| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income | ||||||
22,100 | 74,300 | 83,000 | 21,600 | 61,100 | ||
Less: Net (income) loss attributable to non-controlling interests in consolidated Funds | ||||||
-10,500 | - | - | - | 8,400 | ||
Adjustments to reconcile net income to net cash flows from operating activities from continuing operations: | ||||||
Loss from discontinued operations, excluding consolidated Funds | ||||||
0 | 0 | 0 | 0 | 0 | ||
Goodwill, Impairment Loss | ||||||
16,400 | - | - | - | 0 | ||
Amortization of acquired intangibles | ||||||
1,600 | - | - | - | - | ||
Changes in operating assets and liabilities (excluding discontinued operations): | ||||||
Net cash flows from operating activities of continuing operations | ||||||
-33,500 | 45,100 | 81,000 | 27,900 | -292,500 | ||
Net cash flows from operating activities of discontinued operations | ||||||
0 | 0 | 0 | 0 | 0 | ||
Total net cash flows from operating activities | ||||||
-33,500 | 45,100 | 81,000 | 27,900 | -292,500 | ||
Cash flows from investing activities: | ||||||
Net cash flows from investing activities of continuing operations | ||||||
1,300 | 17,800 | 1,500 | -5,900 | -4,400 | ||
Net cash flows from investing activities of discontinued operations | ||||||
0 | 0 | 0 | 0 | 0 | ||
Total net cash flows from investing activities | ||||||
1,300 | 17,800 | 1,500 | -5,900 | -4,400 | ||
Cash flows from financing activities: | ||||||
Net cash flows from financing activities of continuing operations | ||||||
42,400 | -66,600 | -61,100 | -3,800 | 36,500 | ||
Net cash flows from financing activities of discontinued operations | ||||||
0 | 0 | 0 | 0 | 0 | ||
Total net cash flows from financing activities | ||||||
42,400 | -66,600 | -61,100 | -3,800 | 36,500 | ||
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||
0 | - | 0 | 0 | 0 | ||
Net increase (decrease) in cash and cash equivalents | ||||||
10,200 | -3,700 | 21,400 | 18,200 | -260,400 | ||
Supplemental disclosure of cash flow information: | ||||||
Interest paid (excluding consolidated Funds) | ||||||
10,100 | - | - | - | 9,400 | ||
Income taxes paid | ||||||
0 | 3,000 | 9,800 | 18,900 | 12,900 | ||
Supplemental disclosure of non-cash investing and financing transactions: | ||||||
Consolidated Funds | ||||||
Less: Net (income) loss attributable to non-controlling interests in consolidated Funds | ||||||
-10,500 | 6,500 | 7,600 | -6,400 | 8,400 | ||
(Gains) losses on other investments | ||||||
-12,000 | -800 | 800 | -9,500 | 2,600 | ||
Net cash flows from operating activities of continuing operations | ||||||
-4,400 | - | - | - | 7,000 | ||
Purchase of investment securities | ||||||
25,100 | - | - | - | 32,700 | ||
Sale of investments | ||||||
22,000 | - | - | - | 28,000 | ||
Distributions received from equity method investees | ||||||
500 | - | - | - | 0 | ||
(Increase) decrease in receivables and other assets | ||||||
4,400 | -2,700 | 600 | -3,100 | -2,300 | ||
Increase in accounts payable and other liabilities | ||||||
1,600 | -3,900 | 200 | -7,800 | 3,600 | ||
Contributions in equity method investees | ||||||
300 | - | - | - | 0 | ||
Non-controlling interest capital redeemed | ||||||
-100 | - | - | - | 0 | ||
Redeemable non-controlling interest capital raised | ||||||
1,400 | -100 | 200 | 37,500 | 300 | ||
Redeemable non-controlling interest capital redeemed | ||||||
0 | - | 1,200 | 100 | 400 | ||
Payable for securities purchased by a consolidated Fund | ||||||
1,100 | - | - | - | 15,500 | ||
Investments in unconsolidated Funds | ||||||
Loss from discontinued operations, excluding consolidated Funds | ||||||
0 | 0 | 0 | 0 | 0 | ||
Goodwill, Impairment Loss | ||||||
16,400 | - | - | - | 0 | ||
Amortization of acquired intangibles | ||||||
1,600 | 1,700 | 1,600 | 1,700 | 1,600 | ||
Depreciation and other amortization | ||||||
5,300 | 5,000 | 4,400 | 4,000 | 3,800 | ||
Amortization of debt-related costs | ||||||
1,100 | 1,100 | 900 | 800 | 900 | ||
Amortization and revaluation of non-cash compensation awards | ||||||
-44,000 | -19,700 | 5,100 | 13,900 | -12,700 | ||
Net earnings from Affiliate accounted for using the equity method | ||||||
600 | 700 | 800 | 700 | 600 | ||
Distributions received from equity method Affiliate | ||||||
200 | - | 1,200 | 1,100 | 0 | ||
Deferred income taxes | ||||||
22,800 | 18,200 | 1,900 | -500 | 6,200 | ||
(Gains) losses on other investments | ||||||
-23,100 | 11,700 | 3,400 | 4,600 | 18,300 | ||
Decrease in investment advisory fees receivable | ||||||
-17,100 | 5,100 | -9,900 | 5,400 | -7,700 | ||
Increase in other receivables, prepayments, deposits and other assets | ||||||
18,200 | 15,600 | -3,300 | 5,500 | 6,600 | ||
Decrease in accrued incentive compensation, operating lease liabilities and other liabilities | ||||||
-70,300 | -2,100 | 24,100 | 30,000 | -316,900 | ||
Decrease in accounts payable, accrued expenses and accrued income taxes | ||||||
-16,200 | 4,000 | -44,000 | 7,200 | -17,300 | ||
Net cash flows from operating activities of continuing operations | ||||||
-29,100 | 43,300 | 79,600 | 70,000 | -299,500 | ||
Purchase of investments | ||||||
4,800 | -134,600 | 34,700 | 119,400 | 7,000 | ||
Additions of fixed assets | ||||||
6,300 | 7,200 | 9,600 | 9,800 | 7,300 | ||
Sale of investments | ||||||
12,200 | - | - | - | 9,900 | ||
Proceeds from third party and non-recourse borrowings | ||||||
80,000 | - | 220,000 | 25,000 | 240,000 | ||
Repayment of third party and non-recourse borrowings | ||||||
13,300 | - | 245,000 | 25,000 | 5,000 | ||
Payment to OM plc for co-investment redemptions | ||||||
0 | - | 0 | 0 | 5,100 | ||
Dividends paid to shareholders | ||||||
5,800 | 5,700 | 5,000 | 7,400 | 6,400 | ||
Dividends paid to related parties | ||||||
2,700 | 2,900 | 3,800 | 1,800 | 3,000 | ||
Repurchases of common stock | ||||||
17,100 | 27,200 | 25,400 | 3,300 | 183,900 | ||