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Parent Company Information - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 250,224 $ 257,888 $ 299,377
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 61,446 53,447 35,996
Amortization of operating lease right-of-use assets 5,708 6,799 6,842
Stock-based compensation expense 29,864 27,314 25,613
Deferred taxes (6,547) 3,118 10,099
Other 555 (466) (550)
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (15,136) 15,598 (18,015)
(Increase) in prepaid expenses and other assets (4,249) 2,214 (1,977)
(Decrease) increase in accrued employee compensation (3,417) (2,607) 14,961
Increase (decrease) in income and other tax liabilities (4,768) (5,638) 16,189
Increase (decrease) in accounts payable, accrued expenses and other liabilities 11,384 215 6,006
(Decrease) in operating lease liabilities (6,373) (7,001) (5,788)
Net cash provided by operating activities 289,231 282,091 404,489
Cash flows from investing activities      
Acquisitions, net of cash and cash equivalents acquired 0 (17,078) (23,297)
Acquisition of equity method investment (34,400) 0 0
Proceeds from maturities and sales 0 0 170,657
Purchases 0 0 (32,865)
Purchases of furniture, equipment and leasehold improvements (13,142) (17,493) (15,010)
Net cash (used in) provided by investing activities (86,272) (67,694) 68,867
Cash flows from financing activities      
Cash dividend on common stock (105,942) (99,792) (90,566)
Exercise of stock options 672 7,096 4,007
Withholding tax payments on restricted stock vesting and stock option exercises (23,404) (33,890) (42,418)
Repurchases of common stock (87,540) (63,189) (16,135)
Proceeds from short-term borrowings 100,000 70,348 578,356
Repayments of short-term borrowings (100,000) (70,348) (578,356)
Net cash (used in) financing activities (242,378) (189,775) (145,112)
Effect of exchange rate changes on investments (13,484) (7,105) 5,553
Cash and cash equivalents including restricted cash      
Net increase (decrease) for the period (52,903) 17,517 333,797
Beginning of period 625,567 608,050 274,253
End of period 572,664 625,567 608,050
Supplemental cash flow information:      
Cash paid for income taxes 88,677 70,003 45,046
Cash paid for interest 652 830 1,142
Non-cash investing and financing activity:      
Exercise of stock options - cashless 3,845 2,750 10,866
MarketAxess Holdings Inc. (Parent) [Member]      
Cash flows from operating activities      
Net income 250,224 257,888 299,377
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,136 2,123 2,068
Amortization of operating lease right-of-use assets 3,347 4,484 4,117
Stock-based compensation expense 12,554 12,706 10,834
Deferred taxes (5,076) 1,712 3,644
Equity in undistributed income of subsidiaries (15,220) (111,945) (276,090)
Other (441) 0 (671)
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (769) 178 (115)
Decrease (increase) in receivable from subsidiaries (7,931) (47,371) 25,049
(Increase) in prepaid expenses and other assets (1,175) (219) (1,085)
(Increase) decrease in income and other tax receivables (9,711) 7,265 (1,240)
(Decrease) increase in accrued employee compensation (1,372) 824 3,698
Increase (decrease) in income and other tax liabilities 62 (143) 6,676
Increase (decrease) in accounts payable, accrued expenses and other liabilities 443 (607) (442)
(Decrease) in operating lease liabilities (3,689) (4,673) (4,055)
Net cash provided by operating activities 241,110 215,449 20,339
Cash flows from investing activities      
Acquisitions, net of cash and cash equivalents acquired 0 (17,079)  
Acquisition of equity method investment (34,400) 0 0
Investments in subsidiaries (8,326)    
Proceeds from maturities and sales     170,657
Purchases     (32,865)
Purchases of furniture, equipment and leasehold improvements (96) (198) (337)
Net cash (used in) provided by investing activities (42,822) (17,277) 137,455
Cash flows from financing activities      
Cash dividend on common stock (105,942) (99,791) (90,566)
Exercise of stock options 672 7,096 4,007
Withholding tax payments on restricted stock vesting and stock option exercises (23,404) (33,890) (42,418)
Repurchases of common stock (87,540) (63,189) (16,135)
Proceeds from short-term borrowings 100,000   348,000
Repayments of short-term borrowings 100,000   (348,000)
Net cash (used in) financing activities (216,214) (189,774) (145,112)
Effect of exchange rate changes on investments 15 (2,324) (5,176)
Cash and cash equivalents including restricted cash      
Net increase (decrease) for the period (17,911) 6,073 7,506
Beginning of period 61,820 55,747 48,241
End of period 43,909 61,820 55,747
Supplemental cash flow information:      
Cash paid for income taxes 65,764 41,103 32,674
Cash paid for interest 271   805
Non-cash investing and financing activity:      
Exercise of stock options - cashless 3,845 2,750 10,866
Mutual Funds Held In Rabbi Trust [Member]      
Changes in operating assets and liabilities:      
(Increase) decrease in trading investments 1,813 (2,306) (2,671)
Mutual Funds Held In Rabbi Trust [Member] | MarketAxess Holdings Inc. (Parent) [Member]      
Changes in operating assets and liabilities:      
(Increase) decrease in trading investments $ 984 $ (1,516) $ (1,328)