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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Accumulated other comprehensive income (loss)
Consolidated Entity Excluding Consolidated Funds
Total stockholders’ equity (deficit)
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 Funds
Beginning balance (in shares) at Dec. 31, 2023       41.4        
Beginning balance at Dec. 31, 2023   $ (6.7) $ 40.2 $ 0.0 $ 0.0 $ 46.9 $ (6.7)  
Increase (Decrease) in Stockholders' Equity                
Issuance of common stock (in shares)       0.1        
Repurchases of common stock (in shares)       (4.4)        
Repurchase of common stock     (95.7)   (0.4) (95.3)    
Equity-based compensation     0.4   0.4      
Foreign currency translation adjustment, net of tax $ 0.0              
Amortization related to derivatives securities, net of tax     1.3       1.3  
Withholding tax related to restricted stock vesting (1.8)   (1.8)     (1.8)    
Dividends     (0.8)     (0.8)    
Net income     25.6     25.6   $ 1.6
Ending balance (in shares) at Jun. 30, 2024       37.1        
Ending balance at Jun. 30, 2024   (5.4) (30.8) $ 0.0 0.0 (25.4) (5.4)  
Beginning balance at Dec. 31, 2023               9.3
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                
Capital contributions 1.1             1.1
Ending balance at Jun. 30, 2024               12.0
Beginning balance at Dec. 31, 2023 49.5              
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                
Repurchase of common stock (95.7)              
Capital contributions 1.1             1.1
Equity-based compensation 0.4              
Amortization related to derivative securities, net of tax 1.3              
Withholding tax related to restricted stock vesting (1.8)   (1.8)     (1.8)    
Dividends (0.8)              
Net income 27.2              
Ending balance at Jun. 30, 2024 (18.8)              
Beginning balance (in shares) at Mar. 31, 2024       38.0        
Beginning balance at Mar. 31, 2024   (6.2) (21.7) $ 0.0 0.0 (15.5) (6.2)  
Increase (Decrease) in Stockholders' Equity                
Repurchases of common stock (in shares)       (0.9)        
Repurchase of common stock     (20.7)   (0.2) (20.5)    
Equity-based compensation     0.2   0.2      
Foreign currency translation adjustment, net of tax 0.2   0.2       0.2  
Amortization related to derivatives securities, net of tax     0.6       0.6  
Dividends     (0.4)     (0.4)    
Net income     11.0     11.0   0.5
Ending balance (in shares) at Jun. 30, 2024       37.1        
Ending balance at Jun. 30, 2024   (5.4) (30.8) $ 0.0 0.0 (25.4) (5.4)  
Beginning balance at Mar. 31, 2024               11.5
Ending balance at Jun. 30, 2024               12.0
Beginning balance at Mar. 31, 2024 (10.2)              
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                
Repurchase of common stock (20.7)              
Equity-based compensation 0.2              
Foreign currency translation adjustment, net of tax 0.2              
Amortization related to derivative securities, net of tax 0.6              
Dividends (0.4)              
Net income 11.5              
Ending balance at Jun. 30, 2024 (18.8)              
Beginning balance (in shares) at Dec. 31, 2024       37.5        
Beginning balance at Dec. 31, 2024   (4.4) 20.0 $ 0.0 0.0 24.4 (4.4)  
Increase (Decrease) in Stockholders' Equity                
Repurchases of common stock (in shares)       (1.7)        
Repurchase of common stock     (43.4)   (0.9) (42.5)    
Equity-based compensation     1.1   1.1      
Foreign currency translation adjustment, net of tax 0.9   0.9       0.9  
Amortization related to derivatives securities, net of tax     1.4       1.4  
Withholding tax related to restricted stock vesting (0.2)   (0.2)   (0.2)      
Dividends     (0.8)     (0.8)    
Net income     30.2     30.2   12.7
Ending balance (in shares) at Jun. 30, 2025       35.8        
Ending balance at Jun. 30, 2025   (2.1) 9.2 $ 0.0 0.0 11.3 (2.1)  
Beginning balance at Dec. 31, 2024               67.1
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                
Capital contributions (2.1)             (2.1)
Ending balance at Jun. 30, 2025               77.7
Beginning balance at Dec. 31, 2024 87.1              
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                
Repurchase of common stock (43.4)              
Capital contributions (2.1)             (2.1)
Equity-based compensation 1.1              
Foreign currency translation adjustment, net of tax 0.9              
Amortization related to derivative securities, net of tax 1.4              
Withholding tax related to restricted stock vesting (0.2)   (0.2)   (0.2)      
Dividends (0.8)              
Net income 42.9              
Ending balance at Jun. 30, 2025 86.9              
Beginning balance (in shares) at Mar. 31, 2025       36.7        
Beginning balance at Mar. 31, 2025   (3.2) 21.7 $ 0.0 0.0 24.9 (3.2)  
Increase (Decrease) in Stockholders' Equity                
Repurchases of common stock (in shares)       (0.9)        
Repurchase of common stock     (23.8)   (0.5) (23.3)    
Equity-based compensation     0.5   0.5      
Foreign currency translation adjustment, net of tax 0.4   0.4       0.4  
Amortization related to derivatives securities, net of tax     0.7       0.7  
Dividends     (0.4)     (0.4)    
Net income     10.1     10.1   9.0
Ending balance (in shares) at Jun. 30, 2025       35.8        
Ending balance at Jun. 30, 2025   $ (2.1) $ 9.2 $ 0.0 $ 0.0 $ 11.3 $ (2.1)  
Beginning balance at Mar. 31, 2025               70.8
Increase (Decrease) in redeemable non-controlling interest in consolidated Funds                
Capital contributions (2.1)             (2.1)
Ending balance at Jun. 30, 2025               77.7
Beginning balance at Mar. 31, 2025 92.5              
Increase (Decrease) in total equity and redeemable non-controlling interest in consolidated Funds                
Repurchase of common stock (23.8)              
Capital contributions (2.1)             $ (2.1)
Equity-based compensation 0.5              
Foreign currency translation adjustment, net of tax 0.4              
Amortization related to derivative securities, net of tax 0.7              
Dividends (0.4)              
Net income 19.1              
Ending balance at Jun. 30, 2025 $ 86.9