In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
Revenues: |
Intermec-branded products | 529.6 | 598.8 | 545.3 | 519.6 | | | | |
Intermec-branded services | 138.2 | 143.1 | 133.9 | 138.6 | | | | |
Voice solutions | 122.2 | 106.2 | | | | | | |
Total revenues [+] | 790.1 | 848.2 | 679.1 | 658.2 | 152.5 | 849.2 | 850.0 | 875.5 |
Products | 617.4 | 677.0 | 545.3 | 519.6 | 738.4 | 692.1 | 692.4 | 721.0 |
Services | 172.7 | 171.2 | 133.9 | 138.6 | 152.5 | 157.2 | 157.6 | 154.5 |
Revenue growth [+] | -6.8% | 24.9% | 3.2% | 331.7% | -82.0% | -0.1% | -2.9% | 10.6% |
Intermec-branded products | -11.6% | 9.8% | 4.9% | | | | | |
Intermec-branded services | -3.4% | 6.9% | -3.4% | | | | | |
Voice solutions | 15.1% | | | | | | | |
Cost of goods sold [+] | 474.1 | 501.4 | 421.5 | 409.6 | 536.1 | 522.4 | 517.9 | 512.6 |
Cost of product sales | 384.1 | 404.6 | 341.2 | 331.1 | 448.2 | 432.2 | 429.7 | 420.7 |
Cost of services | 90.0 | 96.9 | 80.3 | 78.5 | 87.9 | 90.2 | 88.2 | 91.9 |
Gross profit | 316.0 | 346.7 | 257.6 | 248.6 | -383.6 | 326.9 | 332.0 | 362.9 |
Gross margin | 40.0% | 40.9% | 37.9% | 37.8% | -251.6% | 38.5% | 39.1% | 41.4% |
Selling, general and administrative [+] | 246.8 | 250.3 | 184.9 | 187.9 | 232.2 | 258.1 | 227.9 | 237.8 |
Sales and marketing | | | | | | 37.4 | | |
General and administrative | | | | | | 220.7 | | |
Research and development | 82.5 | 84.4 | 69.5 | 59.6 | | | 72.4 | 66.5 |
Other operating expenses | -5.7 | 5.6 | -2.9 | | -662.9 | 49.2 | | |
EBITDA [+] | 27.9 | 34.7 | 21.0 | 17.0 | 63.5 | 32.8 | 42.8 | 46.3 |
EBITDA growth | -19.8% | 65.2% | 23.4% | -73.2% | 93.4% | -23.3% | -7.5% | 13.5% |
EBITDA margin | 3.5% | 4.1% | 3.1% | 2.6% | 41.7% | 3.9% | 5.0% | 5.3% |
Depreciation | 18.0 | 16.5 | 15.0 | 14.8 | 16.5 | 13.3 | 10.9 | 9.9 |
EBITA | 9.9 | 18.3 | 6.1 | 2.2 | 47.0 | 19.5 | 31.9 | 36.5 |
EBITA margin | 1.3% | 2.2% | 0.9% | 0.3% | 30.9% | 2.3% | 3.8% | 4.2% |
Amortization of intangibles | 17.5 | 11.8 | 0.0 | 1.1 | | | | |
EBIT [+] | -7.6 | 6.5 | 6.1 | 1.1 | 47.0 | 19.5 | 31.9 | 36.5 |
EBIT growth | -217.2% | 6.8% | 439.6% | -97.6% | 140.9% | -38.8% | -12.5% | 21.6% |
EBIT margin | -1.0% | 0.8% | 0.9% | 0.2% | 30.9% | 2.3% | 3.8% | 4.2% |
Non-recurring items [+] | 56.1 | 12.7 | 5.8 | 20.6 | | | 11.6 | |
Asset impairment | 51.2 | 0.9 | 3.0 | | | | | |
Interest income, net [+] | -2.8 | -2.2 | -0.1 | 0.3 | 4.8 | 1.8 | 6.5 | -4.0 |
Interest expense | 3.1 | 2.9 | 1.3 | 1.0 | 2.5 | 8.9 | 9.4 | 11.0 |
Interest income | 0.3 | 0.6 | 1.2 | 1.3 | 4.8 | 10.7 | 15.9 | 7.0 |
Other income (expense), net [+] | | | | | | 17.9 | 18.7 | 22.1 |
Gain (loss) on sale of assets | -5.2 | | -2.9 | | | | | |
Gain (loss) on investments | | | | | | | 2.3 | |
Pre-tax income | -66.5 | -8.5 | 0.2 | -19.1 | 49.3 | 39.2 | 45.6 | 54.5 |
Income taxes | 216.0 | 22.3 | 5.5 | -8.3 | 13.6 | 14.8 | 10.6 | 13.9 |
Tax rate | | | 2477.2% | 43.2% | 27.6% | 37.9% | 23.2% | 25.5% |
Earnings from continuing ops | -282.5 | -30.8 | -5.3 | -10.9 | 35.7 | 24.3 | 35.0 | 40.6 |
Earnings from discontinued ops | | | | | | -1.3 | -3.0 | 21.1 |
Net income | -282.5 | -30.8 | -5.3 | -10.9 | 35.7 | 23.1 | 32.0 | 61.8 |
Net margin | -35.8% | -3.6% | -0.8% | -1.7% | 23.4% | 2.7% | 3.8% | 7.1% |
|
Basic EPS [+] | ($4.68) | ($0.51) | ($0.09) | ($0.18) | $0.58 | $0.40 | $0.56 | $0.66 |
Growth | 815.1% | 489.8% | -50.8% | -130.2% | 44.7% | -28.0% | -14.9% | -181.0% |
Diluted EPS [+] | ($4.68) | ($0.51) | ($0.09) | ($0.18) | $0.58 | $0.40 | $0.55 | $0.64 |
Growth | 815.1% | 489.8% | -50.8% | -130.5% | 43.6% | -26.5% | -14.5% | -181.2% |
|
Shares outstanding (basic) [+] | 60.3 | 60.1 | 61.4 | 61.6 | 61.2 | 60.4 | 62.5 | 61.8 |
Growth | 0.4% | -2.1% | -0.5% | 0.8% | 1.4% | -3.5% | 1.2% | 2.1% |
Shares outstanding (diluted) [+] | 60.3 | 60.1 | 61.4 | 61.6 | 61.7 | 60.4 | 63.8 | 63.4 |
Growth | 0.4% | -2.1% | -0.5% | 0.0% | 2.2% | -5.4% | 0.8% | 1.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |