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 | Dec-31-10 | Dec-31-09 |
Revenues | 390.8 | 359.3 | 308.6 | 244.3 | 235.6 | 251.7 | 173.8 | 164.9 |
Revenue growth | 8.8% | 16.4% | 26.3% | 3.7% | -6.4% | 44.9% | 5.4% | -7.1% |
Cost of goods sold | 276.9 | 260.4 | 231.0 | 161.5 | 193.6 | 197.1 | 124.6 | 156.7 |
Gross profit | 113.9 | 98.9 | 77.6 | 82.8 | 42.1 | 54.7 | 49.2 | 8.2 |
Gross margin | 29.1% | 27.5% | 25.1% | 33.9% | 17.8% | 21.7% | 28.3% | 5.0% |
Selling, general and administrative | 41.1 | 40.9 | 31.5 | 25.3 | 21.7 | 23.1 | 15.6 | 12.6 |
Research and development | 2.6 | 3.3 | 2.3 | 2.4 | 2.2 | 1.6 | 1.7 | 1.4 |
EBITA | 69.9 | 50.1 | 37.9 | 49.1 | 12.8 | 54.4 | 32.1 | -4.3 |
EBITA margin | 17.9% | 13.9% | 12.3% | 20.1% | 5.4% | 21.6% | 18.4% | -2.6% |
Amortization of intangibles | 2.0 | 2.0 | 1.1 | 0.6 | | | | |
EBIT | 67.9 | 48.1 | 36.8 | 48.5 | 12.8 | 54.4 | 32.1 | -4.3 |
EBIT margin | 17.4% | 13.4% | 11.9% | 19.8% | 5.4% | 21.6% | 18.4% | -2.6% |
Pre-tax income | 51.1 | 38.6 | 30.2 | 46.0 | 11.0 | 51.9 | 28.2 | -9.5 |
Income taxes | 18.2 | 14.6 | 11.7 | 15.5 | 6.9 | 17.7 | 10.0 | -3.3 |
Tax rate | 35.6% | 37.9% | 38.9% | 33.6% | 62.9% | 34.2% | 35.3% | 34.5% |
Net income | 32.9 | 24.0 | 18.5 | 30.5 | 4.1 | 34.2 | 18.3 | -6.2 |
Net margin | 8.4% | 6.7% | 6.0% | 12.5% | 1.7% | 13.6% | 10.5% | -3.8% |
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Diluted EPS | $1.48 | $1.10 | $0.87 | $1.48 | $0.20 | $1.71 | $0.97 | ($0.33) |
Shares outstanding (diluted) | 22.2 | 21.7 | 21.2 | 20.6 | 19.9 | 19.9 | 18.9 | 18.7 |
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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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