XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Revenue $ 640.3 $ 551.6 $ 1,869.7 $ 1,594.8
Operating expenses:        
Compensation and related expenses 258.1 229.8 766.5 679.7
Selling, general and administrative 114.4 106.4 359.5 298.2
Intangible amortization and impairments 28.7 32.7 84.2 98.1
Depreciation and other amortization 4.5 3.4 12.3 10.3
Other operating expenses 10.4 10.2 30.6 27.5
Total operating expenses 416.1 382.5 1,253.1 1,113.8
Operating income 224.2 169.1 616.6 481.0
Income from equity method investments 50.1 34.1 152.6 121.0
Other non-operating (income) and expenses:        
Investment and other income (2.6) (8.0) (19.2) (20.0)
Interest expense 19.0 19.9 56.7 68.5
Imputed interest expense and contingent payment arrangements 2.8 3.9 27.6 26.5
Total non-operating (income) and expenses 19.2 15.8 65.1 75.0
Income before income taxes 255.1 187.4 704.1 527.0
Income taxes 64.1 31.0 174.7 106.6
Net income 191.0 156.4 529.4 420.4
Net income (non-controlling interests) (86.7) (81.2) (247.9) (218.1)
Net income (controlling interest) $ 104.3 $ 75.2 $ 281.5 $ 202.3
Average shares outstanding—basic (in shares) 55.6 53.2 54.9 53.0
Average shares outstanding—diluted (in shares) 58.8 56.9 56.1 54.7
Earnings per share—basic (in dollars per share) $ 1.88 $ 1.41 $ 5.13 $ 3.82
Earnings per share—diluted (in dollars per share) $ 1.84 $ 1.37 $ 5.01 $ 3.70