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Parent Company Information - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net Income (Loss) $ 258,055 $ 250,224 $ 257,888
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 70,557 61,446 53,447
Amortization of operating lease right-of-use assets 5,853 5,708 6,799
Stock-based compensation expense 29,190 29,864 27,314
Deferred taxes (5,815) (6,547) 3,118
Other (3,113) 555 (466)
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (7,116) (15,136) 15,598
Decrease/(increase) in prepaid expenses and other assets (11,898) (4,249) 2,214
(Decrease) increase in accrued employee compensation 1,466 (3,417) (2,607)
Increase (decrease) in income and other tax liabilities (14,691) (4,768) (5,638)
(Decrease)/increase in accounts payable, accrued expenses and other liabilities (7,229) 11,384 215
(Decrease) in operating lease liabilities (6,735) (6,373) (7,001)
Net cash provided by operating activities 333,767 289,231 282,091
Cash flows from investing activities      
Acquisitions, net of cash and cash equivalents acquired (78,476) 0 (17,078)
Acquisition of equity method investment 0 (34,400) 0
Proceeds from maturities and sales 4,452 0 0
Purchases (28,818) 0 0
Purchases of furniture, equipment and leasehold improvements (9,326) (13,142) (17,493)
Net cash (used in) investing activities (155,290) (86,272) (67,694)
Cash flows from financing activities      
Cash dividend on common stock (109,658) (105,942) (99,792)
Exercise of stock options 940 672 7,096
Withholding tax payments on restricted stock vesting and stock option exercises (25,839) (23,404) (33,890)
Repurchases of common stock 0 (87,540) (63,189)
Proceeds from short-term borrowings 123,995 100,000 70,348
Repayments of short-term borrowings (123,995) (100,000) (70,348)
Net cash (used in) financing activities (147,057) (242,378) (189,775)
Effect of exchange rate changes on investments 7,588 (13,484) (7,105)
Cash and cash equivalents including restricted cash      
Net increase (decrease) for the period 39,008 (52,903) 17,517
Beginning of period 572,664 625,567 608,050
End of period 611,672 572,664 625,567
Supplemental cash flow information:      
Cash paid for income taxes 94,814 88,677 70,003
Cash paid for interest 1,870 652 830
Non-cash investing and financing activity:      
Exercise of stock options - cashless 0 3,845 2,750
Right-of-use assets obtained in exchange for operating lease liabilities 1,183 1,880 1,972
Treasury stock used for acquisition of business (43,841) 0 0
MarketAxess Holdings Inc. (Parent) [Member]      
Cash flows from operating activities      
Net Income (Loss) 258,055 250,224 257,888
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,153 2,136 2,123
Amortization of operating lease right-of-use assets 3,361 3,347 4,484
Stock-based compensation expense 9,725 12,554 12,706
Deferred taxes 101 (5,076) 1,712
Equity in undistributed income of subsidiaries (2,221) (15,220) (111,945)
Other (4,675) 441 0
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (1,154) (769) 178
(Increase) decrease in receivable from subsidiaries (189) 984 (1,516)
Decrease/(increase) in prepaid expenses and other assets 1,296 1,175 219
(Increase) decrease in income and other tax receivables 3,800 (9,711) 7,265
(Decrease) increase in accrued employee compensation (1,104) (1,372) 824
Increase (decrease) in income and other tax liabilities 2,287 62 (143)
(Decrease)/increase in accounts payable, accrued expenses and other liabilities (861) 443 (607)
(Decrease) in operating lease liabilities (3,624) (3,689) (4,673)
Net cash provided by operating activities 272,424 241,110 215,449
Cash flows from investing activities      
Acquisitions, net of cash and cash equivalents acquired (81,161) 0 (17,079)
Acquisition of equity method investment 0 (34,400) 0
Investments in subsidiaries (10,058) (8,326) 0
Proceeds from maturities and sales 4,454 0 0
Purchases (28,818) 0 0
Purchases of furniture, equipment and leasehold improvements (239) (96) (198)
Net cash (used in) investing activities (115,822) (42,822) (17,277)
Cash flows from financing activities      
Cash dividend on common stock (109,658) (105,942) (99,791)
Exercise of stock options 940 672 7,096
Withholding tax payments on restricted stock vesting and stock option exercises (25,839) (23,404) (33,890)
Repurchases of common stock 0 (87,540) (63,189)
Proceeds from short-term borrowings 100,000 100,000 0
Repayments of short-term borrowings (100,000) (100,000) 0
Net cash (used in) financing activities (134,557) (216,214) (189,774)
Effect of exchange rate changes on investments (3) 15 (2,324)
Cash and cash equivalents including restricted cash      
Net increase (decrease) for the period 22,042 (17,911) 6,073
Beginning of period 43,909 61,820 55,747
End of period 65,951 43,909 61,820
Supplemental cash flow information:      
Cash paid for income taxes 55,784 65,764 41,103
Cash paid for interest 35 271 0
Non-cash investing and financing activity:      
Exercise of stock options - cashless 0 3,845 2,750
Right-of-use assets obtained in exchange for operating lease liabilities 1,072 0 0
Treasury stock used for acquisition of business 43,841 0 0
Mutual Funds Held In Rabbi Trust [Member]      
Changes in operating assets and liabilities:      
(Increase) in trading investments (1,103) 1,813 (2,306)
Mutual Funds Held In Rabbi Trust [Member] | MarketAxess Holdings Inc. (Parent) [Member]      
Changes in operating assets and liabilities:      
(Increase) in trading investments 5,474 7,931 47,371
Trading Investments [Member]      
Changes in operating assets and liabilities:      
(Increase) in trading investments $ (25,248) $ (49,527) $ (5,574)