10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001403528-17-000019 |
| Period End Date | 20170331 |
| Filing Date | 20170505 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | oak-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
37 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash-equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$959.20M | USD | Point-in-time |
| Cash and cash-equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$924.01M | USD | Point-in-time |
| Cash and cash-equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$602.04M | USD | Point-in-time |
| Cash and cash-equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.33B | USD | Point-in-time |
| Derivative assets, at fair value |
DerivativeAssets
|
$16.50M | USD | Point-in-time |
| Derivative assets, at fair value |
DerivativeAssets
|
$11.43M | USD | Point-in-time |
| Total assets |
Assets
|
$8.13B | USD | Point-in-time |
| Total assets |
Assets
|
$6.36B | USD | Point-in-time |
| Total assets |
Assets
|
$7.65B | USD | Point-in-time |
| Derivative liabilities, at fair value |
DerivativeLiabilities
|
$8.95M | USD | Point-in-time |
| Derivative liabilities, at fair value |
DerivativeLiabilities
|
$6.15M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.75B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.42B | USD | Point-in-time |
| Commitments and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Non-controlling redeemable interests in consolidated funds |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$453.58M | USD | Point-in-time |
| Non-controlling redeemable interests in consolidated funds |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$201.69M | USD | Point-in-time |
| Non-controlling redeemable interests in consolidated funds |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$344.05M | USD | Point-in-time |
| Non-controlling redeemable interests in consolidated funds |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$38.17B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$759.71M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$749.62M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$69.98M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$54.49M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.79M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-80.00K | USD | Point-in-time |
| Class A unitholders capital |
StockholdersEquity
|
$829.61M | USD | Point-in-time |
| Class A unitholders capital |
StockholdersEquity
|
$805.90M | USD | Point-in-time |
| Non-controlling interests in consolidated subsidiaries |
NonredeemableNoncontrollingInterest
|
$1.05B | USD | Point-in-time |
| Non-controlling interests in consolidated subsidiaries |
NonredeemableNoncontrollingInterest
|
$1.06B | USD | Point-in-time |
| Non-controlling interests in consolidated funds |
NoncontrollingInterestInVariableInterestEntity
|
$29.05M | USD | Point-in-time |
| Non-controlling interests in consolidated funds |
NoncontrollingInterestInVariableInterestEntity
|
$28.95M | USD | Point-in-time |
| Total unitholders capital |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.89B | USD | Point-in-time |
| Total unitholders capital |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Total unitholders capital |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.81B | USD | Point-in-time |
| Total unitholders capital |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.92B | USD | Point-in-time |
| Total liabilities and unitholders capital |
LiabilitiesAndStockholdersEquity
|
$8.13B | USD | Point-in-time |
| Total liabilities and unitholders capital |
LiabilitiesAndStockholdersEquity
|
$7.65B | USD | Point-in-time |
Income Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Management fees |
InvestmentAdvisoryFees
|
$198.55M | USD | 1 Quarter |
| Management fees |
InvestmentAdvisoryFees
|
$180.93M | USD | 1 Quarter |
| Incentive income |
PerformanceFees
|
$55.94M | USD | 1 Quarter |
| Incentive income |
PerformanceFees
|
$108.66M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$289.58M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$254.49M | USD | 1 Quarter |
| Compensation and benefits |
CompensationAndBenefits
|
$104.49M | USD | 1 Quarter |
| Compensation and benefits |
CompensationAndBenefits
|
$108.41M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$14.95M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$13.90M | USD | 1 Quarter |
| Incentive income compensation |
IncentiveIncomeCompensation
|
$34.61M | USD | 1 Quarter |
| Incentive income compensation |
IncentiveIncomeCompensation
|
$9.81M | USD | 1 Quarter |
| Total compensation and benefits expense |
LaborAndRelatedExpense
|
$132.11M | USD | 1 Quarter |
| Total compensation and benefits expense |
LaborAndRelatedExpense
|
$154.05M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$47.83M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$32.22M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$4.16M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.82M | USD | 1 Quarter |
| Consolidated fund expenses |
ConsolidatedFundExpenses
|
$2.47M | USD | 1 Quarter |
| Consolidated fund expenses |
ConsolidatedFundExpenses
|
$1.08M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$185.18M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$192.56M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$48.77M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$27.70M | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeInterestAndDividend
|
$36.27M | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeInterestAndDividend
|
$47.96M | USD | 1 Quarter |
| Net realized gain (loss) on consolidated funds investments |
RealizedInvestmentGainsLosses
|
$-1.87M | USD | 1 Quarter |
| Net realized gain (loss) on consolidated funds investments |
RealizedInvestmentGainsLosses
|
$3.40M | USD | 1 Quarter |
| Net change in unrealized appreciation (depreciation) on consolidated funds investments |
UnrealizedGainLossOnInvestments
|
$-20.67M | USD | 1 Quarter |
| Net change in unrealized appreciation (depreciation) on consolidated funds investments |
UnrealizedGainLossOnInvestments
|
$24.68M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$29.45M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$50.45M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$5.80M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$4.66M | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpense
|
$77.11M | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpense
|
$26.54M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$95.85M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$174.13M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$12.30M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$12.68M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$83.17M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$161.83M | USD | 1 Quarter |
| Net income attributable to Oaktree Capital Group, LLC |
NetIncomeLoss
|
$28.08M | USD | 1 Quarter |
| Net income attributable to Oaktree Capital Group, LLC |
NetIncomeLoss
|
$54.91M | USD | 1 Quarter |
| Distributions declared per Class A unit (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.47 | USD | 1 Quarter |
| Distributions declared per Class A unit (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.63 | USD | 1 Quarter |
| Net income per Class A unit (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.45 | USD | 1 Quarter |
| Net income per Class A unit (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.87 | USD | 1 Quarter |
| Weighted average number of Class A units outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
61.89M | shares | 1 Quarter |
| Weighted average number of Class A units outstanding (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
63.02M | shares | 1 Quarter |
Cash Flow Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$83.17M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$161.83M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$29.45M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$50.45M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$4.16M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.82M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$14.95M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$13.90M | USD | 1 Quarter |
| Net realized and unrealized (gain) loss from consolidated funds investments |
GainLossOnInvestments
|
$22.81M | USD | 1 Quarter |
| Net realized and unrealized (gain) loss from consolidated funds investments |
GainLossOnInvestments
|
$-17.27M | USD | 1 Quarter |
| Amortization (accretion) of original issue and market discount of consolidated funds investments, net |
AmortizationAccretionOfOriginalIssueAndMarketDiscountOfConsolidatedFundsInvestments
|
$2.90M | USD | 1 Quarter |
| Amortization (accretion) of original issue and market discount of consolidated funds investments, net |
AmortizationAccretionOfOriginalIssueAndMarketDiscountOfConsolidatedFundsInvestments
|
$413.00K | USD | 1 Quarter |
| Income distributions from corporate investments in funds and companies |
EquityMethodInvestmentDividendsOrDistributions
|
$44.47M | USD | 1 Quarter |
| Income distributions from corporate investments in funds and companies |
EquityMethodInvestmentDividendsOrDistributions
|
$34.02M | USD | 1 Quarter |
| Other non-cash items |
OtherNoncashIncomeExpense
|
$-405.00K | USD | 1 Quarter |
| Other non-cash items |
OtherNoncashIncomeExpense
|
$-517.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-245.57M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-328.82M | USD | 1 Quarter |
| Purchases of U.S. Treasury and time deposit securities |
PaymentsToAcquireMarketableSecurities
|
$220.03M | USD | 1 Quarter |
| Purchases of U.S. Treasury and time deposit securities |
PaymentsToAcquireMarketableSecurities
|
$72.78M | USD | 1 Quarter |
| Proceeds from maturities and sales of U.S. Treasury and time deposit securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$115.00M | USD | 1 Quarter |
| Proceeds from maturities and sales of U.S. Treasury and time deposit securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$380.74M | USD | 1 Quarter |
| Corporate investments in funds and companies |
PaymentsToAcquireInvestments
|
$8.15M | USD | 1 Quarter |
| Corporate investments in funds and companies |
PaymentsToAcquireInvestments
|
$19.54M | USD | 1 Quarter |
| Distributions and proceeds from corporate investments in funds and companies |
PaymentsForProceedsFromInvestments
|
$-80.00M | USD | 1 Quarter |
| Distributions and proceeds from corporate investments in funds and companies |
PaymentsForProceedsFromInvestments
|
$-62.81M | USD | 1 Quarter |
| Purchases of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.61M | USD | 1 Quarter |
