Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 60.1 | 257.2 | 256.9 | 255.4 | 557.2 | 679.1 | 767.2 | 748.0 |
Revenue growth | -76.6% | 0.1% | 0.6% | -54.2% | -18.0% | -11.5% | 2.6% | 16.0% |
Cost of goods sold | 87.5 | 87.3 | 94.5 | 78.8 | 58.1 | 65.1 | 71.2 | 73.2 |
Gross profit | -27.4 | 169.9 | 162.4 | 176.6 | 499.0 | 614.0 | 695.9 | 674.8 |
Gross margin | -45.6% | 66.1% | 63.2% | 69.2% | 89.6% | 90.4% | 90.7% | 90.2% |
General and administrative | 40.6 | 37.2 | 39.0 | 48.1 | 45.7 | 48.3 | 50.0 | 39.7 |
EBIT | 165.2 | 165.2 | 151.9 | 184.0 | 195.9 | 206.3 | 270.3 | 256.9 |
EBIT margin | 274.9% | 64.2% | 59.1% | 72.0% | 35.2% | 30.4% | 35.2% | 34.3% |
Pre-tax income | -31.6 | 46.1 | 45.5 | 120.7 | 138.1 | 111.8 | 140.3 | 114.3 |
Income taxes | 6.3 | -0.2 | 0.1 | 2.2 | 2.2 | -2.3 | -3.4 | -5.0 |
Tax rate | | | 0.2% | 1.8% | 1.6% | | | |
Net income | 203.9 | 58.0 | 55.3 | 107.4 | 109.0 | 863.9 | 109.9 | 83.5 |
Net margin | 339.4% | 22.5% | 21.5% | 42.0% | 19.6% | 127.2% | 14.3% | 11.2% |
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Diluted EPS | $3.28 | $0.95 | $0.91 | $1.76 | $1.75 | $13.31 | $1.70 | $1.36 |
Shares outstanding (diluted) | 62.2 | 61.3 | 61.0 | 60.8 | 62.2 | 64.9 | 64.6 | 61.4 |
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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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