Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 71.0 | 54.7 | 49.4 | 96.4 | 91.8 | 109.4 | 104.7 |
Revenue growth | 29.8% | 10.6% | -48.7% | 5.0% | -16.1% | 4.4% | |
Cost of goods sold | 32.1 | 27.7 | 28.1 | 42.9 | 46.8 | 58.6 | 47.9 |
Gross profit | 38.9 | 27.0 | 21.3 | 53.5 | 45.0 | 50.8 | 56.8 |
Gross margin | 54.8% | 49.3% | 43.1% | 55.5% | 49.0% | 46.4% | 54.2% |
Selling, general and administrative | 32.9 | 37.1 | 24.9 | 27.6 | 30.3 | 31.0 | 29.1 |
Research and development | 10.6 | 11.0 | 7.2 | 6.1 | 5.2 | 4.2 | 3.8 |
EBITA | -6.2 | -22.4 | -2.3 | 11.6 | -7.7 | -15.8 | 10.8 |
EBITA margin | -8.7% | -40.9% | -4.6% | 12.0% | -8.4% | -14.4% | 10.3% |
Amortization of intangibles | 5.9 | 5.6 | 0.9 | 1.9 | 2.8 | 3.3 | 4.7 |
EBIT | -12.1 | -27.9 | -3.2 | 9.7 | -10.5 | -19.1 | 6.0 |
EBIT margin | -17.0% | -51.1% | -6.5% | 10.0% | -11.4% | -17.5% | 5.8% |
Pre-tax income | -25.8 | -35.8 | -14.7 | 0.2 | -34.2 | -34.4 | -7.2 |
Income taxes | 1.3 | 0.0 | 0.0 | -0.1 | 0.0 | 1.5 | 0.8 |
Tax rate | | 0.0% | 0.0% | | 0.0% | | |
Earnings from continuing ops | -27.1 | -35.8 | -14.7 | 0.3 | -34.2 | -35.9 | -8.1 |
Earnings from discontinued ops | -67.4 | -0.9 | 8.7 | | | -2.0 | -1.6 |
Net income | -94.5 | -36.6 | -6.0 | 0.3 | -34.2 | -37.9 | -9.7 |
Net margin | -133.2% | -67.0% | -12.1% | 0.3% | -37.3% | -34.7% | -9.3% |
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Diluted EPS | ($0.68) | ($1.04) | ($0.59) | $0.01 | ($2.33) | ($2.80) | ($0.69) |
Shares outstanding (diluted) | 40.0 | 34.5 | 25.1 | 22.4 | 14.7 | 12.8 | 11.8 |
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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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