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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Net Income $ 44,468 $ 43,796
Adjustments to Reconcile Net Income to Net Cash Used in Operating Activities    
Equity-Based Compensation Expense 59,069 29,948
Depreciation and Amortization Expense 4,307 3,834
Amortization of Operating Lease Right-of-Use Assets 5,362 4,780
Provision for Credit Losses 1,464 (192)
Other (1,836) (1,414)
Cash Flows Due to Changes in Operating Assets and Liabilities    
Accounts Receivable (64,972) (41,087)
Other Assets (25,721) (4,236)
Accrued Compensation and Benefits (57,744) (177,771)
Accounts Payable, Accrued Expenses and Other Liabilities (1,862) (102)
Operating Lease Liabilities (5,640) (5,351)
Taxes Payable (889) (1,109)
Deferred Revenue 1,755 (856)
Net Cash Used in Operating Activities (42,239) (149,760)
Investing Activities    
Purchases of Investments (19,979) (97,638)
Proceeds from Sales and Maturities of Investments   162,813
Purchases of Furniture, Equipment and Leasehold Improvements (806) (43)
Net Cash Provided by (Used in) Investing Activities (20,785) 65,132
Financing Activities    
Dividends (6,268) (1,270)
Proceeds from Revolving Credit Facility 42,000 15,000
Payments on Revolving Credit Facility (17,000) (15,000)
Employee Taxes Paid for Shares Withheld (15,367) (20,415)
Cash-Settled Exchanges of Partnership Units (6,559) (48,478)
Treasury Stock Purchases (56,569) (45,896)
Payments Pursuant to Tax Receivable Agreement   (1,165)
Net Cash Used in Financing Activities (59,763) (117,224)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (1,887) 1,943
Net Decrease in Cash and Cash Equivalents (124,674) (199,909)
Cash and Cash Equivalents, Beginning of Period 200,481 299,513
Cash and Cash Equivalents, End of Period 75,807 99,604
Supplemental Disclosure of Cash Flows Information    
Payments for Income Taxes, Net of Refunds Received $ 2,071 4,458
Non-Cash Receipt of Shares   $ 1,125