XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 376,679 $ 451,280
Cash segregated under federal regulations 45,629 45,122
Investments, at fair value 135,831 134,861
Accounts receivable, net of allowance of $638 and $577 as of March 31, 2024 and December 31, 2023, respectively 99,878 89,839
Receivables from broker-dealers, clearing organizations and customers 662,888 687,936
Goodwill 236,706 236,706
Intangible assets, net of accumulated amortization 113,576 119,108
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization 107,239 102,671
Operating lease right-of-use assets 62,006 63,045
Prepaid expenses and other assets 86,531 84,499
Total assets 1,926,963 2,015,067
Liabilities    
Accrued employee compensation 28,665 60,124
Payables to broker-dealers, clearing organizations and customers 465,703 537,398
Income and other tax liabilities 2,931 7,892
Accounts payable, accrued expenses and other liabilities 33,361 37,013
Operating lease liabilities 78,070 79,677
Total liabilities 608,730 722,104
Commitments and Contingencies (Note 13)
Stockholders' equity    
Preferred stock 0 0
Common stock 123 123
Additional paid-in capital 327,519 333,292
Treasury stock - Common stock voting, at cost, 3,084,169 shares and 3,041,081 shares as of March 31, 2024 and December 31, 2023 respectively (269,005) (260,298)
Retained earnings 1,288,247 1,244,216
Accumulated other comprehensive loss (28,651) (24,370)
Total stockholders' equity 1,318,233 1,292,963
Total liabilities and stockholders' equity 1,926,963 2,015,067
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock $ 0 $ 0