Related Party Transactions

3 Months Ended

Mar. 31, 2025

Related Party Transactions [Abstract]

Related Party Transactions

Note 11: Related Party Transactions

The Company recognized royalty fee income from equity method investments as disclosed in Note 7: Equity Method Investments.

In addition, as of March 31, 2025 and December 31, 2024, the Company had receivables from brokers and other employees of $57.5 million and $47.5 million, respectively, that are included in Prepaid expenses and other current assets, and $402.5 million and $364.5 million, respectively, that are included in Other non-current assets in the Condensed Consolidated Balance Sheets. These amounts primarily represent prepaid commissions, retention and sign-on bonuses to brokers and other items such as travel and other advances to employees.