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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents ($9.6 million and $9.8 million restricted from use at June 30, 2020 and December 31, 2019, respectively) $ 84,550 $ 113,975
Fees receivable, net of allowance for doubtful accounts of $0.3 million and $1.1 million at June 30, 2020 and December 31, 2019, respectively 45,275 77,766
Other receivables 17,360 2,519
Property and equipment, net of accumulated depreciation of $48.3 million and $47.7 million at June 30, 2020 and December 31, 2019, respectively 7,323 6,281
Operating lease right-of-use asset 83,282 28,346
Goodwill 203,940 205,992
Deferred tax asset, net 59,138 51,278
Other assets 13,008 8,218
Total assets 513,876 494,375
Liabilities and Equity    
Compensation payable 22,067 26,878
Accounts payable and accrued expenses 13,525 12,412
Current income taxes payable 8,255 9,653
Operating lease obligations 87,079 30,750
Secured term loan payable 343,274 358,003
Deferred tax liability 26,208 12,004
Total liabilities 500,408 449,700
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 48,526,550 and 46,801,812 shares issued as of June 30, 2020 and December 31, 2019, respectively; 18,887,477 and 18,355,907 shares outstanding as of June 30, 2020 and December 31, 2019, respectively 485 468
Restricted stock units 52,257 77,657
Additional paid-in capital 933,315 887,095
Retained earnings 43,881 69,093
Accumulated other comprehensive income (loss) (38,325) (34,115)
Treasury stock, at cost, par value $0.01 per share; 29,639,073 and 28,445,905 shares as of June 30, 2020 and December 31, 2019, respectively (978,145) (955,523)
Stockholders’ equity 13,468 44,675
Total liabilities and equity $ 513,876 $ 494,375