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: |
Lifting Equipment | 252.7 | 211.5 | | | | | | |
Other | 21.2 | | | | | | | |
Total revenues | 273.9 | 211.5 | 167.5 | 215.5 | 242.1 | 213.1 | 173.2 | 202.7 |
Revenue growth [+] | 29.5% | 26.3% | -22.3% | -11.0% | 13.6% | 23.0% | -14.6% | 16.0% |
Lifting Equipment | 19.4% | | | | | | | |
Cost of goods sold | 223.8 | 175.4 | 136.6 | 174.6 | 198.1 | 176.3 | 143.3 | 160.8 |
Gross profit | 50.0 | 36.2 | 30.9 | 40.8 | 44.0 | 36.8 | 29.9 | 42.0 |
Gross margin | 18.3% | 17.1% | 18.4% | 19.0% | 18.2% | 17.3% | 17.3% | 20.7% |
Selling, general and administrative | 45.6 | 37.4 | 28.7 | 34.1 | 35.7 | 34.5 | 37.0 | 39.2 |
Research and development | | | 3.2 | 2.7 | 2.8 | 2.6 | 2.9 | 3.1 |
Equity in earnings | | | | | -0.4 | 0.4 | -5.8 | -0.2 |
Other operating expenses | 13.2 | 1.1 | 6.7 | | | | | |
EBITDA [+] | 0.5 | 2.1 | -3.5 | 8.7 | 10.1 | 5.2 | -9.1 | 6.5 |
EBITDA growth | -73.6% | -159.1% | -139.7% | -13.3% | 93.8% | -157.2% | -240.7% | -60.9% |
EBITDA margin | 0.2% | 1.0% | -2.1% | 4.1% | 4.2% | 2.4% | -5.2% | 3.2% |
Depreciation | 6.5 | 2.1 | 2.1 | 2.5 | 2.2 | 2.4 | 2.8 | 2.8 |
EBITA | -6.0 | 0.0 | -5.6 | 6.3 | 7.9 | 2.8 | -11.9 | 3.7 |
EBITA margin | -2.2% | 0.0% | -3.3% | 2.9% | 3.2% | 1.3% | -6.9% | 1.8% |
Amortization of intangibles | 2.9 | 2.3 | 2.2 | 2.2 | 2.8 | 2.7 | 3.8 | 4.2 |
EBIT [+] | -8.9 | -2.3 | -7.8 | 4.0 | 5.1 | 0.1 | -15.7 | -0.5 |
EBIT growth | 287.4% | -70.7% | -293.6% | -20.6% | 5260.0% | -100.6% | 3129.2% | -103.7% |
EBIT margin | -3.2% | -1.1% | -4.7% | 1.9% | 2.1% | 0.0% | -9.1% | -0.2% |
Non-recurring items [+] | -0.1 | | | 1.5 | 5.7 | | | |
Asset impairment | -0.1 | | | 1.5 | 5.7 | | | |
Interest expense, net [+] | | | 3.5 | 4.3 | 5.3 | 6.5 | 6.4 | 6.4 |
Interest expense | | | 3.6 | 4.5 | 5.5 | 6.5 | 6.4 | 6.4 |
Interest income | | | 0.1 | 0.2 | 0.2 | | | |
Other income (expense), net [+] | 6.6 | -1.1 | -0.7 | 4.6 | -6.7 | -0.8 | -1.6 | -0.3 |
Gain (loss) on debt retirement | | | 0.6 | | | | -1.4 | |
Gain (loss) on foreign currency transactions | | | -0.8 | -0.8 | -0.8 | -1.1 | -1.1 | -0.3 |
Write-off of deferred debt issuance costs | | | 0.6 | | | | -1.4 | |
Other | | | -0.5 | 0.0 | -0.4 | 0.4 | 0.9 | 0.0 |
Pre-tax income | -2.2 | -3.4 | -12.0 | 2.8 | -12.7 | -7.2 | -23.8 | -7.3 |
Income taxes | 2.1 | 1.2 | 0.7 | 2.8 | 0.5 | -0.1 | -0.6 | -1.9 |
Tax rate | | | | 98.1% | | 1.6% | 2.4% | 26.7% |
Earnings from continuing ops | -4.9 | -4.6 | -12.7 | 0.1 | -13.2 | -7.1 | -23.2 | -5.3 |
Earnings from discontinued ops | | | 0.0 | 0.0 | | -0.7 | -14.5 | 0.0 |
Net income | -4.9 | -4.6 | -13.6 | -8.5 | -13.2 | -7.8 | -37.7 | -5.3 |
Net margin | -1.8% | -2.2% | -8.1% | -3.9% | -5.4% | -3.7% | -21.7% | -2.6% |
|
Basic EPS [+] | ($0.24) | ($0.23) | ($0.64) | $0.00 | ($0.72) | ($0.43) | ($1.44) | ($0.33) |
Growth | 6.3% | -64.3% | -23125.3% | -100.4% | 67.6% | -70.3% | 331.1% | -131.5% |
Diluted EPS [+] | ($0.24) | ($0.23) | ($0.64) | $0.00 | ($0.72) | ($0.43) | ($1.44) | ($0.33) |
Growth | 6.3% | -64.3% | -23125.3% | -100.4% | 67.6% | -70.3% | 331.1% | -131.6% |
|
Shares outstanding (basic) [+] | 20.1 | 19.9 | 19.8 | 19.7 | 18.4 | 16.5 | 16.1 | 16.0 |
Growth | 0.8% | 0.6% | 0.4% | 6.9% | 11.2% | 2.6% | 1.0% | 15.2% |
Shares outstanding (diluted) [+] | 20.1 | 19.9 | 19.8 | 19.7 | 18.4 | 16.5 | 16.1 | 16.0 |
Growth | 0.8% | 0.6% | 0.4% | 6.9% | 11.2% | 2.6% | 1.0% | 14.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |