Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets:
Cash and cash equivalents	$ 156,710	$ 151,815
Cash and cash equivalents - restricted	44,810	74,325
Investment securities	619,052	688,346
Receivables:
Funds and separate accounts	14,428	15,167
Customers and other	81,971	80,089
Prepaid expenses and other current assets	28,369	31,655
Total current assets	945,340	1,041,397
Property and equipment, net	31,928	34,726
Goodwill and identifiable intangible assets	145,869	145,869
Deferred income taxes	17,454	14,418
Other non-current assets	25,411	29,918
Total assets	1,166,002	1,266,328
Liabilities:
Accounts payable	19,909	20,123
Payable to investment companies for securities	37,403	36,883
Payable to third party brokers	14,367	17,123
Payable to customers	65,748	84,558
Short-term notes payable	94,962
Accrued compensation	49,076	79,507
Other current liabilities	61,789	71,001
Total current liabilities	343,254	309,195
Long-term debt		94,926
Accrued pension and postretirement costs	3,541	3,145
Other non-current liabilities	26,647	30,960
Total liabilities	373,442	438,226
Redeemable noncontrolling interests	25,857	19,205
Stockholders' equity:
Preferred stock-$1.00 par value: 5,000 shares authorized; none issued
Class A Common stock-$0.01 par value: 250,000 shares authorized; 99,701 shares issued; 65,174 shares outstanding (68,847 at December 31, 2019)	997	997
Additional paid-in capital	289,439	312,693
Retained earnings	1,255,770	1,241,598
Cost of 34,527 common shares in treasury (30,854 at December 31, 2019)	(783,990)	(749,625)
Accumulated other comprehensive income	4,487	3,234
Total stockholders' equity	766,703	808,897
Total liabilities, redeemable noncontrolling interests and stockholders' equity	$ 1,166,002	$ 1,266,328