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Parent Company Information - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income $ 257,888 $ 299,377 $ 204,902
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 53,447 35,996 26,857
Amortization of operating lease right-of-use assets 6,799 6,842 5,795
Stock-based compensation expense 27,314 25,613 25,294
Deferred taxes 3,118 10,099 2,674
Other (466) (550) (778)
Changes in operating assets and liabilities:      
Decrease (Increase) in accounts receivable 15,598 (18,015) (2,962)
Decrease (Increase) in prepaid expenses and other assets 2,214 (1,977) (4,624)
Increase in accrued employee compensation (2,607) 14,961 8,312
(Decrease) Increase in income and other tax liabilities (5,638) 16,189 187
(Decrease) in accounts payable, accrued expenses and other liabilities 215 6,006 (820)
(Decrease) increase in operating lease liabilities (7,001) (5,788) (829)
Net cash provided by operating activities 282,091 404,489 265,935
Cash flows from investing activities      
Acquisition of business, net of cash and cash equivalents acquired 0 0 (97,430)
Proceeds from maturities and sales 0 170,657 170,936
Purchases, available-for-sale investments 0 (32,865) (160,827)
Purchases of furniture, equipment and leasehold improvements (17,493) (15,010) (12,292)
Net cash provided by (used in) investing activities (67,694) 68,867 (122,051)
Cash flows from financing activities      
Cash dividend on common stock (99,792) (90,566) (76,231)
Exercise of stock options 7,096 4,007 1,207
Withholding tax payments on restricted stock vesting and stock option exercises (33,890) (42,418) (25,820)
Repurchases of common stock (63,189) (16,135) (17,256)
Proceeds from short-term borrowings 70,348 578,356 0
Repayments of short-term borrowings (70,348) (578,356) 0
Net cash (used in) financing activities (189,775) (145,112) (118,100)
Effect of exchange rate changes on cash and cash equivalents (7,105) 5,553 1,011
Cash and cash equivalents including restricted cash      
Net increase for the period 17,517 333,797 26,795
Beginning of period 608,050 274,253 247,458
End of period 625,567 608,050 274,253
Supplemental cash flow information:      
Cash paid for income taxes 70,003 45,046 51,766
Cash paid for interest 830 1,142 0
Non-cash investing and financing activity:      
Exercise of stock options - cashless 2,750 10,866 1,811
Treasury stock used for acquisition of business 0 0 (48,830)
MarketAxess Holdings Inc. (Parent) [Member]      
Cash flows from operating activities      
Net income 257,888 299,377 204,902
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,123 2,068 1,919
Amortization of operating lease right-of-use assets 4,484 4,117 4,027
Stock-based compensation expense 12,706 10,834 10,547
Deferred taxes 1,712 3,644 1,255
Equity in undistributed income of subsidiaries (111,945) (276,090) (54,156)
Other 0 (671) 328
Changes in operating assets and liabilities:      
Decrease (Increase) in accounts receivable 178 (115) (4)
Decrease (increase) in receivable from subsidiaries 47,371 25,049 5,253
Decrease (Increase) in prepaid expenses and other assets (219) (1,085) 933
Increase in accrued employee compensation 824 3,698 876
Decrease (increase) in income and other tax receivable 7,265 (1,240) (3,219)
(Decrease) Increase in income and other tax liabilities (143) 6,676 (2,612)
(Decrease) in accounts payable, accrued expenses and other liabilities (607) (442) (2,039)
(Decrease) increase in operating lease liabilities (4,673) (4,055) 1,191
Net cash provided by operating activities 215,449 20,339 168,018
Cash flows from investing activities      
Acquisition of business, net of cash and cash equivalents acquired (17,079)   (102,320)
Proceeds from maturities and sales   170,657 170,936
Purchases, available-for-sale investments   (32,865) (160,827)
Purchases of furniture, equipment and leasehold improvements (198) (337) (1,424)
Purchase of intangible asset     (30)
Net cash provided by (used in) investing activities (17,277) 137,455 (93,665)
Cash flows from financing activities      
Cash dividend on common stock (99,791) (90,566) (76,231)
Exercise of stock options 7,096 4,007 1,207
Withholding tax payments on restricted stock vesting and stock option exercises (33,890) (42,418) (25,820)
Repurchases of common stock (63,189) (16,135) (17,256)
Proceeds from short-term borrowings   348,000  
Repayments of short-term borrowings   (348,000)  
Net cash (used in) financing activities (189,774) (145,112) (118,100)
Effect of exchange rate changes on cash and cash equivalents (2,324) (5,176) (3,852)
Cash and cash equivalents including restricted cash      
Net increase for the period 6,073 7,506 (47,599)
Beginning of period 55,747 48,241 95,840
End of period 61,820 55,747 48,241
Supplemental cash flow information:      
Cash paid for income taxes 41,103 32,674 41,025
Cash paid for interest   805  
Non-cash investing and financing activity:      
Exercise of stock options - cashless 2,750 10,866 1,811
Treasury stock used for acquisition of business     (48,830)
Mutual Funds Held In Rabbi Trust [Member]      
Changes in operating assets and liabilities:      
(Increase) decrease in trading investments (2,306) (2,671) (2,118)
Mutual Funds Held In Rabbi Trust [Member] | MarketAxess Holdings Inc. (Parent) [Member]      
Changes in operating assets and liabilities:      
(Increase) decrease in trading investments $ (1,516) $ (1,328) $ (1,183)