Cannae Holdings, Inc(NYSE:CNNE)
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc. is based in Las Vegas, Nevada.
Website: http://www.cannaeholdings.com
Founded: 2014
Full Time Employees: 22,482
Sector: Consumer Cyclical
Industry: Restaurants
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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 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
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revenues: | |||||||||||||||||||||||||||||||||||
restaurant revenue | 91,900,000 | 94,900,000 | 94,600,000 | 101,900,000 | 99,100,000 | 103,400,000 | 102,100,000 | 107,600,000 | 106,500,000 | 111,100,000 | 131,200,000 | 145,200,000 | 148,500,000 | 147,200,000 | 154,600,000 | 166,700,000 | 162,100,000 | 172,400,000 | 175,100,000 | 189,900,000 | 167,300,000 | 161,000,000 | 129,400,000 | 99,400,000 | 169,900,000 | 271,300,000 | 247,700,000 | 266,500,000 | 257,800,000 | 298,500,000 | 269,300,000 | 276,200,000 | 273,800,000 | 298,600,000 | 270,000,000 |
other operating revenue | 4,300,000 | 8,400,000 | 12,300,000 | 8,300,000 | 4,100,000 | 6,500,000 | 11,800,000 | 10,400,000 | 4,200,000 | 8,200,000 | 12,400,000 | 7,600,000 | 5,800,000 | 8,500,000 | 9,900,000 | 7,800,000 | 5,300,000 | 9,500,000 | 10,900,000 | 12,500,000 | 4,600,000 | 9,400,000 | 10,300,000 | 3,200,000 | 3,100,000 | -31,300,000 | 22,700,000 | 18,600,000 | 16,700,000 | 15,600,000 | 24,200,000 | 27,700,000 | 20,100,000 | 18,800,000 | 11,300,000 |
total operating revenues | 96,200,000 | 103,300,000 | 106,900,000 | 110,200,000 | 103,200,000 | 109,900,000 | 113,900,000 | 118,000,000 | 110,700,000 | 119,300,000 | 143,600,000 | 152,800,000 | 154,300,000 | 155,700,000 | 164,500,000 | 174,500,000 | 167,400,000 | 181,900,000 | 186,000,000 | 202,400,000 | 171,900,000 | 170,400,000 | 139,700,000 | 102,600,000 | 173,000,000 | 240,000,000 | 270,400,000 | 285,100,000 | 274,500,000 | 314,100,000 | 293,500,000 | 303,900,000 | 293,900,000 | 317,400,000 | 281,300,000 |
yoy | -6.78% | -6.01% | -6.15% | -6.61% | -6.78% | -7.88% | -20.68% | -22.77% | -28.26% | -23.38% | -12.71% | -12.44% | -7.83% | -14.40% | -11.56% | -13.78% | -2.62% | 6.75% | 33.14% | 97.27% | -0.64% | -29.00% | -48.34% | -64.01% | -36.98% | -23.59% | -7.87% | -6.19% | -6.60% | -1.04% | 4.34% | ||||
qoq | -6.87% | -3.37% | -2.99% | 6.78% | -6.10% | -3.51% | -3.47% | 6.59% | -7.21% | -16.92% | -6.02% | -0.97% | -0.90% | -5.35% | -5.73% | 4.24% | -7.97% | -2.20% | -8.10% | 17.74% | 0.88% | 21.98% | 36.16% | -40.69% | -27.92% | -11.24% | -5.16% | 3.86% | -12.61% | 7.02% | -3.42% | 3.40% | -7.40% | 12.83% | |
operating expenses: | |||||||||||||||||||||||||||||||||||
cost of restaurant revenue | 83,900,000 | 87,600,000 | 88,600,000 | 90,800,000 | 91,000,000 | 91,900,000 | 93,000,000 | 92,100,000 | 94,200,000 | 99,100,000 | 115,900,000 | 128,300,000 | 131,600,000 | 137,000,000 | 141,100,000 | 147,900,000 | 145,400,000 | 154,600,000 | 154,800,000 | 160,300,000 | 147,700,000 | 148,700,000 | 121,700,000 | 100,800,000 | 153,100,000 | 234,100,000 | 220,100,000 | 231,600,000 | 227,000,000 | 265,900,000 | 244,500,000 | 240,100,000 | 240,800,000 | 263,300,000 | 242,900,000 |
personnel costs | 11,200,000 | 11,300,000 | 12,100,000 | 36,200,000 | 14,200,000 | 17,900,000 | 18,100,000 | 19,200,000 | 23,200,000 | 9,000,000 | 16,200,000 | 11,300,000 | 15,600,000 | 10,000,000 | 12,400,000 | 16,000,000 | 21,100,000 | 21,800,000 | 21,900,000 | 24,400,000 | 12,000,000 | 25,600,000 | 16,700,000 | 23,300,000 | 29,200,000 | 3,900,000 | 31,100,000 | 30,900,000 | 24,400,000 | 25,300,000 | 30,600,000 | 90,300,000 | 24,100,000 | 24,000,000 | 18,700,000 |
depreciation and amortization | 2,600,000 | 2,900,000 | 2,900,000 | 3,000,000 | 3,100,000 | 3,300,000 | 3,300,000 | 3,400,000 | 3,300,000 | 3,400,000 | 5,900,000 | 4,600,000 | 5,100,000 | 5,100,000 | 5,700,000 | 6,200,000 | 5,800,000 | 6,000,000 | 6,300,000 | 6,400,000 | 7,900,000 | 8,500,000 | 6,500,000 | 7,300,000 | 8,400,000 | 600,000 | 12,900,000 | 13,300,000 | 13,900,000 | 14,400,000 | 16,700,000 | 15,300,000 | 14,900,000 | 14,400,000 | 11,900,000 |
other operating expenses, including asset impairments | 20,600,000 | ||||||||||||||||||||||||||||||||||
total operating expenses | 118,300,000 | 127,400,000 | 120,100,000 | 171,100,000 | 124,600,000 | 131,900,000 | 132,000,000 | 141,000,000 | 151,300,000 | 144,000,000 | 195,500,000 | 172,400,000 | 177,000,000 | 176,400,000 | 185,800,000 | 201,500,000 | 243,000,000 | 218,400,000 | 210,800,000 | 238,600,000 | 207,900,000 | 231,500,000 | 168,100,000 | 148,300,000 | 226,300,000 | 294,900,000 | 294,000,000 | 309,600,000 | 289,100,000 | 364,000,000 | 319,400,000 | 370,800,000 | 301,000,000 | 333,300,000 | 302,100,000 |
operating income | -22,100,000 | -24,100,000 | -13,200,000 | -60,900,000 | -21,400,000 | -22,000,000 | -18,100,000 | -23,000,000 | -40,600,000 | -24,700,000 | -51,900,000 | -19,600,000 | -22,700,000 | -20,700,000 | -21,300,000 | -27,000,000 | -75,600,000 | -36,500,000 | -24,800,000 | -36,200,000 | -36,000,000 | -61,100,000 | -28,400,000 | -45,700,000 | -53,300,000 | -54,900,000 | -23,600,000 | -24,500,000 | -14,600,000 | -49,900,000 | -25,900,000 | -66,900,000 | -7,100,000 | -15,900,000 | -20,800,000 |
yoy | 3.27% | 9.55% | -27.07% | 164.78% | -47.29% | -10.93% | -65.13% | 17.35% | 78.85% | 19.32% | 143.66% | -27.41% | -69.97% | -43.29% | -14.11% | -25.41% | 110.00% | -40.26% | -12.68% | -20.79% | -32.46% | 11.29% | 20.34% | 86.53% | 265.07% | 10.02% | -8.88% | -63.38% | 105.63% | 213.84% | 24.52% | ||||
qoq | -8.30% | 82.58% | -78.33% | 184.58% | -2.73% | 21.55% | -21.30% | -43.35% | 64.37% | -52.41% | 164.80% | -13.66% | 9.66% | -2.82% | -21.11% | -64.29% | 107.12% | 47.18% | -31.49% | 0.56% | -41.08% | 115.14% | -37.86% | -14.26% | -2.91% | 132.63% | -3.67% | 67.81% | -70.74% | 92.66% | -61.29% | 842.25% | -55.35% | -23.56% | |
operating margin % | -22.97% | -23.33% | -12.35% | -55.26% | -20.74% | -20.02% | -15.89% | -19.49% | -36.68% | -20.70% | -36.14% | -12.83% | -14.71% | -13.29% | -12.95% | -15.47% | -45.16% | -20.07% | -13.33% | -17.89% | -20.94% | -35.86% | -20.33% | -44.54% | -30.81% | -22.88% | -8.73% | -8.59% | -5.32% | -15.89% | -8.82% | -22.01% | -2.42% | -5.01% | -7.39% |
other income: | |||||||||||||||||||||||||||||||||||
interest, investment and other income | 2,100,000 | 2,000,000 | 1,900,000 | 4,800,000 | 1,400,000 | 1,000,000 | 800,000 | 700,000 | 2,100,000 | 4,700,000 | 3,400,000 | 2,700,000 | 2,800,000 | 2,400,000 | 100,000 | 1,000,000 | 18,700,000 | 500,000 | 900,000 | 2,000,000 | 4,700,000 | 8,300,000 | 2,200,000 | 1,900,000 | 1,300,000 | 1,400,000 | 11,000,000 | ||||||||
interest expense | -2,300,000 | -1,500,000 | -3,300,000 | -3,300,000 | -3,800,000 | -4,100,000 | -2,900,000 | -2,000,000 | -2,600,000 | -3,700,000 | -5,800,000 | -4,000,000 | -4,400,000 | -3,700,000 | -3,600,000 | -2,600,000 | -2,400,000 | -2,900,000 | -2,300,000 | -2,500,000 | -2,100,000 | -2,600,000 | -1,600,000 | -1,000,000 | -3,800,000 | -3,400,000 | -5,200,000 | -5,500,000 | -3,700,000 | -1,100,000 | -400,000 | -200,000 | -3,000,000 | -1,800,000 | -1,800,000 |
recognized gains | -7,200,000 | -15,225,000 | 8,100,000 | 7,200,000 | -32,575,000 | 23,400,000 | -145,100,000 | -8,600,000 | -30,225,000 | -130,800,000 | -42,200,000 | 52,100,000 | 102,600,000 | 175,000,000 | -193,600,000 | -86,100,000 | -186,200,000 | 274,000,000 | -312,500,000 | ||||||||||||||||
total other income | -7,400,000 | -15,800,000 | 6,700,000 | -74,700,000 | 4,800,000 | -33,550,000 | 21,300,000 | -146,400,000 | -9,100,000 | -31,550,000 | -133,200,000 | -43,500,000 | 50,500,000 | 101,300,000 | 171,400,000 | -196,100,000 | -88,000,000 | -169,800,000 | 272,000,000 | -313,700,000 | 678,800,000 | 192,700,000 | 585,400,000 | 913,500,000 | 187,100,000 | 89,100,000 | 70,400,000 | 8,900,000 | 89,700,000 | 12,500,000 | 67,900,000 | -1,700,000 | -400,000 | -400,000 | |
loss before income taxes and equity in losses of unconsolidated affiliates | -29,500,000 | -169,400,000 | -63,100,000 | ||||||||||||||||||||||||||||||||
income tax expense | 500,000 | -1,600,000 | -3,800,000 | -1,800,000 | 20,200,000 | 3,375,000 | -6,200,000 | -33,700,000 | 53,400,000 | -14,925,000 | -40,500,000 | 2,600,000 | 21,500,000 | 17,000,000 | -66,500,000 | -26,600,000 | -34,700,000 | 49,300,000 | -62,000,000 | 145,600,000 | 35,100,000 | 131,100,000 | 169,400,000 | 9,900,000 | 15,600,000 | 8,500,000 | 2,800,000 | ||||||||
loss before equity in losses of unconsolidated affiliates | -30,000,000 | -135,700,000 | -41,300,000 | ||||||||||||||||||||||||||||||||
equity in losses of unconsolidated affiliates | -5,800,000 | -68,400,000 | -57,500,000 | -11,700,000 | -26,900,000 | -19,300,000 | -26,800,000 | -26,000,000 | -49,100,000 | -52,700,000 | -22,400,000 | -19,600,000 | -1,100,000 | -3,475,000 | -4,600,000 | ||||||||||||||||||||
net income from continuing operations | -35,800,000 | -82,100,000 | -60,200,000 | -229,500,000 | -38,700,000 | ||||||||||||||||||||||||||||||
net loss from discontinued operations, net of tax - see note j | -24,475,000 | -10,600,000 | -11,000,000 | -76,300,000 | |||||||||||||||||||||||||||||||
net income | -35,800,000 | -98,600,000 | -70,800,000 | -240,500,000 | -115,000,000 | -45,800,000 | -17,500,000 | -155,000,000 | -91,800,000 | -90,400,000 | -6,900,000 | -249,400,000 | -5,900,000 | ||||||||||||||||||||||
yoy | -68.87% | 115.28% | 304.57% | 55.16% | 25.27% | 71.46% | 1230.43% | -97.23% | |||||||||||||||||||||||||||
qoq | -63.69% | 39.27% | -70.56% | 109.13% | 151.09% | 161.71% | -88.71% | 68.85% | 1210.14% | ||||||||||||||||||||||||||
net income margin % | -37.21% | -95.45% | -66.23% | -218.24% | -111.43% | -41.67% | -15.36% | -131.36% | -82.93% | 0% | 0% | -59.16% | -4.47% | 0% | 0% | 0% | -148.98% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -2.01% | 0% | 0% |
less: net loss attributable to noncontrolling interests | -3,700,000 | -5,600,000 | -2,400,000 | -1,700,000 | -2,000,000 | 300,000 | -3,900,000 | -1,900,000 | -4,825,000 | -13,300,000 | -3,200,000 | -2,800,000 | -1,800,000 | ||||||||||||||||||||||
net loss attributable to cannae holdings, inc. common shareholders | -32,100,000 | -93,000,000 | -68,400,000 | -238,800,000 | -113,000,000 | -46,100,000 | -13,600,000 | -155,000,000 | -89,900,000 | -87,200,000 | -4,100,000 | -247,600,000 | |||||||||||||||||||||||
amounts attributable to cannae holdings, inc. common shareholders | |||||||||||||||||||||||||||||||||||
net loss from continuing operations attributable to cannae holdings, inc. common shareholders | -32,100,000 | -93,000,000 | -57,800,000 | -227,800,000 | -36,700,000 | -18,800,000 | -1,700,000 | ||||||||||||||||||||||||||||
net loss from discontinued operations attributable to cannae holdings, inc. common shareholders | -10,600,000 | -11,000,000 | -76,300,000 | ||||||||||||||||||||||||||||||||
earnings per share | |||||||||||||||||||||||||||||||||||
basic | |||||||||||||||||||||||||||||||||||
net income per share | -0.7 | -1.91 | -1.06 | -3.75 | -0.59 | -0.76 | -0.22 | -2.49 | -1.27 | -1.16 | -0.05 | -2.88 | -0.26 | -0.02 | |||||||||||||||||||||
diluted | |||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | |||||||||||||||||||||||||||||||||||
weighted-average shares outstanding cannae holdings common stock, basic basis | 45.9 | 56.5 | 54.7 | 60.8 | 62.3 | 64.4 | 62.4 | 62.2 | 70.8 | 73.4 | 72.1 | 75.4 | 76.1 | 81.6 | 79.6 | 83.5 | 85.9 | 90.1 | 88.8 | 90.7 | 91.5 | 85.7 | 91.3 | 80.8 | 79.1 | 72.2 | 71.6 | 71.6 | 71.6 | 71.2 | 71.6 | 71.1 | 70.6 | 70.6 | |
weighted-average shares outstanding cannae holdings common stock, diluted basis | 45.9 | 56.5 | 54.7 | 60.8 | 62.3 | 64.4 | 62.4 | 62.2 | 70.9 | 73.4 | 72.1 | 75.4 | 76.1 | 81.6 | 79.6 | 83.5 | 85.9 | 90.1 | 88.9 | 90.8 | 91.6 | 85.9 | 91.6 | 81 | 79.3 | 72.4 | 71.9 | 71.9 | 71.8 | 71.3 | 71.6 | 71.1 | 70.6 | 70.6 | |
other operating expenses | 18,475,000 | 16,500,000 | 41,100,000 | 16,300,000 | 18,625,000 | 17,600,000 | 26,300,000 | 30,600,000 | 27,600,000 | 57,500,000 | 28,200,000 | 24,700,000 | 32,175,000 | 26,600,000 | 31,400,000 | 70,700,000 | 28,900,000 | 27,800,000 | 47,500,000 | 40,300,000 | 17,000,000 | 23,200,000 | 16,900,000 | 27,900,000 | 21,875,000 | 29,900,000 | 33,800,000 | 23,800,000 | 31,700,000 | 27,600,000 | 25,100,000 | 21,200,000 | 31,600,000 | 28,600,000 | |
earnings before income taxes and equity in earnings of unconsolidated affiliates | -39,675,000 | -6,500,000 | 27,800,000 | 80,600,000 | 150,100,000 | -223,100,000 | -77,125,000 | -194,600,000 | 235,800,000 | -349,700,000 | 391,050,000 | 164,300,000 | |||||||||||||||||||||||
earnings before equity in losses of unconsolidated affiliates | -43,325,000 | -2,700,000 | -57,350,000 | 9,400,000 | -40,175,000 | -144,600,000 | 690,800,000 | 22,850,000 | 49,900,000 | 37,400,000 | |||||||||||||||||||||||||
recognized losses | -76,200,000 | -265,200,000 | |||||||||||||||||||||||||||||||||
loss before income taxes and equity in earnings of unconsolidated affiliates | -135,600,000 | -16,600,000 | -343,200,000 | -5,700,000 | |||||||||||||||||||||||||||||||
loss before equity in earnings of unconsolidated affiliates | -133,800,000 | -36,800,000 | -281,300,000 | -900,000 | |||||||||||||||||||||||||||||||
equity in earnings of unconsolidated affiliates | -95,700,000 | -1,900,000 | 11,300,000 | -32,100,000 | -29,900,000 | -77,900,000 | -108,000,000 | 31,900,000 | -13,900,000 | 41,400,000 | -8,800,000 | 53,900,000 | 55,500,000 | -1,200,000 | 57,500,000 | -64,300,000 | -8,300,000 | 2,900,000 | 800,000 | 3,800,000 | |||||||||||||||
earnings before income taxes and equity in losses of unconsolidated affiliates | -53,975,000 | 3,200,000 | -49,700,000 | -55,100,000 | -185,100,000 | 539,700,000 | 860,200,000 | 26,425,000 | 65,500,000 | 45,900,000 | |||||||||||||||||||||||||
net income per share | -0.7 | -1.91 | -1.06 | -3.75 | -0.59 | -0.76 | -0.22 | -2.49 | -1.27 | -1.16 | -0.05 | -2.88 | -0.26 | -0.02 | |||||||||||||||||||||
diluted | |||||||||||||||||||||||||||||||||||
earnings before equity in earnings of unconsolidated affiliates | -103,100,000 | 25,200,000 | 59,100,000 | 133,100,000 | -156,600,000 | -65,275,000 | -159,900,000 | 186,500,000 | -287,700,000 | 307,150,000 | 129,200,000 | 408,600,000 | |||||||||||||||||||||||
net earnings | -66,975,000 | -170,600,000 | 29,200,000 | 55,200,000 | -264,600,000 | -111,800,000 | -118,500,000 | 177,700,000 | -233,800,000 | 527,600,000 | 128,000,000 | 466,100,000 | 638,100,000 | 6,200,000 | 41,600,000 | 15,000,000 | 2,000,000 | 25,200,000 | -8,500,000 | -21,400,000 | |||||||||||||||
net earnings attributable to cannae holdings, inc. common shareholders | -62,150,000 | -157,300,000 | 27,500,000 | 55,300,000 | -263,300,000 | -109,300,000 | -121,000,000 | 176,400,000 | -233,100,000 | 531,300,000 | 131,900,000 | 475,300,000 | 647,700,000 | 24,500,000 | 46,200,000 | 19,500,000 | 5,100,000 | 47,000,000 | 1,100,000 | -18,800,000 | -1,700,000 | ||||||||||||||
net earnings per share | -0.835 | -2.18 | -1.373 | 0.69 | -3.15 | -1.22 | -1.36 | 1.94 | -2.55 | 5.87 | 1.44 | 5.88 | 8.19 | 0.33 | 0.65 | 0.27 | 0.07 | 0.66 | 0.02 | -0.26 | -0.02 | ||||||||||||||
diluted | |||||||||||||||||||||||||||||||||||
income tax benefit | -21,800,000 | -61,900,000 | -4,800,000 | -575,000 | -1,100,000 | -4,000,000 | |||||||||||||||||||||||||||||
less: net earnings attributable to noncontrolling interests | -800,000 | -100,000 | -1,300,000 | ||||||||||||||||||||||||||||||||
total other expense | -267,600,000 | ||||||||||||||||||||||||||||||||||
goodwill impairment | 100,000 | 7,700,000 | |||||||||||||||||||||||||||||||||
less: net earnings attributable to non-controlling interests | -2,500,000 | 2,500,000 | 1,300,000 | -5,500,000 | -8,100,000 | ||||||||||||||||||||||||||||||
less: net loss attributable to non-controlling interests | -700,000 | -3,700,000 | -3,900,000 | -9,200,000 | -9,600,000 | -18,300,000 | -4,600,000 | -4,500,000 | -3,100,000 | -4,100,000 | -9,600,000 | -2,600,000 | -4,200,000 | ||||||||||||||||||||||
recognized gains and losses | 679,400,000 | 189,600,000 | |||||||||||||||||||||||||||||||||
earnings from continuing operations | 527,600,000 | 128,000,000 | 466,100,000 | 638,100,000 | |||||||||||||||||||||||||||||||
net losses from discontinued operations, net of tax - see note l | |||||||||||||||||||||||||||||||||||
net earnings from continuing operations attributable to cannae holdings, inc. common shareholders | 531,300,000 | 131,900,000 | 475,300,000 | 647,700,000 | 47,000,000 | 1,100,000 | |||||||||||||||||||||||||||||
net earnings per share from continuing operations | 5.87 | 1.44 | 5.88 | 8.19 | 0.66 | 0.02 | |||||||||||||||||||||||||||||
net income per share | -0.7 | -1.91 | -1.06 | -3.75 | -0.59 | -0.76 | -0.22 | -2.49 | -1.27 | -1.16 | -0.05 | -2.88 | -0.26 | -0.02 | |||||||||||||||||||||
net earnings per share | -0.835 | -2.18 | -1.373 | 0.69 | -3.15 | -1.22 | -1.36 | 1.94 | -2.55 | 5.87 | 1.44 | 5.88 | 8.19 | 0.33 | 0.65 | 0.27 | 0.07 | 0.66 | 0.02 | -0.26 | -0.02 | ||||||||||||||
diluted | |||||||||||||||||||||||||||||||||||
realized and other gains and losses | 578,100,000 | 915,100,000 | |||||||||||||||||||||||||||||||||
realized gains | 188,600,000 | 93,000,000 | 74,500,000 | 1,600,000 | 89,000,000 | 11,300,000 | 66,500,000 | ||||||||||||||||||||||||||||
interest and investment income | 1,800,000 | 1,600,000 | 1,600,000 | 1,300,000 | 1,400,000 | 1,600,000 | |||||||||||||||||||||||||||||
loss from continuing operations before income taxes and equity in losses of unconsolidated affiliates | -5,300,000 | -13,400,000 | -8,800,000 | ||||||||||||||||||||||||||||||||
loss from continuing operations before equity in losses of unconsolidated affiliates | -4,725,000 | -12,300,000 | -1,800,000 | -4,800,000 | |||||||||||||||||||||||||||||||
loss from continuing operations | 25,200,000 | -8,500,000 | -21,400,000 | -5,900,000 | |||||||||||||||||||||||||||||||
net earnings from discontinued operations, net of tax - see note j | 36,925,000 | ||||||||||||||||||||||||||||||||||
net earnings from discontinued operations attributable to cannae holdings, inc. common shareholders | |||||||||||||||||||||||||||||||||||
net earnings per share from discontinued operations | |||||||||||||||||||||||||||||||||||
net earnings per share | -0.835 | -2.18 | -1.373 | 0.69 | -3.15 | -1.22 | -1.36 | 1.94 | -2.55 | 5.87 | 1.44 | 5.88 | 8.19 | 0.33 | 0.65 | 0.27 | 0.07 | 0.66 | 0.02 | -0.26 | -0.02 | ||||||||||||||
diluted | |||||||||||||||||||||||||||||||||||
earnings from continuing operations before income taxes and equity in losses of unconsolidated affiliates | 1,000,000 | -14,725,000 | -21,200,000 | ||||||||||||||||||||||||||||||||
realized gains and (losses) | 1,225,000 | -200,000 | |||||||||||||||||||||||||||||||||
income tax (benefit) expense | -6,950,000 | -2,600,000 | |||||||||||||||||||||||||||||||||
earnings from continuing operations before equity in losses of unconsolidated affiliates | -7,775,000 | -18,600,000 | |||||||||||||||||||||||||||||||||
income from continuing operations | -11,250,000 | -23,200,000 | |||||||||||||||||||||||||||||||||
net earnings attributable to fnfv | 25,675,000 | -23,200,000 | |||||||||||||||||||||||||||||||||
net earnings attributable to parent | 28,375,000 | -15,100,000 |
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 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||
cash and cash equivalents | 135,700,000 | 182,000,000 | 233,800,000 | 66,700,000 | 126,200,000 | 131,500,000 | 160,700,000 | 45,700,000 | 238,300,000 | 106,200,000 | 58,100,000 | 112,700,000 | 184,800,000 | 247,700,000 | 371,100,000 | 100,600,000 | 50,700,000 | 85,800,000 | 234,200,000 | 271,200,000 | 439,700,000 | 724,700,000 | 405,900,000 | 922,700,000 | 444,300,000 | 533,700,000 | 153,200,000 | 73,700,000 | 121,200,000 | 323,000,000 | 57,800,000 | 77,700,000 | 104,200,000 | 245,600,000 | 335,500,000 |
income taxes receivable | 48,100,000 | 60,600,000 | 12,800,000 | 10,900,000 | 10,500,000 | 35,700,000 | 25,500,000 | 25,300,000 | 25,300,000 | 26,000,000 | 4,500,000 | 1,900,000 | 200,000 | 200,000 | 200,000 | ||||||||||||||||||||
other current assets | 24,900,000 | 25,700,000 | 18,500,000 | 17,900,000 | 19,500,000 | 23,500,000 | 19,700,000 | 20,800,000 | 26,200,000 | 29,500,000 | 45,200,000 | 23,800,000 | 23,400,000 | 26,100,000 | 27,400,000 | 28,000,000 | 25,600,000 | 35,800,000 | 91,800,000 | 40,900,000 | 40,500,000 | 84,300,000 | |||||||||||||
total current assets | 208,700,000 | 268,300,000 | 265,100,000 | 623,500,000 | 773,500,000 | 196,900,000 | 214,800,000 | 100,700,000 | 335,600,000 | 177,300,000 | 126,300,000 | 190,100,000 | 313,200,000 | 310,600,000 | 398,500,000 | 128,600,000 | 76,300,000 | 121,600,000 | 326,000,000 | 416,500,000 | 592,900,000 | 844,200,000 | 493,100,000 | 1,083,400,000 | 491,400,000 | 630,900,000 | 240,800,000 | 165,300,000 | 222,800,000 | 451,700,000 | 252,400,000 | 195,400,000 | 217,500,000 | 350,200,000 | 424,200,000 |
investments in unconsolidated affiliates | 634,500,000 | 643,500,000 | 743,700,000 | 629,900,000 | 784,200,000 | 1,456,800,000 | 1,495,200,000 | 1,519,600,000 | 1,678,300,000 | 1,718,800,000 | 1,878,700,000 | 1,972,500,000 | 1,958,500,000 | 1,950,700,000 | 1,996,500,000 | 2,309,600,000 | 2,435,100,000 | 2,261,300,000 | 2,268,200,000 | 1,988,700,000 | 2,011,100,000 | 1,453,000,000 | 1,413,200,000 | 799,700,000 | 759,200,000 | 836,500,000 | 851,900,000 | 913,300,000 | 930,800,000 | 397,200,000 | 450,900,000 | 479,600,000 | 415,400,000 | 424,900,000 | 410,000,000 |
equity securities, without a readily determinable fair value | 148,300,000 | 147,300,000 | |||||||||||||||||||||||||||||||||
equity securities, at fair value | 1,100,000 | 1,400,000 | 38,400,000 | 39,200,000 | 47,900,000 | 56,200,000 | 89,800,000 | 125,800,000 | 152,700,000 | 290,900,000 | 271,400,000 | 334,900,000 | 366,100,000 | 384,900,000 | 335,300,000 | 282,500,000 | 547,100,000 | 1,045,100,000 | 1,241,700,000 | 1,169,100,000 | 1,232,300,000 | 1,799,100,000 | |||||||||||||
lease assets | 108,700,000 | 116,900,000 | 128,700,000 | 131,700,000 | 134,900,000 | 136,000,000 | 137,700,000 | 139,800,000 | 141,300,000 | 143,500,000 | 122,800,000 | 150,000,000 | 152,500,000 | 156,000,000 | 158,800,000 | 163,300,000 | 166,600,000 | 172,000,000 | 177,200,000 | 178,100,000 | 182,100,000 | 202,300,000 | 131,800,000 | 139,400,000 | 145,000,000 | ||||||||||
property and equipment | 44,500,000 | 49,000,000 | 52,100,000 | 53,000,000 | 53,600,000 | 61,800,000 | 63,100,000 | 64,300,000 | 57,200,000 | 58,700,000 | 63,300,000 | 78,600,000 | 84,800,000 | 87,500,000 | 88,900,000 | 91,600,000 | 99,100,000 | 100,600,000 | 99,700,000 | 102,500,000 | 119,600,000 | 145,800,000 | 127,200,000 | 132,500,000 | 137,900,000 | 162,600,000 | 155,800,000 | 160,400,000 | 168,700,000 | 176,400,000 | 186,000,000 | 201,900,000 | 209,800,000 | 218,800,000 | 232,100,000 |
goodwill | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,400,000 | 53,500,000 | 53,500,000 | 53,500,000 | 66,100,000 | 164,800,000 | 164,800,000 | 164,800,000 | 164,800,000 | 197,200,000 | 202,000,000 | 202,000,000 | 202,700,000 | 101,500,000 |
deferred tax asset | 1,000,000 | 50,400,000 | 55,000,000 | 55,000,000 | 69,400,000 | 63,200,000 | 29,000,000 | 84,500,000 | 47,600,000 | 31,100,000 | 76,000,000 | 85,800,000 | 19,900,000 | 9,400,000 | 15,800,000 | 8,400,000 | 7,300,000 | 14,100,000 | 10,600,000 | 30,100,000 | |||||||||||||||
other intangible assets | 12,700,000 | 13,200,000 | 13,600,000 | 14,100,000 | 14,600,000 | 15,100,000 | 15,400,000 | 15,900,000 | 16,300,000 | 16,800,000 | 21,600,000 | 22,200,000 | 22,800,000 | 23,500,000 | 24,300,000 | 25,200,000 | 26,000,000 | 26,900,000 | 27,800,000 | 28,600,000 | 29,200,000 | 51,800,000 | 37,400,000 | 37,900,000 | 38,300,000 | 63,100,000 | 154,200,000 | 158,000,000 | 162,100,000 | 175,800,000 | 194,600,000 | 201,400,000 | 209,100,000 | 214,500,000 | 92,200,000 |
other long-term investments and non-current assets | 26,700,000 | 168,900,000 | 186,000,000 | 179,300,000 | 178,800,000 | 147,400,000 | 141,300,000 | 146,000,000 | 146,400,000 | 146,300,000 | 150,400,000 | ||||||||||||||||||||||||
total assets | 1,239,600,000 | 1,320,700,000 | 1,514,300,000 | 1,785,800,000 | 2,096,400,000 | 2,228,900,000 | 2,286,200,000 | 2,224,000,000 | 2,609,800,000 | 2,686,700,000 | 2,768,400,000 | 2,995,600,000 | 3,132,800,000 | 3,125,500,000 | 3,181,100,000 | 3,188,100,000 | 3,492,700,000 | 3,889,600,000 | 4,313,500,000 | 4,439,600,000 | 4,305,400,000 | 4,613,400,000 | 3,868,600,000 | 3,788,600,000 | 2,705,100,000 | 2,092,200,000 | 1,893,700,000 | 1,872,400,000 | 1,981,100,000 | 1,459,500,000 | 1,364,700,000 | 1,359,900,000 | 1,340,600,000 | 1,487,200,000 | 1,361,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||
accounts payable and other accrued liabilities, current | 86,500,000 | 91,900,000 | 96,800,000 | 89,400,000 | 53,500,000 | 54,800,000 | 55,800,000 | 70,400,000 | 70,100,000 | 74,200,000 | 88,000,000 | 86,900,000 | 77,200,000 | 79,000,000 | 76,700,000 | 76,900,000 | 82,400,000 | 105,600,000 | 92,800,000 | 161,000,000 | 78,000,000 | 93,200,000 | 72,600,000 | 64,500,000 | 57,800,000 | 86,400,000 | 91,600,000 | 98,200,000 | 89,900,000 | 98,400,000 | 99,400,000 | 90,500,000 | 93,200,000 | 100,700,000 | 94,000,000 |
lease liabilities, current | 15,600,000 | 15,400,000 | 15,200,000 | 15,000,000 | 14,800,000 | 14,500,000 | 14,300,000 | 14,100,000 | 13,900,000 | 13,900,000 | 15,800,000 | 20,500,000 | 21,800,000 | 22,800,000 | 23,400,000 | 23,500,000 | 23,800,000 | 23,800,000 | 23,800,000 | 23,500,000 | 23,200,000 | 26,200,000 | 26,700,000 | 27,100,000 | 26,700,000 | ||||||||||
deferred revenue | 14,500,000 | 16,100,000 | 11,700,000 | 13,400,000 | 14,300,000 | 16,200,000 | 12,200,000 | 14,300,000 | 15,300,000 | 16,900,000 | 11,500,000 | 14,200,000 | 15,000,000 | 18,600,000 | 13,600,000 | 16,100,000 | 18,400,000 | 23,100,000 | 14,600,000 | 15,600,000 | 17,000,000 | 23,900,000 | 14,700,000 | 15,700,000 | 16,200,000 | 22,400,000 | 25,300,000 | 25,900,000 | 19,400,000 | 23,800,000 | 23,400,000 | 10,500,000 | |||
notes payable, current | 5,800,000 | 6,300,000 | 6,900,000 | 106,700,000 | 102,000,000 | 61,000,000 | 1,900,000 | 500,000 | 1,900,000 | 2,500,000 | 3,100,000 | 5,000,000 | 1,500,000 | 2,300,000 | 13,200,000 | 10,800,000 | 1,600,000 | 2,300,000 | 7,400,000 | 26,800,000 | 13,900,000 | 11,300,000 | 33,200,000 | 6,000,000 | 6,300,000 | 7,000,000 | 7,400,000 | 5,900,000 | 5,900,000 | 5,900,000 | 500,000 | 1,400,000 | 1,400,000 | 122,200,000 | 9,000,000 |
total current liabilities | 122,400,000 | 129,700,000 | 130,600,000 | 224,500,000 | 184,600,000 | 146,500,000 | 84,200,000 | 99,300,000 | 101,200,000 | 107,500,000 | 118,400,000 | 127,900,000 | 123,800,000 | 122,700,000 | 166,300,000 | 186,600,000 | 229,700,000 | 179,500,000 | 176,600,000 | 318,900,000 | 237,100,000 | 202,000,000 | 159,000,000 | 188,800,000 | 152,100,000 | 198,700,000 | 184,900,000 | 176,500,000 | 188,100,000 | 160,000,000 | 119,300,000 | 115,700,000 | 118,000,000 | 249,800,000 | 114,200,000 |
lease liabilities, long-term | 118,000,000 | 122,800,000 | 126,300,000 | 129,500,000 | 133,100,000 | 134,600,000 | 134,700,000 | 137,100,000 | 139,700,000 | 142,200,000 | 144,900,000 | 146,600,000 | 148,700,000 | 151,000,000 | 166,100,000 | 195,600,000 | |||||||||||||||||||
notes payable, long-term | 64,500,000 | 64,500,000 | 61,700,000 | 61,700,000 | 68,600,000 | 120,000,000 | 179,300,000 | 77,700,000 | 77,400,000 | 102,500,000 | 99,500,000 | 98,300,000 | 100,400,000 | 95,100,000 | 14,100,000 | 52,200,000 | 120,100,000 | 42,200,000 | 12,700,000 | ||||||||||||||||
accounts payable and other accrued liabilities, long-term | 12,300,000 | 12,800,000 | 13,000,000 | 13,400,000 | 13,400,000 | 12,500,000 | 25,200,000 | 26,400,000 | 26,400,000 | 25,300,000 | 40,000,000 | 40,800,000 | 41,300,000 | 41,800,000 | 45,000,000 | 53,100,000 | 43,900,000 | 57,400,000 | 62,500,000 | ||||||||||||||||
total liabilities | 317,200,000 | 329,800,000 | 331,600,000 | 429,100,000 | 399,700,000 | 413,600,000 | 423,400,000 | 340,500,000 | 344,700,000 | 377,500,000 | 402,800,000 | 413,600,000 | 414,200,000 | 410,600,000 | 455,600,000 | 482,000,000 | 450,000,000 | 548,500,000 | 805,700,000 | 806,100,000 | 755,100,000 | 828,200,000 | 596,600,000 | 654,800,000 | 500,100,000 | 562,400,000 | 619,000,000 | 620,000,000 | 755,100,000 | 259,800,000 | 192,200,000 | 188,900,000 | 192,000,000 | 334,100,000 | 287,300,000 |
commitments and contingencies - see note h | |||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||
cannae common stock, 0.0001 par value... | |||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value... | |||||||||||||||||||||||||||||||||||
retained (deficit) earnings | -27,500,000 | ||||||||||||||||||||||||||||||||||
additional paid-in capital | 2,043,500,000 | 2,040,500,000 | 2,037,800,000 | 2,035,400,000 | 2,021,000,000 | 2,013,300,000 | 2,005,000,000 | 1,997,900,000 | 1,984,700,000 | 1,977,000,000 | 1,966,000,000 | 1,957,000,000 | 1,945,800,000 | 1,936,200,000 | 1,924,400,000 | 1,913,500,000 | 1,894,400,000 | 1,888,300,000 | 1,883,700,000 | 1,880,800,000 | 1,878,300,000 | 1,875,800,000 | 1,871,700,000 | 1,868,400,000 | 1,406,100,000 | 1,396,700,000 | 1,156,300,000 | 1,150,900,000 | 1,148,800,000 | 1,146,200,000 | 1,157,400,000 | 1,155,400,000 | 1,131,900,000 | 1,130,200,000 | |
less: treasury stock, 49,709,331 and 48,221,655 shares as of march 31, 2026 and december 31, 2025, respectively, at cost | -1,063,100,000 | ||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 6,000,000 | 6,500,000 | 8,800,000 | ||||||||||||||||||||||||||||||||
total cannae shareholders' equity | 958,900,000 | 1,023,800,000 | 1,209,900,000 | 1,381,400,000 | 1,719,900,000 | 1,836,500,000 | 1,884,000,000 | 1,900,700,000 | 2,282,300,000 | 2,324,500,000 | 2,388,900,000 | 2,592,000,000 | 2,725,400,000 | 2,718,800,000 | 2,727,500,000 | 2,703,400,000 | 3,038,700,000 | 3,335,300,000 | 3,499,400,000 | 3,627,300,000 | 3,545,200,000 | 3,779,600,000 | 3,260,000,000 | 3,117,900,000 | 2,180,500,000 | 1,488,500,000 | 1,212,100,000 | 1,185,500,000 | 1,154,400,000 | 1,124,600,000 | 1,091,100,000 | 1,080,000,000 | 1,059,100,000 | 1,059,400,000 | |
noncontrolling interests | -36,500,000 | -32,900,000 | -27,200,000 | -24,700,000 | -23,200,000 | -21,200,000 | -21,200,000 | -17,200,000 | -17,200,000 | -15,300,000 | -23,300,000 | -10,000,000 | -6,800,000 | -3,900,000 | -2,000,000 | 2,700,000 | 4,000,000 | 5,800,000 | 8,400,000 | 6,200,000 | 5,100,000 | 5,600,000 | 12,000,000 | 15,900,000 | 24,500,000 | 41,300,000 | 62,600,000 | 66,900,000 | 71,600,000 | 75,100,000 | 81,400,000 | 91,000,000 | 89,500,000 | 93,700,000 | 99,600,000 |
total equity | 922,400,000 | 990,900,000 | 1,182,700,000 | 1,356,700,000 | 1,696,700,000 | 1,815,300,000 | 1,862,800,000 | 1,883,500,000 | 2,265,100,000 | 2,309,200,000 | 2,365,600,000 | 2,582,000,000 | 2,718,600,000 | 2,714,900,000 | 2,725,500,000 | 2,706,100,000 | 3,042,700,000 | 3,341,100,000 | 3,507,800,000 | 3,633,500,000 | 3,550,300,000 | 3,785,200,000 | 3,272,000,000 | 3,133,800,000 | 2,205,000,000 | 1,529,800,000 | 1,274,700,000 | 1,252,400,000 | 1,226,000,000 | 1,199,700,000 | 1,172,500,000 | 1,171,000,000 | 1,148,600,000 | 1,153,100,000 | 974,100,000 |
total liabilities and equity | 1,239,600,000 | 1,320,700,000 | 1,514,300,000 | 1,785,800,000 | 2,096,400,000 | 2,228,900,000 | 2,286,200,000 | 2,224,000,000 | 2,609,800,000 | 2,686,700,000 | 2,768,400,000 | 2,995,600,000 | 3,132,800,000 | 3,125,500,000 | 3,181,100,000 | 3,188,100,000 | 3,492,700,000 | 3,889,600,000 | 4,313,500,000 | 4,439,600,000 | 4,305,400,000 | 4,613,400,000 | 3,868,600,000 | 3,788,600,000 | 2,705,100,000 | 2,092,200,000 | 1,893,700,000 | 1,872,400,000 | 1,981,100,000 | 1,459,500,000 | 1,364,700,000 | 1,359,900,000 | 1,340,600,000 | 1,487,200,000 | 1,361,000,000 |
short-term investments | 6,200,000 | 8,900,000 | 8,900,000 | 45,800,000 | 15,600,000 | 18,500,000 | 53,600,000 | 105,000,000 | 34,900,000 | 100,000,000 | 800,000 | 500,000 | 200,000 | 1,800,000 | 12,100,000 | 31,400,000 | 32,200,000 | 17,300,000 | 21,100,000 | ||||||||||||||||
deferred tax assets | 600,000 | 73,900,000 | 82,000,000 | 22,700,000 | 54,500,000 | 16,900,000 | |||||||||||||||||||||||||||||
other non-current assets | 27,100,000 | ||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations - see note q | |||||||||||||||||||||||||||||||||||
commitments and contingencies - see note m | |||||||||||||||||||||||||||||||||||
retained earnings | 23,300,000 | 123,500,000 | 200,100,000 | 446,500,000 | 567,100,000 | 620,800,000 | 642,000,000 | 804,600,000 | 901,300,000 | 966,100,000 | 1,123,400,000 | 1,210,600,000 | 1,214,700,000 | 1,187,200,000 | 1,131,900,000 | 1,395,200,000 | 1,642,800,000 | 1,752,100,000 | 1,873,100,000 | 1,696,700,000 | 1,929,800,000 | 1,398,500,000 | 1,266,600,000 | 791,300,000 | 143,600,000 | 119,100,000 | 90,900,000 | 71,400,000 | 45,800,000 | 1,200,000 | 100,000 | 2,800,000 | 200,000 | ||
less: treasury stock, 48,221,655 and 31,538,780 shares as of december 31, 2025 and december 31, 2024, respectively, at cost | -1,046,500,000 | ||||||||||||||||||||||||||||||||||
noncurrent assets of discontinued operations held for sale - see note j | |||||||||||||||||||||||||||||||||||
less: treasury stock, 43,224,192 and 31,538,780 shares as of september 30, 2025 and december 31, 2024, respectively, at cost | -960,200,000 | ||||||||||||||||||||||||||||||||||
assets of discontinued operations held for sale - see note j | 528,000,000 | 617,300,000 | |||||||||||||||||||||||||||||||||
less: treasury stock, 36,911,194 and 31,538,780 shares as of june 30, 2025 and december 31, 2024, respectively, at cost | -838,600,000 | ||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -15,500,000 | -21,300,000 | -19,200,000 | -17,200,000 | -17,600,000 | -16,500,000 | -19,900,000 | -16,400,000 | -13,900,000 | -16,900,000 | -18,100,000 | -20,800,000 | -14,800,000 | -8,400,000 | -7,200,000 | -18,800,000 | -15,800,000 | -8,700,000 | -4,900,000 | -200,000 | -45,900,000 | -59,200,000 | -56,100,000 | -65,600,000 | -67,200,000 | -67,500,000 | -75,500,000 | -75,600,000 | -71,000,000 | -65,400,000 | |||||
less: treasury stock, 31,873,655 and 31,538,780 shares as of march 31, 2025 and december 31, 2024, respectively, at cost | -726,300,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 31,538,780 and 22,477,241 shares as of december 31, 2024 and december 31, 2023, respectively, at cost | -724,700,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 31,533,587 and 22,477,241 shares as of september 30, 2024 and december 31, 2023, respectively, at cost | -724,600,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 31,776,187 and 22,477,241 shares as of june 30, 2024 and december 31, 2023, respectively, at cost | -721,600,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 21,803,647 and 22,477,241 shares as of march 31, 2024 and december 31, 2023, respectively, at cost | -490,500,000 | ||||||||||||||||||||||||||||||||||
other long-term investments and noncurrent assets | 145,300,000 | 136,200,000 | |||||||||||||||||||||||||||||||||
less: treasury stock, 22,477,241 and 16,328,308 shares as of december 31, 2023 and december 31, 2022, respectively, at cost | -533,900,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 22,079,788 and 16,328,308 shares as of september 30, 2023 and december 31, 2022, respectively, at cost | -526,800,000 | ||||||||||||||||||||||||||||||||||
income taxes payable | 1,300,000 | 8,300,000 | 39,400,000 | 59,300,000 | 103,500,000 | 24,700,000 | 38,000,000 | 48,900,000 | 64,800,000 | 47,400,000 | 11,800,000 | 75,500,000 | 45,100,000 | 37,400,000 | 20,300,000 | 4,100,000 | 23,700,000 | 24,200,000 | 800,000 | 700,000 | |||||||||||||||
less: treasury stock, 19,396,911 and 16,328,308 shares as of june 30, 2023 and december 31, 2022, respectively, at cost | -474,500,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 16,331,107 and 16,328,308 shares as of march 31, 2023 and december 31, 2022, respectively, at cost | -414,100,000 | ||||||||||||||||||||||||||||||||||
deferred tax liabilities | 143,800,000 | 325,300,000 | |||||||||||||||||||||||||||||||||
less: treasury stock, 16,328,308 and 5,574,480 shares as of december 31, 2022 and december 31, 2021, respectively, at cost | -414,000,000 | ||||||||||||||||||||||||||||||||||
other long term investments and non-current assets | 49,400,000 | 48,100,000 | 89,100,000 | 119,500,000 | 502,700,000 | 84,800,000 | 61,300,000 | 61,800,000 | 60,300,000 | 69,000,000 | 55,100,000 | 58,000,000 | 51,700,000 | 50,700,000 | 51,300,000 | 48,400,000 | |||||||||||||||||||
lease liabilities, long term | 151,500,000 | 156,500,000 | 160,500,000 | 169,300,000 | 171,200,000 | 176,800,000 | 123,300,000 | 132,000,000 | 138,400,000 | ||||||||||||||||||||||||||
notes payable, long term | 95,500,000 | 95,900,000 | 13,700,000 | 220,400,000 | 24,700,000 | 45,800,000 | 37,100,000 | 64,400,000 | 42,600,000 | 193,800,000 | 195,200,000 | 206,300,000 | 11,600,000 | 11,000,000 | 11,100,000 | 119,500,000 | |||||||||||||||||||
deferred tax liability | 2,300,000 | 190,100,000 | 243,300,000 | 244,800,000 | 231,100,000 | 226,000,000 | 124,500,000 | ||||||||||||||||||||||||||||
accounts payable and other accrued liabilities, long term | 42,300,000 | 43,000,000 | 43,800,000 | 49,300,000 | 48,000,000 | 50,600,000 | 46,100,000 | 43,600,000 | 42,500,000 | 29,600,000 | 30,100,000 | 29,600,000 | 58,400,000 | 60,300,000 | 61,000,000 | 53,600,000 | |||||||||||||||||||
commitments and contingencies - see note f | |||||||||||||||||||||||||||||||||||
less: treasury stock, 14,000,078 and 5,574,480 shares as of september 30, 2022 and december 31, 2021, respectively, at cost | -363,300,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 12,350,078 and 5,574,480 shares as of june 30, 2022 and december 31, 2021, respectively, at cost | -327,200,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 7,574,480 and 5,574,480 shares as of march 31, 2022 and december 31, 2021, respectively, at cost | -242,500,000 | ||||||||||||||||||||||||||||||||||
fixed maturity securities available for sale, at fair value | 35,800,000 | 35,200,000 | 34,500,000 | 33,900,000 | 26,100,000 | 19,200,000 | 18,700,000 | 17,700,000 | 17,500,000 | 17,800,000 | 23,500,000 | 21,600,000 | 21,400,000 | 14,800,000 | 22,500,000 | ||||||||||||||||||||
other long term investments and noncurrent assets | 108,700,000 | 63,800,000 | 66,400,000 | 58,900,000 | 50,700,000 | ||||||||||||||||||||||||||||||
less: treasury stock, 5,574,480 and 740,708 shares as of december 31, 2021 and december 31, 2020, respectively, at cost | -188,600,000 | ||||||||||||||||||||||||||||||||||
commitments and contingencies - see note g | |||||||||||||||||||||||||||||||||||
less: treasury stock, 3,468,876 and 740,708 shares as of september 30, 2021 and december 31, 2020, respectively, at cost | -117,600,000 | ||||||||||||||||||||||||||||||||||
assets held for sale - see note j | 104,400,000 | 76,900,000 | |||||||||||||||||||||||||||||||||
liabilities held for sale - see note j | 43,100,000 | 40,200,000 | |||||||||||||||||||||||||||||||||
less: treasury stock, 3,268,876 and 740,708 shares as of june 30, 2021 and december 31, 2020, respectively, at cost | -110,800,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 740,708 shares as of march 31, 2021 and december 31, 2020, respectively, at cost | -21,100,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 740,708 and 211,139 shares as of december 31, 2020 and december 31, 2019, respectively, at cost | -21,100,000 | ||||||||||||||||||||||||||||||||||
trade receivables | 5,700,000 | 4,200,000 | 3,200,000 | 16,000,000 | 34,400,000 | 33,100,000 | 29,500,000 | 49,800,000 | 34,200,000 | 36,800,000 | 30,200,000 | 35,800,000 | 15,200,000 | ||||||||||||||||||||||
inventory | 6,400,000 | 6,600,000 | 8,100,000 | 16,300,000 | 32,500,000 | 32,500,000 | 31,000,000 | 22,300,000 | 43,300,000 | 41,400,000 | 38,600,000 | 29,700,000 | 37,700,000 | ||||||||||||||||||||||
prepaid expenses and other current assets | 75,100,000 | 49,900,000 | 35,000,000 | 64,400,000 | 20,500,000 | 24,200,000 | 29,000,000 | 25,200,000 | 84,700,000 | 22,000,000 | 23,200,000 | 21,400,000 | 18,900,000 | ||||||||||||||||||||||
equity securities, at fair value - see note a | 1,516,600,000 | 1,446,500,000 | |||||||||||||||||||||||||||||||||
less: treasury stock, 721,727 and 211,139 shares as of september 30, 2020 and december 31, 2019, respectively, at cost | -20,300,000 | ||||||||||||||||||||||||||||||||||
accumulated other comprehensive earnings | 10,100,000 | 3,200,000 | |||||||||||||||||||||||||||||||||
less: treasury stock, 721,727 and 211,139 shares as of june 30, 2020 and december 31, 2019, respectively, at cost | -20,300,000 | ||||||||||||||||||||||||||||||||||
investment in ceridian, at fair value - see note a | 993,400,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 597,656 and 211,139 shares as of march 31, 2020 and december 31, 2019, respectively, at cost | -16,700,000 | ||||||||||||||||||||||||||||||||||
current assets of discontinued operations - see note n | |||||||||||||||||||||||||||||||||||
lease assets - see note b | 192,900,000 | 218,600,000 | 228,400,000 | 240,600,000 | |||||||||||||||||||||||||||||||
noncurrent assets of discontinued operations - see note n | |||||||||||||||||||||||||||||||||||
lease liabilities, current - see note b | 41,500,000 | 43,200,000 | 43,000,000 | 42,700,000 | |||||||||||||||||||||||||||||||
deferred revenue, current | 26,400,000 | 31,500,000 | 26,100,000 | ||||||||||||||||||||||||||||||||
current liabilities of discontinued operations - see note n | |||||||||||||||||||||||||||||||||||
lease liabilities, long-term - see note b | 199,700,000 | ||||||||||||||||||||||||||||||||||
deferred revenue, long-term | 200,000 | 9,100,000 | |||||||||||||||||||||||||||||||||
noncurrent liabilities of discontinued operations - see note n | |||||||||||||||||||||||||||||||||||
less: treasury stock, 211,139 and 10,638 shares as of december 31, 2019 and december 31, 2018, respectively, at cost | -5,900,000 | ||||||||||||||||||||||||||||||||||
lease liabilities, long term - see note b | 210,500,000 | 218,000,000 | 230,900,000 | ||||||||||||||||||||||||||||||||
deferred revenue, long term | 200,000 | 200,000 | 200,000 | 2,900,000 | 1,900,000 | 1,900,000 | |||||||||||||||||||||||||||||
less: treasury stock, 155,638 and 10,638 shares as of september 30, 2019 and december 31, 2018, respectively, at cost | -4,100,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 10,638 shares as of june 30, 2019 and december 31, 2018, at cost | -200,000 | ||||||||||||||||||||||||||||||||||
note payable to fidelity national financial, inc. - see note f | 100,000,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 10,638 shares as of march 31, 2019 and december 31, 2018, at cost | -200,000 | ||||||||||||||||||||||||||||||||||
less: treasury stock, 10,638 shares as of december 31, 2018, at cost | -200,000 | ||||||||||||||||||||||||||||||||||
equity securities available for sale, at fair value | 17,700,000 | 16,900,000 | |||||||||||||||||||||||||||||||||
current assets of discontinued operations | |||||||||||||||||||||||||||||||||||
