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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Landmark Apartment Trust, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]0.00.00.054.142.137.531.912.7
            Revenue growth    -100.0%28.4%12.4%17.5%150.9%1827.9%
Cost of goods sold  0.00.00.00.00.00.016.06.2
Gross profit  0.00.00.054.142.137.515.86.5
            Gross margin     100.0%100.0%100.0%49.7%51.0%
Selling, general and administrative   [+]23.319.413.38.21.81.65.42.4
Equity in earnings     0.1    
Other operating expenses  -43.7-23.1-13.732.021.018.1  
EBITDA   [+]      11.44.4
            EBITDA margin     5.3%15.4%15.6%35.7%34.5%
Depreciation  -31.6-37.4-3.9-0.4-0.4 12.65.7
EBITA  52.041.04.23.36.95.8-1.2-1.3
            EBITA margin     6.1%16.4%15.6%-3.9%-10.1%
Amortization of intangibles  31.637.43.90.40.4   
EBIT   [+]20.43.60.32.96.55.8-1.2-1.3
            EBIT margin     5.3%15.4%15.6%-3.9%-10.1%
Non-recurring items   [+]20.43.60.31.75.40.0  
Interest expense, net   [+]   10.311.90.00.20.1
Other income (expense), net   [+]-3.5-47.3-28.9  -5.8-11.4-4.2
Pre-tax income  -66.6-83.0-42.3-9.1-10.80.0-12.8-5.6
Income taxes  0.2-3.50.0-0.10.00.00.00.0
            Tax rate   4.3%0.0%1.3%0.0% 0.0%0.0%
Minority interest  -1.0-1.0    0.0 
Earnings from continuing ops  -66.7-79.5-42.3-9.1-10.8-5.7-12.8-5.6
Earnings from discontinued ops   10.60.70.1    
Net income  -25.3-32.6-34.9-8.9-10.8-5.7-12.8-5.6
            Net margin     -16.5%-25.6%-15.3%-40.2%-43.9%
   
Basic EPS   [+]($2.64)($3.50)($2.09)($0.46)($0.59)($0.35)($1.04)($1.10)
Diluted EPS   [+]($2.64)($3.50)($2.09)($0.46)($0.59)($0.35)($1.04)($1.10)
   
Dividends per share   [+]$0.23$0.22$0.21$0.24$0.36$0.35  
   
Shares outstanding (basic)   [+]25.322.720.219.918.216.212.35.1
Shares outstanding (diluted)   [+]25.322.720.219.918.216.212.35.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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