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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents ($5.7 million and $6.9 million restricted from use at June 30, 2023 and December 31, 2022, respectively) $ 47,711 $ 104,336
Fees receivable, net of allowance for doubtful accounts of $0.1 million and $0.1 million at June 30, 2023 and December 31, 2022, respectively 49,650 40,322
Other receivables 10,957 2,886
Property and equipment, net of accumulated depreciation of $17.3 million and $15.6 million at June 30, 2023 and December 31, 2022, respectively 27,680 27,040
Operating lease right-of-use asset 84,105 88,333
Goodwill 200,972 202,708
Deferred tax asset, net 73,182 75,196
Other assets 21,780 11,968
Total assets 516,037 552,789
Liabilities and Equity    
Compensation payable 20,846 28,656
Accounts payable and accrued expenses 18,410 17,011
Current income taxes payable 9,043 12,134
Operating lease obligations 104,458 107,637
Secured term loan payable 268,734 269,633
Deferred tax liability 36,687 36,754
Total liabilities 458,178 471,825
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 55,301,632 and 53,288,909 shares issued as of June 30, 2023 and December 31, 2022, respectively; 18,802,594 and 17,768,705 shares outstanding as of June 30, 2023 and December 31, 2022, respectively 553 533
Restricted stock units 29,128 48,333
Additional paid-in capital 1,038,855 1,008,797
Retained earnings 102,318 125,994
Accumulated other comprehensive income (loss) (38,504) (38,856)
Treasury stock, at cost, par value $0.01 per share; 36,499,038 and 35,520,204 shares as of June 30, 2023 and December 31, 2022, respectively (1,074,491) (1,063,837)
Stockholders’ equity 57,859 80,964
Total liabilities and equity $ 516,037 $ 552,789