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Basis of Financial Statements (Tables) | 9 Months Ended
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Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Summary of Change in Accounting Principle | The elimination of the three-month reporting lag for our equity investment in Dun & Bradstreet resulted in the adjustments as of and for the periods indicated below (in millions, except per share amounts).
| Three Months Ended
| March 31, 2019
| As Reported |  | As Adjusted |  | Difference
| (in millions, except per share amounts)
Condensed Consolidated Statements of Operations |  |  |  |  |
Income tax benefit | $ | (4.8 | ) |  | $ | (7.2 | ) |  | $ | (2.4 | )
Equity in earnings (losses) of unconsolidated affiliates | 2.9 |  |  | (21.4 | ) |  | (24.3 | )
Net earnings (loss) | 2.0 |  |  | (19.9 | ) |  | (21.9 | )
Net earnings (loss) attributable to Cannae Holdings | $ | 5.1 |  |  | $ | (16.8 | ) |  | $ | (21.9 | )
Per Share Data: |  |  |  |  |
Basic |  |  |  |  |
Basic earnings (loss) per share attributable to Cannae Holdings common shareholders | $ | 0.07 |  |  | $ | (0.24 | ) |  | $ | (0.31 | )
Diluted |  |  |  |  |
Diluted earnings (loss) per share attributable to Cannae Holdings common shareholders | $ | 0.07 |  |  | $ | (0.24 | ) |  | $ | (0.31 | )
Condensed Consolidated Statements of Comprehensive Earnings |  |  |  |  |
Net earnings (loss) | $ | 2.0 |  |  | $ | (19.9 | ) |  | $ | (21.9 | )
Unrealized gain relating to investments in unconsolidated affiliates | 6.2 |  |  | 5.9 |  |  | (0.3 | )
Comprehensive earnings (loss) attributable to Cannae Holdings, Inc. | $ | 11.7 |  |  | $ | (10.5 | ) |  | $ | (22.2 | )
| As of
| March 31, 2019
| As Reported |  | As Adjusted |  | Difference
| (in millions, except per share amounts)
Condensed Consolidated Balance Sheet |  |  |  |  |
Investments in unconsolidated affiliates | $ | 930.8 |  |  | $ | 904.5 |  |  | $ | (26.3 | )
Deferred tax asset | 15.8 |  |  | 18.6 |  |  | 2.8 |
Retained earnings | 71.4 |  |  | 49.5 |  |  | (21.9 | )
Accumulated other comprehensive loss | (65.6 | ) |  | (65.9 | ) |  | (0.3 | )
| Three Months Ended |  | Six Months Ended
| June 30, 2019 |  | June 30, 2019
| As Reported |  | As Adjusted |  | Difference |  | As Reported |  | As Adjusted |  | Difference
| (in millions, except per share amounts)
Condensed Consolidated Statements of Operations |  |  |  |  |  |  |  |  |  |  |
Income tax expense (benefit) | $ | 8.5 |  |  | $ | 5.9 |  |  | $ | (2.6 | ) |  | $ | 3.7 |  |  | $ | (1.3 | ) |  | $ | (5.0 | )
Equity in losses of unconsolidated affiliates | (22.4 | ) |  | (21.1 | ) |  | 1.3 |  |  | (19.5 | ) |  | (42.5 | ) |  | (23.0 | )
Net earnings (loss) | 15.0 |  |  | 18.9 |  |  | 3.9 |  |  | 17.0 |  |  | (1.0 | ) |  | (18.0 | )
Net earnings attributable to Cannae Holdings | $ | 19.5 |  |  | $ | 23.4 |  |  | $ | 3.9 |  |  | $ | 24.6 |  |  | $ | 6.6 |  |  | $ | (18.0 | )
Per Share Data: |  |  |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |  |  |  |
Basic earnings per share attributable to Cannae Holdings common shareholders | $ | 0.27 |  |  | $ | 0.33 |  |  | $ | 0.06 |  |  | $ | 0.34 |  |  | $ | 0.09 |  |  | $ | (0.25 | )
Diluted |  |  |  |  |  |  |  |  |  |  |
Diluted earnings per share attributable to Cannae Holdings common shareholders | $ | 0.27 |  |  | $ | 0.33 |  |  | $ | 0.06 |  |  | $ | 0.34 |  |  | $ | 0.09 |  |  | $ | (0.25 | )
Condensed Consolidated Statements of Comprehensive Earnings |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) | $ | 15.0 |  |  | $ | 18.9 |  |  | $ | 3.9 |  |  | $ | 17.0 |  |  | $ | (1.0 | ) |  | $ | (18.0 | )
Unrealized gain relating to investments in unconsolidated affiliates | 5.3 |  |  | 2.2 |  |  | (3.1 | ) |  | 11.5 |  |  | 8.2 |  |  | (3.3 | )
Comprehensive earnings attributable to Cannae Holdings, Inc. | $ | 29.0 |  |  | $ | 29.8 |  |  | $ | 0.8 |  |  | $ | 40.7 |  |  | $ | 19.4 |  |  | $ | (21.3 | )
| As of
| June 30, 2019
| As Reported |  | As Adjusted |  | Difference
| (in millions, except per share amounts)
Condensed Consolidated Balance Sheet |  |  |  |  |
Investments in unconsolidated affiliates | $ | 913.3 |  |  | $ | 887.3 |  |  | $ | (26.0 | )
Deferred tax asset | 9.4 |  |  | 15.3 |  |  | 5.9 |
Retained earnings | 90.9 |  |  | 72.9 |  |  | (18.0 | )
Accumulated other comprehensive loss | (56.1 | ) |  | (59.4 | ) |  | (3.3 | )

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