Financial Summary (All financials)
In millions, except per share items | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 162.8 | 134.9 | 94.1 | 66.6 | 50.1 | 37.6 |
Revenue growth | 20.7% | 43.4% | 41.2% | 33.0% | 33.3% | |
Cost of goods sold | 75.4 | 64.7 | 40.9 | 27.6 | 21.3 | 14.8 |
Gross profit | 87.4 | 70.3 | 53.2 | 39.1 | 28.8 | 22.8 |
Gross margin | 53.7% | 52.1% | 56.5% | 58.6% | 57.4% | 60.7% |
Sales and marketing | 45.5 | 33.3 | 20.8 | 15.5 | 15.7 | 11.1 |
Research and development | 15.2 | 13.5 | 10.6 | 8.1 | 5.1 | 3.3 |
General and administrative | 17.7 | 11.5 | 8.2 | 5.7 | 4.6 | 3.2 |
EBITA | 13.9 | 16.4 | 13.5 | 9.8 | 3.4 | 5.2 |
EBITA margin | 8.6% | 12.1% | 14.4% | 14.7% | 6.8% | 13.9% |
Amortization of intangibles | 2.7 | 2.3 | 0.3 | | | |
EBIT | 11.2 | 14.1 | 13.2 | 9.8 | 3.4 | 5.2 |
EBIT margin | 6.9% | 10.4% | 14.1% | 14.7% | 6.8% | 13.9% |
Pre-tax income | 10.9 | 13.9 | 14.7 | 9.9 | 2.6 | 5.5 |
Income taxes | 3.4 | -5.8 | -5.8 | 4.1 | -17.9 | 0.1 |
Tax rate | 30.9% | | | 40.8% | | 2.0% |
Net income | 7.6 | 5.0 | 0.8 | 0.2 | 20.4 | 5.4 |
Net margin | 4.7% | 3.7% | 0.9% | 0.3% | 40.8% | 14.4% |
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Diluted EPS | $0.14 | $0.12 | $0.06 | $0.01 | $0.35 | $97.88 |
Shares outstanding (diluted) | 53.1 | 41.7 | 14.5 | 14.3 | 57.6 | 0.1 |
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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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