In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Rental income | | | | | | | 132.5 | |
Tenant reimbursements and other income | | | | | | | 20.8 | |
Total revenues [+] | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 153.3 | 147.9 |
Tenant reimbursements | | | | | | | 20.8 | |
Lease / rental | | | | | | | 132.5 | |
Revenue growth | | | | | | -100.0% | 3.7% | |
Cost of goods sold [+] | 81.5 | 48.8 | 55.9 | 48.0 | 32.3 | 28.8 | 27.8 | 31.6 |
Real estate taxes and insurance | 50.6 | 30.1 | 35.2 | 30.4 | 19.3 | 17.9 | 17.2 | |
Other direct costs | 30.9 | 18.7 | 20.7 | 17.6 | 13.0 | 10.9 | 10.6 | |
Gross profit | -81.5 | -48.8 | -55.9 | -48.0 | -32.3 | -28.8 | 125.5 | 116.3 |
Gross margin | | | | | | | 81.9% | 78.6% |
Selling, general and administrative [+] | 32.9 | 16.7 | 0.2 | 17.2 | 11.3 | 16.8 | 9.2 | 8.7 |
General and administrative | 32.9 | 16.7 | 0.2 | 17.2 | 11.3 | 16.8 | 9.2 | 8.7 |
Equity in earnings | 7.1 | 40.9 | 0.5 | 0.7 | | | | |
Other operating expenses | -330.9 | -191.0 | -278.3 | -228.6 | -162.5 | -156.5 | | 8.5 |
EBITDA [+] | 217.5 | 164.9 | 220.6 | 161.8 | 117.7 | 109.8 | 115.2 | 90.2 |
EBITDA growth | 31.9% | -25.2% | 36.4% | 37.5% | 7.2% | -4.7% | 27.8% | |
EBITDA margin | | | | | | | 75.2% | 61.0% |
Depreciation | 106.2 | 32.5 | 43.8 | 38.2 | 18.8 | 17.7 | 17.6 | 16.4 |
EBITA | 111.2 | 132.5 | 176.7 | 123.6 | 98.9 | 92.0 | 97.7 | 73.8 |
EBITA margin | | | | | | | 63.7% | 49.9% |
Amortization of intangibles | 48.6 | 16.7 | 24.6 | 21.5 | 8.6 | 8.4 | 8.4 | |
EBIT [+] | 62.6 | 115.8 | 152.2 | 102.1 | 90.3 | 83.6 | 89.2 | 73.8 |
EBIT growth | -45.9% | -23.9% | 49.0% | 13.1% | 8.0% | -6.3% | 21.0% | |
EBIT margin | | | | | | | 58.2% | 49.9% |
Non-recurring items [+] | 101.3 | 1.1 | 19.6 | | | 1.0 | 0.0 | |
Asset impairment | 100.7 | | | | | | | |
Interest expense, net [+] | 277.4 | 35.6 | 51.5 | 50.1 | 15.9 | 2.4 | 2.3 | 2.1 |
Interest expense | 280.1 | 35.6 | 51.6 | 50.8 | 16.1 | 2.4 | 2.3 | 2.1 |
Interest income | 2.7 | | 0.1 | 0.7 | 0.2 | | | |
Other income (expense), net [+] | 22.2 | | -0.1 | | | | | |
Gain (loss) on sale of assets | 0.0 | 12.1 | 24.0 | | | | | |
Gain (loss) on investments | -5.8 | | | | | | | |
Gain (loss) on debt retirement | -22.2 | | 0.1 | | | | | |
Pre-tax income | -293.9 | 79.0 | 81.0 | 52.0 | 74.4 | 80.1 | 86.9 | 71.7 |
Income taxes | 0.0 | 0.3 | 0.3 | -0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.3% | 0.3% | | 0.0% | 0.1% | 0.1% | 0.1% |
Minority interest | -60.1 | | -0.9 | | | | | |
Net income | -226.7 | 119.7 | 82.1 | 52.5 | 74.4 | 80.1 | 86.9 | 71.6 |
Net margin | | | | | | | 56.7% | 48.4% |
|
Basic EPS [+] | ($3.47) | $1.84 | $1.26 | $0.81 | $1.16 | $1.78 | $1.93 | $1.59 |
Growth | -289.2% | 45.7% | 56.2% | -30.4% | -34.8% | -7.8% | 21.3% | |
Diluted EPS [+] | ($3.47) | $1.84 | $1.26 | $0.81 | $1.16 | $1.78 | $1.93 | $1.59 |
Growth | -289.3% | 45.6% | 56.2% | -30.4% | -34.8% | -7.8% | 21.3% | |
|
Dividends per share [+] | $0.68 | $1.32 | $1.32 | $1.32 | $0.93 | | | |
Growth | -48.5% | 0.0% | 0.0% | 41.9% | | | | |
|
Shares outstanding (basic) [+] | 65.2 | 65.2 | 65.1 | 65.0 | 64.1 | 45.0 | 45.0 | 45.0 |
Growth | 0.1% | 0.1% | 0.1% | 1.4% | 42.5% | 0.0% | 0.0% | |
Shares outstanding (diluted) [+] | 65.2 | 65.2 | 65.1 | 65.1 | 64.1 | 45.0 | 45.0 | 45.0 |
Growth | 0.1% | 0.1% | 0.1% | 1.4% | 42.5% | 0.0% | 0.0% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |