Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 1,170.5 | 1,080.4 | 1,004.8 | 879.2 | 850.8 | 660.5 | 562.0 | 514.3 |
Revenue growth | 8.3% | 7.5% | 14.3% | 3.3% | 28.8% | 17.5% | 9.3% | 2.6% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 1,170.5 | 1,080.4 | 1,004.8 | 879.2 | 850.8 | 660.5 | 562.0 | 514.3 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
General and administrative | 164.0 | 146.4 | 137.5 | 112.5 | 97.3 | 81.2 | 69.2 | 65.0 |
EBIT | 193.1 | 197.9 | 183.9 | 122.1 | 171.7 | 94.1 | 83.2 | 59.2 |
EBIT margin | 16.5% | 18.3% | 18.3% | 13.9% | 20.2% | 14.2% | 14.8% | 11.5% |
Pre-tax income | 160.7 | 174.7 | 162.8 | 102.4 | 152.9 | 77.3 | 68.0 | 43.9 |
Income taxes | 62.8 | 68.2 | 63.5 | 39.8 | 59.8 | 30.7 | 25.2 | 17.0 |
Tax rate | 39.1% | 39.1% | 39.0% | 38.8% | 39.1% | 39.8% | 37.1% | 38.6% |
Earnings from continuing ops | 97.9 | 212.9 | 198.8 | 125.2 | 93.2 | 46.6 | 42.8 | 26.9 |
Earnings from discontinued ops | | -0.4 | -3.9 | -0.5 | | | | |
Net income | 97.9 | 212.5 | 194.8 | 124.7 | 93.2 | 46.6 | 42.8 | 26.9 |
Net margin | 8.4% | 19.7% | 19.4% | 14.2% | 10.9% | 7.1% | 7.6% | 5.2% |
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Diluted EPS | $2.59 | $5.40 | $5.05 | $3.19 | $2.39 | $1.21 | $1.13 | $2.16 |
Shares outstanding (diluted) | 37.8 | 39.4 | 39.3 | 39.2 | 39.0 | 38.5 | 37.8 | 12.4 |
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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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