Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 6.1 | 96.9 | 121.1 | 146.9 | 73.0 | 191.3 | 203.0 | 215.5 |
Revenue growth | -93.7% | -20.0% | -17.6% | 101.3% | -61.9% | -5.8% | -5.8% | 8.6% |
Cost of goods sold | 18.5 | 7.5 | 7.1 | 6.6 | 6.5 | 6.2 | 7.1 | 6.6 |
Gross profit | -12.4 | 89.4 | 114.0 | 140.3 | 66.5 | 185.1 | 195.9 | 209.0 |
Gross margin | -201.9% | 92.3% | 94.1% | 95.5% | 91.1% | 96.7% | 96.5% | 97.0% |
Selling, general and administrative | 0.0 | 0.4 | 0.4 | 0.4 | | | | |
Sales and marketing | 0.0 | | | | 0.1 | 0.2 | 0.3 | 0.2 |
General and administrative | 0.0 | | | | 1.7 | 1.1 | | |
EBIT | -30.9 | -2.5 | -2.7 | -3.6 | -200.7 | -117.0 | 103.5 | 124.1 |
EBIT margin | -504.4% | -2.6% | -2.2% | -2.5% | -275.1% | -61.1% | 51.0% | 57.6% |
Pre-tax income | 31.9 | -2.3 | -2.4 | -2.7 | -93.7 | 4.9 | 13.2 | 34.5 |
Income taxes | 14.2 | -1.1 | -1.1 | -1.2 | -40.3 | 1.8 | 5.9 | 15.0 |
Tax rate | 44.5% | 45.9% | 45.9% | 45.9% | 43.1% | 36.7% | 44.8% | 43.6% |
Net income | 17.7 | 13.4 | 10.4 | 9.5 | -55.0 | 1.5 | 0.0 | 0.0 |
Net margin | 288.7% | 13.9% | 8.6% | 6.5% | -75.3% | 0.8% | 0.0% | 0.0% |
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Diluted EPS | $0.80 | $0.61 | $0.48 | $0.45 | ($4.95) | $0.18 | $0.87 | $2.31 |
Shares outstanding (diluted) | 22.0 | 22.0 | 21.6 | 21.1 | 11.1 | 8.3 | 0.0 | 0.0 |
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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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