Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 |
Revenues | 60.5 | 0.0 |
Cost of goods sold | 43.8 | 0.0 |
Gross profit | 16.7 | 0.0 |
Gross margin | 27.6% | |
Selling, general and administrative | 13.8 | 2,075.7 |
EBIT | 2.9 | -2,075.7 |
EBIT margin | 4.7% | |
Pre-tax income | 2.1 | -106.7 |
Income taxes | -0.3 | -90.0 |
Tax rate | | 84.4% |
Net income | 2.3 | -16.7 |
Net margin | 3.8% | |
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Diluted EPS | $0.21 | ($1.68) |
Shares outstanding (diluted) | 11.2 | 9.9 |
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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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