| In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Aug-13-10 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Room | 241.7 | 202.0 | 144.1 | 106.8 | | |
| Other | 20.4 | 17.5 | 14.8 | 10.9 | | |
| Room revenue | | | | | 37.9 | |
| Other revenue | | | | | 4.2 | |
| Total revenues [+] | 262.1 | 219.6 | 158.9 | 117.7 | 42.1 | 0.0 |
| Franchise | 11.3 | 9.8 | 6.7 | 4.7 | 1.8 | |
| Room / occupancy | 241.7 | 202.0 | 144.1 | 106.8 | 37.9 | |
| Other hotel | 20.4 | 17.5 | 14.8 | 10.9 | 4.2 | |
| Other | 20.4 | 17.5 | 14.8 | 10.9 | | |
| Revenue growth [+] | 19.4% | 38.2% | 35.1% | 179.6% | | |
| Room | 19.6% | 40.2% | 35.0% | | | |
| Other | 16.4% | 18.4% | 35.6% | | | |
| Cost of goods sold [+] | 16.3 | 13.1 | 10.8 | 8.1 | 2.4 | 0.0 |
| Direct hotel costs | 63.6 | 55.3 | 40.4 | 29.4 | 10.6 | |
| Gross profit | 245.8 | 206.4 | 148.1 | 109.6 | 39.7 | 0.0 |
| Gross margin | 93.8% | 94.0% | 93.2% | 93.1% | 94.3% | |
| Selling, general and administrative [+] | 36.7 | 33.1 | 24.8 | 19.3 | 8.2 | 0.0 |
| Sales and marketing | 21.0 | 18.6 | 14.0 | 10.5 | 3.6 | |
| General and administrative [+] | 15.7 | 14.5 | 10.8 | 8.8 | 4.7 | 0.0 |
| General and administrative expenses | 15.7 | 14.5 | 10.8 | 8.8 | 4.7 | |
| Utilities expense | 8.8 | 8.1 | 5.7 | 4.4 | 1.6 | |
| Other operating expenses | 152.3 | 128.8 | 98.9 | 68.5 | 35.9 | |
| EBITDA [+] | 92.2 | 73.6 | 45.8 | 37.7 | 1.6 | |
| EBITDA growth | 25.3% | 60.9% | 21.5% | 2243.6% | | |
| EBITDA margin | 35.2% | 33.5% | 28.8% | 32.0% | 3.8% | |
| Depreciation and amortization | 35.4 | 29.0 | 21.3 | 15.8 | 6.0 | |
| EBIT [+] | 56.8 | 44.6 | 24.5 | 21.9 | -4.4 | 0.0 |
| EBIT growth | 27.4% | 82.1% | 12.0% | -596.7% | | |
| EBIT margin | 21.7% | 20.3% | 15.4% | 18.6% | -10.5% | |
| Interest expense, net [+] | 9.1 | -3.7 | -2.3 | 4.5 | 0.6 | 0.0 |
| Interest expense | 9.1 | 8.2 | 5.7 | 4.7 | 1.0 | 0.0 |
| Interest income | 0.0 | 11.9 | 8.0 | 0.2 | 0.4 | |
| Other income (expense), net [+] | | | | | | 0.0 |
| Acquisition-related costs | 2.8 | 2.0 | 7.0 | 1.6 | 11.3 | |
| Pre-tax income | 47.8 | 48.3 | 26.8 | 17.4 | -5.0 | 0.0 |
| Income taxes | 0.0 | 2.3 | 0.5 | 0.3 | 0.1 | 0.0 |
| Tax rate | | 4.7% | 1.7% | 1.8% | | |
| Net income | 47.8 | 46.0 | 26.3 | 17.1 | -5.1 | 0.0 |
| Net margin | 18.2% | 20.9% | 16.6% | 14.5% | -12.2% | |
| |
| Basic EPS [+] | $0.53 | $0.53 | $0.37 | $0.31 | ($0.18) | |
| Growth | -0.4% | 45.9% | 17.5% | -277.8% | | |
| Diluted EPS [+] | $0.53 | $0.53 | $0.37 | $0.31 | ($0.18) | |
| Growth | -0.4% | 45.9% | 17.5% | -277.8% | | |
| |
| Dividends per share [+] | $0.83 | $0.82 | $0.82 | $0.82 | $0.80 | |
| Growth | 0.3% | 0.1% | 0.3% | 2.0% | | |
| |
| Shares outstanding (basic) [+] | 89.9 | 86.2 | 72.0 | 54.9 | 29.3 | |
| Growth | 4.3% | 19.7% | 31.3% | 87.1% | | |
| Shares outstanding (diluted) [+] | 89.9 | 86.2 | 72.0 | 54.9 | 29.3 | |
| Growth | 4.3% | 19.7% | 31.3% | 87.1% | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |