Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 111.6 | 90.3 | 72.3 |
Revenue growth | 23.6% | 24.9% | |
Cost of goods sold | 75.5 | 60.2 | 48.4 |
Gross profit | 36.1 | 30.1 | 23.9 |
Gross margin | 32.3% | 33.4% | 33.0% |
Sales and marketing | 2.6 | 2.3 | 1.6 |
General and administrative | 24.0 | 17.4 | 12.0 |
EBITA | 9.8 | 10.5 | 10.3 |
EBITA margin | 8.8% | 11.6% | 14.3% |
Amortization of intangibles | 0.1 | 0.1 | 0.1 |
EBIT | 9.7 | 10.4 | 10.2 |
EBIT margin | 8.7% | 11.5% | 14.2% |
Pre-tax income | 13.6 | 15.1 | 11.4 |
Income taxes | 2.4 | 2.1 | 1.6 |
Tax rate | 18.0% | 13.8% | 13.7% |
Net income | 11.1 | 10.3 | 7.3 |
Net margin | 10.0% | 11.4% | 10.1% |
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Diluted EPS | $0.03 | $0.04 | $0.03 |
Shares outstanding (diluted) | 337.9 | 238.0 | 278.1 |
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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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