Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 1,707.3 | 1,598.1 | 1,504.2 | 1,285.0 |
Revenue growth | 6.8% | 6.2% | 17.1% | |
Cost of goods sold | 1,118.5 | 1,062.7 | 998.0 | 877.9 |
Gross profit | 588.7 | 535.4 | 506.1 | 407.1 |
Gross margin | 34.5% | 33.5% | 33.6% | 31.7% |
Selling, general and administrative | 251.1 | 233.4 | 234.2 | 178.6 |
EBITA | 446.3 | 415.9 | 375.5 | 327.2 |
EBITA margin | 26.1% | 26.0% | 25.0% | 25.5% |
Amortization of intangibles | 108.7 | 113.9 | 103.6 | 98.7 |
EBIT | 337.6 | 302.0 | 272.0 | 228.5 |
EBIT margin | 19.8% | 18.9% | 18.1% | 17.8% |
Pre-tax income | 230.7 | 120.0 | 240.5 | 192.9 |
Income taxes | 83.3 | 70.6 | 80.4 | 73.3 |
Tax rate | 36.1% | 58.8% | 33.4% | 38.0% |
Net income | 147.4 | 49.5 | 160.1 | 119.5 |
Net margin | 8.6% | 3.1% | 10.6% | 9.3% |
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Diluted EPS | $1.23 | $0.41 | | |
Shares outstanding (diluted) | 119.9 | 119.9 | | |
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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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