In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total interest expense | | | | | | | | 172.1 |
Net interest income | | | | | | | | 172.1 |
Provision for loan losses | | | | | | 517.8 | | 9.4 |
Net interest income after provision for loan losses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -517.8 | 0.0 | 162.7 |
Gain on sale of investments, net | 7.4 | 3.5 | | | | 151.1 | | |
Other non-interest income | 1.1 | 10.2 | 1.3 | | | | | |
Total non-interest income | 8.5 | 13.7 | 1.3 | | | 151.1 | | |
Equity in earnings | -2.0 | 5.7 | -2.9 | 0.1 | 0.3 | -0.1 | 10.2 | 4.9 |
Pre-tax income before non-recurring items | -10.2 | 6.7 | -12.0 | -20.5 | -25.7 | -647.7 | 0.0 | 161.7 |
Non-recurring items | 6.2 | 2.8 | 0.1 | | | | | |
Asset impairment | | | | | | 3.9 | | |
Pre-tax income | -16.4 | 3.9 | -12.1 | -20.5 | -25.7 | -651.7 | 0.0 | 161.7 |
Income taxes | -0.8 | -6.4 | -3.3 | -0.6 | -1.0 | -2.5 | 0.0 | -1.3 |
Tax rate | 4.9% | | 27.5% | 2.8% | 3.8% | 0.4% | | |
Minority interest | 0.2 | | | | -0.1 | 0.8 | | |
Earnings from continuing ops | 45.2 | -15.3 | -25.5 | -28.1 | -22.2 | -543.4 | | 156.4 |
Earnings from discontinued ops | -0.5 | 393.0 | -153.2 | 358.4 | -946.6 | 14.3 | | -1.4 |
Net income | 44.6 | 377.7 | -178.7 | 330.3 | -968.8 | -529.0 | 0.0 | 155.0 |
Net margin | 41.4% | 666.0% | -485.3% | 4250.1% | -80933.4% | -276.1% | 0.0% | 49.1% |
|
Basic EPS | $0.43 | ($0.25) | ($0.49) | ($0.56) | ($0.44) | ($10.90) | | $5.59 |
Diluted EPS | $0.42 | ($0.25) | ($0.49) | ($0.56) | ($0.44) | ($10.90) | | $5.32 |
|
Shares outstanding (basic) | 104.8 | 61.5 | 52.0 | 50.2 | 49.9 | 49.9 | | 28.0 |
Shares outstanding (diluted) | 107.8 | 61.5 | 52.0 | 50.2 | 49.9 | 49.9 | | 29.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |