InvenTrust Properties Corp. (IARE) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Total revenues [+]	212.0	197.8	226.5	242.7	251.8	242.7	257.6	59.4
Tenant reimbursements							57.4
Management fees							3.8
Lease / rental						181.5	192.1
Other real estate							4.3
Revenue growth	7.2%	-12.7%	-6.7%	-3.6%	3.8%	-5.8%	334.1%	-17.9%
Cost of goods sold [+]	31.3	30.8	34.2	35.2	71.2	71.1	70.7	86.1
Real estate taxes and insurance					35.6	35.7	36.1
Real estate or leased property costs					35.7	35.4	34.5
Gross profit	180.7	167.0	192.3	207.5	180.6	171.6	187.0	-26.7
Gross margin	85.2%	84.4%	84.9%	85.5%	71.7%	70.7%	72.6%	-45.0%
Selling, general and administrative [+]	38.2	33.1	35.4	35.3	42.7	49.1	69.7	61.3
General and administrative	38.2	33.1	35.4	35.3	42.7	49.1	69.7	61.3
Equity in earnings						9.3	35.1
Other operating expenses	61.9	81.7	-36.6	-70.6	1.8	-117.7		-409.8
EBITDA [+]	80.5	52.1	193.5	242.8	136.1	282.3	230.2	653.8
EBITDA growth	54.4%	-73.0%	-20.3%	78.4%	-51.8%	22.6%	-64.8%	29.9%
EBITDA margin	38.0%	26.4%	85.4%	100.0%	54.1%	116.3%	89.3%	1101.5%
Depreciation	66.4	62.3	70.2	75.0	69.7	95.5	143.7	303.8
EBITA	14.2	-10.2	123.2	167.7	66.4	186.7	86.5	350.0
EBITA margin	6.7%	-5.1%	54.4%	69.1%	26.4%	76.9%	33.6%	589.6%
Amortization of intangibles	20.8	25.4	27.2	25.6	25.6	20.9	19.3	28.2
EBIT [+]	-6.6	-35.6	96.0	142.2	40.8	165.9	67.2	321.8
EBIT growth	-81.4%	-137.1%	-32.5%	248.7%	-75.4%	147.0%	-79.1%	169.2%
EBIT margin	-3.1%	-18.0%	42.4%	58.6%	16.2%	68.3%	26.1%	542.1%
Non-recurring items [+]	1.5	-7.3	59.7	95.1	24.1	128.9	108.2	85.4
Asset impairment		-9.0	-2.4			128.9	108.2	85.4
Interest expense, net [+]	16.3	18.7	22.7	24.9	30.2	44.1	41.9	-12.7
Interest expense	16.3	18.7	22.7	24.9	30.2	44.1	53.7	80.0
Interest income							11.8	12.7
Other income (expense), net [+]	19.0	36.9	50.2	61.7	72.7	126.6	59.5	80.0
Gain (loss) on sale of assets						117.8	40.7
Gain (loss) on debt retirement	-0.4	-2.5	-2.9	9.1	0.8	2.8	-4.6
Other	0.6	3.3	1.4	2.7		2.3	15.5
Pre-tax income	-5.4	-10.2	63.9	83.8	59.3	119.4	-23.5	249.0
Income taxes	0.0	0.0	25.5	0.0	1.3	0.2	1.8	0.7
Tax rate	0.0%	0.0%	39.9%	0.0%	2.2%	0.2%		0.3%
Earnings from continuing ops	-5.4	-10.2	63.9	83.8	58.0	119.2	-25.3	248.3
Earnings from discontinued ops					3.8	133.5	28.8	238.4
Net income	-5.4	-10.2	38.4	83.8	61.8	252.7	3.5	486.6
Net margin	-2.5%	-5.1%	17.0%	34.6%	24.5%	104.1%	1.3%	819.9%

Basic EPS [+]	($0.08)	($0.14)	$0.88	$0.11	$0.07	$0.14	($0.03)	$0.28
Growth	-46.6%	-116.1%	695.5%	47.0%	-46.3%	-575.1%	-110.4%	-141.2%
Diluted EPS [+]	($0.08)	($0.14)	$0.88	$0.11	$0.07	$0.14	($0.03)	$0.28
Growth	-46.6%	-116.1%	695.6%	47.1%	-46.4%	-575.1%	-110.4%	-141.2%

Dividends per share [+]	$0.78	$0.75	$0.73	$0.07	$0.07	$0.12	$0.17	$0.50
Growth	3.9%	3.0%	925.7%	3.2%	-40.2%	-32.1%	-66.0%	0.1%

Shares outstanding (basic) [+]	71.1	72.0	72.9	761.1	773.4	854.6	861.8	878.1
Growth	-1.3%	-1.2%	-90.4%	-1.6%	-9.5%	-0.8%	-1.8%	-2.4%
Shares outstanding (diluted) [+]	71.1	72.0	73.0	762.1	774.6	854.7	861.8	878.1
Growth	-1.3%	-1.3%	-90.4%	-1.6%	-9.4%	-0.8%	-1.8%	-2.4%

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