Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | -48.3 | -21.4 | 62.0 | 87.0 | 97.8 | 122.4 | 153.4 | 140.4 |
Revenue growth | 125.5% | -134.6% | -28.8% | -11.1% | -20.0% | -20.2% | 9.3% | -21.5% |
Cost of goods sold | 8.3 | 8.2 | 7.8 | 4.9 | 11.7 | 10.2 | -8.3 | -4.0 |
Gross profit | -56.6 | -29.6 | 54.2 | 82.1 | 86.1 | 112.2 | 161.7 | 144.3 |
Gross margin | 117.1% | 138.2% | 87.5% | 94.4% | 88.0% | 91.7% | 105.4% | 102.8% |
Selling, general and administrative | | | | | | | -12.6 | |
General and administrative | 5.0 | 4.5 | 4.5 | 4.7 | 4.7 | 4.8 | | 4.5 |
EBIT | -24.6 | 196.9 | 263.8 | 213.7 | 193.7 | 187.4 | 174.3 | 122.5 |
EBIT margin | 50.9% | -918.6% | 425.5% | 245.6% | 197.9% | 153.2% | 113.6% | 87.3% |
Pre-tax income | -129.6 | -35.3 | 50.1 | 77.6 | 82.9 | 108.3 | 140.8 | 126.2 |
Income taxes | 0.0 | 0.0 | 0.0 | -1.9 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -148.9 | -54.7 | 30.7 | 62.1 | 67.5 | 93.2 | 127.0 | 89.0 |
Net margin | 308.2% | 255.3% | 49.5% | 71.4% | 69.0% | 76.1% | 82.8% | 63.4% |
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Diluted EPS | ($1.56) | ($0.62) | $0.34 | $0.65 | $0.70 | $0.97 | $1.33 | $0.93 |
Shares outstanding (diluted) | 95.5 | 88.7 | 91.2 | 95.8 | 95.8 | 95.7 | 95.6 | 95.4 |
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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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