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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 120,975 $ 90,826
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of property 10,258 9,361
Noncash lease expense 17,089 17,210
Amortization of deferred expenses and share-based incentive compensation 90,633 100,271
Amortization of intangible assets related to acquisitions 15 15
Deferred tax provision 26,261 29,673
(Increase) decrease in operating assets and increase (decrease) in operating liabilities:    
Receivables-net (15,160) (7,486)
Investments 44,236 (202,534)
Other assets (26,435) (16,134)
Accrued compensation and benefits and other liabilities (481,402) (144,542)
Net cash used in operating activities (213,530) (123,340)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property (13,510) (7,498)
Disposals of property 2 628
Net cash used in investing activities (13,508) (6,870)
Proceeds from:    
Contributions from noncontrolling interests 191  
Customer deposits, net 302,342  
Payments for:    
Customer deposits, net   (58,739)
Distributions to noncontrolling interests (4,474) (1,020)
Payments under tax receivable agreement (20,945) (10,215)
Purchase of Class A common stock (175,797) (122,652)
Class A common stock dividends (46,664) (49,441)
Settlement of share-based incentive compensation in satisfaction of tax withholding requirements (58,005) (64,804)
LFI Consolidated Funds redemptions (10,976)  
Other financing activities (4,915) (14,302)
Net cash provided by (used in) financing activities (19,243) 244,519
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (51,822) (79,205)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (298,103) 35,104
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— January 1 3,430,014 2,568,827
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— March 31 $ 3,131,911 2,603,931
LGAC [Member]    
Proceeds from:    
LGAC IPO   575,000
Payments for:    
Payments of LGAC IPO underwriting fees and other offering costs   $ (9,308)