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Parent Company Information - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net Income (Loss) $ 274,181 $ 258,055 $ 250,224
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 73,824 70,557 61,446
Amortization of operating lease right-of-use assets 6,639 5,853 5,708
Stock-based compensation expense 29,684 29,190 29,864
Deferred taxes (3,878) (5,815) (6,547)
Other 7,042 (3,113) 555
Changes in operating assets and liabilities:      
(Increase)/decrease in accounts receivable (3,730) (7,116) (15,136)
Decrease/(increase) in prepaid expenses and other assets 1,009 (11,898) (4,249)
(Decrease) increase in accrued employee compensation 7,049 1,466 (3,417)
Increase (decrease) in income and other tax liabilities (3,284) (14,691) (4,768)
(Decrease)/increase in accounts payable, accrued expenses and other liabilities 3,543 (7,229) 11,384
(Decrease) in operating lease liabilities (8,730) (6,735) (6,373)
Net cash provided by operating activities 385,237 333,767 289,231
Cash flows from investing activities      
Acquisition of equity method investment 0 0 (34,400)
Proceeds from maturities and sales 12,440 4,452 0
Purchases (42,810) (28,818) 0
Purchases of furniture, equipment and leasehold improvements (9,942) (9,326) (13,142)
Net cash (used in) investing activities (86,935) (155,290) (86,272)
Cash flows from financing activities      
Cash dividends on common stock (112,697) (109,658) (105,942)
Exercise of stock options 2,988 940 672
Withholding tax payments on Full Value Awards vesting and stock option exercises (16,194) (25,839) (23,404)
Repurchases of common stock (75,474) 0 (87,540)
Proceeds from short-term borrowings 344,925 123,995 100,000
Repayments of short-term borrowings (344,925) (123,995) (100,000)
Net cash (used in) financing activities (201,377) (147,057) (242,378)
Effect of exchange rate changes on cash and cash equivalents (8,138) 7,588 (13,484)
Cash and cash equivalents including restricted cash      
Net increase for the period 88,787 39,008 (52,903)
Beginning of period 611,672 572,664 625,567
End of period 700,459 611,672 572,664
Supplemental cash flow information:      
Cash paid for income taxes 96,932 94,814 88,677
Cash paid for interest 1,717 1,870 652
Non-cash investing and financing activity      
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 1,840 1,183 1,880
Treasury stock used for acquisition of business 0 (43,841) 0
MarketAxess Holdings Inc. (Parent) [Member]      
Cash flows from operating activities      
Net Income (Loss) 274,181 258,055 250,224
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,186 2,153 2,136
Amortization of operating lease right-of-use assets 3,697 3,361 3,347
Stock-based compensation expense 7,130 9,725 12,554
Deferred taxes 397 101 (5,076)
Equity in undistributed income of subsidiaries (42,362) (2,221) (15,220)
Other 4,304 (4,675) 441
Changes in operating assets and liabilities:      
(Increase)/decrease in accounts receivable 526 (1,154) (769)
Decrease in receivable from subsidiaries 12,694 5,474 7,931
Decrease/(increase) in prepaid expenses and other assets 304 1,296 (1,175)
(Decrease) increase in accrued employee compensation 1,118 (1,104) (1,372)
(Increase) decrease in income and other tax receivables (579) 3,800 (9,711)
Increase (decrease) in income and other tax liabilities (2,278) 2,287 62
(Decrease)/increase in accounts payable, accrued expenses and other liabilities 4,809 (861) 443
(Decrease) in operating lease liabilities (4,669) (3,624) (3,689)
Net cash provided by operating activities 261,364 272,424 241,110
Cash flows from investing activities      
Acquisition of business 0 (81,161) 0
Acquisition of equity method investment 0 0 (34,400)
Investments in subsidiaries (30) (10,058) (8,326)
Proceeds from maturities and sales 12,440 4,454 0
Purchases (42,810) (28,818) 0
Purchases of furniture, equipment and leasehold improvements (156) (239) (96)
Net cash (used in) investing activities (30,556) (115,822) (42,822)
Cash flows from financing activities      
Cash dividends on common stock (112,697) (109,658) (105,942)
Exercise of stock options 2,988 940 672
Withholding tax payments on Full Value Awards vesting and stock option exercises (16,194) (25,839) (23,404)
Repurchases of common stock (75,474) 0 (87,540)
Proceeds from short-term borrowings 100,000 100,000 100,000
Repayments of short-term borrowings (100,000) (100,000) (100,000)
Net cash (used in) financing activities (201,377) (134,557) (216,214)
Effect of exchange rate changes on cash and cash equivalents 0 (3) 15
Cash and cash equivalents including restricted cash      
Net increase for the period 29,431 22,042 (17,911)
Beginning of period 65,951 43,909 61,820
End of period 95,382 65,951 43,909
Supplemental cash flow information:      
Cash paid for income taxes 53,999 55,784 65,764
Cash paid for interest 167 35 271
Non-cash investing and financing activity      
Exercise of stock options - cashless 1,735 0 3,845
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 0 1,072 0
Treasury stock used for acquisition of business 0 43,841 0
Mutual Funds Held In Rabbi Trust [Member]      
Changes in operating assets and liabilities:      
Decrease/(increase) in trading investments (621) (1,103) 1,813
Mutual Funds Held In Rabbi Trust [Member] | MarketAxess Holdings Inc. (Parent) [Member]      
Changes in operating assets and liabilities:      
Decrease/(increase) in trading investments (94) (189) 984
Trading Investments [Member]      
Changes in operating assets and liabilities:      
Decrease/(increase) in trading investments $ (629) $ (25,248) $ (49,527)