Financial Summary (All financials)
In millions, except per share items | Sep-30-06 | Sep-30-05 | Sep-30-04 | Sep-30-03 | Sep-30-02 | Sep-30-01 | Sep-30-00 |
Revenues | 1,570.0 | 1,676.0 | 1,912.0 | 1,839.0 | 1,923.0 | 2,886.0 | 4,708.0 |
Revenue growth | -6.3% | -12.3% | 4.0% | -4.4% | -33.4% | -38.7% | |
Cost of goods sold | 808.0 | 1,012.0 | 1,046.0 | 1,260.0 | 1,429.0 | 1,971.0 | 2,555.0 |
Gross profit | 762.0 | 664.0 | 866.0 | 579.0 | 494.0 | 915.0 | 2,153.0 |
Gross margin | 48.5% | 39.6% | 45.3% | 31.5% | 25.7% | 31.7% | 45.7% |
Selling, general and administrative | 225.0 | 234.0 | 272.0 | 294.0 | 326.0 | 523.0 | 535.0 |
Research and development | 445.0 | 462.0 | 496.0 | 467.0 | 625.0 | 815.0 | 827.0 |
EBITA | 11.0 | -47.0 | -95.0 | -292.0 | -695.0 | -1,254.0 | 602.0 |
EBITA margin | 0.7% | -2.8% | -5.0% | -15.9% | -36.1% | -43.5% | 12.8% |
Amortization of intangibles | 5.0 | 6.0 | 7.0 | 8.0 | | | |
EBIT | 6.0 | -53.0 | -102.0 | -300.0 | -695.0 | -1,254.0 | 602.0 |
EBIT margin | 0.4% | -3.2% | -5.3% | -16.3% | -36.1% | -43.5% | 12.8% |
Pre-tax income | 22.0 | -138.0 | -240.0 | -325.0 | -740.0 | -1,343.0 | 131.0 |
Income taxes | 5.0 | -130.0 | -150.0 | 46.0 | 63.0 | 111.0 | 207.0 |
Tax rate | 22.7% | 94.2% | 62.5% | | | | 158.0% |
Net income | 20.0 | -8.0 | -90.0 | -338.0 | -1,811.0 | -4,616.0 | -76.0 |
Net margin | 1.3% | -0.5% | -4.7% | -18.4% | -94.2% | -159.9% | -1.6% |
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Diluted EPS | $0.10 | ($0.05) | ($0.53) | ($2.23) | ($0.49) | ($1.09) | ($0.07) |
Shares outstanding (diluted) | 175.4 | 177.8 | 171.2 | 166.5 | 1,637.0 | 1,334.0 | 1,035.0 |
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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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