|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$92.9m
|
$91.9m
|
$113.9m
|
$134.6m
|
$76.6m
|
$211.4m
|
$171.0m
|
$129.0m
|
$151.3m
|
$153.2m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$92.8m
|
$92.5m
|
$109.5m
|
$147.0m
|
$75.2m
|
$226.2m
|
$149.5m
|
$136.6m
|
$162.8m
|
$157.4m
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
($126k)
|
$547k
|
($4.4m)
|
$12.4m
|
($1.4m)
|
$14.8m
|
($21.6m)
|
$7.6m
|
$11.5m
|
$4.2m
|
|
Depreciation, Depletion and Amortization
|
|
$4.2m
|
$4.2m
|
$4.4m
|
$4.4m
|
$4.7m
|
$4.1m
|
$4.4m
|
$4.1m
|
$9.3m
|
$9.8m
|
|
Amortization of Intangible Assets
|
|
$89k
|
$89k
|
$95k
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Depreciation, Amortization and Accretion, Net
|
|
$7.6m
|
$7.1m
|
$4.5m
|
$4.4m
|
$4.7m
|
$5.7m
|
$5.6m
|
$5.1m
|
$11.2m
|
$11.7m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($900k)
|
($314k)
|
($1.4m)
|
$96k
|
$107k
|
$104k
|
($1.2m)
|
$537k
|
($297k)
|
$561k
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$21.6m
|
$21.8m
|
$24.6m
|
$27.8m
|
$29.3m
|
$40.5m
|
$49.4m
|
$44.5m
|
$52.3m
|
$46.0m
|
|
Income (Loss) from Equity Method Investments
|
|
$3.3m
|
($242k)
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income Tax Expense (Benefit)
|
|
$50.6m
|
$67.9m
|
$34.3m
|
$40.6m
|
$18.2m
|
$55.8m
|
$47.4m
|
$43.6m
|
$46.7m
|
—
|
|
Other Nonoperating Income (Expense)
|
|
$780k
|
($699k)
|
$579k
|
($974k)
|
($916k)
|
($89k)
|
($753k)
|
($3.1m)
|
$738k
|
($3.8m)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$3.4m
|
$7.6m
|
($3.3m)
|
$8.7m
|
$9.3m
|
$16.4m
|
($12.3m)
|
$1.4m
|
$6.7m
|
$5.3m
|
|
Increase (Decrease) in Other Operating Assets
|
|
$1.4m
|
$576k
|
$2.7m
|
$120k
|
$771k
|
($4.3m)
|
($5.2m)
|
$7.3m
|
$4.8m
|
$446k
|
|
Distributions paid to shareholders
|
|
$70.8m
|
$98.3m
|
$178.9m
|
$162.7m
|
$122.5m
|
$147.6m
|
$107.4m
|
$112.4m
|
$119.2m
|
$126.9m
|
|
Debt and Equity Securities, Unrealized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.8m
|
—
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
($1.7m)
|
($47k)
|
($211k)
|
($9k)
|
$1.3m
|
($2.0m)
|
($1.6m)
|
$787k
|
($1.2m)
|
($1.1m)
|
|
Gain (Loss) on Investments
|
|
—
|
—
|
($14.3m)
|
$21.7m
|
($4.1m)
|
$18.8m
|
($25.1m)
|
$4.3m
|
$16.6m
|
$8.7m
|
|
General and Administrative Expense
|
|
$51.6m
|
$52.6m
|
$48.3m
|
$47.6m
|
$56.3m
|
$48.0m
|
$54.8m
|
$66.7m
|
$60.1m
|
$71.2m
|
|
Goodwill
|
|
$17.7m
|
$19.0m
|
$18.5m
|
$18.3m
|
$19.2m
|
$18.4m
|
$17.8m
|
$18.1m
|
$17.5m
|
$18.8m
|
|
Marketable Securities, Unrealized Gain (Loss)
|
|
—
|
—
|
($12.8m)
|
$9.4m
|
$1.3m
|
$10.4m
|
($32.3m)
|
$10.3m
|
$17.2m
|
$7.7m
|
|
Nonoperating Income (Expense)
|
|
$7.9m
|
$5.7m
|
($3.3m)
|
$27.4m
|
($1.7m)
|
$21.6m
|
($19.0m)
|
$15.8m
|
$36.7m
|
$26.9m
|
|
Operating Expenses
|
|
$214.4m
|
$223.4m
|
$234.1m
|
$250.7m
|
$332.5m
|
$323.5m
|
$351.0m
|
$325.2m
|
$344.5m
|
$378.4m
|
|
Proceeds from Contributions from Parent
|
|
$2.0m
|
—
|
—
|
$3.0m
|
$2.0m
|
$3.0m
|
—
|
—
|
—
|
—
|
|
Realized Investment Gains (Losses)
|
|
—
|
—
|
—
|
—
|
—
|
$8.4m
|
$7.1m
|
($6.0m)
|
($658k)
|
—
|
|
Revenue from Contract with Customer, Including Assessed Tax
|
|
—
|
—
|
$381.1m
|
$410.8m
|
$427.5m
|
$583.8m
|
$566.9m
|
$489.6m
|
$517.4m
|
$556.1m
|
|
Derivative, Gain (Loss) on Derivative, Net
|
|
$2.5m
|
($1.9m)
|
($1.5m)
|
$631k
|
($2.3m)
|
($2.1m)
|
$6.7m
|
($2.3m)
|
($2.6m)
|
($7.0m)
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$115.0m
|
$64.3m
|
$72.6m
|
$141.4m
|
$89.2m
|
$242.9m
|
$61.7m
|
$172.0m
|
$96.7m
|
($120.4m)
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$10.2m
|
$3.2m
|
$3.5m
|
$2.8m
|
$2.5m
|
$2.7m
|
$4.2m
|
$57.0m
|
$11.7m
|
$6.0m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
$2.9m
|
$5.7m
|
($53.2m)
|
$35.9m
|
($1.8m)
|
$47.6m
|
($2.9m)
|
($114.8m)
|
($119.7m)
|
$8.4m
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Common Stock
|
|
$642k
|
$636k
|
$597k
|
$741k
|
$859k
|
$1.0m
|
$1.0m
|
$1.1m
|
$1.1m
|
$961k
|
|
Payments for Repurchase of Common Stock
|
|
$8.0m
|
$9.1m
|
$10.6m
|
$10.4m
|
$25.9m
|
$22.6m
|
$26.8m
|
$21.5m
|
$21.1m
|
$28.4m
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$70.8m
|
$98.3m
|
$178.9m
|
$162.7m
|
$122.5m
|
$147.6m
|
$107.4m
|
$112.4m
|
$119.2m
|
$126.9m
|
|
Proceeds from (Payments to) Noncontrolling Interests
|
|
$4.0m
|
$46.7m
|
$81.6m
|
$45.7m
|
$4.7m
|
$23.7m
|
$142.1m
|
$14.5m
|
$88.9m
|
$228.7m
|
|
Proceeds from (Payments for) Other Financing Activities
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($603k)
|
($15k)
|
($442k)
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($74.5m)
|
($60.4m)
|
($118.1m)
|
($170.1m)
|
($148.9m)
|
($145.4m)
|
$9.0m
|
($119.1m)
|
$18.2m
|
$73.8m
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
($2.8m)
|
$679k
|
($2.0m)
|
$1.4m
|
$1.4m
|
($999k)
|
($4.4m)
|
$2.8m
|
($1.6m)
|
$1.7m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($2.8m)
|
$679k
|
($2.0m)
|
$1.4m
|
$1.4m
|
$145.1m
|
$67.8m
|
($61.9m)
|
($1.6m)
|
$1.7m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$101.4m
|
$41.2m
|
$185.4m
|
$248.7m
|
$189.6m
|
$183.2m
|
$146.6m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
($49.3m)
|
($57.7m)
|
($36.8m)
|
($37.0m)
|
($27.7m)
|
($45.7m)
|
($63.6m)
|
($45.8m)
|
($47.2m)
|
$51.7m
|