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 | 25.5 | 48.8 | 61.0 | 85.7 | 89.6 | 99.8 | 135.4 | 187.1 |
Revenue growth | -47.7% | -19.9% | -28.8% | -4.3% | -10.3% | -26.2% | -27.7% | 21.2% |
Cost of goods sold | 9.1 | 10.3 | 17.2 | 17.7 | 21.2 | 30.5 | 37.0 | 21.8 |
Gross profit | 16.4 | 38.6 | 43.8 | 68.0 | 68.3 | 69.4 | 98.4 | 165.3 |
Gross margin | 64.2% | 79.0% | 71.8% | 79.3% | 76.3% | 69.5% | 72.7% | 88.3% |
General and administrative | 10.0 | 5.4 | 14.0 | 14.0 | 11.5 | 15.6 | 16.6 | 11.3 |
EBIT | 1.8 | 28.3 | 18.9 | 41.9 | 40.6 | 7.7 | 23.0 | 68.9 |
EBIT margin | 7.2% | 57.9% | 30.9% | 48.9% | 45.3% | 7.7% | 17.0% | 36.8% |
Pre-tax income | -21.0 | 1.3 | 5.3 | -93.1 | -11.3 | -51.1 | -190.5 | 89.0 |
Income taxes | -0.2 | 0.1 | 0.3 | 0.0 | 1.8 | -0.1 | 0.8 | 2.4 |
Tax rate | 0.9% | 9.7% | 6.3% | | | 0.2% | | 2.7% |
Net income | -20.8 | 1.2 | 5.0 | -93.1 | -13.1 | -51.1 | -191.2 | 86.6 |
Net margin | -81.7% | 2.4% | 8.2% | -108.7% | -14.6% | -51.1% | -141.3% | 46.3% |
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Diluted EPS | ($0.38) | $0.02 | $0.07 | ($1.22) | ($0.17) | ($0.68) | ($2,646.84) | $1.32 |
Shares outstanding (diluted) | 55.5 | 71.2 | 74.9 | 76.3 | 75.4 | 74.7 | 0.1 | 65.6 |
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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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