2023 Q4 Form 10-Q Financial Statement

#000100443423000034 Filed on November 06, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $502.7M $525.2M
YoY Change -6.86% -9.23%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $329.3M $91.10M
YoY Change -14.31% -2.25%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.80M $15.50M
YoY Change -14.29% -14.84%
% of Gross Profit
Operating Expenses $352.7M $357.4M
YoY Change -16.58% -15.98%
Operating Profit
YoY Change
Interest Expense $124.1M $31.10M
YoY Change -58.65% 9.89%
% of Operating Profit
Other Income/Expense, Net $0.00 $133.1M
YoY Change -100.0%
Pretax Income $274.1M $363.7M
YoY Change -74.11% 80.86%
Income Tax $29.80M $77.70M
% Of Pretax Income 10.87% 21.36%
Net Earnings $196.2M $217.0M
YoY Change -74.78% 92.72%
Net Earnings / Revenue 39.03% 41.32%
Basic Earnings Per Share $6.22
Diluted Earnings Per Share $4.75 $5.48
COMMON SHARES
Basic Shares Outstanding 33.81M shares 35.05M shares
Diluted Shares Outstanding 43.40M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $813.6M $1.462B
YoY Change -29.01% 81.19%
Cash & Equivalents $813.6M $999.2M
Short-Term Investments $461.0M $462.3M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $368.4M $428.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.182B $1.428B
YoY Change 58.62% 42.72%
LONG-TERM ASSETS
Property, Plant & Equipment $67.30M $63.80M
YoY Change -1.75% -8.99%
Goodwill $2.524B $2.509B
YoY Change -4.72% -4.52%
Intangibles $1.812B $1.810B
YoY Change -3.39% -2.93%
Long-Term Investments $3.230B $88.40M
YoY Change 3575.09% -7.43%
Other Assets
YoY Change
Total Long-Term Assets $7.878B $7.576B
YoY Change -3.17% 1.96%
TOTAL ASSETS
Total Short-Term Assets $1.182B $1.428B
Total Long-Term Assets $7.878B $7.576B
Total Assets $9.060B $9.004B
YoY Change 2.01% 6.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $628.5M $636.2M
YoY Change 11.79%
Accrued Expenses $566.2M
YoY Change 2.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $628.5M $636.2M
YoY Change -19.25% 11.79%
LONG-TERM LIABILITIES
Long-Term Debt $2.538B $2.537B
YoY Change 0.09% 0.08%
Other Long-Term Liabilities $466.3M $482.3M
YoY Change 1.0% -30.36%
Total Long-Term Liabilities $3.004B $3.019B
YoY Change 0.23% -6.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $628.5M $636.2M
Total Long-Term Liabilities $3.004B $3.019B
Total Liabilities $5.472B $4.107B
YoY Change 29.05% -4.22%
SHAREHOLDERS EQUITY
Retained Earnings $6.390B $6.194B
YoY Change 11.74% 25.36%
Common Stock $742.0M $722.9M
YoY Change 6.59% 1.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.376B
YoY Change 13.27%
Treasury Stock Shares
Shareholders Equity $3.588B $3.495B
YoY Change
Total Liabilities & Shareholders Equity $9.060B $9.004B
YoY Change 2.01% 6.8%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $196.2M $217.0M
YoY Change -74.78% 92.72%
Depreciation, Depletion And Amortization $13.80M $15.50M
YoY Change -14.29% -14.84%
Cash From Operating Activities $255.0M $292.0M
YoY Change -1.43% 0.38%
INVESTING ACTIVITIES
Capital Expenditures $5.800M $2.600M
YoY Change 152.17% -186.67%
Acquisitions
YoY Change
Other Investing Activities -$207.6M $189.4M
YoY Change -230.57% -306.77%
Cash From Investing Activities -$213.4M $186.8M
YoY Change -236.18% -297.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -234.3M -258.8M
YoY Change -62.44% 58.87%
NET CHANGE
Cash From Operating Activities 255.0M 292.0M
Cash From Investing Activities -213.4M 186.8M
Cash From Financing Activities -234.3M -258.8M
Net Change In Cash -192.7M 220.0M
YoY Change -7.53% 558.68%
FREE CASH FLOW
Cash From Operating Activities $255.0M $292.0M
Capital Expenditures $5.800M $2.600M
Free Cash Flow $249.2M $289.4M
YoY Change -2.81% -1.53%

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amg Proceeds From Payments For Affiliate Equity Issuances And Repurchases
ProceedsFromPaymentsForAffiliateEquityIssuancesAndRepurchases
-21800000 usd
amg Proceeds From Payments For Affiliate Equity Issuances And Repurchases
ProceedsFromPaymentsForAffiliateEquityIssuancesAndRepurchases
-28300000 usd
amg Subscriptions To Consolidated Affiliate Sponsored Investment Products Net Of Redemptions
SubscriptionsToConsolidatedAffiliateSponsoredInvestmentProductsNetOfRedemptions
6500000 usd
amg Subscriptions To Consolidated Affiliate Sponsored Investment Products Net Of Redemptions
SubscriptionsToConsolidatedAffiliateSponsoredInvestmentProductsNetOfRedemptions
-9700000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-70700000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-54800000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-779100000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-524000000.0 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-37300000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-200000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-285600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
573100000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
908500000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
429200000 usd
CY2022Q3 amg Reduction To Cash Due To Deconsolidation Affiliates And Affiliate Sponsored Investment Products
ReductionToCashDueToDeconsolidationAffiliatesAndAffiliateSponsoredInvestmentProducts
0 usd
CY2023Q3 amg Reduction To Cash Due To Deconsolidation Affiliates And Affiliate Sponsored Investment Products
ReductionToCashDueToDeconsolidationAffiliatesAndAffiliateSponsoredInvestmentProducts
3100000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
622900000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
999200000 usd
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates.
CY2022Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
394400000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
44200000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
59900000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
2600000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
6400000 usd
us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
1800000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
447900000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
45000000.0 usd
CY2022Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
3600000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-21600000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-2100000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
1300000 usd
CY2023Q3 amg Debt Securities Available For Sale Maturity Year One
DebtSecuritiesAvailableForSaleMaturityYearOne
228300000 usd
CY2023Q3 amg Debt Securities Available For Sale Maturity Year Two
DebtSecuritiesAvailableForSaleMaturityYearTwo
171900000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
252300000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
400700000 usd
CY2022Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
19700000 usd
CY2023Q3 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
18300000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
100000 usd
CY2022Q4 amg Debt Securities Trading Accumulated Gross Unrealized Gain Before Tax
DebtSecuritiesTradingAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2023Q3 amg Debt Securities Trading Accumulated Gross Unrealized Gain Before Tax
DebtSecuritiesTradingAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1300000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
600000 usd
CY2022Q4 amg Debt Securities Trading Accumulated Gross Unrealized Loss Before Tax
DebtSecuritiesTradingAccumulatedGrossUnrealizedLossBeforeTax
1700000 usd
CY2023Q3 amg Debt Securities Trading Accumulated Gross Unrealized Loss Before Tax
DebtSecuritiesTradingAccumulatedGrossUnrealizedLossBeforeTax
1200000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
251000000.0 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
400200000 usd
CY2022Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
18000000.0 usd
CY2023Q3 us-gaap Trading Securities Debt
TradingSecuritiesDebt
17100000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
CY2022Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
CY2023Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
178400000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
280100000 usd
CY2022Q3 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
-800000 usd
us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
-3500000 usd
CY2023Q3 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
0 usd
us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
0 usd
CY2022Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
158300000 usd
CY2023Q3 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
151700000 usd
amg Fair Value Investments Entities That Calculate Na Vs Lifeof Fund
FairValueInvestmentsEntitiesThatCalculateNAVsLifeofFund
P15Y
CY2022Q4 amg Equity Securities Without Readily Determinable Fair Value Cost
EquitySecuritiesWithoutReadilyDeterminableFairValueCost
8500000 usd
CY2023Q3 amg Equity Securities Without Readily Determinable Fair Value Cost
EquitySecuritiesWithoutReadilyDeterminableFairValueCost
8500000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
41900000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
41900000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
0 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
0 usd
CY2022Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2022Q2 us-gaap Other Investments
OtherInvestments
384700000 usd
CY2023Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2023Q2 us-gaap Other Investments
OtherInvestments
457000000.0 usd
CY2022Q3 amg Equity Securities Without Readily Determinable Fair Value Purchases And Commitments
EquitySecuritiesWithoutReadilyDeterminableFairValuePurchasesAndCommitments
0 usd
CY2022Q3 amg Other Investments Purchases
OtherInvestmentsPurchases
11200000 usd
CY2023Q3 amg Equity Securities Without Readily Determinable Fair Value Purchases And Commitments
EquitySecuritiesWithoutReadilyDeterminableFairValuePurchasesAndCommitments
0 usd
CY2023Q3 amg Other Investments Purchases
OtherInvestmentsPurchases
16000000.0 usd
CY2022Q3 amg Equity Securities Without Readily Determinable Fair Value Sales And Distributions
EquitySecuritiesWithoutReadilyDeterminableFairValueSalesAndDistributions
0 usd
CY2022Q3 amg Other Investments Sales
OtherInvestmentsSales
31800000 usd
CY2023Q3 amg Equity Securities Without Readily Determinable Fair Value Sales And Distributions
EquitySecuritiesWithoutReadilyDeterminableFairValueSalesAndDistributions
0 usd
CY2023Q3 amg Other Investments Sales
OtherInvestmentsSales
20500000 usd
CY2022Q3 amg Equity Securities Without Readily Determinable Fair Value Net Gain Loss
EquitySecuritiesWithoutReadilyDeterminableFairValueNetGainLoss
0 usd
CY2022Q3 amg Other Investments Gain Loss Net
OtherInvestmentsGainLossNet
-10400000 usd
CY2023Q3 amg Equity Securities Without Readily Determinable Fair Value Net Gain Loss
EquitySecuritiesWithoutReadilyDeterminableFairValueNetGainLoss
0 usd
CY2023Q3 amg Other Investments Gain Loss Net
OtherInvestmentsGainLossNet
5400000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2023Q3 us-gaap Other Investments
OtherInvestments
457900000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2021Q4 us-gaap Other Investments
OtherInvestments
375200000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2022Q4 us-gaap Other Investments
OtherInvestments
421600000 usd
amg Equity Securities Without Readily Determinable Fair Value Purchases And Commitments
EquitySecuritiesWithoutReadilyDeterminableFairValuePurchasesAndCommitments
0 usd
amg Other Investments Purchases
OtherInvestmentsPurchases
62000000.0 usd
amg Equity Securities Without Readily Determinable Fair Value Sales And Distributions
EquitySecuritiesWithoutReadilyDeterminableFairValueSalesAndDistributions
0 usd
amg Other Investments Sales
OtherInvestmentsSales
49400000 usd
amg Equity Securities Without Readily Determinable Fair Value Net Gain Loss
EquitySecuritiesWithoutReadilyDeterminableFairValueNetGainLoss
0 usd
amg Other Investments Gain Loss Net
OtherInvestmentsGainLossNet
-8800000 usd
amg Equity Securities Without Readily Determinable Fair Value Net Gain Loss
EquitySecuritiesWithoutReadilyDeterminableFairValueNetGainLoss
0 usd
amg Other Investments Gain Loss Net
OtherInvestmentsGainLossNet
23700000 usd
CY2022Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2022Q3 us-gaap Other Investments
OtherInvestments
353700000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
50400000 usd
CY2023Q3 us-gaap Other Investments
OtherInvestments
457900000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2139500000 usd
CY2023Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2034900000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
87900000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
88400000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2535300000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
2536900000 usd
CY2023Q3 amg Investment Commitment Amount
InvestmentCommitmentAmount
151700000 usd
CY2023Q3 amg Deferred Payment Obligations Liability
DeferredPaymentObligationsLiability
65000000.0 usd
CY2023Q3 amg Deferred Payment Obligations Liability To Be Paid Year One
DeferredPaymentObligationsLiabilityToBePaidYearOne
21700000 usd
CY2023Q3 amg Deferred Payment Obligations Liability To Be Paid Year Two
DeferredPaymentObligationsLiabilityToBePaidYearTwo
43300000 usd
CY2023Q3 amg Deferred Payment Obligations Liability To Be Paid Year Three
DeferredPaymentObligationsLiabilityToBePaidYearThree
0 usd
CY2023Q3 amg Contingent Consideration Liability
ContingentConsiderationLiability
18200000 usd
CY2023Q3 amg Contingent Consideration Liability To Be Paid Year One
ContingentConsiderationLiabilityToBePaidYearOne
0 usd
CY2023Q3 amg Contingent Consideration Liability To Be Paid Year Two
ContingentConsiderationLiabilityToBePaidYearTwo
14300000 usd
CY2023Q3 amg Contingent Consideration Liability To Be Paid Year Three
ContingentConsiderationLiabilityToBePaidYearThree
3900000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2022Q4 us-gaap Goodwill
Goodwill
2648700000 usd
amg Goodwill Deconsolidated
GoodwillDeconsolidated
136500000 usd
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
1900000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5100000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
2509000000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q3 amg Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates Net Of Transaction Costs
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliatesNetOfTransactionCosts
287400000 usd
CY2023Q3 amg Divestiture Of Business Transaction Costs
DivestitureOfBusinessTransactionCosts
6600000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
133100000 usd
CY2023Q3 amg Proceeds From Divestiture Of Businesses Net Cash Proceeds After Tax
ProceedsFromDivestitureOfBusinessesNetCashProceedsAfterTax
225100000 usd
CY2022Q4 amg Number Of Affiliates Equity Method Investment
NumberOfAffiliatesEquityMethodInvestment
20 affiliate
CY2023Q3 amg Number Of Affiliates Equity Method Investment
NumberOfAffiliatesEquityMethodInvestment
21 affiliate
CY2023Q3 amg Common Stock Voting Rights Percent
CommonStockVotingRightsPercent
0.05
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15200000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14500000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
45000000.0 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43900000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2000000.0 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1900000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5600000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5500000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
64700000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
68300000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3200000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
76.81
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0.0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
amg Share Based Compensation Arrangement By Sharebased Payment Award Options Period Increase Decrease Performance Condition Changes
ShareBasedCompensationArrangementBySharebasedPaymentAwardOptionsPeriodIncreaseDecreasePerformanceConditionChanges
0 shares
amg Sharebased Compensation Arrangementsby Sharebased Payment Award Options Performance Condition Changes Weighted Average Exercise Price
SharebasedCompensationArrangementsbySharebasedPaymentAwardOptionsPerformanceConditionChangesWeightedAverageExercisePrice
0
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3200000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
76.74
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0.0 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
119.54
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1800000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
47.84
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
465400000 usd
amg Noncontrolling Interest Decrease From Affiliate Transaction
NoncontrollingInterestDecreaseFromAffiliateTransaction
16800000 usd
amg Noncontrolling Interest Increasedecrease Attributableto Consolidated Partnerships
NoncontrollingInterestIncreasedecreaseAttributabletoConsolidatedPartnerships
-6200000 usd
amg Noncontrolling Interest Decreasefrom Transfersto Other Liabilities
NoncontrollingInterestDecreasefromTransferstoOtherLiabilities
-57100000 usd
amg Noncontrolling Interest Increase From Transfers To Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromTransfersToNoncontrollingInterestHolders
100000 usd
amg Redeemable Noncontrolling Interest Equity Change In Redemption Value
RedeemableNoncontrollingInterestEquityChangeInRedemptionValue
-46900000 usd
CY2023Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
432300000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
278000000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
216400000 usd
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
37000000 usd
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
41700000 usd
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
15200000 usd
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
13400000 usd
CY2022Q3 amg Affiliate Equity Compensation Expense Including Portion Attributableto Noncontrolling Interest
AffiliateEquityCompensationExpenseIncludingPortionAttributabletoNoncontrollingInterest
9000000.0 usd
CY2023Q3 amg Affiliate Equity Compensation Expense Including Portion Attributableto Noncontrolling Interest
AffiliateEquityCompensationExpenseIncludingPortionAttributabletoNoncontrollingInterest
11500000 usd
amg Affiliate Equity Compensation Expense Including Portion Attributableto Noncontrolling Interest
AffiliateEquityCompensationExpenseIncludingPortionAttributabletoNoncontrollingInterest
35900000 usd
amg Affiliate Equity Compensation Expense Including Portion Attributableto Noncontrolling Interest
AffiliateEquityCompensationExpenseIncludingPortionAttributabletoNoncontrollingInterest
39500000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
112600000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
217000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
368000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
476800000 usd
CY2022Q3 amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Issuances
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsIssuances
5100000 usd
CY2023Q3 amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Issuances
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsIssuances
4500000 usd
amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Issuances
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsIssuances
200000 usd
amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Issuances
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsIssuances
13100000 usd
CY2022Q3 amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Purchases
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsPurchases
2300000 usd
CY2023Q3 amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Purchases
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsPurchases
-1900000 usd
amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Purchases
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsPurchases
32200000 usd
amg Adjustments To Additional Paid In Capital Increase Decrease In Carrying Amount Of Redeemable Noncontrolling Interests Purchases
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInCarryingAmountOfRedeemableNoncontrollingInterestsPurchases
36100000 usd
CY2022Q3 amg Increase Decrease In Equity Due To Profit Loss And Net Transfers With Noncontrolling Interests
IncreaseDecreaseInEquityDueToProfitLossAndNetTransfersWithNoncontrollingInterests
105200000 usd
CY2023Q3 amg Increase Decrease In Equity Due To Profit Loss And Net Transfers With Noncontrolling Interests
IncreaseDecreaseInEquityDueToProfitLossAndNetTransfersWithNoncontrollingInterests
214400000 usd
amg Increase Decrease In Equity Due To Profit Loss And Net Transfers With Noncontrolling Interests
IncreaseDecreaseInEquityDueToProfitLossAndNetTransfersWithNoncontrollingInterests
335600000 usd
amg Increase Decrease In Equity Due To Profit Loss And Net Transfers With Noncontrolling Interests
IncreaseDecreaseInEquityDueToProfitLossAndNetTransfersWithNoncontrollingInterests
427600000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36800000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
130500000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
155400000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
112600000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
217000000.0 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
368000000.0 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
476800000 usd
CY2022Q3 amg Net Income Loss Other Noncontrolling Interests Redeemable
NetIncomeLossOtherNoncontrollingInterestsRedeemable
5800000 usd
CY2023Q3 amg Net Income Loss Other Noncontrolling Interests Redeemable
NetIncomeLossOtherNoncontrollingInterestsRedeemable
17100000 usd
amg Net Income Loss Other Noncontrolling Interests Redeemable
NetIncomeLossOtherNoncontrollingInterestsRedeemable
43400000 usd
amg Net Income Loss Other Noncontrolling Interests Redeemable
NetIncomeLossOtherNoncontrollingInterestsRedeemable
39400000 usd
CY2022Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
3400000 usd
CY2023Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
3400000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
10600000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
10100000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
121800000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
237500000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
422000000.0 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
526300000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38200000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1300000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1700000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1400000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1700000 shares
CY2022Q3 amg Settlement Of Redeemable Non Controlling Interests Shares Issued
SettlementOfRedeemableNonControllingInterestsSharesIssued
2300000 shares
CY2023Q3 amg Settlement Of Redeemable Non Controlling Interests Shares Issued
SettlementOfRedeemableNonControllingInterestsSharesIssued
5100000 shares
amg Settlement Of Redeemable Non Controlling Interests Shares Issued
SettlementOfRedeemableNonControllingInterestsSharesIssued
5700000 shares
amg Settlement Of Redeemable Non Controlling Interests Shares Issued
SettlementOfRedeemableNonControllingInterestsSharesIssued
3900000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1700000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1700000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1900000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1700000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43500000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42900000 shares
CY2023Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1200000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2000000 shares
CY2023Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
137.34
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
132.90
CY2022Q4 amg Accelerated Share Repurchase Upfront Payment
AcceleratedShareRepurchaseUpfrontPayment
225000000 usd
CY2022Q4 amg Accelerated Share Repurchase Stock Repurchased During Period Shares
AcceleratedShareRepurchaseStockRepurchasedDuringPeriodShares
1100000 shares
CY2022Q4 amg Accelerated Share Repurchase Percentage Of Shares Received
AcceleratedShareRepurchasePercentageOfSharesReceived
0.80
CY2023Q2 amg Accelerated Share Repurchase Stock Repurchased During Period Shares
AcceleratedShareRepurchaseStockRepurchasedDuringPeriodShares
400000 shares
CY2023Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1500000 shares
CY2023Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
147.29
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-93300000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-4900000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-88400000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-27300000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3000000.0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30300000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-177000000.0 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2800000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-174200000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
28300000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
6800000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21500000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
21600000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
100000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21500000 usd

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