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Note 12 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Compensation and staff benefits [1] $ 64.5 $ 59.8
Loss carryforwards(1) [2] 127.6 88.4
Accrued liabilities 8.0 7.0
Lease liabilities 18.7 16.8
Other (2.1) 5.3
Gross deferred tax assets 216.7 177.3
Valuation allowance (119.4) (76.8)
Deferred tax assets, net of valuation allowance 97.3 100.5
Retirement benefits (17.4) (21.4)
Goodwill and acquired intangible assets (628.9) (628.6)
Lease ROU assets (18.0) (16.2)
Other (1.3) (3.5)
Gross deferred tax liabilities (665.6) (669.7)
Total deferred tax liabilities(2) (568.3) (569.2)
Deferred tax liabilities, net (569.3) (570.8)
Total deferred tax liabilities (568.3) (569.2)
Other Noncurrent Assets [Member]    
Deferred tax assets, net (included in other non-current assets) $ 1.0 $ 1.6
[1] The majority of the 2023 loss carryforward relates to the UK capital loss of $294.7 million, before tax effects, which may be carried forward without time limitation. There is a full valuation allowance against UK capital losses.
[2] The change in the net deferred tax liabilities does not equal the deferred tax expense due to the foreign currency translation adjustment on deferred tax liabilities booked through equity.