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 | 84.9 | 82.9 | 83.2 | 83.0 | 84.0 | 83.0 | 45.7 | 44.8 |
Revenue growth | 2.4% | -0.4% | 0.3% | -1.1% | 1.2% | 81.7% | 1.9% | 13.1% |
Cost of goods sold | 33.3 | 31.3 | 30.4 | 27.1 | 26.4 | 22.6 | 16.4 | 16.4 |
Gross profit | 51.6 | 51.6 | 52.8 | 55.9 | 57.6 | 60.3 | 29.3 | 28.4 |
Gross margin | 60.8% | 62.3% | 63.4% | 67.3% | 68.6% | 72.7% | 64.1% | 63.4% |
Sales and marketing | 1.2 | 1.3 | 1.5 | 1.5 | 1.2 | 1.0 | 0.8 | 0.9 |
Research and development | 1.6 | 1.6 | 1.5 | 1.3 | 1.2 | 1.0 | | |
General and administrative | 2.2 | 2.2 | 2.2 | 2.0 | 1.8 | 1.6 | 1.4 | 1.4 |
EBITA | -27.9 | -26.8 | -30.2 | -31.3 | -35.7 | -31.8 | 16.3 | 14.2 |
EBITA margin | -32.9% | -32.4% | -36.2% | -37.7% | -42.6% | -38.3% | 35.8% | 31.8% |
Amortization of intangibles | 0.5 | 0.6 | 0.8 | 0.9 | 1.5 | 1.1 | 1.3 | 1.1 |
EBIT | -28.4 | -27.4 | -30.9 | -32.1 | -37.2 | -32.9 | 15.1 | 13.2 |
EBIT margin | -33.4% | -33.1% | -37.1% | -38.7% | -44.3% | -39.6% | 33.0% | 29.4% |
Pre-tax income | 26.0 | 27.8 | 25.3 | 23.4 | 16.2 | 11.9 | 16.4 | 16.0 |
Income taxes | 7.7 | 8.1 | 7.1 | 6.9 | 4.5 | 3.1 | 5.0 | 4.9 |
Tax rate | 29.5% | 29.0% | 28.2% | 29.5% | 28.0% | 26.4% | 30.7% | 30.4% |
Net income | 18.3 | 19.8 | 18.1 | 15.5 | 9.4 | 7.0 | 0.0 | 0.0 |
Net margin | 21.6% | 23.8% | 21.8% | 18.7% | 11.2% | 8.4% | 0.0% | 0.0% |
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Diluted EPS | $2.37 | $2.61 | $2.41 | $2.07 | $1.61 | $1.23 | $2.02 | $1.93 |
Shares outstanding (diluted) | 7.7 | 7.6 | 7.5 | 7.5 | 5.9 | 5.7 | 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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