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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation for Investments
The purchase price allocation for these investments is as follows:
 
SouthernSun
 
River Road
 
Veritas
Consideration paid
$
109.9

 
$
132.4

 
$
319.9

Non-controlling interests
74.0

 
35.8

 
125.2

Enterprise value
$
183.9

 
$
168.2

 
$
445.1

 
 
 
 
 
 
Acquired client relationships
$
125.3

 
$
64.1

 
$
275.6

Deferred income taxes

 

 
(35.7
)
Tangible assets, net
6.3

 
4.5

 
12.6

Goodwill
52.3

 
99.6

 
192.6

 
$
183.9

 
$
168.2

 
$
445.1

Schedule of Goodwill Allocation by Segment
The excess of the enterprise value over the net assets acquired was recorded as goodwill and the segment allocation is as follows:
 
SouthernSun
 
River Road
 
Veritas
Institutional
37
%
 
31
%
 
24
%
Mutual Fund
23
%
 
51
%
 
76
%
High Net Worth
40
%
 
18
%
 
%
Schedule of Unaudited Pro Forma Financial Results
Unaudited pro-forma financial results are set forth below assuming these investments occurred on January 1, 2013, the revenue sharing arrangement had been in effect for the entire period and after making certain pro-forma adjustments.
 
For the Years Ended December 31,
 
2013 (Unaudited)
 
2014 (Unaudited)
Revenue
$
2,353.5

 
$
2,644.9

Net income (controlling interest)
382.3

 
474.9

Earnings per share (basic)
$
7.20

 
$
8.63

Earnings per share (diluted)
$
6.94

 
$
8.40