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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Mar. 31, 2019
Receivables:    
Fixed assets, net $ 144,813 $ 149,989
Operating and Finance Lease, Right-of-Use Asset 308,625 0
Current Liabilities    
Long-term Debt, Current Maturities 0 250,301
Operating and FInance Lease, Liability, Current 76,510 0
Operating and Finance Lease Liability, Noncurrent 297,831 0
Long-term debt, net 1,972,092 1,971,451
REDEEMABLE NONCONTROLLING INTERESTS $ 683,021 $ 692,376
STOCKHOLDERS' EQUITY    
Common Stock, Par or Stated Value Per Share $ 0.10 $ 0.10
Common Stock, Shares Authorized 500,000,000 500,000,000
Common Stock, Shares, Issued 86,783,989 85,556,562
Liability, Defined Benefit Pension Plan, Noncurrent $ 28,240 $ 33,335
Consolidated Entity Excluding Consolidated Investment Vehicles Before Eliminations [Member]    
Current Assets    
Cash and Cash Equivalents 580,874 921,071
Restricted Cash and Cash Equivalents, Current 19,108 21,213
Receivables:    
Investment securities 380,165 377,129
Other current assets 80,278 82,131
Other non-current assets 156,484 145,254
Current Liabilities    
Other current liabilities 110,236 99,479
Consolidated Investment Vehicles [Member]    
Current Assets    
Cash and Cash Equivalents 5,274 4,219
Receivables:    
Investment securities 162,357 129,627
Other current assets 1,070 1,889
Other non-current assets 6,341 8,993
Current Liabilities    
Other current liabilities 16,328 5,742
Consolidated Legg Mason, Inc.    
Receivables:    
Investment advisory and related fees 455,237 425,470
Other receivables 59,316 57,107
Total Current Assets 1,743,679 2,019,856
Fixed assets, net 144,813 149,989
Intangible assets, net 3,371,440 3,386,759
Goodwill 1,877,609 1,883,554
Deferred income taxes 193,311 199,717
TOTAL ASSETS 7,802,302 7,794,122
Current Liabilities    
Accrued compensation 436,798 571,301
Accounts Payable and Accrued Liabilities, Current 145,861 182,921
Total Current Liabilities 785,733 1,109,744
Deferred compensation 102,571 85,548
Deferred income taxes 152,385 123,420
Other non-current liabilities 59,544 122,044
Long-term debt, net 1,972,092 1,971,451
TOTAL LIABILITIES 3,370,156 3,412,207
REDEEMABLE NONCONTROLLING INTERESTS 683,021 692,376
STOCKHOLDERS' EQUITY    
Common stock, par value $.10; authorized 500,000,000 shares; issued 85,533,667 shares for December 31, 2018 and 84,606,408 shares for March 31, 2017 8,678 8,556
Additional paid-in capital 2,103,791 2,039,671
Employee stock trust (20,003) (21,416)
Deferred compensation employee stock trust 20,003 21,416
Retained Earnings (Accumulated Deficit) 1,777,014 1,742,764
AOCI Including Portion Attributable to Noncontrolling Interest, before Tax (170,161) (131,236)
Stockholders' Equity Attributable to Parent 3,719,322 3,659,755
TOTAL STOCKHOLDERS' EQUITY 3,749,125 3,689,539
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 7,802,302 7,794,122
Management Equity Plan [Member] | Royce [Member]    
STOCKHOLDERS' EQUITY    
Stockholders' Equity Attributable to Noncontrolling Interest $ 29,803 $ 29,784