| 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 | | | | | | | | 194.6 |
| Operating expense reimbursements | | | | | | | | 10.7 |
| Total revenues [+] | 378.9 | 391.2 | 330.1 | 306.2 | 282.2 | 259.3 | 214.2 | 205.3 |
| Tenant reimbursements | | | | | | | | 10.7 |
| Lease / rental | | | | | | | | 194.6 |
| Net investment income | | | | | | | | 0.0 |
| Revenue growth [+] | -3.2% | 18.5% | 7.8% | 8.5% | 8.8% | 21.1% | 4.3% | 119.9% |
| Rental income | | | | | | | | 120.8% |
| Operating expense reimbursements | | | | | | | | 105.0% |
| Cost of goods sold | 32.9 | 32.7 | 32.4 | 28.3 | 28.7 | 28.9 | 38.8 | 18.2 |
| Gross profit | 346.0 | 358.5 | 297.7 | 277.9 | 253.5 | 230.4 | 175.4 | 187.2 |
| Gross margin | 91.3% | 91.6% | 90.2% | 90.8% | 89.8% | 88.9% | 81.9% | 91.1% |
| Selling, general and administrative [+] | 17.7 | 17.2 | 13.3 | 10.1 | 10.4 | 8.6 | 7.1 | 7.2 |
| General and administrative | 17.7 | 17.2 | 13.3 | 10.1 | 10.4 | 8.6 | 7.1 | 7.2 |
| Other operating expenses | 51.9 | 48.6 | 46.0 | 19.2 | 36.6 | 19.6 | -9.6 | 50.6 |
| EBITDA [+] | 276.4 | 292.7 | 238.4 | 248.6 | 206.5 | 202.2 | 177.9 | 129.3 |
| EBITDA growth | -5.6% | 22.7% | -4.1% | 20.4% | 2.1% | 13.7% | 37.5% | 61.0% |
| EBITDA margin | 72.9% | 74.8% | 72.2% | 81.2% | 73.2% | 78.0% | 83.0% | 63.0% |
| Depreciation | 96.2 | 94.1 | 80.5 | 69.3 | 64.8 | 59.4 | 50.3 | 47.6 |
| EBITA | 180.2 | 198.6 | 158.0 | 179.3 | 141.6 | 142.8 | 127.5 | 81.7 |
| EBITA margin | 47.6% | 50.8% | 47.9% | 58.6% | 50.2% | 55.1% | 59.5% | 39.8% |
| Amortization of intangibles | 57.8 | 69.0 | 58.1 | 56.7 | 54.7 | 53.7 | 44.1 | 42.4 |
| EBIT [+] | 122.3 | 129.6 | 99.9 | 122.6 | 86.9 | 89.2 | 83.4 | 39.3 |
| EBIT growth | -5.6% | 29.7% | -18.5% | 41.1% | -2.6% | 6.9% | 112.5% | -1.7% |
| EBIT margin | 32.3% | 33.1% | 30.3% | 40.0% | 30.8% | 34.4% | 38.9% | 19.1% |
| Non-recurring items [+] | 21.8 | 17.7 | 0.7 | 7.7 | 18.9 | 2.0 | 9.8 | 6.1 |
| Asset impairment | 21.6 | 17.5 | | 6.4 | 5.0 | | | |
| Unusual expense | | | | | | 0.0 | | |
| Interest expense | 97.5 | 94.3 | 71.8 | 64.2 | 58.0 | 48.5 | 39.1 | 34.9 |
| Interest expense | 97.5 | 94.3 | 71.8 | 64.2 | 58.0 | 48.5 | 39.1 | 34.9 |
| Other income (expense), net [+] | 20.0 | 6.0 | -11.7 | 0.1 | 3.3 | -12.0 | 17.5 | 5.5 |
| Realized gain (loss) on investments | | | | | | | | -0.1 |
| Gain (loss) on debt retirement | -2.0 | | -3.6 | -0.9 | -3.9 | | | |
| Gain (loss) on derivative instruments | | | | | | | | -3.6 |
| Unrealized gain/loss on derivatives | 18.6 | 5.8 | -2.3 | 0.8 | 7.6 | -8.3 | 7.4 | |
| Other | 1.0 | 0.1 | 0.3 | 0.2 | 0.0 | 0.0 | 0.0 | 0.1 |
| Pre-tax income | 23.1 | 23.5 | 15.7 | 50.8 | 13.3 | 26.7 | 52.0 | 3.9 |
| Income taxes | 11.0 | 12.2 | 5.0 | 4.3 | 2.4 | 3.1 | 4.4 | 5.9 |
| Tax rate | 47.9% | 51.7% | 31.6% | 8.5% | 18.3% | 11.7% | 8.5% | 152.0% |
| Minority interest | | | | | | 0.0 | -0.4 | -0.1 |
| Net income | -8.4 | -8.7 | -7.8 | 34.5 | 1.1 | 20.7 | 47.1 | -2.1 |
| Net margin | -2.2% | -2.2% | -2.4% | 11.3% | 0.4% | 8.0% | 22.0% | -1.0% |
| |
| Basic EPS [+] | ($0.08) | ($0.09) | ($0.09) | $0.41 | $0.02 | $0.31 | $0.83 | ($0.04) |
| Growth | -8.9% | 1.8% | -121.4% | 2505.4% | -95.0% | -62.7% | -2438.5% | -91.6% |
| Diluted EPS [+] | ($0.08) | ($0.09) | ($0.09) | $0.40 | $0.02 | $0.31 | $0.83 | ($0.04) |
| Growth | -8.9% | 1.8% | -121.7% | 2475.0% | -95.0% | -62.7% | -2438.5% | -91.6% |
| |
| Dividends per share [+] | $1.61 | $1.59 | $1.73 | $1.77 | $2.12 | $2.13 | $2.12 | $1.68 |
| Growth | 1.2% | -8.3% | -2.3% | -16.5% | -0.5% | 0.6% | 26.2% | 498.8% |
| |
| Shares outstanding (basic) [+] | 103.7 | 98.3 | 89.5 | 85.0 | 69.4 | 66.9 | 56.7 | 58.1 |
| Growth | 5.5% | 9.8% | 5.2% | 22.5% | 3.8% | 17.9% | -2.4% | -53.9% |
| Shares outstanding (diluted) [+] | 103.7 | 98.3 | 89.5 | 86.3 | 69.7 | 66.9 | 56.7 | 58.1 |
| Growth | 5.5% | 9.8% | 3.6% | 24.0% | 4.2% | 17.9% | -2.4% | -53.9% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |