Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 435.8 | 259.1 | 89.9 | 50.8 |
Revenue growth | 68.2% | 188.1% | 77.2% | |
Cost of goods sold | 130.6 | 130.4 | 59.1 | 38.8 |
Gross profit | 305.2 | 128.7 | 30.9 | 12.0 |
Gross margin | 70.0% | 49.7% | 34.3% | 23.6% |
Selling, general and administrative | 192.6 | 124.3 | 39.2 | 34.1 |
General and administrative | 159.2 | 106.6 | 32.9 | 29.3 |
EBIT | 143.4 | 20.7 | -2.0 | -110.5 |
EBIT margin | 32.9% | 8.0% | -2.2% | -217.6% |
Pre-tax income | 142.6 | 20.7 | -2.0 | -17.3 |
Income taxes | 21.9 | 1.6 | 0.0 | 0.0 |
Tax rate | 15.3% | 7.8% | 0.0% | 0.0% |
Net income | 119.8 | 19.1 | -2.0 | -17.3 |
Net margin | 27.5% | 7.4% | -2.2% | -34.1% |
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Diluted EPS | $0.62 | $0.10 | ($0.01) | ($0.09) |
Shares outstanding (diluted) | 193.1 | 190.4 | 187.8 | 187.8 |
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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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