XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 710,685 $ 839,891
Restricted cash 302 302
Receivables from investment products 49,460 54,118
Receivables, net of allowance for doubtful accounts of $1,790 and $1,435 601,338 567,634
Securities owned 31,174 29,583
Assets held for sale 22,765 0
Other current assets 62,663 60,282
Total Current Assets 1,478,387 1,551,810
Property and Equipment, net of accumulated depreciation of $494,941 and $493,219 159,264 159,643
Operating Lease Right-of-Use Assets 25,225 28,905
Capitalized Software, net of accumulated amortization of $648,268 and $641,071 235,696 236,023
Investments 278,084 315,567
Goodwill 167,899 170,287
Intangible Assets, net of accumulated amortization of $37,833 and $55,835 66,484 77,370
Deferred Contract Costs 47,751 45,855
Deferred Income Taxes 55,209 51,984
Other Assets, net 52,043 47,162
Total Assets 2,566,042 2,684,606
Current Liabilities:    
Accounts payable 11,168 13,081
Accrued liabilities 224,696 347,513
Current portion of long-term operating lease liabilities 7,359 7,900
Deferred revenue 13,824 12,019
Liabilities related to assets held for sale 4,383 0
Total Current Liabilities 261,430 380,513
Long-term Income Taxes Payable 803 803
Long-term Operating Lease Liabilities 20,971 24,235
Other Long-term Liabilities 24,986 26,943
Total Liabilities 308,190 432,494
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000,000 shares authorized; 124,783,725 and 126,839,734 shares issued and outstanding 1,247 1,268
Capital in excess of par value 1,558,125 1,539,816
Retained earnings 737,020 758,003
Accumulated other comprehensive loss, net (38,540) (46,975)
Total Shareholders' Equity 2,257,852 2,252,112
Total Liabilities and Shareholders' Equity $ 2,566,042 $ 2,684,606