Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 86.2 | 50.1 | 84.0 | 332.3 | 35.4 | 3,235.6 | 3,041.0 | 3,476.9 |
Revenue growth | 71.9% | -40.3% | -74.7% | 838.6% | | 6.4% | -12.5% | -2.2% |
Cost of goods sold | 2,801.7 | 2,046.4 | 2,559.8 | 2,894.0 | 3,265.7 | 2,860.8 | 2,868.0 | 3,380.1 |
Gross profit | -2,715.5 | -1,996.3 | -2,475.8 | -2,561.7 | -3,230.3 | 374.8 | 173.0 | 96.8 |
Gross margin | -3151.1% | -3982.0% | -2945.8% | -770.9% | -9125.2% | 11.6% | 5.7% | 2.8% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 88.5 | 65.2 | 79.0 |
EBIT | -41.4 | -199.6 | -203.3 | -6.0 | -63.0 | 286.3 | 107.9 | 17.8 |
EBIT margin | -48.1% | -398.1% | -241.9% | -1.8% | -178.0% | 8.8% | 3.5% | 0.5% |
Pre-tax income | -43.0 | -161.1 | -172.9 | 5.6 | -55.2 | 250.4 | 72.3 | 25.2 |
Income taxes | 1.8 | -50.4 | -21.3 | -20.1 | -132.1 | 90.9 | 28.9 | 13.4 |
Tax rate | | 31.3% | 12.3% | | 239.4% | 36.3% | 40.0% | 53.2% |
Earnings from continuing ops | -66.0 | -108.8 | -167.7 | 4.4 | 56.1 | 159.5 | 43.4 | 11.8 |
Earnings from discontinued ops | | | 0.8 | 11.5 | 5.0 | | | |
Net income | -66.0 | -108.8 | -166.9 | 15.9 | 61.1 | 159.5 | 43.4 | 11.8 |
Net margin | -76.6% | -217.0% | -198.5% | 4.8% | 172.5% | 4.9% | 1.4% | 0.3% |
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Diluted EPS | ($1.41) | ($3.14) | ($4.40) | $0.11 | $1.12 | $3.92 | $1.13 | $0.39 |
Shares outstanding (diluted) | 46.7 | 34.6 | 38.1 | 41.3 | 50.2 | 40.7 | 38.3 | 30.5 |
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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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