Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 598.0 | 581.0 | 586.0 |
Revenue growth | 2.9% | -0.9% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 |
Gross profit | 598.0 | 581.0 | 586.0 |
Gross margin | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | 181.0 | 184.0 | 182.0 |
EBIT | 611.0 | 665.0 | 475.0 |
EBIT margin | 102.2% | 114.5% | 81.1% |
Pre-tax income | 126.0 | 191.0 | 182.0 |
Income taxes | 48.0 | 70.0 | 66.0 |
Tax rate | 38.1% | 36.6% | 36.3% |
Net income | 78.0 | 121.0 | 116.0 |
Net margin | 13.0% | 20.8% | 19.8% |
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Diluted EPS | $35.40 | | |
Shares outstanding (diluted) | 2.2 | | |
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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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