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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Consolidated Funds
Common Stock
Consolidated Entity Excluding Consolidated Funds
Additional paid-in capital
Additional paid-in capital
Consolidated Entity Excluding Consolidated Funds
Retained earnings (deficit)
Consolidated Entity Excluding Consolidated Funds
Accumulated other comprehensive income (loss)
Consolidated Entity Excluding Consolidated Funds
Total stockholders’ equity
Total stockholders’ equity
Consolidated Entity Excluding Consolidated Funds
Non- controlling interests
Consolidated Entity Excluding Consolidated Funds
Non- controlling interests
Consolidated Funds
Beginning balance (in shares) at Dec. 31, 2018     105.2                
Beginning balance at Dec. 31, 2018 $ 134.2   $ 0.1   $ 764.6 $ (640.5) $ (20.9)   $ 103.3 $ 1.6 $ 29.3
Increase (Decrease) in Stockholders' Equity                      
Issuance of common stock (in shares)     0.2                
Repurchase of common stock (in shares)     (16.6)                
Repurchase of common stock (209.3)       (209.3)       (209.3)    
Capital contributions (redemptions) 4.9 $ 36.3                 4.9
Equity-based compensation 5.1       5.1       5.1    
Foreign currency translation adjustment (0.9)           (0.9)   (0.9)    
Amortization related to derivative securities, net of tax 1.8           1.8   1.8    
Other changes in non-controlling interests 0.3                 0.3  
Dividends (27.3)         (27.3)     (27.3)    
Net income attributable to controlling interests 156.1                    
Net income (loss) 162.0         156.1     156.1   5.9
Ending balance (in shares) at Sep. 30, 2019     88.8                
Ending balance at Sep. 30, 2019 70.8   $ 0.1   560.4 (511.7) (20.0)   28.8 1.9 40.1
Beginning balance at Dec. 31, 2018   41.9                  
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                      
Capital contributions (redemptions) 4.9 36.3                 4.9
Net income (loss)   3.7                  
Ending balance at Sep. 30, 2019   81.9                  
Beginning balance at Dec. 31, 2018 176.1                    
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                      
Issuance of common stock 0.0                    
Repurchase of common stock (209.3)                    
Capital contributions (redemptions) 41.2                    
Equity-based compensation 5.1                    
Foreign currency translation adjustment (0.9)                    
Amortization related to derivative securities, net of tax 1.8                    
Other changes in non-controlling interests 0.3                 0.3  
Dividends (27.3)                    
Net income (loss) 165.7                    
Ending balance at Sep. 30, 2019 152.7                    
Beginning balance (in shares) at Jun. 30, 2019     91.6                
Beginning balance at Jun. 30, 2019 21.8   $ 0.1   585.2 (578.2) (19.8)   (12.7) 1.8 32.7
Increase (Decrease) in Stockholders' Equity                      
Repurchase of common stock (in shares)     (2.8)                
Repurchase of common stock (25.5)       (25.5)       (25.5)    
Capital contributions (redemptions) 0.9 (1.0)                 0.9
Equity-based compensation 0.7       0.7       0.7    
Foreign currency translation adjustment (0.8)           (0.8)   (0.8)    
Amortization related to derivative securities, net of tax 0.6           0.6   0.6    
Other changes in non-controlling interests 0.1                 0.1  
Dividends (8.9)         (8.9)     (8.9)    
Net income attributable to controlling interests 75.4                    
Net income (loss) 81.9         75.4     75.4   6.5
Ending balance (in shares) at Sep. 30, 2019     88.8                
Ending balance at Sep. 30, 2019 70.8   $ 0.1   560.4 (511.7) (20.0)   28.8 1.9 40.1
Beginning balance at Jun. 30, 2019   81.8                  
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                      
Capital contributions (redemptions) 0.9 (1.0)                 0.9
Net income (loss)   1.1                  
Ending balance at Sep. 30, 2019   81.9                  
Beginning balance at Jun. 30, 2019 103.6                    
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                      
Repurchase of common stock (25.5)                    
Capital contributions (redemptions) (0.1)                    
Equity-based compensation 0.7                    
Foreign currency translation adjustment (0.8)                    
Amortization related to derivative securities, net of tax 0.6                    
