In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Storage Solutions | 490.7 | 477.0 | 435.5 | | 423.5 | 439.0 | 406.5 | 379.9 |
Tank & Pump Solutions | 121.9 | 116.2 | 98.1 | | 107.3 | 6.4 | | |
Total revenues [+] | 612.6 | 593.2 | 533.5 | 508.6 | 530.8 | 445.5 | 406.5 | 379.9 |
Products | | | | | 30.0 | 31.6 | 38.1 | 37.8 |
Lease / rental | | | | | 494.7 | 410.4 | 366.3 | 340.0 |
Other | | | | | 6.1 | 3.5 | 2.1 | 2.2 |
Revenue growth [+] | 3.3% | 11.2% | 4.9% | -4.2% | 19.1% | 9.6% | 7.0% | 5.8% |
Storage Solutions | 2.9% | 9.5% | | | -3.5% | 8.0% | 7.0% | |
Tank & Pump Solutions | 4.9% | 18.5% | | | 1567.6% | | | |
Cost of goods sold | 388.2 | 386.6 | 357.4 | 325.8 | 19.7 | 21.9 | 25.4 | 23.2 |
Gross profit | 224.4 | 206.7 | 176.1 | 182.9 | 511.1 | 423.5 | 381.1 | 356.7 |
Gross margin | 36.6% | 34.8% | 33.0% | 36.0% | 96.3% | 95.1% | 93.7% | 93.9% |
Selling, general and administrative | 70.6 | 171.1 | 66.3 | 69.8 | 147.3 | 42.9 | 37.8 | 43.1 |
Other operating expenses | -70.6 | -171.1 | -66.3 | -69.8 | 179.0 | 238.6 | 238.4 | 175.6 |
EBITDA [+] | 224.4 | 206.7 | 176.1 | 182.9 | 184.9 | 142.0 | 105.0 | 138.2 |
EBITDA growth | 8.6% | 17.4% | -3.7% | -1.1% | 30.2% | 35.3% | -24.0% | 4.8% |
EBITDA margin | 36.6% | 34.8% | 33.0% | 36.0% | 34.8% | 31.9% | 25.8% | 36.4% |
Depreciation | 64.0 | 60.5 | 56.9 | 57.3 | 54.3 | 37.7 | 34.0 | 34.0 |
EBITA | 160.4 | 146.2 | 119.2 | 125.5 | 130.5 | 104.3 | 71.0 | 104.2 |
EBITA margin | 26.2% | 24.6% | 22.3% | 24.7% | 24.6% | 23.4% | 17.5% | 27.4% |
Amortization of intangibles | 6.6 | 6.5 | 6.5 | 6.4 | 6.0 | 1.6 | 1.6 | 2.2 |
EBIT [+] | 153.8 | 139.7 | 112.7 | 119.1 | 124.5 | 102.7 | 69.4 | 102.0 |
EBIT growth | 10.1% | 23.9% | -5.4% | -4.3% | 21.2% | 48.0% | -32.0% | 6.0% |
EBIT margin | 25.1% | 23.5% | 21.1% | 23.4% | 23.5% | 23.1% | 17.1% | 26.9% |
Non-recurring items [+] | | 104.1 | 2.9 | 6.0 | 86.9 | 3.5 | 2.4 | 7.1 |
Asset impairment | | 102.1 | | | 66.1 | | | |
Restructuring charges | | 2.0 | 2.9 | 6.0 | 20.8 | 3.5 | 2.4 | 7.1 |
Interest expense, net [+] | 41.4 | 40.9 | 35.7 | 32.7 | 35.9 | 28.7 | 29.5 | 37.3 |
Interest expense | 41.4 | 40.9 | 35.7 | 32.7 | 35.9 | 28.7 | 29.5 | 37.3 |
Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | | 0.0 | 0.0 |
Other income (expense), net [+] | -0.4 | 0.1 | 0.0 | -11.5 | -0.9 | 0.0 | 0.0 | -4.7 |
Gain (loss) on debt retirement | -0.1 | | | -2.3 | -0.9 | | | -2.8 |
Gain (loss) on foreign currency transactions | -0.3 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Write-off of deferred debt issuance costs | -0.1 | | | -2.3 | -0.9 | | | -1.9 |
Pre-tax income | 112.1 | -5.3 | 74.1 | 68.9 | 0.8 | 70.4 | 37.5 | 52.9 |
Income taxes | 28.3 | 2.8 | -48.1 | 21.7 | -4.8 | 26.0 | 12.3 | 18.5 |
Tax rate | 25.3% | | | 31.4% | | 37.0% | 32.7% | 35.0% |
Earnings from continuing ops | 83.7 | -8.1 | 122.2 | 47.2 | 5.6 | 44.4 | 26.5 | 34.7 |
Earnings from discontinued ops | | | | | | | -1.3 | -0.2 |
Net income | 83.7 | -8.1 | 122.2 | 47.2 | 5.6 | 44.4 | 25.2 | 34.4 |
Net margin | 13.7% | -1.4% | 22.9% | 9.3% | 1.1% | 10.0% | 6.2% | 9.1% |
|
Basic EPS [+] | $1.90 | ($0.18) | $2.77 | $1.07 | $0.12 | $0.96 | $0.58 | $0.78 |
Growth | -1141.4% | -106.6% | 159.2% | 763.2% | -87.1% | 65.3% | -24.9% | 6.9% |
Diluted EPS [+] | $1.88 | ($0.18) | $2.76 | $1.06 | $0.12 | $0.95 | $0.58 | $0.77 |
Growth | -1132.7% | -106.6% | 159.5% | 768.1% | -87.1% | 65.1% | -25.1% | 13.5% |
|
Dividends per share [+] | $1.10 | $1.00 | $0.91 | $0.82 | $0.75 | $0.68 | | |
Growth | 10.0% | 9.9% | 11.0% | 9.3% | 10.3% | | | |
|
Shares outstanding (basic) [+] | 44.2 | 44.3 | 44.1 | 44.1 | 45.0 | 46.0 | 45.5 | 44.7 |
Growth | -0.3% | 0.5% | -0.2% | -1.8% | -2.3% | 1.2% | 1.8% | 7.4% |
Shares outstanding (diluted) [+] | 44.6 | 44.3 | 44.3 | 44.4 | 45.5 | 46.7 | 46.1 | 45.1 |
Growth | 0.6% | 0.1% | -0.3% | -2.4% | -2.7% | 1.4% | 2.2% | 1.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |