Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-02 |
Revenues | 111.1 | 145.9 | 111.7 | 89.8 | 61.6 | 26.3 |
Revenue growth | -23.9% | 30.7% | 24.3% | 45.7% | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 7.8 | 7.8 |
Gross profit | 111.1 | 145.9 | 111.7 | 89.8 | 53.8 | 18.6 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 87.4% | 70.5% |
Selling, general and administrative | 18.9 | 16.9 | 16.9 | 22.6 | 21.9 | 16.8 |
EBIT | 85.7 | 122.3 | 88.8 | 58.4 | 24.1 | -6.0 |
EBIT margin | 77.1% | 83.8% | 79.5% | 65.0% | 39.1% | -22.9% |
Pre-tax income | -44.4 | -40.3 | 0.1 | -2.7 | -3.0 | 0.0 |
Income taxes | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% | |
Earnings from continuing ops | -44.5 | -40.4 | 0.1 | -2.7 | -3.0 | |
Earnings from discontinued ops | 9.1 | 8.6 | 6.8 | | | |
Net income | -35.4 | -31.8 | 7.0 | -2.7 | -3.0 | 0.0 |
Net margin | -31.8% | -21.8% | 6.2% | -3.0% | -4.8% | 0.0% |
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Diluted EPS | ($1.73) | ($1.60) | $0.00 | ($0.11) | ($0.14) | |
Shares outstanding (diluted) | 25.7 | 25.3 | 25.2 | 24.9 | 21.4 | |
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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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