Other changes in non-controlling interests 0.1                 0.1  
Dividends (8.9)                    
Net income (loss) 83.0                    
Ending balance at Sep. 30, 2019 152.7                    
Beginning balance (in shares) at Dec. 31, 2019     85.9                
Beginning balance at Dec. 31, 2019 114.5   $ 0.1   534.3 (452.5) (17.5)   64.4 1.3 48.8
Increase (Decrease) in Stockholders' Equity                      
Issuance of common stock (in shares)     0.1                
Issuance of common stock 0.2     $ 0.2       $ 0.2      
Retirement of common stock (in shares)     (0.2)                
Repurchase of common stock (in shares)     (5.7)                
Repurchase of common stock (35.3)       (35.3)       (35.3)    
Capital contributions (redemptions) 1.4 130.1                 1.4
Equity-based compensation 2.0       2.0       2.0    
Foreign currency translation adjustment (0.4)           (0.4)   (0.4)    
Amortization related to derivative securities, net of tax 1.7           1.7   1.7    
Other changes in non-controlling interests 0.1                 0.1  
Dividends (9.9)         (9.9)     (9.9)    
Net income attributable to controlling interests 88.7                    
Net income (loss) 111.5         88.7     88.7   22.8
Ending balance (in shares) at Sep. 30, 2020     80.1                
Ending balance at Sep. 30, 2020 185.8   $ 0.1   501.2 (373.7) (16.2)   111.4 1.4 73.0
Beginning balance at Dec. 31, 2019   83.9                  
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                      
Capital contributions (redemptions) 1.4 130.1                 1.4
Net de-consolidation of Funds   (126.8)                  
Net income (loss)   (1.6)                  
Ending balance at Sep. 30, 2020   85.6                  
Beginning balance at Dec. 31, 2019 198.4                    
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                      
Issuance of common stock 0.2                    
Repurchase of common stock (35.3)                    
Capital contributions (redemptions) 131.5                    
Equity-based compensation 2.0                    
Foreign currency translation adjustment (0.4)                    
Amortization related to derivative securities, net of tax 1.7                    
Other changes in non-controlling interests 0.1                 0.1  
Net de-consolidation of Funds (126.8)                    
Dividends (9.9)                    
Net income (loss) 109.9                    
Ending balance at Sep. 30, 2020 271.4                    
Beginning balance (in shares) at Jun. 30, 2020     80.1                
Beginning balance at Jun. 30, 2020 152.6   $ 0.1   500.6 (410.1) (18.2)   72.4 1.4 78.8
Increase (Decrease) in Stockholders' Equity                      
Issuance of common stock 0.2     $ 0.2       $ 0.2      
Capital contributions (redemptions) 0.3 129.7                 0.3
Equity-based compensation 0.4       0.4       0.4    
Foreign currency translation adjustment 1.4           1.4   1.4    
Amortization related to derivative securities, net of tax 0.6           0.6   0.6    
Other changes in non-controlling interests 0.0                 0.0  
Dividends (0.8)         (0.8)     (0.8)    
Net income attributable to controlling interests 37.2                    
Net income (loss) 31.1         37.2     37.2   (6.1)
Ending balance (in shares) at Sep. 30, 2020     80.1                
Ending balance at Sep. 30, 2020 185.8   $ 0.1   $ 501.2 $ (373.7) $ (16.2)   $ 111.4 1.4 73.0
Beginning balance at Jun. 30, 2020   79.9                  
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                      
Capital contributions (redemptions) 0.3 129.7                 $ 0.3
Net de-consolidation of Funds   (126.8)                  
Net income (loss)   2.8                  
Ending balance at Sep. 30, 2020   $ 85.6                  
Beginning balance at Jun. 30, 2020 232.5                    
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                      
Issuance of common stock 0.2                    
Repurchase of common stock 0.0                    
Capital contributions (redemptions) 130.0                    
Equity-based compensation 0.4                    
Foreign currency translation adjustment 1.4                    
Amortization related to derivative securities, net of tax 0.6                    
Other changes in non-controlling interests 0.0                 $ 0.0  
Net de-consolidation of Funds (126.8)                    
Dividends (0.8)                    
Net income (loss) 33.9                    
Ending balance at Sep. 30, 2020 $ 271.4