XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 496,489 $ 553,598
Cash segregated under regulatory requirements 12,652 13,201
Securities owned 39,150 40,838
Marketable securities 293 406
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 2,359,053 782,446
Accrued commissions and other receivables, net 308,881 296,423
Loans, forgivable loans and other receivables from employees and partners, net 304,138 286,967
Fixed assets, net 181,942 190,112
Investments 37,507 33,039
Goodwill 487,214 486,919
Other intangible assets, net 200,237 207,747
Receivables from related parties 8,378 5,237
Other assets 450,955 445,233
Total assets 4,886,889 3,342,166
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 3,818 3,584
Repurchase agreements 900 0
Accrued compensation 187,381 214,379
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 2,173,291 656,278
Payables to related parties 90,491 53,764
Accounts payable, accrued and other liabilities 632,825 679,254
Notes payable and other borrowings 1,051,044 1,052,831
Total liabilities 4,139,750 2,660,090
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 16,446 18,761
Stockholders’ equity:    
Additional paid-in capital 2,499,393 2,451,135
Treasury stock, at cost: 127,673 and 118,921 shares of Class A common stock at June 30, 2022 and December 31, 2021, respectively (648,500) (623,734)
Retained deficit (1,138,628) (1,171,919)
Accumulated other comprehensive income (loss) (46,456) (40,548)
Total stockholders’ equity 670,786 619,752
Noncontrolling interest in subsidiaries 59,907 43,563
Total equity 730,693 663,315
Total liabilities, redeemable partnership interest, and equity 4,886,889 3,342,166
Class A Common Stock    
Stockholders’ equity:    
Common stock value 4,518 4,359
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 459 $ 459