In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 77.9 | 346.5 | 282.6 | 183.5 | 174.1 |
Revenue growth | -77.5% | 22.6% | 54.0% | 5.4% | |
Cost of goods sold | -37.8 | -139.0 | -97.7 | -40.1 | -41.3 |
Gross profit | 115.7 | 485.6 | 380.3 | 223.6 | 215.4 |
Gross margin | 148.5% | 140.1% | 134.6% | 121.9% | 123.7% |
Sales and marketing | 0.5 | 4.6 | 5.8 | -3.5 | -2.3 |
General and administrative | 12.8 | 69.6 | 67.7 | 52.9 | 43.6 |
EBITA | 22.3 | 148.9 | 103.5 | 61.2 | 47.4 |
EBITA margin | 28.7% | 43.0% | 36.6% | 33.4% | 27.2% |
Amortization of intangibles | 6.0 | 20.6 | 16.3 | 1.2 | |
EBIT | 16.4 | 128.3 | 87.2 | 60.0 | 47.4 |
EBIT margin | 21.0% | 37.0% | 30.9% | 32.7% | 27.2% |
Pre-tax income | 16.8 | 129.9 | 96.0 | 91.6 | 7.4 |
Income taxes | 5.8 | 29.9 | 24.4 | 21.3 | -12.3 |
Tax rate | 34.9% | 23.1% | 25.4% | 23.2% | |
Earnings from continuing ops | 10.9 | 98.3 | 71.2 | 69.2 | 19.7 |
Earnings from discontinued ops | | -0.1 | -21.0 | -7.0 | -2.3 |
Net income | 11.1 | 99.4 | 50.2 | 62.1 | 19.7 |
Net margin | 14.3% | 28.7% | 17.8% | 33.9% | 11.3% |
|
Diluted EPS | | $2.70 | $2.27 | | $1.00 |
Shares outstanding (diluted) | | 36.4 | 31.4 | | 19.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |