| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS PROVIDED BY (USED FOR): | ||||||||||||
Operating activities: | ||||||||||||
Net income (loss) | ||||||||||||
60,600 | 445,700 | 426,100 | 418,100 | 436,300 | 499,600 | 870,900 | 868,000 | 779,000 | 658,400 | 0 | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
62,600 | 62,600 | 56,100 | 61,700 | 62,200 | 62,600 | 74,300 | 68,300 | 61,900 | 52,800 | 0 | 0 | 0 |
Impairment of goodwill and intangible assets | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||
-115,900 | -4,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Stock-based compensation plan expense | ||||||||||||
70,700 | 74,200 | 74,600 | 79,300 | 86,100 | 82,400 | 74,600 | 77,700 | 75,900 | 67,400 | 0 | 0 | 0 |
Investment gains (losses), net | ||||||||||||
-29,600 | 34,200 | 6,800 | -5,500 | -26,900 | -40,900 | -22,600 | -8,200 | 18,200 | 18,000 | 0 | 0 | 0 |
Gains from equity-method investments, net | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Impairment of right-of-use operating asset | ||||||||||||
- | 4,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Gain on sale of Geneva | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Contributions to pension plans in excess of costs recognized | ||||||||||||
-2,700 | -1,000 | 7,900 | 10,500 | 13,300 | 16,100 | 19,400 | 18,200 | 26,300 | 20,900 | 0 | 0 | 0 |
Contingent consideration adjustment | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Gain from BNP Paribas transaction | ||||||||||||
- | - | - | - | - | 22,300 | 0 | 0 | 0 | - | - | - | - |
Dai-ichi option fair value adjustments | ||||||||||||
- | - | - | - | - | -26,800 | 0 | 0 | 0 | - | - | - | - |
Other, net | ||||||||||||
21,100 | 11,100 | 3,100 | 4,600 | -15,400 | -4,800 | -9,700 | 1,400 | 5,000 | -7,200 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||||||
OEIC and unit trust receivables and payables | ||||||||||||
2,400 | -400 | -6,300 | -9,300 | -12,700 | -3,900 | -1,300 | 700 | 41,300 | 900 | 0 | 0 | 0 |
Other assets | ||||||||||||
-39,200 | 16,400 | -25,700 | -30,400 | -16,800 | -134,500 | -80,200 | -108,700 | 5,400 | 117,800 | 0 | 0 | 0 |
Other accruals and liabilities | ||||||||||||
-51,000 | -57,000 | -64,900 | -13,100 | -67,200 | -89,400 | -56,700 | -145,200 | 15,700 | 170,900 | 0 | 0 | 0 |
Net operating activities | ||||||||||||
535,800 | 463,200 | 499,500 | 572,900 | 574,400 | 670,800 | 653,400 | 563,400 | 436,200 | 444,100 | 0 | 0 | 0 |
Proceeds from (purchase of): | ||||||||||||
Investment securities, net | ||||||||||||
-80,500 | -1,500 | -78,000 | -48,700 | -37,300 | -35,100 | 0 | 0 | 0 | - | - | - | 0 |
Property, equipment and software | ||||||||||||
38,500 | 37,800 | 34,700 | 32,600 | 30,100 | 29,100 | 26,200 | 20,600 | 22,200 | 17,700 | 0 | 0 | 0 |
Investment securities by consolidated seeded investment products, net | ||||||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - | - |
Investment income received by consolidated funds | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Proceeds from BNP Paribas transaction, net | ||||||||||||
- | - | - | - | - | 36,500 | 0 | 0 | 0 | - | - | - | - |
Cash received (paid) on settled hedges, net | ||||||||||||
9,600 | 34,900 | 4,300 | -1,700 | -5,700 | -16,000 | 6,400 | 12,800 | 12,100 | 23,700 | 0 | 0 | 0 |
Dividends received from equity-method investments | ||||||||||||
400 | 400 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of Volantis | ||||||||||||
- | 2,300 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of Geneva | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net investing activities | ||||||||||||
-398,800 | -389,300 | -11,600 | 56,400 | 140,600 | 100,900 | 88,400 | 11,200 | 545,300 | 519,500 | 0 | 0 | 0 |
Financing activities: | ||||||||||||
Proceeds from stock-based compensation plans | ||||||||||||
- | - | - | - | - | 8,600 | 0 | 0 | 0 | - | - | - | - |
Purchase of common stock for stock-based compensation plans | ||||||||||||
41,700 | 39,000 | 40,200 | 40,600 | 41,000 | 86,600 | 93,000 | 97,100 | 118,300 | 52,100 | 0 | 0 | 0 |
Purchase of common stock for share buyback program | ||||||||||||
200,200 | 199,900 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Dividends paid to shareholders | ||||||||||||
268,900 | 272,400 | 275,300 | 278,700 | 281,700 | 275,100 | 0 | 0 | 0 | - | - | - | - |
Repayment of long-term debt | ||||||||||||
- | - | - | - | - | 95,300 | 0 | 0 | 0 | - | - | - | - |
Payment of contingent consideration | ||||||||||||
13,800 | 14,100 | 14,000 | 18,000 | 18,000 | 22,700 | 0 | 0 | 0 | - | - | - | - |
Distributions to noncontrolling interests | ||||||||||||
1,300 | 1,300 | 5,400 | 5,200 | 8,000 | 8,100 | 0 | 0 | 0 | - | - | - | - |
Third-party sales (redemptions) in consolidated seeded investment products, net | ||||||||||||
472,200 | 320,800 | 54,200 | -31,000 | -121,000 | -36,500 | -44,300 | 24,100 | -94,300 | -141,400 | 0 | 0 | 0 |
Principal payments under capital lease obligations | ||||||||||||
1,000 | 1,100 | 1,000 | 1,200 | 1,200 | 1,300 | 0 | 0 | 0 | - | - | - | - |
Net financing activities | ||||||||||||
-54,700 | -207,000 | -510,800 | -585,700 | -606,900 | -616,800 | -622,600 | -533,500 | -687,700 | -504,700 | 0 | 0 | 0 |
Cash and cash equivalents: | ||||||||||||
Effect of foreign exchange rate changes | ||||||||||||
-20,000 | 13,000 | 500 | -16,400 | -33,600 | -32,500 | -22,800 | -21,000 | 10,000 | 12,100 | 0 | 0 | 0 |
Net change | ||||||||||||
62,300 | -120,100 | -22,400 | 27,200 | 74,500 | 122,400 | 96,400 | 20,100 | 303,800 | 471,000 | 0 | 0 | 0 |
Supplemental cash flow information: | ||||||||||||
Cash paid for interest | ||||||||||||
14,600 | 14,600 | 14,600 | 14,700 | 14,700 | 14,800 | 14,800 | 15,100 | 15,100 | 8,000 | 0 | 0 | 0 |
Cash paid for income taxes, net of refunds | ||||||||||||
152,300 | 160,000 | 184,500 | 194,500 | 170,900 | 184,700 | 201,300 | 193,000 | 129,200 | 113,100 | 0 | 0 | 0 |