2016 Q1 Form 10-Q Financial Statement

#000111316916000041 Filed on April 26, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $994.1M $1.027B
YoY Change -3.2% 7.58%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $453.6M $447.6M
YoY Change 1.34% 9.01%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.20M $29.10M
YoY Change 10.65% 7.38%
% of Gross Profit
Operating Expenses $583.2M $549.2M
YoY Change 6.19% 8.64%
Operating Profit $410.9M $477.8M
YoY Change -14.0% 6.39%
Interest Expense $85.10M $27.90M
YoY Change 205.02% -33.73%
% of Operating Profit 20.71% 5.84%
Other Income/Expense, Net $85.10M $26.80M
YoY Change 217.54%
Pretax Income $496.0M $504.6M
YoY Change -1.7% 2.73%
Income Tax $182.7M $195.1M
% Of Pretax Income 36.83% 38.66%
Net Earnings $304.1M $309.5M
YoY Change -1.74% 1.71%
Net Earnings / Revenue 30.59% 30.14%
Basic Earnings Per Share $1.21 $1.16
Diluted Earnings Per Share $1.18 $1.13
COMMON SHARES
Basic Shares Outstanding 246.7M shares 258.7M shares
Diluted Shares Outstanding 251.9M shares 265.7M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.323B $1.810B
YoY Change -26.91% 4.08%
Cash & Equivalents $1.400B $1.810B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $428.0M $447.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.751B $2.257B
YoY Change -22.42% 4.54%
LONG-TERM ASSETS
Property, Plant & Equipment $613.0M $599.0M
YoY Change 2.34% 4.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.351B $2.309B
YoY Change 45.13% 16.38%
Other Assets
YoY Change
Total Long-Term Assets $4.453B $3.705B
YoY Change 20.19% 12.14%
TOTAL ASSETS
Total Short-Term Assets $1.751B $2.257B
Total Long-Term Assets $4.453B $3.705B
Total Assets $6.204B $5.962B
YoY Change 4.06% 9.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $172.0M $138.0M
YoY Change 24.64% 15.97%
Accrued Expenses $216.0M $141.0M
YoY Change 53.19% 6.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $556.0M $960.0M
YoY Change -42.08% 125.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $59.00M
YoY Change
Total Long-Term Liabilities $59.00M $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $556.0M $960.0M
Total Long-Term Liabilities $59.00M $0.00
Total Liabilities $615.0M $960.0M
YoY Change -35.94% 125.51%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $712.9M $764.1M
YoY Change -6.7% -22.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.764B $5.002B
YoY Change
Total Liabilities & Shareholders Equity $6.204B $5.962B
YoY Change 4.06% 9.14%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $304.1M $309.5M
YoY Change -1.74% 1.71%
Depreciation, Depletion And Amortization $32.20M $29.10M
YoY Change 10.65% 7.38%
Cash From Operating Activities $72.50M $543.8M
YoY Change -86.67% 11.64%
INVESTING ACTIVITIES
Capital Expenditures $35.20M $41.30M
YoY Change -14.77% 62.6%
Acquisitions
YoY Change
Other Investing Activities $0.00 $4.000M
YoY Change -100.0% 17.65%
Cash From Investing Activities $207.8M -$34.10M
YoY Change -709.38% 14.43%
FINANCING ACTIVITIES
Cash Dividend Paid $135.9M $135.4M
YoY Change 0.37% 16.93%
Common Stock Issuance & Retirement, Net $206.7M $113.6M
YoY Change 81.95% 262.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$50.80M -$205.4M
YoY Change -75.27% 77.07%
NET CHANGE
Cash From Operating Activities $72.50M $543.8M
Cash From Investing Activities $207.8M -$34.10M
Cash From Financing Activities -$50.80M -$205.4M
Net Change In Cash $229.5M $304.3M
YoY Change -24.58% -10.84%
FREE CASH FLOW
Cash From Operating Activities $72.50M $543.8M
Capital Expenditures $35.20M $41.30M
Free Cash Flow $37.30M $502.5M
YoY Change -92.58% 8.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q1 dei Amendment Flag
AmendmentFlag
false
CY2016Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2016Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016Q1 dei Document Period End Date
DocumentPeriodEndDate
2016-03-31
CY2016Q1 dei Document Type
DocumentType
10-Q
CY2016Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
100 East Pratt Street
CY2016Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Baltimore
CY2016Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
21202
CY2016Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
Maryland
CY2016Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001113169
CY2016Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
248203140 shares
CY2016Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016Q1 dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
Maryland
CY2016Q1 dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
0.20
CY2016Q1 dei Entity Registrant Name
EntityRegistrantName
PRICE T ROWE GROUP INC
CY2016Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
522264646
CY2015Q1 trow Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios
NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios
0 USD
CY2016Q1 trow Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios
NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios
69100000 USD
CY2015Q1 trow Proceeds From Stock Options Exercised Net Of Payments For Repurchase Of Common Stock For Employee Tax Withholding Obligations And Strike Price
ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice
32500000 USD
CY2016Q1 trow Proceeds From Stock Options Exercised Net Of Payments For Repurchase Of Common Stock For Employee Tax Withholding Obligations And Strike Price
ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice
21000000 USD
CY2016Q1 trow Share Based Compensation Nonvested Awards Compensation Cost To Be Recognized Between Second Calendar Year And Vest Date
ShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedBetweenSecondCalendarYearAndVestDate
101300000 USD
CY2016Q1 trow Share Based Compensation Nonvested Awards Compensation Cost To Be Recognized Next Calendar Year
ShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextCalendarYear
102100000 USD
CY2016Q1 trow Share Based Compensation Nonvested Awards Compensation Cost To Be Recognized Next Quarter
ShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextQuarter
39000000 USD
CY2016Q1 trow Share Based Compensation Nonvested Awards Compensation Cost To Be Recognized Second Quarter
ShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedSecondQuarter
39100000 USD
CY2016Q1 trow Share Based Compensation Nonvested Awards Compensation Cost To Be Recognized Third Quarter
ShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedThirdQuarter
