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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 290,544 $ 506,735
Cash segregated under federal regulations 50,276 50,159
Investments, at fair value 34,297 36,078
Accounts receivable, net of allowance of $193 and $140 as of June 30, 2022 and December 31, 2021, respectively 87,475 63,881
Receivables from broker-dealers, clearing organizations and customers 617,817 408,346
Goodwill 154,789 154,789
Intangible assets, net of accumulated amortization 105,607 116,377
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization 93,255 96,061
Operating lease right-of-use assets 68,602 70,960
Prepaid expenses and other assets 65,048 27,066
Total assets 1,567,710 1,530,452
Liabilities    
Accrued employee compensation 35,685 59,719
Payables to broker-dealers, clearing organizations and customers 375,211 229,325
Income and other tax liabilities 27,660 40,456
Accounts payable, accrued expenses and other liabilities 42,797 71,218
Operating lease liabilities 85,555 88,425
Total liabilities 566,908 489,143
Commitments and Contingencies (Note 13)
Stockholders' equity    
Preferred stock 0 0
Common stock 123 123
Additional paid-in capital 325,047 330,262
Treasury stock - Common stock voting, at cost, 3,270,512 shares and 2,992,550 as of June 30, 2022 and December 31, 2021, respectively (320,252) (232,712)
Retained earnings 1,035,723 956,966
Accumulated other comprehensive loss (39,839) (13,330)
Total stockholders' equity 1,000,802 1,041,309
Total liabilities and stockholders' equity 1,567,710 1,530,452
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock $ 0 $ 0