| In millions, except per share items | Jun-30-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
| Revenues: |
| International Crude Tankers | 152.2 | 152.9 | 77.1 | 62.1 | 39.6 | 44.5 | 41.8 | 32.5 |
| International Product Carriers | 140.0 | 185.2 | 159.8 | 126.1 | 61.9 | 50.2 | 43.1 | 13.8 |
| Total revenues | 292.2 | 338.2 | 236.8 | 188.2 | 101.5 | 94.7 | 84.8 | 46.3 |
| Revenue growth [+] | 55.3% | 257.2% | 179.2% | 306.4% | 117.0% | 67.0% | -15.1% | -66.9% |
| International Crude Tankers | 145.0% | 243.9% | 84.6% | 90.8% | 5.6% | -5.5% | -50.1% | -70.5% |
| International Product Carriers | 11.1% | 268.9% | 271.0% | 816.6% | 569.2% | 419.9% | 165.0% | -53.1% |
| Cost of goods sold | 79.5 | 74.1 | 68.7 | 70.8 | 71.3 | 79.1 | 75.7 | 35.3 |
| Gross profit | 212.7 | 264.1 | 168.1 | 117.4 | 30.2 | 15.6 | 9.1 | 11.0 |
| Gross margin | 72.8% | 78.1% | 71.0% | 62.4% | 29.7% | 16.5% | 10.7% | 23.7% |
| Selling, general and administrative [+] | 11.5 | 13.5 | 11.8 | 10.8 | 10.2 | 10.1 | 8.1 | 6.8 |
| General and administrative [+] | 11.5 | 13.5 | 11.8 | 10.8 | 10.2 | 10.1 | 8.1 | 6.8 |
| General and administrative expenses | 11.5 | 13.5 | 11.8 | 10.8 | 10.2 | 10.1 | 8.1 | 6.8 |
| Equity in earnings | | 0.3 | 0.0 | -5.2 | 5.6 | 5.3 | 5.7 | 5.4 |
| Other operating expenses | | | 0.0 | | | 4.5 | -5.7 | -5.4 |
| EBITDA [+] | 201.1 | 250.9 | 156.4 | 101.7 | 25.9 | 7.0 | 14.2 | 14.9 |
| EBITDA growth | 97.7% | 3493.1% | 1004.5% | 582.8% | 149.6% | -202.1% | -73.8% | -84.5% |
| EBITDA margin | 68.8% | 74.2% | 66.1% | 54.0% | 25.6% | 7.4% | 16.7% | 32.2% |
| Depreciation | 32.4 | 28.4 | 27.7 | 27.3 | 27.0 | 27.0 | 25.8 | 17.1 |
| EBITA | 168.7 | 222.5 | 128.7 | 74.5 | -1.1 | -20.1 | -11.6 | -2.2 |
| EBITA margin | 57.7% | 65.8% | 54.3% | 39.6% | -1.1% | -21.2% | -13.7% | -4.7% |
| Amortization of intangibles | | | 0.2 | 0.3 | 0.3 | 0.7 | 1.7 | |
| EBIT [+] | 168.7 | 222.5 | 128.5 | 74.1 | -1.4 | -20.7 | -13.4 | -2.2 |
| EBIT growth | 127.6% | -1172.7% | -1060.3% | -3496.8% | -77.9% | -17.1% | -138.2% | -102.8% |
| EBIT margin | 57.7% | 65.8% | 54.3% | 39.4% | -1.4% | -21.9% | -15.8% | -4.7% |
| Non-recurring items [+] | 0.0 | -10.3 | 0.1 | -8.1 | -1.4 | -6.0 | 38.0 | 4.5 |
| Asset impairment | 0.0 | -10.3 | 0.1 | -8.1 | -1.4 | -4.7 | -9.1 | 4.0 |
| Restructuring charges | | | | | | 3.2 | 47.1 | 0.5 |
| Interest expense | 17.9 | 17.1 | 15.3 | 12.6 | 12.7 | 11.9 | 10.6 | 7.0 |
| Interest expense | 17.9 | 17.1 | 15.3 | 12.6 | 12.7 | 11.9 | 10.6 | 7.0 |
| Other income (expense), net [+] | 3.4 | 2.8 | 0.4 | -0.6 | -0.2 | -6.4 | -5.8 | -5.1 |
| Other | 3.4 | 2.8 | 0.4 | -0.6 | -0.2 | -6.4 | -0.1 | 0.3 |
| Pre-tax income | 154.1 | 218.5 | 113.4 | 69.1 | -13.0 | -33.1 | -67.8 | -18.8 |
| Income taxes | 0.4 | 0.0 | 0.0 | 0.1 | 0.0 | 1.6 | 0.0 | 0.0 |
| Tax rate | 0.2% | 0.0% | 0.0% | 0.1% | | | | |
| Minority interest | | | | | | -0.6 | -0.5 | |
| Net income | 153.8 | 218.4 | 113.4 | 69.0 | -13.0 | -34.0 | -67.4 | -18.8 |
| Net margin | 52.6% | 64.6% | 47.9% | 36.7% | -12.8% | -35.9% | -79.4% | -40.6% |
| |
| Basic EPS [+] | $3.14 | $4.42 | $2.30 | $1.39 | ($0.26) | ($0.89) | ($1.44) | ($0.67) |
| Growth | 125.3% | -599.8% | -260.2% | -307.9% | -45.0% | -78.5% | -386.9% | -129.6% |
| Diluted EPS [+] | $3.11 | $4.38 | $2.28 | $1.38 | ($0.26) | ($0.89) | ($1.44) | ($0.67) |
| Growth | 124.9% | -595.1% | -258.8% | -306.7% | -45.0% | -78.5% | -387.8% | -129.8% |
| |
| Dividends per share [+] | | $1.11 | $0.12 | $0.12 | $0.06 | $0.08 | $0.74 | $0.06 |
| Growth | -100.0% | 1317.2% | -83.8% | 99.7% | 0.2% | 32.8% | 1125.5% | 1.8% |
| |
| Shares outstanding (basic) [+] | 49.0 | 49.4 | 49.3 | 49.6 | 49.6 | 38.4 | 46.9 | 28.1 |
| Growth | -1.2% | 28.6% | 5.1% | 76.8% | 76.9% | 35.4% | 67.9% | -1.5% |
| Shares outstanding (diluted) [+] | 49.4 | 49.8 | 49.7 | 49.9 | 49.6 | 38.4 | 46.9 | 28.1 |
| Growth | -0.9% | 29.8% | 6.1% | 77.8% | 76.9% | 35.4% | 67.4% | -2.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |