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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data (unaudited)
(in millions, except per share amounts):
 
Year Ended December 31, 2017
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
 
Operating revenues
$
379.8

 
$
629.4

 
$
524.8

 
$
552.7

 
$
2,086.7

 
Out-of-pocket reimbursements
25.7

 
26.8

 
37.8

 
41.2

 
131.5

 
Total revenues
405.5

 
656.2

 
562.6

 
593.9

 
2,218.2

 
Costs and expenses
326.4

 
525.2

 
472.1

 
481.3

 
1,805.0

 
Depreciation and amortization
23.2

 
34.8

 
34.7

 
35.3

 
128.0

 
Operating income
55.9

 
96.2

 
55.8

 
77.3

 
285.2

 
Interest expense
(5.9
)
 
(6.9
)
 
(6.9
)
 
(7.1
)
 
(26.8
)
 
Other income, net
193.0

 
15.5

 
8.7

 
1.8

 
219.0

 
Equity in earnings of unconsolidated affiliates
19.2

 
3.9

 
4.2

 
27.2

 
54.5

 
Income from continuing operations before income taxes and non-controlling interest
262.2

 
108.7

 
61.8

 
99.2

 
531.9

 
Income taxes
18.1

 
35.2

 
13.0

 
18.0

 
84.3

 
Income from continuing operations before non-controlling interest
244.1

 
73.5

 
48.8

 
81.2

 
447.6

 
Income (loss) from discontinued operations, net of tax
2.9

 
1.9

 
(0.3
)
 
—

 
4.5

 
Net income
247.0

 
75.4

 
48.5

 
81.2

 
452.1

 
Net (income) loss attributable to non-controlling interest
(0.6
)
 
—

 
—

 
—

 
(0.6
)
 
Net income attributable to DST Systems, Inc.
$
246.4

 
$
75.4

 
$
48.5

 
$
81.2

 
$
451.5

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
63.1

 
61.9

 
60.7

 
59.9

 
61.4

 
Weighted average diluted shares outstanding
63.9

 
62.5

 
61.6

 
60.6

 
62.1

 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
3.86

 
$
1.19

 
$
0.81

 
$
1.36

 
$
7.28

(1) 
Discontinued operations
0.05

 
0.03

 
(0.01
)
 
—

 
0.07

(1) 
Basic earnings per share
$
3.91

 
$
1.22

 
$
0.80

 
$
1.36

 
$
7.35

(1) 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
3.81

 
$
1.18

 
$
0.79

 
$
1.34

 
$
7.20

(1) 
Discontinued operations
0.04

 
0.03

 
—

 
—

 
0.07

(1) 
Diluted earnings per share
$
3.85

 
$
1.21

 
$
0.79

 
$
1.34

 
$
7.27

(1) 
 
 
 
 
 
 
 
 
 
 
 
Cash dividends per share of common stock
$
0.18

 
$
0.18

 
$
0.18

 
$
0.18

 
$
0.72

 
________________________________________________________________
(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, 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
67.6

 
66.6

 
65.4

 
64.2

 
66.0

 
Weighted average diluted shares outstanding
68.5

 
67.2

 
66.1

 
65.0

 
66.6

 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
0.59

 
$
0.52

 
$
0.77

 
$
0.85

 
$
2.71

(1) 
Discontinued operations
0.27

 
0.28

 
3.41

 
(0.18
)
 
3.76

(1) 
Basic earnings per share
$
0.86

 
$
0.80

 
$
4.18

 
$
0.67

 
$
6.47

(1) 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
0.59

 
$
0.51

 
$
0.76

 
$
0.84

 
$
2.68

(1) 
Discontinued operations
0.26

 
0.28

 
3.37

 
(0.18
)
 
3.73

(1) 
Diluted earnings per share
$
0.85

 
$
0.79

 
$
4.13

 
$
0.66

 
$
6.41

(1) 
 
 
 
 
 
 
 
 
 
 
 
Cash dividends per share of common stock
$
0.16

 
$
0.17

 
$
0.17

 
$
0.16

 
$
0.66

 
_______________________________________________________________________
(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.