Financial Summary (All financials)
| In millions, except per share items | Mar-31-10 | Mar-31-09 | Mar-31-08 | Mar-31-07 | Mar-31-06 | Mar-31-05 | Mar-31-04 | Mar-31-03 |
| Revenues | 292.3 | 250.5 | 187.4 | 100.9 | 62.5 | 48.1 | 18.2 | 14.7 |
| Revenue growth | 16.7% | 33.6% | 85.7% | 61.4% | 29.9% | 164.3% | 24.0% | -7.4% |
| Cost of goods sold | 159.6 | 136.4 | 100.9 | 56.9 | 38.8 | -25.2 | -21.5 | -25.8 |
| Gross profit | 132.8 | 114.0 | 86.5 | 44.0 | 23.7 | 73.3 | 39.7 | 40.5 |
| Gross margin | 45.4% | 45.5% | 46.2% | 43.6% | 37.9% | 152.2% | 217.8% | 275.7% |
| Sales and marketing | 28.8 | 26.5 | 20.9 | 11.4 | 8.5 | 5.4 | 3.4 | 4.2 |
| General and administrative | 34.8 | 36.8 | 32.3 | 17.6 | 15.6 | 13.2 | 13.3 | 12.5 |
| EBIT | 31.3 | 22.5 | 14.7 | 4.0 | -9.1 | -13.1 | -20.6 | -21.3 |
| EBIT margin | 10.7% | 9.0% | 7.8% | 3.9% | -14.6% | -27.2% | -113.0% | -145.0% |
| Pre-tax income | -29.7 | -10.6 | -41.4 | -14.7 | -37.1 | -9.9 | -22.5 | -41.2 |
| Income taxes | 2.0 | -0.1 | 0.8 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | | 0.7% | | | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -32.6 | -11.4 | -43.0 | -15.6 | -37.9 | -10.8 | -23.6 | -41.4 |
| Net margin | -11.2% | -4.5% | -23.0% | -15.5% | -60.6% | -22.4% | -129.8% | -281.7% |
| |
| Diluted EPS | ($0.51) | ($0.19) | ($0.74) | ($0.35) | ($0.88) | ($0.27) | ($0.78) | ($1.76) |
| Shares outstanding (diluted) | 64.0 | 59.4 | 58.1 | 44.3 | 43.0 | 40.6 | 30.5 | 23.5 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|