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 | 1,377.4 | 1,244.8 | 1,300.2 | 1,487.6 | 1,402.9 | 1,270.6 | 1,120.9 | 863.5 |
| Revenue growth | 10.7% | -4.3% | -12.6% | 6.0% | 10.4% | 13.4% | 29.8% | 13.2% |
| Cost of goods sold | 952.5 | 876.2 | 923.0 | 1,055.7 | 1,029.3 | 922.7 | 808.0 | 618.1 |
| Gross profit | 424.9 | 368.6 | 377.2 | 431.9 | 373.6 | 347.9 | 312.9 | 245.4 |
| Gross margin | 30.8% | 29.6% | 29.0% | 29.0% | 26.6% | 27.4% | 27.9% | 28.4% |
| Selling, general and administrative | 295.0 | 266.7 | 252.6 | 309.7 | 282.1 | 263.7 | 252.6 | 209.7 |
| Research and development | 20.1 | 18.7 | 17.3 | 20.1 | 18.2 | 21.2 | 15.4 | 11.7 |
| EBIT | 79.8 | 56.0 | 81.1 | 73.3 | 9.6 | 37.9 | 5.0 | -1.8 |
| EBIT margin | 5.8% | 4.5% | 6.2% | 4.9% | 0.7% | 3.0% | 0.4% | -0.2% |
| Pre-tax income | 93.9 | 70.0 | 96.4 | 86.1 | 32.7 | 59.6 | 24.3 | 15.6 |
| Income taxes | 30.0 | 22.3 | 36.3 | 36.8 | 18.6 | 19.8 | 7.0 | 5.5 |
| Tax rate | 31.9% | 31.9% | 37.7% | 42.7% | 56.9% | 33.2% | 28.8% | 35.3% |
| Earnings from continuing ops | 64.5 | 48.3 | 60.5 | 49.3 | 14.1 | 39.8 | 17.3 | 10.1 |
| Earnings from discontinued ops | 6.7 | -0.6 | 0.0 | 35.3 | 14.2 | | -7.4 | 14.5 |
| Net income | 70.7 | 47.1 | 37.0 | 84.6 | 28.3 | 40.5 | 19.9 | 27.4 |
| Net margin | 5.1% | 3.8% | 2.8% | 5.7% | 2.0% | 3.2% | 1.8% | 3.2% |
| |
| Diluted EPS | $2.56 | $1.92 | $2.43 | $2.00 | $0.58 | $1.67 | $0.74 | $0.45 |
| Shares outstanding (diluted) | 25.2 | 25.1 | 24.9 | 24.7 | 24.3 | 23.8 | 23.5 | 22.6 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|