Financial Summary (All financials)
In millions, except per share items | Jun-27-09 | Jun-27-08 | Jun-27-07 | Jun-28-06 | Jul-02-05 | Jul-03-04 | Jun-28-03 | Jun-29-02 |
Revenues | 116.6 | 146.6 | 147.8 | 149.5 | 123.9 | 104.4 | 78.7 | 58.7 |
Revenue growth | -20.5% | -0.8% | -1.1% | 20.6% | 18.6% | 32.8% | 34.0% | |
Cost of goods sold | 72.0 | 81.1 | 73.4 | 75.6 | 68.0 | 51.3 | 38.6 | 31.6 |
Gross profit | 44.6 | 65.5 | 74.4 | 73.8 | 55.9 | 53.2 | 40.0 | 27.1 |
Gross margin | 38.2% | 44.7% | 50.3% | 49.4% | 45.1% | 50.9% | 50.9% | 46.2% |
Selling, general and administrative | 51.5 | 68.1 | 52.8 | 44.3 | 40.2 | 34.0 | 24.5 | 24.8 |
Research and development | 10.6 | 10.1 | 17.5 | 8.9 | 6.9 | 5.3 | 4.5 | 4.6 |
EBIT | -17.5 | -12.7 | 4.2 | 20.7 | 8.9 | 13.9 | 11.0 | -2.4 |
EBIT margin | -15.0% | -8.6% | 2.8% | 13.8% | 7.2% | 13.3% | 13.9% | -4.1% |
Pre-tax income | -17.4 | -12.9 | 10.6 | 22.4 | 8.7 | 15.1 | 11.3 | -1.8 |
Income taxes | -6.8 | -5.8 | 3.6 | 7.5 | 2.2 | 4.6 | 3.5 | -0.4 |
Tax rate | 39.0% | 44.8% | 33.7% | 33.3% | 25.3% | 30.4% | 31.0% | 23.0% |
Earnings from continuing ops | -10.6 | -7.1 | 7.0 | 14.9 | 6.5 | 10.5 | 7.8 | -1.4 |
Earnings from discontinued ops | -11.7 | -2.0 | -0.8 | | 0.0 | 0.0 | 6.8 | |
Net income | -22.3 | -9.1 | 6.3 | 14.9 | 7.3 | 8.1 | 0.0 | -1.4 |
Net margin | -19.1% | -6.2% | 4.2% | 10.0% | 5.9% | 7.8% | 0.0% | -2.4% |
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Diluted EPS | ($0.47) | ($0.31) | $0.30 | $0.62 | $0.28 | $0.46 | $379.12 | ($0.07) |
Shares outstanding (diluted) | 22.7 | 22.7 | 23.5 | 23.9 | 23.1 | 22.7 | 0.0 | 20.1 |
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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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