Financial Summary (All financials)
In millions, except per share items | Jun-30-19 | Jul-01-18 | Jul-02-17 | Jul-03-16 | Jun-28-15 | Jun-29-14 | Jun-30-13 | Jul-01-12 |
Revenues | 1,836.6 | 1,881.3 | 1,786.1 | 1,808.8 | 1,894.8 | 1,859.1 | 1,862.5 | 2,066.5 |
Revenue growth | -2.4% | 5.3% | -1.3% | -4.5% | 1.9% | -0.2% | -9.9% | -2.1% |
Cost of goods sold | 1,535.6 | 1,483.2 | 1,402.3 | 1,446.3 | 1,535.7 | 1,512.3 | 1,533.4 | 1,729.8 |
Gross profit | 301.1 | 398.1 | 383.8 | 362.5 | 359.1 | 346.8 | 329.1 | 336.7 |
Gross margin | 16.4% | 21.2% | 21.5% | 20.0% | 19.0% | 18.7% | 17.7% | 16.3% |
Selling, general and administrative | 349.3 | 375.2 | 300.1 | 305.5 | 289.9 | 291.4 | 276.2 | 290.4 |
EBITA | -26.9 | 44.8 | 109.4 | 72.1 | 96.3 | 63.5 | 74.2 | 93.0 |
EBITA margin | -1.5% | 2.4% | 6.1% | 4.0% | 5.1% | 3.4% | 4.0% | 4.5% |
Amortization of intangibles | 3.3 | 3.4 | 3.5 | 3.4 | 2.8 | 2.2 | 2.5 | 1.9 |
EBIT | -30.2 | 41.4 | 105.9 | 68.7 | 93.5 | 61.3 | 71.7 | 91.1 |
EBIT margin | -1.6% | 2.2% | 5.9% | 3.8% | 4.9% | 3.3% | 3.9% | 4.4% |
Pre-tax income | -68.1 | 11.1 | 79.7 | 35.4 | 57.0 | 37.1 | -52.1 | 29.9 |
Income taxes | -14.0 | 22.4 | 23.0 | 8.8 | 11.3 | 8.8 | -18.5 | 0.9 |
Tax rate | 20.6% | 202.0% | 28.9% | 24.9% | 19.8% | 23.7% | 35.5% | 2.9% |
Net income | -54.1 | -11.3 | 56.7 | 26.6 | 45.7 | 28.3 | -33.7 | 29.0 |
Net margin | -2.9% | -0.6% | 3.2% | 1.5% | 2.4% | 1.5% | -1.8% | 1.4% |
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Diluted EPS | ($1.30) | ($0.27) | $1.34 | $0.61 | $1.03 | $0.61 | ($0.71) | $0.58 |
Shares outstanding (diluted) | 41.6 | 42.1 | 42.3 | 43.2 | 44.4 | 46.4 | 47.2 | 49.9 |
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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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