| 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: |
| Franchised Hotels | 59.2 | 53.8 | | | 12.0 | 9.6 | 7.1 | |
| Company Operated Hotels | 55.0 | 82.0 | | | 119.8 | 118.6 | 120.4 | |
| Other | 0.0 | 0.0 | | | 0.1 | 0.1 | 0.3 | 0.4 |
| Hotels | | | | | | | | 131.1 |
| Other | | | | | | 17.1 | 9.4 | 14.3 |
| Total revenues [+] | 114.3 | 135.8 | 171.9 | 148.4 | 131.9 | 145.4 | 137.3 | 145.9 |
| Franchise | | | | | 12.0 | 9.6 | 7.1 | 5.2 |
| Hotels | | | | | 116.2 | 118.6 | 120.4 | 131.1 |
| Management fees | | | | | 3.6 | | | |
| Other | | | | | 0.1 | 0.1 | 0.3 | 0.4 |
| Revenue growth [+] | -15.9% | -21.0% | 15.9% | 12.5% | -9.3% | 5.9% | -5.9% | 10.2% |
| Franchised Hotels | 10.1% | | | | 25.2% | 34.8% | | |
| Company Operated Hotels | -32.9% | | | | 1.0% | -1.5% | | |
| Other | -58.8% | | | | -33.8% | -77.4% | -22.9% | 4.5% |
| Hotels | | | | | | | | 12.4% |
| Franchise | | | | | | | | 30.9% |
| Cost of goods sold [+] | 77.9 | 95.3 | 18.8 | 16.1 | 27.9 | 20.1 | 21.1 | 20.6 |
| Franchise costs | | | | | 11.2 | 7.0 | 6.6 | 4.8 |
| Direct hotel costs | | | | | 92.1 | 94.2 | 97.8 | 107.2 |
| Other cost of sales | | | | | | 0.3 | 0.5 | 0.8 |
| Depreciation and amortization | | | | | 13.1 | 12.8 | 14.0 | 15.0 |
| Real estate or leased property costs | | | | | 3.6 | | | |
| Gross profit | 36.4 | 40.6 | 153.1 | 132.3 | 104.0 | 125.3 | 116.3 | 125.3 |
| Gross margin | 31.8% | 29.9% | 89.1% | 89.2% | 78.9% | 86.2% | 84.7% | 85.9% |
| Selling, general and administrative [+] | 29.4 | 31.7 | 29.8 | 18.6 | 9.8 | 8.4 | 7.9 | 6.0 |
| General and administrative | | | | | 9.8 | 8.4 | 7.9 | 6.0 |
| Equity in earnings | | | | | | | | |
| Other operating expenses | | | 118.1 | 109.9 | 98.7 | 114.2 | 97.5 | 105.1 |
| EBITDA [+] | 7.0 | 8.9 | 24.1 | 20.0 | 8.8 | 15.5 | 11.0 | 15.0 |
| EBITDA growth | -21.9% | -63.0% | 20.4% | 127.2% | -43.2% | 41.4% | -27.1% | -6.6% |
| EBITDA margin | 6.1% | 6.6% | 14.0% | 13.5% | 6.7% | 10.7% | 8.0% | 10.3% |
| Depreciation and amortization | 14.6 | 17.0 | 18.9 | 16.3 | 13.3 | 12.8 | 14.1 | 15.8 |
| EBIT [+] | -7.6 | -8.1 | 5.2 | 3.8 | -4.5 | 2.8 | -3.2 | -0.8 |
| EBIT growth | -6.0% | -254.3% | 39.6% | -183.5% | -263.3% | -186.8% | 312.5% | -73.6% |
| EBIT margin | -6.7% | -6.0% | 3.0% | 2.5% | -3.4% | 1.9% | -2.3% | -0.5% |
| Non-recurring items [+] | 7.7 | -29.2 | 4.1 | 3.9 | -16.9 | -4.0 | 7.7 | 9.6 |
| Asset impairment | 14.1 | 10.6 | | | | | 7.8 | 9.4 |
| Restructuring charges | 0.6 | 2.2 | 4.6 | 6.3 | 0.8 | | | |
| Loss (gain) on sale of assets | -7.1 | -42.0 | -0.4 | -2.4 | -17.7 | -4.0 | -0.1 | 0.2 |
| Interest expense | 5.2 | 6.2 | 8.3 | 6.8 | 7.0 | 4.6 | 5.5 | 7.6 |
| Interest expense | 5.2 | 6.2 | 8.3 | 6.8 | 7.0 | 4.6 | 5.5 | 7.6 |
| Other income (expense), net [+] | -0.3 | -0.5 | 0.8 | 0.3 | -2.1 | 0.3 | 0.5 | 0.2 |
| Gain (loss) on debt retirement | -0.4 | -0.8 | | | -2.8 | | | |
| Other non-operating income | 0.2 | 0.3 | 0.8 | 0.3 | 0.8 | | | |
| Other non-ooperating expenses | | | | | | -4.2 | | |
| Other | -5.4 | -6.7 | -7.4 | -6.4 | -9.0 | -3.9 | -5.0 | 0.2 |
| Pre-tax income | -20.7 | 14.4 | -6.3 | -6.6 | 3.4 | 2.5 | -15.9 | -17.7 |
| Income taxes | 0.3 | -0.1 | -4.7 | -0.5 | -0.2 | 0.0 | -0.8 | -6.5 |
| Tax rate | | | 73.6% | 7.3% | | 1.2% | 5.1% | 36.9% |
| Minority interest | -1.9 | 13.1 | -2.1 | -0.2 | 1.3 | | | 0.0 |
| Earnings from continuing ops | -19.0 | 1.3 | -1.0 | -12.0 | 2.3 | 5.0 | -15.1 | -6.6 |
| Earnings from discontinued ops | | | -0.1 | 1.3 | 0.5 | -0.2 | -2.0 | -8.0 |
| Net income | -19.0 | 1.3 | -1.1 | -10.8 | 2.7 | 4.8 | -17.0 | -14.7 |
| Net margin | -16.7% | 1.0% | -0.6% | -7.3% | 2.1% | 3.3% | -12.4% | -10.1% |
| |
| Basic EPS [+] | ($0.76) | $0.05 | ($0.04) | ($0.59) | $0.11 | $0.25 | ($0.77) | ($0.34) |
| Growth | -1491.4% | -226.7% | -92.6% | -619.1% | -55.0% | -132.7% | 124.4% | 9.5% |
| Diluted EPS [+] | ($0.76) | $0.05 | ($0.04) | ($0.59) | $0.11 | $0.25 | ($0.77) | ($0.34) |
| Growth | -1553.3% | -224.3% | -92.8% | -624.8% | -55.2% | -132.5% | 124.4% | 9.5% |
| |
| Shares outstanding (basic) [+] | 24.9 | 24.4 | 23.7 | 20.4 | 20.0 | 19.8 | 19.6 | 19.3 |
| Growth | 2.2% | 3.1% | 15.9% | 2.2% | 1.0% | 1.1% | 1.3% | 1.4% |
| Shares outstanding (diluted) [+] | 24.9 | 25.5 | 24.3 | 20.4 | 20.2 | 19.9 | 19.6 | 19.3 |
| Growth | -2.1% | 5.0% | 18.7% | 1.1% | 1.6% | 1.6% | 1.3% | 1.4% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |