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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents ($6.9 million and $6.9 million restricted from use at June 30, 2022 and December 31, 2021, respectively) $ 64,538 $ 134,624
Fees receivable, net of allowance for doubtful accounts of $0.1 million and $0.3 million at June 30, 2022 and December 31, 2021, respectively 22,085 51,540
Other receivables 16,140 8,207
Property and equipment, net of accumulated depreciation of $20.3 million and $20.1 million at June 30, 2022 and December 31, 2021, respectively 22,392 22,919
Operating lease right-of-use asset 85,966 73,837
Goodwill 204,732 210,038
Deferred tax asset, net 62,778 58,579
Other assets 24,328 8,888
Total assets 502,959 568,632
Liabilities and Equity    
Compensation payable 21,567 41,300
Accounts payable and accrued expenses 20,468 17,776
Current income taxes payable 2,944 12,345
Operating lease obligations 104,555 92,691
Secured term loan payable 268,736 267,840
Deferred tax liability 34,845 31,745
Total liabilities 453,115 463,697
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 52,350,271 and 50,621,563 shares issued as of June 30, 2022 and December 31, 2021, respectively; 17,881,323 and 18,066,226 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 524 506
Restricted stock units 48,702 56,495
Additional paid-in capital 994,378 969,719
Retained earnings 96,581 132,559
Accumulated other comprehensive income (loss) (36,245) (30,443)
Treasury stock, at cost, par value $0.01 per share; 34,468,948 and 32,555,337 shares as of June 30, 2022 and December 31, 2021, respectively (1,054,096) (1,023,901)
Stockholders’ equity 49,844 104,935
Total liabilities and equity $ 502,959 $ 568,632