Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 5.0 | 4.4 | 4.2 | 3.5 | 3,683.9 |
Revenue growth | 13.7% | 5.8% | 20.2% | -99.9% | |
Cost of goods sold | 2.5 | 2.1 | 1.8 | 1.3 | 1,261.9 |
Gross profit | 2.5 | 2.3 | 2.3 | 2.1 | 2,422.0 |
Gross margin | 49.5% | 52.4% | 56.0% | 61.3% | 65.7% |
Selling, general and administrative | | | 0.9 | | 638.2 |
General and administrative | 1.0 | 1.0 | 0.3 | 0.5 | 202.2 |
EBIT | 1.5 | 1.3 | 1.4 | 1.7 | 1,783.8 |
EBIT margin | 29.0% | 29.1% | 34.4% | 47.8% | 48.4% |
Pre-tax income | 0.5 | 0.4 | 1.2 | 0.9 | 1,534.0 |
Income taxes | 0.1 | 0.1 | 0.6 | 0.3 | 577.1 |
Tax rate | 20.0% | 14.3% | 49.8% | 33.1% | 37.6% |
Net income | 0.4 | 0.4 | 0.6 | 0.6 | 956.8 |
Net margin | 8.7% | 8.6% | 14.1% | 16.9% | 26.0% |
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Diluted EPS | $0.20 | $0.18 | | | |
Shares outstanding (diluted) | 2.2 | 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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