| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 10-K |
| Revenues: |
| Office Properties | 63.1 | | | | | | | |
| Total revenues [+] | 63.1 | 58.0 | 66.3 | 127.9 | 197.0 | 197.0 | 340.6 | 500.7 |
| Lease / rental | | | | | | | 324.4 | 409.1 |
| Revenue growth | 8.9% | -12.5% | -48.2% | -35.1% | -42.1% | | -32.0% | -30.0% |
| Cost of goods sold | 24.2 | 25.9 | 28.9 | 46.4 | 79.9 | 79.9 | 141.4 | 0.0 |
| Gross profit | 39.0 | 32.1 | 37.4 | 81.4 | 117.1 | 117.1 | 199.1 | 500.7 |
| Gross margin | 61.7% | 55.4% | 56.5% | 63.7% | 59.4% | 59.4% | 58.5% | 100.0% |
| Selling, general and administrative [+] | 30.4 | 37.4 | 33.2 | 38.4 | 44.4 | 44.4 | 47.8 | 50.3 |
| General and administrative | 30.4 | 37.4 | 33.2 | 38.4 | 44.4 | 44.4 | 47.8 | 50.3 |
| Equity in earnings | | | | | | | | |
| Other operating expenses | -0.1 | | -447.0 | -409.4 | -237.2 | -32.6 | -14.5 | 200.7 |
| EBITDA [+] | 6.1 | -7.9 | 448.0 | 448.2 | 303.4 | 105.2 | 157.4 | 241.7 |
| EBITDA growth | -177.4% | -101.8% | 0.0% | 47.7% | 92.8% | | -34.9% | -24.1% |
| EBITDA margin | 9.7% | -13.6% | 676.0% | 350.6% | 154.0% | 53.4% | 46.2% | 48.3% |
| Depreciation | 15.2 | 15.2 | 16.2 | 23.8 | 40.4 | 49.0 | 73.2 | 102.7 |
| EBITA | -9.1 | -23.1 | 431.9 | 424.5 | 263.0 | 56.2 | 84.2 | 139.0 |
| EBITA margin | -14.5% | -39.8% | 651.6% | 332.0% | 133.5% | 28.5% | 24.7% | 27.8% |
| Amortization of intangibles | | | | 0.2 | 2.2 | | 9.0 | 21.1 |
| EBIT [+] | -9.1 | -23.1 | 431.9 | 424.3 | 260.8 | 56.2 | 75.2 | 117.9 |
| EBIT growth | -60.5% | -105.4% | 1.8% | 62.7% | 246.9% | | -36.2% | -14.9% |
| EBIT margin | -14.5% | -39.8% | 651.6% | 331.9% | 132.4% | 28.5% | 22.1% | 23.6% |
| Non-recurring items [+] | | | | | 12.1 | -239.3 | 19.7 | 58.5 |
| Asset impairment | | | | | 12.1 | 12.1 | 19.7 | 58.5 |
| Loss (gain) on sale of assets | | | | | | -251.4 | | |
| Interest expense | | | 0.6 | 8.9 | 26.6 | 26.6 | 52.2 | 84.3 |
| Interest expense | | | 0.6 | 8.9 | 26.6 | 26.6 | 52.2 | 84.3 |
| Other income (expense), net [+] | 46.9 | 6.8 | 21.1 | 78.8 | 53.9 | 7.1 | 26.9 | 258.5 |
| Gain (loss) on sale of assets | 0.1 | | 446.7 | 422.2 | 251.4 | | 15.5 | 250.9 |
| Gain (loss) on debt retirement | | | 0.1 | -6.4 | -7.1 | -7.1 | -0.5 | -2.7 |
| Gain (loss) on foreign currency transactions | | | | | | | | 0.0 |
| Pre-tax income | 37.8 | -16.3 | 452.3 | 494.2 | 276.1 | 276.1 | 30.2 | 233.6 |
| Income taxes | 0.5 | 0.1 | 0.2 | 1.3 | 3.2 | 3.2 | 0.5 | 0.7 |
| Tax rate | 1.2% | | 0.1% | 0.3% | 1.1% | 1.1% | 1.7% | 0.3% |
| Minority interest | 0.1 | 0.0 | 0.8 | 0.2 | 0.1 | -0.1 | 0.0 | |
| Net income | 29.3 | -24.4 | 443.3 | 484.7 | 264.8 | 272.9 | 21.7 | 205.3 |
| Net margin | 46.4% | -42.0% | 668.9% | 379.1% | 134.4% | 138.5% | 6.4% | 41.0% |
| |
| Basic EPS [+] | $0.26 | ($0.20) | $3.64 | $3.97 | $2.17 | | $0.17 | $1.64 |
| Growth | -230.5% | -105.5% | -8.3% | 83.4% | 1140.3% | | -89.3% | 192.6% |
| Diluted EPS [+] | $0.26 | ($0.20) | $3.50 | $3.84 | $2.15 | | $0.17 | $1.62 |
| Growth | -229.2% | -105.7% | -8.8% | 78.9% | 1139.5% | | -89.3% | 191.5% |
| |
| Shares outstanding (basic) [+] | 111.7 | 121.4 | 121.8 | 122.1 | 122.3 | | 124.1 | 125.5 |
| Growth | -8.0% | -0.3% | -0.2% | -0.2% | -1.5% | | -1.1% | -2.4% |
| Shares outstanding (diluted) [+] | 112.8 | 121.4 | 126.6 | 126.3 | 123.4 | | 125.1 | 126.8 |
| Growth | -7.1% | -4.1% | 0.3% | 2.3% | -1.4% | | -1.3% | -2.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |