In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
One Original Equipment Manufacturer Customer | 14.7 | 21.7 | 22.7 | | | | | |
Other | 13.6 | 15.1 | 17.1 | | | | | |
Total revenues | 28.4 | 36.8 | 39.7 | 41.2 | 51.8 | 60.5 | 61.6 | 48.1 |
Revenue growth [+] | -23.0% | -7.3% | -3.6% | -20.4% | -14.4% | -1.7% | 28.0% | -4.7% |
One Original Equipment Manufacturer Customer | -32.2% | -4.0% | | | | | | |
Cost of goods sold [+] | 22.5 | 28.8 | 28.8 | 28.8 | 36.8 | 45.8 | 44.0 | 36.3 |
Non-recurring costs | | | | | | | | 0.3 |
Gross profit | 5.9 | 8.1 | 10.9 | 12.5 | 15.0 | 14.7 | 17.6 | 11.8 |
Gross margin | 20.8% | 21.9% | 27.4% | 30.2% | 28.9% | 24.3% | 28.5% | 24.5% |
Selling, general and administrative | 8.3 | 11.8 | 11.9 | 12.4 | 13.3 | 14.9 | 16.7 | 11.9 |
Research and development | 4.0 | 4.7 | 7.8 | 6.5 | 4.7 | 6.7 | 7.4 | 4.4 |
Other operating expenses | | | | | | | | 3.0 |
EBITDA [+] | -5.7 | -7.6 | -7.9 | -5.5 | -1.9 | -5.5 | -4.8 | -6.2 |
EBITDA growth | -25.7% | -3.3% | 45.1% | 185.3% | -65.4% | 15.6% | -22.4% | 16.0% |
EBITDA margin | -20.0% | -20.8% | -19.9% | -13.2% | -3.7% | -9.1% | -7.8% | -12.8% |
Depreciation | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.7 | 0.8 | 1.3 |
EBITA | -6.0 | -7.9 | -8.2 | -5.9 | -2.4 | -6.2 | -5.6 | -7.4 |
EBITA margin | -21.0% | -21.5% | -20.7% | -14.2% | -4.6% | -10.3% | -9.1% | -15.5% |
Amortization of intangibles | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.9 | |
EBIT [+] | -6.4 | -8.4 | -8.8 | -6.5 | -3.1 | -6.9 | -6.5 | -7.4 |
EBIT growth | -24.5% | -4.6% | 36.8% | 108.1% | -55.3% | 6.5% | -12.3% | 11.0% |
EBIT margin | -22.4% | -22.9% | -22.2% | -15.7% | -6.0% | -11.5% | -10.6% | -15.5% |
Non-recurring items [+] | -0.5 | 7.2 | 1.5 | 1.2 | 1.2 | 0.9 | | -3.6 |
Asset impairment | -0.5 | 7.2 | 1.5 | 1.2 | 1.2 | 0.9 | | |
Loss (gain) on sale of assets | | | | | | | | -3.9 |
Non-recurring expenses in COGS | | | | | | | | 0.3 |
Interest expense, net [+] | 0.3 | 0.7 | 0.0 | 1.2 | 1.4 | 1.5 | 1.2 | 3.6 |
Interest expense | 0.3 | 0.7 | 0.0 | 1.2 | 1.4 | 1.5 | 1.2 | 3.6 |
Interest income | | | | | | 0.0 | 0.0 | 0.0 |
Other income (expense), net [+] | 0.9 | -8.1 | 1.5 | -0.2 | -0.8 | -0.8 | 0.8 | -1.8 |
Gain (loss) on investments | 0.8 | | | | | | | |
Gain (loss) on debt retirement | -0.2 | -12.4 | | | | | | |
Other | -0.2 | 0.9 | 0.0 | -0.2 | -0.8 | -0.8 | 0.8 | -1.8 |
Pre-tax income | -5.2 | -24.4 | -8.8 | -9.0 | -6.5 | -10.1 | -6.9 | -9.3 |
Income taxes | 0.1 | -1.0 | -0.4 | 0.1 | 0.3 | -0.4 | 0.3 | 0.0 |
Tax rate | | 3.9% | 4.5% | | | 3.6% | | |
Earnings from continuing ops | -5.3 | -23.5 | -8.4 | -9.1 | -6.8 | -9.7 | -7.2 | -9.3 |
Earnings from discontinued ops | | | | | -0.3 | | | 1.0 |
Net income | -5.3 | -23.5 | -8.5 | -9.3 | -7.1 | -9.7 | -7.3 | -8.3 |
Net margin | -18.6% | -63.7% | -21.5% | -22.6% | -13.7% | -16.0% | -11.9% | -17.3% |
|
Basic EPS [+] | ($0.34) | ($3.84) | ($2.67) | ($0.76) | ($0.83) | ($1.34) | ($1.30) | ($7.49) |
Growth | -91.3% | 43.8% | 252.1% | -8.1% | -38.4% | 3.6% | -82.7% | -56.6% |
Diluted EPS [+] | ($0.34) | ($3.84) | ($2.67) | ($0.76) | ($0.83) | ($1.34) | ($1.30) | ($7.49) |
Growth | -91.3% | 43.8% | 252.1% | -8.1% | -38.4% | 3.6% | -82.7% | -56.6% |
|
|
Shares outstanding (basic) [+] | 15.7 | 6.1 | 3.2 | 12.0 | 8.3 | 7.2 | 5.6 | 1.2 |
Growth | 157.8% | 93.8% | -73.8% | 44.9% | 14.6% | 29.7% | 350.3% | 125.1% |
Shares outstanding (diluted) [+] | 15.7 | 6.1 | 3.2 | 12.0 | 8.3 | 7.2 | 5.6 | 1.2 |
Growth | 157.8% | 93.8% | -73.8% | 44.9% | 14.6% | 29.7% | 350.3% | 125.1% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |