Financial Summary (All financials)
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 |
Revenues | 58.6 | 61.4 | 60.7 | 58.1 | 52.6 | 50.0 | 43.0 | 41.0 |
Revenue growth | -4.6% | 1.1% | 4.5% | 10.5% | 5.1% | 16.4% | 4.7% | 9.9% |
Cost of goods sold | 30.7 | 29.2 | 29.7 | 27.5 | 19.8 | 18.3 | 16.6 | 17.2 |
Gross profit | 27.9 | 32.2 | 31.0 | 30.6 | 32.7 | 31.7 | 26.4 | 23.9 |
Gross margin | 47.6% | 52.5% | 51.1% | 52.7% | 62.3% | 63.4% | 61.3% | 58.2% |
Sales and marketing | 0.8 | 0.9 | 1.1 | 0.9 | 1.1 | 1.2 | 1.1 | 0.9 |
General and administrative | 1.2 | 1.1 | 1.2 | 1.3 | 2.7 | 2.8 | 3.2 | 2.4 |
EBITA | 8.0 | 10.7 | 10.5 | 21.2 | 21.9 | 52.6 | 39.8 | 29.4 |
EBITA margin | 13.6% | 17.4% | 17.3% | 36.5% | 41.8% | 105.3% | 92.7% | 71.7% |
Amortization of intangibles | 0.9 | 0.9 | 1.1 | 1.5 | 1.6 | 1.7 | 0.8 | 0.4 |
EBIT | 7.1 | 9.8 | 9.4 | 19.7 | 20.3 | 50.9 | 39.0 | 29.0 |
EBIT margin | 12.1% | 15.9% | 15.5% | 34.0% | 38.7% | 101.8% | 90.8% | 70.7% |
Pre-tax income | 4.6 | 6.5 | 5.6 | 14.9 | 13.2 | 12.3 | 9.1 | 9.7 |
Income taxes | 3.0 | 4.5 | -0.8 | 3.4 | 2.8 | 2.9 | 1.8 | 2.2 |
Tax rate | 63.9% | 69.7% | | 23.1% | 21.4% | 23.2% | 19.4% | 22.3% |
Net income | 9.2 | 13.3 | 11.6 | 10.4 | 0.0 | 0.0 | 0.0 | 7.5 |
Net margin | 15.7% | 21.7% | 19.1% | 17.8% | 0.0% | 0.0% | 0.0% | 18.3% |
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Diluted EPS | $1.95 | $2.84 | $2.51 | $2.24 | $2.21 | $1.95 | $1.88 | $2.05 |
Shares outstanding (diluted) | 4.7 | 4.7 | 4.6 | 4.6 | 0.0 | 0.0 | 0.0 | 3.7 |
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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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