35400000 USD
CY2016Q1 trow Stock Issued During Period Value Stock Options Exercised Netof Tax Withholdings Strike Price
StockIssuedDuringPeriodValueStockOptionsExercisedNetofTaxWithholdingsStrikePrice
28800000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
86600000 USD
CY2016Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
29100000 USD
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
654600000 USD
CY2016Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
663300000 USD
CY2016Q1 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
8900000 USD
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
36800000 USD
CY2015Q1 us-gaap Administrative Services Revenue
AdministrativeServicesRevenue
93000000 USD
CY2016Q1 us-gaap Administrative Services Revenue
AdministrativeServicesRevenue
89400000 USD
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31000000 USD
CY2016Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36800000 USD
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4600000 shares
CY2016Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10800000 shares
CY2015Q4 us-gaap Assets
Assets
5106900000 USD
CY2016Q1 us-gaap Assets
Assets
6203900000 USD
CY2015Q1 us-gaap Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
759000000000 USD
CY2016Q1 us-gaap Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
728100000000 USD
CY2015Q4 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
763100000000 USD
CY2016Q1 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
764600000000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
16600000 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
52300000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1506100000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1810400000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1172300000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1400400000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
304300000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
228100000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.52
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.54
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.2
CY2016Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.2
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2016Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
250469000 shares
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
248130000 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
50100000 USD
CY2016Q1 us-gaap Common Stock Value
CommonStockValue
49600000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
311300000 USD
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
270200000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2016Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
32100000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
311300000 USD
CY2016Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
302300000 USD
CY2015Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
29100000 USD
CY2016Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
32200000 USD
CY2015Q1 us-gaap Distribution Fees
DistributionFees
37500000 USD
CY2016Q1 us-gaap Distribution Fees
DistributionFees
33900000 USD
CY2016Q1 us-gaap Dividends Cash
DividendsCash
135900000 USD
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.16
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.13
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0 USD
CY2016Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1400000 USD
CY2016Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
316900000 USD
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
11100000 USD
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8900000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
504600000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
496000000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
195100000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
191600000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-202600000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-208100000 USD
CY2015Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
6700000 USD
CY2016Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
458700000 USD
CY2015Q1 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
896500000 USD
CY2016Q1 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
870800000 USD
CY2015Q1 us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
1027000000 USD
CY2016Q1 us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
994100000 USD
CY2015Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
346500000 USD
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
355200000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
344900000 USD
CY2016Q1 us-gaap Liabilities
Liabilities
615000000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5106900000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6203900000 USD
CY2015Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
25300000 USD
CY2016Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
23100000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-205400000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-41900000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34100000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
207800000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
543800000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
63600000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
309500000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
295200000 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
9200000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
301100000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
289600000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
301100000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
289600000 USD
CY2015Q1 us-gaap Noninterest Expense Distribution And Servicing Fees
NoninterestExpenseDistributionAndServicingFees
37500000 USD
CY2016Q1 us-gaap Noninterest Expense Distribution And Servicing Fees
NoninterestExpenseDistributionAndServicingFees
33900000 USD
CY2015Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
26800000 USD
CY2016Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
85100000 USD
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
549200000 USD
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
583200000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
477800000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
410900000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
400000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-58600000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1800000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-18500000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2200000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
40100000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1800000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2100000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-25000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
16600000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
52300000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-3600000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-16400000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
17000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-6300000 USD
CY2015Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
72500000 USD
CY2016Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
97400000 USD
CY2015Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
38300000 USD
CY2016Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
41400000 USD
CY2015Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5100000 USD
CY2016Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6900000 USD
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1100000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2015Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
8400000 USD
CY2016Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
5600000 USD
CY2015Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
8400000 USD
CY2016Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
5600000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
113600000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
206700000 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
135400000 USD
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
135900000 USD
CY2015Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
45500000 USD
CY2016Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2300000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41300000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
35200000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.2
CY2016Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.2
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2016Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
270800000 USD
CY2015Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
52700000 USD
CY2016Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
176200000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
309500000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
304400000 USD
CY2015Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 USD
CY2016Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
825100000 USD
CY2016Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-100000 USD
CY2015Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
3970700000 USD
CY2016Q1 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
4021800000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
74.66
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
74.66
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
73.26
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
74.39
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
18726499 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
52.55
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1344 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
208376 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
30818229 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
29467127 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
59.24
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
59.62
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
47.22
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
71.61
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
72.35
CY2016Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1141382 shares
CY2016Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
-200000 USD
CY2016Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
CY2016Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
206700000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
4762000000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
4763800000 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
265700000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
251500000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
258700000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
246700000 shares

Files In Submission

Name View Source Status
0001113169-16-000041-index-headers.html Edgar Link pending
0001113169-16-000041-index.html Edgar Link pending
0001113169-16-000041.txt Edgar Link pending
0001113169-16-000041-xbrl.zip Edgar Link pending
a10q-q12016.htm Edgar Link pending
aldersonfooterpg1a01.jpg Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
investwithconfidencefooter.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
registeredtm.jpg Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
trow-20160331.xml Edgar Link completed
trow-20160331.xsd Edgar Link pending
trow-20160331_cal.xml Edgar Link unprocessable
trow-20160331_def.xml Edgar Link unprocessable
trow-20160331_lab.xml Edgar Link unprocessable
trow-20160331_pre.xml Edgar Link unprocessable
trow-ex1021_q12016.htm Edgar Link pending
trow-ex15_q12016x10q.htm Edgar Link pending
trow-ex31i1_q12016.htm Edgar Link pending
trow-ex31i2_q12016.htm Edgar Link pending
trow-ex32_q12016.htm Edgar Link pending
trowq12016earningsreleas.htm Edgar Link pending
trowq12016earningsreleas001.jpg Edgar Link pending
trowq12016earningsreleas002.jpg Edgar Link pending
trowq12016earningsreleas003.jpg Edgar Link pending
trowq12016earningsreleas004.jpg Edgar Link pending
trowq12016earningsreleas005.jpg Edgar Link pending
trowq12016earningsreleas006.jpg Edgar Link pending
trowq12016earningsreleas007.jpg Edgar Link pending
trustylogo.jpg Edgar Link pending