XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 331,668 $ 336,535
Cash segregated under regulatory requirements 196,448 80,243
Securities owned 60,146 58,408
Marketable securities 29,989 32,064
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 2,007,606 941,866
Accrued commissions and other receivables, net 596,126 516,091
Loans, forgivable loans and other receivables from employees and partners, net 240,283 216,868
Fixed assets, net 169,599 157,169
Investments 36,708 35,403
Goodwill 560,181 504,646
Other intangible assets, net 319,101 298,779
Receivables from related parties 11,229 7,748
Other assets 485,792 246,937
Total assets 5,044,876 3,432,757
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 5,133 5,162
Repurchase agreements 4,327 986
Securities loaned 25,068 15,140
Accrued compensation 196,318 195,234
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 1,805,004 769,833
Payables to related parties 38,132 40,155
Accounts payable, accrued and other liabilities 1,058,877 754,819
Notes payable and other borrowings 1,008,231 763,548
Total liabilities 4,141,090 2,544,877
Commitments, contingencies and guarantees (Note 19)
Redeemable partnership interest 25,140 24,706
Stockholders’ equity:    
Additional paid-in capital 2,210,033 2,208,221
Treasury stock, at cost: 50,503 and 50,270 shares of Class A common stock at March 31, 2019 and December 31, 2018, respectively (315,210) (314,240)
Retained deficit (1,090,585) (1,105,019)
Accumulated other comprehensive income (loss) (23,553) (24,465)
Total stockholders’ equity 784,583 768,373
Noncontrolling interest in subsidiaries 94,063 94,801
Total equity 878,646 863,174
Total liabilities, redeemable partnership interest, and equity 5,044,876 3,432,757
Class A Common Stock [Member]    
Stockholders’ equity:    
Common stock value 3,439 3,417
Total equity 3,439 3,417
Class B Common Stock [Member]    
Stockholders’ equity:    
Common stock value 459 459
Total equity $ 459 $ 459