| 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 |
| Revenues: |
| Property rentals | | | | | | 151.4 | 138.7 | 136.6 |
| Expense reimbursements | | | | | | | 69.2 | 64.2 |
| Other | | | | | | 75.5 | | |
| Total revenues [+] | 206.1 | 199.1 | 226.4 | 232.8 | 230.6 | 226.9 | 207.9 | 200.8 |
| Tenant reimbursements | | | | | | | 69.2 | 64.2 |
| Lease / rental | | | | | | 151.4 | 138.7 | 136.6 |
| Revenue growth [+] | 3.5% | -12.0% | -2.8% | 1.0% | 1.6% | 9.1% | 3.5% | 2.2% |
| Property rentals | | | | | | 9.2% | 1.5% | 0.5% |
| Expense reimbursements | | | | | | | 7.9% | 6.0% |
| Cost of goods sold | 91.1 | 88.4 | 89.7 | 93.8 | 85.1 | 82.2 | 76.2 | 69.9 |
| Gross profit | 115.1 | 110.7 | 136.6 | 139.1 | 145.4 | 144.7 | 131.7 | 130.9 |
| Gross margin | 55.8% | 55.6% | 60.4% | 59.7% | 63.1% | 63.8% | 63.3% | 65.2% |
| Selling, general and administrative [+] | 5.9 | 6.3 | 5.8 | 5.3 | 5.3 | 5.4 | 5.4 | 5.0 |
| General and administrative | 5.9 | 6.3 | 5.8 | 5.3 | 5.3 | 5.4 | 5.4 | 5.0 |
| Other operating expenses | -73.4 | 8.6 | 8.8 | 12.0 | | | | |
| EBITDA [+] | 184.2 | 98.6 | 127.2 | 127.1 | 143.9 | 141.8 | 128.9 | 128.6 |
| EBITDA growth | 86.8% | -22.5% | 0.1% | -11.7% | 1.5% | 10.1% | 0.2% | -0.2% |
| EBITDA margin | 89.4% | 49.5% | 56.2% | 54.6% | 62.4% | 62.5% | 62.0% | 64.0% |
| Depreciation and amortization | 34.6 | 35.1 | 36.5 | 38.5 | 38.7 | 36.4 | 33.7 | 31.9 |
| EBIT [+] | 149.6 | 63.5 | 90.7 | 88.6 | 105.3 | 105.5 | 95.2 | 96.7 |
| EBIT growth | 135.7% | -30.0% | 2.4% | -15.8% | -0.2% | 10.8% | -1.5% | -0.8% |
| EBIT margin | 72.6% | 31.9% | 40.1% | 38.1% | 45.7% | 46.5% | 45.8% | 48.1% |
| Interest expense, net [+] | 19.7 | 24.2 | 38.9 | 44.5 | 31.5 | 22.2 | 18.3 | 29.6 |
| Interest expense | 19.7 | 24.2 | 38.9 | 44.5 | 31.5 | 22.2 | 24.2 | 32.1 |
| Interest income | | | | | | | 5.9 | 2.4 |
| Other income (expense), net | 0.6 | 2.7 | 8.2 | 12.5 | 6.7 | 3.3 | | |
| Pre-tax income | 130.6 | 41.9 | 60.1 | 56.6 | 80.5 | 86.5 | 76.9 | 67.1 |
| Income taxes | -2.3 | 0.0 | 0.0 | 23.8 | 0.0 | 0.0 | 0.0 | -0.3 |
| Tax rate | | 0.0% | 0.0% | 42.0% | 0.0% | 0.1% | 0.0% | |
| Earnings from continuing ops | 130.6 | 41.9 | 60.1 | 56.6 | 80.5 | 86.5 | 76.9 | 67.4 |
| Earnings from discontinued ops | | | | | | | | 0.5 |
| Net income | 132.9 | 41.9 | 60.1 | 32.8 | 80.5 | 86.5 | 76.9 | 67.9 |
| Net margin | 64.5% | 21.1% | 26.5% | 14.1% | 34.9% | 38.1% | 37.0% | 33.8% |
| |
| Basic EPS [+] | $25.49 | $8.19 | $11.74 | $11.07 | $15.74 | $16.91 | $15.04 | $13.19 |
| Growth | 211.2% | -30.2% | 6.0% | -29.7% | -6.9% | 12.4% | 14.1% | 23.3% |
| Diluted EPS [+] | $25.49 | $8.19 | $11.74 | $11.07 | $15.74 | $16.91 | $15.04 | $13.19 |
| Growth | 211.2% | -30.2% | 6.0% | -29.7% | -6.9% | 12.4% | 14.1% | 23.3% |
| |
| Dividends per share [+] | $18.00 | $18.00 | $18.00 | $18.00 | $17.00 | $16.00 | $14.00 | $13.00 |
| Growth | 0.0% | 0.0% | 0.0% | 5.9% | 6.3% | 14.3% | 7.7% | 18.2% |
| |
| Shares outstanding (basic) [+] | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 |
| Growth | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares outstanding (diluted) [+] | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 | 5.1 |
| Growth | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |