Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 538.1 | 750.0 | 1,038.2 | 1,128.4 | 1,600.3 | 1,520.7 | 1,177.8 | 1,097.0 |
Revenue growth | -28.3% | -27.8% | -8.0% | -29.5% | 5.2% | 29.1% | 7.4% | 32.7% |
Cost of goods sold | 537.3 | 665.7 | 629.0 | 711.6 | 741.0 | 541.2 | 462.9 | 385.8 |
Gross profit | 0.8 | 84.3 | 409.2 | 416.8 | 859.3 | 979.5 | 714.9 | 711.2 |
Gross margin | 0.1% | 11.2% | 39.4% | 36.9% | 53.7% | 64.4% | 60.7% | 64.8% |
Selling, general and administrative | 34.4 | 34.4 | 45.8 | 44.8 | | | | |
General and administrative | | | | | 41.2 | 52.3 | 51.4 | 49.6 |
EBIT | -4,244.0 | 50.6 | 360.2 | 462.7 | 818.1 | 833.9 | 611.1 | 483.3 |
EBIT margin | -788.7% | 6.7% | 34.7% | 41.0% | 51.1% | 54.8% | 51.9% | 44.1% |
Pre-tax income | -4,558.9 | -223.3 | 160.7 | 275.6 | 632.2 | 589.0 | 349.4 | 448.6 |
Income taxes | 30.0 | -36.1 | 86.7 | 40.3 | 86.5 | 100.6 | 34.8 | 33.2 |
Tax rate | | 16.2% | 54.0% | 14.6% | 13.7% | 17.1% | 10.0% | 7.4% |
Net income | -2,550.9 | -92.9 | 56.1 | 141.2 | 281.0 | 257.2 | 138.2 | 144.4 |
Net margin | -474.1% | -12.4% | 5.4% | 12.5% | 17.6% | 16.9% | 11.7% | 13.2% |
|
Diluted EPS | ($277.80) | ($10.12) | | | $2.28 | $2.45 | $1.75 | $1.83 |
Shares outstanding (diluted) | 9.2 | 9.2 | | | 123.2 | 105.0 | 79.0 | 78.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|