Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 364.3 | 296.4 | 326.8 | 422.2 | 677.4 | 3,321.3 | 3,223.6 | 2,736.9 |
Revenue growth | 22.9% | -9.3% | -22.6% | -37.7% | -79.6% | 3.0% | 17.8% | 341.8% |
Cost of goods sold | 166.8 | 169.5 | 163.9 | 147.0 | 166.5 | 169.3 | 157.7 | 136.2 |
Gross profit | 197.5 | 126.9 | 162.9 | 275.2 | 510.9 | 3,152.0 | 3,065.9 | 2,600.7 |
Gross margin | 54.2% | 42.8% | 49.8% | 65.2% | 75.4% | 94.9% | 95.1% | 95.0% |
Selling, general and administrative | 14.1 | 15.8 | 19.8 | 13.2 | 9.7 | 0.0 | 0.0 | 0.0 |
EBIT | -1,644.2 | -1,819.1 | -2,089.1 | -1,026.9 | -3,670.2 | -3,282.7 | -3,050.2 | -2,519.1 |
EBIT margin | -451.4% | -613.7% | -639.2% | -243.3% | -541.8% | -98.8% | -94.6% | -92.0% |
Pre-tax income | 89.9 | 108.4 | 164.4 | 98.3 | 331.6 | 874.0 | 732.9 | 481.7 |
Income taxes | 3.7 | 3.5 | 3.8 | 4.1 | -4.4 | 346.7 | 287.3 | 185.9 |
Tax rate | 4.1% | 3.3% | 2.3% | 4.1% | | 39.7% | 39.2% | 38.6% |
Net income | 157.6 | 185.2 | 249.1 | -736.0 | 537.2 | 527.2 | 445.6 | 295.9 |
Net margin | 43.3% | 62.5% | 76.2% | -174.3% | 79.3% | 15.9% | 13.8% | 10.8% |
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Diluted EPS | $0.32 | $0.37 | $0.50 | ($1.49) | $1.09 | $1.07 | $0.90 | $0.58 |
Shares outstanding (diluted) | 500.2 | 498.1 | 496.6 | 494.6 | 494.3 | 491.3 | 495.9 | 510.1 |
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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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