In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Hospitality and Entertainment Operations | 7.6 | 6.9 | 4.6 | 2.8 | 27.6 | 25.6 | 15.7 | 2.0 |
Corporate and Other | 0.5 | 0.2 | 0.2 | 0.0 | 0.2 | 0.0 | 0.0 | 0.2 |
Mortgage and REO - Legacy Portfolio and Other Operations | | | 1.1 | 2.7 | 4.7 | 4.1 | 6.2 | 1.2 |
Other | 5.0 | 2.6 | | | | 1.7 | 1.5 | 1.4 |
Total revenues [+] | 13.1 | 9.7 | 4.6 | 5.4 | 32.5 | 31.4 | 23.3 | 4.8 |
Lease / rental | 10.5 | 6.6 | 3.7 | 4.7 | 28.7 | 27.3 | 17.1 | 3.5 |
Net interest income | 1.9 | 2.6 | 0.9 | 0.3 | 1.5 | 2.4 | 0.8 | 1.1 |
Revenue growth [+] | 35.3% | 108.8% | -14.9% | -83.3% | 3.4% | 34.7% | 389.6% | 25.4% |
Hospitality and Entertainment Operations | 10.1% | 50.3% | 66.4% | -90.0% | 7.8% | 63.5% | 689.0% | |
Corporate and Other | 190.1% | -20.6% | 891.3% | -86.7% | 260.4% | 433.3% | -94.4% | 20.3% |
Mortgage and REO - Legacy Portfolio and Other Operations | | | -60.1% | -43.5% | 15.7% | -34.0% | 418.7% | -26.3% |
Commercial Real Estate Leasing Operations | | | | | | 14.4% | 3.4% | -30.4% |
Cost of goods sold | 4.2 | 21.9 | 12.5 | 11.8 | 56.8 | 80.9 | 7.1 | 0.5 |
Gross profit | 8.9 | -12.2 | -7.8 | -6.4 | -24.3 | -49.5 | 16.2 | 4.3 |
Gross margin | 67.8% | -126.2% | -169.4% | -117.2% | -74.8% | -157.3% | 69.6% | 89.9% |
Selling, general and administrative [+] | 12.4 | 13.0 | 14.2 | 12.0 | 14.3 | 16.4 | 13.0 | 12.3 |
General and administrative [+] | 12.4 | 13.0 | 14.2 | 12.0 | 14.3 | 16.4 | 13.0 | 12.3 |
General and administrative expenses | 7.5 | 8.8 | 9.0 | 7.6 | 14.3 | 16.4 | 13.0 | 12.3 |
Professional fees | 4.9 | 4.2 | 5.2 | 4.4 | 4.4 | 7.9 | 7.3 | 5.9 |
Equity in earnings | 0.2 | | -0.2 | 0.2 | | | | |
Other operating expenses | -44.9 | -48.8 | -35.6 | -31.0 | -18.5 | -35.3 | 44.8 | 34.4 |
EBITDA [+] | 41.6 | 23.6 | 13.6 | 15.9 | -20.1 | -30.6 | -41.6 | -42.5 |
EBITDA growth | 76.0% | 73.3% | -13.9% | -178.7% | -34.1% | -26.6% | -2.0% | 0.0% |
EBITDA margin | 318.1% | 244.6% | 294.9% | 291.5% | -62.0% | -97.3% | -178.4% | -891.9% |
Depreciation and amortization | 2.6 | 1.2 | 0.7 | 4.0 | 2.7 | 3.4 | 3.1 | 2.6 |
EBIT [+] | 39.0 | 22.4 | 13.0 | 11.8 | -22.9 | -34.0 | -44.7 | -45.0 |
EBIT growth | 73.9% | 73.0% | 9.8% | -151.7% | -32.7% | -23.9% | -0.8% | 1.7% |
EBIT margin | 298.4% | 232.3% | 280.3% | 217.2% | -70.4% | -108.2% | -191.5% | -945.4% |
Non-recurring items [+] | 1.5 | 0.6 | 0.7 | | 3.7 | | 6.1 | 2.6 |
Asset impairment | 1.5 | 0.6 | 0.7 | | 3.7 | | | |
Legal settlement | | | | | | | 6.1 | 2.6 |
Interest expense, net [+] | 1.6 | 2.7 | 0.8 | 4.9 | 8.3 | 15.3 | 13.8 | 15.0 |
Interest expense | 2.3 | 3.1 | 2.1 | 5.3 | 10.7 | 17.0 | 19.2 | 15.2 |
Interest income | 0.7 | 0.4 | 1.2 | 0.4 | 2.3 | 1.8 | 5.4 | 0.2 |
Other income (expense), net | -60.2 | -31.4 | -18.0 | -13.3 | 21.3 | 11.7 | 38.4 | 30.4 |
Pre-tax income | -24.3 | -12.2 | -6.6 | -6.4 | -13.6 | -37.6 | -26.2 | -32.2 |
Income taxes | 0.0 | 0.0 | 2.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | | 0.0% | | 0.0% | 0.0% | 0.0% |
Minority interest | -1.6 | -1.1 | 0.8 | 0.1 | -0.7 | | | |
Earnings from continuing ops | -34.5 | -20.6 | -8.7 | -10.9 | -18.9 | -39.5 | -26.2 | -32.2 |
Earnings from discontinued ops | | | 3.1 | -1.3 | | | | |
Net income | -34.5 | -20.6 | -5.6 | -12.3 | -18.9 | -39.5 | -26.2 | -32.2 |
Net margin | -263.8% | -212.9% | -121.3% | -225.2% | -58.2% | -125.6% | -112.3% | -675.7% |
|
Basic EPS [+] | ($2.09) | ($1.23) | ($0.54) | ($0.69) | ($1.23) | ($2.49) | ($1.55) | ($1.91) |
Growth | 70.1% | 129.6% | -21.7% | -44.4% | -50.5% | 60.5% | -18.6% | -8.7% |
Diluted EPS [+] | ($2.09) | ($1.23) | ($0.54) | ($0.69) | ($1.23) | ($2.49) | ($1.55) | ($1.91) |
Growth | 70.1% | 129.6% | -21.7% | -44.4% | -50.5% | 60.5% | -18.6% | -8.7% |
|
Dividends per share [+] | $0.27 | $0.20 | $0.13 | $0.13 | $0.14 | $0.06 | $0.05 | $0.10 |
Growth | 33.0% | 54.7% | -2.0% | -3.4% | 135.6% | 25.0% | -53.1% | 68.2% |
|
Shares outstanding (basic) [+] | 16.5 | 16.7 | 16.2 | 15.9 | 15.3 | 15.8 | 16.9 | 16.9 |
Growth | -1.4% | 3.2% | 1.7% | 3.8% | -3.2% | -6.2% | 0.0% | 0.1% |
Shares outstanding (diluted) [+] | 16.5 | 16.7 | 16.2 | 15.9 | 15.3 | 15.8 | 16.9 | 16.9 |
Growth | -1.4% | 3.2% | 1.7% | 3.8% | -3.2% | -6.2% | 0.0% | 0.1% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |