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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents ($6.9 million restricted from use at December 31, 2022 and 2021, respectively) $ 104,336 $ 134,624
Fees receivable, net of allowance for doubtful accounts of $0.1 million and $0.3 million at December 31, 2022 and 2021, respectively 40,322 51,540
Other receivables 2,886 8,207
Property and equipment, net of accumulated depreciation of $15.6 million and $20.1 million at December 31, 2022 and 2021, respectively 27,040 22,919
Operating lease right-of-use asset 88,333 73,837
Goodwill 202,708 210,038
Deferred tax asset, net 75,196 58,579
Other assets 11,968 8,888
Total assets 552,789 568,632
Liabilities and Equity    
Compensation payable 28,656 41,300
Accounts payable and accrued expenses 17,011 17,776
Current income taxes payable 12,134 12,345
Operating lease obligations 107,637 92,691
Secured term loan payable 269,633 267,840
Deferred tax liability 36,754 31,745
Total liabilities 471,825 463,697
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 53,288,909 and 50,621,563 shares issued as of December 31, 2022 and 2021, respectively; 17,768,705 and 18,066,226 shares outstanding as of December 31, 2022 and 2021, respectively 533 506
Restricted stock units 48,333 56,495
Additional paid-in capital 1,008,797 969,719
Retained earnings 125,994 132,559
Accumulated other comprehensive income (loss) (38,856) (30,443)
Treasury stock, at cost, par value $0.01 per share; 35,520,204 and 32,555,337 shares as of December 31, 2022 and 2021, respectively (1,063,837) (1,023,901)
Stockholders’ equity 80,964 104,935
Total liabilities and equity $ 552,789 $ 568,632