Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
Revenues | 2,792.1 | 2,913.6 | 2,950.6 | 2,855.5 | 2,046.1 | 2,005.0 | 1,933.2 | 653.5 |
Revenue growth | -4.2% | -1.3% | 3.3% | 39.6% | 2.0% | 3.7% | 195.8% | 10.4% |
Cost of goods sold | 1,734.9 | 1,843.1 | 1,871.9 | 1,814.5 | 1,335.1 | 1,289.5 | 1,240.4 | 217.6 |
Gross profit | 1,057.2 | 1,070.5 | 1,078.7 | 1,041.0 | 711.0 | 715.5 | 692.8 | 435.9 |
Gross margin | 37.9% | 36.7% | 36.6% | 36.5% | 34.7% | 35.7% | 35.8% | 66.7% |
Selling, general and administrative | 699.0 | 695.4 | 687.0 | 684.8 | 465.0 | 477.2 | 483.8 | 179.6 |
Research and development | | | | | 8.2 | 10.8 | 14.0 | |
EBITA | 220.4 | 218.3 | 211.9 | 175.6 | 149.6 | 145.1 | 118.7 | 124.1 |
EBITA margin | 7.9% | 7.5% | 7.2% | 6.1% | 7.3% | 7.2% | 6.1% | 19.0% |
Amortization of intangibles | | | | 24.7 | 5.3 | 6.3 | 7.4 | |
EBIT | 220.4 | 218.3 | 211.9 | 150.9 | 144.3 | 138.8 | 111.3 | 124.1 |
EBIT margin | 7.9% | 7.5% | 7.2% | 5.3% | 7.1% | 6.9% | 5.8% | 19.0% |
Pre-tax income | 179.8 | 185.9 | 177.0 | 129.3 | 131.0 | 29.3 | 389.0 | 120.9 |
Income taxes | 58.4 | 52.9 | 8.6 | 12.8 | 72.5 | 1.1 | 106.5 | 0.0 |
Tax rate | 32.5% | 28.5% | 4.9% | 9.9% | 55.3% | 3.8% | 27.4% | 0.0% |
Earnings from continuing ops | 121.4 | 133.0 | 168.4 | 116.5 | 58.5 | 28.2 | 282.5 | 120.9 |
Earnings from discontinued ops | | -10.0 | -0.6 | -3.5 | -2.4 | 72.4 | 52.3 | |
Net income | 121.4 | 143.0 | 169.0 | 120.0 | 60.9 | 100.6 | 334.8 | 120.9 |
Net margin | 4.3% | 4.9% | 5.7% | 4.2% | 3.0% | 5.0% | 17.3% | 18.5% |
|
Diluted EPS | $1.22 | $1.30 | $1.61 | $1.10 | $0.54 | $0.24 | $2.30 | |
Shares outstanding (diluted) | 99.9 | 102.5 | 104.7 | 106.2 | 109.2 | 117.1 | 122.9 | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|