Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 2,222.7 | 2,599.9 | 3,501.9 | 3,407.1 | 3,474.9 | 2.4 |
Revenue growth | -14.5% | -25.8% | 2.8% | -2.0% | 142373.1% | |
Cost of goods sold | 1,916.1 | 2,308.1 | 3,244.9 | 3,279.7 | 3,379.1 | 43.8 |
Gross profit | 306.6 | 291.7 | 257.0 | 127.4 | 95.8 | -41.4 |
Gross margin | 13.8% | 11.2% | 7.3% | 3.7% | 2.8% | -1696.6% |
Selling, general and administrative | 23.4 | 25.1 | 23.8 | 17.7 | 16.8 | 53.8 |
EBITA | 70.2 | 56.7 | 37.1 | -41.8 | -50.1 | -95.1 |
EBITA margin | 3.2% | 2.2% | 1.1% | -1.2% | -1.4% | -3901.0% |
Amortization of intangibles | 1.2 | 1.2 | 1.3 | 0.7 | 0.5 | |
EBIT | 69.0 | 55.5 | 35.8 | -42.5 | -50.7 | -95.1 |
EBIT margin | 3.1% | 2.1% | 1.0% | -1.2% | -1.5% | -3901.0% |
Pre-tax income | 44.1 | 32.8 | 33.4 | -42.6 | -50.2 | -40.4 |
Income taxes | -0.7 | 0.0 | -0.5 | -0.1 | 0.0 | 0.0 |
Tax rate | | | | 0.2% | 0.0% | 0.0% |
Net income | 66.7 | 62.6 | 53.0 | 8.5 | 50.2 | 0.0 |
Net margin | 3.0% | 2.4% | 1.5% | 0.3% | 1.4% | 0.0% |
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Diluted EPS | $1.26 | $1.33 | $1.16 | $0.19 | | |
Shares outstanding (diluted) | 52.8 | 46.9 | 45.9 | 45.6 | | |
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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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