In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K |
Revenues: |
Video Solutions | | | | | | 4.9 |
Voice and Network Solutions | | | | | | 7.3 |
Total revenues | 31.9 | 28.7 | 28.5 | 28.3 | 26.1 | 12.2 |
Revenue growth | 11.0% | 0.7% | 0.8% | 8.4% | 114.3% | |
Cost of goods sold | 12.7 | 11.8 | 12.1 | 11.8 | 11.4 | 7.2 |
Gross profit | 19.1 | 16.9 | 16.4 | 16.5 | 14.7 | 5.0 |
Gross margin | 60.1% | 58.8% | 57.6% | 58.2% | 56.5% | 40.8% |
Selling, general and administrative [+] | 15.7 | 14.4 | 14.2 | 14.4 | 17.5 | 8.6 |
Sales and marketing | 6.8 | 6.7 | 6.8 | 6.3 | 6.2 | |
General and administrative | 8.9 | 7.7 | 7.4 | 8.1 | 11.3 | |
Research and development | 2.0 | 1.9 | 2.6 | 2.9 | 3.0 | 2.2 |
Other operating expenses | 2.4 | 2.8 | 2.8 | 3.1 | 2.9 | 1.0 |
EBITDA [+] | 3.3 | 1.8 | 0.8 | 0.3 | -4.7 | -5.5 |
EBITDA growth | 82.9% | 124.4% | 218.0% | -105.4% | -14.1% | |
EBITDA margin | 10.5% | 6.3% | 2.8% | 0.9% | -18.1% | -45.1% |
Depreciation | 2.5 | 1.9 | 1.8 | 2.0 | 1.7 | 0.5 |
EBITA | 0.8 | -0.1 | -1.0 | -1.7 | -6.4 | -6.0 |
EBITA margin | 2.5% | -0.2% | -3.4% | -6.1% | -24.6% | -49.2% |
Amortization of intangibles | 1.8 | 2.2 | 2.2 | 2.2 | 2.2 | 0.7 |
EBIT [+] | -1.0 | -2.3 | -3.2 | -3.9 | -8.6 | -6.7 |
EBIT growth | -56.2% | -28.7% | -19.1% | -54.6% | 28.0% | |
EBIT margin | -3.1% | -7.9% | -11.1% | -13.8% | -33.0% | -55.3% |
Non-recurring items [+] | | | | | 2.4 | |
Asset impairment | | | | | 2.4 | |
Interest expense, net [+] | 5.1 | 3.2 | 3.3 | 4.1 | 6.2 | 5.8 |
Interest expense | 5.1 | 3.2 | 3.3 | 4.1 | 6.2 | 5.9 |
Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
Other income (expense), net [+] | | | 17.3 | 3.8 | 11.1 | 1.9 |
Gain (loss) on debt retirement | | | 16.5 | | | |
Gain (loss) on derivative instruments | | | 0.8 | | | |
Other | -5.1 | -3.2 | 14.0 | | | |
Pre-tax income | -6.1 | -5.4 | 10.8 | -4.2 | -6.1 | -10.6 |
Income taxes | 0.1 | -0.1 | 0.2 | 0.0 | 0.0 | 0.0 |
Tax rate | | 2.0% | 2.1% | 0.0% | 0.0% | 0.0% |
Earnings from continuing ops | -6.2 | -5.3 | 10.6 | -4.2 | -6.1 | -19.5 |
Earnings from discontinued ops | | | | -8.1 | -3.6 | |
Net income | -6.2 | -5.3 | 10.6 | -12.3 | -9.7 | -19.5 |
Net margin | -19.5% | -18.6% | 37.1% | -43.4% | -37.1% | -160.4% |
|
Basic EPS [+] | ($1.28) | ($1.12) | $4.53 | ($0.13) | ($0.23) | ($1.06) |
Growth | 13.5% | -124.8% | -3491.0% | -41.0% | -78.6% | |
Diluted EPS [+] | ($1.28) | ($1.12) | $4.53 | ($0.13) | ($0.23) | ($1.06) |
Growth | 13.5% | -124.8% | -3491.0% | -41.0% | -78.6% | |
|
Shares outstanding (basic) [+] | 4.9 | 4.7 | 2.3 | 31.5 | 26.7 | 18.5 |
Growth | 2.3% | 103.2% | -92.6% | 17.9% | 44.8% | |
Shares outstanding (diluted) [+] | 4.9 | 4.7 | 2.3 | 31.5 | 26.7 | 18.5 |
Growth | 2.3% | 103.2% | -92.6% | 17.9% | 44.8% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |