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HORIZON PHARMACEUTICAL LLC (RPTP)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Aug-31-12Dec-31-11Aug-31-11Aug-31-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]94.269.516.90.0 0.014.80.0
            Revenue growth  35.6%311.9%     -100.0%
Cost of goods sold  12.69.41.70.0 0.014.8-19.3
Gross profit  81.660.115.20.0 0.00.019.3
            Gross margin  86.6%86.5%90.2%   0.0% 
Selling, general and administrative   [+]71.456.737.99.0 14.76.23.7
Research and development  58.643.529.29.0 21.4 9.3
Other operating expenses  -0.5-1.1-10.7   14.819.3
EBITDA   [+]-46.3-37.9-40.7-17.8  -20.6-12.8
            EBITDA margin  -49.2%-54.5%-241.4%   -139.2% 
Depreciation  1.30.80.20.1  0.20.1
EBITA  -47.7-38.7-41.0-17.9 -36.2-20.8-12.9
            EBITA margin  -50.6%-55.6%-242.8%   -140.7% 
Amortization of intangibles  0.30.20.20.0  0.20.2
EBIT   [+]-48.0-38.9-41.2-17.9 -36.2-21.0-13.1
            EBIT margin  -50.9%-56.0%-243.9%   -141.8% 
Non-recurring items  0.51.110.7     
Interest expense, net   [+]15.513.96.6-0.1 -0.30.00.0
Other income (expense), net   [+]-0.81.5-10.9-1.4 -2.8-16.3-5.9
Pre-tax income  -64.8-52.5-69.4-19.3 -38.6-37.2-18.9
Income taxes  0.40.10.00.0 0.00.00.0
            Tax rate    0.0%0.0% 0.0%0.0%0.0%
Net income  -65.2-52.5-69.4-19.3 -38.6-37.2-18.9
            Net margin  -69.2%-75.6%-411.4%   -251.5% 
   
Basic EPS   [+]($0.83)($0.83)($1.20)($0.37) ($0.80)($1.15)($0.85)
Diluted EPS   [+]($0.83)($0.83)($1.20)($0.37) ($0.80)($1.15)($0.85)
   
Shares outstanding (basic)   [+]78.963.257.951.7 48.132.322.2
Shares outstanding (diluted)   [+]78.963.257.951.7 48.132.322.2
   
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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