Financial Summary (All financials)
In millions, except per share items | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 3,581.2 | 2,511.6 | 1,808.8 | 1,252.0 | 907.3 | 1,057.6 |
Revenue growth | 42.6% | 38.9% | 44.5% | 38.0% | -14.2% | |
Cost of goods sold | 3,093.2 | 2,186.1 | 1,511.6 | 1,045.1 | 692.7 | 850.5 |
Gross profit | 488.1 | 325.5 | 297.2 | 206.9 | 214.6 | 207.2 |
Gross margin | 13.6% | 13.0% | 16.4% | 16.5% | 23.7% | 19.6% |
Selling, general and administrative | 45.2 | 37.8 | 30.6 | 25.6 | 29.0 | 25.4 |
EBIT | 199.6 | 78.5 | 63.9 | 20.0 | 45.7 | 34.7 |
EBIT margin | 5.6% | 3.1% | 3.5% | 1.6% | 5.0% | 3.3% |
Pre-tax income | 173.1 | 27.0 | 20.3 | -19.2 | 22.5 | 11.5 |
Income taxes | 69.1 | 10.7 | 8.0 | -7.7 | 8.7 | 4.1 |
Tax rate | 40.0% | 39.5% | 39.2% | 39.9% | 38.6% | 35.8% |
Earnings from continuing ops | 103.9 | 16.3 | 12.4 | -11.5 | 13.8 | 7.4 |
Earnings from discontinued ops | 0.0 | 0.4 | -0.4 | 4.8 | -1.5 | |
Net income | 103.9 | 16.2 | 11.2 | -6.7 | 12.4 | 7.3 |
Net margin | 2.9% | 0.6% | 0.6% | -0.5% | 1.4% | 0.7% |
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Diluted EPS | $7.63 | $1.43 | $1.49 | ($1.85) | $1.55 | $0.80 |
Shares outstanding (diluted) | 13.6 | 11.4 | 8.3 | 6.2 | 8.9 | 9.2 |
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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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