Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
Revenues | 1,522.2 | 1,283.5 | 1,765.2 | 1,769.2 | 1,652.9 | 1,460.8 |
Revenue growth | | -27.3% | -0.2% | 7.0% | 13.2% | |
Cost of goods sold | 1,090.0 | 1,019.5 | 1,150.0 | 1,093.3 | 1,051.7 | 982.7 |
Gross profit | 432.2 | 263.9 | 615.2 | 675.9 | 601.2 | 478.0 |
Gross margin | 28.4% | 20.6% | 34.9% | 38.2% | 36.4% | 32.7% |
Selling, general and administrative | 183.1 | 140.6 | 168.7 | 156.7 | 138.0 | 122.3 |
EBITA | 211.8 | 79.8 | 397.9 | 454.9 | 420.5 | 322.0 |
EBITA margin | 13.9% | 6.2% | 22.5% | 25.7% | 25.4% | 22.0% |
Amortization of intangibles | 1.1 | | | | | |
EBIT | 210.7 | 79.8 | 397.9 | 454.9 | 420.5 | 322.0 |
EBIT margin | 13.8% | 6.2% | 22.5% | 25.7% | 25.4% | 22.0% |
Pre-tax income | -40.4 | -96.7 | 195.4 | 202.5 | 304.5 | 257.8 |
Income taxes | -10.5 | -37.3 | 72.9 | 79.3 | 117.9 | 93.6 |
Tax rate | 26.0% | 38.6% | 37.3% | 39.1% | 38.7% | 36.3% |
Net income | 77.1 | -59.4 | 122.5 | 123.3 | 178.5 | 148.2 |
Net margin | 5.1% | -4.6% | 6.9% | 7.0% | 10.8% | 10.1% |
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Diluted EPS | $741.98 | ($0.57) | $1.18 | $1.24 | $0.58 | $0.45 |
Shares outstanding (diluted) | 0.1 | 103.4 | 103.7 | 99.6 | 307.8 | 330.7 |
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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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