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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents ($9.7 million and $9.8 million restricted from use at March 31, 2020 and December 31, 2019, respectively) $ 79,667 $ 113,975
Fees receivable, net of allowance for doubtful accounts of $1.1 million at both March 31, 2020 and December 31, 2019 56,079 77,766
Other receivables 12,847 2,519
Property and equipment, net of accumulated depreciation of $47.7 million at both March 31, 2020 and December 31, 2019 6,241 6,281
Operating lease right-of-use asset 23,908 28,346
Goodwill 192,462 205,992
Deferred tax asset, net 47,087 51,278
Other assets 15,219 8,218
Total assets 433,510 494,375
Liabilities and Equity    
Compensation payable 18,964 26,878
Accounts payable and accrued expenses 12,459 12,412
Current income taxes payable 11,831 9,653
Operating lease obligations 25,889 30,750
Secured term loan payable 342,826 358,003
Deferred tax liability 11,466 12,004
Total liabilities 423,435 449,700
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 48,348,033 and 46,801,812 shares issued as of March 31, 2020 and December 31, 2019, respectively; 18,771,782 and 18,355,907 shares outstanding as of March 31, 2020 and December 31, 2019, respectively 483 468
Restricted stock units 47,430 77,657
Additional paid-in capital 927,686 887,095
Retained earnings 60,202 69,093
Accumulated other comprehensive income (loss) (48,147) (34,115)
Treasury stock, at cost, par value $0.01 per share; 29,576,251 and 28,445,905 shares as of March 31, 2020 and December 31, 2019, respectively (977,579) (955,523)
Stockholders’ equity 10,075 44,675
Total liabilities and equity $ 433,510 $ 494,375