XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 176,387 $ 164,894
Restricted cash 101,812 93,812
Loans held for sale, at fair value 818,993 528,944
Receivables, net 552,660 622,508
Other current assets (see Note 17) 110,384 95,946
Total current assets 1,760,236 1,506,104
Goodwill 773,855 776,547
Mortgage servicing rights, net 514,203 531,203
Loans, forgivable loans and other receivables from employees and partners, net 787,735 651,197
Right-of-use assets 531,442 596,362
Fixed assets, net 173,721 178,035
Other intangible assets, net 74,239 83,626
Other assets (see Note 17) 143,478 148,501
Total assets 4,758,909 4,471,575
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 792,861 498,631
Accrued compensation 314,955 400,765
Accounts payable, accrued expenses and other liabilities (see Note 26) 581,283 583,564
Payables to related parties 6,732 6,644
Total current liabilities 1,695,831 1,489,604
Long-term debt 745,161 547,260
Right-of-use liabilities 528,424 598,044
Other long-term liabilities (see Note 26) 253,065 241,741
Total liabilities 3,222,481 2,876,649
Commitments and contingencies (see Note 28)
Redeemable partnership interests 13,465 16,244
Equity:    
Additional paid-in capital 703,299 657,736
Retained earnings 1,154,280 1,166,675
Treasury stock at cost: 66,141,393 and 56,591,397 shares of Class A common stock at June 30, 2024 and December 31, 2023, respectively (648,820) (569,235)
Accumulated other comprehensive loss (8,607) (4,555)
Total stockholders’ equity 1,202,529 1,252,928
Noncontrolling interests 320,434 325,754
Total equity 1,522,963 1,578,682
Total liabilities, redeemable partnership interests, and equity 4,758,909 4,471,575
Class A Common Stock    
Equity:    
Common stock value 2,165 2,095
Class B Common Stock    
Equity:    
Common stock value $ 212 $ 212