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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents ($5.9 million and $6.9 million restricted from use at September 30, 2023 and December 31, 2022, respectively) $ 60,521 $ 104,336
Fees receivable, net of allowance for doubtful accounts of $0.0 million and $0.1 million at September 30, 2023 and December 31, 2022, respectively 20,748 40,322
Other receivables 14,354 2,886
Property and equipment, net of accumulated depreciation of $18.1 million and $15.6 million at September 30, 2023 and December 31, 2022, respectively 26,739 27,040
Operating lease right-of-use asset 84,625 88,333
Goodwill 197,408 202,708
Deferred tax asset, net 78,963 75,196
Other assets 15,915 11,968
Total assets 499,273 552,789
Liabilities and Equity    
Compensation payable 27,495 28,656
Accounts payable and accrued expenses 19,357 17,011
Current income taxes payable 3,734 12,134
Operating lease obligations 105,451 107,637
Secured promissory note 277,835 0
Secured term loan payable 0 269,633
Deferred tax liability 36,497 36,754
Total liabilities 470,369 471,825
Common stock, par value $0.01 per share; 100,000,000 shares authorized, 55,321,470 and 53,288,909 shares issued as of September 30, 2023 and December 31, 2022, respectively; 18,815,295 and 17,768,705 shares outstanding as of September 30, 2023 and December 31, 2022, respectively 553 533
Restricted stock units 35,238 48,333
Additional paid-in capital 1,039,147 1,008,797
Retained earnings 71,831 125,994
Accumulated other comprehensive income (loss) (43,268) (38,856)
Treasury stock, at cost, par value $0.01 per share; 36,506,175 and 35,520,204 shares as of September 30, 2023 and December 31, 2022, respectively (1,074,597) (1,063,837)
Stockholders’ equity 28,904 80,964
Total liabilities and equity $ 499,273 $ 552,789