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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents ($7.0 million and $6.9 million restricted from use at March 31, 2022 and December 31, 2021, respectively) $ 83,304 $ 134,624
Fees receivable, net of allowance for doubtful accounts of $0.1 million and $0.3 million at March 31, 2022 and December 31, 2021, respectively 31,430 51,540
Other receivables 12,934 8,207
Property and equipment, net of accumulated depreciation of $20.4 million and $20.1 million at March 31, 2022 and December 31, 2021, respectively 22,811 22,919
Operating lease right-of-use asset 72,639 73,837
Goodwill 213,257 210,038
Deferred tax asset, net 58,467 58,579
Other assets 28,442 8,888
Total assets 523,284 568,632
Liabilities and Equity    
Compensation payable 22,102 41,300
Accounts payable and accrued expenses 18,107 17,776
Current income taxes payable 12,186 12,345
Operating lease obligations 91,523 92,691
Secured term loan payable 268,288 267,840
Deferred tax liability 30,909 31,745
Total liabilities 443,115 463,697
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 51,901,458 and 50,621,563 shares issued as of March 31, 2022 and December 31, 2021, respectively; 18,283,436 and 18,066,226 shares outstanding as of March 31, 2022 and December 31, 2021, respectively 519 506
Restricted stock units 45,796 56,495
Additional paid-in capital 988,215 969,719
Retained earnings 117,895 132,559
Accumulated other comprehensive income (loss) (28,523) (30,443)
Treasury stock, at cost, par value $0.01 per share; 33,618,022 and 32,555,337 shares as of March 31, 2022 and December 31, 2021, respectively (1,043,733) (1,023,901)
Stockholders’ equity 80,169 104,935
Total liabilities and equity $ 523,284 $ 568,632