noncurrent assets of discontinued operations | |||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||
noncurrent liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||
parent investment in fnfv | 1,039,500,000 | ||||||||||||||||||||||||||||||||||
total fnfv equity | 1,073,700,000 |
Cashflow Statements:
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 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||
net loss | -35,800,000 | -98,600,000 | -70,800,000 | -240,500,000 | -115,000,000 | -45,800,000 | -17,500,000 | -155,000,000 | -91,800,000 | -56,200,000 | -170,600,000 | -90,400,000 | -6,900,000 | 55,200,000 | -264,600,000 | -249,400,000 | -5,900,000 | |||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
depreciation and amortization | 2,600,000 | 2,900,000 | 2,900,000 | 3,000,000 | 3,100,000 | 3,300,000 | 3,300,000 | 3,400,000 | 3,300,000 | 3,400,000 | 5,900,000 | 4,600,000 | 5,100,000 | 5,100,000 | 5,700,000 | 6,200,000 | 5,800,000 | 5,800,000 | 6,300,000 | 6,400,000 | 7,900,000 | 8,500,000 | 6,500,000 | 7,300,000 | 8,400,000 | 14,400,000 | 12,800,000 | 13,400,000 | 13,900,000 | 14,400,000 | 16,700,000 | 15,300,000 | 14,900,000 | 14,500,000 |
equity in losses of unconsolidated affiliates | 5,800,000 | 68,400,000 | 57,500,000 | 95,700,000 | 1,900,000 | 11,700,000 | 26,900,000 | 19,300,000 | -11,300,000 | 86,800,000 | 26,000,000 | 49,100,000 | 32,100,000 | 29,900,000 | -53,900,000 | -55,500,000 | 1,200,000 | -57,500,000 | 52,700,000 | 64,300,000 | 31,300,000 | 22,400,000 | -2,900,000 | -800,000 | -3,800,000 | 19,600,000 | 1,100,000 | -17,300,000 | ||||||
distributions from investments in unconsolidated affiliates | 600,000 | 21,300,000 | 0 | 800,000 | 2,300,000 | 2,700,000 | 0 | 200,000 | 900,000 | 0 | 0 | 0 | 0 | 700,000 | 14,000,000 | 18,300,000 | 300,000 | 0 | 5,100,000 | 127,900,000 | 0 | 0 | 500,000 | 0 | 0 | 0 | 2,000,000 | 200,000 | 300,000 | 100,000 | ||||
recognized losses and asset impairments | 4,100,000 | -8,100,000 | 76,200,000 | -7,200,000 | -24,000,000 | 159,900,000 | 45,300,000 | -51,100,000 | -173,800,000 | 194,300,000 | 265,500,000 | 186,500,000 | ||||||||||||||||||||||
lease asset amortization | 3,200,000 | 4,800,000 | 3,500,000 | 3,400,000 | 3,400,000 | 4,400,000 | 3,400,000 | 3,300,000 | 3,400,000 | 5,000,000 | 4,600,000 | 4,800,000 | 4,900,000 | 6,500,000 | 5,000,000 | 5,100,000 | 5,200,000 | 6,800,000 | 5,200,000 | 4,800,000 | 5,800,000 | 7,700,000 | 5,700,000 | 5,500,000 | 6,200,000 | 11,700,000 | 9,100,000 | |||||||
stock-based compensation expense | 2,200,000 | 1,900,000 | 11,200,000 | 3,700,000 | 4,000,000 | 7,900,000 | 3,400,000 | 1,000,000 | 900,000 | 600,000 | ||||||||||||||||||||||||
net loss from discontinued operations - see note j | 10,600,000 | 11,000,000 | 76,300,000 | |||||||||||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||
other assets | 2,100,000 | -3,800,000 | 300,000 | 900,000 | 2,000,000 | 500,000 | 3,200,000 | 2,700,000 | 4,700,000 | |||||||||||||||||||||||||
lease liabilities | -4,000,000 | -3,500,000 | -3,000,000 | -4,000,000 | -3,700,000 | -3,700,000 | -3,800,000 | -3,700,000 | -5,800,000 | |||||||||||||||||||||||||
accounts payable, accrued liabilities, deferred revenue and other liabilities | -2,500,000 | -12,700,000 | 22,700,000 | -2,400,000 | -18,200,000 | -400,000 | -4,600,000 | -3,600,000 | ||||||||||||||||||||||||||
income taxes | 500,000 | 2,500,000 | -3,700,000 | -2,000,000 | 44,700,000 | -6,600,000 | -33,900,000 | 52,900,000 | -42,000,000 | |||||||||||||||||||||||||
net cash from operating activities | -21,200,000 | 16,000,000 | -21,600,000 | -21,600,000 | 9,100,000 | -12,000,000 | -31,900,000 | -10,200,000 | -36,000,000 | -33,300,000 | -19,900,000 | -14,900,000 | -19,700,000 | -18,300,000 | -53,800,000 | -94,500,000 | -38,500,000 | -34,500,000 | -74,400,000 | -73,200,000 | 6,000,000 | 77,000,000 | -109,600,000 | -47,000,000 | -34,300,000 | -45,100,000 | -14,600,000 | -30,500,000 | 6,000,000 | 25,900,000 | -1,300,000 | -36,200,000 | -11,300,000 | 20,700,000 |
capital expenditures | -1,800,000 | -4,000,000 | -2,500,000 | -2,000,000 | -1,900,000 | -2,400,000 | -1,700,000 | -1,600,000 | -1,300,000 | -3,000,000 | -2,300,000 | -2,200,000 | -2,500,000 | -4,100,000 | -2,600,000 | -3,600,000 | -4,000,000 | -6,000,000 | -2,800,000 | -3,000,000 | -1,900,000 | -4,000,000 | -2,100,000 | -2,600,000 | -13,600,000 | -9,300,000 | -8,700,000 | -7,100,000 | -3,200,000 | -5,300,000 | -4,100,000 | -3,100,000 | -3,100,000 | -10,600,000 |
free cash flows | -23,000,000 | 12,000,000 | -24,100,000 | -23,600,000 | 7,200,000 | -14,400,000 | -33,600,000 | -11,800,000 | -37,300,000 | -36,300,000 | -22,200,000 | -17,100,000 | -22,200,000 | -22,400,000 | -56,400,000 | -98,100,000 | -42,500,000 | -40,500,000 | -77,200,000 | -76,200,000 | 4,100,000 | 73,000,000 | -111,700,000 | -49,600,000 | -47,900,000 | -54,400,000 | -23,300,000 | -37,600,000 | 2,800,000 | 20,600,000 | -5,400,000 | -39,300,000 | -14,400,000 | 10,100,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||
additions to property and equipment and other intangible assets | -1,800,000 | -4,000,000 | -2,500,000 | -2,000,000 | -1,900,000 | -2,400,000 | -1,700,000 | -1,600,000 | -1,300,000 | -3,000,000 | -2,300,000 | -2,200,000 | -2,500,000 | -4,100,000 | -2,600,000 | -3,600,000 | -4,000,000 | -6,000,000 | -2,800,000 | -3,000,000 | -1,900,000 | -4,000,000 | -2,100,000 | -2,600,000 | -13,600,000 | -9,300,000 | -8,700,000 | -7,100,000 | -3,200,000 | |||||
proceeds from sales of property and equipment | 0 | 0 | 1,700,000 | 3,300,000 | 2,400,000 | 1,000,000 | 0 | 4,900,000 | 5,400,000 | 7,300,000 | 8,500,000 | 2,900,000 | 0 | 1,800,000 | 1,400,000 | |||||||||||||||||||
proceeds from sale of investments in unconsolidated affiliates and other long term investments | 0 | 100,900,000 | 800,000 | 28,100,000 | 144,500,000 | |||||||||||||||||||||||||||||
additional investments in unconsolidated affiliates | -400,000 | -92,500,000 | 0 | -30,100,000 | -1,700,000 | 0 | -33,900,000 | -65,900,000 | -55,800,000 | -40,300,000 | 29,900,000 | -3,300,000 | -35,100,000 | -80,600,000 | -226,200,000 | |||||||||||||||||||
purchases of other long-term investments | -2,100,000 | -31,000,000 | -15,000,000 | -1,900,000 | -1,900,000 | -1,900,000 | -1,700,000 | -700,000 | ||||||||||||||||||||||||||
proceeds from sale and maturity of short-term investment securities | 0 | 0 | 0 | 6,200,000 | 2,700,000 | 0 | 36,900,000 | 34,400,000 | 14,100,000 | 45,600,000 | ||||||||||||||||||||||||
net cash from investing activities | -1,800,000 | 24,300,000 | 416,300,000 | 84,500,000 | -7,000,000 | -8,800,000 | 54,600,000 | 58,000,000 | 194,500,000 | 86,700,000 | 17,400,000 | -6,600,000 | -44,400,000 | -41,100,000 | 360,600,000 | 135,900,000 | 65,800,000 | 165,300,000 | -155,700,000 | 800,000 | -282,800,000 | 249,700,000 | -407,200,000 | 52,000,000 | 31,300,000 | 265,700,000 | 97,900,000 | 94,000,000 | -481,800,000 | 205,800,000 | -18,400,000 | 5,700,000 | -6,400,000 | -210,000,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||
borrowings | 200,000 | 41,500,000 | -1,700,000 | 2,300,000 | 102,800,000 | 100,000 | 300,000 | 54,500,000 | 2,400,000 | 5,400,000 | 2,700,000 | 154,700,000 | 151,000,000 | 199,800,000 | 2,100,000 | 4,600,000 | 2,000,000 | 22,500,000 | 12,500,000 | 101,900,000 | -100,000 | 262,200,000 | 0 | 0 | 100,000 | 9,600,000 | ||||||||
debt service payments | -600,000 | -700,000 | -141,300,000 | -200,000 | -500,000 | -800,000 | -400,000 | -1,600,000 | -26,100,000 | -900,000 | -55,500,000 | -1,000,000 | -1,000,000 | -10,900,000 | -500,000 | -61,500,000 | -152,300,000 | -215,200,000 | -2,200,000 | -10,000,000 | -9,000,000 | -14,500,000 | -2,000,000 | -1,100,000 | -91,200,000 | -77,300,000 | -101,800,000 | -110,700,000 | -1,000,000 | 0 | -200,000 | -100,000 | -123,800,000 | -3,300,000 |
other activity in non-controlling interests | -100,000 | 0 | -100,000 | |||||||||||||||||||||||||||||||
payment for vested shares withheld for taxes and in treasury | -1,200,000 | 0 | 0 | -1,600,000 | -2,800,000 | 0 | -600,000 | 0 | 0 | -100,000 | ||||||||||||||||||||||||
dividends paid | -6,900,000 | -8,000,000 | -7,800,000 | -7,600,000 | -7,400,000 | |||||||||||||||||||||||||||||
treasury stock repurchases | -14,700,000 | -119,700,000 | 200,000 | -51,000,000 | -52,000,000 | -3,100,000 | -33,900,000 | -84,700,000 | -61,100,000 | -8,500,000 | 0 | -3,600,000 | -10,800,000 | |||||||||||||||||||||
net cash from financing activities | -23,300,000 | -92,100,000 | -227,600,000 | -122,400,000 | -7,400,000 | -8,400,000 | 92,300,000 | -240,400,000 | -26,400,000 | -5,300,000 | -52,100,000 | -50,600,000 | 1,200,000 | -64,000,000 | -36,300,000 | 8,500,000 | -62,400,000 | -279,200,000 | 189,000,000 | -96,100,000 | -4,100,000 | -7,900,000 | 0 | 473,400,000 | -86,400,000 | 159,900,000 | -3,800,000 | -111,000,000 | 274,000,000 | 33,500,000 | -200,000 | 4,000,000 | -123,700,000 | 99,400,000 |