| Purchases of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.25M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$228.30M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$83.88M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-14.75M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$221.65M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-3.17M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$6.43M | USD | 1 Quarter |
| Net decrease in cash and cash-equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-35.19M | USD | 1 Quarter |
| Net decrease in cash and cash-equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-16.87M | USD | 1 Quarter |
| Cash and cash-equivalents, beginning balance |
CashAndCashEquivalentsAtCarryingValue
|
$959.20M | USD | Point-in-time |
| Cash and cash-equivalents, beginning balance |
CashAndCashEquivalentsAtCarryingValue
|
$924.01M | USD | Point-in-time |
| Cash and cash-equivalents, beginning balance |
CashAndCashEquivalentsAtCarryingValue
|
$602.04M | USD | Point-in-time |
| Cash and cash-equivalents, beginning balance |
CashAndCashEquivalentsAtCarryingValue
|
$3.33B | USD | Point-in-time |
| Cash and cash-equivalents, ending balance |
CashAndCashEquivalentsAtCarryingValue
|
$959.20M | USD | Point-in-time |
| Cash and cash-equivalents, ending balance |
CashAndCashEquivalentsAtCarryingValue
|
$924.01M | USD | Point-in-time |
| Cash and cash-equivalents, ending balance |
CashAndCashEquivalentsAtCarryingValue
|
$602.04M | USD | Point-in-time |
| Cash and cash-equivalents, ending balance |
CashAndCashEquivalentsAtCarryingValue
|
$3.33B | USD | Point-in-time |
Stockholders Equity
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.89B | USD | Point-in-time |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.81B | USD | Point-in-time |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.92B | USD | Point-in-time |
| Cumulative-effect adjustment from adoption of accounting guidance |
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
$-122.62M | USD | Point-in-time |
| Repurchase and cancellation of units |
StockRepurchasedandRetiredDuringPeriodValueIncludingNoncontrollingInterestinConsolidatedSubsidiaries
|
$9.69M | USD | 1 Quarter |
| Repurchase and cancellation of units |
StockRepurchasedandRetiredDuringPeriodValueIncludingNoncontrollingInterestinConsolidatedSubsidiaries
|
$9.73M | USD | 1 Quarter |
| Equity reallocation between controlling and non-controlling interests |
MinorityInterestPeriodIncreaseDecrease
|
$-12.06M | USD | 1 Quarter |
| Equity reallocation between controlling and non-controlling interests |
MinorityInterestPeriodIncreaseDecrease
|
$-7.48M | USD | 1 Quarter |
| Capital increase related to equity-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$13.55M | USD | 1 Quarter |
| Capital increase related to equity-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$13.67M | USD | 1 Quarter |
| Distributions declared |
DividendsCommonStockCash
|
$113.92M | USD | 1 Quarter |
| Distributions declared |
DividendsCommonStockCash
|
$83.55M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLossIncludingNoncontrollingInterestInConsolidatedSubsidiaries
|
$152.83M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLossIncludingNoncontrollingInterestInConsolidatedSubsidiaries
|
$87.45M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-4.66M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.09M | USD | 1 Quarter |
| Unrealized gain on interest-rate swap designated as cash-flow hedge, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-20.00K | USD | 1 Quarter |
| Unrealized gain on interest-rate swap designated as cash-flow hedge, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$60.00K | USD | 1 Quarter |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.89B | USD | Point-in-time |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.81B | USD | Point-in-time |
| Unitholders' capital, value |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.92B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$83.17M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$161.83M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-4.66M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.09M | USD | 1 Quarter |
| Unrealized gain on interest-rate swap designated as cash-flow hedge |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-20.00K | USD | 1 Quarter |
| Unrealized gain on interest-rate swap designated as cash-flow hedge |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$60.00K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.07M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-4.60M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$84.24M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$157.23M | USD | 1 Quarter |
| Less: Comprehensive (income) loss attributable to non-controlling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$55.73M | USD | 1 Quarter |
| Less: Comprehensive (income) loss attributable to non-controlling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$104.19M | USD | 1 Quarter |
| Comprehensive income attributable to Oaktree Capital Group, LLC |
ComprehensiveIncomeNetOfTax
|
$53.04M | USD | 1 Quarter |
| Comprehensive income attributable to Oaktree Capital Group, LLC |
ComprehensiveIncomeNetOfTax
|
$28.51M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.