Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 974,062	$ 777,706
Accounts receivable (net of allowances of $1,212 and $1,117 at September 30, 2016 and December 31, 2015, respectively)	235,803	208,239
Prepaid income taxes	20,585	46,115
Prepaid and other assets	31,913	31,211
Total current assets	1,262,363	1,063,271
Property, equipment and leasehold improvements (net of accumulated depreciation and amortization of $133,237 and $114,680 at September 30, 2016 and December 31, 2015, respectively)	99,259	98,926
Goodwill	1,558,431	1,565,621
Intangible assets (net of accumulated amortization of $451,990 and $418,512 at September 30, 2016 and December 31, 2015, respectively)	358,431	391,490
Deferred tax assets	9,793	9,180
Other non-current assets	18,807	18,499
Total assets	3,307,084	3,146,987
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	1,249	2,512
Accrued compensation and related benefits	96,428	116,619
Other accrued liabilities	75,836	61,433
Deferred revenue	343,264	317,552
Total current liabilities	516,777	498,116
Long-term debt	2,074,478	1,579,404
Deferred taxes	102,499	110,937
Other non-current liabilities	61,811	57,043
Total liabilities	2,755,565	2,245,500
Commitments and Contingencies (see Note 6 and Note 7)
Shareholders' equity:
Preferred Stock (par value $0.01, 100,000,000 share authorized, no shares issued)
Common stock (par value $0.01; 750,000,000 common shares authorized; 128,955,118 and 128,200,189 common shares issued and 94,672,958 and 101,013,148 common shares outstanding at September 30, 2016 and December 31, 2015, respectively)	1,290	1,282
Treasury shares, at cost (34,282,160 and 27,187,041 common shares held at September 30, 2016 and December 31, 2015, respectively)	(1,895,027)	(1,395,695)
Additional paid in capital	1,215,661	1,173,183
Retained earnings	1,280,497	1,158,462
Accumulated other comprehensive loss	(50,902)	(35,745)
Total shareholders' equity	551,519	901,487
Total liabilities and shareholders' equity	$ 3,307,084	$ 3,146,987

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.