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Business Combinations (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
9 Months Ended 0 Months Ended 0 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Jun. 29, 2012
Veritable, LP
Jun. 29, 2012
Veritable, LP
High Net Worth
Jun. 29, 2012
Yacktman Asset Management Co
Sep. 30, 2012
Yacktman Asset Management Co
Jun. 29, 2012
Yacktman Asset Management Co
Mutual Fund
Jun. 29, 2012
Yacktman Asset Management Co
High Net Worth
Business Combinations                
Goodwill percentage attributable to segments       100.00%     91.00% 9.00%
Tax deduction period for goodwill and client relationships amortization expense     15 years   15 years      
Purchase price allocations                
Consideration paid     $ 116.8   $ 301.0      
Non-controlling interests     30.8   213.3      
Contingent payment arrangement         24.8 24.8    
Enterprise value     147.6   539.1      
Acquired client relationships     85.1   367.5      
Tangible assets, net     2.7   9.0      
Goodwill     59.8   162.6      
Total     147.6   539.1      
Maximum contingent payments to be made         75.0      
Contingencies amount to be recognized after period of acquisition, minimum         3 years      
Contingencies amount to be recognized after period of acquisition, maximum         5 years      
Projected amount of the contingent payment obligation         52.6      
Unaudited pro forma financial results                
Revenue 1,390.0 1,378.3            
Net Income (controlling interest) 111.0 134.8            
Earnings per share - basic (in dollars per share) $ 2.15 $ 2.60            
Earnings per share - diluted (in dollars per share) $ 2.10 $ 2.53            
New Affiliate investments contribution                
New Affiliate investments contributed revenue 43.2              
New Affiliate investments contributed earnings $ 7.0