Financial Summary (All financials)
In millions, except per share items | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 27.1 | 44.7 | 60.5 | 91.5 |
Revenue growth | -39.3% | -26.2% | -33.9% | |
Cost of goods sold | 18.1 | 26.0 | 26.3 | 30.4 |
Gross profit | 9.0 | 18.7 | 34.2 | 61.1 |
Gross margin | 33.3% | 41.8% | 56.5% | 66.7% |
General and administrative | 9.9 | 10.7 | 11.2 | 16.1 |
EBIT | 10.4 | 11.5 | 6.5 | 12.5 |
EBIT margin | 38.2% | 25.8% | 10.7% | 13.6% |
Pre-tax income | 8.9 | 8.9 | 3.7 | 9.0 |
Income taxes | 3.4 | 3.2 | 1.3 | 3.8 |
Tax rate | 37.6% | 35.8% | 34.5% | 42.6% |
Earnings from continuing ops | 5.6 | 5.7 | 2.4 | 5.1 |
Earnings from discontinued ops | -0.2 | 0.4 | 0.1 | |
Net income | 5.4 | 6.2 | 2.5 | 5.1 |
Net margin | 19.9% | 13.8% | 4.2% | 5.6% |
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Diluted EPS | $0.65 | $0.60 | $0.27 | |
Shares outstanding (diluted) | 8.6 | 9.6 | 8.9 | |
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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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