2018 Q2 Form 10-Q Financial Statement
#000156459018021049 Filed on August 09, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $895.8M | $411.0M |
YoY Change | 117.97% | 10.16% |
Cost Of Revenue | $603.5M | $223.7M |
YoY Change | 169.78% | 6.28% |
Gross Profit | $292.3M | $187.3M |
YoY Change | 56.06% | 15.19% |
Gross Profit Margin | 32.63% | 45.57% |
Selling, General & Admin | $162.3M | $58.30M |
YoY Change | 178.39% | 4.6% |
% of Gross Profit | 55.53% | 31.13% |
Research & Development | $89.60M | $39.08M |
YoY Change | 129.28% | -4.28% |
% of Gross Profit | 30.65% | 20.86% |
Depreciation & Amortization | $28.50M | $58.60M |
YoY Change | -51.37% | 0.86% |
% of Gross Profit | 9.75% | 31.29% |
Operating Expenses | $343.0M | $97.40M |
YoY Change | 252.16% | 0.87% |
Operating Profit | -$50.70M | $89.90M |
YoY Change | -156.4% | 36.14% |
Interest Expense | -$70.20M | -$26.30M |
YoY Change | 166.92% | -19.82% |
% of Operating Profit | -29.25% | |
Other Income/Expense, Net | $600.0K | -$1.200M |
YoY Change | -150.0% | -10100.0% |
Pretax Income | -$163.6M | $62.49M |
YoY Change | -361.79% | 88.21% |
Income Tax | -$99.90M | $11.34M |
% Of Pretax Income | 18.15% | |
Net Earnings | -$63.70M | $51.10M |
YoY Change | -224.66% | 81.07% |
Net Earnings / Revenue | -7.11% | 12.43% |
Basic Earnings Per Share | -$0.27 | $0.25 |
Diluted Earnings Per Share | -$0.27 | $0.24 |
COMMON SHARES | ||
Basic Shares Outstanding | 236.9M | 204.6M |
Diluted Shares Outstanding | 236.9M | 211.3M |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $785.0M | $90.00M |
YoY Change | 772.22% | -5.26% |
Cash & Equivalents | $785.1M | $90.40M |
Short-Term Investments | ||
Other Short-Term Assets | $187.0M | $53.00M |
YoY Change | 252.83% | -29.33% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $607.0M | $236.0M |
Other Receivables | $769.0M | $0.00 |
Total Short-Term Assets | $2.348B | $379.0M |
YoY Change | 519.53% | -7.42% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $581.7M | $101.0M |
YoY Change | 475.94% | 45.2% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $262.5M | |
YoY Change | ||
Other Assets | $2.000M | $2.000M |
YoY Change | 0.0% | 0.0% |
Total Long-Term Assets | $11.33B | $5.239B |
YoY Change | 116.19% | -0.77% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.348B | $379.0M |
Total Long-Term Assets | $11.33B | $5.239B |
Total Assets | $13.67B | $5.618B |
YoY Change | 143.4% | -1.25% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $39.00M | $33.00M |
YoY Change | 18.18% | 64.73% |
Accrued Expenses | $421.0M | $120.0M |
YoY Change | 250.83% | -3.37% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $73.00M | $37.00M |
YoY Change | 97.3% | 19.83% |
Total Short-Term Liabilities | $1.539B | $424.0M |
YoY Change | 262.97% | 2.44% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $6.837B | $2.262B |
YoY Change | 202.25% | -11.98% |
Other Long-Term Liabilities | $238.0M | $82.00M |
YoY Change | 190.24% | 32.44% |
Total Long-Term Liabilities | $7.075B | $2.344B |
YoY Change | 201.83% | -10.94% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.539B | $424.0M |
Total Long-Term Liabilities | $7.075B | $2.344B |
Total Liabilities | $9.470B | $3.200B |
YoY Change | 195.94% | -9.2% |
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 | $4.204B | $2.418B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $13.67B | $5.618B |
YoY Change | 143.4% | -1.25% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$63.70M | $51.10M |
YoY Change | -224.66% | 81.07% |
Depreciation, Depletion And Amortization | $28.50M | $58.60M |
YoY Change | -51.37% | 0.86% |
Cash From Operating Activities | $49.80M | $137.3M |
YoY Change | -63.73% | 13.75% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$27.80M | -$15.70M |
YoY Change | 77.07% | 31.93% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$4.610B | $0.00 |
YoY Change | -100.0% | |
Cash From Investing Activities | -$4.638B | -$15.70M |
YoY Change | 29438.22% | 21.71% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $1.400B | |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 6.018B | -141.6M |
YoY Change | -4350.14% | 24.1% |
NET CHANGE | ||
Cash From Operating Activities | 49.80M | 137.3M |
Cash From Investing Activities | -4.638B | -15.70M |
Cash From Financing Activities | 6.018B | -141.6M |
Net Change In Cash | 1.431B | -20.00M |
YoY Change | -7252.5% | 217.46% |
FREE CASH FLOW | ||
Cash From Operating Activities | $49.80M | $137.3M |
Capital Expenditures | -$27.80M | -$15.70M |
Free Cash Flow | $77.60M | $153.0M |
YoY Change | -49.28% | 15.38% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q2 | ssnc |
Funds Receivable And Funds Held On Behalf Of Clients
FundsReceivableAndFundsHeldOnBehalfOfClients
|
769600000 | |
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
30200000 | |
CY2018Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
6800000 | |
CY2018Q2 | ssnc |
Client Funds Obligations Current
ClientFundsObligationsCurrent
|
770800000 | |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
38700000 | |
CY2017Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
12200000 | |
CY2018Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
9600000 | |
CY2017Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
600000 | |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
359500000 | |
CY2018Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
483600000 | |
CY2018Q2 | us-gaap |
Land
Land
|
58300000 | |
CY2018Q2 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
302900000 | |
CY2018Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
354500000 | |
CY2018Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
715700000 | |
CY2018Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
134000000 | |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
581700000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
2100000 | |
CY2018Q2 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
30600000 | |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2018Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
600000 | |
CY2018Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
895800000 | |
CY2017Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
411000000 | |
CY2018Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
603500000 | |
CY2017Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
223700000 | |
CY2018Q2 | us-gaap |
Gross Profit
GrossProfit
|
292300000 | |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
108100000 | |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
28100000 | |
CY2018Q2 | us-gaap |
Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
|
91100000 | |
us-gaap |
Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
|
94500000 | ||
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
343000000 | |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
97400000 | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-50700000 | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
89900000 | |
CY2018Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-70200000 | |
CY2017Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-26300000 | |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1200000 | |
CY2018Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1100000 | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1100000 | ||
CY2018Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-44400000 | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-44400000 | ||
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-163600000 | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-99900000 | |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
236900000 | |
CY2018Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.07 | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-35700000 | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-35700000 | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
6000000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
5300000 | ||
ssnc |
Adjustment Gains Losses On Extinguishment Of Debt
AdjustmentGainsLossesOnExtinguishmentOfDebt
|
-44400000 | ||
ssnc |
Adjustment Gains Losses On Extinguishment Of Debt
AdjustmentGainsLossesOnExtinguishmentOfDebt
|
-2300000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-200000 | ||
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
89800000 | ||
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
15000000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3200000 | ||
ssnc |
Increase Decrease In Contract Assets
IncreaseDecreaseInContractAssets
|
-23400000 | ||
us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-70200000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
5700000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-3500000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
119700000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
195200000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
22400000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19400000 | ||
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
-4700000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4622300000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-1800000 | ||
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
16500000 | ||
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
5600000 | ||
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
4300000 | ||
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
11700000 | ||
us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
300000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4648800000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23200000 | ||
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
6873700000 | ||
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
45000000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2622800000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
253400000 | ||
ssnc |
Increase Decrease In Client Funds Obligations Net
IncreaseDecreaseInClientFundsObligationsNet
|
374800000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
55300000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
35900000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3100000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1399000000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
31400000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5969400000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-202500000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-1900000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3100000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1438400000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-27400000 | ||
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
64700000 | |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
119700000 | |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
90400000 | |
CY2018Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
9600000 | |
CY2017Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1900000 | |
CY2018Q2 | ssnc |
Funds Receivable And Funds Held On Behalf Of Clients Restricted
FundsReceivableAndFundsHeldOnBehalfOfClientsRestricted
|
708400000 | |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1503100000 | |
ssnc |
Property And Equipment Acquired Through Tenant Improvement Allowances
PropertyAndEquipmentAcquiredThroughTenantImprovementAllowances
|
700000 | ||
ssnc |
Maintenance Contract Term
MaintenanceContractTerm
|
P1Y | ||
ssnc |
Deferred Revenue Net Within Contract Assets From Contracts
DeferredRevenueNetWithinContractAssetsFromContracts
|
30600000 | ||
CY2018Q2 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
54400000 | |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
131000000 | ||
CY2018Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
331600000 | |
CY2018Q2 | ssnc |
Revenue Remaining Performance Obligation To Be Recognized In Next Twelve Months
RevenueRemainingPerformanceObligationToBeRecognizedInNextTwelveMonths
