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 | Oct-31-08 |
| 10-K | 10-K/A | 10-K/A | 10-K/A | 10-K | 10-K | 10-K/A | 10-K/A |
Revenues: |
Coast Crane equipment rentals | 32.8 | 31.0 | 35.8 | 25.3 | | | | |
Essex Crane equipment rentals | 20.6 | 33.9 | 35.4 | 28.6 | | | | |
Parts and service | 20.3 | 19.4 | 22.9 | 21.5 | 2.0 | | | |
Equipment repairs and maintenance | 11.5 | 11.7 | 13.4 | 11.6 | 5.0 | 6.1 | | |
Other | 18.3 | | | 2.6 | 34.5 | 45.9 | | |
Total revenues [+] | 103.4 | 95.5 | 98.3 | 89.6 | 41.5 | 52.1 | 14.9 | 71.0 |
Shipping & handling | 7.7 | 5.9 | 7.5 | 5.4 | 4.8 | 4.9 | | |
Lease / rental | 49.7 | 46.6 | 46.5 | 42.0 | 25.0 | 34.6 | | |
Revenue growth [+] | 8.3% | -2.8% | 9.7% | 115.7% | -20.3% | 250.2% | -81.0% | |
Coast Crane equipment rentals | 5.7% | -13.4% | 41.6% | | | | | |
Essex Crane equipment rentals | -39.3% | -4.2% | 23.8% | | | | | |
Parts and service | 4.8% | -15.5% | 6.9% | 970.1% | | | | |
Equipment repairs and maintenance | -2.3% | -12.1% | 14.9% | 131.0% | -18.0% | | | |
Equipment distribution | -11.4% | 174.3% | -71.2% | 1046.9% | | | | |
Cost of goods sold [+] | 81.8 | 73.3 | 76.9 | 76.5 | 35.4 | 32.9 | 7.1 | 29.5 |
Labor costs | 11.5 | 10.8 | 11.0 | 10.6 | 5.9 | 6.0 | | |
Other cost of sales | 3.5 | 3.1 | 3.1 | 2.6 | 1.4 | 1.5 | | |
Gross profit | 21.7 | 22.2 | 21.3 | 13.1 | 6.1 | 19.2 | 7.8 | 41.4 |
Gross margin | 21.0% | 23.2% | 21.7% | 14.6% | 14.8% | 36.8% | 52.6% | 58.4% |
Selling, general and administrative | 23.8 | 24.4 | 27.0 | 28.5 | 13.0 | 10.5 | 4.0 | 13.7 |
Other operating expenses | -18.3 | -18.7 | -20.5 | -21.1 | -12.7 | -11.2 | 0.1 | 0.1 |
EBITDA [+] | 15.9 | 16.1 | 14.4 | 5.1 | 5.4 | 19.2 | 5.6 | 34.7 |
EBITDA growth | -1.8% | 11.7% | 184.5% | -5.4% | -72.0% | 243.8% | -81.5% | |
EBITDA margin | 15.3% | 16.9% | 14.7% | 5.7% | 12.9% | 36.8% | 37.5% | 48.9% |
Depreciation | 18.6 | 19.1 | 21.0 | 21.3 | 12.1 | 10.2 | 1.9 | 7.0 |
EBITA | -2.7 | -2.9 | -6.5 | -16.2 | -6.8 | 9.0 | 3.6 | 27.7 |
EBITA margin | -2.6% | -3.1% | -6.6% | -18.1% | -16.3% | 17.3% | 24.4% | 39.0% |
Amortization of intangibles | 0.3 | 0.3 | 0.4 | 0.6 | 1.0 | 1.2 | | |
EBIT [+] | -3.0 | -3.2 | -6.9 | -16.8 | -7.8 | 7.9 | 3.6 | 27.7 |
EBIT growth | -6.4% | -53.4% | -58.7% | 115.3% | -199.2% | 116.3% | -87.9% | |
EBIT margin | -2.9% | -3.4% | -7.1% | -18.7% | -18.8% | 15.1% | 24.4% | 39.0% |
Non-recurring items [+] | 0.8 | | | | | | 23.9 | |
Asset impairment | 0.8 | | | | | | 23.9 | |
Interest expense | 14.0 | 11.7 | 11.3 | 11.5 | 7.2 | 6.7 | 1.1 | 7.7 |
Interest expense | 14.0 | 11.7 | 11.3 | 11.5 | 7.2 | 6.7 | 1.1 | 7.7 |
Other income (expense), net [+] | -0.4 | 0.2 | 0.0 | 0.3 | 0.1 | 0.0 | 1.4 | -0.5 |
Other | 0.0 | 0.6 | 0.0 | 0.3 | 0.1 | 0.0 | | |
Pre-tax income | -18.1 | -14.7 | -18.2 | -27.9 | -14.9 | 1.2 | -20.0 | 19.5 |
Income taxes | -6.9 | -5.1 | -5.6 | -10.8 | -3.5 | 0.0 | -8.1 | 8.1 |
Tax rate | 38.2% | 34.4% | 30.5% | 38.6% | 23.6% | | 40.4% | 41.4% |
Net income | -11.2 | -9.6 | -12.7 | -17.1 | -11.4 | 1.2 | -11.9 | 11.4 |
Net margin | -10.8% | -10.1% | -12.9% | -19.1% | -27.5% | 2.3% | -80.1% | 16.1% |
|
Basic EPS [+] | ($0.45) | ($0.39) | ($0.52) | ($0.72) | ($0.71) | $0.08 | ($0.88) | |
Growth | 15.5% | -24.1% | -28.4% | 1.6% | -936.0% | -109.6% | | |
Diluted EPS [+] | ($0.45) | ($0.39) | ($0.50) | ($0.72) | ($0.71) | $0.08 | ($0.88) | |
Growth | 15.5% | -21.0% | -28.4% | 1.6% | -1036.4% | -108.6% | | |
|
Shares outstanding (basic) [+] | 24.8 | 24.7 | 24.5 | 23.8 | 16.1 | 14.1 | 13.5 | |
Growth | 0.6% | 0.5% | 3.0% | 48.0% | 14.1% | 4.4% | | |
Shares outstanding (diluted) [+] | 24.8 | 24.7 | 25.5 | 23.8 | 16.1 | 15.8 | 13.5 | |
Growth | 0.6% | 0.5% | 7.2% | 48.0% | 1.9% | 16.9% | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |