AFFILIATED MANAGERS GROUP, INC. AMG Income Statement

Affiliated managers group, inc. (AMG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Consolidated revenue
507,300	555,600	549,000	591,900	543,100	564,600	601,300	600,100	612,400	604,100	585,700	570,900	544,300	550,400	544,700	554,100	545,400	589,800	613,100	646,600	635,000	641,200	640,300	636,300	593,100	594,000	551,600	541,000	502,200	490,900	467,300	429,600	417,700	402,400	413,800	462,300	426,300	420,700	354,400	332,100	251,000	217,461	201,246
Consolidated expenses:
Compensation and related expenses
207,800	234,800	222,000	258,000	228,200	225,900	253,600	241,000	266,700	256,100	238,700	242,200	242,000	229,400	244,200	232,100	226,700	239,000	243,700	292,200	252,800	264,100	258,100	272,600	235,700	267,800	229,800	235,400	214,500	218,700	196,800	188,100	181,100	173,900	168,900	196,500	179,500	181,100	151,500	142,700	119,200	105,237	103,373
Selling, general and administrative
90,300	93,500	91,500	96,200	95,600	103,300	102,800	105,200	106,400	103,400	91,900	89,100	88,700	111,400	94,200	96,600	95,900	113,300	107,500	114,300	108,700	126,000	114,400	122,800	122,300	129,000	106,400	99,500	92,300	99,200	93,900	88,800	85,000	89,200	83,500	90,600	87,500	93,800	73,400	72,100	45,300	26,864	30,953
Intangible amortization and impairments
20,600	72,600	21,100	21,200	29,600	38,300	30,100	23,200	23,200	21,300	21,200	22,000	21,900	28,100	26,900	28,600	26,600	29,000	30,500	28,100	27,800	38,000	28,700	28,100	27,400	30,000	32,700	32,600	32,900	30,900	24,000	114,700	30,400	31,400	22,100	22,100	22,100	21,000	20,500	9,600	8,900	8,293	8,044
Investment (income) loss from Affiliate investments in partnerships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-8,600	4,100	14,914	14,947
Interest expense
19,500	18,800	19,500	19,700	18,200	18,000	19,600	21,400	21,600	20,100	22,100	23,100	22,500	25,100	22,400	21,900	22,300	20,600	23,600	22,500	22,200	20,000	19,000	20,000	17,600	18,900	19,900	24,300	24,200	24,100	21,800	18,500	18,600	18,200	18,100	18,100	19,400	17,600	16,300	16,300	16,000	16,151	15,828
Depreciation and other amortization
5,100	4,600	6,200	5,300	5,200	5,500	5,300	5,700	5,500	5,400	4,800	4,900	5,200	4,500	5,000	5,000	5,000	5,300	4,500	4,600	4,400	4,500	4,500	4,100	3,800	3,800	3,400	3,300	3,500	3,600	3,500	3,600	3,400	3,400	4,000	3,800	3,800	4,000	3,700	3,400	3,000	3,167	3,243
Other expenses (net)
11,000	20,700	13,100	12,200	11,000	36,400	10,200	11,100	12,000	22,100	10,900	13,600	11,400	17,500	3,400	10,000	12,400	10,000	11,700	12,200	9,900	10,000	10,400	10,300	9,900	10,300	10,200	8,800	8,500	11,600	9,400	9,400	9,000	9,300	9,300	9,300	8,500	6,700	9,700	8,500	6,100	10,865	4,736
Total consolidated expenses
354,300	445,000	373,400	412,600	387,800	427,400	421,600	407,600	435,400	428,400	389,600	394,900	391,700	482,600	373,700	372,300	366,600	396,600	397,900	451,400	403,600	442,600	416,100	437,900	399,100	440,900	382,500	379,600	351,700	364,000	327,600	404,600	308,900	307,200	287,800	322,300	301,400	306,600	258,800	236,300	182,500	154,426	150,349
Operating income before income from equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	171,000	181,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity method loss (net)
-113,200	-19,600	10,300	29,400	-358,100	-191,500	59,700	35,300	96,300	70,600	70,700	75,000	85,900	128,100	67,500	65,200	68,000	117,800	57,900	60,100	53,100	132,400	48,400	54,700	46,200	186,900	34,100	36,200	50,600	82,400	19,400	13,400	14,500	32,600	9,800	20,100	10,200	49,000	9,500	9,900	9,100	8,203	7,351
Operating income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	238,500	247,000	178,800	482,100	215,200	195,200	231,400	198,600	224,200	198,400	194,000	153,100	169,100	161,400	150,500	126,900	139,700	25,000	108,800	95,200	126,000	140,000	124,900	114,100	95,600	95,800	68,500	63,035	50,897
Investment and other income
2,400	-47,100	6,700	7,200	8,000	-64,100	11,000	11,500	14,200	-111,300	16,100	15,900	14,800	-73,000	11,000	11,600	4,000	-1,400	-100	16,000	800	4,100	2,600	8,400	8,200	20,800	8,000	7,500	4,500	1,700	6,900	3,000	10,400	1,900	-9,500	-6,100	8,700	3,500	11,400	700	2,800	6,614	7,191
