Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 1,256.8 | 1,164.1 | 1,079.1 |
Revenue growth | 8.0% | 7.9% | |
Cost of goods sold | 652.8 | -350.6 | -260.8 |
Gross profit | 604.0 | 1,514.7 | 1,340.0 |
Gross margin | 48.1% | 130.1% | 124.2% |
Sales and marketing | 979.4 | 644.4 | 652.3 |
General and administrative | 364.2 | 147.7 | 90.7 |
EBITA | -1,310.7 | -301.7 | -172.3 |
EBITA margin | -104.3% | -25.9% | -16.0% |
Amortization of intangibles | 24.5 | 8.7 | 4.0 |
EBIT | -1,335.2 | -310.4 | -176.3 |
EBIT margin | -106.2% | -26.7% | -16.3% |
Pre-tax income | -160.9 | -258.1 | -113.0 |
Income taxes | -14.9 | -13.1 | -59.5 |
Tax rate | 9.3% | 5.1% | 52.7% |
Net income | -1,015.2 | -280.3 | -168.7 |
Net margin | -80.8% | -24.1% | -15.6% |
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Diluted EPS | ($13.85) | ($3.95) | ($2.43) |
Shares outstanding (diluted) | 73.3 | 70.9 | 69.5 |
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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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