net decrease in cash and cash equivalents | -46,300,000 | -62,900,000 | -35,100,000 | -280,900,000 | -89,400,000 | 79,500,000 | -47,500,000 | -201,800,000 | ||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 182,000,000 | 0 | 0 | 0 | 131,500,000 | 0 | 0 | 0 | 106,200,000 | 0 | 0 | 0 | 247,700,000 | 0 | 0 | 0 | 85,800,000 | 0 | 0 | 724,700,000 | 0 | 0 | 533,700,000 | 0 | 0 | 323,000,000 | 0 | 0 | 245,600,000 | |||||
cash and cash equivalents at end of period | 135,700,000 | -51,800,000 | 167,100,000 | -59,500,000 | 126,200,000 | -29,200,000 | 115,000,000 | -192,600,000 | 238,300,000 | 48,100,000 | -54,600,000 | -72,100,000 | 184,800,000 | -123,400,000 | 270,500,000 | 49,900,000 | 50,700,000 | -37,000,000 | -168,500,000 | 439,700,000 | -516,800,000 | 478,400,000 | 444,300,000 | 79,500,000 | -47,500,000 | 121,200,000 | 265,200,000 | -19,900,000 | -26,500,000 | 104,200,000 | -89,900,000 | |||
recognized losses and impairments of assets | ||||||||||||||||||||||||||||||||||
stock-based compensation cost | 400,000 | 300,000 | 400,000 | 700,000 | 600,000 | 700,000 | 900,000 | 1,200,000 | 1,000,000 | 1,100,000 | 1,300,000 | 1,400,000 | 1,000,000 | 900,000 | 800,000 | 400,000 | 20,200,000 | 400,000 | ||||||||||||||||
net loss from discontinued operations - see note q | ||||||||||||||||||||||||||||||||||
changes in assets and liabilities, net of effects from acquisitions: | ||||||||||||||||||||||||||||||||||
accounts payable, accrued liabilities, deferred revenue and other | ||||||||||||||||||||||||||||||||||
proceeds from sales of dayforce shares | 0 | 56,000,000 | 30,900,000 | 177,100,000 | ||||||||||||||||||||||||||||||
proceeds from partial sale of d&b shares | 0 | 0 | ||||||||||||||||||||||||||||||||
proceeds from partial sale of alight shares | ||||||||||||||||||||||||||||||||||
proceeds from other sales of investments in unconsolidated affiliates, equity securities and other long- term investments | ||||||||||||||||||||||||||||||||||
proceeds from the sale of property and equipment | ||||||||||||||||||||||||||||||||||
purchases of investments in unconsolidated affiliates | ||||||||||||||||||||||||||||||||||
purchase of other long-term investments | ||||||||||||||||||||||||||||||||||
purchases of short-term investment securities | 0 | 0 | 0 | -64,600,000 | -11,300,000 | -10,500,000 | ||||||||||||||||||||||||||||
borrowings, net of debt issuance costs | ||||||||||||||||||||||||||||||||||
subsidiary distributions paid to noncontrolling interest shareholders | -200,000 | -600,000 | -3,500,000 | -200,000 | 300,000 | -300,000 | 0 | -200,000 | -400,000 | -300,000 | ||||||||||||||||||||||||
payment for shares withheld for taxes and in treasury | ||||||||||||||||||||||||||||||||||
dividend paid | ||||||||||||||||||||||||||||||||||
purchases of treasury stock | ||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -51,800,000 | -5,300,000 | -29,200,000 | 132,100,000 | 48,100,000 | -54,600,000 | -123,400,000 | 270,500,000 | 265,200,000 | -19,900,000 | -26,500,000 | -141,400,000 | -89,900,000 | |||||||||||||||||||||
proceeds from sale of investment securities and other investments in unconsolidated affiliates | ||||||||||||||||||||||||||||||||||
proceeds from sales of d&b shares | ||||||||||||||||||||||||||||||||||
proceeds from sale of investments in unconsolidated affiliates | 89,500,000 | 13,600,000 | ||||||||||||||||||||||||||||||||
purchases of other long term investments | -2,000,000 | -7,600,000 | -14,700,000 | -23,400,000 | -100,000 | -3,900,000 | -13,500,000 | -1,400,000 | -1,900,000 | -1,500,000 | ||||||||||||||||||||||||
non-cash carried interest expense | 0 | 0 | 0 | 31,800,000 | ||||||||||||||||||||||||||||||
net decrease in other assets | 3,000,000 | 11,900,000 | -15,200,000 | 1,200,000 | 10,700,000 | 5,100,000 | -8,700,000 | 4,100,000 | 27,200,000 | |||||||||||||||||||||||||
net decrease in accounts payable, accrued liabilities, deferred revenue and other | 7,600,000 | 2,000,000 | -9,600,000 | 8,300,000 | -12,300,000 | -16,400,000 | ||||||||||||||||||||||||||||
net decrease in lease liabilities | -6,100,000 | -5,100,000 | 0 | -6,300,000 | -6,100,000 | -5,000,000 | -6,200,000 | -6,000,000 | -6,700,000 | -6,000,000 | -6,900,000 | -7,200,000 | -8,200,000 | -13,900,000 | -11,000,000 | -11,100,000 | -10,900,000 | |||||||||||||||||
net change in income taxes | 1,500,000 | 11,300,000 | -8,500,000 | -130,700,000 | -62,400,000 | -62,600,000 | -63,300,000 | -15,700,000 | -62,400,000 | 132,600,000 | -58,600,000 | 131,100,000 | 169,100,000 | -18,500,000 | 6,600,000 | -15,400,000 | -5,300,000 | 17,700,000 | -3,400,000 | 2,100,000 | -4,900,000 | 18,300,000 | ||||||||||||
proceeds from sale of amerilife | ||||||||||||||||||||||||||||||||||
proceeds from optimal blue disposition, cash portion | ||||||||||||||||||||||||||||||||||
proceeds from sale of corrohealth | 0 | |||||||||||||||||||||||||||||||||
collections of notes receivable | 0 | 0 | 0 | 1,200,000 | 0 | 1,600,000 | ||||||||||||||||||||||||||||
investment in system1 | 0 | 0 | 0 | -246,500,000 | ||||||||||||||||||||||||||||||
other acquisitions/disposals of businesses, net of cash acquired/disposed | ||||||||||||||||||||||||||||||||||
recognized gains and asset impairments | 8,800,000 | |||||||||||||||||||||||||||||||||
adjustments to reconcile net earnings to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
proceeds from sale of d&b shares | ||||||||||||||||||||||||||||||||||
proceeds from sales of vibsq, legendary baking and rci | ||||||||||||||||||||||||||||||||||
investment in paysafe, net of subscription fees earned | ||||||||||||||||||||||||||||||||||
investment in alight, net of subscription fees earned | ||||||||||||||||||||||||||||||||||
investment in sightline | ||||||||||||||||||||||||||||||||||
purchases of investments in unconsolidated affiliates and other investments | ||||||||||||||||||||||||||||||||||
purchase of other long term investments | ||||||||||||||||||||||||||||||||||
additions to notes receivable | 0 | -6,100,000 | 0 | -12,500,000 | -8,400,000 | -13,200,000 | -4,500,000 | -11,200,000 | ||||||||||||||||||||||||||
net other investing activities | 0 | 0 | -700,000 | 500,000 | -100,000 | -600,000 | 100,000 | 200,000 | 400,000 | |||||||||||||||||||||||||
proceeds from sales of ceridian shares | 46,600,000 | 0 | 78,000,000 | |||||||||||||||||||||||||||||||
proceeds from partial sale of amerilife | ||||||||||||||||||||||||||||||||||
net decrease in accounts payable, accrued liabilities, deferred revenue and other liabilities | -2,800,000 | -22,000,000 | ||||||||||||||||||||||||||||||||
net purchases of short-term investment securities | -70,100,000 | -14,900,000 | 3,800,000 | -21,100,000 | ||||||||||||||||||||||||||||||
net earnings | -111,800,000 | -118,500,000 | 177,700,000 | -233,800,000 | 527,600,000 | 128,000,000 | 466,100,000 | 638,100,000 | 6,200,000 | 23,600,000 | 15,000,000 | 2,000,000 | 25,200,000 | -8,500,000 | -10,200,000 | |||||||||||||||||||
net increase in accounts payable, accrued liabilities, deferred revenue and other | 13,700,000 | 6,200,000 | 12,000,000 | |||||||||||||||||||||||||||||||
cash acquired upon acquisition of legendary baking and vibsq | ||||||||||||||||||||||||||||||||||
net (purchases of) proceeds from sales and maturities of, short term investments | ||||||||||||||||||||||||||||||||||
investments in dun & bradstreet, net of capitalized syndication fees | 0 | |||||||||||||||||||||||||||||||||
investment in optimal blue | 0 | |||||||||||||||||||||||||||||||||
cash deconsolidated at the inception of the blue ribbon reorganization | ||||||||||||||||||||||||||||||||||
equity offering proceeds, net of offering costs | ||||||||||||||||||||||||||||||||||
sale of noncontrolling interest in consolidated subsidiary | 0 | 0 | 600,000 | 3,100,000 | 0 | 0 | ||||||||||||||||||||||||||||
net decrease in trade receivables | 4,500,000 | -7,800,000 | -1,500,000 | -1,000,000 | 8,700,000 | 3,000,000 | -1,300,000 | -3,700,000 | 20,200,000 | 2,600,000 | -6,600,000 | 5,600,000 | ||||||||||||||||||||||
proceeds from partial sale of ceridian shares | 0 | 112,400,000 | 173,300,000 | 100,000,000 | ||||||||||||||||||||||||||||||
investments in alight, net of subscription fees earned | 0 | |||||||||||||||||||||||||||||||||
investments in sightline | 0 | |||||||||||||||||||||||||||||||||
purchase of aaii warrants | ||||||||||||||||||||||||||||||||||
