Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 81.7 | 78.2 | 68.3 |
Revenue growth | 4.5% | 14.5% | |
Cost of goods sold | 0.0 | 40.4 | 36.4 |
Gross profit | 81.7 | 37.7 | 31.9 |
Gross margin | 100.0% | 48.3% | 46.7% |
Sales and marketing | 5.9 | 3.9 | 3.3 |
General and administrative | 24.5 | 8.2 | 5.4 |
EBITA | 11.4 | 23.9 | 20.6 |
EBITA margin | 13.9% | 30.5% | 30.2% |
Amortization of intangibles | 1.5 | 0.1 | 0.1 |
EBIT | 9.9 | 23.8 | 20.5 |
EBIT margin | 12.1% | 30.4% | 30.0% |
Pre-tax income | 11.6 | 25.0 | 21.1 |
Income taxes | 3.6 | 3.6 | 3.6 |
Tax rate | 31.4% | 14.4% | 17.2% |
Net income | 13.5 | 31.1 | 17.4 |
Net margin | 16.5% | 39.8% | 25.5% |
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Diluted EPS | $0.90 | $2.03 | $0.98 |
Shares outstanding (diluted) | 14.9 | 15.3 | 17.8 |
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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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