2019 Q3 Form 10-Q Financial Statement

#000174882419000067 Filed on November 12, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3
Revenue $197.8M $230.1M
YoY Change -14.04% 3.09%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $139.9M $211.5M
YoY Change -33.85% 0.67%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.000M $5.300M
YoY Change 13.21% 10.42%
% of Gross Profit
Operating Expenses $145.9M $216.8M
YoY Change -32.7% 0.88%
Operating Profit $51.90M $13.30M
YoY Change 290.23%
Interest Expense -$5.600M -$1.500M
YoY Change 273.33% -148.39%
% of Operating Profit -10.79% -11.28%
Other Income/Expense, Net -$900.0K -$2.600M
YoY Change -65.38% -176.47%
Pretax Income $51.00M $10.70M
YoY Change 376.64% -27.7%
Income Tax -$32.00M -$43.40M
% Of Pretax Income -62.75% -405.61%
Net Earnings $75.40M $54.20M
YoY Change 39.11% 189.84%
Net Earnings / Revenue 38.12% 23.55%
Basic Earnings Per Share $0.84 $0.51
Diluted Earnings Per Share $0.84 $0.51
COMMON SHARES
Basic Shares Outstanding 90.00M shares 106.4M shares
Diluted Shares Outstanding 90.00M shares 106.5M shares

Balance Sheet

Concept 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $124.7M $321.5M
YoY Change -61.21% 138.68%
Cash & Equivalents $124.7M $321.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $284.0M $507.9M
YoY Change -44.08% 54.24%
LONG-TERM ASSETS
Property, Plant & Equipment $63.50M $45.80M
YoY Change 38.65% 10.9%
Goodwill $274.6M
YoY Change
Intangibles
YoY Change
Long-Term Investments $378.6M $345.5M
YoY Change 9.58% 10.7%
Other Assets $261.7M $267.7M
YoY Change -2.24% -27.14%
Total Long-Term Assets $1.148B $1.066B
YoY Change 7.75% -4.03%
TOTAL ASSETS
Total Short-Term Assets $284.0M $507.9M
Total Long-Term Assets $1.148B $1.066B
Total Assets $1.432B $1.574B
YoY Change -8.98% 9.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.90M $69.60M
YoY Change -32.61% 62.62%
Accrued Expenses $130.1M $181.8M
YoY Change -28.44% 7.07%
Deferred Revenue
YoY Change
Short-Term Debt $1.600M $1.400M
YoY Change 14.29%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $194.9M $356.9M
YoY Change -45.39% -15.25%
LONG-TERM LIABILITIES
Long-Term Debt $603.6M $408.1M
YoY Change 47.9% -4.22%
Other Long-Term Liabilities $481.1M $636.9M
YoY Change -24.46% 42.77%
Total Long-Term Liabilities $1.085B $1.045B
YoY Change 3.8% 19.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $194.9M $356.9M
Total Long-Term Liabilities $1.085B $1.045B
Total Liabilities $1.280B $1.474B
YoY Change -13.17% 12.59%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $28.80M $99.90M
YoY Change
Total Liabilities & Shareholders Equity $1.432B $1.574B
YoY Change -8.98% 9.3%

Cashflow Statement

Concept 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $75.40M $54.20M
YoY Change 39.11% 189.84%
Depreciation, Depletion And Amortization $6.000M $5.300M
YoY Change 13.21% 10.42%
Cash From Operating Activities $81.00M $120.2M
YoY Change -32.61% 8.0%
INVESTING ACTIVITIES
Capital Expenditures -$9.600M -$6.500M
YoY Change 47.69% 96.97%
Acquisitions
YoY Change
Other Investing Activities $11.10M -$92.70M
YoY Change -111.97% 41.31%
Cash From Investing Activities $1.500M -$99.20M
YoY Change -101.51% 43.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -61.10M 18.90M
YoY Change -423.28% 110.0%
NET CHANGE
Cash From Operating Activities 81.00M 120.2M
Cash From Investing Activities 1.500M -99.20M
Cash From Financing Activities -61.10M 18.90M
Net Change In Cash 21.40M 39.90M
YoY Change -46.37% -22.37%
FREE CASH FLOW
Cash From Operating Activities $81.00M $120.2M
Capital Expenditures -$9.600M -$6.500M
Free Cash Flow $90.60M $126.7M
YoY Change -28.49% 10.56%

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-1200000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1800000 USD
CY2017Q4 bsig Total Equity Including Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TotalEquityIncludingTemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
171300000 USD
bsig Stock Issued During Period Value New Issues Permanent And Temporary Equities
StockIssuedDuringPeriodValueNewIssuesPermanentAndTemporaryEquities
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
62100000 USD
bsig Stock Repurchased During Period Value Permanentand Temporary Equities
StockRepurchasedDuringPeriodValuePermanentandTemporaryEquities
62100000 USD
bsig Capital Contributions Redemptions
CapitalContributionsRedemptions
9300000 USD
bsig Capital Contributions Redemptionsin Permanentand Temporary Equities
CapitalContributionsRedemptionsinPermanentandTemporaryEquities
77300000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4200000 USD
bsig Adjustments To Additional Paid In Capital In Permanent And Temporary Equities Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalInPermanentAndTemporaryEquitiesSharebasedCompensationRequisiteServicePeriodRecognitionValue
4200000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1200000 USD
bsig Temporary Equity Noncontrolling Interest Increase Decreasefrom Consolidation Deconsolidation
TemporaryEquityNoncontrollingInterestIncreaseDecreasefromConsolidationDeconsolidation
58100000 USD
bsig Permanentand Temporary Equities Noncontrolling Interest Consolidation Deconsolidation
PermanentandTemporaryEquitiesNoncontrollingInterestConsolidationDeconsolidation
99600000 USD
us-gaap Dividends
Dividends
31600000 USD
bsig Dividends Redemptions In Permanent And Temporary Equities
DividendsRedemptionsInPermanentAndTemporaryEquities
31600000 USD
bsig Net Income Loss Including Portion Attributable To Noncontrolling Interest Before Allocation To Temporary Equities
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestBeforeAllocationToTemporaryEquities
111600000 USD
bsig Profit Loss Permanent And Temporary Equities
ProfitLossPermanentAndTemporaryEquities
111500000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
101300000 USD
CY2018Q3 bsig Total Equity Including Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TotalEquityIncludingTemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
171700000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
134200000 USD
CY2018Q4 bsig Total Equity Including Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TotalEquityIncludingTemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
176100000 USD
bsig Stock Issued During Period Value New Issues Permanent And Temporary Equities
StockIssuedDuringPeriodValueNewIssuesPermanentAndTemporaryEquities
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
209300000 USD
bsig Stock Repurchased During Period Value Permanentand Temporary Equities
StockRepurchasedDuringPeriodValuePermanentandTemporaryEquities
209300000 USD
bsig Capital Contributions Redemptions
CapitalContributionsRedemptions
4900000 USD
bsig Capital Contributions Redemptionsin Permanentand Temporary Equities
CapitalContributionsRedemptionsinPermanentandTemporaryEquities
41200000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5100000 USD
bsig Adjustments To Additional Paid In Capital In Permanent And Temporary Equities Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalInPermanentAndTemporaryEquitiesSharebasedCompensationRequisiteServicePeriodRecognitionValue
5100000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-900000 USD
bsig Other Comprehensive Income Loss In Permanent And Temporary Equities Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossInPermanentAndTemporaryEquitiesForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-900000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1800000 USD
bsig Other Comprehensive Income Loss Derivatives Qualifyingas Hedges Amortization Netof Tax
OtherComprehensiveIncomeLossDerivativesQualifyingasHedgesAmortizationNetofTax
1800000 USD
CY2019Q3 bsig Adjustments To Additional Paid In Capital Amendment Of Deferred Tax Asset Deed
AdjustmentsToAdditionalPaidInCapitalAmendmentOfDeferredTaxAssetDeed
0 USD
CY2019Q3 bsig Adjustments To Additional Paid In Capital Amendment Of Deferred Tax Asset Deed
AdjustmentsToAdditionalPaidInCapitalAmendmentOfDeferredTaxAssetDeed
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
300000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
300000 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
0 USD
bsig Permanentand Temporary Equities Noncontrolling Interest Consolidation Deconsolidation
PermanentandTemporaryEquitiesNoncontrollingInterestConsolidationDeconsolidation
0 USD
us-gaap Dividends
Dividends
27300000 USD
bsig Dividends Redemptions In Permanent And Temporary Equities
DividendsRedemptionsInPermanentAndTemporaryEquities
27300000 USD
bsig Net Income Loss Including Portion Attributable To Noncontrolling Interest Before Allocation To Temporary Equities
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestBeforeAllocationToTemporaryEquities
162000000.0 USD
bsig Profit Loss Permanent And Temporary Equities
ProfitLossPermanentAndTemporaryEquities
165700000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70800000 USD
CY2019Q3 bsig Total Equity Including Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TotalEquityIncludingTemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
152700000 USD
us-gaap Profit Loss
ProfitLoss
165700000 USD
us-gaap Profit Loss
ProfitLoss
111500000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11200000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-183600000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
142700000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-183600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
142800000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
18000000.0 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
75900000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
40100000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
49200000 USD
bsig Paymentsfor Contributionsto Equity Method Investees
PaymentsforContributionstoEquityMethodInvestees
8000000.0 USD
bsig Paymentsfor Contributionsto Equity Method Investees
PaymentsforContributionstoEquityMethodInvestees
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3800000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
bsig Consolidation Deconsolidationof Funds
ConsolidationDeconsolidationofFunds
0 USD
bsig Consolidation Deconsolidationof Funds
ConsolidationDeconsolidationofFunds
-40200000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8800000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
18600000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
18600000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1800000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
bsig Paymentsfor Noncontrolling Interest Capital Redeemed
PaymentsforNoncontrollingInterestCapitalRedeemed
-3100000 USD
bsig Paymentsfor Noncontrolling Interest Capital Redeemed
PaymentsforNoncontrollingInterestCapitalRedeemed
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-28400000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-40300000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-40300000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-220800000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
121100000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345500000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200400000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124700000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321500000 USD
us-gaap Interest Paid Net
InterestPaidNet
24800000 USD
us-gaap Interest Paid Net
InterestPaidNet
19900000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
41600000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
28000000.0 USD
bsig Permanentand Temporary Equities Noncontrolling Interest Consolidation Deconsolidation
PermanentandTemporaryEquitiesNoncontrollingInterestConsolidationDeconsolidation
0 USD
bsig Permanentand Temporary Equities Noncontrolling Interest Consolidation Deconsolidation
PermanentandTemporaryEquitiesNoncontrollingInterestConsolidationDeconsolidation
99600000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
16588838 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
12.54
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
208300000 USD
CY2019Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2787247 shares
CY2019Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
9.10
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
25400000 USD
CY2018Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
321400000 USD
CY2019Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
322400000 USD
CY2018Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
321400000 USD
CY2019Q3 bsig Equity Accounted Investments In Affiliates And Consolidated Funds
EquityAccountedInvestmentsInAffiliatesAndConsolidatedFunds
56200000 USD
CY2018Q4 bsig Equity Accounted Investments In Affiliates And Consolidated Funds
EquityAccountedInvestmentsInAffiliatesAndConsolidatedFunds
1900000 USD
CY2019Q3 us-gaap Investments
Investments
378600000 USD
CY2018Q4 us-gaap Investments
Investments
323300000 USD
CY2019Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
322400000 USD
CY2019Q3 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
1600000 USD
CY2018Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
1700000 USD
CY2019Q3 bsig Ratioof Third Party Borrowingsto Trailing Twelve Months Adjusted Ebitda
RatioofThirdPartyBorrowingstoTrailingTwelveMonthsAdjustedEBITDA
3.0
CY2019Q3 bsig Debt Instrument Covenant Interest Coverage Ratio Minimum
DebtInstrumentCovenantInterestCoverageRatioMinimum
4.0
CY2019Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
bsig Lessee Operating Lease Termination Period
LesseeOperatingLeaseTerminationPeriod
P1Y
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40300000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
45300000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3400000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10300000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 USD
CY2018Q3 us-gaap Variable Lease Cost
VariableLeaseCost
200000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
3700000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
11000000.0 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
100000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5500000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y5M19D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0413
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8900000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
50000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4700000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
45300000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
75400000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
54000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
113400000 USD
CY2019Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2018Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
200000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
100000 USD
bsig Net Income Loss Availableto Common Stockholders Netof Participating Unvested Securities
NetIncomeLossAvailabletoCommonStockholdersNetofParticipatingUnvestedSecurities
156000000.0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
400000 USD
CY2019Q3 bsig Net Income Loss Availableto Common Stockholders Netof Participating Unvested Securities
NetIncomeLossAvailabletoCommonStockholdersNetofParticipatingUnvestedSecurities
75400000 USD
CY2018Q3 bsig Net Income Loss Availableto Common Stockholders Netof Participating Unvested Securities
NetIncomeLossAvailabletoCommonStockholdersNetofParticipatingUnvestedSecurities
53800000 USD
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106363714 shares
bsig Net Income Loss Availableto Common Stockholders Netof Participating Unvested Securities
NetIncomeLossAvailabletoCommonStockholdersNetofParticipatingUnvestedSecurities
113000000.0 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89970871 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92996289 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108057432 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1429 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
150995 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
79775 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
174278 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89972300 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106514709 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93076064 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108231710 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.68
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.68
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8970000 shares
CY2019Q3 bsig Other Income Expense Reimbursement
OtherIncomeExpenseReimbursement
900000 USD
CY2018Q3 bsig Other Income Expense Reimbursement
OtherIncomeExpenseReimbursement
1100000 USD
bsig Other Income Expense Reimbursement
OtherIncomeExpenseReimbursement
3200000 USD
bsig Other Income Expense Reimbursement
OtherIncomeExpenseReimbursement
6100000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
196400000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
229600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
609800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
701000000.0 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-800000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
700000 USD
CY2019Q3 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-100000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-200000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-400000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
700000 USD
CY2018Q3 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-100000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
200000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2019Q3 us-gaap Revenues
Revenues
197800000 USD
CY2019Q3 bsig Eni Operating Expenses
ENIOperatingExpenses
89200000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-900000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
2200000 USD
us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
900000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-1200000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
2100000 USD
us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
600000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2019Q3 bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
108600000 USD
CY2019Q3 bsig Variable Compensation
VariableCompensation
44100000 USD
CY2019Q3 bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
64500000 USD
CY2019Q3 bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
12600000 USD
CY2019Q3 bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
51900000 USD
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-7900000 USD
CY2019Q3 us-gaap Investment Income Net
InvestmentIncomeNet
7000000.0 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7600000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-32000000.0 USD
CY2018Q3 bsig Eni Operating Expenses
ENIOperatingExpenses
139100000 USD
CY2018Q3 bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
91000000.0 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
75400000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2018Q3 us-gaap Revenues
Revenues
230100000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Revenues
Revenues
713700000 USD
CY2018Q3 bsig Variable Compensation
VariableCompensation
57200000 USD
CY2018Q3 bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
33800000 USD
CY2018Q3 bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
20500000 USD
CY2018Q3 bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
13300000 USD
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-5400000 USD
CY2018Q3 us-gaap Investment Income Net
InvestmentIncomeNet
2800000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
200000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-43400000 USD
CY2018Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
100000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
54000000.0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Revenues
Revenues
612100000 USD
bsig Eni Operating Expenses
ENIOperatingExpenses
260000000.0 USD
bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
352100000 USD
bsig Variable Compensation
VariableCompensation
145800000 USD
bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
206300000 USD
bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
39800000 USD
bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
166500000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-22300000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
25200000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3700000 USD
us-gaap Net Income Loss
NetIncomeLoss
156100000 USD
bsig Eni Operating Expenses
ENIOperatingExpenses
414200000 USD
bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
299500000 USD
bsig Variable Compensation
VariableCompensation
182400000 USD
bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
117100000 USD
bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
62900000 USD
bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
54200000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-16700000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
62800000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11100000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
100000 USD
us-gaap Net Income Loss
NetIncomeLoss
113400000 USD

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