Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 137.7 | 107.0 | 81.0 | | | 16.8 |
Revenue growth | 28.7% | 32.1% | | | | |
Cost of goods sold | 24.8 | 20.9 | 18.8 | | | 0.0 |
Gross profit | 112.9 | 86.1 | 62.2 | | | 16.8 |
Gross margin | 82.0% | 80.4% | 76.8% | | | 100.0% |
General and administrative | 13.9 | 9.5 | 8.5 | | | 2.8 |
EBIT | 52.7 | 38.5 | 18.8 | | | 4.5 |
EBIT margin | 38.3% | 35.9% | 23.3% | | | 26.8% |
Pre-tax income | 51.2 | 35.3 | 14.8 | | | 4.3 |
Income taxes | 20.0 | 11.9 | 5.1 | | | 0.0 |
Tax rate | 39.0% | 33.8% | 34.1% | | | 0.8% |
Net income | 31.3 | 23.3 | 9.8 | | | 4.2 |
Net margin | 22.8% | 21.8% | 12.1% | | | 25.3% |
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Diluted EPS | $1.22 | $1.16 | $0.59 | | | $0.87 |
Shares outstanding (diluted) | 25.6 | 20.1 | 16.6 | | | 4.9 |
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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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