Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 1,305.2 | 1,161.5 | 1,062.4 | 863.5 | 666.7 | 687.5 | 566.0 | 421.6 |
Revenue growth | 12.4% | 9.3% | 23.0% | 29.5% | -3.0% | 21.5% | 34.2% | 28.9% |
Cost of goods sold | 901.6 | 812.5 | 738.4 | 604.4 | 463.7 | 460.6 | 391.9 | 286.3 |
Gross profit | 403.7 | 349.0 | 324.1 | 259.1 | 203.0 | 226.9 | 174.1 | 135.4 |
Gross margin | 30.9% | 30.0% | 30.5% | 30.0% | 30.5% | 33.0% | 30.8% | 32.1% |
Sales and marketing | 50.6 | 44.7 | 39.0 | 38.8 | 31.9 | 36.2 | 33.1 | 24.0 |
General and administrative | 216.1 | 192.5 | 172.6 | 150.8 | 118.0 | 123.2 | 120.6 | 109.0 |
EBITA | 137.2 | 107.5 | 110.6 | 69.5 | 53.1 | 67.5 | 20.3 | 2.3 |
EBITA margin | 10.5% | 9.3% | 10.4% | 8.0% | 8.0% | 9.8% | 3.6% | 0.6% |
Amortization of intangibles | 12.8 | 11.1 | 6.8 | 5.4 | 5.1 | 2.7 | 2.0 | 3.6 |
EBIT | 124.4 | 96.4 | 103.7 | 64.0 | 47.9 | 64.8 | 18.3 | -1.2 |
EBIT margin | 9.5% | 8.3% | 9.8% | 7.4% | 7.2% | 9.4% | 3.2% | -0.3% |
Pre-tax income | 125.2 | 100.6 | 103.6 | 67.2 | 43.6 | 71.7 | 24.2 | 7.6 |
Income taxes | 47.7 | 41.8 | 36.8 | 24.5 | 13.7 | 9.2 | 9.0 | 4.4 |
Tax rate | 38.1% | 41.5% | 35.5% | 36.5% | 31.5% | 12.9% | 37.1% | 58.6% |
Earnings from continuing ops | 77.7 | 58.8 | 66.8 | 42.7 | 88.1 | 62.5 | 15.2 | 3.1 |
Earnings from discontinued ops | | | | | | | | 4.4 |
Net income | 77.7 | 58.8 | 66.8 | 42.7 | 88.1 | 62.5 | 15.2 | 3.1 |
Net margin | 6.0% | 5.1% | 6.3% | 4.9% | 13.2% | 9.1% | 2.7% | 0.7% |
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Diluted EPS | $0.54 | $0.41 | $0.47 | $0.31 | $0.66 | $0.48 | $0.12 | $0.03 |
Shares outstanding (diluted) | 142.6 | 142.1 | 142.0 | 138.7 | 132.9 | 129.2 | 124.2 | 123.7 |
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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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