Financial Summary (All financials)
In millions, except per share items | May-30-09 | May-31-08 | May-26-07 | May-27-06 | May-28-05 | May-29-04 | May-31-03 | May-31-02 |
Revenues | 287.1 | 378.6 | 400.5 | 304.0 | 187.0 | 156.4 | 94.6 | 86.5 |
Revenue growth | -24.2% | -5.5% | 31.8% | 62.6% | 19.6% | 65.4% | 9.3% | -53.0% |
Cost of goods sold | 264.9 | 340.8 | 334.9 | 250.4 | 163.2 | 136.4 | 97.0 | 87.1 |
Gross profit | 22.2 | 37.9 | 65.6 | 53.6 | 23.8 | 20.0 | -2.4 | -0.6 |
Gross margin | 7.7% | 10.0% | 16.4% | 17.6% | 12.7% | 12.8% | -2.5% | -0.7% |
Selling, general and administrative | 34.9 | 41.0 | 44.5 | 32.6 | 18.3 | 12.8 | 11.3 | 11.2 |
EBITA | -39.7 | -20.6 | -62.0 | 13.2 | -2.6 | 1.2 | -21.9 | -17.4 |
EBITA margin | -13.8% | -5.4% | -15.5% | 4.3% | -1.4% | 0.7% | -23.2% | -20.1% |
Amortization of intangibles | 2.0 | 2.3 | 2.7 | 3.1 | | | | |
EBIT | -41.7 | -22.9 | -64.8 | 10.1 | -2.6 | 1.2 | -21.9 | -17.4 |
EBIT margin | -14.5% | -6.0% | -16.2% | 3.3% | -1.4% | 0.7% | -23.2% | -20.1% |
Pre-tax income | -46.0 | -22.9 | -69.8 | 2.4 | -2.6 | 0.0 | -23.5 | -16.7 |
Income taxes | 2.6 | 1.5 | 1.4 | 0.5 | 0.0 | 0.0 | 6.6 | -7.1 |
Tax rate | | | | 18.8% | | 0.0% | | 42.7% |
Earnings from continuing ops | -49.3 | -25.6 | -71.9 | 1.6 | -2.6 | 0.0 | -30.1 | -9.6 |
Earnings from discontinued ops | | | -0.5 | -0.2 | | | | |
Net income | -49.3 | -25.6 | -72.4 | 1.4 | -2.6 | 0.0 | -30.1 | -9.6 |
Net margin | -17.2% | -6.7% | -18.1% | 0.5% | -1.4% | 0.0% | -31.8% | -11.1% |
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Diluted EPS | ($2.34) | ($1.22) | ($3.52) | $0.08 | ($0.14) | $0.00 | ($2.07) | ($0.68) |
Shares outstanding (diluted) | 21.1 | 21.0 | 20.4 | 19.7 | 19.2 | 16.8 | 14.5 | 14.1 |
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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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