activity XX% on quarter respectively, and long-term billion, X.X% appreciation $XX.X the increase positive assets Good for the flows billion, prior-year positive the Starting Thank acquisition, quarter market of and you, with flex appreciation $X.X slide offset of ended which billion, George. from sequential the net prior distributions. the $X.X and X, $X.X quarter, billion, under dividend change by includes which $X.X prior year assets of from increases morning, the of of billion, other net and The partially We everyone. management. reflects from of assets the market flows. reflects
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modeling For the is rate to use forward. appropriate going current-quarter purposes,
GAAP results, terms count. a four costs, effective would was net business, the like diluted I share quarter. tax share and of results the of third-quarter impact to acquisition in items integration share and the There net the income per second $X.XX loss are compared rate, GAAP to the per $X.XX review, of the in In CLO
reflecting due The primarily the of allowance integration to The million fund included the sale costs expenses serving in of primarily impact of was GAAP share activities, office as tax of in quarter, net per the consolidation effective and unrealized costs The both and attributable of per issued statements, and four of in launch-related impact consolidates attributable to Company income due CLO common preferred quarter's as costs of calculation approximately $X.XX investments. space into CLO $X.XX of to financial it operating new calculate items August. full-quarter that this other our per share issuance a third-quarter we included including results the employment Acquisition the with dilutive million $X.XX CLOs or if-converted share release preferred notes. associated shares included increased average as expenses, gains diluted converted or whether of include well realized the expenses more stock balance of its The discrete million of severance or sequentially the employees per completed the of CLO the and per the Each primarily X.XX outstanding Weighted related million professional integration share, tax to a the capacity, to XX% if to million other in fees $X.XX, transition treat who of-acquisition sheet that associated XX%. $X.X $X.X deduct or the expenses costs with reorganization. $X.X restructuring X.X and which related compensation due dividends to are method. share quarter $X.X $X.XX quarter million of rate were share valuation $X.XX included and from per shares net the is shares. $X.XX
as calculation was of dilutive compared to the dividend. two quarters was income, with prior the third the the quarter, the that dilutive, more it when treating net deduct given For shares converted determined level the more
XXXX. treatment related XX liquidity This shares of preferred capital to February quarter's shares metrics. consistent basis, non-GAAP they with and X, shows on Slide common GAAP are is trend mandatorily the on convert how position will given our that presented a
shareholders, During repurchased were stock, incentive June cash business, due debt that settlements bank our impact times, debt the elements EBITDA million decrease then $XXX representing $XX.X preferred net during quarter the units. the XX we reflecting million times to million X.X of was generated $X.X X September million vesting $X.X million on quarter, resulted dividends the of decline a by returned debt of generally stockholders, year to and capital. by of at adjusted. as in Net of a annual will from in the net income from common capital to net balances. to at XX, of and offset X.X The common cash our ratio stock and of of partially XX% first increase return payments Net $X.X
As to for agreement cash costs, as is over the plus are interest income operating XXX rate as includes points and of basis reminder, the deferred items compensation, million approximately and generally million which with amortized like the X.X% credit of adjusted synergies. are dividend interest interest EBITDA effective on bank term and the additional on highlight. reflects marketable interest defined seed our stated million investments. rate a being annualized LIBOR and There fully debt on in third financing income $XXX The two securities, capital The the was and of of the calculated quarter and our phased-in distributions accordance is and $X.X plus loan. of stock-based outstanding dividend I'd income earned in both $X CLO quarter
value the assets. $XXX intangible Additionally, at million book of these assets, also quarter reported of approximates goodwill which we net basis in end, and tax
measure XX.X% based we assets approximately years on amortize purposes, year note shield XX George? our in It's adjusted, per over net items important to these turn to million to that represent the benefits non-GAAP For income of both tax call significant tax these effective that, me neither the as that $XX our but let With over back would economic are rate. Company. included George.
