Financial Summary (All financials)
In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-26-03 |
Revenues | 846.0 | 1,159.9 | 1,050.4 | 942.6 | 714.9 | 605.0 | 620.1 |
Revenue growth | -27.1% | 10.4% | 11.4% | 31.8% | 18.2% | -2.4% | |
Cost of goods sold | 721.8 | 980.0 | 873.4 | 723.9 | 611.6 | 552.8 | 83.4 |
Gross profit | 124.2 | 179.9 | 176.9 | 218.7 | 103.3 | 52.1 | 536.6 |
Gross margin | 14.7% | 15.5% | 16.8% | 23.2% | 14.5% | 8.6% | 86.5% |
Selling, general and administrative | 70.1 | 77.5 | 68.7 | 66.3 | 47.7 | 31.7 | 41.5 |
EBIT | 54.2 | 102.4 | 108.2 | 152.4 | 55.7 | 77.3 | 24.4 |
EBIT margin | 6.4% | 8.8% | 10.3% | 16.2% | 7.8% | 12.8% | 3.9% |
Pre-tax income | -3.2 | 74.6 | 66.2 | 136.4 | 14.1 | 4.4 | -59.5 |
Income taxes | -1.1 | 27.2 | 21.9 | 49.8 | 4.1 | 0.0 | 2.1 |
Tax rate | 36.1% | 36.5% | 33.0% | 36.5% | 29.3% | 0.0% | |
Earnings from continuing ops | -2.0 | 47.4 | 44.4 | 86.6 | 10.0 | 4.4 | -61.6 |
Earnings from discontinued ops | -10.0 | 0.6 | 0.0 | 5.7 | 1.8 | 11.0 | |
Net income | -12.1 | 48.0 | 44.4 | 92.3 | 11.8 | 4.4 | -61.6 |
Net margin | -1.4% | 4.1% | 4.2% | 9.8% | 1.7% | 0.7% | -9.9% |
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Diluted EPS | ($0.16) | $3.73 | $3.08 | $1.38 | $0.20 | | |
Shares outstanding (diluted) | 12.7 | 12.7 | 14.4 | 62.8 | 49.2 | | |
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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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