|
242200000 | |
CY2018Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
30400000 | |
CY2018Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
82300000 | |
CY2017Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
47000000 | |
CY2018Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
6910300000 | |
CY2017Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
2045200000 | |
ssnc |
Number Of Tranche Of Term Loan
NumberOfTrancheOfTermLoan
|
4 | ||
us-gaap |
Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
|
The Term Loans and Revolving Credit Facility bear interest, at the election of the borrowers, at the base rate (as defined in the Credit Agreement) or LIBOR, plus the applicable interest rate margin for the credit facility. Amounts drawn on the Revolving Credit Facility initially bear interest at either LIBOR plus 2.25% or at the base rate plus 1.25%, and is subject to a step-down at any time SS&C’s consolidated net secured leverage ratio is less than 4.75 times, to 2.00% in the case of the LIBOR margin and 1.00% in the case of the base rate margin. The Term B-1 Loan and Term B-2 Loan bear interest at either LIBOR plus 2.25% or at the base rate plus 1.25%. The Term B-3 Loan and Term B-4 Loan initially bear interest at either LIBOR plus 2.50% or at the base rate plus 1.50%, and are subject to a step-down at any time SS&C’s consolidated net secured leverage ratio is less than 4.75 times, to 2.25% in the case of the LIBOR margin and 1.25% in the case of the base rate margin. | ||
CY2017Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
0 | |
CY2018Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
262500000 | |
CY2018Q2 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
169000000 | |
CY2018Q2 | ssnc |
Investments In Private Equity Funds Percentage
InvestmentsInPrivateEquityFundsPercentage
|
0.77 | |
ssnc |
Private Equity Fund Termination Year
PrivateEquityFundTerminationYear
|
2019 | ||
ssnc |
Private Equity Funds Termination Extension Period
PrivateEquityFundsTerminationExtensionPeriod
|
P2Y | ||
CY2018Q2 | ssnc |
Future Capital Commitments
FutureCapitalCommitments
|
0 | |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
2797500000 | ||
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
200000 | ||
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
24900000 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-36000000 | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-30700000 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-36000000 | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-30700000 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-36000000 | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-30700000 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
300000 | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
300000 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
300000 | |
us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
300000 | ||
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
300000 | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
300000 | ||
CY2018Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
45000000 | |
CY2017Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10400000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
57700000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21300000 | ||
CY2017Q4 | ssnc |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
|
31300000 | |
ssnc |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriodGross
|
600000 | ||
ssnc |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Assumed From Acquisition
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsAssumedFromAcquisition
|
700000 | ||
ssnc |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresInPeriod
|
600000 | ||
ssnc |
Stock Issued During Period Shares Stock Options And Stock Appreciation Rights Exercised
StockIssuedDuringPeriodSharesStockOptionsAndStockAppreciationRightsExercised
|
2700000 | ||
CY2018Q2 | ssnc |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
|
29300000 | |
CY2018Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.611 | |
CY2017Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.181 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.877 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.178 | ||
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
CY2018Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
996700000 | |
CY2017Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1074800000 | |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1998600000 | ||
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1894200000 | ||
CY2018Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
52000000 | |
CY2017Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
64400000 | |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
97300000 | ||
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
70300000 | ||
CY2018Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.22 | |
CY2017Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.31 | |
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.44 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.34 | ||
CY2018Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.21 | |
CY2017Q2 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.30 | |
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.42 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.33 | ||
CY2018Q2 | us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
236900000 | |
CY2017Q2 | us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
204600000 | |
us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
222000000 | ||
us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
204000000 | ||
CY2018Q2 | us-gaap |
Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
|
248200000 | |
CY2017Q2 | us-gaap |
Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
|
211300000 | |
us-gaap |
Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
|
232900000 |