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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Retained earnings (deficit)
Total stockholders’ equity
Non- controlling interests
Consolidated Entity Excluding Consolidated Funds
Common Stock
Consolidated Entity Excluding Consolidated Funds
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
Consolidated Entity Excluding Consolidated Funds
Non- controlling interests
Consolidated Funds
Non- controlling interests
Beginning balance (in shares) at Dec. 31, 2020         79.4            
Beginning balance at Dec. 31, 2020 $ 384.4       $ 0.1 $ 492.4 $ (176.5) $ (13.6) $ 302.4 $ 1.7 $ 80.3
Increase (Decrease) in Stockholders' Equity                      
Net de-consolidation of Funds (178.0)                    
Ending balance (in shares) at Mar. 31, 2021         79.4            
Ending balance at Mar. 31, 2021 430.0       $ 0.1 492.8 (150.3) (11.9) 330.7 5.6 93.7
Beginning balance (in shares) at Dec. 31, 2020         79.4            
Beginning balance at Dec. 31, 2020 384.4       $ 0.1 492.4 (176.5) (13.6) 302.4 1.7 80.3
Increase (Decrease) in Stockholders' Equity                      
Issuance of common stock 0.1         0.1     0.1    
Capital contributions 33.5                 3.8 29.7
Equity-based compensation 0.9         0.9     0.9    
Foreign currency translation adjustment 1.2             1.2 1.2    
Amortization related to derivatives securities, net of tax 1.2             1.2 1.2    
Other changes in non-controlling interests (5.5)                 (5.5)  
Net de-consolidation of Funds                     (178.0)
Dividends (1.6)           (1.6)   (1.6)    
Net income 627.7           559.7   559.7   68.0
Ending balance (in shares) at Jun. 30, 2021         79.4            
Ending balance at Jun. 30, 2021 863.9       $ 0.1 493.4 381.6 (11.2) 863.9 0.0 0.0
Beginning balance (in shares) at Mar. 31, 2021         79.4            
Beginning balance at Mar. 31, 2021 430.0       $ 0.1 492.8 (150.3) (11.9) 330.7 5.6 93.7
Increase (Decrease) in Stockholders' Equity                      
Issuance of common stock 0.1         0.1     0.1    
Capital contributions 29.7                   29.7
Equity-based compensation 0.5         0.5     0.5    
Foreign currency translation adjustment 0.1             0.1 0.1    
Amortization related to derivatives securities, net of tax 0.6             0.6 0.6    
Other changes in non-controlling interests (5.6)                 (5.6)  
Net de-consolidation of Funds (178.0)     $ (178.0)              
Dividends (0.8) $ (0.8) $ (0.8)                
Net income 587.3           532.7   532.7   54.6
Ending balance (in shares) at Jun. 30, 2021         79.4            
Ending balance at Jun. 30, 2021 863.9       $ 0.1 493.4 381.6 (11.2) 863.9 0.0 0.0
Beginning balance (in shares) at Dec. 31, 2021         45.4            
Beginning balance at Dec. 31, 2021 (17.6)       $ 0.0 0.0 (6.8) (10.8) (17.6) 0.0 0.0
Increase (Decrease) in Stockholders' Equity                      
Issuance of common stock (in shares)         0.2            
Repurchase of common stock (in shares)         (4.2)            
Repurchase of common stock (103.2)           (103.2)   (103.2)    
Equity-based compensation 1.4         1.4     1.4    
Foreign currency translation adjustment (3.1)             (3.1) (3.1)    
Amortization related to derivatives securities, net of tax 2.2             2.2 2.2    
Withholding tax related to stock option exercise (2.3)         (0.9) (1.4)   (2.3)    
Dividends (0.8)           (0.8)   (0.8)    
Net income 52.4           52.4   52.4    
Ending balance (in shares) at Jun. 30, 2022         41.4            
Ending balance at Jun. 30, 2022 (71.0)       $ 0.0 0.5 (59.8) (11.7) (71.0) 0.0 0.0
Beginning balance (in shares) at Mar. 31, 2022         41.4            
Beginning balance at Mar. 31, 2022 (97.9)       $ 0.0 0.0 (88.0) (9.9) (97.9) 0.0 0.0
Increase (Decrease) in Stockholders' Equity                      
Equity-based compensation 0.5         0.5     0.5    
Foreign currency translation adjustment (2.4)             (2.4) (2.4)    
Amortization related to derivatives securities, net of tax 0.6             0.6 0.6    
Dividends (0.4)           (0.4)   (0.4)    
Net income 28.6           28.6   28.6    
Ending balance (in shares) at Jun. 30, 2022         41.4            
Ending balance at Jun. 30, 2022 $ (71.0)       $ 0.0 $ 0.5 $ (59.8) $ (11.7) $ (71.0) $ 0.0 $ 0.0