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 | 2,779.0 | 2,612.0 | 2,298.0 | 1,998.0 | | | 1,332.1 | 1,204.7 |
Revenue growth | 6.4% | 13.7% | 15.0% | | | | 10.6% | |
Cost of goods sold | 2,292.0 | 2,130.0 | 1,905.0 | 1,575.0 | | | 1,020.9 | 949.7 |
Gross profit | 487.0 | 482.0 | 393.0 | 423.0 | | | 311.3 | 255.0 |
Gross margin | 17.5% | 18.5% | 17.1% | 21.2% | | | 23.4% | 21.2% |
Selling, general and administrative | 301.0 | 298.0 | 280.0 | 249.0 | | | 195.5 | 256.6 |
EBIT | 186.0 | 184.0 | 113.0 | 174.0 | | | 120.4 | 6.7 |
EBIT margin | 6.7% | 7.0% | 4.9% | 8.7% | | | 9.0% | 0.6% |
Pre-tax income | 187.0 | 182.0 | 120.0 | 180.0 | | | 122.2 | 13.8 |
Income taxes | 70.0 | 67.0 | 39.0 | 69.0 | | | 43.9 | 16.4 |
Tax rate | 37.4% | 36.8% | 32.5% | 38.3% | | | 35.9% | 119.4% |
Earnings from continuing ops | 117.0 | 115.0 | 81.0 | 111.0 | | | 78.3 | -2.7 |
Earnings from discontinued ops | | | | | | | 0.0 | 0.0 |
Net income | 117.0 | 115.0 | 81.0 | 111.0 | | | 78.3 | -2.7 |
Net margin | 4.2% | 4.4% | 3.5% | 5.6% | | | 5.9% | -0.2% |
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Diluted EPS | | | | | | | $0.68 | ($0.03) |
Shares outstanding (diluted) | | | | | | | 115.4 | 99.4 |
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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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