7% | 41.1% | 40.5% | 40.3% | 40.0% |
Net income | 36.2 | 51.3 | 51.9 | 72.5 | 44.8 | 44.2 | 43.5 | 40.3 |
Net margin | 25.4% | 33.4% | 29.9% | 33.4% | 32.3% | 32.7% | 32.1% | 31.1% |
|
Diluted EPS | $1.01 | $1.38 | $1.38 | $1.97 | $1.23 | $1.23 | $1.23 | $1.17 |
Shares outstanding (diluted) | 35.8 | 37.1 | 37.5 | 36.8 | 36.3 | 35.9 | 35.3 | 34.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|