XML 46 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Year
Summary Compensation
Table Total for PEO ($) (1)
Compensation Actually Paid to PEO ($) (2)
Average Summary Compensation Table Total for Non-PEO NEOs ($) (1)
Average Compensation Actually Paid to Non-PEO NEOs ($) (2)
Value of Initial Fixed $100 Investment Based on:Net Income (in millions)Company-Selected Measure: Revenue (in millions)
Total Shareholder Return ("TSR") ($)
Peer Group TSR ($) (3)
20226,756,3874,298,3303,481,1572,468,774120.64126.91206.8 993.3 
20218,106,5497,877,0283,671,3543,603,201175.58161.92336.5 1,227.2 
20207,528,6349,771,4882,772,0983,741,267170.96115.15212.6 899.6 
    
Company Selected Measure Name revenue    
Named Executive Officers, Footnote [Text Block]
(1) For each year shown, our CEO was Mr. Colson and our other named executive officers included Mr. Daley, Mr. Gottlieb, Ms. Johnson and Mr. Krein.
    
Peer Group Issuers, Footnote [Text Block]
(3) The TSR peer group consists of the Dow Jones U.S. Asset Managers Index.
    
PEO Total Compensation Amount $ 6,756,387 $ 8,106,549 $ 7,528,634
PEO Actually Paid Compensation Amount $ 4,298,330 7,877,028 9,771,488
Adjustment To PEO Compensation, Footnote [Text Block]
(2) SEC rules require certain adjustments be made to "total compensation" as reported in the Summary Compensation Table to determine “compensation actually paid” as reported herein. In general, these adjustments relate to equity awards and dividends paid thereon. The following table details these adjustments:
YearExecutive(s)Summary Compensation Table Total Compensation Subtract: Summary Compensation Table Stock AwardsAdd: Year-End Value of Unvested Equity Granted in Covered YearAdd: Change In Value of Prior Year Unvested AwardsAdd: Change in Value of Equity Awards Vested in Covered YearAdd: Dividends Paid in Covered YearCompensation Actually Paid
2022PEO6,756,387 (1,924,716)1,360,852 (2,356,206)(42,466)504,479 4,298,330 
Other NEOs3,481,157 (1,147,092)811,892 (862,686)(40,324)225,827 2,468,774 
2021PEO8,106,549 (1,934,599)1,626,306 (425,984)15,641 489,114 7,877,028 
Other NEOs3,671,354 (1,054,970)901,643 (139,873)12,949 212,098 3,603,201 
2020PEO7,528,634 (1,573,500)2,172,750 1,296,521 28,876 318,207 9,771,488 
Other NEOs2,772,098 (566,600)801,180 568,342 23,672 142,576 3,741,267 
    
Non-PEO NEO Average Total Compensation Amount $ 3,481,157 3,671,354 2,772,098
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,468,774 3,603,201 3,741,267
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(2) SEC rules require certain adjustments be made to "total compensation" as reported in the Summary Compensation Table to determine “compensation actually paid” as reported herein. In general, these adjustments relate to equity awards and dividends paid thereon. The following table details these adjustments:
YearExecutive(s)Summary Compensation Table Total Compensation Subtract: Summary Compensation Table Stock AwardsAdd: Year-End Value of Unvested Equity Granted in Covered YearAdd: Change In Value of Prior Year Unvested AwardsAdd: Change in Value of Equity Awards Vested in Covered YearAdd: Dividends Paid in Covered YearCompensation Actually Paid
2022PEO6,756,387 (1,924,716)1,360,852 (2,356,206)(42,466)504,479 4,298,330 
Other NEOs3,481,157 (1,147,092)811,892 (862,686)(40,324)225,827 2,468,774 
2021PEO8,106,549 (1,934,599)1,626,306 (425,984)15,641 489,114 7,877,028 
Other NEOs3,671,354 (1,054,970)901,643 (139,873)12,949 212,098 3,603,201 
2020PEO7,528,634 (1,573,500)2,172,750 1,296,521 28,876 318,207 9,771,488 
Other NEOs2,772,098 (566,600)801,180 568,342 23,672 142,576 3,741,267 
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block] 3848290702158    
Compensation Actually Paid vs. Net Income [Text Block] 3848290702168    
Compensation Actually Paid vs. Company Selected Measure [Text Block] 3848290702218    
Total Shareholder Return Vs Peer Group [Text Block] 3848290702132    
Tabular List [Table Text Block]
Most Important Performance Measures
Adjusted Operating Income*Adjusted Operating Margin*
RevenueAverage Management Fee
AUM Growth TrendsInvestment Performance
Sales Growth Trends
*Adjusted measures are non-GAAP measures. See Annex A for information regarding our non-GAAP measures.
   
Total Shareholder Return Amount $ 120.64 175.58 170.96
Peer Group Total Shareholder Return Amount 126.91 161.92 115.15
Net Income (Loss) $ 206,800,000 $ 336,500,000 $ 212,600,000
Company Selected Measure Amount 993,300,000 1,227,200,000 899,600,000
PEO Name Mr. Colson    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Operating Income*    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Revenue    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name AUM Growth Trends    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Sales Growth Trends    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Operating Margin*    
Measure [Axis]: 6      
Pay vs Performance Disclosure [Table]      
Measure Name Average Management Fee    
Measure [Axis]: 7      
Pay vs Performance Disclosure [Table]      
Measure Name Investment Performance    
PEO [Member] | Stock Awards Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,924,716) $ (1,934,599) $ (1,573,500)
PEO [Member] | Equity Awards Granted During the Year, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,360,852 1,626,306 2,172,750
PEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,356,206) (425,984) 1,296,521
PEO [Member] | Equity Awards Vested During the Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (42,466) 15,641 28,876
PEO [Member] | Value of Dividends Paid Adjustment [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 504,479 489,114 318,207
Non-PEO NEO [Member] | Stock Awards Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,147,092) (1,054,970) (566,600)
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 811,892 901,643 801,180
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (862,686) (139,873) 568,342
Non-PEO NEO [Member] | Equity Awards Vested During the Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (40,324) 12,949 23,672
Non-PEO NEO [Member] | Value of Dividends Paid Adjustment [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 225,827 $ 212,098 $ 142,576