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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents ($3.8 million and $3.9 million restricted from use at December 31, 2018 and 2017, respectively) $ 156,374 $ 267,646
Advisory fees receivable, net of allowance for doubtful accounts of $0.0 million and $0.3 million at December 31, 2018 and 2017, respectively 61,793 64,244
Other receivables 2,595 3,964
Property and equipment, net of accumulated depreciation of $45.0 and $62.1 million at December 31, 2018 and 2017 7,185 8,602
Goodwill 205,922 217,737
Deferred tax asset, net 43,706 42,345
Other assets 8,125 6,279
Total assets 485,700 610,817
Liabilities and Equity    
Compensation payable 56,922 26,022
Accounts payable and accrued expenses 17,167 15,443
Current income taxes payable 7,486 5,311
Secured term loan payable 319,479 339,048
Contingent obligation due selling unitholders of Cogent 18,293 13,763
Deferred tax liability 3,990 2,928
Total liabilities 423,337 402,515
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 45,001,788 and 43,750,170 shares issued as of December 31, 2018 and 2017, respectively; 20,404,996 and 27,084,520 shares outstanding as of December 31, 2018 and 2017, respectively 450 438
Restricted stock units 71,596 80,512
Additional paid-in capital 846,721 800,806
Exchangeable shares of subsidiary; 257,156 shares issued as of December 31, 2018 and 2017; 32,804 shares outstanding as of December 31, 2018 and 2017 1,958 1,958
Retained earnings 63,427 37,595
Accumulated other comprehensive income (loss) (35,705) (22,222)
Treasury stock, at cost, par value $0.01 per share; 24,596,792 and 16,665,650 shares as of December 31, 2018 and 2017, respectively (886,084) (690,785)
Stockholders’ equity 62,363 208,302
Total liabilities and equity $ 485,700 $ 610,817