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 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income on loans | | | | 0.0 | | | | |
Total interest income | | | | 0.0 | 131.0 | 121.2 | 105.3 | 121.3 |
Total interest expense | | | | | 84.8 | 51.5 | 29.2 | 18.9 |
Net interest income | | | | 0.0 | 46.1 | 69.7 | 76.1 | 102.4 |
Net interest income after provision for loan losses | 0.0 | 0.0 | 0.0 | 0.0 | 46.1 | 69.7 | 76.1 | 102.4 |
Gain on sale of investments, net | | | | -124.0 | -123.8 | 5.9 | -69.3 | -207.9 |
Other non-interest income | | | | 0.3 | | | | |
Total non-interest income | | | | -123.7 | -123.8 | 5.9 | -69.3 | -207.9 |
Pre-tax income before non-recurring items | 9.5 | -7.9 | -67.7 | 13.7 | -91.1 | 57.0 | -14.0 | -30.8 |
Non-recurring items | | 0.0 | 0.0 | | | | | |
Pre-tax income | 9.5 | -7.9 | -67.7 | 13.7 | -91.1 | 57.0 | -14.0 | -30.8 |
Income taxes | 4.1 | 1.6 | 0.0 | 0.0 | 0.7 | 39.6 | 27.4 | 38.6 |
Tax rate | 43.1% | | 0.0% | 0.0% | | 69.4% | | |
Net income | 0.0 | -12.4 | -70.7 | 11.1 | -92.4 | 17.2 | -41.3 | -69.4 |
Net margin | 0.0% | | | -9.0% | 118.9% | 22.7% | -608.4% | 65.8% |
|
Basic EPS | | ($0.38) | ($2.00) | $0.31 | ($3.18) | $0.67 | ($1.79) | ($3.02) |
Diluted EPS | | ($0.38) | ($2.00) | $0.31 | ($3.18) | $0.66 | ($1.79) | ($3.02) |
|
Shares outstanding (basic) | | 32.3 | 35.3 | 35.7 | 29.1 | 25.6 | 23.1 | 23.0 |
Shares outstanding (diluted) | | 32.3 | 35.3 | 35.8 | 29.1 | 26.0 | 23.1 | 23.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |