Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Mar-31-07 | Dec-31-06 | Mar-31-06 | Dec-31-05 | Mar-31-05 | Dec-31-04 | Mar-31-04 |
Revenues | 1,908.6 | 606.6 | 1,530.3 | 498.2 | 1,089.3 | 284.9 | 945.6 | 196.8 |
Revenue growth | 24.7% | 21.8% | 40.5% | 74.9% | 15.2% | 44.7% | 17.6% | |
Cost of goods sold | 1,908.6 | -75.0 | 1,550.3 | -62.0 | 1,089.3 | -46.1 | 945.6 | -40.2 |
Gross profit | 0.0 | 681.7 | -20.0 | 560.2 | 0.0 | 331.0 | 0.0 | 237.1 |
Gross margin | 0.0% | 112.4% | -1.3% | 112.4% | 0.0% | 116.2% | 0.0% | 120.4% |
Selling, general and administrative | | 0.0 | | 0.0 | | 0.0 | | 0.0 |
Sales and marketing | 181.0 | 0.0 | 152.2 | 0.0 | 130.6 | 0.0 | 128.6 | 0.0 |
Research and development | 38.2 | | 33.6 | | 23.7 | | 20.5 | |
General and administrative | 126.9 | 0.0 | 103.0 | 0.0 | 90.8 | 0.0 | 85.1 | 0.0 |
EBIT | 705.1 | 681.7 | 596.3 | 560.2 | 292.2 | 331.0 | 146.3 | 237.1 |
EBIT margin | 36.9% | 112.4% | 39.0% | 112.4% | 26.8% | 116.2% | 15.5% | 120.4% |
Pre-tax income | 689.2 | 215.4 | 576.5 | 139.6 | 213.3 | 20.0 | 104.8 | 7.9 |
Income taxes | 201.1 | 0.0 | 162.0 | 0.0 | 63.8 | 0.0 | 34.7 | 0.0 |
Tax rate | 29.2% | 0.0% | 28.1% | 0.0% | 29.9% | 0.0% | 33.2% | 0.0% |
Earnings from continuing ops | 478.2 | 215.4 | 404.1 | 139.6 | 139.6 | 20.0 | 64.8 | 7.9 |
Earnings from discontinued ops | 41.0 | | 60.5 | | 49.5 | | -9.5 | |
Net income | 519.2 | 215.4 | 464.6 | 139.6 | 189.0 | 20.0 | 55.3 | 7.9 |
Net margin | 27.2% | 35.5% | 30.4% | 28.0% | 17.4% | 7.0% | 5.8% | 4.0% |
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Diluted EPS | $3.69 | | $3.05 | | $1.07 | | $0.51 | |
Shares outstanding (diluted) | 129.6 | | 132.7 | | 130.5 | | 126.1 | |
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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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