Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 212.8 | 211.6 | 203.0 | 188.8 | 175.1 | 163.2 | 165.9 | 162.0 |
Revenue growth | 0.6% | 4.2% | 7.5% | 7.8% | 7.3% | -1.6% | 2.5% | 12.6% |
Cost of goods sold | 129.8 | 129.6 | 125.9 | 117.2 | 109.6 | 101.9 | 107.0 | 105.4 |
Gross profit | 83.0 | 82.0 | 77.1 | 71.6 | 65.5 | 61.4 | 58.9 | 56.5 |
Gross margin | 39.0% | 38.7% | 38.0% | 37.9% | 37.4% | 37.6% | 35.5% | 34.9% |
Selling, general and administrative | 48.4 | 46.9 | 46.4 | 43.6 | 41.2 | 39.5 | 40.6 | 38.7 |
EBIT | 34.6 | 35.0 | 30.7 | 27.9 | 24.3 | 21.8 | 18.3 | 17.2 |
EBIT margin | 16.2% | 16.6% | 15.1% | 14.8% | 13.9% | 13.4% | 11.0% | 10.6% |
Pre-tax income | 13.7 | 35.1 | 30.8 | 27.2 | 23.1 | 20.3 | 36.9 | 14.6 |
Income taxes | 5.1 | 11.6 | 7.0 | 9.3 | 5.6 | 8.3 | 6.6 | 5.9 |
Tax rate | 36.9% | 33.0% | 22.8% | 34.3% | 24.0% | 40.9% | 17.9% | 40.0% |
Net income | 0.0 | 14.9 | 15.2 | 9.2 | 8.9 | 3.4 | 25.7 | 8.8 |
Net margin | 0.0% | 7.0% | 7.5% | 4.9% | 5.1% | 2.1% | 15.5% | 5.4% |
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Diluted EPS | $0.00 | $0.84 | $0.87 | $0.53 | $0.52 | $0.20 | $1.58 | $0.58 |
Shares outstanding (diluted) | 18.0 | 17.7 | 17.5 | 17.4 | 17.3 | 17.2 | 16.2 | 15.0 |
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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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