In millions, except per share items | Sep-30-21 | Mar-31-21 | Dec-31-20 | Sep-30-20 | Jun-30-20 | Mar-31-20 | Dec-31-19 | Sep-30-19 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Revenues: |
Malls | | 486.6 | 520.6 | 554.4 | 610.2 | 669.2 | 699.7 | 724.5 |
All Other | | 54.9 | 55.2 | 57.4 | 58.9 | 69.1 | 69.0 | 71.1 |
Total revenues | | 17.4 | 18.5 | 21.8 | 22.5 | 24.9 | 217.7 | 217.4 |
Revenue growth [+] | | -29.9% | -91.5% | -90.0% | -94.6% | -96.0% | -66.5% | -75.2% |
Malls | | -27.3% | -25.6% | -23.5% | -17.7% | -12.7% | -10.7% | -9.5% |
All Other | | -20.6% | -20.0% | -19.3% | -20.2% | -1.4% | -8.4% | -7.4% |
Cost of goods sold [+] | | 181.6 | 187.9 | 197.9 | 208.1 | 224.3 | 230.7 | 365.8 |
Maintenance and operations costs | | -33.7 | -34.1 | -37.6 | -39.5 | -44.7 | -46.3 | -34.3 |
Real estate taxes and insurance | | -67.8 | -69.7 | -71.2 | -72.7 | -74.0 | -75.5 | -57.8 |
Real estate or leased property costs | | 80.2 | 84.1 | 89.1 | 96.0 | 105.6 | 108.9 | 82.9 |
Gross profit | | -164.2 | -169.3 | -176.1 | -185.6 | -199.5 | -13.0 | -148.3 |
Gross margin | | -942.0% | -913.3% | -809.5% | -824.3% | -801.8% | -6.0% | -68.2% |
Selling, general and administrative [+] | | 65.5 | 70.7 | 77.3 | 64.3 | 60.0 | 64.2 | 62.6 |
General and administrative | | 65.5 | 70.7 | 77.3 | 64.3 | 60.0 | 64.2 | 62.6 |
Equity in earnings | | -18.9 | -14.9 | -10.9 | -5.3 | 2.7 | 4.9 | 8.2 |
Other operating expenses | | -762.0 | -809.2 | -801.5 | -866.9 | -942.2 | -882.8 | -1,014.5 |
EBITDA [+] | | 513.4 | 554.3 | 537.1 | 611.7 | 685.4 | 810.5 | 811.8 |
EBITDA growth | | -25.1% | -31.6% | -33.8% | -17.2% | -4.5% | 35.1% | -1.3% |
EBITDA margin | | 2944.8% | 2989.5% | 2468.4% | 2716.2% | 2755.2% | 372.4% | 373.4% |
Depreciation and amortization | | 207.2 | 215.0 | 221.4 | 232.0 | 243.9 | 257.7 | 266.6 |
EBIT [+] | | 306.1 | 339.3 | 315.7 | 379.6 | 441.5 | 552.8 | 545.3 |
EBIT growth | | -30.7% | -38.6% | -42.1% | -18.3% | 1.7% | 75.7% | 2.5% |
EBIT margin | | 1756.1% | 1829.7% | 1451.1% | 1685.8% | 1774.9% | 253.9% | 250.8% |
Non-recurring items [+] | | 170.9 | 246.5 | 183.1 | 339.0 | 367.3 | 346.7 | 402.8 |
Asset impairment | | 136.9 | 213.4 | 184.4 | 320.0 | 348.3 | 239.5 | 292.0 |
Interest expense, net [+] | | 173.0 | 194.3 | 204.2 | 194.2 | 194.6 | 203.5 | 210.9 |
Interest expense | | 177.8 | 200.7 | 210.0 | 199.4 | 199.3 | 206.3 | 213.9 |
Interest income | | 4.8 | 6.4 | 5.8 | 5.2 | 4.7 | 2.8 | 2.9 |
Other income (expense), net [+] | | -203.8 | -250.8 | -165.8 | -132.6 | -107.4 | -137.5 | -168.5 |
Gain (loss) on investments | | 55.1 | | | | | 67.2 | 11.2 |
Gain (loss) on debt retirement | | | 32.5 | 15.4 | | | | |
Pre-tax income | | -241.6 | -352.4 | -237.4 | -286.2 | -227.7 | -134.9 | -237.1 |
Income taxes | | -17.1 | -16.8 | -17.7 | -18.8 | -3.5 | -3.2 | -2.9 |
Tax rate | | 7.1% | | 7.5% | 6.6% | 1.6% | | 1.2% |
Minority interest | | 19.9 | 35.6 | 41.8 | 40.5 | 40.0 | 23.7 | -1.0 |
Net income | | -225.4 | -332.5 | -247.4 | -283.4 | -237.4 | -153.7 | -241.2 |
Net margin | | -1292.7% | -1793.3% | -1137.1% | -1258.5% | -954.2% | -70.6% | -111.0% |
|
Basic EPS [+] | | ($1.17) | ($1.76) | ($1.34) | ($1.58) | ($1.36) | ($0.89) | ($1.08) |
Growth | | -14.0% | 98.8% | 24.0% | 114.9% | 85.0% | 59.6% | 469.3% |
Diluted EPS [+] | | ($1.17) | ($1.76) | ($1.34) | ($1.58) | ($1.36) | ($0.89) | ($1.08) |
Growth | | -14.0% | 98.8% | 24.0% | 114.9% | 85.0% | 59.6% | 469.3% |
|
Growth | | -100.0% | -100.0% | -100.0% | -100.0% | -100.0% | -87.5% | -95.3% |
|
Shares outstanding (basic) [+] | | 193.1 | 188.7 | 184.5 | 179.5 | 174.9 | 173.4 | 223.1 |
Growth | | 10.4% | 8.8% | -17.3% | -19.5% | -21.5% | -22.0% | 29.6% |
Shares outstanding (diluted) [+] | | 193.1 | 188.7 | 184.5 | 179.5 | 174.9 | 173.4 | 223.1 |
Growth | | 10.4% | 8.8% | -17.3% | -19.5% | -21.5% | -22.0% | 29.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |