Financial Summary (All financials)
In millions, except per share items | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 270.5 | 234.1 | 183.1 | 104.9 |
Revenue growth | 15.5% | 27.9% | 74.6% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 270.5 | 234.1 | 183.1 | 104.9 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% |
General and administrative | 15.2 | 8.1 | 8.4 | 6.9 |
EBIT | 110.2 | 94.8 | 68.2 | 19.6 |
EBIT margin | 40.7% | 40.5% | 37.2% | 18.7% |
Pre-tax income | 109.6 | 93.9 | 66.5 | 17.4 |
Income taxes | 39.0 | 32.9 | 23.6 | 6.1 |
Tax rate | 35.6% | 35.1% | 35.5% | 35.0% |
Net income | 70.6 | 61.0 | 42.9 | 11.3 |
Net margin | 26.1% | 26.1% | 23.4% | 10.8% |
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Diluted EPS | $2.37 | $2.14 | $1.53 | $0.42 |
Shares outstanding (diluted) | 29.8 | 28.5 | 28.1 | 27.0 |
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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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