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/A | 10-K |
Total interest income | 16.6 | 12.5 | 5.6 | 1.6 | 1.2 | 1.4 | 0.8 | 0.6 |
Total interest expense | 2.3 | 1.9 | 0.9 | 0.6 | 1.0 | 0.6 | 0.2 | 0.0 |
Net interest income | 14.3 | 10.6 | 4.7 | 1.1 | 0.2 | 0.8 | 0.7 | 0.6 |
Gain on sale of investments, net | | | | | | 0.1 | 0.5 | |
Other non-interest income | | | | | 33.8 | 34.5 | 27.6 | 21.4 |
Total non-interest income | | | | | 33.8 | 34.5 | 28.0 | 21.4 |
Equity in earnings | | | -0.3 | -0.1 | | | | |
Pre-tax income before non-recurring items | -44.3 | 42.6 | -19.5 | 56.0 | 74.6 | 55.0 | 50.9 | 1.9 |
Non-recurring items | 29.4 | 6.1 | | 13.4 | 66.2 | 9.5 | 5.4 | 0.7 |
Pre-tax income | -73.6 | 36.5 | -19.5 | 42.6 | 8.4 | 45.5 | 45.5 | 1.1 |
Income taxes | -12.9 | 8.5 | -5.0 | 10.8 | -3.5 | 19.1 | 17.4 | -1.5 |
Tax rate | 17.5% | 23.3% | 25.7% | 25.4% | | 42.1% | 38.2% | |
Minority interest | | 0.7 | 0.6 | 2.1 | 1.7 | 1.4 | | |
Earnings from continuing ops | -60.8 | 27.2 | -30.3 | 29.6 | 10.3 | 24.9 | 28.1 | 2.6 |
Earnings from discontinued ops | | 65.6 | 4.3 | 5.7 | | | | |
Net income | -60.8 | 92.9 | -26.0 | 35.3 | 10.3 | 24.9 | 28.1 | 2.6 |
Net margin | -27.7% | 26.7% | -9.5% | 9.2% | 2.4% | 6.7% | 10.5% | 1.7% |
|
Basic EPS | ($1.63) | $0.62 | ($0.65) | $0.61 | $0.22 | $0.61 | $0.77 | $0.08 |
Diluted EPS | ($1.63) | $0.62 | ($0.65) | $0.61 | $0.21 | $0.58 | $0.71 | $0.07 |
|
Shares outstanding (basic) | 37.4 | 43.7 | 46.7 | 48.6 | 47.6 | 40.6 | 36.6 | 34.9 |
Shares outstanding (diluted) | 37.4 | 44.2 | 46.7 | 48.8 | 48.4 | 43.2 | 39.6 | 37.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |