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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 746,870 $ 841,446
Restricted cash 3,101 3,101
Receivables from investment products 51,612 54,165
Receivables, net of allowance for doubtful accounts of $1,281 and $1,201 358,130 340,358
Securities owned 31,420 33,486
Other current assets 42,017 32,289
Total Current Assets 1,233,150 1,304,845
Property and Equipment, net of accumulated depreciation of $360,148 and $353,453 173,255 160,859
Operating Lease Right-of-Use Assets 41,383 42,789
Capitalized Software, net of accumulated amortization of $454,776 and $442,677 290,427 296,068
Available for Sale and Equity Securities 110,558 116,917
Investments in Affiliated Funds, at fair value 3,753 5,988
Investment in Unconsolidated Affiliate 45,285 67,413
Goodwill 64,489 64,489
Intangible Assets, net of accumulated amortization of $9,694 and $8,773 27,066 27,987
Deferred Contract Costs 32,760 30,991
Deferred Income Taxes 2,603 2,822
Other Assets, net 33,302 30,202
Total Assets 2,058,031 2,151,370
Current Liabilities:    
Accounts payable 13,086 4,423
Accrued liabilities 179,772 272,801
Current portion of long-term operating lease liabilities 8,715 9,156
Deferred revenue 5,978 7,185
Total Current Liabilities 207,551 293,565
Long-term Income Taxes Payable 803 803
Deferred Income Taxes 53,991 55,722
Long-term Operating Lease Liabilities 37,008 38,450
Other Long-term Liabilities 24,412 24,052
Total Liabilities 323,765 412,592
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000 shares authorized; 147,903 and 149,745 shares issued and outstanding 1,479 1,497
Capital in excess of par value 1,170,649 1,158,900
Retained earnings 597,486 601,885
Accumulated other comprehensive loss, net (35,348) (23,504)
Total Shareholders' Equity 1,734,266 1,738,778
Total Liabilities and Shareholders' Equity $ 2,058,031 $ 2,151,370