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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 71,307 $ 90,675
Deposits with clearing organizations 65,491 67,678
Receivable from brokers, dealers and clearing organizations 167,931 166,493
Receivable from customers, net of allowance for credit losses of $920 ($886 in 2018) 807,581 720,777
Income tax receivable 0 1,014
Securities purchased under agreements to resell 39 290
Securities owned, including amounts pledged of $547,326 ($517,951 in 2018), at fair value 995,370 837,584
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $32,369 and $6,827 respectively ($25,109 and $6,800, respectively, in 2018) 43,413 44,058
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $90,633 ($89,182 in 2018) 32,327 28,988
Operating Lease, Right-of-Use Asset 166,612 0
Intangible assets 32,100 32,100
Goodwill 137,889 137,889
Other assets 132,356 112,768
Total assets 2,652,416 2,240,314
Liabilities    
Drafts payable 17,456 16,348
Bank call loans 50,100 15,000
Payable to brokers, dealers and clearing organizations 418,719 289,207
Payable to customers 325,754 336,616
Securities sold under agreements to repurchase 521,837 484,218
Securities sold but not yet purchased, at fair value 155,979 85,446
Accrued compensation 130,879 167,348
Taxes Payable 849 0
Accounts payable and other liabilities 42,709 87,630
Present value of lease liabilities 210,255 0
Senior secured notes, net of debt issuance costs of $775 ($904 in 2018) 199,225 199,096
Deferred tax liabilities, net of deferred tax assets of $43,682 ($41,722 in 2018) 15,044 14,083
Total liabilities 2,088,806 1,694,992
Commitments and contingencies (note 12)
Share capital    
Common stock 48,202 53,392
Contributed capital 43,626 41,776
Retained earnings 470,693 449,989
Accumulated other comprehensive income 1,089 165
Stockholders' Equity Attributable to Parent 563,610 545,322
Total stockholders' equity 563,610  
Total liabilities and stockholders' equity 2,652,416 2,240,314
Class A Stock    
Share capital    
Common stock 48,069 53,259
Class B Stock    
Share capital    
Common stock $ 133 $ 133