Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 2,115.2 | 2,515.4 | 3,784.4 | 4,031.0 | 4,065.6 | 3,761.2 | 1,639.9 | 1,498.2 |
Revenue growth | -15.9% | -33.5% | -6.1% | -0.9% | 8.1% | 129.4% | 9.5% | |
Cost of goods sold | 1,685.6 | 1,866.2 | 2,929.5 | 3,184.0 | 2,984.6 | 2,821.1 | 90.4 | 90.0 |
Gross profit | 429.7 | 649.2 | 854.9 | 847.0 | 1,081.0 | 940.1 | 1,549.6 | 1,408.2 |
Gross margin | 20.3% | 25.8% | 22.6% | 21.0% | 26.6% | 25.0% | 94.5% | 94.0% |
Selling, general and administrative | 32.0 | 32.4 | 26.4 | 22.3 | 22.8 | 15.6 | 14.4 | 16.6 |
EBIT | 32.7 | 203.5 | 218.0 | 178.7 | 423.4 | 330.8 | -7.7 | -39.2 |
EBIT margin | 1.5% | 8.1% | 5.8% | 4.4% | 10.4% | 8.8% | -0.5% | -2.6% |
Pre-tax income | -3.9 | 157.6 | 171.9 | 138.2 | 385.4 | 297.0 | 0.0 | 0.0 |
Income taxes | 0.5 | 0.7 | 2.8 | 2.0 | 3.5 | 2.6 | 0.0 | 0.0 |
Tax rate | | 0.4% | 1.6% | 1.4% | 0.9% | 0.9% | | |
Net income | -4.4 | 156.9 | 169.1 | 136.2 | 381.9 | 294.4 | 0.0 | 0.0 |
Net margin | -0.2% | 6.2% | 4.5% | 3.4% | 9.4% | 7.8% | 0.0% | 0.0% |
|
Diluted EPS | ($0.07) | $2.51 | $2.71 | $2.18 | $6.11 | | | |
Shares outstanding (diluted) | 62.5 | 62.5 | 62.5 | 62.5 | 62.5 | | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|