Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 696,972	$ 791,834
Accounts receivable (net of allowances of $1,108 and $1,035 at March 31, 2017 and December 31, 2016, respectively)	262,289	221,504
Prepaid income taxes		12,389
Prepaid and other assets	29,390	29,943
Total current assets	988,651	1,055,670
Property, equipment and leasehold improvements (net of accumulated depreciation and amortization of $146,219 and $136,841 at March 31, 2017 and December 31, 2016, respectively)	93,156	95,585
Goodwill	1,556,453	1,555,850
Intangible assets (net of accumulated amortization of $474,276 and $462,860 at March 31, 2017 and December 31, 2016, respectively)	339,107	347,640
Deferred tax assets	9,687	9,531
Other non-current assets	18,084	18,302
Total assets	3,005,138	3,082,578
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	1,138	568
Income taxes payable	3,755
Accrued compensation and related benefits	41,823	119,113
Other accrued liabilities	71,210	82,531
Deferred revenue	378,422	334,358
Total current liabilities	496,348	536,570
Long-term debt	2,075,924	2,075,201
Deferred taxes	91,845	94,067
Other non-current liabilities	62,183	59,135
Total liabilities	2,726,300	2,764,973
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; 129,385,707 and 128,996,344 common shares issued and 90,450,616 and 91,279,590 common shares outstanding at March 31, 2017 and December 31, 2016, respectively)	1,294	1,290
Treasury shares, at cost (38,935,091 and 37,716,754 common shares held at March 31, 2017 and December 31, 2016, respectively)	(2,271,112)	(2,170,739)
Additional paid in capital	1,237,106	1,225,565
Retained earnings	1,369,406	1,322,224
Accumulated other comprehensive loss	(57,856)	(60,735)
Total shareholders' equity	278,838	317,605
Total liabilities and shareholders' equity	$ 3,005,138	$ 3,082,578

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.