Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
Revenues | 5,037.3 | 5,369.0 | 5,363.0 | 5,327.2 | 5,085.3 | 5,080.1 | 5,005.5 | 4,832.2 |
Revenue growth | -6.2% | 0.1% | 0.7% | 4.8% | 0.1% | 1.5% | 3.6% | 2.6% |
Cost of goods sold | 4,331.3 | 4,609.2 | 4,526.6 | 4,524.7 | 4,298.0 | 4,305.5 | 4,265.4 | 4,101.7 |
Gross profit | 706.1 | 759.9 | 836.5 | 802.5 | 787.3 | 774.6 | 740.1 | 730.6 |
Gross margin | 14.0% | 14.2% | 15.6% | 15.1% | 15.5% | 15.2% | 14.8% | 15.1% |
Selling, general and administrative | 664.3 | 629.8 | 675.9 | 595.7 | 579.0 | 573.7 | 541.8 | 520.8 |
EBITA | 52.6 | 129.8 | 175.7 | 215.5 | 215.4 | 207.0 | 203.5 | 215.0 |
EBITA margin | 1.0% | 2.4% | 3.3% | 4.0% | 4.2% | 4.1% | 4.1% | 4.4% |
Amortization of intangibles | 10.8 | 12.2 | 15.1 | 8.6 | 7.0 | 6.1 | 5.1 | 5.2 |
EBIT | 41.8 | 117.5 | 160.6 | 206.9 | 208.4 | 200.9 | 198.3 | 209.8 |
EBIT margin | 0.8% | 2.2% | 3.0% | 3.9% | 4.1% | 4.0% | 4.0% | 4.3% |
Pre-tax income | -269.0 | 94.7 | 10.2 | 182.9 | 195.6 | 177.6 | 172.9 | 183.0 |
Income taxes | -2.0 | 30.8 | 54.5 | 70.8 | 73.5 | 65.8 | 63.9 | 70.2 |
Tax rate | 0.8% | 32.5% | 534.8% | 38.7% | 37.6% | 37.0% | 37.0% | 38.4% |
Net income | -267.0 | 63.9 | -44.3 | 112.1 | 122.1 | 111.8 | 109.0 | 112.8 |
Net margin | -5.3% | 1.2% | -0.8% | 2.1% | 2.4% | 2.2% | 2.2% | 2.3% |
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Diluted EPS | ($7.27) | $1.73 | ($1.18) | $2.87 | $3.03 | $2.73 | $2.42 | $2.34 |
Shares outstanding (diluted) | 36.7 | 36.9 | 37.5 | 39.1 | 40.2 | 41.0 | 45.0 | 48.3 |
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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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