Affiliated Managers Group, Inc(NYSE:AMG) 
Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These f...
Website: http://www.amg.com
Founded: 1993
Full Time Employees: 4,000
Sector: Financial Services
Industry: Asset Management
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2008-03-31 | 2007-12-31 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-12-31 | 2002-09-30 | 2002-06-30 | 2002-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
consolidated revenue | 379,450,000 | 528,000,000 | 493,200,000 | 496,600,000 | 379,150,000 | 516,400,000 | 500,300,000 | 499,900,000 | 502,600,000 | 525,200,000 | 512,500,000 | 517,400,000 | 539,700,000 | 578,600,000 | 604,100,000 | 607,300,000 | 691,800,000 | 575,200,000 | 586,300,000 | 559,100,000 | 554,300,000 | 494,800,000 | 471,100,000 | 507,300,000 | 555,600,000 | 549,000,000 | 591,900,000 | 543,100,000 | 564,500,000 | 601,300,000 | 600,100,000 | 612,400,000 | |||||||||||||||||||||||||||||||||||||||||||
consolidated expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and related expenses | 186,900,000 | 253,500,000 | 263,700,000 | 230,300,000 | 169,125,000 | 220,800,000 | 215,300,000 | 240,400,000 | 244,500,000 | 211,800,000 | 228,900,000 | 222,300,000 | 274,500,000 | 273,800,000 | 268,200,000 | 255,000,000 | 294,900,000 | 256,400,000 | 248,900,000 | 246,900,000 | 246,800,000 | 212,500,000 | 216,500,000 | 207,800,000 | 234,800,000 | 222,000,000 | 258,000,000 | 228,200,000 | 225,900,000 | 253,600,000 | 241,000,000 | 266,700,000 | 256,100,000 | 238,700,000 | 242,200,000 | 242,000,000 | 229,500,000 | 244,200,000 | 232,100,000 | 226,700,000 | 239,000,000 | 243,700,000 | 292,200,000 | 252,800,000 | 264,000,000 | 258,100,000 | 272,600,000 | 235,700,000 | 267,800,000 | 229,800,000 | 235,400,000 | 143,109,000 | 138,932,000 | 114,371,000 | 122,841,000 | 118,671,000 | 116,517,000 | 64,886,250 | 95,474,000 | 82,859,000 | |||||||||||||||
selling, general and administrative | 72,700,000 | 100,500,000 | 95,700,000 | 94,700,000 | 69,525,000 | 97,000,000 | 89,400,000 | 91,700,000 | 84,800,000 | 91,100,000 | 85,200,000 | 97,100,000 | 109,800,000 | 93,200,000 | 93,100,000 | 89,400,000 | 96,800,000 | 82,900,000 | 88,600,000 | 78,800,000 | 83,500,000 | 74,100,000 | 73,600,000 | 90,300,000 | 93,500,000 | 91,500,000 | 96,200,000 | 95,600,000 | 103,300,000 | 102,800,000 | 105,200,000 | 106,400,000 | 103,400,000 | 91,900,000 | 89,100,000 | 88,700,000 | 111,400,000 | 94,200,000 | 96,600,000 | 95,900,000 | 113,300,000 | 107,500,000 | 114,300,000 | 108,700,000 | 126,000,000 | 114,400,000 | 122,800,000 | 122,300,000 | 129,000,000 | 106,400,000 | 99,500,000 | 48,961,000 | 45,506,000 | 54,314,000 | 40,946,000 | 45,276,000 | 43,483,000 | 28,821,250 | 44,009,000 | 37,477,000 | |||||||||||||||
intangible amortization and impairments | 24,000,000 | 6,300,000 | 6,300,000 | 83,300,000 | 5,450,000 | 7,300,000 | 7,300,000 | 7,300,000 | 10,800,000 | 12,500,000 | 12,500,000 | 12,500,000 | 12,200,000 | 14,400,000 | 12,500,000 | 12,600,000 | 10,400,000 | 8,900,000 | 8,900,000 | 7,500,000 | 7,100,000 | 31,900,000 | 80,900,000 | 20,600,000 | 72,500,000 | 21,100,000 | 21,200,000 | 29,600,000 | 38,300,000 | 30,100,000 | 23,200,000 | 23,200,000 | 21,300,000 | 21,200,000 | 22,000,000 | 21,900,000 | 28,000,000 | 26,900,000 | 28,600,000 | 26,600,000 | 29,000,000 | 30,500,000 | 28,100,000 | 27,800,000 | 38,000,000 | 28,700,000 | 28,100,000 | 27,400,000 | 30,100,000 | 32,700,000 | 32,600,000 | ||||||||||||||||||||||||
interest expense | 25,450,000 | 33,200,000 | 34,500,000 | 34,100,000 | 24,525,000 | 34,700,000 | 33,500,000 | 29,900,000 | 31,400,000 | 31,100,000 | 30,900,000 | 30,500,000 | 29,700,000 | 28,300,000 | 27,300,000 | 29,100,000 | 28,600,000 | 28,500,000 | 26,800,000 | 27,500,000 | 26,700,000 | 23,800,000 | 22,300,000 | 19,500,000 | 18,800,000 | 19,500,000 | 19,700,000 | 18,200,000 | 18,000,000 | 19,600,000 | 21,400,000 | 21,600,000 | 19,500,000 | 21,500,000 | 22,400,000 | 21,900,000 | 23,000,000 | 22,400,000 | 21,900,000 | 22,300,000 | 20,700,000 | 23,600,000 | 22,500,000 | 22,200,000 | 19,900,000 | 19,000,000 | 20,000,000 | 17,600,000 | 18,800,000 | 19,900,000 | 24,300,000 | 18,378,000 | 18,387,000 | 15,966,000 | 16,250,000 | 15,102,000 | 11,482,000 | 6,670,500 | 10,071,000 | 8,541,000 | |||||||||||||||
depreciation and other amortization | 1,975,000 | 2,600,000 | 2,500,000 | 2,800,000 | 2,350,000 | 3,300,000 | 3,100,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,300,000 | 3,700,000 | 3,900,000 | 3,800,000 | 4,700,000 | 3,400,000 | 4,100,000 | 4,000,000 | 4,100,000 | 4,300,000 | 4,400,000 | 4,600,000 | 5,000,000 | 5,100,000 | 4,600,000 | 6,200,000 | 5,300,000 | 5,200,000 | 5,500,000 | 5,300,000 | 5,700,000 | 5,500,000 | 5,400,000 | 4,800,000 | 4,900,000 | 5,200,000 | 4,500,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,300,000 | 4,500,000 | 4,600,000 | 4,400,000 | 4,600,000 | 4,500,000 | 4,100,000 | 3,800,000 | 3,700,000 | 3,400,000 | 3,300,000 | 2,413,000 | 2,365,000 | 2,377,000 | 2,239,000 | 2,251,000 | 1,896,000 | 1,263,000 | 2,035,000 | 1,483,000 | |||||||||||||||
other expenses | 8,675,000 | 13,100,000 | 10,000,000 | 11,700,000 | 7,875,000 | 11,600,000 | 10,800,000 | 9,000,000 | 9,600,000 | 7,900,000 | 13,800,000 | 14,400,000 | 22,400,000 | 11,900,000 | -5,200,000 | 5,600,000 | 32,900,000 | 14,600,000 | 12,600,000 | 13,500,000 | 18,200,000 | 12,300,000 | 11,300,000 | 11,000,000 | 20,800,000 | 13,100,000 | 12,200,000 | 11,000,000 | 36,300,000 | 10,200,000 | 11,100,000 | 12,000,000 | |||||||||||||||||||||||||||||||||||||||||||
total consolidated expenses | 319,700,000 | 409,200,000 | 412,700,000 | 456,900,000 | 278,850,000 | 374,700,000 | 359,400,000 | 381,300,000 | 384,100,000 | 357,400,000 | 374,600,000 | 380,500,000 | 452,500,000 | 425,400,000 | 400,600,000 | 395,100,000 | 467,700,000 | 395,300,000 | 389,900,000 | 378,500,000 | 386,700,000 | 359,200,000 | 409,600,000 | 354,300,000 | 445,000,000 | 373,400,000 | 412,600,000 | 387,800,000 | 427,300,000 | 421,600,000 | 407,600,000 | 435,400,000 | |||||||||||||||||||||||||||||||||||||||||||
equity method income | 57,375,000 | 88,500,000 | 65,600,000 | 75,300,000 | 47,075,000 | 52,600,000 | 18,100,000 | 117,500,000 | 125,700,000 | 39,800,000 | 55,800,000 | 58,600,000 | 214,200,000 | 44,800,000 | 30,500,000 | 48,600,000 | 117,400,000 | 35,900,000 | 37,600,000 | 51,700,000 | -19,700,000 | 17,000,000 | 17,400,000 | -19,500,000 | 10,300,000 | 29,400,000 | -358,100,000 | -191,500,000 | 59,700,000 | 35,300,000 | 96,300,000 | ||||||||||||||||||||||||||||||||||||||||||||
affiliate transaction gains | 31,900,000 | 127,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other income | 16,175,000 | 27,600,000 | 25,500,000 | 11,600,000 | 15,000,000 | 22,800,000 | 19,300,000 | 18,000,000 | 29,900,000 | 23,000,000 | 26,500,000 | 38,000,000 | 115,600,000 | 3,100,000 | -22,000,000 | 13,600,000 | 26,500,000 | 37,500,000 | 21,100,000 | 32,300,000 | 31,200,000 | 12,700,000 | -12,100,000 | 2,400,000 | 3,200,000 | 6,700,000 | 7,200,000 | 8,000,000 | -9,300,000 | 11,000,000 | 11,500,000 | 14,200,000 | -15,300,000 | -15,600,000 | -15,700,000 | -13,500,000 | -11,600,000 | -4,000,000 | -16,000,000 | -800,000 | -4,100,000 | -2,600,000 | -8,400,000 | -8,200,000 | -5,000,000 | -8,000,000 | -7,500,000 | ||||||||||||||||||||||||||||
income before income taxes | 165,200,000 | 362,500,000 | 171,600,000 | 126,600,000 | 162,375,000 | 217,100,000 | 178,300,000 | 254,100,000 | 274,100,000 | 363,700,000 | 220,200,000 | 233,500,000 | 1,058,900,000 | 201,100,000 | 212,000,000 | 274,400,000 | 368,000,000 | 253,300,000 | 255,100,000 | 264,600,000 | 234,200,000 | 165,300,000 | 66,800,000 | 42,200,000 | 94,300,000 | 192,600,000 | 215,900,000 | -194,800,000 | -63,600,000 | 250,400,000 | 239,300,000 | 287,500,000 | 264,000,000 | 282,900,000 | 266,900,000 | 253,300,000 | 281,900,000 | 226,200,000 | 235,900,000 | 230,500,000 | 289,200,000 | 249,100,000 | 262,000,000 | 290,300,000 | 309,400,000 | 255,100,000 | 240,700,000 | 208,300,000 | 336,700,000 | 187,400,000 | 172,400,000 | 66,487,000 | 58,130,000 | 77,705,000 | 52,613,000 | 51,632,000 | 55,937,000 | 32,030,500 | 45,254,000 | 41,653,000 | |||||||||||||||
income tax expense | 33,675,000 | 71,600,000 | 35,700,000 | 27,400,000 | 32,500,000 | 31,300,000 | 43,300,000 | 55,400,000 | 29,900,000 | 77,700,000 | 32,800,000 | 45,000,000 | 227,800,000 | 36,800,000 | 38,000,000 | 55,700,000 | 84,600,000 | 44,900,000 | 70,900,000 | 50,500,000 | 38,400,000 | 37,500,000 | 3,300,000 | 2,200,000 | -1,500,000 | 30,500,000 | 35,700,000 | -61,800,000 | 35,200,000 | 48,500,000 | 34,100,000 | 63,500,000 | |||||||||||||||||||||||||||||||||||||||||||
net income | 131,525,000 | 290,900,000 | 135,900,000 | 99,200,000 | 129,875,000 | 185,800,000 | 135,000,000 | 198,700,000 | 244,200,000 | 286,000,000 | 187,400,000 | 188,500,000 | 831,100,000 | 164,300,000 | 174,000,000 | 218,700,000 | 283,400,000 | 208,400,000 | 184,200,000 | 214,100,000 | 195,800,000 | 127,800,000 | 63,500,000 | 40,000,000 | 95,800,000 | 162,100,000 | 180,200,000 | -133,000,000 | -98,800,000 | 201,900,000 | 205,200,000 | 224,000,000 | 393,800,000 | 216,800,000 | 204,400,000 | 193,600,000 | 207,400,000 | 174,900,000 | 182,700,000 | 174,000,000 | 230,800,000 | 192,300,000 | 189,900,000 | 220,700,000 | 256,200,000 | 191,000,000 | 179,000,000 | 159,400,000 | 249,200,000 | 156,400,000 | 134,200,000 | 41,887,000 | 36,622,000 | 48,954,000 | 33,146,000 | 33,936,000 | 35,240,000 | 20,076,250 | 28,510,000 | 26,241,000 | |||||||||||||||
yoy | 1.27% | 56.57% | 0.67% | -50.08% | -46.82% | -35.03% | -27.96% | 5.41% | -70.62% | 74.07% | 7.70% | -13.81% | 193.26% | -21.16% | -5.54% | 2.15% | 44.74% | 63.07% | 190.08% | 435.25% | 104.38% | -21.16% | -64.76% | -130.08% | -196.96% | -19.71% | -12.18% | -159.38% | -125.09% | -6.87% | 0.39% | 15.70% | 89.87% | 23.96% | 11.88% | 11.26% | -10.14% | -9.05% | -3.79% | -21.16% | -9.91% | 0.68% | 6.09% | 38.46% | 2.81% | 22.12% | 33.38% | 273.39% | 266.45% | 23.43% | 3.92% | 143.84% | 16.26% | 29.32% | |||||||||||||||||||||
qoq | -54.79% | 114.05% | 37.00% | -23.62% | -30.10% | 37.63% | -32.06% | -18.63% | -14.62% | 52.61% | -0.58% | -77.32% | 405.84% | -5.57% | -20.44% | -22.83% | 35.99% | 13.14% | -13.97% | 9.35% | 53.21% | 101.26% | 58.75% | -58.25% | -40.90% | -10.04% | -235.49% | 34.62% | -148.94% | -1.61% | -8.39% | -43.12% | 81.64% | 6.07% | 5.58% | -6.65% | 18.58% | -4.27% | 5.00% | -24.61% | 20.02% | 1.26% | -13.96% | -13.86% | 34.14% | 6.70% | 12.30% | -36.04% | 59.34% | 16.54% | 14.38% | -25.19% | 47.69% | -2.33% | -3.70% | 75.53% | -29.58% | 8.65% | |||||||||||||||||
net income margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | 65.19% | 37.02% | 35.80% | 35.57% | 37.68% | 32.11% | 32.97% | 31.90% | 39.13% | 31.37% | 29.37% | 34.76% | 39.96% | 29.83% | 28.13% | 26.88% | 41.95% | 28.35% | 24.81% | NaN% | NaN% | 12.64% | 11.82% | 14.89% | 11.82% | 11.99% | 12.67% | 12.47% | 12.18% | 12.60% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% |
average shares outstanding | 7,175,000 | 28,400,000 | 28,500,000 | 29,200,000 | 7,850,000 | 30,100,000 | 31,500,000 | 32,800,000 | -500,000 | 34,900,000 | 35,900,000 | 35,900,000 | -300,000 | 38,200,000 | 38,700,000 | 39,700,000 | -300,000 | 41,100,000 | 41,600,000 | 42,600,000 | -600,000 | 46,300,000 | 47,200,000 | 47,800,000 | -600,000 | 50,400,000 | 51,000,000 | 51,900,000 | -300,000 | 53,100,000 | 54,000,000 | 54,600,000 | -300,000 | 55,800,000 | 56,300,000 | 56,700,000 | 300,000 | 53,900,000 | 53,800,000 | 54,000,000 | -200,000 | 54,200,000 | 54,600,000 | 54,800,000 | |||||||||||||||||||||||||||||||
earnings per share | 3.213 | 7.47 | 2.96 | 2.48 | 2.778 | 4.11 | 2.42 | 4.56 | 5.77 | 6.22 | 3.49 | 3.74 | 20.29 | 2.95 | 2.83 | 3.68 | 4.37 | 3.12 | 2.62 | 3.52 | 2.51 | 1.54 | 0.65 | 0.44 | 1.71 | 2.11 | -3.87 | -2.77 | 2.35 | 2.17 | 2.8 | 5.65 | 2.25 | 2.24 | 2.16 | 2.77 | 2.03 | 2 | 1.94 | 2.78 | 2.01 | 2.36 | 2.34 | ||||||||||||||||||||||||||||||||
affiliate transaction gain | 33,275,000 | 133,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method loss | -113,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss per share | -0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per share | 0.225 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | 604,100,000 | 585,700,000 | 570,900,000 | 544,300,000 | 550,400,000 | 544,700,000 | 554,100,000 | 545,400,000 | 589,800,000 | 613,100,000 | 646,600,000 | 635,000,000 | 641,200,000 | 640,300,000 | 636,300,000 | 593,100,000 | 594,000,000 | 551,600,000 | 541,000,000 | 331,464,000 | 309,837,000 | 328,763,000 | 280,440,000 | 283,108,000 | 278,042,000 | 160,998,750 | 234,126,000 | 208,257,000 | |||||||||||||||||||||||||||||||||||||||||||||||
yoy | 9.76% | 7.53% | 3.03% | -0.20% | -6.68% | -11.16% | -14.31% | -14.11% | -8.02% | -4.25% | 1.62% | 7.06% | 7.95% | 16.08% | 17.62% | 66.41% | 74.61% | 17.08% | 11.44% | 104.20% | 19.78% | 35.94% | |||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | 3.14% | 2.59% | 4.89% | -1.11% | 1.05% | -1.70% | 1.60% | -7.53% | -3.80% | -5.18% | 1.83% | -0.97% | 0.14% | 0.63% | 7.28% | -0.15% | 7.69% | 1.96% | 6.98% | -5.76% | 17.23% | -0.94% | 1.82% | 72.70% | -31.23% | 12.42% | |||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expenses | 8,500,000 | 10,300,000 | 11,800,000 | 9,900,000 | 3,200,000 | 3,400,000 | 10,000,000 | 12,400,000 | 10,000,000 | 11,700,000 | 12,200,000 | 9,900,000 | 10,000,000 | 10,400,000 | 10,300,000 | 9,900,000 | 10,300,000 | 10,200,000 | 8,800,000 | 5,115,000 | 2,789,000 | 7,182,000 | 5,516,000 | 5,597,000 | 5,586,000 | 3,767,750 | 5,314,000 | 4,918,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total operating expense | 276,150,000 | 366,900,000 | 370,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
171.0 | 149,075,000 | 218,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity method investments | 70,600,000 | 70,700,000 | 75,000,000 | 85,900,000 | 128,100,000 | 67,500,000 | 65,200,000 | 68,000,000 | 117,700,000 | 57,900,000 | 60,100,000 | 53,100,000 | 129,100,000 | 50,100,000 | 56,300,000 | 46,200,000 | 186,800,000 | 34,100,000 | 36,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 280,000,000 | 289,500,000 | 275,900,000 | 176,600,000 | 173,800,000 | 171,000,000 | 181,800,000 | 178,800,000 | 193,200,000 | 215,200,000 | 195,200,000 | 231,400,000 | 198,600,000 | 224,200,000 | 198,400,000 | 194,000,000 | 153,100,000 | 169,100,000 | 161,400,000 | 123,944,000 | 112,302,000 | 143,674,000 | 102,059,000 | 104,474,000 | 103,706,000 | 57,761,000 | 80,769,000 | 75,783,000 | |||||||||||||||||||||||||||||||||||||||||||||||
yoy | 61.10% | 69.30% | 51.76% | -1.23% | -10.04% | -20.54% | -6.86% | -22.73% | -2.72% | -4.01% | -1.61% | 19.28% | 29.72% | 32.58% | 22.92% | 36.43% | 43.72% | 18.64% | 8.29% | 148.74% | 26.36% | 37.86% | |||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -3.28% | 4.93% | 56.23% | 1.61% | 1.64% | -5.94% | 1.68% | -7.45% | -10.22% | 10.25% | -15.64% | 16.52% | -11.42% | 13.00% | 2.27% | 26.71% | -9.46% | 4.77% | 10.37% | -21.84% | 40.78% | -2.31% | 0.74% | 79.54% | -28.49% | 6.58% | |||||||||||||||||||||||||||||||||||||||||||||||||
operating margin % | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | 46.35% | 49.43% | 48.33% | 32.45% | 31.58% | 31.39% | 32.81% | 32.78% | 32.76% | 35.10% | 30.19% | 36.44% | 30.97% | 35.01% | 31.18% | 32.71% | 25.77% | 30.66% | 29.83% | NaN% | NaN% | 37.39% | 36.25% | 43.70% | 36.39% | 36.90% | 37.30% | 35.88% | 34.50% | 36.39% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% |
non-operating (income) and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
imputed interest expense and contingent payment arrangements | 11,800,000 | 700,000 | 2,300,000 | 800,000 | 4,100,000 | 900,000 | 800,000 | -2,000,000 | -300,000 | 300,000 | -13,200,000 | -27,200,000 | 2,500,000 | 2,800,000 | 2,400,000 | 22,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12.3 | 6,200,000 | 6,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 47,050,000 | 66,100,000 | 62,500,000 | 59,700,000 | 74,500,000 | 51,300,000 | 53,200,000 | 56,500,000 | 58,400,000 | 56,800,000 | 72,100,000 | 69,600,000 | 53,200,000 | 64,100,000 | 61,700,000 | 48,900,000 | 87,500,000 | 31,000,000 | 38,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
181.8 | 200,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
11.1 | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
366.6 | 367,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-operating (income) and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
16.3 | 9,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
397.9 | 278,175,000 | 373,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other expense | -6,675,000 | -11,000,000 | 1,300,000 | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
24.0 | 9,875,000 | 12,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
451.4 | 372,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(6.7 | 11,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
403.6 | 366,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(5.8 | 16,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
416.1 | 313,225,000 | 397,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
19.2 | 2,900,000 | 24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
437.9 | 451,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
14.0 | -6,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
399.1 | 403,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
31.9 | -5,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
382.5 | 313,275,000 | 416,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
15.8 | 16,275,000 | 19,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding—basic | 13,725,000 | 55,600,000 | 55,400,000 | 53,700,000 | -52,999,946.9 | 53,200,000 | 53,100,000 | 29,847,093 | 29,698,622 | 33,681,230 | 8,402,984,250 | 33,926,047,000 | 33,591,741 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding—diluted | 14,025,000 | 58,800,000 | 58,700,000 | 55,200,000 | -54,699,943.3 | 56,900,000 | 54,600,000 | 45,230,844 | 44,600,908 | 46,307,678 | 11,116,378,250 | 44,908,036,000 | 44,375,152 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share—basic | 1.283 | 1.88 | 1.81 | 1.44 | 2.97 | 1.41 | 1.22 | 1.4 | 1.23 | 1.05 | 0.598 | 0.84 | 0.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share—diluted | 1.253 | 1.84 | 1.77 | 1.4 | 2.85 | 1.37 | 1.18 | 1.04 | 0.93 | 0.81 | 0.478 | 0.67 | 0.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
379.6 | 437,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
25.2 | 14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
351.7 | 399,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
33.9 | 31,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
327.6 | 278,450,000 | 382,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
imputed interest and contingent payment arrangements | 6,625,000 | 3,900,000 | 8,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
21.6 | 18,750,000 | 15,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
404.6 | 379,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(24.5 | 25,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 7,922,000 | 7,943,000 | 6,845,000 | 6,839,000 | 6,839,000 | 6,854,000 | 4,499,500 | 6,525,000 | 5,737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment loss from affiliate investments in partnerships | 862,750 | 4,959,000 | 9,321,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest and taxes | 139,496,000 | 109,150,000 | 73,119,500 | 91,937,000 | 88,532,000 | 55,140,250 | 77,873,000 | 72,088,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in affiliate investments in partnerships | 832,500 | 4,334,000 | 9,199,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes—current | 16,045,000 | 13,012,000 | 13,791,000 | 5,975,000 | 8,762,000 | 7,139,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes—intangible-related deferred | 6,850,000 | 7,032,000 | 7,105,000 | 5,479,500 | 7,058,000 | 7,430,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes—other deferred | 1,705,000 | 1,464,000 | 499,750 | 924,000 | 843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of total comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | 26,298 | 3,167 | 2,947 | 13,459 | 3,712.75 | 15,003 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 68,185 | 39,789 | 35,076 | 31,940 | 47,395 | 34,775 | 23,789 | 43,513 | 24,872 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income from affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes – current | 9,353,000 | 12,168,000 | 11,453,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes – intangible-related deferred | 4,948,250 | 6,991,000 | 5,697,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes – other deferred | 163,500 | 308,000 | 546,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share – basic | 0.805 | 1.09 | 1.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share – diluted | 0.633 | 0.87 | 0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding – basic | 7,936,713.75 | 30,371,364 | 31,224,354 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding – diluted | 11,324,503 | 44,399,722 | 45,213,524 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest and income taxes | 112,009,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other loss |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 586,000,000 | 950,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 496,200,000 | 409,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 711,600,000 | 595,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 2,531,200,000 | 2,504,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquired client relationships (net) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 1,639,300,000 | 1,777,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method investments in affiliates (net) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 2,870,400,000 | 2,246,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets (net) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 54,400,000 | 57,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 318,300,000 | 288,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 9,207,400,000 | 8,830,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables and accrued liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 806,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 2,691,300,000 | 2,620,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liability (net) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 533,100,000 | 520,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 754,000,000 | 402,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 4,785,300,000 | 4,182,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable non-controlling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 246,800,000 | 350,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock (0.01 par value... | 600,000 | 600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 616,100,000 | 733,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | -106,800,000 | -163,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 7,615,400,000 | 6,899,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost (28.9 shares in 2024 and 31.5 shares in 2025) . . . . . . . . . . . . . . . . . | -4,886,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 3,238,400,000 | 3,345,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 936,900,000 | 952,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 4,175,300,000 | 4,298,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 9,207,400,000 | 8,830,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 476,100,000 | 361,000,000 | 816,500,000 | 1,010,700,000 | 865,500,000 | 793,400,000 | 813,600,000 | 999,200,000 | 785,500,000 | 832,800,000 | 429,200,000 | 622,900,000 | 606,800,000 | 501,000,000 | 908,500,000 | 1,128,000,000 | 777,900,000 | 766,200,000 | 1,039,700,000 | 929,400,000 | 681,600,000 | 592,200,000 | 539,600,000 | 402,500,000 | 360,000,000 | 305,200,000 | 565,500,000 | 448,100,000 | 392,800,000 | 334,200,000 | 439,500,000 | 374,700,000 | 364,600,000 | 293,600,000 | 430,800,000 | 422,000,000 | 360,400,000 | 297,600,000 | 563,800,000 | 541,700,000 | 488,500,000 | 438,200,000 | 550,600,000 | 560,200,000 | 374,200,000 | 747,100,000 | 469,600,000 | 522,400,000 | 413,800,000 | 165,809,000 | 124,084,000 | 201,729,000 | 222,062,000 | 160,406,000 | 114,719,000 | 139,235,000 | 171,348,000 | |||
