Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 | Dec-31-99 |
Revenues | 1,253.8 | 1,077.2 | 925.6 | 560.8 | 454.8 | 415.8 | 348.9 | 241.6 |
Revenue growth | 16.4% | 16.4% | 65.0% | 23.3% | 9.4% | 19.2% | 44.4% | |
Cost of goods sold | 305.1 | 246.3 | 200.4 | 95.0 | 74.6 | 65.7 | 55.7 | 39.8 |
Gross profit | 948.6 | 830.8 | 725.2 | 465.9 | 380.2 | 350.1 | 293.3 | 201.9 |
Gross margin | 75.7% | 77.1% | 78.3% | 83.1% | 83.6% | 84.2% | 84.0% | 83.5% |
Sales and marketing | 505.6 | 434.4 | 406.8 | 250.9 | 222.2 | 203.7 | 167.5 | 118.0 |
Research and development | 195.0 | 162.5 | 150.6 | 95.4 | 75.0 | 55.2 | 40.7 | 26.7 |
General and administrative | 123.1 | 97.9 | 83.9 | 44.7 | 29.4 | 24.3 | 21.7 | 16.5 |
EBITA | 167.2 | 168.8 | 114.7 | 79.3 | 57.0 | 68.5 | 67.1 | 41.0 |
EBITA margin | 13.3% | 15.7% | 12.4% | 14.1% | 12.5% | 16.5% | 19.2% | 17.0% |
Amortization of intangibles | 42.4 | 32.9 | 30.8 | 4.3 | 3.4 | 6.0 | 8.1 | 3.5 |
EBIT | 124.9 | 135.9 | 83.9 | 74.9 | 53.6 | 62.5 | 59.0 | 37.5 |
EBIT margin | 10.0% | 12.6% | 9.1% | 13.4% | 11.8% | 15.0% | 16.9% | 15.5% |
Pre-tax income | 131.6 | 146.5 | 77.5 | 53.5 | 66.7 | 73.0 | 70.7 | 40.6 |
Income taxes | 56.3 | 53.9 | 30.4 | 31.0 | 26.1 | 28.1 | 28.3 | 16.8 |
Tax rate | 42.7% | 36.8% | 39.2% | 57.9% | 39.1% | 38.5% | 40.0% | 41.4% |
Net income | 75.4 | 92.6 | 47.1 | 22.6 | 40.6 | 44.9 | 42.4 | 23.8 |
Net margin | 6.0% | 8.6% | 5.1% | 4.0% | 8.9% | 10.8% | 12.2% | 9.8% |
|
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|