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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue By Source
In the following table, revenue is disaggregated by source (in millions):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Net operating fees
 
$
266.6

 
$
220.1

 
$
760.8

 
$
529.4

Incentive fees
 
12.3

 
8.9

 
41.9

 
26.8

Other
 
22.3

 
21.4

 
69.4

 
49.4

Net services revenue
 
$
301.2

 
$
250.4

 
$
872.1

 
$
605.6


Schedule of Assets and Liabilities
Significant changes in the contract assets and the contract liabilities balances are as follows (in millions):
 
 
Nine Months Ended September 30, 2019
 
Nine Months Ended September 30, 2018
 
 
Contract assets
 
Contract liabilities
 
Contract assets
 
Contract liabilities
Revenue recognized that was included in the contract liability balance at the beginning of the period
 
$

 
$
69.0

 
$

 
$
51.1

Increases due to cash received, excluding amounts recognized as revenue during the period
 

 
1.6

 

 
6.5

Acquisitions
 

 

 
1.3

 
1.9



The following table provides information about contract assets and contract liabilities from contracts with customers (in millions):
 
 
September 30, 2019
 
December 31, 2018
Contract assets
 
$
1.9

 
$
1.2

Contract liabilities
 
24.2

 
22.3


Schedule of Transaction Price Allocated to the Remaining Performance Obligation
The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period (in millions). The estimated revenue does not include amounts of variable consideration that are constrained.
 
Net operating fees
 
Incentive fees
2019
$
28.3

 
$
10.1

2020
36.1

 
19.0

2021
18.1

 

2022
8.8

 

Thereafter
15.4

 

Total
$
106.7

 
$
29.1