receivables | 667,700,000 | 571,000,000 | 581,700,000 | 457,100,000 | 457,200,000 | 525,700,000 | 368,400,000 | 428,900,000 | 487,100,000 | 408,600,000 | 316,000,000 | 377,700,000 | 399,200,000 | 465,800,000 | 419,200,000 | 492,500,000 | 711,800,000 | 509,300,000 | 421,600,000 | 404,800,000 | 497,100,000 | 437,300,000 | 417,100,000 | 485,100,000 | 528,700,000 | 535,500,000 | 400,600,000 | 524,500,000 | 485,900,000 | 532,200,000 | 433,800,000 | 487,400,000 | 440,300,000 | 449,000,000 | 383,300,000 | 387,100,000 | 471,800,000 | 495,500,000 | 391,200,000 | 466,200,000 | 482,000,000 | 514,000,000 | 425,900,000 | 524,900,000 | 483,000,000 | 486,300,000 | 418,400,000 | |||||||||||||
investments | 659,700,000 | 644,100,000 | 592,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 2,528,200,000 | 2,537,600,000 | 2,512,500,000 | 2,532,000,000 | 2,516,100,000 | 2,517,500,000 | 2,523,600,000 | 2,509,000,000 | 2,659,600,000 | 2,648,900,000 | 2,648,700,000 | 2,627,900,000 | 2,660,000,000 | 2,683,700,000 | 2,689,200,000 | 2,658,500,000 | 2,669,700,000 | 2,666,200,000 | 2,661,400,000 | 2,638,800,000 | 2,627,600,000 | 2,621,800,000 | 2,651,700,000 | 2,629,800,000 | 2,639,500,000 | 2,642,400,000 | 2,633,400,000 | 2,648,400,000 | 2,648,600,000 | 2,667,300,000 | 2,662,500,000 | 2,661,800,000 | 2,647,500,000 | 2,633,700,000 | 2,628,100,000 | 2,644,300,000 | 2,653,500,000 | 2,672,300,000 | 2,668,400,000 | 2,647,300,000 | 2,670,000,000 | 2,621,200,000 | 2,652,800,000 | 2,474,600,000 | 2,491,000,000 | 2,385,900,000 | 2,341,700,000 | 2,345,900,000 | 2,334,700,000 | 1,213,371,000 | 1,180,210,000 | 1,177,227,000 | 1,113,286,000 | 1,104,105,000 | 1,088,347,000 | 1,082,313,000 | 892,273,000 | |||
acquired client relationships | 1,703,300,000 | 1,716,100,000 | 1,703,900,000 | 1,807,100,000 | 1,795,600,000 | 1,802,300,000 | 1,812,400,000 | 1,809,500,000 | 1,863,100,000 | 1,866,100,000 | 1,876,000,000 | 1,864,100,000 | 1,905,200,000 | 1,943,300,000 | 1,966,400,000 | 1,018,200,000 | 1,036,800,000 | 1,044,300,000 | 1,048,800,000 | 1,035,200,000 | 1,052,300,000 | 1,133,800,000 | 1,182,000,000 | 1,222,600,000 | 1,257,100,000 | 1,289,500,000 | 1,309,900,000 | 1,357,400,000 | 1,393,300,000 | 1,443,100,000 | 1,449,700,000 | 1,467,200,000 | 1,476,100,000 | 1,482,400,000 | 1,497,400,000 | 1,546,300,000 | 1,584,400,000 | 1,647,600,000 | 1,686,400,000 | 1,699,700,000 | 1,749,800,000 | 1,724,700,000 | 1,778,400,000 | 1,566,600,000 | 1,609,600,000 | 1,561,100,000 | 1,460,700,000 | 1,485,400,000 | 1,502,300,000 | 500,017,000 | 489,265,000 | 502,066,000 | 470,322,000 | 477,616,000 | 480,093,000 | 488,699,000 | 440,913,000 | |||
equity method investments in affiliates | 2,529,100,000 | 2,618,300,000 | 2,159,500,000 | 2,148,400,000 | 2,161,600,000 | 2,214,100,000 | 2,288,500,000 | 2,034,900,000 | 1,943,800,000 | 1,920,200,000 | 2,139,500,000 | 2,046,800,000 | 2,104,100,000 | 2,195,200,000 | 2,134,400,000 | 2,085,200,000 | 2,119,100,000 | 1,999,500,000 | 2,074,800,000 | 1,974,700,000 | 1,991,000,000 | 2,038,700,000 | 2,195,600,000 | 2,359,700,000 | 2,330,200,000 | 2,318,500,000 | 2,791,000,000 | 3,055,300,000 | 3,134,000,000 | 3,177,000,000 | 3,304,700,000 | 3,290,800,000 | 3,278,700,000 | 3,298,800,000 | 3,368,300,000 | 2,795,600,000 | 2,450,400,000 | 2,458,700,000 | 1,937,100,000 | 1,669,900,000 | 1,692,100,000 | 1,678,000,000 | 1,783,500,000 | 1,257,400,000 | 1,271,800,000 | 963,100,000 | 982,500,000 | 964,600,000 | ||||||||||||
fixed assets | 55,200,000 | 56,700,000 | 56,900,000 | 61,000,000 | 62,800,000 | 65,600,000 | 67,300,000 | 63,800,000 | 66,300,000 | 67,100,000 | 68,500,000 | 70,100,000 | 71,300,000 | 73,900,000 | 73,900,000 | 74,200,000 | 75,800,000 | 76,100,000 | 79,600,000 | 81,600,000 | 85,800,000 | 88,900,000 | 92,300,000 | 92,900,000 | 99,800,000 | 102,300,000 | 104,300,000 | 104,800,000 | 109,200,000 | 111,300,000 | 111,000,000 | 111,700,000 | 109,700,000 | 109,100,000 | 110,100,000 | 113,400,000 | 112,100,000 | 113,100,000 | 114,100,000 | 106,900,000 | 97,800,000 | 94,900,000 | 95,400,000 | 93,900,000 | 95,900,000 | 93,100,000 | 92,300,000 | 88,100,000 | 84,100,000 | 66,885,000 | 65,224,000 | 63,984,000 | 59,862,000 | 59,075,000 | 55,327,000 | 47,146,000 | 42,925,000 | |||
other assets | 308,900,000 | 302,800,000 | 290,300,000 | 287,800,000 | 288,600,000 | 234,200,000 | 243,900,000 | 238,100,000 | 259,500,000 | 268,400,000 | 264,600,000 | 283,300,000 | 270,800,000 | 232,700,000 | 231,100,000 | 218,100,000 | 255,700,000 | 217,500,000 | 230,900,000 | 313,300,000 | 295,300,000 | 292,100,000 | 304,000,000 | 250,600,000 | 268,900,000 | 239,700,000 | 94,000,000 | 58,100,000 | 54,900,000 | 60,000,000 | 59,200,000 | 61,200,000 | 57,500,000 | 56,000,000 | 54,100,000 | 74,600,000 | 73,400,000 | 71,400,000 | 72,000,000 | 71,700,000 | 77,300,000 | 83,300,000 | 78,600,000 | 90,600,000 | 211,800,000 | 214,100,000 | 99,041,000 | 99,456,000 | 74,924,000 | 71,822,000 | 64,914,000 | 44,959,000 | 42,424,000 | 33,771,000 | ||||||
total assets | 8,928,200,000 | 8,807,600,000 | 8,714,100,000 | 8,903,000,000 | 8,845,000,000 | 9,024,600,000 | 9,059,600,000 | 9,003,600,000 | 8,966,100,000 | 8,895,800,000 | 8,881,000,000 | 8,430,200,000 | 8,468,700,000 | 8,570,800,000 | 8,876,400,000 | 8,107,600,000 | 8,021,700,000 | 7,680,600,000 | 7,888,900,000 | 7,669,500,000 | 7,496,100,000 | 7,482,300,000 | 7,653,500,000 | 7,679,000,000 | 7,727,800,000 | 7,677,000,000 | 8,219,100,000 | 8,538,800,000 | 8,490,500,000 | 8,584,200,000 | 8,702,100,000 | 8,701,400,000 | 8,632,300,000 | 8,590,100,000 | 8,749,100,000 | 8,323,400,000 | 8,034,700,000 | 8,091,300,000 | 7,784,800,000 | 7,535,200,000 | 7,678,800,000 | 7,493,900,000 | 7,698,100,000 | 6,884,200,000 | 6,730,200,000 | 6,620,900,000 | 6,318,800,000 | 6,261,100,000 | 6,072,700,000 | 2,679,610,000 | 2,568,085,000 | 2,665,920,000 | 2,531,630,000 | 2,456,762,000 | 2,395,281,000 | 2,264,020,000 | 1,975,781,000 | 1,519,205,000 | ||
payables and accrued liabilities | 879,700,000 | 692,400,000 | 665,700,000 | 625,700,000 | 637,300,000 | 634,100,000 | 636,200,000 | 602,500,000 | 645,300,000 | 569,100,000 | 548,300,000 | 551,600,000 | 690,200,000 | 843,500,000 | 543,500,000 | 514,800,000 | 572,500,000 | 414,000,000 | 648,000,000 | 607,100,000 | 576,500,000 | 761,600,000 | 662,900,000 | 667,300,000 | 807,200,000 | 698,300,000 | 618,300,000 | 541,600,000 | 729,300,000 | 579,400,000 | 578,100,000 | 571,000,000 | 729,400,000 | 699,300,000 | 632,000,000 | 577,200,000 | 808,300,000 | 735,300,000 | 578,500,000 | 509,500,000 | 514,700,000 | |||||||||||||||||||
debt | 2,371,600,000 | 2,621,200,000 | 2,620,700,000 | 2,619,700,000 | 2,525,200,000 | 2,524,900,000 | 2,537,500,000 | 2,536,900,000 | 2,536,400,000 | 2,535,900,000 | 2,535,300,000 | 2,534,800,000 | 2,534,300,000 | 2,577,900,000 | 2,490,400,000 | 2,491,800,000 | 2,299,300,000 | 2,303,100,000 | 2,312,100,000 | 2,310,800,000 | 2,042,800,000 | 2,044,900,000 | 1,793,800,000 | 1,792,600,000 | 1,791,400,000 | 1,780,700,000 | ||||||||||||||||||||||||||||||||||
deferred tax liability | 542,400,000 | 544,300,000 | 520,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 594,500,000 | 474,900,000 | 442,100,000 | 464,500,000 | 529,700,000 | 464,600,000 | 466,300,000 | 482,300,000 | 470,300,000 | 485,700,000 | 461,700,000 | 692,600,000 | 700,900,000 | 723,600,000 | 709,200,000 | 463,300,000 | 468,200,000 | 483,200,000 | 452,200,000 | 463,100,000 | 468,500,000 | 539,300,000 | 359,100,000 | 346,500,000 | 354,600,000 | 386,200,000 | 162,700,000 | 166,500,000 | 162,400,000 | 216,300,000 | 182,400,000 | 178,300,000 | 203,600,000 | 253,300,000 | 149,400,000 | 170,300,000 | 179,700,000 | 189,700,000 | 213,300,000 | 188,000,000 | 229,400,000 | 181,300,000 | 214,500,000 | 201,400,000 | 203,800,000 | 237,400,000 | 177,000,000 | |||||||||||||
total liabilities | 4,388,200,000 | 4,332,800,000 | 4,249,000,000 | 4,231,900,000 | 4,191,300,000 | 4,111,100,000 | 4,096,100,000 | 4,107,100,000 | 4,096,800,000 | 4,143,200,000 | 4,240,000,000 | 4,288,200,000 | 4,277,100,000 | 4,338,800,000 | 4,491,900,000 | 4,159,200,000 | 4,108,100,000 | 3,762,700,000 | 3,900,100,000 | 3,689,100,000 | 3,472,100,000 | 3,391,600,000 | 3,237,700,000 | 3,198,700,000 | 3,174,800,000 | 3,161,900,000 | 3,250,500,000 | 3,248,700,000 | 3,179,600,000 | 3,220,000,000 | 3,311,700,000 | 3,492,500,000 | 3,531,300,000 | 3,487,600,000 | 3,649,100,000 | 3,515,100,000 | 3,505,200,000 | 3,660,600,000 | 3,403,200,000 | 3,234,000,000 | 3,297,700,000 | 3,205,900,000 | 3,409,400,000 | 2,666,600,000 | 2,545,400,000 | 2,584,600,000 | 2,532,300,000 | 2,644,400,000 | 2,460,500,000 | 1,834,605,000 | 1,814,359,000 | 1,896,464,000 | 1,767,212,000 | 1,689,113,000 | 1,358,293,000 | 1,365,831,000 | 1,135,166,000 | |||
redeemable non-controlling interests | 273,500,000 | 336,100,000 | 366,100,000 | 397,100,000 | 391,000,000 | 393,000,000 | 393,400,000 | 432,300,000 | 500,900,000 | 533,200,000 | 465,400,000 | 486,600,000 | 547,800,000 | 638,800,000 | 673,900,000 | 748,900,000 | 755,700,000 | 730,600,000 | 671,500,000 | 652,000,000 | 682,100,000 | 581,800,000 | 916,700,000 | 847,100,000 | 727,200,000 | 754,800,000 | 833,700,000 | 968,900,000 | 953,500,000 | 941,600,000 | 811,900,000 | 804,600,000 | 730,600,000 | 733,500,000 | 673,500,000 | 778,500,000 | 745,000,000 | 658,300,000 | 612,500,000 | 695,300,000 | 744,300,000 | 743,200,000 | 645,500,000 | 703,700,000 | 678,500,000 | 660,600,000 | 641,900,000 | 614,100,000 | 519,800,000 | |||||||||||
common stock | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 500,000 | 500,000 | 500,000 | 390,000 | 390,000 | 390,000 | 390,000 | 390,000 | 390,000 | 390,000 | 387,000 | |||
additional paid-in capital | 714,600,000 | 701,200,000 | 667,800,000 | 711,300,000 | 712,800,000 | 712,100,000 | 741,400,000 | 722,300,000 | 651,900,000 | 563,900,000 | 695,500,000 | 709,600,000 | 651,800,000 | 557,400,000 | 651,600,000 | 556,000,000 | 539,300,000 | 619,700,000 | 728,900,000 | 764,100,000 | 768,200,000 | 860,700,000 | 707,200,000 | 742,600,000 | 835,800,000 | 804,400,000 | 835,600,000 | 707,900,000 | 679,700,000 | 664,200,000 | 808,600,000 | 849,700,000 | 912,300,000 | 925,200,000 | 1,073,500,000 | 773,700,000 | 527,700,000 | 541,400,000 | 597,200,000 | 540,300,000 | 501,300,000 | 519,200,000 | 672,200,000 | 631,300,000 | 649,000,000 | 691,600,000 | 479,900,000 | 548,000,000 | 781,500,000 | 634,128,000 | 627,167,000 | 609,369,000 | 605,879,000 | 599,259,000 | 595,621,000 | 589,818,000 | 559,321,000 | |||
accumulated other comprehensive loss | -108,600,000 | -125,000,000 | -175,700,000 | -139,200,000 | -163,700,000 | -157,800,000 | -167,600,000 | -179,900,000 | -161,200,000 | -178,300,000 | -203,400,000 | -213,900,000 | -145,700,000 | -93,200,000 | -87,900,000 | -83,700,000 | -64,800,000 | -73,800,000 | -98,300,000 | -154,900,000 | -170,400,000 | -146,500,000 | -108,800,000 | -125,000,000 | -95,100,000 | -106,900,000 | -109,000,000 | -60,100,000 | -6,700,000 | -900,000 | -21,800,000 | -51,100,000 | -94,400,000 | -108,700,000 | -80,800,000 | -76,300,000 | -26,700,000 | |||||||||||||||||||||||
retained earnings | 7,268,000,000 | 7,055,900,000 | 6,971,900,000 | 6,738,100,000 | 6,614,700,000 | 6,539,100,000 | 6,389,600,000 | 6,193,800,000 | 5,977,200,000 | 5,852,300,000 | 5,718,200,000 | 4,940,700,000 | 4,828,500,000 | 4,719,400,000 | 4,569,500,000 | 4,391,500,000 | 4,263,400,000 | 4,154,900,000 | 4,005,500,000 | 3,890,100,000 | 3,819,300,000 | 3,789,100,000 | 3,819,800,000 | 3,813,600,000 | 3,743,700,000 | 3,652,600,000 | 3,876,800,000 | 4,044,100,000 | 3,935,500,000 | 3,834,900,000 | 3,698,500,000 | 3,394,400,000 | 3,280,300,000 | 3,165,400,000 | 3,054,400,000 | 2,902,700,000 | 2,891,300,000 | 2,783,800,000 | 2,679,300,000 | 2,529,000,000 | 2,420,000,000 | 2,291,300,000 | 2,163,300,000 | 1,992,700,000 | 1,888,400,000 | 1,788,400,000 | 1,711,200,000 | 1,553,000,000 | 1,477,800,000 | 732,974,000 | 691,087,000 | 654,465,000 | 605,511,000 | 572,364,000 | 538,428,000 | 464,424,000 | 435,913,000 | |||
7,469.9 | 7,874,600,000 | 7,632,700,000 | 7,464,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost | -4,531,200,000 | -4,394,000,000 | -4,276,400,000 | -3,994,500,000 | -3,833,500,000 | -3,503,800,000 | -3,376,100,000 | -3,241,800,000 | -3,070,500,000 | -2,966,600,000 | -2,980,600,000 | -2,670,800,000 | -2,594,200,000 | -2,515,400,000 | -2,347,400,000 | -2,227,500,000 | -2,128,900,000 | -2,050,200,000 | -1,857,000,000 | -1,651,000,000 | -1,563,000,000 | -1,523,900,000 | -1,481,300,000 | -1,361,800,000 | -1,259,700,000 | -1,210,300,000 | -1,146,600,000 | -1,074,300,000 | -969,800,000 | -821,800,000 | -663,700,000 | -566,100,000 | -498,800,000 | -397,600,000 | -386,000,000 | -413,500,000 | -424,600,000 | -430,800,000 | -421,900,000 | -396,900,000 | -346,900,000 | -250,500,000 | -240,900,000 | -81,800,000 | -65,400,000 | -101,600,000 | -131,400,000 | -260,383,000 | ||||||||||||
total stockholders' equity | 3,343,400,000 | 3,238,700,000 | 3,188,200,000 | 3,316,300,000 | 3,330,900,000 | 3,590,200,000 | 3,587,900,000 | 3,495,000,000 | 3,398,000,000 | 3,271,900,000 | 3,230,300,000 | 2,766,200,000 | 2,741,000,000 | 2,668,800,000 | 2,786,400,000 | 2,636,900,000 | 2,609,600,000 | 2,651,200,000 | 2,779,700,000 | 2,848,900,000 | 2,854,700,000 | 2,980,000,000 | 2,937,500,000 | 3,070,000,000 | 3,225,300,000 | 3,140,400,000 | 3,457,400,000 | 3,618,200,000 | 3,639,300,000 | 3,677,000,000 | 3,627,500,000 | 3,600,000,000 | 3,584,900,000 | 3,182,700,000 | 2,918,700,000 | 2,868,300,000 | 2,660,500,000 | 2,651,100,000 | 2,557,800,000 | 2,627,000,000 | 2,595,600,000 | 2,545,900,000 | 2,430,400,000 | 2,134,200,000 | 2,032,300,000 | 2,154,800,000 | ||||||||||||||
non-controlling interests | 923,100,000 | 900,000,000 | 910,800,000 | 957,700,000 | 931,800,000 | 930,300,000 | 982,200,000 | 969,200,000 | 970,400,000 | 947,500,000 | 945,300,000 | 889,200,000 | 902,800,000 | 924,400,000 | 924,200,000 | 562,600,000 | 548,300,000 | 536,100,000 | 537,600,000 | 479,500,000 | 487,200,000 | 528,900,000 | 561,600,000 | 563,200,000 | 600,500,000 | 619,900,000 | 677,500,000 | 703,000,000 | 718,100,000 | 745,600,000 | 756,300,000 | 776,800,000 | 770,400,000 | 784,100,000 | 806,900,000 | 847,100,000 | 865,800,000 | 904,100,000 | 932,000,000 | 945,400,000 | 985,700,000 | 987,000,000 | 1,016,200,000 | 918,300,000 | 960,400,000 | 945,300,000 | 1,010,400,000 | 970,300,000 | 937,600,000 | |||||||||||
total equity | 4,266,500,000 | 4,138,700,000 | 4,099,000,000 | 4,274,000,000 | 4,262,700,000 | 4,520,500,000 | 4,570,100,000 | 4,464,200,000 | 4,368,400,000 | 4,219,400,000 | 4,175,600,000 | 3,655,400,000 | 3,643,800,000 | 3,593,200,000 | 3,710,600,000 | 3,199,500,000 | 3,157,900,000 | 3,187,300,000 | 3,317,300,000 | 3,328,400,000 | 3,341,900,000 | 3,508,900,000 | 3,499,100,000 | 3,633,200,000 | 3,825,800,000 | 3,760,300,000 | 4,134,900,000 | 4,321,200,000 | 4,357,400,000 | 4,422,600,000 | 4,578,500,000 | 4,404,300,000 | 4,370,400,000 | 4,369,000,000 | 4,426,500,000 | 4,029,800,000 | 3,784,500,000 | 3,772,400,000 | 3,769,100,000 | 3,605,900,000 | 3,636,800,000 | 3,544,800,000 | 3,643,200,000 | 3,513,900,000 | 3,506,300,000 | 3,375,700,000 | 3,144,600,000 | 3,002,600,000 | 3,092,400,000 | |||||||||||
total liabilities and equity | 8,928,200,000 | 8,807,600,000 | 8,714,100,000 | 8,903,000,000 | 8,845,000,000 | 9,024,600,000 | 9,059,600,000 | 9,003,600,000 | 8,966,100,000 | 8,895,800,000 | 8,881,000,000 | 8,430,200,000 | 8,468,700,000 | 8,570,800,000 | 8,876,400,000 | 8,107,600,000 | 8,021,700,000 | 7,680,600,000 | 7,888,900,000 | 7,669,500,000 | 7,496,100,000 | 7,482,300,000 | 7,653,500,000 | 7,679,000,000 | 7,727,800,000 | 7,677,000,000 | 8,219,100,000 | 8,538,800,000 | 8,490,500,000 | 8,584,200,000 | 8,702,100,000 | 8,701,400,000 | 8,632,300,000 | 8,590,100,000 | 8,749,100,000 | 8,323,400,000 | 8,034,700,000 | 8,091,300,000 | 7,784,800,000 | 7,535,200,000 | 7,678,800,000 | 7,493,900,000 | 7,698,100,000 | 6,884,200,000 | 6,730,200,000 | 6,620,900,000 | 6,318,800,000 | 6,261,100,000 | 6,072,700,000 | |||||||||||
payable and accrued liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 639,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost (25.3 shares in 2023 and 28.9 shares in 2024) . . . . . . . . . . . . . . . . . | -4,124,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in marketable securities | 66,100,000 | 167,300,000 | 348,900,000 | 461,000,000 | 462,300,000 | 444,200,000 | 457,700,000 | 716,900,000 | 183,700,000 | 66,600,000 | 81,100,000 | 78,500,000 | 75,800,000 | 62,800,000 | 108,800,000 | 74,900,000 | 68,200,000 | 61,400,000 | 54,600,000 | 59,400,000 | 30,600,000 | 33,900,000 | 36,400,000 | 119,300,000 | 144,100,000 | 77,800,000 | 92,400,000 | 103,600,000 | 115,500,000 | 122,400,000 | 213,200,000 | 203,600,000 | 208,200,000 | 199,900,000 | 171,800,000 | 261,500,000 | 192,900,000 | 172,600,000 | 158,100,000 | 149,000,000 | 136,000,000 | 157,900,000 | 132,900,000 | 120,100,000 | ||||||||||||||||
other investments | 532,800,000 | 530,300,000 | 522,900,000 | 480,900,000 | 457,900,000 | 457,000,000 | 426,000,000 | 421,600,000 | 353,700,000 | 384,700,000 | 394,100,000 | 375,200,000 | 357,100,000 | 312,100,000 | 292,700,000 | 257,200,000 | 223,500,000 | 204,000,000 | 222,900,000 | 211,800,000 | 205,200,000 | 209,700,000 | 207,500,000 | 201,100,000 | 165,000,000 | 160,500,000 | 151,800,000 | 148,800,000 | 147,500,000 | 144,000,000 | 142,500,000 | 144,200,000 | 149,300,000 | 158,300,000 | 165,700,000 | 158,000,000 | 167,200,000 | 171,200,000 | 172,400,000 | 169,700,000 | 164,300,000 | |||||||||||||||||||
deferred income tax liability | 522,000,000 | 499,100,000 | 487,500,000 | 463,800,000 | 451,700,000 | 487,600,000 | 476,300,000 | 464,700,000 | 491,700,000 | 493,600,000 | 485,700,000 | 503,200,000 | 513,900,000 | 497,100,000 | 432,900,000 | 423,400,000 | 400,400,000 | 388,300,000 | 393,400,000 | 450,200,000 | 411,600,000 | 421,700,000 | 418,500,000 | 511,600,000 | 479,200,000 | 471,700,000 | 474,900,000 | 467,400,000 | ||||||||||||||||||||||||||||||||
6,964.0 | 7,310,800,000 | 7,164,400,000 | 7,094,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payable and accrued liabilities | 628,500,000 | 778,300,000 | 789,100,000 | 712,400,000 | 634,600,000 | 746,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
6,210.9 | 6,736,800,000 | 6,468,500,000 | 6,238,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
5,133.8 | 5,437,000,000 | 5,335,200,000 | 5,184,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4,636.7 | 4,864,400,000 | 4,738,500,000 | 4,701,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4,418.8 | 4,499,900,000 | 4,417,700,000 | 4,503,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4,604.0 | 4,431,800,000 | 4,485,000,000 | 4,350,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior bank debt | 779,700,000 | 809,000,000 | 868,900,000 | 788,800,000 | 783,700,000 | 868,600,000 | 873,500,000 | 898,400,000 | 1,063,400,000 | 645,000,000 | 410,000,000 | 475,000,000 | 535,000,000 | 855,000,000 | 250,000,000 | 300,000,000 | 400,000,000 | 525,000,000 | 575,000,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||
senior notes | 742,500,000 | 741,300,000 | 741,000,000 | 940,600,000 | 940,000,000 | 939,400,000 | 938,800,000 | 938,200,000 | 937,700,000 | 944,600,000 | 1,084,500,000 | 1,084,300,000 | 1,084,200,000 | 736,800,000 | 736,700,000 | 736,600,000 | 736,600,000 | 340,000,000 | 340,000,000 | 340,000,000 | ||||||||||||||||||||||||||||||||||||||||
convertible securities | 307,400,000 | 306,600,000 | 305,900,000 | 305,100,000 | 304,400,000 | 303,700,000 | 303,000,000 | 302,300,000 | 301,600,000 | 301,000,000 | 300,300,000 | 299,700,000 | 305,200,000 | 304,700,000 | 304,100,000 | 303,600,000 | 303,100,000 | 302,600,000 | 302,200,000 | 301,700,000 | 518,700,000 | |||||||||||||||||||||||||||||||||||||||
other investments and assets | 256,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior debt | 1,534,800,000 | 1,576,700,000 | 1,556,400,000 | 389,500,000 | 428,500,000 | 65,750,000 | 65,750,000 | 65,750,000 | 256,750,000 | 116,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
4,485.9 | 4,692,500,000 | 4,609,100,000 | 4,498,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments and other assets | 326,700,000 | 319,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 3,822,200,000 | 3,619,600,000 | 2,837,100,000 | 591,949,000 | 513,762,000 | 499,222,000 | 535,184,000 | 543,419,000 | 816,560,000 | 810,637,000 | 765,910,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 702,300,000 | 677,000,000 | 666,700,000 | 660,800,000 | 652,100,000 | 610,500,000 | 599,100,000 | 565,700,000 | 547,500,000 | 572,900,000 | 524,600,000 | 491,700,000 | 440,600,000 | 424,300,000 | 399,400,000 | 456,900,000 | 461,400,000 | 505,800,000 | 232,393,000 | 221,605,000 | 218,584,000 | 208,351,000 | 201,255,000 | 193,056,000 | 173,988,000 | 137,042,000 | ||||||||||||||||||||||||||||||||||
4,005.6 | 4,193,600,000 | 4,098,800,000 | 3,982,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -122,900,000 | -18,100,000 | -12,500,000 | 76,100,000 | -2,800,000 | 31,800,000 | 52,800,000 | 73,300,000 | 51,400,000 | 74,000,000 | 63,400,000 | 38,600,000 | 44,131,000 | 17,833,000 | 14,666,000 | 28,544,000 | 29,750,000 | 16,291,000 | 16,388,000 | 1,385,000 | ||||||||||||||||||||||||||||||||||||||||
3,259.0 | 3,596,200,000 | 3,343,300,000 | 3,299,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2,867.9 | 3,057,400,000 | 2,998,000,000 | 2,808,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2,265.6 | 2,867,900,000 | 2,677,400,000 | 2,611,300,000 | 2,532,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investments in affiliates | 1,123,300,000 | 281,435,000 | 280,087,000 | 293,440,000 | 285,806,000 | 287,724,000 | 288,809,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
2,298.8 | 2,265,600,000 | 2,164,900,000 | 2,298,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment advisory fees receivable | 269,900,000 | 275,400,000 | 187,725,000 | 178,269,000 | 201,385,000 | 160,442,000 | 147,727,000 | 154,594,000 | 136,222,000 | 111,838,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled fund shares receivable | 159,300,000 | 104,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 62,900,000 | 59,300,000 | 24,589,000 | 20,990,000 | 27,299,000 | 40,039,000 | 40,098,000 | 42,833,000 | 30,094,000 | 30,221,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | 1,147,400,000 | 972,900,000 | 518,861,000 | 453,843,000 | 554,279,000 | 530,532,000 | 463,328,000 | 437,746,000 | 305,551,000 | 313,407,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 387,800,000 | 287,000,000 | 166,085,000 | 111,574,000 | 246,727,000 | 241,026,000 | 188,496,000 | 138,894,000 | 177,148,000 | 121,971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled fund shares payable | 162,100,000 | 107,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables to related party | 32,900,000 | 29,600,000 | 6,156,000 | 13,606,000 | 41,086,000 | 8,595,000 | 9,428,000 | 9,780,000 | 12,203,000 | 11,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 582,800,000 | 423,700,000 | 172,241,000 | 125,180,000 | 287,813,000 | 315,371,000 | 263,674,000 | 214,424,000 | 189,351,000 | 133,239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
senior convertible securities | 404,800,000 | 408,977,000 | 408,840,000 | 413,246,000 | 413,659,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
junior convertible trust preferred securities | 517,900,000 | 517,100,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 167,300,000 | 169,100,000 | 31,494,000 | 30,234,000 | 11,209,000 | 14,244,000 | 16,525,000 | 17,364,000 | 21,325,000 | 23,873,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
less treasury stock, at cost | -132,600,000 | -143,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate investments in partnerships | 117,737,000 | 108,532,000 | 108,350,000 | 107,989,000 | 115,097,000 | 125,600,000 | 2,303,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate investments in marketable securities | 23,001,000 | 21,968,000 | 15,516,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mandatory convertible securities | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 230,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 140,088,000 | 135,777,000 | 166,138,000 | 126,704,000 | 114,611,000 | 100,637,000 | 87,552,000 | 74,705,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in affiliate investments in partnerships | 112,968,000 | 104,187,000 | 104,096,000 | 102,530,000 | 109,619,000 | 119,791,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 2,679,610,000 | 2,568,085,000 | 2,665,920,000 | 2,531,630,000 | 2,456,762,000 | 2,395,281,000 | 2,264,020,000 | 1,975,781,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
senior convertible debt | 413,358,000 | 414,449,000 | 424,417,000 | 424,262,000 | 423,340,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investment in affiliates | 297,887,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investment in affiliate | 252,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statement of income data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | 495,029,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 60,528,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share—diluted | 1,570 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding—diluted | 40,113,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financial data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets under management | 91,524,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities | 116,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | 153,697,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ebitda | 147,215,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash net income | 104,944,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance sheet data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 1,116,036,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term obligations | 108,851,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | 614,769,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible amortization and impairments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and other amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method income (net) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions received from equity method investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate transaction gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation and affiliate equity expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains on investment securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of securities by consolidated affiliate sponsored investment products . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of securities by consolidated affiliate sponsored investment products . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables, accrued liabilities, and other liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from operating activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in affiliates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from affiliate transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital from equity method investments in affiliates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investment securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities and sales of investment securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from investing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of senior bank debt, senior notes, and junior subordinated notes . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of senior bank debt, junior convertible securities, and senior notes . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity issuances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(redemptions) subscriptions to consolidated affiliate sponsored investment products, net . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of deferred payments, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes paid on shares withheld on share-based awards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow used in financing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of foreign currency exchange rate changes on cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of consolidation (deconsolidation) of affiliates and affiliate sponsored investment products . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares received from affiliate transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion premium obligations on junior convertible securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued upon vesting of restricted stock units and exercise of stock options . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for affiliate equity purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock received for tax withholdings on share-based payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock received for the exercise of stock options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for investments in affiliates and contingent payment obligations . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for new operating leases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 291,000,000 | 135,900,000 | 99,200,000 | 185,700,000 | 135,100,000 | 198,700,000 | 244,200,000 | 286,000,000 | 187,400,000 | 188,500,000 | 831,100,000 | 164,400,000 | 173,900,000 | 218,700,000 | 283,400,000 | 208,500,000 | 184,100,000 | 214,100,000 | 195,800,000 | 127,800,000 | 63,400,000 | 40,000,000 | 95,800,000 | 162,100,000 | 180,200,000 | -133,000,000 | -98,800,000 | 201,800,000 | 205,300,000 | 224,000,000 | 393,800,000 | 216,900,000 | 204,400,000 | 193,600,000 | 207,400,000 | 174,900,000 | 182,700,000 | 174,000,000 | 230,800,000 | 192,300,000 | 189,900,000 | 220,700,000 | 256,200,000 | 191,000,000 | 179,000,000 | 159,400,000 | 513,200,000 | 22,200,000 | 5,265,000 | 36,622,000 | 118,131,000 | -790,000 | -1,304,000 | 35,240,000 | 2,269,000 | ||
intangible amortization and impairments | 6,400,000 | 6,300,000 | 83,300,000 | 7,300,000 | 7,200,000 | 7,300,000 | 10,800,000 | 12,500,000 | 12,500,000 | 12,500,000 | 12,200,000 | 14,400,000 | 12,400,000 | 12,600,000 | 10,400,000 | 8,900,000 | 8,900,000 | 7,500,000 | 7,100,000 | 31,900,000 | 80,900,000 | 20,600,000 | 72,500,000 | 21,100,000 | 21,300,000 | 29,600,000 | 38,300,000 | 30,100,000 | 23,200,000 | 23,200,000 | 21,300,000 | 21,200,000 | 22,000,000 | 21,900,000 | 28,000,000 | 26,900,000 | 28,700,000 | 26,600,000 | 29,000,000 | 30,500,000 | 28,100,000 | 27,800,000 | 38,000,000 | 28,700,000 | 28,100,000 | 27,400,000 | 95,500,000 | 100,000 | |||||||||
depreciation and other amortization | 2,600,000 | 2,500,000 | 2,800,000 | 3,300,000 | 3,100,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,300,000 | 3,700,000 | 3,900,000 | 3,800,000 | 4,700,000 | 3,400,000 | 4,100,000 | 4,100,000 | 4,100,000 | 4,300,000 | 4,400,000 | 4,600,000 | 5,000,000 | 5,100,000 | 4,600,000 | 6,100,000 | 5,400,000 | 5,200,000 | 5,500,000 | 5,300,000 | 5,700,000 | 5,500,000 | 5,400,000 | 4,800,000 | 4,900,000 | 5,200,000 | 4,500,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,300,000 | 4,500,000 | 4,600,000 | 4,400,000 | 4,600,000 | 4,400,000 | 4,100,000 | 3,800,000 | 10,600,000 | 100,000 | 48,000 | 2,365,000 | 6,524,000 | -12,000 | 355,000 | 1,896,000 | |||
deferred income tax expense | 17,300,000 | 18,900,000 | 7,900,000 | 18,700,000 | 17,300,000 | 23,500,000 | 18,400,000 | -11,200,000 | 12,900,000 | 11,300,000 | -15,800,000 | 16,800,000 | 10,800,000 | 20,200,000 | 3,600,000 | 19,400,000 | 50,400,000 | 17,800,000 | 16,200,000 | 21,200,000 | 3,500,000 | 5,500,000 | -86,000,000 | ||||||||||||||||||||||||||||||||||
equity method income | -88,600,000 | -65,600,000 | -75,300,000 | -52,600,000 | -18,200,000 | -117,500,000 | -125,700,000 | -39,800,000 | -55,900,000 | -58,600,000 | -44,800,000 | -30,500,000 | -48,600,000 | -59,700,000 | -35,300,000 | -96,300,000 | |||||||||||||||||||||||||||||||||||||||||
distributions received from equity method investments | 83,800,000 | 91,200,000 | 204,700,000 | 68,300,000 | 77,500,000 | 211,500,000 | 69,100,000 | 70,800,000 | 189,900,000 | 59,400,000 | 81,900,000 | 80,800,000 | 124,300,000 | 52,700,000 | 70,700,000 | 68,900,000 | 153,800,000 | 51,500,000 | 60,900,000 | 46,300,000 | 208,200,000 | 185,700,000 | -11,600,000 | -10,314,000 | 20,513,000 | 37,532,000 | 808,000 | -13,329,000 | 21,022,000 | ||||||||||||||||||||||||||||
affiliate transaction gains | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation and affiliate equity compensation expense | 56,300,000 | 68,600,000 | 23,700,000 | 22,300,000 | 27,500,000 | 38,800,000 | 28,700,000 | 26,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains on investment securities | -22,600,000 | -19,100,000 | -1,400,000 | -10,000,000 | -11,600,000 | -9,100,000 | -32,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash items | 2,000,000 | -3,200,000 | -700,000 | -1,300,000 | 800,000 | -3,300,000 | -7,100,000 | -3,600,000 | -8,100,000 | 8,000,000 | 15,800,000 | 1,600,000 | 13,700,000 | -13,300,000 | 113,300,000 | -28,600,000 | -17,200,000 | -23,300,000 | -23,300,000 | -4,000,000 | 15,300,000 | 9,000,000 | -6,200,000 | -2,700,000 | -4,400,000 | -4,400,000 | 13,200,000 | -10,200,000 | -6,900,000 | 1,200,000 | 4,400,000 | -8,800,000 | -14,300,000 | -7,600,000 | -10,700,000 | -10,200,000 | -3,800,000 | -100,000 | 500,000 | -3,700,000 | -5,300,000 | 2,700,000 | 6,600,000 | 3,000,000 | -7,000,000 | 8,800,000 | |||||||||||
purchases of securities by consolidated affiliate sponsored investment products | -37,000,000 | -11,100,000 | -24,000,000 | -13,100,000 | -36,000,000 | -12,700,000 | -12,400,000 | -11,200,000 | -11,600,000 | -9,800,000 | -12,200,000 | -5,100,000 | -17,600,000 | -11,800,000 | -18,500,000 | -31,000,000 | -11,800,000 | -48,300,000 | -26,600,000 | -18,700,000 | -38,800,000 | -26,000,000 | |||||||||||||||||||||||||||||||||||
sales of securities by consolidated affiliate sponsored investment products | 14,800,000 | 10,400,000 | 20,100,000 | 10,700,000 | 15,900,000 | 21,500,000 | 15,400,000 | 14,300,000 | 12,200,000 | 12,400,000 | 9,300,000 | 2,800,000 | 11,400,000 | 10,300,000 | 8,100,000 | 11,100,000 | 15,100,000 | 23,700,000 | 22,000,000 | 15,300,000 | 37,100,000 | 25,200,000 | 11,000,000 | 2,300,000 | 1,700,000 | 1,500,000 | |||||||||||||||||||||||||||||||
increase in receivables | -104,900,000 | 34,200,000 | -161,100,000 | 14,200,000 | 68,800,000 | -159,500,000 | -92,200,000 | -52,200,000 | -206,700,000 | -86,600,000 | -59,800,000 | -32,700,000 | 35,000,000 | 4,800,000 | -131,300,000 | -21,000,000 | 31,800,000 | -92,400,000 | -700,000 | -75,100,000 | 87,700,000 | 44,200,000 | -94,200,000 | 29,300,000 | 18,100,000 | -72,400,000 | -41,500,000 | 12,900,000 | -66,500,000 | ||||||||||||||||||||||||||||
decrease in other assets | -10,000,000 | -9,900,000 | -3,100,000 | 2,400,000 | 5,300,000 | 6,100,000 | -14,100,000 | 13,300,000 | 7,100,000 | 2,900,000 | 22,300,000 | 9,900,000 | 11,200,000 | -1,800,000 | 1,300,000 | 37,500,000 | -26,200,000 | 11,200,000 | 3,200,000 | 10,800,000 | -19,300,000 | 5,800,000 | 5,600,000 | 400,000 | -5,600,000 | 1,900,000 | 3,884,000 | ||||||||||||||||||||||||||||||
increase in payables, accrued liabilities, and other liabilities | 193,600,000 | -28,300,000 | 32,800,000 | 900,000 | 186,100,000 | 30,600,000 | -154,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from operating activities | 277,100,000 | 230,800,000 | 208,900,000 | 265,200,000 | 245,200,000 | 209,200,000 | 254,900,000 | 293,900,000 | 90,700,000 | 234,800,000 | 257,300,000 | 290,900,000 | 361,500,000 | 145,000,000 | 361,900,000 | 346,400,000 | 362,000,000 | 188,900,000 | 382,500,000 | 251,400,000 | 289,800,000 | 85,600,000 | 312,500,000 | 307,400,000 | 327,100,000 | -17,900,000 | 264,400,000 | 298,900,000 | 372,300,000 | 205,000,000 | 369,900,000 | 356,500,000 | 321,900,000 | 122,100,000 | 344,500,000 | 342,000,000 | 315,000,000 | 26,100,000 | 348,600,000 | 385,700,000 | 351,400,000 | 119,100,000 | 361,800,000 | 404,500,000 | 328,200,000 | 297,700,000 | 674,300,000 | 20,100,000 | 198,158,000 | -26,538,000 | 7,943,000 | ||||||
investments in affiliates, net of cash acquired | -5,000,000 | -460,600,000 | -49,500,000 | -200,000 | -200,900,000 | -143,300,000 | 0 | 0 | -147,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from affiliate transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital from equity method investments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed assets | -1,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investment securities | -15,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities and sales of investment securities | 189,200,000 | 16,500,000 | 23,700,000 | 120,800,000 | 319,800,000 | 434,600,000 | 246,600,000 | 251,800,000 | 110,400,000 | 399,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash flow from investing activities | 270,700,000 | -493,700,000 | -35,600,000 | 55,800,000 | 240,300,000 | 74,500,000 | 288,000,000 | -146,600,000 | -24,100,000 | 2,700,000 | 4,600,000 | -21,600,000 | -3,900,000 | 8,900,000 | 3,900,000 | -15,300,000 | 16,300,000 | -114,300,000 | |||||||||||||||||||||||||||||||||||||||
borrowings of senior bank debt, senior notes, and junior subordinated notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of senior bank debt and senior notes | -300,000,000 | 0 | -450,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | -75,700,000 | -101,300,000 | -176,200,000 | -104,900,000 | -332,100,000 | -152,500,000 | -169,300,000 | -73,200,000 | -78,600,000 | -201,300,000 | -98,100,000 | -82,100,000 | -312,800,000 | -99,700,000 | -33,100,000 | -80,200,000 | -81,600,000 | -70,800,000 | -71,000,000 | ||||||||||||||||||||||||||||||||||||||
dividends paid on common stock | -300,000 | -200,000 | -300,000 | -300,000 | -400,000 | -300,000 | -300,000 | -400,000 | -400,000 | -400,000 | -400,000 | -400,000 | -400,000 | -400,000 | -400,000 | -400,000 | -400,000 | -500,000 | -500,000 | -500,000 | -500,000 | -15,300,000 | -15,700,000 | -16,200,000 | -16,400,000 | -17,000,000 | -15,800,000 | -16,000,000 | -16,200,000 | -16,400,000 | -11,100,000 | -11,200,000 | -11,300,000 | -11,300,000 | |||||||||||||||||||||||
distributions to non-controlling interests | -55,800,000 | -62,700,000 | -87,000,000 | -58,900,000 | -65,800,000 | -81,800,000 | -54,900,000 | -60,000,000 | -76,900,000 | -79,500,000 | -63,900,000 | -66,200,000 | -89,300,000 | -122,500,000 | -73,400,000 | -67,400,000 | -90,900,000 | -102,600,000 | -57,200,000 | -77,400,000 | -72,100,000 | -99,600,000 | -71,300,000 | -83,900,000 | -88,100,000 | -104,600,000 | -76,900,000 | -88,300,000 | -92,900,000 | -112,400,000 | -85,400,000 | -88,200,000 | -86,600,000 | -92,000,000 | -84,000,000 | -81,100,000 | -87,400,000 | -101,600,000 | -94,500,000 | -106,900,000 | -115,400,000 | -114,600,000 | -101,100,000 | -122,800,000 | -126,500,000 | -219,000,000 | -227,900,000 | 14,800,000 | |||||||||
affiliate equity purchases | -8,900,000 | -12,800,000 | -28,300,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes paid on shares withheld on share-based awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing items | 62,200,000 | -24,100,000 | -21,400,000 | -118,600,000 | 400,000 | -26,100,000 | -500,000 | -4,800,000 | -8,400,000 | -41,600,000 | 20,200,000 | -17,200,000 | 5,400,000 | -58,900,000 | -45,700,000 | -11,300,000 | 9,900,000 | 5,000,000 | -4,600,000 | -3,600,000 | -23,600,000 | -8,200,000 | -39,100,000 | 50,800,000 | -24,900,000 | 3,600,000 | -68,600,000 | 40,200,000 | -1,300,000 | -10,900,000 | 100,000 | 2,500,000 | -4,600,000 | -18,800,000 | -17,600,000 | 400,000 | 4,500,000 | 9,400,000 | -100,000 | -5,200,000 | 0 | -3,300,000 | 0 | 200,000 | -35,500,000 | 30,100,000 | |||||||||||
cash flow used in financing activities | -430,200,000 | -201,500,000 | -316,900,000 | -188,000,000 | -413,800,000 | -302,300,000 | -234,300,000 | -258,800,000 | -148,300,000 | -116,900,000 | -623,800,000 | -162,900,000 | -227,300,000 | -388,900,000 | -172,800,000 | 16,500,000 | -201,100,000 | -440,900,000 | -233,900,000 | 4,800,000 | -188,600,000 | -37,700,000 | -300,500,000 | -163,800,000 | -226,700,000 | -243,700,000 | -245,900,000 | -282,700,000 | -313,100,000 | -59,200,000 | -293,900,000 | -206,500,000 | |||||||||||||||||||||||||
effect of foreign currency exchange rate changes on cash and cash equivalents | -2,500,000 | 8,900,000 | 4,100,000 | -9,900,000 | 7,200,000 | 100,000 | -1,600,000 | 7,100,000 | -6,300,000 | 3,500,000 | 2,600,000 | 14,700,000 | -17,300,000 | -13,800,000 | -6,200,000 | 1,000,000 | -5,700,000 | 1,300,000 | 2,600,000 | 7,400,000 | 4,900,000 | 1,000,000 | -11,200,000 | 11,600,000 | -4,200,000 | -2,700,000 | 4,000,000 | -5,100,000 | |||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 115,100,000 | -60,700,000 | 140,200,000 | 71,800,000 | -20,200,000 | -185,700,000 | 215,600,000 | -51,000,000 | 408,500,000 | -195,100,000 | -215,800,000 | 350,100,000 | 15,600,000 | -273,500,000 | 110,300,000 | 250,000,000 | 89,400,000 | 52,600,000 | 139,100,000 | 120,600,000 | 277,500,000 | -69,400,000 | 29,800,000 | 15,969,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 950,000,000 | 0 | 0 | 0 | 813,600,000 | 0 | 0 | 0 | 429,200,000 | 0 | 0 | 0 | 908,500,000 | 0 | 0 | 0 | 1,039,700,000 | 0 | 0 | 0 | 539,600,000 | 0 | 0 | 0 | 565,500,000 | 0 | 0 | 0 | 439,500,000 | 0 | 0 | 0 | 430,800,000 | 0 | 0 | 0 | 563,800,000 | 0 | 0 | 0 | 550,600,000 | 0 | 0 | 0 | 469,600,000 | 16,600,000 | 78,800,000 | -77,645,000 | 201,729,000 | -19,983,000 | 45,687,000 | -25,704,000 | 140,423,000 | 48,695,000 | |
effect of consolidation of affiliate sponsored investment products | 0 | 0 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 115,100,000 | -455,500,000 | 816,500,000 | -60,700,000 | 145,200,000 | 72,100,000 | 793,400,000 | -185,600,000 | 213,700,000 | -47,300,000 | 832,800,000 | -193,700,000 | 16,100,000 | 105,800,000 | 501,000,000 | -219,500,000 | 350,100,000 | 11,700,000 | 766,200,000 | 110,300,000 | 247,800,000 | 89,400,000 | 592,200,000 | 137,100,000 | 42,500,000 | 54,800,000 | 305,200,000 | 117,400,000 | 55,300,000 | 58,600,000 | 334,200,000 | 64,800,000 | 10,100,000 | 71,000,000 | 293,600,000 | 8,800,000 | 61,600,000 | 62,800,000 | 297,600,000 | 22,100,000 | 53,200,000 | 50,300,000 | 438,200,000 | -9,600,000 | 186,000,000 | -372,900,000 | 747,100,000 | -52,800,000 | 108,600,000 | 41,725,000 | 124,084,000 | -20,333,000 | 61,656,000 | 45,687,000 | 114,719,000 | -32,113,000 | |
shares received from affiliate transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for affiliate equity repurchases | 29,600,000 | -22,200,000 | 42,000,000 | 12,900,000 | 1,000,000 | -400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued upon vesting of restricted stock units and exercise of stock options | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock received for tax withholdings on share-based payments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock received for the exercise of stock options | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of junior subordinated notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of consolidated affiliate sponsored investment products | -400,000 | -3,700,000 | 2,100,000 | 200,000 | -8,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of fixed assets | -1,600,000 | -700,000 | -600,000 | -1,000,000 | -5,800,000 | -2,600,000 | -2,100,000 | -1,900,000 | -2,300,000 | -3,000,000 | -2,400,000 | -3,700,000 | -3,500,000 | -2,800,000 | -1,400,000 | -700,000 | -1,700,000 | -2,300,000 | -1,900,000 | -2,600,000 | -3,200,000 | -100,000 | -3,300,000 | -3,000,000 | -5,200,000 | -3,200,000 | -4,800,000 | -5,500,000 | -4,600,000 | -6,700,000 | -3,100,000 | -4,100,000 | -5,100,000 | -6,500,000 | -4,500,000 | -4,100,000 | -12,700,000 | -13,800,000 | -7,000,000 | -4,700,000 | -5,500,000 | -3,200,000 | -6,400,000 | -4,100,000 | -16,900,000 | -2,800,000 | |||||||||||
purchase of investment securities | -8,200,000 | -64,100,000 | -73,200,000 | -359,100,000 | -253,500,000 | -262,600,000 | -105,200,000 | -109,800,000 | -164,800,000 | -111,900,000 | -19,900,000 | -15,400,000 | -16,100,000 | -17,500,000 | -18,900,000 | -21,000,000 | -12,000,000 | -12,200,000 | -11,600,000 | -11,900,000 | -10,000,000 | -2,400,000 | -22,000,000 | -8,700,000 | -14,000,000 | -8,400,000 | -13,400,000 | -5,000,000 | -15,000,000 | -8,600,000 | -7,400,000 | -6,200,000 | -5,800,000 | -2,200,000 | -5,300,000 | -2,700,000 | -4,100,000 | -4,600,000 | -3,400,000 | -1,400,000 | -4,400,000 | -8,500,000 | -5,800,000 | -2,500,000 | -9,700,000 | 300,000 | |||||||||||
net decrease in cash and cash equivalents | -139,500,000 | 105,800,000 | -407,500,000 | 54,800,000 | -257,700,000 | 58,600,000 | -105,300,000 | 10,100,000 | 71,000,000 | -137,200,000 | 61,400,000 | 37,500,000 | -266,200,000 | 53,200,000 | 50,300,000 | -112,400,000 | 186,000,000 | ||||||||||||||||||||||||||||||||||||||||
affiliate transaction gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation and affiliate equity compensation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in affiliates, net of cash acquired . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from affiliate transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital from equity method investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subscriptions (redemptions) to consolidated affiliate sponsored investment products, net . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of consolidation (deconsolidation) of affiliates and affiliate sponsored investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares received for settlement of accelerated share repurchase agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for share repurchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eqt ordinary shares received from bpea transaction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments from bpea transaction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate transaction gain | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in payables, accrued liabilities, and other liabilities | 9,300,000 | 40,000,000 | -59,700,000 | -141,800,000 | -196,500,000 | -72,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from affiliate transaction | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of (deconsolidation) consolidation of affiliates and affiliate sponsored investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of senior bank debt and junior subordinated notes | 0 | 450,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of deconsolidation of affiliates and consolidation of affiliate sponsored investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity issuances | -33,000,000 | 7,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of deconsolidation of affiliates | 3,700,000 | -4,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | 68,000,000 | 47,400,000 | 77,500,000 | 9,000,000 | 112,700,000 | -7,900,000 | 78,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of senior bank debt | 0 | 0 | 0 | 25,000,000 | 375,000,000 | -95,000,000 | 136,000,000 | 520,000,000 | -124,000,000 | 99,000,000 | 107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayments of senior bank debt and junior convertible securities | 0 | 0 | 0 | -25,000,000 | 0 | -2,800,000 | -41,500,000 | -16,500,000 | -6,900,000 | -3,300,000 | -7,800,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | -78,700,000 | -103,200,000 | -150,800,000 | -173,100,000 | -116,800,000 | -106,200,000 | -90,200,000 | -80,000,000 | 0 | 0 | -16,500,000 | -16,900,000 | -34,100,000 | -64,800,000 | -117,000,000 | -197,800,000 | -139,100,000 | 0 | |||||||||||||||||||||||||||||||||||||||
subscriptions (redemptions) to consolidated affiliate sponsored investment products | -2,900,000 | -4,400,000 | -2,600,000 | -2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of deferred payments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for investments in affiliates and contingent payment obligations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for new operating leases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares received for settlement of accelerated share repurchase agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for share repurchases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for affiliate equity purchases | 55,200,000 | 9,300,000 | 7,505,000 | 335,000 | 1,131,000 | 185,000 | -2,709,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
eqt ordinary shares received from bpea transaction | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments from bpea transaction | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized losses on investment securities | -20,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow (used in) from investing activities | 186,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity | -19,900,000 | -2,700,000 | -25,400,000 | 6,300,000 | -3,000,000 | -29,800,000 | -15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
effect of deconsolidation of affiliates and affiliate sponsored investment products | -3,700,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of earnings received from equity method investments | 305,500,000 | 53,800,000 | 63,300,000 | 103,300,000 | 173,100,000 | 49,400,000 | 61,500,000 | 68,700,000 | 157,900,000 | 39,600,000 | 37,000,000 | 35,800,000 | 124,400,000 | 42,000,000 | 54,500,000 | 59,400,000 | 96,500,000 | 56,000,000 | 82,500,000 | 102,100,000 | 225,700,000 | 84,500,000 | |||||||||||||||||||||||||||||||||||
share-based compensation and affiliate equity expense | 25,300,000 | 32,900,000 | 24,200,000 | 25,800,000 | 30,900,000 | 35,800,000 | 32,900,000 | 23,100,000 | 34,900,000 | 36,500,000 | 25,200,000 | 32,700,000 | 24,800,000 | 27,500,000 | 20,900,000 | 22,500,000 | 19,500,000 | 23,900,000 | 27,700,000 | 19,400,000 | 30,100,000 | 21,800,000 | 20,400,000 | 22,200,000 | 26,000,000 | 14,800,000 | 32,400,000 | 18,000,000 | 15,200,000 | 18,000,000 | 17,600,000 | 49,800,000 | 17,300,000 | 31,500,000 | 21,100,000 | ||||||||||||||||||||||
equity method loss | -117,400,000 | -35,900,000 | -37,500,000 | -51,700,000 | -35,400,000 | -17,000,000 | -17,400,000 | 113,200,000 | 19,500,000 | -10,300,000 | -29,300,000 | 358,100,000 | |||||||||||||||||||||||||||||||||||||||||||||
bpea transaction gain | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the bpea transaction and return of capital from equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of investment securities | 243,500,000 | 20,300,000 | 6,900,000 | 9,500,000 | 30,400,000 | 9,900,000 | 6,700,000 | 9,400,000 | 10,100,000 | 3,400,000 | 2,400,000 | 31,100,000 | 39,800,000 | 8,100,000 | 8,100,000 | 16,900,000 | 21,900,000 | 16,200,000 | 3,900,000 | 6,600,000 | 28,800,000 | 19,200,000 | 20,800,000 | 31,300,000 | 23,800,000 | 13,500,000 | 20,800,000 | 7,200,000 | 2,400,000 | 4,300,000 | 16,400,000 | 1,800,000 | 3,400,000 | 6,600,000 | 6,100,000 | 1,200,000 | 10,400,000 | -2,500,000 | -4,628,000 | 4,629,000 | |||||||||||||||||
cash flow used in investing activities | 156,700,000 | -94,600,000 | -14,600,000 | -157,400,000 | -405,900,000 | -45,700,000 | -96,900,000 | -42,900,000 | -100,000 | -463,500,000 | -328,700,000 | 10,900,000 | -550,900,000 | -262,100,000 | -32,100,000 | -26,000,000 | -4,300,000 | -717,100,000 | -5,500,000 | -16,200,000 | -31,300,000 | ||||||||||||||||||||||||||||||||||||
subscriptions to consolidated affiliate sponsored investment products, net of redemptions | 6,500,000 | -400,000 | 2,500,000 | 4,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid (refunds received) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of deconsolidation of affiliate sponsored investment products | 0 | 0 | -2,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables, accrued liabilities and other liabilities | 19,900,000 | 24,500,000 | 72,300,000 | -34,500,000 | 168,800,000 | 61,400,000 | -50,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
divestments of affiliates and return of capital from equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in affiliates | -100,000 | -133,000,000 | -11,800,000 | -42,100,000 | 0 | -1,700,000 | -700,000 | 0 | -102,500,000 | -25,700,000 | -34,100,000 | 0 | 0 | -300,000 | 0 | -25,600,000 | -4,700,000 | -476,400,000 | -333,500,000 | -100,000 | -551,300,000 | -247,700,000 | -18,000,000 | -710,600,000 | -400,000 | -425,100,000 | -108,900,000 | 0 | |||||||||||||||||||||||||||||
decrease in payables, accrued liabilities and other liabilities | 72,500,000 | -59,800,000 | 132,700,000 | -209,600,000 | 18,100,000 | 60,100,000 | -172,900,000 | 25,400,000 | -128,000,000 | 117,900,000 | 46,400,000 | -180,400,000 | 8,200,000 | 27,900,000 | -164,100,000 | -183,400,000 | |||||||||||||||||||||||||||||||||||||||||
divestments of affiliates | 88,900,000 | 0 | 0 | 28,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of senior bank debt, senior notes and junior subordinated notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of senior bank debt | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for contingent payment arrangements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for investments in affiliates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued upon vesting of restricted stock units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets | -47,400,000 | -3,200,000 | -100,000 | -700,000 | -1,500,000 | -4,200,000 | -2,000,000 | -4,000,000 | 400,000 | -3,300,000 | -700,000 | -18,800,000 | -300,000 | -3,300,000 | |||||||||||||||||||||||||||||||||||||||||||
borrowings of senior bank debt and senior notes | 275,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity repurchases and issuances | -89,000,000 | -59,100,000 | -84,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -300,000 | -19,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from (used) in investing activities | -12,800,000 | 15,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of debt | 250,000,000 | 0 | 50,000,000 | 84,400,000 | 336,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of debt | 0 | -50,000,000 | -75,000,000 | -385,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity issuances and repurchases | -32,900,000 | -35,900,000 | -6,000,000 | -15,700,000 | -47,100,000 | -42,600,000 | -8,300,000 | -53,200,000 | -35,400,000 | -59,500,000 | -17,600,000 | -33,700,000 | 1,400,000 | -17,600,000 | -54,100,000 | -34,900,000 | -60,600,000 | -12,000,000 | -13,100,000 | -20,900,000 | -11,400,000 | -33,600,000 | 200,000 | -106,400,000 | -700,000 | ||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax provision | 20,800,000 | 12,400,000 | 5,300,000 | 13,400,000 | -203,900,000 | 24,300,000 | 20,700,000 | 35,300,000 | -10,500,000 | 19,400,000 | 22,900,000 | 27,500,000 | 17,700,000 | 17,300,000 | 25,600,000 | 34,100,000 | 13,200,000 | 18,700,000 | 15,800,000 | 15,100,000 | 32,500,000 | -20,900,000 | 59,000 | 8,496,000 | 24,044,000 | 1,056,000 | -663,000 | 6,906,000 | -291,000 | ||||||||||||||||||||||||||||
purchases of securities by affiliate sponsored consolidated products | -120,400,000 | -47,200,000 | -13,300,000 | -9,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of securities by affiliate sponsored consolidated products | 20,000,000 | 5,500,000 | 11,600,000 | 12,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 600,000 | 5,000,000 | 1,100,000 | 3,000,000 | 8,200,000 | 4,200,000 | 9,200,000 | 20,300,000 | 302,600,000 | 155,500,000 | 3,200,000 | 4,500,000 | 3,800,000 | 800,000 | 9,600,000 | 43,600,000 | 3,500,000 | 13,900,000 | 17,200,000 | 6,800,000 | 36,500,000 | 4,900,000 | -32,492,000 | 35,625,000 | 41,389,000 | 32,407,000 | |||||||||||||||||||||||||||||||
subscriptions to affiliate sponsored consolidated products, net of redemptions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from financing activities | -318,200,000 | -277,400,000 | 162,900,000 | 52,100,000 | -277,000,000 | 262,900,000 | -217,500,000 | 94,100,000 | -723,600,000 | 34,900,000 | 7,224,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash outflows upon the consolidation and deconsolidation of affiliate sponsored products | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of senior debt | 25,000,000 | 125,000,000 | 440,000,000 | 240,000,000 | 130,000,000 | 75,000,000 | 450,000,000 | 315,000,000 | 70,000,000 | 515,000,000 | 320,000,000 | 410,000,000 | 0 | 523,300,000 | 730,000,000 | 30,000,000 | 290,000,000 | 696,500,000 | |||||||||||||||||||||||||||||||||||||||
repayments of senior debt | -61,500,000 | -105,000,000 | -435,000,000 | -360,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash and cash equivalents | -9,400,000 | 6,700,000 | 4,200,000 | 4,000,000 | 4,200,000 | 1,800,000 | -7,500,000 | -4,000,000 | -11,400,000 | -4,300,000 | -5,200,000 | -6,500,000 | 8,400,000 | -9,700,000 | -6,900,000 | -6,500,000 | -3,900,000 | 6,100,000 | 362,000 | 282,000 | 421,000 | ||||||||||||||||||||||||||||||||||||
income from equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of trading securities by affiliate sponsored consolidated products | -10,000,000 | -7,700,000 | -7,300,000 | -9,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of trading securities by affiliate sponsored consolidated products | 6,700,000 | 8,200,000 | 7,900,000 | 7,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of senior debt, senior notes and convertible securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from share-based compensation | 1,000,000 | 1,000,000 | -600,000 | 1,400,000 | 800,000 | 7,800,000 | 34,500,000 | 2,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
settlement of forward equity sale agreement | 0 | 0 | 0 | 5,200,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued under incentive plans | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity method investments, net of amortization | -70,700,000 | -75,000,000 | -85,900,000 | -128,100,000 | -67,500,000 | -65,200,000 | -68,000,000 | -117,700,000 | -58,000,000 | -60,100,000 | -53,100,000 | -129,100,000 | -50,100,000 | -56,300,000 | -46,200,000 | -273,700,000 | 2,100,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of issuance costs | 1,000,000 | 1,200,000 | 1,100,000 | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | -1,100,000 | 20,000 | 758,000 | 2,130,000 | 4,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash inflows upon the consolidation and deconsolidation of affiliate sponsored products | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
imputed interest expense and contingent payment arrangements | 800,000 | 4,100,000 | 900,000 | 900,000 | -2,000,000 | -300,000 | 400,000 | -13,200,000 | -27,200,000 | 2,500,000 | 2,800,000 | 2,300,000 | 22,500,000 | ||||||||||||||||||||||||||||||||||||||||||||
repayments of senior debt and convertible securities | -160,000,000 | -455,000,000 | -340,000,000 | -235,000,000 | -95,000,000 | -225,000,000 | -475,000,000 | -60,000,000 | -496,000,000 | -125,000,000 | -80,000,000 | -390,000,000 | -425,600,000 | ||||||||||||||||||||||||||||||||||||||||||||
note and contingent payments | 1,800,000 | 2,000,000 | -100,000 | 800,000 | 2,200,000 | 4,100,000 | 7,000,000 | 3,500,000 | 5,900,000 | 2,300,000 | 1,700,000 | 5,300,000 | 5,100,000 | -40,900,000 | -1,400,000 | ||||||||||||||||||||||||||||||||||||||||||
settlement of 2006 junior convertible securities | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash assumed upon consolidation of affiliate sponsored investment products | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock received in settlement of liability | 0 | 0 | 500,000 | 3,100,000 | 0 | 0 | 700,000 | 44,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded under contingent payment arrangements | -18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued under other incentive plans | 9,500,000 | 127,200,000 | -300,000 | -1,700,000 | -61,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for forward equity sale settlements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based and affiliate equity compensation | 14,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow used in investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued in settlement of 2006 junior convertible trust preferred securities | 217,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
imputed interest and contingent payment arrangements | -4,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliate equity expense | -700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other adjustments | -9,200,000 | 1,153,000 | 7,094,000 | -55,000 | 1,109,000 | 380,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in investment advisory fees receivable | 23,466,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaids and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in unsettled fund shares receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in unsettled fund shares payable | 220,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued liabilities and other long-term liabilities | 30,000,000 | 23,319,000 | -10,836,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of senior convertible securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from exercise of stock options | 4,300,000 | -16,474,000 | 22,340,000 | 18,645,000 | 2,692,000 | -9,529,000 | 11,239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
notes received for affiliate equity sales | 16,431,000 | 10,052,000 | 1,858,000 | -835,000 | 985,000 | 2,553,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from exercise of stock options | -2,926,000 | 3,539,000 | 4,035,000 | 1,023,000 | -2,586,000 | 3,010,000 | 16,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase in investment advisory fees receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaids and other current assets | 791,000 | -496,000 | 433,000 | 2,491,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in unsettled fund shares receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of senior convertible securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | -21,000 | 7,943,000 | 20,539,000 | 0 | -15,000 | 6,854,000 | 788,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of interest | -1,000 | 708,000 | 1,771,000 | 2,000 | -9,000 | 596,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
stock option expense | -726,000 | 2,644,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in investment advisory fees receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in affiliate investments in partnerships | 6,658,000 | 2,173,000 | 5,816,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in prepaids and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in other assets | 2,928,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in accounts payable, accrued liabilities and other long-term liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in minority interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of investments in affiliates, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow used in financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of junior convertible trust preferred securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of call spread option agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of notes payable and other liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of minority interest—affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued for zero coupon senior convertible note conversions | 4,658,000 | 10,900,000 | -375,000 | -9,002,000 | 9,935,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow used in operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow used in operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable, accrued liabilities and other long-term liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in minority interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow used in operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of minority interest- affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in minority interest | 5,267,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs of investments in affiliates, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt assumed in new investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of convertible securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of convertible securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of senior debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of senior debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of notes payable and other liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from (used in) financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued to settle 2001 prides | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables recorded for affiliate equity purchases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain realized from settlement of forward purchase contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued in new investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed in new investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt assumed from new investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of minority interest – affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed from new investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of investment securities – affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of minority interest - affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash flow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 663,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment securities—affiliate investments in partnerships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of investment securities—affiliate investments in partnerships | 29,835,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from (used in) investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payable recorded to settle forward equity sale agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in non-current other receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued expenses and other liabilities | 7,567,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of senior debt securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued in settlement of indebtedness | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity method investment, net of amortization | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions received from equity method investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investment income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in non-current other receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from (used in) financing activities: |