Financial Summary (All financials)
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 |
Revenues | 343.3 | 258.2 | 309.4 | 402.8 | 428.0 | 224.6 | 0.0 |
Revenue growth | 33.0% | -16.6% | -23.2% | -5.9% | 90.5% | | |
Cost of goods sold | 397.7 | 358.1 | 331.6 | 424.3 | 379.6 | 133.4 | 0.0 |
Gross profit | -54.4 | -99.9 | -22.2 | -21.5 | 48.4 | 91.2 | 0.0 |
Gross margin | -15.8% | -38.7% | -7.2% | -5.3% | 11.3% | 40.6% | |
Selling, general and administrative | 12.3 | 15.9 | 16.9 | 17.9 | 18.1 | 15.0 | 0.2 |
EBIT | 67.6 | -2.3 | 72.7 | 138.5 | 188.0 | 64.9 | -0.2 |
EBIT margin | 19.7% | -0.9% | 23.5% | 34.4% | 43.9% | 28.9% | |
Pre-tax income | 25.4 | -49.7 | 52.6 | 121.0 | 155.8 | 52.9 | 0.3 |
Income taxes | 0.9 | 0.8 | 0.6 | 1.6 | 1.4 | 1.0 | 0.0 |
Tax rate | 3.5% | | 1.2% | 1.3% | 0.9% | 2.0% | 0.0% |
Net income | 24.5 | -50.6 | 52.0 | 119.4 | 154.4 | 51.8 | 0.3 |
Net margin | 7.1% | -19.6% | 16.8% | 29.7% | 36.1% | 23.1% | |
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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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