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Condensed Consolidated Statements of Financial Conditions
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Current assets:    
Cash and cash equivalents $ 77.1 $ 75.1
Financial investments:    
Trading investments, at fair value 0.5 0.5
Available-for-sale investments, at fair value 39.7 47.2
Accounts receivable, net, including $41.3 and $40.3 from related parties at March 31, 2016 and December 31, 2015, respectively 149.6 131.0
Income taxes receivable   16.0
Other receivables 4.6 5.4
Prepaid expenses 5.9 5.1
Total current assets 277.4 280.3
Property and equipment, net 26.6 29.6
Goodwill 735.7 741.3
Intangible assets, net 231.1 239.0
Deferred income taxes, net   0.6
Investment in EuroCCP 11.7 11.4
Other assets 4.5 4.8
Total assets 1,287.0 1,307.0
Current liabilities:    
Accounts payable and accrued liabilities, including $15.2 to related parties at both March 31, 2016 and December 31, 2015 91.8 72.9
Section 31 fees payable 78.4 93.0
Current portion of long-term debt 84.2 83.9
Current portion of contingent consideration liability to related party 6.6 6.6
Total current liabilities 261.0 256.4
Long-term debt, less current portion 552.6 593.7
Contingent consideration liability to related party, less current portion 53.1 58.8
Unrecognized tax benefits 7.7 8.0
Deferred income taxes 1.1 7.4
Other liabilities $ 2.9 $ 2.8
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value. 362,500,000 voting and 29,000,000 non-voting shares authorized at March 31, 2016 and December 31, 2015; 75,679,753 voting and 21,146,136 non-voting shares issued at March 31, 2016; 74,991,528 voting and 21,146,136 non-voting shares issued at December 31, 2015 $ 1.0 $ 1.0
Common stock in treasury, at cost, 462,879 and 458,237 voting shares at March 31, 2016 and December 31, 2015, respectively (6.6) (6.5)
Additional paid-in capital 272.4 270.6
Retained earnings 155.1 125.0
Accumulated other comprehensive loss, net (13.3) (10.2)
Total stockholders' equity 408.6 379.9
Total liabilities and stockholders' equity $ 1,287.0 $ 1,307.0
Stockholders' Equity Note, Stock Split, Conversion Ratio 0.3436 0.3436