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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 318,699 $ 506,735
Cash segregated under federal regulations 50,523 50,159
Investments, at fair value 33,294 36,078
Accounts receivable, net of allowance of $387 and $140 as of September 30, 2022 and December 31, 2021, respectively 87,550 63,881
Receivables from broker-dealers, clearing organizations and customers 584,654 408,346
Goodwill 154,789 154,789
Intangible assets, net of accumulated amortization 99,887 116,377
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization 93,512 96,061
Operating lease right-of-use assets 66,662 70,960
Prepaid expenses and other assets 70,177 27,066
Total assets 1,559,747 1,530,452
Liabilities    
Accrued employee compensation 45,217 59,719
Payables to broker-dealers, clearing organizations and customers 336,885 229,325
Income and other tax liabilities 28,257 40,456
Accounts payable, accrued expenses and other liabilities 47,362 71,218
Operating lease liabilities 83,286 88,425
Total liabilities 541,007 489,143
Commitments and Contingencies (Note 13)
Stockholders' equity    
Preferred stock 0 0
Common stock 123 123
Additional paid-in capital 330,294 330,262
Treasury stock - Common stock voting, at cost, 3,270,512 shares and 2,992,550 as of September 30, 2022 and December 31, 2021, respectively (320,252) (232,712)
Retained earnings 1,068,662 956,966
Accumulated other comprehensive loss (60,087) (13,330)
Total stockholders' equity 1,018,740 1,041,309
Total liabilities and stockholders' equity 1,559,747 1,530,452
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock $ 0 $ 0