Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 441.8 | 341.1 | 316.2 |
Revenue growth | 29.5% | 7.9% | |
Cost of goods sold | 418.3 | 330.5 | 301.0 |
Gross profit | 23.6 | 10.6 | 15.2 |
Gross margin | 5.3% | 3.1% | 4.8% |
Sales and marketing | 16.9 | 13.2 | 16.4 |
Research and development | 3.1 | 3.2 | 6.0 |
General and administrative | 44.1 | 25.2 | 30.0 |
EBITA | -40.5 | -30.9 | -33.3 |
EBITA margin | -9.2% | -9.1% | -10.5% |
Amortization of intangibles | 0.0 | | |
EBIT | -40.5 | -30.9 | -33.3 |
EBIT margin | -9.2% | -9.1% | -10.5% |
Pre-tax income | -78.6 | -55.9 | -50.5 |
Income taxes | 1.4 | 0.6 | 1.1 |
Net income | -80.5 | -56.1 | -50.6 |
Net margin | -18.2% | -16.4% | -16.0% |
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Diluted EPS | ($0.30) | ($0.21) | ($0.20) |
Shares outstanding (diluted) | 267.3 | 267.3 | 255.1 |
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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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