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Condensed Combined Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income $ 22,092 $ 711
Adjustments to reconcile combined net income to net cash provided by (used in) operating activities:    
Bad debt expense 1,022 458
Depreciation and amortization 575 584
Amortization of compensation associated with acquisition   205
(Income) loss from equity method investment 1,220 (1,418)
Equity-based compensation 11,010 12,526
Other (540) 361
Changes in assets and liabilities:    
Accounts receivable (1,432) 15,614
Other receivables 241 (6,699)
Prepaid expenses and other assets (6,009) (757)
Deferred compensation (5,823) (1,840)
Compensation payable (69,507) (108,374)
Accounts payable and accrued expenses 364 (743)
Deferred revenue 1,277 2,148
Dividends received   2,375
Other liabilities 271 1,497
Net cash provided by (used in) operating activities (45,239) (83,352)
Cash flows from investing activities    
Purchase of investments (16,999) (16,996)
Proceeds from sales of investments 83,237 118,143
Investment in joint venture (4,180)  
Note payments received from employees 686 383
Purchase of equipment and leasehold improvements (717) (385)
Change in restricted cash (1) (1)
Net cash provided by (used in) investing activities 62,026 101,144
Cash flows from financing activities    
Tax distributions to Parent for partners (39,188) (28,873)
Other cash contributions from (distributions to) Parent (17,240) 1,143
Net cash provided by (used in) financing activities (56,428) (27,730)
Effect of exchange rate fluctuations on cash and cash equivalents (17) (1,625)
Net increase (decrease) in cash and cash equivalents (39,658) (11,563)
Cash and cash equivalents, beginning of year 303,024 185,623
Cash and cash equivalents, end of year 263,366 174,060
Cash paid during the period for:    
Income taxes 1,712 900
Investing activities    
Non-cash distribution to Parent $ 2,904