| 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 |
| | 20-F | 20-F | 20-F | 20-F | 20-F | 20-F | 20-F | 20-F |
| Revenues: |
| Time charters (operating leases) | 171.1 | 137.9 | 108.4 | 107.9 | 112.5 | | | |
| Voyage charters | 13.5 | 3.0 | | 9.7 | 4.2 | | | |
| Total revenues | 184.7 | 140.9 | 108.4 | 117.6 | 116.7 | 241.6 | 220.3 | 192.8 |
| Revenue growth [+] | 31.1% | 30.0% | -7.8% | 0.8% | -51.7% | 9.7% | 14.3% | |
| Time charters (operating leases) | 24.1% | 27.2% | 0.4% | -4.1% | | | | |
| Voyage charters | 355.3% | | | 131.8% | | | | |
| Cost of goods sold | 4.2 | 1.3 | 0.1 | 4.4 | 1.4 | 2.6 | 1.8 | 1.8 |
| Gross profit | 180.5 | 139.5 | 108.3 | 113.2 | 115.3 | 239.0 | 218.6 | 191.0 |
| Gross margin | 97.7% | 99.0% | 99.9% | 96.3% | 98.8% | 98.9% | 99.2% | 99.1% |
| Selling, general and administrative [+] | 12.7 | 9.6 | 7.3 | 7.8 | 8.7 | 12.0 | 11.6 | 6.3 |
| General and administrative | 12.7 | 9.6 | 7.3 | 7.8 | 8.7 | 12.0 | 11.6 | 6.3 |
| Other operating expenses | 49.6 | 41.3 | 31.6 | 33.3 | 32.7 | 79.4 | 70.5 | 66.5 |
| EBITDA [+] | 118.2 | 88.6 | 69.4 | 72.1 | 73.9 | 147.6 | 136.5 | 118.2 |
| EBITDA growth | 33.3% | 27.7% | -3.8% | -2.4% | -49.9% | 8.1% | 15.5% | |
| EBITDA margin | 64.0% | 62.9% | 64.0% | 61.3% | 63.3% | 61.1% | 62.0% | 61.3% |
| Depreciation and amortization | 46.9 | 41.4 | 29.3 | 32.8 | 36.0 | 71.9 | 62.7 | 57.5 |
| EBIT [+] | 71.2 | 47.2 | 40.1 | 39.3 | 37.9 | 75.7 | 73.8 | 60.7 |
| EBIT growth | 50.8% | 17.7% | 2.1% | 3.6% | -49.9% | 2.5% | 21.6% | |
| EBIT margin | 38.6% | 33.5% | 37.0% | 33.4% | 32.5% | 31.3% | 33.5% | 31.5% |
| Non-recurring items [+] | -46.8 | | | 28.8 | 3.3 | | | |
| Asset impairment | | | | 28.8 | 3.3 | | | |
| Loss (gain) on sale of assets | -46.8 | | | | | | | |
| Interest expense, net [+] | 20.1 | 16.7 | 17.0 | 19.0 | 20.0 | 24.3 | 18.4 | 16.7 |
| Interest expense | 20.1 | 16.7 | 17.0 | 19.0 | 20.0 | 24.3 | 20.1 | 19.2 |
| Interest income | | | | | | | 1.7 | 2.5 |
| Other income (expense), net | 0.2 | -0.1 | 1.3 | 0.8 | 1.1 | 1.1 | | -44.0 |
| Pre-tax income | 98.2 | 30.4 | 24.4 | -7.6 | 15.8 | 52.5 | 55.4 | 0.0 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Net income | 98.2 | 30.4 | 24.4 | -7.6 | 15.8 | 52.5 | 55.4 | 44.0 |
| Net margin | 53.2% | 21.6% | 22.5% | -6.5% | 13.5% | 21.7% | 25.1% | 22.8% |
| |
| Basic EPS [+] | $5.35 | $1.67 | $1.34 | ($0.42) | $0.89 | $3.07 | $0.48 | $0.47 |
| Growth | 220.7% | 24.2% | -419.5% | -147.1% | -70.9% | 536.7% | 2.2% | |
| Diluted EPS [+] | $5.35 | $1.67 | $1.34 | ($0.42) | $0.89 | $3.07 | $0.48 | $0.47 |
| Growth | 220.7% | 24.2% | -419.5% | -147.1% | -70.9% | 536.7% | 2.2% | |
| |
| Dividends per share [+] | $0.42 | $0.94 | $1.58 | $2.91 | $2.92 | $3.98 | $1.07 | $1.10 |
| Growth | -55.8% | -40.7% | -45.5% | -0.4% | -26.8% | 273.3% | -3.1% | |
| |
| Shares outstanding (basic) [+] | 18.3 | 18.2 | 18.2 | 18.1 | 17.7 | 17.1 | 115.0 | 93.4 |
| Growth | 0.8% | 0.1% | 0.4% | 2.3% | 3.4% | -85.1% | 23.2% | |
| Shares outstanding (diluted) [+] | 18.3 | 18.2 | 18.2 | 18.1 | 17.7 | 17.1 | 115.0 | 93.4 |
| Growth | 0.8% | 0.1% | 0.4% | 2.3% | 3.4% | -85.1% | 23.2% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |