Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 815.8 | 1,011.0 | 1,315.9 | 809.0 | 797.9 | 596.3 | 550.5 | 583.1 |
Revenue growth | -19.3% | -23.2% | 62.6% | 1.4% | 33.8% | 8.3% | -5.6% | -6.2% |
Cost of goods sold | 788.9 | 960.8 | 1,269.6 | 794.0 | 734.2 | 555.5 | 492.1 | 520.9 |
Gross profit | 26.9 | 50.2 | 46.3 | 15.1 | 63.7 | 40.8 | 58.4 | 62.2 |
Gross margin | 3.3% | 5.0% | 3.5% | 1.9% | 8.0% | 6.8% | 10.6% | 10.7% |
Selling, general and administrative | 26.7 | 30.4 | 30.6 | 36.5 | 37.3 | 32.1 | 30.6 | 32.3 |
EBITA | 28.7 | 16.3 | 10.5 | -19.8 | 29.2 | 23.5 | 29.5 | 33.6 |
EBITA margin | 3.5% | 1.6% | 0.8% | -2.5% | 3.7% | 3.9% | 5.4% | 5.8% |
Amortization of intangibles | 3.2 | 2.6 | 2.3 | 1.6 | 1.5 | 1.6 | 1.4 | 3.7 |
EBIT | 25.5 | 13.8 | 8.2 | -21.5 | 27.7 | 21.9 | 28.2 | 30.0 |
EBIT margin | 3.1% | 1.4% | 0.6% | -2.7% | 3.5% | 3.7% | 5.1% | 5.1% |
Pre-tax income | -48.6 | -73.2 | -77.6 | -46.4 | -1.2 | -52.6 | 8.5 | 15.8 |
Income taxes | 0.7 | 3.5 | 9.4 | -1.8 | -1.9 | -13.6 | 1.3 | 4.3 |
Tax rate | | | | 3.8% | 151.8% | 25.8% | 15.5% | 27.5% |
Earnings from continuing ops | -61.1 | -94.5 | -87.0 | -44.6 | 0.6 | -39.0 | 7.1 | 51.3 |
Earnings from discontinued ops | 0.8 | -21.6 | 7.8 | 6.0 | -0.3 | -1.6 | -1.6 | -31.2 |
Net income | -60.3 | -116.1 | -79.2 | -38.6 | 0.4 | -40.6 | 5.5 | 20.1 |
Net margin | -7.4% | -11.5% | -6.0% | -4.8% | 0.0% | -6.8% | 1.0% | 3.4% |
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Diluted EPS | ($1.50) | ($4.97) | ($5.77) | ($2.97) | $0.05 | ($3.18) | $0.58 | $4.25 |
Shares outstanding (diluted) | 40.6 | 19.0 | 15.1 | 15.0 | 13.7 | 12.3 | 12.2 | 12.1 |
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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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