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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents ($4.6 million and $6.2 million restricted from use at September 30, 2015 and December 31, 2014, respectively) $ 35,286 $ 50,940
Advisory fees receivable, net of allowance for doubtful accounts of $0.3 million and $0.1 million at September 30, 2015 and December 31, 2014, respectively 82,517 81,771
Other receivables 6,054 5,493
Property and equipment, net of accumulated depreciation of $59.5 million at September 30, 2015 and $58.5 million at December 31, 2014 10,240 10,335
Investments in merchant banking funds 3,451 4,173
Goodwill 206,182 130,976
Deferred tax asset, net 53,613 50,244
Other assets 6,182 3,718
Total assets 403,525 337,650
Liabilities and Equity    
Compensation payable 11,846 26,404
Accounts payable and accrued expenses 11,526 9,035
Current income taxes payable 10,939 10,007
Bank revolving loan payable 44,920 35,600
Bank term loans payable 33,750 0
Contingent obligation due selling unitholders of Cogent 13,244 0
Deferred tax liability 993 362
Total liabilities 127,218 81,408
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 40,505,914 and 38,898,163 shares issued as of September 30, 2015 and December 31, 2014, respectively; 29,321,202 and 28,053,563 shares outstanding as of September 30, 2015 and December 31, 2014, respectively 405 389
Contingent convertible preferred stock, par value $0.01 per share; 10,000,000 shares authorized and 1,099,877 shares issued as of September 30, 2015 and December 31, 2014; 0 and 439,951 shares outstanding as of September 30, 2015 and December 31, 2014, respectively 0 14,446
Restricted stock units 73,182 90,107
Additional paid-in capital 697,396 596,463
Exchangeable shares of subsidiary; 257,156 shares issued as of September 30, 2015 and December 31, 2014; 32,804 shares outstanding as of September 30, 2015 and December 31, 2014 1,958 1,958
Retained earnings 116,200 141,290
Accumulated other comprehensive income (loss) (30,520) (17,969)
Treasury stock, at cost, par value $0.01 per share; 11,184,712 and 10,844,600 shares as of September 30, 2015 and December 31, 2014, respectively (583,008) (571,136)
Stockholders’ equity 275,613 255,548
Noncontrolling interests 694 694
Total equity 276,307 256,242
Total liabilities and equity $ 403,525 $ 337,650