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 | 145.3 | 109.5 | 94.1 | 85.5 | 77.1 | 76.0 | 68.8 | 38.1 |
Revenue growth | 32.6% | 16.4% | 10.0% | 10.9% | 1.4% | 10.4% | 80.9% | 72.7% |
Cost of goods sold | 53.4 | 46.8 | 39.9 | 39.1 | 35.9 | 34.0 | 33.6 | 33.4 |
Gross profit | 91.8 | 62.7 | 54.2 | 46.4 | 41.2 | 42.0 | 35.3 | 4.6 |
Gross margin | 63.2% | 57.2% | 57.6% | 54.3% | 53.5% | 55.2% | 51.2% | 12.1% |
Selling, general and administrative | 8.0 | 6.7 | 6.2 | 13.0 | 13.1 | 13.6 | 13.0 | 11.9 |
General and administrative | 4.1 | 3.6 | 3.2 | 9.5 | 9.5 | 9.5 | 9.5 | 8.8 |
EBITA | 83.8 | 56.0 | 48.0 | 27.9 | 23.8 | 25.3 | 18.7 | -11.0 |
EBITA margin | 57.7% | 51.1% | 51.0% | 32.6% | 30.9% | 33.3% | 27.2% | -28.9% |
Amortization of intangibles | 2.7 | 1.6 | 2.0 | 2.5 | 2.8 | 3.1 | 4.1 | 5.2 |
EBIT | 81.1 | 54.4 | 46.0 | 25.4 | 21.0 | 22.1 | 14.6 | -16.2 |
EBIT margin | 55.8% | 49.7% | 48.9% | 29.7% | 27.3% | 29.1% | 21.3% | -42.4% |
Pre-tax income | 58.5 | 36.7 | 33.7 | 19.7 | 20.4 | 11.9 | 6.4 | -37.6 |
Income taxes | 19.8 | 12.0 | 11.3 | 6.2 | 6.4 | -3.2 | 0.0 | -6.3 |
Tax rate | 33.9% | 32.7% | 33.4% | 31.6% | 31.2% | | 0.0% | 16.7% |
Net income | 38.6 | 24.7 | 22.5 | 13.5 | 14.0 | 15.1 | -13.5 | -37.0 |
Net margin | 26.6% | 22.6% | 23.9% | 15.8% | 18.2% | 19.8% | -19.5% | -97.1% |
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Diluted EPS | $1.36 | $1.05 | $1.06 | $0.64 | $0.67 | $0.72 | ($1.04) | ($0.72) |
Shares outstanding (diluted) | 28.3 | 23.6 | 21.3 | 21.1 | 21.0 | 20.9 | 13.0 | 51.7 |
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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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