XML 18 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 229,109 $ 197,691
Restricted cash and short-term investments 120,176 107,174
Loans held for sale, at fair value 913,302 774,905
Other current assets (see Note 17) 114,050 87,976
Total current assets 2,005,042 1,772,673
Goodwill 802,040 770,886
Mortgage servicing rights, net 517,994 517,579
Loans, forgivable loans and other receivables from employees and partners, net 862,204 769,395
Right-of-use assets 447,765 500,464
Fixed assets, net 156,490 166,729
Other intangible assets, net 76,336 64,468
Other assets (see Note 17) 151,296 147,926
Total assets 5,019,167 4,710,120
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 892,439 754,308
Accrued compensation 440,337 448,183
Accounts payable, accrued expenses and other liabilities (see Note 26) 572,294 577,940
Payables to related parties 1,835 0
Total current liabilities 1,906,905 1,780,431
Long-term debt 671,746 670,673
Right-of-use liabilities 437,205 489,832
Other long-term liabilities (see Note 26) 251,507 231,115
Total liabilities 3,267,363 3,172,051
Commitments and contingencies (see Note 28)
Redeemable partnership interests 12,049 13,900
Equity:    
Additional paid-in capital 998,903 753,001
Retained earnings 1,311,748 1,207,285
Treasury stock at cost: 86,125,782 and 74,983,414 shares of Class A common stock at December 31, 2025 and December 31, 2024, respectively (854,565) (745,931)
Accumulated other comprehensive loss 2,808 (11,287)
Total stockholders’ equity 1,461,574 1,205,525
Noncontrolling interests 278,181 318,644
Total equity 1,739,755 1,524,169
Total liabilities, redeemable partnership interests, and equity 5,019,167 4,710,120
Nonrelated Party    
Current assets:    
Receivables, net 628,405 604,601
Related Party    
Current assets:    
Receivables, net 0 326
Loans, forgivable loans and other receivables from employees and partners, net 862,200 769,400
Current liabilities:    
Payables to related parties 1,800 0
Class A Common Stock    
Equity:    
Common stock value 2,468 2,245
Class B Common Stock    
Equity:    
Common stock value $ 212 $ 212