Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 673.6 | 497.2 | 334.1 | 237.4 | 188.1 | 189.2 |
Revenue growth | 35.5% | 48.8% | 40.7% | 26.2% | -0.6% | |
Cost of goods sold | 81.7 | 76.8 | 62.4 | 57.4 | 54.4 | 49.1 |
Gross profit | 591.9 | 420.5 | 271.7 | 180.1 | 133.7 | 140.1 |
Gross margin | 87.9% | 84.6% | 81.3% | 75.8% | 71.1% | 74.0% |
Sales and marketing | 5.6 | 5.4 | 5.2 | 2.5 | 2.1 | 2.6 |
General and administrative | 19.2 | 19.7 | 22.5 | 16.4 | 23.3 | 17.7 |
EBITA | 409.5 | 273.3 | 127.8 | 51.6 | 23.8 | 32.5 |
EBITA margin | 60.8% | 55.0% | 38.2% | 21.7% | 12.7% | 17.2% |
Amortization of intangibles | | 0.2 | 0.9 | 0.9 | 0.6 | 0.0 |
EBIT | 409.5 | 273.1 | 126.9 | 50.7 | 23.2 | 32.5 |
EBIT margin | 60.8% | 54.9% | 38.0% | 21.4% | 12.3% | 17.2% |
Pre-tax income | 394.8 | 278.9 | 131.0 | 47.6 | 15.9 | 25.1 |
Income taxes | 170.7 | 124.1 | 59.9 | 20.2 | 7.1 | 12.8 |
Tax rate | 43.2% | 44.5% | 45.7% | 42.5% | 44.3% | 50.9% |
Net income | 224.0 | 154.8 | 71.1 | 27.4 | 8.9 | 12.3 |
Net margin | 33.3% | 31.1% | 21.3% | 11.5% | 4.7% | 6.5% |
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Diluted EPS | $1.19 | $1.04 | $0.97 | $0.37 | $10,882.35 | $15,072.30 |
Shares outstanding (diluted) | 189.0 | 148.5 | 73.4 | 73.4 | 0.0 | 0.0 |
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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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