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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 332,780 $ 430,746
Cash segregated under federal regulations 51,459 50,947
Investments, at fair value 106,674 83,792
Accounts receivable, net of allowance of $767 and $590 as of March 31, 2023 and December 31, 2022, respectively 100,184 78,450
Receivables from broker-dealers, clearing organizations and customers 558,254 476,335
Goodwill 154,789 154,789
Intangible assets, net of accumulated amortization 94,411 98,065
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization 99,133 100,256
Operating lease right-of-use assets 64,904 66,106
Prepaid expenses and other assets 65,874 68,289
Total assets 1,628,462 1,607,775
Liabilities    
Accrued employee compensation 24,735 56,302
Payables to broker-dealers, clearing organizations and customers 316,274 303,993
Income and other tax liabilities 37,930 28,448
Accounts payable, accrued expenses and other liabilities 46,674 55,263
Operating lease liabilities 81,317 82,676
Total liabilities 506,930 526,682
Commitments and Contingencies (Note 13)
Stockholders' equity    
Preferred stock 0 0
Common stock 123 123
Additional paid-in capital 333,114 345,468
Treasury stock - Common stock voting, at cost, 3,268,584 shares and 3,270,512 shares as of March 31, 2023 and December 31, 2022, respectively (327,815) (328,326)
Retained earnings 1,148,093 1,101,525
Accumulated other comprehensive loss (31,983) (37,697)
Total stockholders' equity 1,121,532 1,081,093
Total liabilities and stockholders' equity 1,628,462 1,607,775
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock $ 0 $ 0