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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 542,545 $ 402,692 $ 297,716
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization of property 38,315 35,095 35,572
Noncash lease expense 74,024 64,714 60,053
Currency translation adjustment reclassification 23,645    
Amortization of deferred expenses and share-based incentive compensation 394,114 346,926 365,821
Amortization and other acquisition-related costs 60 1,795 19,410
Deferred tax provision 90,643 47,148 24,872
Provision (benefit) pursuant to tax receivable agreement 2,199 (439) (503)
Loss on extinguishment of debt     6,505
(Increase) decrease in operating assets and increase (decrease) in operating liabilities:      
Receivables-net (81,609) (72,154) 35,692
Investments (458,593) (198,556) 54,828
Other assets (33,410) 1,353 (131,700)
Accrued compensation and benefits and other liabilities 274,146 (52,643) (90,313)
Net cash provided by operating activities 866,079 575,931 677,953
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property (39,698) (64,286) (42,757)
Disposals of property 642 1,347 509
Net cash used in investing activities (39,056) (62,939) (42,248)
Proceeds from:      
Issuance of senior debt, net of expenses     492,032
Customer deposits, net 350,868   211,997
Contributions from noncontrolling interests 334 423 1,765
Payments for:      
Senior debt     (255,746)
Customer deposits, net   (143,046)  
Distributions to noncontrolling interests (11,398) (2,861) (13,260)
Payments under tax receivable agreement (10,215) (25,454) (23,701)
Purchase of Class A common stock (406,149) (95,227) (494,687)
Class A common stock dividends (195,944) (196,598) (254,924)
Settlement of share-based incentive compensation in satisfaction of tax withholding requirements (68,013) (72,636) (99,959)
LFI Consolidated Funds redemptions (20,915)    
Other financing activities (8,380) (11,952) (7,567)
Net cash provided by (used in) financing activities 195,836 (547,351) (444,050)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (161,672) 147,627 (27,981)
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 861,187 113,268 163,674
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— January 1 2,568,827 2,455,559 2,291,885
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— December 31 3,430,014 $ 2,568,827 $ 2,455,559
LGAC [Member]      
Proceeds from:      
LGAC IPO 575,000    
Payments for:      
Payments of LGAC IPO underwriting fees and other offering costs $ (9,352)