Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 47.3 | 45.0 | 44.0 | 40.8 | 35.8 | 25.0 | 15.7 | 11.0 |
Revenue growth | 5.1% | 2.4% | 7.8% | 14.0% | 42.9% | 59.3% | 42.5% | |
Cost of goods sold | 33.2 | 32.2 | 37.4 | 34.8 | 30.8 | 19.7 | 12.2 | 8.6 |
Gross profit | 14.2 | 12.8 | 6.6 | 6.0 | 4.9 | 5.3 | 3.5 | 2.4 |
Gross margin | 30.0% | 28.4% | 15.0% | 14.6% | 13.8% | 21.3% | 22.4% | 21.6% |
Selling, general and administrative | 11.6 | 10.3 | 13.5 | 15.2 | 13.6 | 7.3 | 5.0 | 3.0 |
EBIT | 2.6 | 2.5 | -6.9 | -9.4 | -8.8 | 17.8 | 10.7 | 8.0 |
EBIT margin | 5.6% | 5.5% | -15.7% | -23.0% | -24.7% | 71.0% | 68.4% | 72.7% |
Pre-tax income | 2.0 | 1.7 | -16.5 | -12.9 | -8.3 | 0.1 | 1.2 | 0.2 |
Income taxes | 0.7 | -0.9 | 0.0 | 0.1 | -1.1 | -1.1 | 0.1 | 0.0 |
Tax rate | 35.2% | | 0.0% | | 13.4% | | 4.7% | 0.0% |
Earnings from continuing ops | 1.3 | 2.6 | -16.5 | -13.0 | -7.2 | 1.3 | 1.1 | 0.2 |
Earnings from discontinued ops | | 0.2 | -2.7 | -2.3 | 1.2 | 2.3 | 2.9 | 1.0 |
Net income | 1.3 | 2.6 | -16.5 | -13.0 | -7.2 | 1.3 | 1.1 | 0.2 |
Net margin | 2.7% | 5.9% | -37.5% | -31.9% | -20.1% | 5.0% | 7.2% | 1.8% |
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Diluted EPS | $0.04 | $0.08 | ($4.46) | ($12.99) | ($11.91) | $0.04 | $0.04 | $0.01 |
Shares outstanding (diluted) | 31.5 | 33.6 | 3.7 | 1.0 | 0.6 | 31.4 | 28.4 | 20.0 |
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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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