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TECUMSEH PRODUCTS CO (TECU)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K/A10-K10-K10-K10-K
Revenues:  
    South America  228.4282.7259.3277.7297.2   
    Europe  191.3207.1203.2210.8209.9   
    North America  141.5151.6186.3189.6197.2   
    UNITED STATES  125.8135.9168.0170.6171.8   
    Other  37.446.337.915.757.7   
Total revenues  724.4823.6854.7864.4933.8735.9996.41,136.1
            Revenue growth   [+]-12.0%-3.6%-1.1%-7.4%26.9%-26.1%-12.3%13.3%
Cost of goods sold  653.7745.5790.0826.5849.5687.6891.31,001.4
Gross profit  70.778.164.737.984.348.3105.1134.7
            Gross margin  9.8%9.5%7.6%4.4%9.0%6.6%10.5%11.9%
Selling, general and administrative  92.2104.9107.7108.1114.1125.2129.6131.8
EBITDA   [+]4.014.556.3-23.5-25.4-24.7-25.958.4
            EBITDA margin  0.6%1.8%6.6%-2.7%-2.7%-3.4%-2.6%5.1%
Depreciation and amortization  25.033.536.440.540.444.842.455.5
EBIT   [+]-21.0-19.019.9-64.0-65.8-69.5-68.32.9
            EBIT margin  -2.9%-2.3%2.3%-7.4%-7.0%-9.4%-6.9%0.3%
Non-recurring items   [+]     24.4  
Interest expense, net   [+]6.87.77.08.29.48.524.422.3
Other income (expense), net        9.76.2
Pre-tax income  -27.8-26.712.9-72.2-75.2-102.4-83.0-13.2
Income taxes  0.57.7-10.2-0.9-16.6-10.6-5.0-8.2
            Tax rate     1.2%22.1%10.4%6.0%62.1%
Earnings from continuing ops  -28.3-34.423.1-71.3-58.6-91.8-78.0-5.0
Earnings from discontinued ops        27.5-173.1
Net income  -32.7-37.522.6-73.2-56.8-93.4-50.5-178.1
            Net margin  -4.5%-4.6%2.6%-8.5%-6.1%-12.7%-5.1%-15.7%
   
Basic EPS   [+]($1.53)($1.86)$1.25($3.86)($3.17)($4.97)($4.22)($270.56)
Diluted EPS   [+]($1.53)($1.86)$1.25($3.86)($3.17)($4.97)($4.22)($270.56)
   
   
Shares outstanding (basic)   [+]18.518.518.518.518.518.518.50.0
Shares outstanding (diluted)   [+]18.518.518.518.518.518.518.50.0
   
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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