Fixed Assets, Net

3 Months Ended

Mar. 31, 2012

Fixed Assets, Net [Abstract]

Fixed Assets, Net

7. Fixed Assets, Net

The components of the Company’s fixed assets are as follows:

	As of
	March 31, 2012			December 31, 2011
	(Dollars in millions)
Furniture, fixtures and equipment	$	37.7		$	37.4
Computer hardware and software		95.0			94.8
Leasehold improvements		48.7			49.1
Total fixed assets		181.4			181.3
Less: accumulated depreciation		(129.0	)		(128.6	)
Net fixed assets	$	52.4		$	52.7

Depreciation and amortization expense of $5.5 million and $5.9 million for the three months ended March 31, 2012 and 2011, respectively, is included in general, administrative and other expenses in the condensed combined and consolidated statements of operations.