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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data (unaudited)
(in millions, except per share amounts):
 
Year Ended December 31, 2016
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
 
Operating revenues
$
361.3

 
$
373.9

 
$
365.5

 
$
373.7

 
$
1,474.4

 
Out-of-pocket reimbursements
19.4

 
16.6

 
21.2

 
25.1

 
82.3

 
Total revenues
380.7

 
390.5

 
386.7

 
398.8

 
1,556.7

 
Costs and expenses
306.9

 
320.4

 
289.6

 
296.5

 
1,213.4

 
Depreciation and amortization
22.1

 
24.2

 
22.8

 
26.9

 
96.0

 
Operating income
51.7

 
45.9

 
74.3

 
75.4

 
247.3

 
Interest expense
(6.1
)
 
(6.5
)
 
(5.4
)
 
(5.5
)
 
(23.5
)
 
Gain on sale of business
—

 
—

 
—

 
5.5

 
5.5

 
Other income, net
6.3

 
7.0

 
6.7

 
2.7

 
22.7

 
Equity in earnings of unconsolidated affiliates
6.7

 
10.2

 
7.0

 
3.3

 
27.2

 
Income from continuing operations before income taxes and non-controlling interest
58.6

 
56.6

 
82.6

 
81.4

 
279.2

 
Income taxes
20.1

 
22.1

 
31.6

 
27.3

 
101.1

 
Income from continuing operations before non-controlling interest
38.5

 
34.5

 
51.0

 
54.1

 
178.1

 
Income (loss) from discontinued operations, net of tax
18.5

 
18.7

 
222.8

 
(11.7
)
 
248.3

 
Net income
57.0

 
53.2

 
273.8

 
42.4

 
426.4

 
Net (income) loss attributable to non-controlling interest
1.1

 
(0.2
)
 
(0.5
)
 
0.5

 
0.9

 
Net income attributable to DST Systems, Inc.
$
58.1

 
$
53.0

 
$
273.3

 
$
42.9

 
$
427.3

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
33.8

 
33.3

 
32.7

 
32.1

 
33.0

 
Weighted average diluted shares outstanding
34.3

 
33.6

 
33.0

 
32.5

 
33.3

 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
1.17

 
$
1.03

 
$
1.54

 
$
1.70

 
$
5.43

(1) 
Discontinued operations
0.55

 
0.56

 
6.81

 
(0.36
)
 
7.53

(1) 
Basic earnings per share
$
1.72

 
$
1.59

 
$
8.35

 
$
1.34

 
$
12.96

(1) 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
1.16

 
$
1.03

 
$
1.53

 
$
1.68

 
$
5.37

(1) 
Discontinued operations
0.54

 
0.55

 
6.75

 
(0.36
)
 
7.45

(1) 
Diluted earnings per share
$
1.70

 
$
1.58

 
$
8.28

 
$
1.32

 
$
12.82

(1) 
 
 
 
 
 
 
 
 
 
 
 
Cash dividends per share of common stock
$
0.33

 
$
0.33

 
$
0.33

 
$
0.33

 
$
1.32

 
________________________________________________________________
(1)
Earnings per share are computed independently for each of the quarters presented. Accordingly, the accumulation of quarterly earnings per share may not equal the total computed for the year.

 
Year Ended December 31, 2015
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
 
Operating revenues
$
340.0

 
$
349.3

 
$
353.4

 
$
362.3

 
$
1,405.0

 
Out-of-pocket reimbursements
15.7

 
14.2

 
18.2

 
20.9

 
69.0

 
Total revenues
355.7

 
363.5

 
371.6

 
383.2

 
1,474.0

 
Costs and expenses
277.5

 
289.7

 
287.1

 
295.9

 
1,150.2

 
Depreciation and amortization
21.4

 
21.7

 
22.9

 
25.1

 
91.1

 
Operating income
56.8

 
52.1

 
61.6

 
62.2

 
232.7

 
Interest expense
(6.1
)
 
(5.8
)
 
(5.8
)
 
(6.1
)
 
(23.8
)
 
Other income, net
83.3

 
92.2

 
14.4

 
14.6

 
204.5

 
Equity in earnings of unconsolidated affiliates
14.7

 
12.7

 
11.8

 
6.2

 
45.4

 
Income from continuing operations before income taxes and non-controlling interest
148.7

 
151.2

 
82.0

 
76.9

 
458.8

 
Income taxes
55.6

 
55.7

 
15.9

 
22.0

 
149.2

 
Income from continuing operations before non-controlling interest
93.1

 
95.5

 
66.1

 
54.9

 
309.6

 
Income from discontinued operations, net of tax
14.7

 
12.0

 
9.0

 
12.8

 
48.5

 
Net income
107.8

 
107.5

 
75.1

 
67.7

 
358.1

 
Net loss attributable to non-controlling interest
—

 
—

 
—

 
0.1

 
0.1

 
Net income attributable to DST Systems, Inc.
$
107.8

 
$
107.5

 
$
75.1

 
$
67.8

 
$
358.2

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
37.2

 
36.6

 
35.7

 
34.5

 
36.0

 
Weighted average diluted shares outstanding
37.6

 
37.0

 
36.2

 
35.0

 
36.4

 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
2.50

 
$
2.61

 
$
1.85

 
$
1.59

 
$
8.60

(1) 
Discontinued operations
0.40

 
0.33

 
0.25

 
0.37

 
1.35

(1) 
Basic earnings per share
$
2.90

 
$
2.94

 
$
2.10

 
$
1.96

 
$
9.95

(1) 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
2.48

 
$
2.58

 
$
1.83

 
$
1.57

 
$
8.50

(1) 
Discontinued operations
0.39

 
0.33

 
0.25

 
0.37

 
1.33

(1) 
Diluted earnings per share
$
2.87

 
$
2.91

 
$
2.08

 
$
1.94

 
$
9.83

(1) 
 
 
 
 
 
 
 
 
 
 
 
Cash dividends per share of common stock
$
0.30

 
$
0.30

 
$
0.30

 
$
0.30

 
$
1.20

 

_______________________________________________________________________
(1)
Earnings per share are computed independently for each of the quarters presented. Accordingly, the accumulation of quarterly earnings per share may not equal the total computed for the year.