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 |
Revenues | 254.1 | 149.3 | 142.3 | 126.2 | 52.8 |
Revenue growth | 70.1% | 5.0% | 12.8% | 138.9% | |
Cost of goods sold | 141.3 | 82.8 | 86.1 | 66.5 | 26.5 |
Gross profit | 112.8 | 66.5 | 56.2 | 59.7 | 26.3 |
Gross margin | 44.4% | 44.5% | 39.5% | 47.3% | 49.8% |
Sales and marketing | 31.5 | 14.4 | 18.5 | 18.5 | 7.2 |
General and administrative | 63.3 | 49.9 | 41.9 | 28.4 | 9.3 |
EBITA | 18.5 | 9.5 | 0.1 | 13.4 | 9.4 |
EBITA margin | 7.3% | 6.3% | 0.0% | 10.6% | 17.8% |
Amortization of intangibles | 0.1 | 0.8 | 0.8 | 0.7 | 0.2 |
EBIT | 18.4 | 8.7 | -0.7 | 12.7 | 9.2 |
EBIT margin | 7.2% | 5.8% | -0.5% | 10.1% | 17.4% |
Pre-tax income | 10.0 | 9.6 | -0.3 | 15.0 | -4.1 |
Income taxes | 7.5 | 5.1 | 1.3 | 0.5 | 0.1 |
Tax rate | 75.0% | 53.6% | | 3.1% | |
Net income | 6.4 | 5.7 | -1.3 | 14.4 | -6.2 |
Net margin | 2.5% | 3.8% | -0.9% | 11.4% | -11.8% |
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Diluted EPS | $0.20 | $0.19 | ($0.04) | $0.48 | ($0.49) |
Shares outstanding (diluted) | 31.9 | 30.4 | 29.5 | 29.8 | 12.8 |
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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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