Financial Summary (All financials)
In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 685.4 | 1,135.4 | 754.9 | 640.9 | 457.3 | 298.5 | 220.1 | 160.7 |
Revenue growth | -39.6% | 50.4% | 17.8% | 40.1% | 53.2% | 35.6% | 37.0% | 18.2% |
Cost of goods sold | 645.1 | 209.0 | 548.0 | 269.5 | 240.4 | 135.6 | 93.1 | 80.0 |
Gross profit | 40.3 | 926.5 | 206.9 | 371.3 | 216.9 | 162.9 | 127.0 | 80.7 |
Gross margin | 5.9% | 81.6% | 27.4% | 57.9% | 47.4% | 54.6% | 57.7% | 50.2% |
Sales and marketing | 4.0 | 9.6 | 40.5 | 148.6 | | | | |
General and administrative | 54.0 | 48.4 | 39.1 | 23.2 | 17.3 | 12.1 | 8.7 | 6.2 |
EBIT | -43.5 | 855.5 | 110.2 | 191.5 | 190.4 | 145.9 | 114.8 | 72.5 |
EBIT margin | -6.3% | 75.3% | 14.6% | 29.9% | 41.6% | 48.9% | 52.2% | 45.1% |
Pre-tax income | -130.1 | 726.7 | 24.2 | 147.8 | 157.4 | 122.6 | 98.9 | 60.3 |
Income taxes | -32.2 | 241.6 | 14.5 | 55.4 | 53.9 | 40.5 | 35.2 | 22.6 |
Tax rate | 24.7% | 33.2% | 59.9% | 37.5% | 34.3% | 33.0% | 35.6% | 37.5% |
Net income | -97.9 | 485.1 | 9.7 | 92.4 | 103.4 | 82.1 | 63.6 | 37.7 |
Net margin | -14.3% | 42.7% | 1.3% | 14.4% | 22.6% | 27.5% | 28.9% | 23.5% |
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Diluted EPS | ($1.86) | $9.18 | $0.18 | $1.75 | $2.09 | $1.72 | $1.40 | $1.25 |
Shares outstanding (diluted) | 52.6 | 52.9 | 53.6 | 52.7 | 49.5 | 47.7 | 45.5 | 30.2 |
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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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