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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Consolidated revenue $ 586.3 $ 471.1 $ 1,145.4 $ 978.3
Consolidated expenses:        
Compensation and related expenses 248.9 216.5 495.8 424.4
Selling, general and administrative 88.6 73.6 167.4 163.8
Intangible amortization and impairments 8.9 80.9 16.4 101.5
Interest expense 26.8 22.3 54.3 41.8
Depreciation and other amortization 4.1 5.0 8.4 10.1
Other expenses (net) 12.6 11.3 26.1 22.3
Total consolidated expenses 389.9 409.6 768.4 763.9
Equity method income (loss) (net) 37.6 17.4 89.2 (95.8)
Investment and other income (expense) 21.1 (12.1) 53.5 (9.7)
Income before income taxes 255.1 66.8 519.7 108.9
Income tax expense 70.9 3.3 121.5 5.5
Net income 184.2 63.5 398.2 103.4
Net income (non-controlling interests) (75.2) (32.8) (139.3) (88.3)
Net income (controlling interest) $ 109.0 $ 30.7 $ 258.9 $ 15.1
Average shares outstanding (basic) (in shares) 41.6 47.2 42.1 47.5
Average shares outstanding (diluted) (in shares) 44.6 47.3 45.0 47.6
Earnings per share (basic) (in dollars per share) $ 2.62 $ 0.65 $ 6.15 $ 0.32
Earnings per share (diluted) (in dollars per share) $ 2.55 $ 0.65 $ 5.96 $ 0.32