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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 270,124 $ 246,322
Investments, at fair value 230,477 240,105
Accounts receivable, net of allowance of $57 and $80 as of December 31, 2019 and 2018, respectively 62,017 57,535
Goodwill 146,861 59,713
Intangible assets, net of accumulated amortization 60,986 2,962
Furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization 71,795 63,010
Operating lease right-of-use assets 81,399  
Prepaid expenses and other assets 30,770 22,468
Deferred tax assets, net 501 3,424
Total assets 954,930 695,539
Liabilities    
Accrued employee compensation 47,365 39,053
Income and other tax liabilities 16,690 16,432
Deferred revenue 3,499 2,810
Accounts payable, accrued expenses and other liabilities 19,294 29,366
Operating lease liabilities 97,991  
Total liabilities 184,839 87,661
Commitments and Contingencies (Note 14)
Stockholders' equity    
Preferred stock
Common stock 122 122
Additional paid-in capital 342,541 341,860
Treasury stock - Common stock voting, at cost, 2,810,609 and 2,900,432 shares as of December 31, 2019 and 2018, respectively (153,388) (184,962)
Retained earnings 591,086 463,252
Accumulated other comprehensive loss (10,270) (12,394)
Total stockholders' equity 770,091 607,878
Total liabilities and stockholders' equity 954,930 695,539
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock