In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues | 474.0 | 456.7 | 291.6 | 210.5 | 147.3 | 95.2 | 98.6 | 262.2 |
Revenue growth | 3.8% | 56.6% | 38.5% | 42.9% | 54.7% | -3.4% | -62.4% | 11.6% |
Cost of goods sold | 173.2 | 168.1 | 108.9 | 76.8 | 55.2 | 40.4 | 42.9 | 128.9 |
Gross profit | 300.7 | 288.6 | 182.7 | 133.7 | 92.1 | 54.8 | 55.7 | 133.3 |
Gross margin | 63.4% | 63.2% | 62.7% | 63.5% | 62.5% | 57.6% | 56.5% | 50.8% |
Selling, general and administrative [+] | 31.2 | 32.7 | 25.7 | 16.4 | 18.8 | 15.3 | 14.3 | 9.7 |
General and administrative | 31.2 | 32.7 | 25.7 | 16.4 | 18.8 | 15.3 | 14.3 | 9.7 |
Equity in earnings | 2.2 | -1.0 | 0.2 | | 0.1 | 0.3 | 0.4 | 0.9 |
Other operating expenses | -89.7 | -38.1 | 19.4 | 17.4 | 9.6 | 2.8 | 2.0 | |
EBITDA [+] | 345.1 | 279.5 | 140.0 | 104.9 | 66.4 | 36.9 | 39.7 | 124.4 |
EBITDA growth | 23.5% | 99.6% | 33.5% | 57.9% | 80.1% | -7.0% | -68.1% | 24.6% |
EBITDA margin | 72.8% | 61.2% | 48.0% | 49.8% | 45.1% | 38.7% | 40.2% | 47.5% |
Depreciation | 174.1 | 169.3 | 118.0 | 74.6 | 49.1 | 28.3 | 28.1 | 91.2 |
EBITA | 171.0 | 110.2 | 22.0 | 30.3 | 17.3 | 8.5 | 11.5 | 33.2 |
EBITA margin | 36.1% | 24.1% | 7.5% | 14.4% | 11.7% | 9.0% | 11.7% | 12.7% |
Amortization of intangibles | | | 2.2 | 5.0 | 2.7 | | | |
EBIT [+] | 171.0 | 110.2 | 19.8 | 25.2 | 14.6 | 8.5 | 11.5 | 33.2 |
EBIT growth | 55.2% | 456.8% | -21.6% | 72.8% | 70.9% | -25.9% | -65.3% | 30.5% |
EBIT margin | 36.1% | 24.1% | 6.8% | 12.0% | 9.9% | 9.0% | 11.7% | 12.7% |
Non-recurring items [+] | 118.2 | 91.5 | 13.1 | 50.5 | 23.6 | 0.8 | 8.8 | |
Loss (gain) on sale of assets | 110.7 | 76.4 | | 0.0 | 0.7 | 0.0 | 0.5 | |
Interest expense, net [+] | 70.6 | 64.6 | 43.4 | 34.1 | 29.0 | 18.8 | 17.6 | 58.8 |
Interest expense | 71.5 | 66.1 | 45.6 | 34.4 | 29.9 | 20.3 | 19.2 | 58.8 |
Interest income | 0.9 | 1.5 | 2.2 | 0.3 | 0.9 | 1.5 | 1.6 | |
Other income (expense), net [+] | 114.4 | 80.3 | | 0.5 | 0.7 | 0.0 | 1.3 | 1.3 |
Gain (loss) on debt retirement | -6.1 | -2.4 | | | | | | |
Pre-tax income | 96.6 | 34.3 | -36.7 | -58.8 | -37.3 | -11.0 | -13.6 | -24.2 |
Income taxes | 1.9 | 0.1 | -1.4 | 0.3 | 0.1 | 0.0 | 0.0 | -22.1 |
Tax rate | 2.0% | 0.4% | 3.8% | | | | | 91.4% |
Minority interest | | | | 3.3 | 85.1 | -10.8 | -10.6 | |
Earnings from continuing ops | 67.3 | 22.4 | -85.5 | -67.4 | 37.7 | -15.1 | -7.8 | -17.7 |
Earnings from discontinued ops | | 20.5 | 55.8 | 16.1 | -174.7 | 6.2 | -8.6 | 22.1 |
Net income | 67.3 | 42.9 | -29.7 | -51.2 | -137.0 | -8.9 | -16.4 | 4.5 |
Net margin | 14.2% | 9.4% | -10.2% | -24.3% | -93.0% | -9.4% | -16.6% | 1.7% |
|
Basic EPS [+] | $0.60 | $0.22 | ($1.29) | ($2.14) | $1,754.48 | ($0.70) | ($0.40) | ($1.18) |
Growth | 174.7% | -117.1% | -39.7% | -100.1% | -249024.8% | 74.5% | -65.6% | 636.2% |
Diluted EPS [+] | $0.58 | $0.21 | ($1.29) | ($2.14) | $1.75 | ($0.70) | ($0.40) | ($1.18) |
Growth | 176.4% | -116.2% | -39.7% | -221.7% | -348.9% | 74.5% | -65.6% | 644.1% |
|
Dividends per share [+] | $0.75 | $0.75 | $0.64 | $0.38 | $0.30 | $0.30 | $1.30 | |
Growth | 0.0% | 17.6% | 70.0% | 25.0% | 0.0% | -76.9% | | -100.0% |
|
Shares outstanding (basic) [+] | 111.5 | 101.9 | 66.3 | 31.5 | 0.0 | 21.4 | 19.3 | 15.0 |
Growth | 9.4% | 53.6% | 110.3% | 146627.5% | -99.9% | 11.0% | 28.5% | -3.0% |
Shares outstanding (diluted) [+] | 116.7 | 107.3 | 66.3 | 31.5 | 21.5 | 21.4 | 19.3 | 15.0 |
Growth | 8.7% | 61.8% | 110.3% | 46.7% | 0.4% | 11.0% | 28.5% | -4.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |