Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Feb-14-07 | Dec-31-06 | Dec-31-05 |
Revenues | 551.1 | 490.3 | 425.8 | 508.5 | 406.6 | 53.5 | | 423.7 |
Revenue growth | 12.4% | 15.2% | -16.3% | 25.1% | | | | 14.7% |
Cost of goods sold | 219.5 | 197.3 | 176.9 | 148.8 | 117.3 | 12.6 | | 114.2 |
Gross profit | 331.6 | 293.0 | 248.9 | 359.7 | 289.2 | 40.9 | | 309.4 |
Gross margin | 60.2% | 59.8% | 58.5% | 70.7% | 71.1% | 76.4% | | 73.0% |
Selling, general and administrative | 47.8 | 45.1 | 42.1 | 39.6 | 85.3 | 8.4 | | 84.3 |
EBIT | 126.7 | 112.3 | 88.4 | 87.8 | 61.9 | -1.4 | | 50.1 |
EBIT margin | 23.0% | 22.9% | 20.8% | 17.3% | 15.2% | -2.7% | | 11.8% |
Pre-tax income | 51.0 | 26.0 | 19.2 | 15.4 | 26.0 | -4.4 | | 30.3 |
Income taxes | 14.2 | 6.9 | 16.3 | 1.6 | -4.1 | 0.9 | | -0.5 |
Tax rate | 27.8% | 26.4% | 84.8% | 10.4% | | | | |
Earnings from continuing ops | 36.9 | 19.1 | 2.9 | 13.8 | 30.1 | -5.3 | | 30.8 |
Earnings from discontinued ops | | | 12.9 | 16.5 | 0.0 | 0.0 | | 30.8 |
Net income | 36.9 | 19.1 | 15.8 | 30.3 | 0.0 | 0.0 | | 61.7 |
Net margin | 6.7% | 3.9% | 3.7% | 6.0% | 0.0% | 0.0% | | 14.6% |
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Diluted EPS | $0.70 | $0.35 | $0.06 | $0.32 | $0.70 | ($0.14) | | $0.80 |
Shares outstanding (diluted) | 52.5 | 54.8 | 46.0 | 43.4 | 43.0 | 39.1 | | 38.5 |
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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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