CapLease, Inc. (LSE) [Rocket]

In millions, except per share items	Sep-30-13	Jun-30-13	Mar-31-13	Dec-31-12	Sep-30-12	Jun-30-12	Mar-31-12	Dec-31-11
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Revenues:
Rental revenue	37.4	37.2	35.3	35.3	35.1	33.7	33.0	32.7
Interest income from loans and securities	1.6				1.9
Other	7.3	7.9	8.1	6.3	4.7	6.0	6.0	6.3
Total revenues [+]	46.3	45.1	43.4	41.6	41.8	39.7	39.0	39.0
Tenant reimbursements	7.1	6.2	6.0		4.6	3.6	3.8
Lease / rental	37.4	37.2	35.3		35.1	33.7	33.0
Net interest income	16.8				16.7
Other income	0.2	0.2	0.2		0.2	0.4	0.2
Revenue growth [+]	10.7%	13.7%	11.2%	6.6%	2.3%	-3.8%	-5.5%	2.7%
Rental revenue	6.5%	10.5%	7.0%	8.0%	8.6%	6.1%	5.8%	18.8%
Interest income from loans and securities	-17.8%				-59.8%
Cost of goods sold	10.1	9.3	9.1	70.4	7.2	6.6	6.4	92.6
Gross profit	36.2	35.9	34.3	-28.8	34.6	33.1	32.6	-53.7
Gross margin	78.3%	79.5%	79.1%	-69.3%	82.8%	83.3%	83.5%	-137.7%
Selling, general and administrative [+]	2.7	3.2	3.1	3.0	2.8	2.9	3.0	2.5
General and administrative	2.7	3.2	3.1	3.0	2.8	2.9	3.0	2.5
Other operating expenses	37.2	37.3	35.3	47.7	36.8	43.8	32.7	40.1
EBITDA [+]		-4.8	-4.2	-67.3	-5.1	-13.3	-2.8	-84.1
EBITDA growth	229.7%	-63.8%	49.0%	-19.9%	-88.1%	-22.1%	-90.0%	-706.7%
EBITDA margin	-36.0%	-10.7%	-9.6%	-161.9%	-12.1%	-33.5%	-7.2%	-215.6%
Depreciation and amortization		12.4	12.0	12.3	12.1	12.2	12.1	12.2
EBIT [+]	-16.7	-17.2	-16.2	-79.5	-17.2	-25.5	-14.9	-96.3
EBIT growth	-3.0%	-32.4%	8.4%	-17.4%	-68.8%	-13.4%	-46.7%	178.2%
EBIT margin	-36.0%	-38.2%	-37.3%	-191.4%	-41.1%	-64.2%	-38.3%	-247.0%
Non-recurring items [+]								-16.4
Asset impairment								-16.4
Interest expense, net [+]	15.2	14.7	14.4	59.4	14.8	14.9	15.0	56.9
Interest expense	16.8	16.2	16.3	67.1	16.7	17.0	17.0	76.6
Interest income	1.6	1.5	1.9	7.8	1.9	2.1	2.0	19.7
Other income (expense), net [+]	33.6	32.4	32.6	153.8	33.4	33.9	31.9	149.8
Gain (loss) on investments						-15.2		-1.0
Gain (loss) on debt retirement							2.0
Gain (loss) on derivative instruments	0.0	0.0
Other					0.9
Pre-tax income	1.7	0.5	2.0	14.9	1.5	-6.4	2.1	13.0
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate						0.3%	0.0%
Minority interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Earnings from continuing ops	-1.5	-2.8	-1.5	-18.6	-1.2	7.0	0.4	-0.4
Earnings from discontinued ops				16.6	0.0	-15.9		14.9
Net income	-1.5	-2.8	-1.5	-2.0	-1.3	-8.9	0.4	14.4
Net margin	-3.3%	-6.2%	-3.5%	-4.8%	-3.0%	-22.3%	1.1%	37.0%

Basic EPS [+]	($0.02)	($0.03)	($0.02)	($0.28)	($0.02)	$0.10	$0.01	($0.01)
Growth	-8.7%	-130.2%	-403.2%	3991.0%	-8.4%	-267.5%	-112.1%	-96.3%
Diluted EPS [+]	($0.02)	($0.03)	($0.02)	($0.28)	($0.02)	$0.10	$0.01	($0.01)
Growth	-8.9%	-130.2%	-402.2%	3991.0%	-8.4%	-267.5%	-112.1%	-96.3%

Dividends per share [+]	$0.08	$0.08	$0.08	$0.39	$0.07	$0.07	$0.07	$0.35
Growth	10.7%	19.2%	19.2%	11.0%	7.7%	0.0%	0.0%	440.6%

Shares outstanding (basic) [+]	88.8	88.0	76.2	67.1	66.8	66.8	66.3	64.8
Growth	33.1%	31.8%	14.9%	3.6%	-1.3%	-1.0%	15.3%	15.3%
Shares outstanding (diluted) [+]	89.0	88.1	76.4	67.1	66.8	66.8	66.3	64.8
Growth	33.3%	32.0%	15.3%	3.6%	-1.3%	-1.0%	15.3%	15.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.