NATIONAL HEALTHCARE CORP (NHC) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Gain on sale of investments, net				0.0	0.3	0.8	0.6	0.4
Other non-interest income	5.0	5.4	6.2	7.1	8.0	7.2
Total non-interest income	5.0	5.4	6.2	7.1	8.3	8.0	0.6	0.4
Asset impairment	8.2
Pre-tax income	150.0	52.4	88.0	74.9	74.5	80.2	85.3	85.2
Income taxes	11.0	10.4	20.0	16.2	18.9	29.7	32.1	31.8
Tax rate	7.3%	19.9%	22.8%	21.6%	25.3%	37.0%	37.7%	37.4%
Minority interest	0.5	0.1	-0.2	-0.3	-0.5
Net income	138.6	41.9	68.2	59.0	56.2	50.5	46.3	44.7
Net margin	12.9%	4.1%	6.8%	6.0%	5.8%	5.5%	5.1%	5.1%

Basic EPS	$9.03	$2.74	$4.47	$3.87	$3.70	$3.34	$3.34	$3.24
Diluted EPS	$8.99	$2.72	$4.44	$3.87	$3.69	$3.32	$3.20	$3.14

Shares outstanding (basic)	15.3	15.3	15.3	15.2	15.2	15.1	13.9	13.8
Shares outstanding (diluted)	15.4	15.4	15.4	15.2	15.2	15.2	14.5	14.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.