filings.toolsItem 6. Selected Financial Data
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Item 6. Selected Financial Data
FIVE YEAR SUMMARY OF SELECTED CONSOLIDATED FINANCIAL DATA
(In millions, except shares and per share amounts)
| Year Ended December 31, | ||||||||||||||||||||
| Consolidated Statements of Operations(1) | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
| Total Net sales | $ | 3,722 | $ | 3,574 | $ | 3,650 | $ | 1,671 | $ | 1,038 | ||||||||||
| Gross profit | 1,710 | 1,642 | 1,644 | 778 | 503 | |||||||||||||||
| Net income (loss) | $ | 17 | $ | (137 | ) | $ | (158 | ) | $ | 32 | $ | 134 | ||||||||
| Basic earnings (loss) per share | $ | 0.33 | $ | (2.65 | ) | $ | (3.10 | ) | $ | 0.64 | $ | 2.65 | ||||||||
| Diluted earnings (loss) per share | $ | 0.32 | $ | (2.65 | ) | $ | (3.10 | ) | $ | 0.63 | $ | 2.63 | ||||||||
| Weighted average shares outstanding: | ||||||||||||||||||||
| Basic | 53,021,761 | 51,579,112 | 50,996,297 | 50,789,173 | 50,692,942 | |||||||||||||||
| Diluted | 53,688,832 | 51,579,112 | 50,996,297 | 51,379,698 | 51,063,189 |
| December 31, | ||||||||||||||||||||
| Consolidated Balance Sheets(1) | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
| Cash and cash equivalents, investments and marketable securities | $ | 62 | $ | 156 | $ | 192 | $ | 418 | $ | 416 | ||||||||||
| Total Assets | 4,275 | 4,632 | 5,040 | 5,539 | 1,120 | |||||||||||||||
| Long-term liabilities | 2,441 | 2,891 | 3,252 | 3,346 | 15 | |||||||||||||||
| Total Stockholders’ Equity | 834 | 792 | 893 | 1,040 | 959 |
| (1) | Includes the Enterprise business from its date of acquisition, October 27, 2014. |
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