Financial Summary (All financials)
In millions, except per share items | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 1,351.5 | 1,192.4 | 1,106.3 | 1,278.9 | 1,293.2 |
Revenue growth | 13.3% | 7.8% | -13.5% | -1.1% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 1,351.5 | 1,192.4 | 1,106.3 | 1,278.9 | 1,293.2 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | 85.6 | 75.8 | 72.1 | 82.8 | 85.5 |
EBIT | 93.9 | 20.9 | 14.7 | -14.7 | 54.1 |
EBIT margin | 6.9% | 1.7% | 1.3% | -1.1% | 4.2% |
Pre-tax income | 25.3 | -13.0 | -67.6 | -92.7 | -54.7 |
Income taxes | 10.0 | -9.1 | -26.4 | -36.2 | -21.3 |
Tax rate | 39.4% | 70.4% | 39.0% | 39.0% | 39.0% |
Earnings from continuing ops | 15.3 | -3.8 | -41.2 | -56.6 | -33.4 |
Earnings from discontinued ops | 422.0 | 89.5 | -316.7 | -37.5 | 0.3 |
Net income | 271.2 | 50.7 | -234.4 | -79.4 | -33.2 |
Net margin | 20.1% | 4.3% | -21.2% | -6.2% | -2.6% |
|
Diluted EPS | $0.52 | ($0.13) | ($1.45) | ($2.00) | ($1.17) |
Shares outstanding (diluted) | 29.5 | 28.7 | 28.5 | 28.3 | 28.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|