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OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME.
3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
Other comprehensive income and accumulated other comprehensive income
NOTE 8 - OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME.

The following table presents the impact of the components (in millions) of other comprehensive income (loss) on deferred tax benefit (income tax).
 
Three months ended
 
3/31/2013
 
3/31/2014
Deferred tax benefit (income taxes) on:
 
 
 
Net unrealized holding gains
$
(13.8
)
 
$
(8.7
)
Reclassification adjustment recognized in the provision for income taxes related to net gains realized on dispositions
4.4

 
12.4

Deferred tax benefit (income taxes) on net unrealized holding gains or losses
(9.4
)
 
3.7

Deferred tax benefit (income taxes) on currency translation adjustments
1.8

 
(.9
)
Total net deferred tax benefit (income taxes)
$
(7.6
)
 
$
2.8


The changes (in millions) in each component of accumulated other comprehensive income, including reclassification adjustments for the first quarter of 2014 are presented in the table below.
 
Net unrealized holding gains
 
 
 
 
 
Investments in sponsored funds
 
Equity share of UTI’s net unrealized holding gains
 
Total net unrealized holding gains
 
Currency translation adjustments
 
Total
Balances at December 31, 2013
$
215.9

 
$
.4

 
$
216.3

 
$
(28.0
)
 
$
188.3

Other comprehensive income before reclassifications and income taxes
22.3

 
.1

 
22.4

 
2.5

 
24.9

Reclassification adjustments related to net gains realized on dispositions recognized in non-operating investment income, determined using average cost
(32.0
)
 

 
(32.0
)
 

 
(32.0
)
 
(9.7
)
 
.1

 
(9.6
)
 
2.5

 
(7.1
)
Deferred tax benefit (income taxes)
3.8

 
(.1
)
 
3.7

 
(.9
)
 
2.8

Other comprehensive income (loss)
(5.9
)
 

 
(5.9
)
 
1.6

 
(4.3
)
Balances at March 31, 2014
$
210.0

 
$
.4

 
$
210.4

 
$
(26.4
)
 
$
184.0