| In millions, except per share items | Sep-30-09 | Jun-30-09 | Mar-31-09 | Dec-31-08 | Sep-30-08 | Jun-30-08 | Mar-31-08 | Dec-31-07 |
| | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Revenues: |
| U.S. Operating Real Estate | | | 8.3 | | | | 8.3 | |
| Puerto Rican Operating Real Estate | | | 0.2 | | | | 0.1 | |
| Other | | | 0.9 | | | | 3.7 | |
| Total revenues | 12.1 | 12.0 | 9.4 | 57.8 | 9.9 | 14.6 | 12.1 | 23.9 |
| Revenue growth [+] | 21.8% | -18.1% | -22.7% | 141.7% | -48.1% | -28.4% | -44.8% | -14.7% |
| U.S. Operating Real Estate | | | 0.0% | | | | | |
| Puerto Rican Operating Real Estate | | | 90.5% | | | | | |
| Cost of goods sold | 9.3 | 8.2 | 6.8 | 47.1 | 7.3 | 11.4 | 9.2 | 16.7 |
| Gross profit | 2.7 | 3.7 | 2.6 | 10.7 | 2.6 | 3.2 | 3.0 | 7.2 |
| Gross margin | 22.6% | 31.1% | 27.3% | 18.6% | 26.0% | 22.1% | 24.3% | 30.1% |
| Selling, general and administrative | 1.2 | 1.3 | 1.3 | 9.2 | 1.1 | 1.3 | 1.4 | 2.4 |
| Equity in earnings | 0.1 | 0.1 | 0.1 | 0.7 | 0.2 | 0.2 | 0.2 | 2.2 |
| Other operating expenses | | | | 0.8 | | | | |
| EBITDA [+] | 2.9 | 3.8 | 2.7 | 3.9 | 4.1 | 4.6 | 4.3 | 9.4 |
| EBITDA growth | -29.4% | -16.6% | -37.2% | -58.5% | -27.7% | -30.3% | -47.7% | -9.3% |
| EBITDA margin | 23.8% | 31.8% | 28.6% | 6.7% | 41.1% | 31.2% | 35.2% | 39.3% |
| Depreciation and amortization | 1.3 | 1.2 | 1.3 | 2.5 | 2.5 | 2.4 | 2.6 | 2.4 |
| EBIT [+] | 1.6 | 2.6 | 1.4 | 1.4 | 1.6 | 2.1 | 1.7 | 7.0 |
| EBIT growth | -1.9% | 21.2% | -16.6% | -80.0% | -50.0% | -49.0% | -72.0% | -15.0% |
| EBIT margin | 13.0% | 21.4% | 14.9% | 2.4% | 16.2% | 14.5% | 13.8% | 29.1% |
| Non-recurring items | | | | 7.5 | | | | |
| Interest expense | 2.6 | 2.7 | 2.8 | 17.4 | 2.5 | 2.5 | 2.5 | 18.7 |
| Interest expense | 2.6 | 2.7 | 2.8 | 17.4 | 2.5 | 2.5 | 2.5 | 18.7 |
| Other income (expense), net | 0.1 | 0.1 | 0.1 | 9.5 | 0.1 | 0.2 | 0.2 | 12.2 |
| Pre-tax income | -1.0 | 0.0 | -1.3 | -14.0 | -0.7 | -0.2 | -0.6 | 0.4 |
| Income taxes | -0.6 | 0.1 | -1.2 | 0.5 | -0.8 | -0.1 | -0.2 | -0.3 |
| Tax rate | 58.1% | | 87.8% | | 104.5% | 45.7% | 31.6% | |
| Minority interest | 0.6 | 0.5 | 0.8 | | -0.4 | 0.2 | 1.2 | |
| Earnings from continuing ops | -0.4 | -0.1 | -0.2 | -11.4 | 0.0 | -0.1 | -0.4 | -0.5 |
| Earnings from discontinued ops | 49.8 | | | 0.0 | -0.3 | | | |
| Net income | 24.0 | 1.4 | 0.6 | -11.4 | -0.3 | 0.0 | 0.0 | -0.5 |
| Net margin | 199.0% | 11.5% | 6.4% | -19.6% | -2.6% | -0.1% | -0.3% | -2.3% |
| |
| Basic EPS [+] | ($0.08) | ($0.03) | ($0.03) | ($2.18) | $0.01 | ($0.02) | ($0.08) | ($0.10) |
| Growth | -1333.3% | 19.6% | -61.7% | 2000.4% | -103.0% | -34.6% | -1865.6% | -133.9% |
| Diluted EPS [+] | ($0.08) | ($0.03) | ($0.03) | ($2.18) | $0.01 | ($0.02) | ($0.08) | ($0.10) |
| Growth | -1333.3% | 19.6% | -61.7% | 2000.4% | -103.0% | -34.6% | -1865.6% | -133.9% |
| |
| Shares outstanding (basic) [+] | 5.3 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 |
| Growth | 1.7% | 0.2% | 0.3% | 0.2% | 0.3% | 0.1% | 0.1% | 0.1% |
| Shares outstanding (diluted) [+] | 5.3 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 | 5.2 |
| Growth | 1.7% | 0.2% | 0.3% | 0.2% | 0.3% | 0.1% | 0.1% | 0.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |