| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Rental revenues | | | | | | | 85.0 | 75.9 |
| Tenant expense reimbursements | | | | | | | | 20.0 |
| Other | | | | | | | 23.4 | |
| Total revenues [+] | 276.2 | 221.9 | 186.9 | 171.0 | 151.7 | 132.5 | 108.4 | 95.9 |
| Tenant reimbursements | | | | | | | | 20.0 |
| Lease / rental | | | | | | | 85.0 | 75.9 |
| Revenue growth [+] | 24.5% | 18.8% | 9.3% | 12.8% | 14.5% | 22.2% | 13.1% | 39.2% |
| Rental revenues | | | | | | | 12.0% | 40.2% |
| Tenant expense reimbursements | | | | | | | | 35.6% |
| Cost of goods sold | 68.9 | 56.2 | 49.1 | 44.2 | 40.0 | 35.9 | 30.3 | 26.7 |
| Gross profit | 207.3 | 165.7 | 137.8 | 126.8 | 111.7 | 96.6 | 78.1 | 69.2 |
| Gross margin | 75.1% | 74.7% | 73.7% | 74.2% | 73.6% | 72.9% | 72.0% | 72.2% |
| Selling, general and administrative [+] | 31.2 | 27.0 | 23.5 | 23.9 | 21.5 | 19.7 | 19.3 | 14.8 |
| General and administrative | 31.2 | 27.0 | 23.5 | 23.9 | 21.5 | 19.7 | 19.3 | 14.8 |
| Other operating expenses | -23.0 | -17.2 | -15.1 | -12.3 | -14.5 | -16.6 | -12.8 | -9.6 |
| EBITDA [+] | 199.2 | 156.0 | 129.4 | 115.2 | 104.7 | 93.5 | 71.6 | 64.0 |
| EBITDA growth | 27.7% | 20.5% | 12.3% | 10.0% | 11.9% | 30.7% | 11.8% | 59.1% |
| EBITDA margin | 72.1% | 70.3% | 69.3% | 67.4% | 69.0% | 70.6% | 66.0% | 66.7% |
| Depreciation and amortization | 65.8 | 50.7 | 45.9 | 44.0 | 40.8 | 37.9 | 34.4 | 36.0 |
| EBIT [+] | 133.4 | 105.3 | 83.5 | 71.2 | 63.9 | 55.7 | 37.2 | 28.0 |
| EBIT growth | 26.7% | 26.0% | 17.3% | 11.5% | 14.8% | 49.8% | 32.9% | 32.9% |
| EBIT margin | 48.3% | 47.4% | 44.7% | 41.6% | 42.1% | 42.0% | 34.3% | 29.2% |
| Non-recurring items | 1.5 | 0.2 | 0.3 | 0.0 | 0.1 | 0.0 | 3.1 | 4.7 |
| Interest expense, net [+] | 23.9 | 18.1 | 16.0 | 16.3 | 18.2 | 16.8 | 13.1 | 9.6 |
| Interest expense | 23.9 | 18.1 | 16.0 | 16.3 | 18.2 | 16.8 | 13.1 | 9.6 |
| Interest income | | | | | | | | 0.0 |
| Other income (expense), net [+] | 89.9 | 0.2 | 12.5 | 0.7 | 17.7 | 14.2 | -5.9 | 1.0 |
| Gain (loss) on sale of assets | 112.2 | 16.6 | 26.8 | 9.4 | | | | |
| Gain (loss) on debt retirement | | | | -0.2 | | | -0.2 | |
| Pre-tax income | 198.0 | 87.3 | 79.8 | 55.5 | 63.3 | 53.1 | 15.1 | 14.6 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | 197.2 | 86.9 | 79.4 | 55.2 | 62.9 | 49.0 | 11.5 | 11.0 |
| Net margin | 71.4% | 39.2% | 42.5% | 32.3% | 41.5% | 37.0% | 10.6% | 11.5% |
| |
| Basic EPS [+] | $2.61 | $1.23 | $1.17 | $0.86 | $1.09 | $0.95 | $0.26 | $0.26 |
| Growth | 111.9% | 5.2% | 36.8% | -21.7% | 14.6% | 272.5% | -0.5% | 9.5% |
| Diluted EPS [+] | $2.61 | $1.23 | $1.16 | $0.85 | $1.09 | $0.95 | $0.26 | $0.26 |
| Growth | 112.4% | 5.4% | 36.6% | -22.1% | 14.6% | 272.5% | -0.5% | 9.5% |
| |
| Dividends per share [+] | $1.48 | $1.26 | $1.12 | $1.02 | $0.89 | $0.82 | $0.74 | $0.64 |
| Growth | 17.5% | 12.5% | 9.8% | 14.0% | 9.8% | 9.9% | 15.4% | 24.0% |
| |
| Shares outstanding (basic) [+] | 75.5 | 70.5 | 67.8 | 64.4 | 57.5 | 51.4 | 44.7 | 42.9 |
| Growth | 7.0% | 4.1% | 5.2% | 12.1% | 11.9% | 14.8% | 4.4% | 40.8% |
| Shares outstanding (diluted) [+] | 75.6 | 70.8 | 68.2 | 64.7 | 57.5 | 51.4 | 44.7 | 42.9 |
| Growth | 6.8% | 3.8% | 5.3% | 12.6% | 11.9% | 14.8% | 4.4% | 40.8% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |