Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 571.8 | 511.9 | 604.6 | 553.2 | 474.3 | 385.4 | 304.5 | 225.8 |
Revenue growth | 11.7% | -15.3% | 9.3% | 16.6% | 23.1% | 26.6% | 34.9% | 35.5% |
Cost of goods sold | 412.9 | 386.1 | 440.4 | 394.7 | 343.2 | 275.4 | 211.7 | 159.0 |
Gross profit | 158.9 | 125.9 | 164.2 | 158.5 | 131.1 | 110.1 | 92.8 | 66.8 |
Gross margin | 27.8% | 24.6% | 27.2% | 28.6% | 27.7% | 28.6% | 30.5% | 29.6% |
Sales and marketing | 41.2 | 41.2 | 45.1 | 41.1 | 34.3 | 29.0 | 25.7 | 21.3 |
Research and development | | | | | | | | 1.6 |
General and administrative | 101.2 | 89.6 | 92.4 | 87.5 | 63.2 | 54.6 | 46.0 | 36.1 |
EBIT | 16.4 | 0.3 | 45.1 | 14.7 | 28.6 | 26.4 | 21.1 | 6.4 |
EBIT margin | 2.9% | 0.1% | 7.5% | 2.7% | 6.0% | 6.9% | 6.9% | 2.8% |
Pre-tax income | 14.6 | -2.7 | 39.6 | 13.7 | 37.7 | 24.7 | 17.5 | 4.5 |
Income taxes | 6.2 | 7.3 | 9.1 | 4.2 | 8.0 | 3.5 | 2.3 | -0.1 |
Tax rate | 42.4% | | 23.1% | 30.5% | 21.3% | 14.3% | 13.3% | |
Earnings from continuing ops | 8.4 | -10.0 | 30.5 | 9.6 | 29.8 | 21.7 | 14.4 | 4.6 |
Earnings from discontinued ops | -18.8 | -42.5 | 5.0 | 0.5 | | | | 3.5 |
Net income | -10.4 | -52.5 | 35.5 | 10.1 | 29.8 | 21.7 | 14.4 | 8.0 |
Net margin | -1.8% | -10.2% | 5.9% | 1.8% | 6.3% | 5.6% | 4.7% | 3.5% |
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Diluted EPS | $0.22 | ($0.26) | $0.77 | $0.25 | $0.82 | $0.61 | $0.53 | $0.07 |
Shares outstanding (diluted) | 38.6 | 38.6 | 39.8 | 38.8 | 36.4 | 35.6 | 27.1 | 66.8 |
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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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