Imputed interest expense and contingent payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-900	-800	2,000	200	-300	13,200	27,200	-57,800	2,800	2,400	22,500	5,200	3,900	8,400	14,200	9,700	6,700	-40,000	-2,500	2,400	8,300	8,300	8,300	7,500	7,200	6,400	3,800	3,389	3,365
Total other non-operating (income) and expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,300	-11,100	-16,300	-21,800	-24,000	6,700	5,800	-18,300	-19,200	-14,000	-31,900	-3,300	-15,800	-25,200	-33,900	-32,100	-21,600	24,500	-5,700	-58,800	-26,100	-12,400	-8,800	-45,600	-2,600	-20,700	-3,800	10,191	10,296
Income (loss) before income taxes
42,200	94,300	192,600	215,900	-194,800	-63,600	250,400	239,300	287,500	264,000	282,900	266,900	253,300	282,000	226,200	235,900	230,500	289,200	249,100	262,000	290,300	312,700	253,400	239,100	208,300	336,700	187,400	172,400	167,200	177,200	137,500	62,900	117,600	109,100	99,900	127,600	116,100	146,000	93,000	75,100	64,700	73,226	61,193
Income tax expense (benefit)
2,200	-1,500	30,500	35,700	-61,800	35,200	48,500	34,100	63,500	-129,900	66,100	62,500	59,700	76,000	50,300	52,300	57,000	63,600	58,100	72,100	69,600	72,600	63,500	61,100	48,900	87,400	31,000	38,200	37,500	37,800	19,400	2,000	24,600	20,000	19,800	26,600	26,700	38,700	24,000	16,900	11,900	5,366	4,944
Net income (loss)
40,000	95,800	162,100	180,200	-133,000	-98,800	201,900	205,200	224,000	393,900	216,800	204,400	193,600	206,000	175,900	183,600	173,500	225,600	191,000	189,900	220,700	240,100	189,900	178,000	159,400	249,300	156,400	134,200	129,700	139,400	118,100	60,900	93,000	89,100	80,100	101,000	89,400	107,300	69,000	58,200	52,800	67,860	56,249
Net income (non-controlling interests)
55,600	73,300	75,800	72,500	67,800	52,500	77,000	88,200	71,000	78,600	91,400	78,100	71,100	55,700	65,700	75,300	69,500	80,500	83,300	61,200	92,700	85,700	86,700	78,900	82,200	91,100	81,200	69,500	67,300	64,300	63,200	54,300	55,600	48,900	40,000	55,500	50,300	41,000	35,000	41,400	31,300	35,459	30,671
Net (income) loss (non-controlling interests in partnerships)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-8,400	4,000	14,632	14,599
Net Income (Loss) Attributable to Parent
-15,600	22,500	86,300	107,700	-200,800	-151,300	124,900	117,000	153,000	315,300	125,400	126,300	122,500	150,300	110,200	108,300	104,000	145,100	107,700	128,700	128,000	154,400	103,200	99,100	77,200	158,200	75,200	64,700	62,400	75,100	54,900	6,600	37,400	40,200	40,100	45,500	39,100	61,900	34,000	25,200	17,500	17,769	10,979
Average shares outstanding (basic) (in shares)
47,800	48,700	50,400	51,000	51,900	52,700	53,100	54,000	54,600	55,200	55,800	56,300	56,700	55,100	53,900	53,800	54,000	53,600	54,200	54,600	54,800	55,300	55,600	55,400	53,700	53,400	53,200	53,100	52,700	52,100	51,700	51,400	51,600	51,400	51,900	52,100	51,800	51,400	51,200	44,600	42,400	41,854,249	41,450,659
Weighted Average Number of Shares Outstanding, Diluted
47,800	49,100	50,400	51,000	51,900	48,600	55,400	54,200	57,000	58,200	58,300	58,700	59,200	58,100	56,600	56,700	56,600	56,500	57,000	57,500	57,800	63,000	58,800	56,600	55,200	61,100	56,900	54,600	54,200	53,400	53,000	52,700	52,900	52,500	53,000	53,400	53,100	52,700	51,900	47,600	45,400	44,267,107	43,159,140
Loss per share (basic) (in dollars per share)
-0.33	0.36	1.71	2.11	-3.87	-2.77	2.35	2.17	2.80	5.65	2.25	2.24	2.16	2.75	2.04	2.01	1.93	2.68	1.99	2.36	2.34	2.80	1.86	1.79	1.44	2.98	1.41	1.22	1.18	1.45	1.06	0.13	0.72	0.78	0.77	0.87	0.76	1.29	0.66	0.56	0.41	0.42	0.26
Loss per share (diluted) (in dollars per share)
-0.33	0.36	1.71	2.11	-3.87	-2.75	2.34	2.16	2.77	5.46	2.22	2.22	2.13	2.67	2.02	1.98	1.90	2.62	1.96	2.31	2.28	2.73	1.82	1.75	1.40	2.85	1.37	1.18	1.15	1.41	1.04	0.12	0.71	0.76	0.76	0.85	0.74	1.25	0.65	0.53	0.38	0.40	0.26
Dividends per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.20	0.20	0.20	-	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,800	-24,200	25,400	25,792	24,676
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,800	34,000	78,200	93,652	80,925
Comprehensive income (non-controlling interests)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,000	33,000	35,300	50,091	45,270
Comprehensive income (loss) (controlling interest)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,800	1,000	42,900	43,561	35,655