Company Information

  

Address: 777 SOUTH FLAGLER DRIVE
SUITE 1201 EAST TOWER 
City: WEST PALM BEACH 
State: FL 
Zip Code: 33401 
Telephone: (800) 345-1100 

Description of Business

Primary SIC Code: 6282
(As filed with the SEC)  

We are a global asset management company with equity investments in leading boutique investment management firms, which we refer to as our "Affiliates." Our innovative partnership approach allows each Affiliate's management team to own significant equity in their firm and maintain operational autonomy. Our strategy is to generate shareholder value through the growth of existing Affiliates, as well as through investments in new Affiliates and additional investments in existing Affiliates. In addition, we provide centralized assistance to our Affiliates in strategic matters, marketing, distribution, product development and operations. As of December 31, 2017, our aggregate assets under management were $836.3 billion in more than 550 investment products across a broad range of active return-oriented strategies. We hold meaningful equity interests in each of our Affiliates and each Affiliate's management team retains a significant equity interest in their own firm.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/201812.670.30014.96
12/201712.030.30017.06
09/20178.370.20022.68
06/20177.230.20022.94
03/20177.930.20020.67
12/20167.700.20018.87
09/20168.65NA16.73
06/20169.97NA14.12

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity4.74Total Liab/Total Assets0.47
Net Inc/Total Assets0.08Total Liab/Inv Cap0.47
Net Inc/Inv Cap0.08Total Liab/Comm Equity27.96
Pretax Inc/Net Sales0.48Interest Coverage Ratio11.59
Net Inc/Net Sales0.31Curr Debt/EquityNA
Cash Flow/Net Sales0.53LTD/Equity0.49
SG&A/NetSales0.63Total Debt/Equity0.49
Asset Utilization   Liquidity  
Net Receivables Turnover5.40Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E19.86  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 590.80 572.80 563.60 546.00
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 385.10 368.00 340.90 341.60
Operating Income 177.00 178.10 196.70 177.50
Interest Exp 21.60 31.30 22.10 24.90
Pretax Income 287.50 264.00 282.90 266.90
Other Income 14.20 15.30 15.50 14.40
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 153.00 315.30 125.40 126.30

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 334.20 439.50 374.70 364.60
Receivables - Total 532.20 433.80 487.40 440.30
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 111.30 111.00 111.70 109.70
Total Assets 8,584.20 8,702.10 8,701.40 8,632.30
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,861.50 1,854.70 1,913.60 2,032.40
Total Liabilities 3,965.60 4,068.00 4,269.30 4,301.70
Stockholder's Equity        
Minority Interest 745.60 756.30 776.80 770.40
Preferred Stock NA NA NA NA
Common Stock 0.60 0.60 0.60 0.60
Retained Earnings 3,834.90 3,698.50 3,394.40 3,280.30
Treasury Stock -821.80 -663.70 -566.10 -498.80
Total Stockholders' Equity 3,677.00 3,822.20 3,627.50 3,600.00
Total Liabilities and Stockholders' Equity 7,642.60 7,890.20 7,896.80 7,901.70

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 205.00 369.90 356.50 321.90
Net Cash Provided by Investing Activities -3.90 8.90 3.90 -15.30
Net Cash Provided by Financing Activities -313.10 -318.20 -354.30 -239.80

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20132,069.80360.506.55
12/20142,404.20433.908.01
12/20152,435.90509.509.28
12/20162,101.30472.807.70
12/20172,204.20689.5012.03
Growth Rates1.5917.6016.41

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1857551,68095.15




Report Date : 7/16/2018

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