Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 116.1 | 80.8 | 62.5 | 88.5 | 87.3 | 67.5 | 58.0 | 77.5 |
Revenue growth | 43.7% | 29.2% | -29.4% | 1.4% | 29.3% | 16.4% | -25.2% | -6.9% |
Cost of goods sold | 43.3 | 35.9 | 30.4 | 32.7 | 31.1 | 30.1 | 26.4 | 29.5 |
Gross profit | 72.7 | 44.9 | 32.1 | 55.8 | 56.1 | 37.3 | 31.5 | 48.0 |
Gross margin | 62.7% | 55.5% | 51.4% | 63.1% | 64.3% | 55.3% | 54.4% | 61.9% |
Selling, general and administrative | | | | | | | | |
General and administrative | 24.1 | 16.0 | 15.1 | 16.7 | 15.2 | 13.8 | 14.2 | 12.9 |
EBIT | 48.7 | 28.8 | 17.0 | 39.1 | 41.0 | 23.6 | 9.5 | -75.8 |
EBIT margin | 41.9% | 35.7% | 27.2% | 44.2% | 47.0% | 34.9% | 16.4% | -97.8% |
Pre-tax income | 48.7 | 28.8 | 18.1 | 41.2 | 41.0 | 23.6 | 17.4 | -70.2 |
Income taxes | 20.4 | 12.0 | 7.5 | 16.6 | 17.0 | 9.4 | 6.9 | -24.4 |
Tax rate | 42.0% | 41.4% | 41.4% | 40.2% | 41.5% | 39.9% | 40.0% | 34.7% |
Net income | 28.2 | 16.9 | 10.6 | 24.6 | 24.0 | 14.1 | 10.2 | -44.3 |
Net margin | 24.3% | 20.9% | 16.9% | 27.8% | 27.5% | 21.0% | 17.7% | -57.1% |
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Diluted EPS | $0.62 | $0.36 | $0.21 | $0.46 | $0.51 | $0.29 | $0.21 | ($0.90) |
Shares outstanding (diluted) | 45.6 | 47.5 | 51.6 | 52.9 | 47.4 | 48.1 | 49.4 | 49.2 |
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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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