In millions, except per share items | Sep-30-15 | Jun-30-15 | Mar-31-15 | Dec-31-14 | Sep-30-14 | Jun-30-14 | Mar-31-14 | Dec-31-13 |
| 10-Q | 10-Q | 10-Q/A | 10-K | 10-Q | 10-Q | 10-Q/A | 10-K |
Revenues: |
Reconciliations | 44.7 | 45.8 | 40.5 | 26.8 | 30.2 | 25.1 | 24.8 | 22.8 |
Student Housing Operations | | | | 28.2 | | | | 24.5 |
Property Management Services | 0.2 | 0.3 | 0.4 | | 2.2 | 0.4 | 0.2 | |
Total revenues | 44.6 | 45.7 | 40.3 | 28.7 | 28.3 | 25.0 | 24.7 | 24.8 |
Revenue growth [+] | 57.6% | 82.8% | 63.2% | 16.0% | 21.7% | -31.6% | -25.1% | |
Reconciliations | 47.9% | 82.4% | 63.3% | 17.6% | 25.1% | -64.2% | -52.5% | |
Student Housing Operations | | | | 15.1% | | | | |
Property Management Services | -89.2% | -29.4% | 118.0% | | 95.9% | | | |
Cost of goods sold | 1.0 | 1.9 | 1.7 | 3.2 | 1.0 | 2.0 | 1.2 | 5.0 |
Gross profit | 43.7 | 43.7 | 38.6 | 25.5 | 27.3 | 23.0 | 23.5 | 19.8 |
Gross margin | 97.9% | 95.8% | 95.8% | 88.8% | 96.5% | 92.2% | 95.2% | 79.9% |
Selling, general and administrative [+] | 8.4 | 10.4 | 8.0 | 3.3 | 3.2 | 3.6 | 3.5 | 2.6 |
General and administrative [+] | 8.4 | 10.4 | 8.0 | 3.3 | 3.2 | 3.6 | 3.5 | 2.6 |
General and administrative expenses | 8.4 | 10.4 | 8.0 | 3.3 | 3.2 | 3.6 | 3.5 | 2.6 |
Rent expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Equity in earnings | -1.0 | 0.8 | -2.1 | -5.6 | 0.6 | -0.9 | 0.3 | -7.3 |
Other operating expenses | 26.9 | 19.6 | 20.6 | 38.4 | 134.5 | 11.3 | 9.8 | 14.4 |
EBITDA [+] | 7.3 | 14.5 | 7.9 | -21.7 | -109.7 | 7.2 | 10.5 | -4.6 |
EBITDA growth | -106.7% | 100.1% | -25.0% | 375.9% | -930.3% | -38.6% | 5.6% | |
EBITDA margin | 16.5% | 31.7% | 19.6% | -75.4% | -387.5% | 28.9% | 42.6% | -18.4% |
Depreciation and amortization | 18.9 | 27.9 | 19.8 | 8.2 | 7.0 | 7.3 | 7.0 | 6.5 |
EBIT [+] | -11.6 | -13.4 | -11.9 | -29.8 | -116.7 | 0.0 | 3.5 | -11.1 |
EBIT growth | -90.1% | 63647.6% | -434.2% | 168.7% | -1629.6% | -100.4% | -17.4% | |
EBIT margin | -25.9% | -29.3% | -29.4% | -103.8% | -412.4% | -0.1% | 14.4% | -44.8% |
Interest expense | 9.2 | 9.3 | 7.8 | 6.2 | 3.6 | 3.0 | 3.4 | 4.2 |
Interest expense | 9.2 | 9.3 | 7.8 | 6.2 | 3.6 | 3.0 | 3.4 | 4.2 |
Other income (expense), net [+] | 6.9 | 5.6 | 31.5 | 5.5 | -0.7 | 1.0 | -0.3 | 7.3 |
Other | -0.6 | 0.0 | -0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
Pre-tax income | -13.9 | -17.1 | 11.8 | -30.5 | -121.1 | -2.0 | -0.1 | -8.0 |
Income taxes | 0.2 | 0.0 | 0.0 | 0.0 | -1.1 | 0.2 | 0.2 | 0.4 |
Tax rate | | 0.0% | 0.0% | 0.0% | 0.9% | | | |
Minority interest | -2.5 | -4.0 | -2.2 | -0.5 | -0.8 | 0.0 | 0.0 | -0.1 |
Earnings from continuing ops | -14.7 | -16.1 | 9.8 | -38.2 | -130.0 | -3.5 | -2.0 | -9.4 |
Earnings from discontinued ops | | | | -1.4 | | | | -3.0 |
Net income | -14.7 | -16.1 | 9.8 | -39.5 | -130.0 | -3.5 | -2.0 | -12.4 |
Net margin | -32.9% | -35.2% | 24.3% | -137.5% | -459.1% | -13.8% | -8.0% | -49.9% |
|
Basic EPS [+] | ($0.23) | ($0.25) | $0.15 | ($0.59) | ($2.01) | ($0.05) | ($0.03) | ($0.16) |
Growth | -88.7% | 365.7% | -591.0% | 275.3% | -3621.0% | -224.3% | -241.4% | |
Diluted EPS [+] | ($0.18) | ($0.19) | $0.12 | ($0.59) | ($1.99) | ($0.05) | ($0.03) | ($0.16) |
Growth | -91.2% | 266.6% | -506.6% | 278.0% | -3621.2% | -224.3% | -241.7% | |
|
Dividends per share [+] | | | $0.09 | $0.16 | $0.16 | $0.17 | $0.17 | $0.03 |
Growth | -100.0% | -100.0% | -45.4% | 482.5% | -70.9% | 0.4% | 23.5% | |
|
Shares outstanding (basic) [+] | 64.8 | 64.7 | 64.7 | 65.1 | 64.8 | 64.7 | 64.5 | 60.0 |
Growth | 0.0% | 0.1% | 0.3% | 8.5% | 0.4% | 0.3% | 39.7% | |
Shares outstanding (diluted) [+] | 83.6 | 82.8 | 78.7 | 65.1 | 65.2 | 65.1 | 64.9 | 60.4 |
Growth | 28.2% | 27.1% | 21.2% | 7.8% | 0.4% | 0.3% | 39.4% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |