BrightSphere Investment Group Inc(NYSE:BSIG) 
BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in...
Website: http://www.bsig.com
Full Time Employees: 54
Sector: Financial Services
Industry: Asset Management
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 |
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revenue: | ||||||||||||||||||||||||||||
management fees | 159,300,000 | 146,400,000 | 136,100,000 | 122,300,000 | 112,900,000 | 111,300,000 | 112,100,000 | 105,500,000 | 102,200,000 | 94,500,000 | 95,300,000 | 92,800,000 | 90,600,000 | 86,000,000 | 85,700,000 | 93,500,000 | 102,200,000 | 106,500,000 | 111,400,000 | 111,600,000 | 125,300,000 | 170,500,000 | 178,200,000 | 170,700,000 | 178,500,000 | 197,200,000 | 196,400,000 | 205,900,000 |
performance fees | 5,700,000 | 23,300,000 | 200,000 | 2,600,000 | 5,300,000 | 55,400,000 | 10,100,000 | 2,800,000 | 3,100,000 | 36,500,000 | 11,200,000 | 2,200,000 | 500,000 | 36,300,000 | 1,100,000 | 2,000,000 | 10,000,000 | 56,400,000 | 3,400,000 | 20,400,000 | 4,600,000 | 5,300,000 | 1,200,000 | 300,000 | 1,000,000 | 6,800,000 | -1,900,000 | -2,200,000 |
consolidated funds’ revenue | 2,000,000 | 2,500,000 | 7,900,000 | 2,500,000 | 1,700,000 | 1,100,000 | 900,000 | 700,000 | 400,000 | 200,000 | 800,000 | 1,300,000 | 700,000 | 900,000 | 1,400,000 | 1,700,000 | 1,500,000 | 1,700,000 | 1,900,000 | 1,900,000 | ||||||||
total revenue | 167,000,000 | 172,200,000 | 144,200,000 | 127,400,000 | 119,900,000 | 167,800,000 | 123,100,000 | 109,000,000 | 105,700,000 | 131,200,000 | 107,300,000 | 96,300,000 | 91,800,000 | 122,700,000 | 86,800,000 | 95,500,000 | 112,200,000 | 162,900,000 | 117,900,000 | 133,300,000 | 131,200,000 | 178,800,000 | 182,400,000 | 174,700,000 | 182,600,000 | 207,400,000 | 197,800,000 | 207,100,000 |
yoy | 39.28% | 2.62% | 17.14% | 16.88% | 13.43% | 27.90% | 14.73% | 13.19% | 15.14% | 6.93% | 23.62% | 0.84% | -18.18% | -24.68% | -26.38% | -28.36% | -14.48% | -8.89% | -35.36% | -23.70% | -28.15% | -13.79% | -7.79% | -15.64% | ||||
qoq | -3.02% | 19.42% | 13.19% | 6.26% | -28.55% | 36.31% | 12.94% | 3.12% | -19.44% | 22.27% | 11.42% | 4.90% | -25.18% | 41.36% | -9.11% | -14.88% | -31.12% | 38.17% | -11.55% | 1.60% | -26.62% | -1.97% | 4.41% | -4.33% | -11.96% | 4.85% | -4.49% | |
operating expenses: | ||||||||||||||||||||||||||||
compensation and benefits | 96,000,000 | 84,600,000 | 84,700,000 | 83,800,000 | 60,800,000 | 75,600,000 | 69,600,000 | 62,200,000 | 58,100,000 | 67,300,000 | 53,000,000 | 48,500,000 | 49,100,000 | 50,500,000 | 34,900,000 | 27,000,000 | 46,800,000 | 91,400,000 | 67,200,000 | 73,400,000 | 67,900,000 | 104,700,000 | 109,700,000 | 116,900,000 | 57,400,000 | 83,400,000 | 108,000,000 | 123,700,000 |
general and administrative expense | 24,900,000 | 24,400,000 | 23,500,000 | 21,800,000 | 22,300,000 | 22,300,000 | 21,800,000 | 21,100,000 | 20,000,000 | 23,600,000 | 18,800,000 | 21,800,000 | 18,400,000 | 20,200,000 | 17,500,000 | 16,500,000 | 16,900,000 | 17,600,000 | 16,500,000 | 18,000,000 | 20,600,000 | 28,400,000 | 25,400,000 | 24,500,000 | 27,700,000 | 33,500,000 | 31,700,000 | 31,100,000 |
depreciation and amortization | 3,600,000 | 4,100,000 | 4,100,000 | 4,200,000 | 4,200,000 | 4,400,000 | 4,500,000 | 5,000,000 | 4,600,000 | 4,600,000 | 4,500,000 | 4,400,000 | 3,800,000 | 3,700,000 | 4,200,000 | 5,300,000 | 5,300,000 | 5,400,000 | 5,400,000 | 5,800,000 | 5,600,000 | 5,400,000 | 5,200,000 | 5,100,000 | 5,300,000 | 5,000,000 | 4,400,000 | 4,000,000 |
consolidated funds’ expense | 600,000 | 1,700,000 | 5,300,000 | 1,400,000 | 700,000 | 500,000 | 200,000 | 100,000 | 100,000 | 100,000 | 800,000 | 1,200,000 | 700,000 | 100,000 | 100,000 | 100,000 | 200,000 | |||||||||||
total operating expenses | 125,100,000 | 114,800,000 | 117,600,000 | 111,200,000 | 88,000,000 | 102,800,000 | 96,100,000 | 88,400,000 | 82,800,000 | 95,600,000 | 77,100,000 | 75,900,000 | 72,000,000 | 74,800,000 | 56,700,000 | 48,800,000 | 69,000,000 | 114,400,000 | 89,200,000 | 97,200,000 | 94,100,000 | 140,200,000 | 141,900,000 | 148,500,000 | 108,500,000 | 123,600,000 | 145,900,000 | 160,500,000 |
operating income | 41,900,000 | 57,400,000 | 26,600,000 | 16,200,000 | 31,900,000 | 65,000,000 | 27,000,000 | 20,600,000 | 22,900,000 | 35,600,000 | 30,200,000 | 20,400,000 | 19,800,000 | 47,900,000 | 30,100,000 | 46,700,000 | 43,200,000 | 48,500,000 | 28,700,000 | 36,100,000 | 37,100,000 | 38,600,000 | 40,500,000 | 26,200,000 | 74,100,000 | 83,800,000 | 51,900,000 | 46,600,000 |
yoy | 31.35% | -11.69% | -1.48% | -21.36% | 39.30% | 82.58% | -10.60% | 0.98% | 15.66% | -25.68% | 0.33% | -56.32% | -54.17% | -1.24% | 4.88% | 29.36% | 16.44% | 25.65% | -29.14% | 37.79% | -49.93% | -53.94% | -21.97% | -43.78% | ||||
qoq | -27.00% | 115.79% | 64.20% | -49.22% | -50.92% | 140.74% | 31.07% | -10.04% | -35.67% | 17.88% | 48.04% | 3.03% | -58.66% | 59.14% | -35.55% | 8.10% | -10.93% | 68.99% | -20.50% | -2.70% | -3.89% | -4.69% | 54.58% | -64.64% | -11.58% | 61.46% | 11.37% | |
operating margin % | 25.09% | 33.33% | 18.45% | 12.72% | 26.61% | 38.74% | 21.93% | 18.90% | 21.67% | 27.13% | 28.15% | 21.18% | 21.57% | 39.04% | 34.68% | 48.90% | 38.50% | 29.77% | 24.34% | 27.08% | 28.28% | 21.59% | 22.20% | 15.00% | 40.58% | 40.41% | 26.24% | 22.50% |
non-operating income and | ||||||||||||||||||||||||||||
investment income | 100,000 | -200,000 | -200,000 | 300,000 | -300,000 | 1,500,000 | 100,000 | 900,000 | -300,000 | -300,000 | 200,000 | 300,000 | 1,400,000 | -400,000 | -700,000 | -100,000 | 700,000 | 300,000 | 4,700,000 | 2,600,000 | 8,100,000 | 3,900,000 | 6,600,000 | -13,700,000 | 5,400,000 | 2,300,000 | 2,100,000 | |
interest income | 900,000 | 900,000 | 900,000 | 800,000 | 1,100,000 | 700,000 | 600,000 | 900,000 | 1,300,000 | 1,800,000 | 1,700,000 | 1,500,000 | 1,100,000 | 500,000 | 200,000 | 100,000 | 100,000 | 100,000 | 100,000 | 200,000 | 300,000 | 400,000 | 400,000 | 300,000 | ||||
interest expense | -3,400,000 | -7,000,000 | -4,600,000 | -5,300,000 | -4,800,000 | -4,400,000 | -4,700,000 | -5,300,000 | -5,000,000 | -4,500,000 | -4,800,000 | -5,400,000 | -4,900,000 | -4,600,000 | -4,600,000 | -4,800,000 | -6,500,000 | -6,100,000 | -6,200,000 | -6,300,000 | -6,200,000 | -6,400,000 | -6,900,000 | -7,400,000 | -7,800,000 | -8,100,000 | -8,300,000 | -8,800,000 |
net consolidated funds’ investment gains | -1,900,000 | 3,400,000 | 11,500,000 | 12,100,000 | 3,600,000 | -2,600,000 | 4,000,000 | 800,000 | 1,700,000 | 2,300,000 | 700,000 | 300,000 | 800,000 | 9,400,000 | 2,100,000 | 35,600,000 | -17,200,000 | 7,100,000 | 4,700,000 | -4,500,000 | ||||||||
total non-operating income | -4,300,000 | -4,300,000 | 7,800,000 | 7,400,000 | 200,000 | -6,600,000 | 1,400,000 | -3,400,000 | -2,700,000 | -3,100,000 | -4,800,000 | -5,400,000 | -9,800,000 | 10,000,000 | 28,700,000 | -1,500,000 | -4,900,000 | 245,300,000 | 6,300,000 | 35,000,000 | -38,400,000 | 4,800,000 | -900,000 | -10,900,000 | ||||
income before income taxes | 37,600,000 | 53,100,000 | 34,400,000 | 23,600,000 | 32,100,000 | 16,825,000 | 28,400,000 | 17,100,000 | 21,800,000 | 15,400,000 | 27,500,000 | 17,000,000 | 17,100,000 | |||||||||||||||
income tax expense | 13,200,000 | 16,400,000 | 7,400,000 | 4,500,000 | 8,300,000 | 17,800,000 | 9,400,000 | 5,600,000 | 6,100,000 | 11,100,000 | 7,700,000 | 5,500,000 | 5,100,000 | 14,400,000 | 7,500,000 | 12,700,000 | 9,600,000 | 16,500,000 | 14,500,000 | 9,900,000 | 10,300,000 | 78,400,000 | 12,800,000 | 7,300,000 | 13,600,000 | 14,300,000 | -32,000,000 | 14,100,000 |
net income | 24,400,000 | 36,700,000 | 27,000,000 | 19,100,000 | 23,800,000 | 40,600,000 | 19,000,000 | 11,500,000 | 15,700,000 | 23,800,000 | 19,800,000 | 11,500,000 | 12,000,000 | 30,400,000 | 17,800,000 | 28,600,000 | 23,800,000 | 39,200,000 | 229,500,000 | 587,300,000 | 40,400,000 | 205,500,000 | 34,000,000 | 53,900,000 | 22,100,000 | 74,300,000 | 83,000,000 | 21,600,000 |
yoy | 2.52% | -9.61% | 42.11% | 66.09% | 51.59% | 70.59% | -4.04% | 0.00% | 30.83% | -21.71% | 11.24% | -59.79% | -49.58% | -22.45% | -92.24% | -95.13% | -41.09% | -80.92% | 575.00% | 989.61% | 82.81% | 176.58% | -59.04% | 149.54% | ||||
qoq | -33.51% | 35.93% | 41.36% | -19.75% | -41.38% | 113.68% | 65.22% | -26.75% | -34.03% | 20.20% | 72.17% | -4.17% | -60.53% | 70.79% | -37.76% | 20.17% | -39.29% | -82.92% | -60.92% | 1353.71% | -80.34% | 504.41% | -36.92% | 143.89% | -70.26% | -10.48% | 284.26% | |
net income margin % | 14.61% | 21.31% | 18.72% | 14.99% | 19.85% | 24.20% | 15.43% | 10.55% | 14.85% | 18.14% | 18.45% | 11.94% | 13.07% | 24.78% | 20.51% | 29.95% | 21.21% | 24.06% | 194.66% | 440.59% | 30.79% | 114.93% | 18.64% | 30.85% | 12.10% | 35.82% | 41.96% | 10.43% |
net income attributable to redeemable non-controlling interests in consolidated funds | 100,000 | 2,000,000 | 11,900,000 | 9,000,000 | 3,700,000 | |||||||||||||||||||||||
net income attributable to controlling interests | 24,300,000 | 34,700,000 | 15,100,000 | 10,100,000 | 20,100,000 | 42,500,000 | 16,900,000 | 11,000,000 | 14,600,000 | 22,800,000 | 19,600,000 | 11,400,000 | 12,000,000 | 30,400,000 | 17,800,000 | 28,600,000 | 23,800,000 | 39,200,000 | 229,500,000 | 532,700,000 | 27,000,000 | 198,000,000 | 37,200,000 | 18,900,000 | 32,600,000 | 67,800,000 | 75,400,000 | 28,000,000 |
earnings per share (basic) attributable to controlling interests | 0.68 | 0.96 | 0.42 | 0.28 | 0.54 | 1.13 | 0.46 | 0.29 | 0.37 | 0.55 | 0.47 | 0.27 | 0.29 | 0.73 | 0.43 | 0.69 | 0.54 | 0.8 | 2.88 | 6.71 | 0.34 | 2.45 | 0.46 | 0.23 | 0.38 | 0.77 | 0.84 | 0.31 |
earnings per share (diluted) attributable to controlling interests | 0.68 | 0.96 | 0.42 | 0.28 | 0.54 | 1.12 | 0.45 | 0.29 | 0.37 | 0.54 | 0.46 | 0.27 | 0.28 | 0.71 | 0.42 | 0.67 | 0.53 | 0.76 | 2.76 | 6.42 | 0.33 | 2.41 | 0.46 | 0.23 | 0.38 | 0.77 | 0.84 | 0.31 |
weighted-average common stock outstanding | 35.7 | 36.2 | 35.8 | 35.9 | 37.4 | 37.1 | 37.5 | 39.1 | 41.5 | 41.5 | 41.4 | 41.4 | 41.4 | 44 | 79.6 | 79.4 | 79.3 | 80 | 80.4 | 85.1 | 90 | |||||||
weighted-average diluted common stock outstanding | 35.8 | 36.2 | 35.8 | 35.9 | 37.4 | 37.8 | 38.2 | 39.7 | 42.6 | 42.6 | 42.7 | 42.4 | 42.5 | 45.3 | 83.2 | 82.9 | 82.3 | 80.9 | 80.4 | 85.1 | 90 | |||||||
net income attributable to non-controlling interests in consolidated funds | -1,900,000 | 2,100,000 | 500,000 | 1,100,000 | 1,000,000 | 200,000 | 100,000 | 54,600,000 | 13,400,000 | 7,500,000 | -3,200,000 | 35,000,000 | -10,500,000 | 6,500,000 | 7,600,000 | -6,400,000 | ||||||||||||
total non-operating loss | -3,500,000 | -1,100,000 | -2,200,000 | -2,700,000 | ||||||||||||||||||||||||
amortization of acquired intangibles | 100,000 | 100,000 | 1,600,000 | 1,600,000 | 1,900,000 | 1,600,000 | 1,700,000 | 1,600,000 | 1,700,000 | |||||||||||||||||||
loss on extinguishment of debt | -3,200,000 | |||||||||||||||||||||||||||
other revenue | 3,100,000 | 1,300,000 | 1,300,000 | 2,100,000 | 1,600,000 | 2,000,000 | 1,600,000 | 1,700,000 | 1,400,000 | 1,500,000 | ||||||||||||||||||
gain on sale of subsidiaries | 15,300,000 | 34,600,000 | ||||||||||||||||||||||||||
income from continuing operations before taxes | 44,800,000 | 25,300,000 | 41,300,000 | 33,400,000 | 58,500,000 | 57,400,000 | 34,600,000 | 32,200,000 | 283,900,000 | 46,800,000 | 61,200,000 | 35,700,000 | 88,600,000 | 51,000,000 | 35,700,000 | |||||||||||||
income from continuing operations | 30,400,000 | 17,800,000 | 28,600,000 | 23,800,000 | 42,000,000 | 42,900,000 | 24,700,000 | 21,900,000 | 205,500,000 | 34,000,000 | 53,900,000 | 22,100,000 | 74,300,000 | 83,000,000 | 21,600,000 | |||||||||||||
income from discontinued operations, net of tax | 800,000 | 1,200,000 | 53,400,000 | 18,500,000 | ||||||||||||||||||||||||
gain on disposal of discontinued operations, net of tax | -3,600,000 | 185,400,000 | 509,200,000 | |||||||||||||||||||||||||
continuing operations earnings per share (basic) attributable to controlling interests | 0.73 | 0.43 | 0.69 | 0.54 | 0.58 | 0.54 | 0.31 | 0.28 | 2.45 | 0.46 | 0.23 | 0.38 | 0.77 | 0.84 | 0.31 | |||||||||||||
continuing operations earnings per share (diluted) attributable to controlling interests | 0.71 | 0.42 | 0.67 | 0.53 | 0.55 | 0.52 | 0.29 | 0.27 | 2.41 | 0.46 | 0.23 | 0.38 | 0.77 | 0.84 | 0.31 | |||||||||||||
loss on sale of subsidiary | -1,300,000 | |||||||||||||||||||||||||||
impairment of goodwill | 16,400,000 | |||||||||||||||||||||||||||
gain on sale of affiliate | 1,800,000 | 7,200,000 | ||||||||||||||||||||||||||
weighted-average ordinary shares outstanding | 91.5 | |||||||||||||||||||||||||||
weighted-average diluted ordinary shares outstanding | 91.5 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||
cash and cash equivalents | 129,000,000 | 101,200,000 | 117,300,000 | 90,200,000 | 119,600,000 | 94,800,000 | 53,600,000 | 71,600,000 | 102,200,000 | 146,800,000 | 143,100,000 | 140,800,000 | 154,100,000 | 108,400,000 | 101,400,000 | 92,200,000 | 88,800,000 | 252,100,000 | 1,422,500,000 | 1,175,400,000 | 450,500,000 | 401,900,000 | 129,800,000 | 115,800,000 | 124,400,000 | 111,300,000 | 116,500,000 | 95,900,000 |
investment advisory fees receivable | 190,000,000 | 178,500,000 | 139,000,000 | 124,200,000 | 132,000,000 | 164,700,000 | 119,200,000 | 112,300,000 | 119,000,000 | 143,400,000 | 103,800,000 | 89,800,000 | 99,900,000 | 122,500,000 | 91,100,000 | 98,900,000 | 114,300,000 | 167,100,000 | 112,900,000 | 110,900,000 | 120,700,000 | 112,800,000 | 101,100,000 | 126,200,000 | 134,800,000 | 151,900,000 | 146,800,000 | 156,600,000 |
income taxes receivable | 100,000 | 2,900,000 | 13,700,000 | 6,700,000 | 3,000,000 | 5,300,000 | 7,900,000 | 2,700,000 | 5,900,000 | 6,200,000 | 2,000,000 | 16,100,000 | 15,000,000 | 6,400,000 | 4,900,000 | 900,000 | 9,300,000 | 24,700,000 | 28,600,000 | 36,300,000 | 26,200,000 | 12,500,000 | 11,300,000 | |||||
fixed assets | 31,200,000 | 31,000,000 | 31,400,000 | 32,800,000 | 33,900,000 | 35,700,000 | 37,500,000 | 39,500,000 | 42,000,000 | 44,200,000 | 45,600,000 | 47,400,000 | 48,400,000 | 47,700,000 | 47,900,000 | 47,800,000 | 48,900,000 | 50,200,000 | 51,600,000 | 53,200,000 | 62,600,000 | 71,600,000 | 71,800,000 | 70,900,000 | 66,600,000 | 65,800,000 | 63,500,000 | 58,300,000 |
right of use assets | 46,000,000 | 47,600,000 | 48,200,000 | 49,500,000 | 50,900,000 | 52,500,000 | 52,700,000 | 54,200,000 | 55,600,000 | 57,200,000 | 58,600,000 | 60,300,000 | 61,300,000 | 59,900,000 | 61,200,000 | 63,100,000 | 63,300,000 | 65,100,000 | 65,500,000 | 67,400,000 | 80,100,000 | 90,700,000 | 93,700,000 | 108,700,000 | 105,300,000 | |||
investments | 50,800,000 | 51,200,000 | 40,800,000 | 55,200,000 | 52,900,000 | 67,900,000 | 68,500,000 | 67,900,000 | 67,000,000 | 64,700,000 | 62,300,000 | 47,400,000 | 49,900,000 | 48,400,000 | 45,900,000 | 49,100,000 | 53,400,000 | 54,500,000 | 54,800,000 | 62,000,000 | 114,600,000 | 115,100,000 | 116,500,000 | 145,100,000 | 161,000,000 | 186,300,000 | 199,500,000 | 206,100,000 |
goodwill | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 20,300,000 | 34,000,000 | 182,100,000 | 182,100,000 | 258,200,000 | 258,200,000 | 274,600,000 | 274,600,000 | 274,600,000 |
other assets | 29,000,000 | 28,300,000 | 28,300,000 | 29,900,000 | 26,500,000 | 26,700,000 | 27,700,000 | 29,200,000 | 27,200,000 | 27,200,000 | 27,500,000 | 27,200,000 | 27,300,000 | 27,700,000 | 28,100,000 | 27,300,000 | 27,800,000 | 28,200,000 | 30,800,000 | 31,700,000 | 31,400,000 | 50,600,000 | 56,500,000 | 60,700,000 | 57,900,000 | 89,700,000 | 92,900,000 | 98,000,000 |
deferred tax assets | 81,800,000 | 77,500,000 | 74,500,000 | 82,700,000 | 77,000,000 | 78,300,000 | 77,800,000 | 74,900,000 | 72,200,000 | 69,700,000 | 69,300,000 | 67,200,000 | 65,900,000 | 64,700,000 | 62,700,000 | 64,600,000 | 70,900,000 | 72,400,000 | 73,300,000 | 89,100,000 | 167,800,000 | 170,800,000 | 212,700,000 | 219,400,000 | 220,600,000 | 243,600,000 | 261,700,000 | 263,500,000 |
assets of consolidated funds: | ||||||||||||||||||||||||||||
cash and cash equivalents, restricted | 21,000,000 | 23,200,000 | 21,400,000 | 3,700,000 | 3,600,000 | 3,700,000 | 17,700,000 | 1,800,000 | 800,000 | 800,000 | 12,100,000 | 12,600,000 | 12,800,000 | 600,000 | 1,100,000 | 9,500,000 | 6,800,000 | 9,700,000 | 8,200,000 | 7,400,000 | ||||||||
total assets | 715,400,000 | 677,000,000 | 751,400,000 | 672,300,000 | 677,300,000 | 703,200,000 | 555,200,000 | 533,100,000 | 544,900,000 | 611,400,000 | 553,000,000 | 558,300,000 | 546,000,000 | 518,700,000 | 474,700,000 | 478,300,000 | 494,100,000 | 714,800,000 | 1,847,500,000 | 1,748,500,000 | 1,436,900,000 | 1,379,200,000 | 1,417,200,000 | 1,422,800,000 | 1,423,500,000 | 1,419,700,000 | 1,432,300,000 | 1,425,100,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||
accounts payable and accrued expenses | 32,700,000 | 37,600,000 | 34,000,000 | 31,800,000 | 26,300,000 | 37,900,000 | 35,500,000 | 29,300,000 | 21,600,000 | 39,100,000 | 24,100,000 | 27,000,000 | 20,400,000 | 31,000,000 | 22,900,000 | 24,400,000 | 21,000,000 | 35,200,000 | 24,500,000 | 25,700,000 | 23,000,000 | 33,500,000 | 27,200,000 | 33,800,000 | 24,900,000 | 41,500,000 | 37,600,000 | 38,700,000 |
accrued incentive compensation | 47,400,000 | 129,900,000 | 96,200,000 | 66,000,000 | 34,600,000 | 119,600,000 | 84,000,000 | 54,800,000 | 30,200,000 | 101,300,000 | 71,800,000 | 45,000,000 | 24,000,000 | 92,500,000 | 64,600,000 | 47,100,000 | 28,900,000 | 117,400,000 | 71,100,000 | 47,900,000 | 34,600,000 | 120,800,000 | 120,700,000 | 94,500,000 | 63,900,000 | 137,800,000 | 130,100,000 | 98,400,000 |
other compensation liabilities | 142,500,000 | 128,900,000 | 115,500,000 | 99,700,000 | 76,200,000 | 92,500,000 | 87,600,000 | 81,200,000 | 72,700,000 | 67,500,000 | 60,000,000 | 62,200,000 | 60,100,000 | 59,300,000 | 60,700,000 | 74,400,000 | 94,700,000 | 103,700,000 | 89,500,000 | 81,900,000 | 145,100,000 | 328,000,000 | 313,500,000 | 367,500,000 | 356,400,000 | 404,900,000 | 432,400,000 | 432,500,000 |
accrued income taxes | 17,000,000 | 4,100,000 | 2,400,000 | 2,500,000 | 6,200,000 | 3,300,000 | 2,100,000 | 1,900,000 | 7,200,000 | 2,600,000 | 1,300,000 | 1,200,000 | 8,300,000 | 4,600,000 | 2,700,000 | 2,800,000 | 8,800,000 | 1,100,000 | 70,600,000 | 79,600,000 | 4,200,000 | 4,100,000 | 13,000,000 | 13,000,000 | 12,900,000 | 12,800,000 | 12,600,000 | 55,600,000 |
operating lease liabilities | 59,500,000 | 61,400,000 | 62,300,000 | 63,800,000 | 65,500,000 | 67,300,000 | 67,600,000 | 69,100,000 | 70,600,000 | 72,400,000 | 73,900,000 | 75,800,000 | 77,000,000 | 75,800,000 | 75,300,000 | 76,100,000 | 76,100,000 | 77,600,000 | 77,900,000 | 79,700,000 | 96,900,000 | 107,900,000 | 110,000,000 | 124,900,000 | 119,300,000 | |||
revolving credit facility | 85,000,000 | 20,000,000 | 80,000,000 | 36,000,000 | 73,000,000 | 13,000,000 | 38,000,000 | 87,000,000 | 29,000,000 | 50,000,000 | 88,000,000 | 33,000,000 | 53,900,000 | |||||||||||||||
third party borrowings | 200,000,000 | 200,000,000 | 274,600,000 | 274,500,000 | 274,400,000 | 274,300,000 | 274,200,000 | 274,100,000 | 274,000,000 | 273,900,000 | 273,800,000 | 273,700,000 | 273,600,000 | 273,500,000 | 273,400,000 | 273,300,000 | 273,200,000 | 394,900,000 | 394,800,000 | 394,600,000 | 475,500,000 | 394,300,000 | 474,200,000 | 524,000,000 | 613,900,000 | 533,800,000 | 568,600,000 | 603,500,000 |
liabilities of consolidated funds: | ||||||||||||||||||||||||||||
other liabilities | 2,300,000 | 1,500,000 | 6,300,000 | 300,000 | 500,000 | 500,000 | 700,000 | 500,000 | 800,000 | 800,000 | 800,000 | 800,000 | 1,100,000 | 1,200,000 | 1,200,000 | 1,300,000 | 2,500,000 | 200,000 | 200,000 | 1,300,000 | 2,800,000 | 3,300,000 | 3,300,000 | 3,100,000 | 45,600,000 | 48,700,000 | 52,000,000 | |
securities sold short | 7,800,000 | 7,800,000 | 26,000,000 | 25,700,000 | 20,300,000 | 20,400,000 | 5,700,000 | 4,400,000 | 4,200,000 | |||||||||||||||||||
total liabilities | 616,000,000 | 593,000,000 | 640,100,000 | 585,400,000 | 584,800,000 | 616,100,000 | 559,000,000 | 551,900,000 | 555,100,000 | 561,900,000 | 521,800,000 | 552,300,000 | 554,300,000 | 540,300,000 | 529,800,000 | 549,300,000 | 592,000,000 | 732,400,000 | 763,500,000 | 884,600,000 | 1,006,900,000 | 994,800,000 | 1,145,800,000 | 1,190,300,000 | 1,229,700,000 | 1,221,300,000 | 1,279,600,000 | 1,321,500,000 |
commitments and contingencies | ||||||||||||||||||||||||||||
redeemable non-controlling interests in consolidated funds | 21,900,000 | 23,400,000 | 90,900,000 | 77,700,000 | 70,800,000 | 67,100,000 | 14,100,000 | 12,000,000 | 11,500,000 | 9,300,000 | 8,300,000 | 2,300,000 | 400,000 | 85,600,000 | 79,900,000 | 74,500,000 | 83,900,000 | 81,900,000 | 81,800,000 | |||||||||
equity: | ||||||||||||||||||||||||||||
common stock | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |||||||||||||||||||
additional paid-in capital | 1,000,000 | 1,800,000 | 1,500,000 | 1,400,000 | 1,500,000 | 900,000 | 500,000 | 485,000,000 | 493,400,000 | 492,800,000 | 492,400,000 | 501,200,000 | 500,600,000 | 516,200,000 | 534,300,000 | 560,400,000 | ||||||||||||
retained earnings | 74,200,000 | 56,200,000 | 21,900,000 | 11,300,000 | 24,900,000 | 24,400,000 | -14,000,000 | -25,400,000 | -15,500,000 | 46,900,000 | 29,200,000 | 10,100,000 | 610,400,000 | 381,600,000 | ||||||||||||||
accumulated other comprehensive income | 3,300,000 | 3,400,000 | ||||||||||||||||||||||||||
total equity and redeemable non-controlling interests in consolidated funds | 99,400,000 | 84,000,000 | 111,300,000 | 86,900,000 | 92,500,000 | 87,100,000 | 49,500,000 | 384,400,000 | 271,400,000 | 232,500,000 | 193,800,000 | 198,400,000 | 152,700,000 | 103,600,000 | ||||||||||||||
total liabilities and equity | 715,400,000 | 677,000,000 | 751,400,000 | 672,300,000 | 677,300,000 | 703,200,000 | 555,200,000 | 533,100,000 | 544,900,000 | 611,400,000 | 553,000,000 | 558,300,000 | 546,000,000 | 518,700,000 | 474,700,000 | 478,300,000 | 494,100,000 | 714,800,000 | 1,847,500,000 | 1,748,500,000 | 1,436,900,000 | 1,379,200,000 | 1,417,200,000 | 1,422,800,000 | 1,423,500,000 | 1,419,700,000 | 1,432,300,000 | 1,425,100,000 |
accumulated other comprehensive loss | -1,500,000 | -2,100,000 | -3,200,000 | -4,400,000 | -3,900,000 | -5,400,000 | -6,200,000 | -6,700,000 | -8,100,000 | -7,900,000 | -9,300,000 | -10,600,000 | -13,600,000 | -11,700,000 | -9,900,000 | -10,800,000 | -11,500,000 | -11,200,000 | -11,900,000 | -13,600,000 | -16,200,000 | -18,200,000 | -19,100,000 | -17,500,000 | -20,000,000 | -19,800,000 | ||
derivative liabilities | 100,000 | 100,000 | 100,000 | |||||||||||||||||||||||||
total equity (deficit) and redeemable non-controlling interests in consolidated funds | -3,800,000 | -18,800,000 | -10,200,000 | 31,200,000 | 6,000,000 | |||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||
derivative liabilities at fair value | 100,000 | 2,400,000 | 2,600,000 | 2,200,000 | ||||||||||||||||||||||||
securities sold short at fair value | 4,000,000 | |||||||||||||||||||||||||||
securities sold, not yet purchased, at fair value | 3,000,000 | 1,300,000 | 1,200,000 | 3,100,000 | 900,000 | 1,600,000 | 1,600,000 | |||||||||||||||||||||
retained deficit | -800,000 | -12,500,000 | -42,400,000 | -59,800,000 | -88,000,000 | -6,800,000 | -150,300,000 | -176,500,000 | -373,700,000 | -410,100,000 | -428,300,000 | -452,500,000 | -511,700,000 | |||||||||||||||
total equity | -8,300,000 | -55,100,000 | -71,000,000 | -97,900,000 | ||||||||||||||||||||||||
non-controlling interests in consolidated funds | 93,700,000 | 80,300,000 | 73,000,000 | 78,800,000 | 49,100,000 | 48,800,000 | 40,100,000 | 32,700,000 | ||||||||||||||||||||
total equity and non-controlling interests in consolidated funds | -21,600,000 | -17,600,000 | 430,000,000 | |||||||||||||||||||||||||
debt: | ||||||||||||||||||||||||||||
restricted cash | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | ||||||||||||||||||||||||
assets held for sale | 14,100,000 | 136,700,000 | ||||||||||||||||||||||||||
consolidated funds’ assets held for sale | 130,900,000 | 114,300,000 | ||||||||||||||||||||||||||
liabilities held for sale | 119,200,000 | |||||||||||||||||||||||||||
non-controlling interests | 5,600,000 | 1,700,000 | 1,400,000 | 1,400,000 | 1,300,000 | 1,300,000 | 1,900,000 | 1,800,000 | ||||||||||||||||||||
acquired intangibles | 100,000 | 200,000 | 200,000 | 58,400,000 | 60,000,000 | 61,600,000 | 63,500,000 | 65,100,000 | 66,800,000 | 68,400,000 | ||||||||||||||||||
due to om plc | 1,900,000 | 1,900,000 | 2,000,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,700,000 | 3,700,000 | 5,200,000 | |||||||||||||||||||
total equity and non-controlling interests | 1,084,000,000 | 863,900,000 | ||||||||||||||||||||||||||
assets held for sale: | ||||||||||||||||||||||||||||
affiliate assets held for sale | 241,600,000 | 151,000,000 | ||||||||||||||||||||||||||
assets of consolidated funds held for sale: | ||||||||||||||||||||||||||||
liabilities held for sale: | ||||||||||||||||||||||||||||
affiliate liabilities held for sale | 224,300,000 | 80,400,000 | ||||||||||||||||||||||||||
non-recourse borrowings | 21,700,000 | 21,700,000 | 35,000,000 | 35,000,000 | 25,000,000 | |||||||||||||||||||||||
consolidated funds’ liabilities held for sale | 100,000 | |||||||||||||||||||||||||||
amounts due to om plc | 3,700,000 | |||||||||||||||||||||||||||
ordinary shares | 100,000 | |||||||||||||||||||||||||||
shareholders’ equity | 7,000,000 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||
net income | 36,700,000 | 27,000,000 | 19,100,000 | 23,800,000 | 40,600,000 | 19,000,000 | 11,500,000 | 15,700,000 | 23,800,000 | 19,800,000 | 11,500,000 | 12,000,000 | 30,400,000 | 17,800,000 | 28,600,000 | 23,800,000 | 39,200,000 | 229,500,000 | 587,300,000 | 40,400,000 | 34,000,000 | 53,900,000 | 22,100,000 | 74,300,000 | 83,000,000 | |
less: net income attributable to redeemable non-controlling interests in consolidated funds | -2,000,000 | -11,900,000 | -9,000,000 | -3,700,000 | ||||||||||||||||||||||
adjustments to reconcile net income to net cash flows from operating activities: | ||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 0 | 3,200,000 | ||||||||||||||||||||||
depreciation and amortization | 4,100,000 | 4,100,000 | 4,200,000 | 4,200,000 | ||||||||||||||||||||||
amortization of debt-related costs | 3,700,000 | 1,200,000 | 1,200,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 | 1,100,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 900,000 | 2,700,000 | 1,200,000 | 1,200,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 | 1,100,000 | 1,100,000 | 900,000 | |
amortization and revaluation of non-cash compensation awards | 13,700,000 | 18,100,000 | 21,200,000 | 800,000 | 5,400,000 | 11,000,000 | 7,900,000 | 6,200,000 | 5,100,000 | 300,000 | 800,000 | 1,200,000 | -2,900,000 | -6,900,000 | -16,300,000 | -4,200,000 | 15,300,000 | 10,500,000 | 8,000,000 | 5,300,000 | 10,200,000 | 16,400,000 | -44,000,000 | -19,700,000 | 5,100,000 | |
deferred income taxes | -1,600,000 | 8,000,000 | -6,000,000 | 1,100,000 | -1,500,000 | -3,100,000 | -2,900,000 | -2,700,000 | -700,000 | -2,300,000 | -2,000,000 | -1,000,000 | -2,200,000 | 1,600,000 | 6,200,000 | 800,000 | -4,800,000 | 7,400,000 | -6,400,000 | 2,300,000 | 6,400,000 | 900,000 | 22,800,000 | 18,200,000 | 1,900,000 | |
(gains) on other investments | -2,700,000 | -4,000,000 | -6,600,000 | -100,000 | -6,100,000 | -1,900,000 | -4,400,000 | |||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||
(increase) in investment advisory fees receivable | ||||||||||||||||||||||||||
decrease in other receivables, prepayments, deposits and other assets | 3,600,000 | -9,800,000 | 2,600,000 | 1,300,000 | 800,000 | -2,100,000 | 400,000 | -1,200,000 | 10,900,000 | -15,600,000 | ||||||||||||||||
increase in accrued incentive compensation, operating lease liabilities and other liabilities | ||||||||||||||||||||||||||
increase in accounts payable, accrued expenses and accrued income taxes | 4,000,000 | -44,000,000 | ||||||||||||||||||||||||
net cash flows from operating activities, excluding consolidated funds | 66,300,000 | 52,800,000 | 59,400,000 | -48,700,000 | 49,800,000 | 53,700,000 | 44,700,000 | -39,300,000 | 28,500,000 | |||||||||||||||||
net income attributable to redeemable non-controlling interests in consolidated funds | 2,000,000 | 11,900,000 | 9,000,000 | 3,700,000 | -1,900,000 | 2,100,000 | 500,000 | 1,100,000 | 200,000 | |||||||||||||||||
adjustments to reconcile net income attributable to redeemable non-controlling interests of consolidated funds to net cash flows from operating activities of consolidated funds: | ||||||||||||||||||||||||||
losses on other investments | -1,700,000 | -1,600,000 | -1,200,000 | -1,100,000 | -1,900,000 | 1,700,000 | 2,400,000 | 1,200,000 | -2,200,000 | -3,800,000 | 1,500,000 | -4,300,000 | -5,600,000 | -11,700,000 | ||||||||||||
purchase of investments | -49,800,000 | -457,700,000 | -63,700,000 | -71,700,000 | -121,100,000 | -9,000,000 | -18,200,000 | -18,800,000 | -9,900,000 | -7,600,000 | -2,100,000 | -100,000 | -52,100,000 | -21,000,000 | -25,100,000 | -25,800,000 | -34,700,000 | |||||||||
sale of investments | 49,400,000 | 258,800,000 | 66,300,000 | 73,400,000 | 52,000,000 | 24,800,000 | 18,500,000 | 17,000,000 | 10,900,000 | 300,000 | 2,000,000 | 400,000 | 21,200,000 | 23,500,000 | 22,000,000 | 27,000,000 | 34,800,000 | |||||||||
decrease in receivables and other assets | 113,400,000 | 8,300,000 | -300,000 | 24,600,000 | -26,800,000 | -1,000,000 | 2,700,000 | |||||||||||||||||||
increase in accounts payable and other liabilities | -171,500,000 | 111,400,000 | 200,000 | 500,000 | -1,200,000 | 1,400,000 | -600,000 | 800,000 | 24,500,000 | 100,000 | 1,600,000 | -3,900,000 | 200,000 | |||||||||||||
net cash flows from operating activities of consolidated funds | -57,600,000 | -76,700,000 | 2,200,000 | -100,000 | -68,900,000 | 15,900,000 | 1,000,000 | -1,100,000 | -7,300,000 | -2,300,000 | -600,000 | |||||||||||||||
net cash flows from operating activities | 61,600,000 | -48,800,000 | -19,100,000 | 69,600,000 | 45,700,000 | -40,400,000 | 21,200,000 | 38,700,000 | -34,300,000 | |||||||||||||||||
cash flows from investing activities: | ||||||||||||||||||||||||||
additions of fixed assets | -3,700,000 | -2,800,000 | -2,900,000 | -2,500,000 | -2,500,000 | -2,400,000 | -2,600,000 | -2,400,000 | -3,100,000 | -2,800,000 | -3,400,000 | -4,500,000 | -4,700,000 | -6,800,000 | -9,400,000 | -6,300,000 | -9,600,000 | |||||||||
purchase of investment securities | -100,000 | -15,200,000 | -100,000 | -2,500,000 | -200,000 | -30,100,000 | -15,100,000 | -2,300,000 | -17,300,000 | -300,000 | -5,600,000 | -2,600,000 | -200,000 | -200,000 | -300,000 | -4,800,000 | -200,000 | 200,000 | 200,000 | -2,700,000 | -5,300,000 | -3,400,000 | -5,700,000 | -4,800,000 | -8,500,000 | -5,600,000 |
sale of investment securities | 400,000 | 17,600,000 | 300,000 | 16,800,000 | 900,000 | 3,000,000 | 300,000 | 3,300,000 | 200,000 | 2,600,000 | 3,900,000 | 1,500,000 | -100,000 | 1,800,000 | 2,100,000 | 4,800,000 | 16,700,000 | 17,600,000 | 1,200,000 | 7,200,000 | 46,900,000 | 26,600,000 | 24,100,000 | 12,200,000 | 33,000,000 | 17,400,000 |
cash flows from investing activities of consolidated funds: | ||||||||||||||||||||||||||
net consolidation (deconsolidation) of funds | ||||||||||||||||||||||||||
net cash flows from investing activities | 56,800,000 | -50,200,000 | -2,700,000 | 11,800,000 | -1,800,000 | -29,500,000 | -17,400,000 | -1,400,000 | -13,000,000 | -5,100,000 | -5,600,000 | |||||||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||
proceeds from third party borrowings and revolving credit facility | ||||||||||||||||||||||||||
repayment of third party borrowings and revolving credit facility | -26,500,000 | -25,000,000 | -49,000,000 | -13,000,000 | -48,000,000 | -88,000,000 | -162,000,000 | |||||||||||||||||||
payment of debt issuance costs | ||||||||||||||||||||||||||
proceeds from stock issuance | 2,500,000 | |||||||||||||||||||||||||
payment to om plc for co-investment redemptions | 0 | 0 | 0 | -200,000 | 0 | 0 | 0 | -400,000 | 0 | 0 | 0 | -1,100,000 | 0 | -200,000 | 0 | -1,300,000 | 0 | 0 | 0 | 0 | ||||||
dividends paid to stockholders | -300,000 | -200,000 | -300,000 | -200,000 | -200,000 | -200,000 | -200,000 | -300,000 | -300,000 | -300,000 | -500,000 | -200,000 | -300,000 | -300,000 | -400,000 | -500,000 | -600,000 | -400,000 | -500,000 | -5,800,000 | ||||||
dividends paid to related parties | -100,000 | -100,000 | -100,000 | -200,000 | -100,000 | -200,000 | -200,000 | -100,000 | 0 | -200,000 | -100,000 | -300,000 | 0 | -100,000 | -200,000 | -100,000 | -100,000 | -300,000 | -300,000 | -300,000 | -400,000 | -300,000 | -300,000 | -2,700,000 | -2,900,000 | -3,800,000 |
repurchases of common stock | -1,800,000 | 0 | -20,600,000 | -74,300,000 | 0 | 0 | 0 | -103,200,000 | -10,700,000 | 0 | -18,200,000 | -17,100,000 | ||||||||||||||
withholding tax payments related to stock option exercise and restricted stock vesting | 0 | 0 | 0 | -200,000 | -4,200,000 | -5,400,000 | 0 | -1,800,000 | -1,700,000 | 0 | -400,000 | -300,000 | ||||||||||||||
cash flows from financing activities of consolidated funds: | ||||||||||||||||||||||||||
redeemable non-controlling interest capital raised | 500,000 | 147,900,000 | 54,900,000 | 0 | 0 | 1,100,000 | 0 | 7,700,000 | 1,800,000 | 400,000 | 21,600,000 | 130,000,000 | -200,000 | 1,400,000 | -100,000 | 200,000 | ||||||||||
redeemable non-controlling interest capital redeemed | -1,300,000 | 0 | -300,000 | 0 | -1,200,000 | |||||||||||||||||||||
net cash flows from financing activities | -88,500,000 | 61,600,000 | 48,600,000 | -42,400,000 | -58,000,000 | -2,600,000 | -17,800,000 | -48,000,000 | 85,900,000 | |||||||||||||||||
effect of foreign exchange rate changes on cash and cash equivalents | 100,000 | 0 | 300,000 | 100,000 | -500,000 | 200,000 | 100,000 | -200,000 | 300,000 | -200,000 | 0 | 100,000 | ||||||||||||||
net increase in cash and cash equivalents | -14,300,000 | 24,700,000 | 27,200,000 | -2,100,000 | -29,600,000 | -44,600,000 | 4,500,000 | -9,800,000 | -13,800,000 | 45,500,000 | 19,800,000 | 9,200,000 | 3,400,000 | -163,300,000 | -1,172,000,000 | 228,600,000 | 730,100,000 | 61,300,000 | 273,200,000 | 5,600,000 | -5,900,000 | 10,200,000 | -3,700,000 | 21,400,000 | ||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 98,500,000 | 0 | 0 | 0 | 147,600,000 | 0 | 0 | 0 | 121,200,000 | 0 | 0 | 0 | 252,100,000 | 0 | 0 | -20,000,000 | 392,900,000 | 0 | 0 | 0 | 121,000,000 | 0 | 0 |
cash and cash equivalents at end of period | -14,300,000 | 44,800,000 | -29,300,000 | 123,200,000 | 27,200,000 | -2,100,000 | -29,600,000 | 103,000,000 | 4,500,000 | -9,800,000 | -13,800,000 | 166,700,000 | 3,400,000 | 88,800,000 | -1,172,000,000 | 228,600,000 | 730,100,000 | 465,400,000 | 273,200,000 | 5,600,000 | -5,900,000 | 131,200,000 | -3,700,000 | 21,400,000 | ||
cash and cash equivalents | -16,100,000 | 27,100,000 | ||||||||||||||||||||||||
cash and cash equivalents of consolidated funds, restricted | 1,800,000 | 17,700,000 | ||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||
interest paid | 5,500,000 | 6,800,000 | 1,000,000 | 6,700,000 | 0 | 6,800,000 | 1,000,000 | 7,200,000 | 200,000 | 7,100,000 | 1,100,000 | 7,100,000 | 300,000 | 7,000,000 | 700,000 | 8,000,000 | 1,600,000 | 8,200,000 | 1,600,000 | 8,200,000 | 2,000,000 | 9,000,000 | 3,200,000 | 10,100,000 | 3,600,000 | 10,800,000 |
income taxes paid | 5,400,000 | 6,400,000 | 21,000,000 | 1,400,000 | 15,500,000 | 9,700,000 | 21,900,000 | 1,400,000 | 7,300,000 | 9,600,000 | 20,100,000 | 800,000 | 2,100,000 | 7,000,000 | 24,700,000 | 3,000,000 | 91,000,000 | 82,100,000 | 31,600,000 | 300,000 | 29,300,000 | 1,700,000 | 3,000,000 | 9,800,000 | ||
supplemental disclosure of non-cash investing and financing transactions: | ||||||||||||||||||||||||||
excise tax on repurchases of common stock | 200,000 | 100,000 | 700,000 | |||||||||||||||||||||||
payable for repurchases of common stock | 1,600,000 | |||||||||||||||||||||||||
decrease in investment advisory fees receivable | -14,800,000 | 7,800,000 | 32,700,000 | -45,500,000 | -6,900,000 | 6,700,000 | 24,400,000 | -39,600,000 | -14,000,000 | 10,100,000 | 22,600,000 | -31,300,000 | 7,700,000 | 15,500,000 | 52,700,000 | -54,200,000 | -1,900,000 | -23,700,000 | -8,100,000 | 400,000 | 8,700,000 | 17,100,000 | ||||
(increase) in other receivables, prepayments, deposits and other assets | -5,600,000 | |||||||||||||||||||||||||
(decrease) in accrued incentive compensation, operating lease liabilities and other liabilities | 28,600,000 | 33,900,000 | -101,600,000 | |||||||||||||||||||||||
(decrease) in accounts payable, accrued expenses and accrued income taxes | 2,100,000 | 3,900,000 | -10,600,000 | |||||||||||||||||||||||
total net cash flows from operating activities | 53,500,000 | 33,400,000 | 44,300,000 | -14,400,000 | -26,600,000 | -30,300,000 | 65,700,000 | -20,300,000 | -1,500,000 | 30,000,000 | 95,500,000 | -33,500,000 | 45,100,000 | 81,000,000 | ||||||||||||
cash flows from investing activities of consolidated funds | ||||||||||||||||||||||||||
net deconsolidation of funds | ||||||||||||||||||||||||||
acadian asset management inc.condensed consolidated statements of cash flows | ||||||||||||||||||||||||||
proceeds from revolving credit facility | 12,000,000 | 25,000,000 | 100,000,000 | 0 | 15,000,000 | 23,000,000 | 101,000,000 | 13,500,000 | 0 | 0 | 100,000,000 | 27,000,000 | 50,000,000 | 125,000,000 | ||||||||||||
repayment of revolving credit facility | -32,000,000 | -85,000,000 | -20,000,000 | -51,000,000 | -60,000,000 | -28,000,000 | ||||||||||||||||||||
payment for debt issuance costs | 0 | 0 | -900,000 | 0 | 0 | -400,000 | ||||||||||||||||||||
repurchase of common stock | -5,000,000 | -26,000,000 | -17,800,000 | |||||||||||||||||||||||
total net cash flows from financing activities | -29,000,000 | -21,300,000 | -38,500,000 | -144,900,000 | -1,172,400,000 | -29,300,000 | -56,700,000 | 78,800,000 | -68,400,000 | 57,800,000 | -109,200,000 | 42,400,000 | -66,600,000 | -61,100,000 | ||||||||||||
excise tax on repurchase of common stock | 100,000 | |||||||||||||||||||||||||
net decrease in cash and cash equivalents | ||||||||||||||||||||||||||
supplemental disclosure of non-cash financing transactions: | ||||||||||||||||||||||||||
(increase) in receivables and other assets | -3,300,000 | |||||||||||||||||||||||||
amortization of acquired intangibles | 0 | 0 | 1,600,000 | 1,900,000 | 1,600,000 | 1,700,000 | 1,600,000 | |||||||||||||||||||
deconsolidation of funds | ||||||||||||||||||||||||||
less: net loss attributable to redeemable non-controlling interests in consolidated funds | -2,100,000 | -500,000 | -1,100,000 | -200,000 | ||||||||||||||||||||||
depreciation and other amortization | 4,500,000 | 5,000,000 | 4,600,000 | 4,500,000 | 4,400,000 | 3,800,000 | 4,200,000 | 5,300,000 | 5,300,000 | 5,400,000 | 5,700,000 | 5,600,000 | 5,200,000 | 5,100,000 | 5,300,000 | 4,400,000 | ||||||||||
increase in other receivables, prepayments, deposits and other assets | 10,400,000 | 5,200,000 | -18,200,000 | |||||||||||||||||||||||
decrease in accrued incentive compensation, operating lease liabilities and other liabilities | 24,700,000 | 25,500,000 | -72,100,000 | 24,400,000 | 22,500,000 | -68,800,000 | 12,200,000 | 14,900,000 | -92,200,000 | 36,700,000 | -58,300,000 | 34,400,000 | 30,000,000 | -70,300,000 | ||||||||||||
decrease in accounts payable, accrued expenses and accrued income taxes | 6,400,000 | 2,100,000 | -13,600,000 | 1,300,000 | -6,700,000 | -4,800,000 | -2,800,000 | -11,100,000 | -8,100,000 | -10,500,000 | -10,100,000 | -2,000,000 | 9,000,000 | -16,200,000 | ||||||||||||
increase in receivables and other assets | -400,000 | 3,700,000 | -4,400,000 | |||||||||||||||||||||||
brightsphere investment group inc.condensed consolidated statements of cash flows | ||||||||||||||||||||||||||
excise tax payable on repurchases of common stock | ||||||||||||||||||||||||||
payable for securities purchased by a consolidated fund | 900,000 | -600,000 | 1,100,000 | -3,400,000 | ||||||||||||||||||||||
less: income from discontinued operations, net of tax | -800,000 | -1,200,000 | -56,800,000 | -18,500,000 | ||||||||||||||||||||||
less: net income attributable to non-controlling interests in consolidated funds from continuing operations | ||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows from operating activities from continuing operations: | ||||||||||||||||||||||||||
gain on sale of discontinued operations | ||||||||||||||||||||||||||
gain on sale of subsidiaries | -15,300,000 | |||||||||||||||||||||||||
net earnings from affiliate accounted for using the equity method | 0 | -200,000 | -1,300,000 | -1,100,000 | -1,000,000 | -600,000 | -600,000 | -800,000 | ||||||||||||||||||
distributions received from equity method affiliate | 0 | 1,500,000 | 1,800,000 | 1,100,000 | 700,000 | 1,300,000 | 200,000 | 1,200,000 | ||||||||||||||||||
distributions from discontinued operations | 0 | 6,300,000 | 34,200,000 | 12,200,000 | ||||||||||||||||||||||
changes in operating assets and liabilities | ||||||||||||||||||||||||||
net cash flows from operating activities of continuing operations, excluding consolidated funds | -26,700,000 | -24,700,000 | 67,200,000 | -20,200,000 | 82,100,000 | 91,700,000 | -29,100,000 | 43,300,000 | 79,600,000 | |||||||||||||||||
net income attributable to non-controlling interests in consolidated funds from continuing operations | ||||||||||||||||||||||||||
adjustments to reconcile net income attributable to non-controlling interests of consolidated funds to net cash flows from operating activities from continuing operations of consolidated funds: | ||||||||||||||||||||||||||
net cash flows from operating activities of continuing operations of consolidated funds | -52,100,000 | 3,800,000 | -4,400,000 | 1,800,000 | 1,400,000 | |||||||||||||||||||||
net cash flows from operating activities of continuing operations | 53,500,000 | 33,400,000 | 44,300,000 | -14,400,000 | -26,700,000 | -24,700,000 | 67,200,000 | -20,200,000 | 30,000,000 | 95,500,000 | -33,500,000 | 45,100,000 | 81,000,000 | |||||||||||||
net cash flows from operating activities of discontinued operations | 100,000 | -5,600,000 | -1,500,000 | -100,000 | ||||||||||||||||||||||
proceeds from sale of discontinued operations | ||||||||||||||||||||||||||
proceeds from sale of subsidiaries | ||||||||||||||||||||||||||
de-consolidation of funds | ||||||||||||||||||||||||||
net cash flows from investing activities of continuing operations | -3,700,000 | -2,900,000 | -2,400,000 | -4,000,000 | 27,000,000 | 296,800,000 | 711,200,000 | 1,000,000 | 330,100,000 | -69,200,000 | 7,800,000 | 1,300,000 | 17,800,000 | 1,500,000 | ||||||||||||
net cash flows from investing activities of discontinued operations | 0 | -8,600,000 | 9,900,000 | 1,800,000 | ||||||||||||||||||||||
total net cash flows from investing activities | -3,700,000 | -2,900,000 | -2,400,000 | -4,000,000 | 27,000,000 | 288,200,000 | 721,100,000 | 2,800,000 | 330,100,000 | -69,200,000 | 7,800,000 | 1,300,000 | 17,800,000 | 1,500,000 | ||||||||||||
repurchases of common stock from related parties | ||||||||||||||||||||||||||
dividends paid to shareholders | -5,700,000 | -5,000,000 | ||||||||||||||||||||||||
net cash flows from financing activities of continuing operations | -29,000,000 | -21,300,000 | -38,500,000 | -144,900,000 | -1,172,400,000 | -30,500,000 | -27,900,000 | 78,400,000 | -68,400,000 | 57,800,000 | -109,200,000 | 42,400,000 | -66,600,000 | -61,100,000 | ||||||||||||
net cash flows from financing activities of discontinued operations | 0 | 1,200,000 | -28,800,000 | 400,000 | ||||||||||||||||||||||
cash and cash equivalents at beginning of period classified within assets held for sale | 0 | 0 | 20,000,000 | 11,200,000 | ||||||||||||||||||||||
less: cash and cash equivalents at end of period classified within assets held for sale | -5,200,000 | -13,300,000 | ||||||||||||||||||||||||
adjustments to reconcile net income attributable to redeemable non-controlling interests of consolidated funds to net cash flows from operating activities: | ||||||||||||||||||||||||||
cash flows from financing activities of consolidated funds | ||||||||||||||||||||||||||
less: net loss attributable to non-controlling interests in consolidated funds from continuing operations | ||||||||||||||||||||||||||
impairment of goodwill | 0 | 0 | 16,400,000 | |||||||||||||||||||||||
consolidation (de-consolidation) of funds | ||||||||||||||||||||||||||
proceeds from third party and non-recourse borrowings | 0 | 44,000,000 | 37,000,000 | 95,000,000 | 0 | 0 | 0 | 80,000,000 | 20,000,000 | 220,000,000 | ||||||||||||||||
repayment of third party and non-recourse borrowings | -33,000,000 | -64,900,000 | -64,100,000 | -14,000,000 | -80,000,000 | -71,700,000 | -90,000,000 | -13,300,000 | -55,000,000 | -245,000,000 | ||||||||||||||||
withholding tax payments related to stock option exercise | 0 | 0 | 0 | -2,300,000 | -19,700,000 | |||||||||||||||||||||
gain on disposal of discontinued operations, net of tax | ||||||||||||||||||||||||||
additions of fixed assets, excluding discontinued operations | -4,500,000 | -4,200,000 | -4,000,000 | -3,700,000 | -3,900,000 | -3,500,000 | ||||||||||||||||||||
cash proceeds from sale of discontinued operations | 236,500,000 | |||||||||||||||||||||||||
cash proceeds from sale of subsidiaries | ||||||||||||||||||||||||||
cash and cash equivalents at end of period from continuing operations | 9,200,000 | 3,400,000 | 88,800,000 | 247,100,000 | 724,900,000 | 452,100,000 | ||||||||||||||||||||
gain on sale of discontinued operations, net of tax | -185,400,000 | |||||||||||||||||||||||||
loss on sale of subsidiary | 0 | 1,300,000 | ||||||||||||||||||||||||
payment to om plc for dta deed | 0 | |||||||||||||||||||||||||
proceeds from sale of affiliates | ||||||||||||||||||||||||||
contributions in equity method investees | -2,300,000 | -600,000 | -1,000,000 | -300,000 | -4,600,000 | -1,100,000 | ||||||||||||||||||||
distributions received from equity method investees | 0 | 1,000,000 | -200,000 | 500,000 | 100,000 | 400,000 | ||||||||||||||||||||
payment to om plc for promissory notes | ||||||||||||||||||||||||||
non-controlling interest capital raised | 2,200,000 | 600,000 | 4,600,000 | 1,000,000 | ||||||||||||||||||||||
non-controlling interest capital redeemed | -600,000 | -100,000 | -200,000 | -100,000 | -300,000 | -100,000 | ||||||||||||||||||||
less: net income attributable to non-controlling interests in consolidated funds | 3,200,000 | |||||||||||||||||||||||||
(gain) on sale of affiliate | ||||||||||||||||||||||||||
net income attributable to non-controlling interests in consolidated funds | -3,200,000 | 35,000,000 | -10,500,000 | 6,500,000 | 7,600,000 | |||||||||||||||||||||
adjustments to reconcile net income attributable to non-controlling interests in consolidated funds to net cash flows from operating activities from continuing operations of consolidated funds: | ||||||||||||||||||||||||||
earnings from equity method investees | 800,000 | -5,500,000 | -5,100,000 | |||||||||||||||||||||||
net increase in cash and cash equivalents, including cash classified within assets held for sale | ||||||||||||||||||||||||||
less: net (increase) in cash classified within affiliate assets held for sale | ||||||||||||||||||||||||||
less: net (increase) in cash classified within consolidated funds' assets held for sale | ||||||||||||||||||||||||||
(gains) losses on other investments | -6,100,000 | 23,100,000 | ||||||||||||||||||||||||
decrease in accounts payable and other liabilities | ||||||||||||||||||||||||||
less: net (income) loss attributable to non-controlling interests in consolidated funds | 10,500,000 | |||||||||||||||||||||||||
income from discontinued operations, excluding consolidated funds | ||||||||||||||||||||||||||
less: net loss attributable to non-controlling interests in consolidated funds | -6,500,000 | |||||||||||||||||||||||||
loss from discontinued operations, excluding consolidated funds | ||||||||||||||||||||||||||
net earnings from affiliates accounted for using the equity method | ||||||||||||||||||||||||||
distributions received from equity method affiliates | ||||||||||||||||||||||||||
revaluation of dta deed | ||||||||||||||||||||||||||
impact of tax act on deferred income taxes | ||||||||||||||||||||||||||
gain on sale of investment in affiliate | ||||||||||||||||||||||||||
decrease in investment advisory fees receivable and other amounts due from om plc | ||||||||||||||||||||||||||
increase in accrued incentive compensation and other liabilities and amounts due to om plc | ||||||||||||||||||||||||||
purchase of fixed assets, excluding discontinued operations | ||||||||||||||||||||||||||
proceeds from sale of investment in affiliate | ||||||||||||||||||||||||||
business acquisitions, net of cash acquired | ||||||||||||||||||||||||||
payment to om plc for deferred tax arrangement | ||||||||||||||||||||||||||
loss on disposal of discontinued operations, excluding consolidated funds | ||||||||||||||||||||||||||
increase in accrued incentive compensation, amounts due to om plc and other liabilities | 24,100,000 | |||||||||||||||||||||||||
(gain) loss on disposal of discontinued operations, excluding consolidated funds | ||||||||||||||||||||||||||
increase in investment advisory fees receivable | ||||||||||||||||||||||||||
repurchases of ordinary shares |