Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 1,563.9 | 1,470.3 | 1,366.9 | 1,273.2 | 1,211.4 | 1,159.0 | 1,083.7 | 13.1 |
Revenue growth | 6.4% | 7.6% | 7.4% | 5.1% | 4.5% | 7.0% | 8166.7% | -22.6% |
Cost of goods sold | 658.1 | 617.6 | 571.5 | 529.0 | 504.0 | 491.4 | 470.0 | 311.5 |
Gross profit | 905.8 | 852.7 | 795.4 | 744.2 | 707.4 | 667.6 | 613.6 | -298.4 |
Gross margin | 57.9% | 58.0% | 58.2% | 58.5% | 58.4% | 57.6% | 56.6% | -2276.5% |
Selling, general and administrative | 392.1 | 341.4 | 325.5 | 308.5 | 297.3 | 292.0 | | |
Sales and marketing | | | | | | | 3.6 | 2.1 |
General and administrative | | | | | | | 315.1 | 241.5 |
EBITA | 210.9 | 233.2 | 193.3 | 154.8 | 122.9 | 89.9 | 37.5 | 16.3 |
EBITA margin | 13.5% | 15.9% | 14.1% | 12.2% | 10.1% | 7.8% | 3.5% | 124.1% |
Amortization of intangibles | 6.0 | 6.2 | 6.7 | 7.8 | 8.9 | | | |
EBIT | 204.9 | 227.0 | 186.6 | 147.0 | 114.0 | 89.9 | 37.5 | 16.3 |
EBIT margin | 13.1% | 15.4% | 13.6% | 11.5% | 9.4% | 7.8% | 3.5% | 124.1% |
Pre-tax income | 70.2 | 133.9 | 99.4 | 49.6 | 30.3 | -4.9 | -53.8 | -98.8 |
Income taxes | 33.7 | 57.1 | 41.5 | -291.3 | 11.9 | 11.5 | 1.0 | 0.0 |
Tax rate | 48.0% | 42.6% | 41.7% | | 39.3% | | | |
Net income | 35.8 | 75.3 | 56.8 | 336.4 | 18.3 | -16.4 | -54.8 | -98.8 |
Net margin | 2.3% | 5.1% | 4.2% | 26.4% | 1.5% | -1.4% | -5.1% | -753.8% |
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Diluted EPS | $0.24 | $0.50 | $0.38 | $1.96 | $0.12 | ($0.11) | ($0.38) | ($0.80) |
Shares outstanding (diluted) | 146.5 | 150.1 | 149.3 | 171.5 | 149.9 | 147.3 | 145.0 | 124.1 |
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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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