cash proceeds from settlement of fixed maturity securities and equity in colt | 0 | |||||||||||||||||||||||||||||||||
cash proceeds from sales of vibsq, legendary baking, and rci | ||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated affiliates | 108,000,000 | -31,900,000 | -41,400,000 | |||||||||||||||||||||||||||||||
net increase in accounts payable, accrued liabilities, deferred revenue and other liabilities | -35,300,000 | 24,500,000 | -800,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents classified as held for sale | ||||||||||||||||||||||||||||||||||
proceeds from the sale of investments in unconsolidated affiliates, equity securities and other investments | ||||||||||||||||||||||||||||||||||
cash acquired upon acquisition of legendary baking and vibsq - see note i | ||||||||||||||||||||||||||||||||||
net proceeds from sales and maturities of short term investments | ||||||||||||||||||||||||||||||||||
cash proceeds from the contribution of t-system to corrohealth, net of cash transferred | ||||||||||||||||||||||||||||||||||
investments in paysafe, net of subscription fees earned | -20,300,000 | |||||||||||||||||||||||||||||||||
equity offering proceeds, net of capitalized costs | ||||||||||||||||||||||||||||||||||
proceeds from restaurant group sale and leaseback of corporate office, net of issuance costs | ||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period, including cash of discontinued operations | 0 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period, including cash of discontinued operations | ||||||||||||||||||||||||||||||||||
proceeds from sale of other investments in unconsolidated affiliates and other long term investments | ||||||||||||||||||||||||||||||||||
investment in dun & bradstreet | ||||||||||||||||||||||||||||||||||
purchase of warrants of austerlitz ii | 0 | 0 | -29,600,000 | |||||||||||||||||||||||||||||||
cash deconsolidated through the blue ribbon reorganization | ||||||||||||||||||||||||||||||||||
proceeds from equity offering, net of offering costs | ||||||||||||||||||||||||||||||||||
proceeds from sale of investment securities and investments in unconsolidated affiliates | 0 | 2,500,000 | 1,700,000 | |||||||||||||||||||||||||||||||
investments in paysafe, net of subscription fees | 0 | -494,400,000 | ||||||||||||||||||||||||||||||||
funding of alight subscription agreement and ftac fpa - see note a | ||||||||||||||||||||||||||||||||||
cash and cash equivalents classified as held for sale - see note j | ||||||||||||||||||||||||||||||||||
recognized gains and losses and asset impairments | 312,400,000 | |||||||||||||||||||||||||||||||||
net proceeds from sales and maturities of short-term investment securities | -300,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents of lb and vibsq classified as held for sale - see note j | -4,100,000 | |||||||||||||||||||||||||||||||||
recognized gains and losses | ||||||||||||||||||||||||||||||||||
loss on sale of consolidated subsidiaries | ||||||||||||||||||||||||||||||||||
impairments of assets | ||||||||||||||||||||||||||||||||||
proceeds from sales of equity securities | ||||||||||||||||||||||||||||||||||
proceeds from sale of ceridian shares | ||||||||||||||||||||||||||||||||||
proceeds from sale of lifeworks | ||||||||||||||||||||||||||||||||||
purchases of investment securities | ||||||||||||||||||||||||||||||||||
other investments in unconsolidated affiliates | -12,300,000 | |||||||||||||||||||||||||||||||||
proceeds from the sale of other investments | ||||||||||||||||||||||||||||||||||
net proceeds from (purchases of) short term investments | ||||||||||||||||||||||||||||||||||
holdback proceeds received from sale of onedigital | ||||||||||||||||||||||||||||||||||
net increase in inventory, prepaid expenses and other assets | -4,600,000 | -20,600,000 | -10,900,000 | -5,500,000 | -10,100,000 | -2,200,000 | -400,000 | -8,000,000 | ||||||||||||||||||||||||||
proceeds from partial sale of ceridian shares - see note a | 0 | 238,300,000 | 283,700,000 | |||||||||||||||||||||||||||||||
cash deconsolidated through the blue ribbon reorganization - see note a | 0 | 0 | -1,100,000 | |||||||||||||||||||||||||||||||
proceeds from equity offering, net of offering expenses | 0 | |||||||||||||||||||||||||||||||||
realized and other gains and losses and asset impairments | -579,300,000 | -902,000,000 | ||||||||||||||||||||||||||||||||
net (purchases of) proceeds from sales and maturities of short-term investment securities | ||||||||||||||||||||||||||||||||||
realized gains | ||||||||||||||||||||||||||||||||||
impairment of assets | ||||||||||||||||||||||||||||||||||
net decrease in inventory, prepaid expenses and other assets | -31,400,000 | 6,500,000 | ||||||||||||||||||||||||||||||||
proceeds from sale of equity securities | ||||||||||||||||||||||||||||||||||
investments in unconsolidated affiliates | ||||||||||||||||||||||||||||||||||
acquisition of t-system, net of cash acquired | ||||||||||||||||||||||||||||||||||
cash proceeds from the t-system contribution, net of cash transferred - see note a | ||||||||||||||||||||||||||||||||||
proceeds from sale of onedigital | 0 | |||||||||||||||||||||||||||||||||
proceeds from fnf investment | ||||||||||||||||||||||||||||||||||
payment of contingent consideration for prior period acquisitions | 0 | |||||||||||||||||||||||||||||||||
proceeds from blue ribbon sale and leaseback of corporate office, net of issuance costs - see note a | ||||||||||||||||||||||||||||||||||
equity transactions with parent | -6,600,000 | |||||||||||||||||||||||||||||||||
realized gains and asset impairments | -88,300,000 | -63,000,000 | -1,400,000 | |||||||||||||||||||||||||||||||
proceeds from ceridian share sales - see note a | ||||||||||||||||||||||||||||||||||
investments in dun & bradstreet, net of capitalized syndication fees - see note d | 0 | |||||||||||||||||||||||||||||||||
net proceeds from sales and maturities of (cash paid for purchases of) short-term investment securities | 1,500,000 | 10,400,000 | 19,200,000 | |||||||||||||||||||||||||||||||
proceeds from abrh sale and leaseback of corporate office, net of issuance costs- see note a | 0 | |||||||||||||||||||||||||||||||||
proceeds from ceridian share sale - see note a | ||||||||||||||||||||||||||||||||||
noncash lease expense | 9,900,000 | |||||||||||||||||||||||||||||||||
dun & bradstreet investment, net of capitalized syndication fees - see note d | -502,700,000 | |||||||||||||||||||||||||||||||||
proceeds from abrh sale and leaseback of corporate offices, net of issuance costs- see note a | 13,200,000 | |||||||||||||||||||||||||||||||||
realized gains, net, excluding asset impairments | ||||||||||||||||||||||||||||||||||
gain on sale of onedigital | 0 | |||||||||||||||||||||||||||||||||
net increase in trade receivables | ||||||||||||||||||||||||||||||||||
additions to property and equipment | -5,300,000 | -4,100,000 | -3,100,000 | -3,100,000 | -10,600,000 | |||||||||||||||||||||||||||||
additions to other intangible assets | 0 | |||||||||||||||||||||||||||||||||
contributions to investments in unconsolidated affiliates | 0 | |||||||||||||||||||||||||||||||||
net purchases of short term investments | ||||||||||||||||||||||||||||||||||
acquisition of brasada, net of cash acquired | ||||||||||||||||||||||||||||||||||
proceeds from sale of investment securities | 0 | 0 | 17,700,000 | |||||||||||||||||||||||||||||||
purchases of investment securities available for sale | 0 | |||||||||||||||||||||||||||||||||
proceeds from the sale of investments in unconsolidated affiliates and other long term investments | ||||||||||||||||||||||||||||||||||
other acquisitions of businesses, net of cash acquired | ||||||||||||||||||||||||||||||||||
realized loss and asset impairments | -62,400,000 | 1,000,000 | ||||||||||||||||||||||||||||||||
proceeds from the sale of investments in unconsolidated affiliates | ||||||||||||||||||||||||||||||||||
distributions from unconsolidated affiliates | 900,000 | |||||||||||||||||||||||||||||||||
subsidiary stock-based compensation cost | 100,000 | |||||||||||||||||||||||||||||||||
proceeds from sale of investment securities available for sale | 0 | |||||||||||||||||||||||||||||||||
proceeds from the sale of cost method and other investments | ||||||||||||||||||||||||||||||||||
proceeds from sale of cascade timberlands, llc | ||||||||||||||||||||||||||||||||||
other acquisitions/disposals of businesses, net of cash acquired | ||||||||||||||||||||||||||||||||||
proceeds from sale of cascades paid to noncontrolling interest shareholders | ||||||||||||||||||||||||||||||||||
realized loss and operating impairments |
