XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 51,237 $ 79,550
Deposits with clearing organizations 90,536 48,415
Receivable from brokers, dealers and clearing organizations 315,947 163,293
Receivable from customers, net of allowance for credit losses of $493 ($451 in 2019) 860,140 796,934
Income tax receivable 1,789 5,170
Securities owned, including amounts pledged of $357,323 ($357,120 in 2019), at fair value 502,029 799,719
Notes receivable, net of accumulated amortization and allowance for uncollectibles of $34,022 and $3,903 respectively ($38,355 and $3,673, respectively, in 2019) 44,114 43,670
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $98,885 ($94,773 in 2019) 30,418 31,377
Operating Lease, Right-of-Use Asset 160,358 160,297
Intangible assets 32,100 32,100
Goodwill 137,889 137,889
Other assets 137,760 166,341
Total assets 2,364,317 2,464,755
Liabilities    
Drafts payable 37,374 0
Bank call loans 13,000 0
Payable to brokers, dealers and clearing organizations 216,111 520,975
Payable to customers 416,914 334,735
Securities sold under agreements to repurchase 154,155 287,265
Securities sold but not yet purchased, at fair value 356,589 100,571
Accrued compensation 146,988 207,358
Accounts payable and other liabilities 43,219 44,725
Present value of lease liabilities 202,028 203,140
Senior secured notes, net of debt issuance costs of $384 ($485 in 2019) 148,190 149,515
Deferred tax liabilities, net of deferred tax assets of $38,404 ($43,630 in 2019) 28,612 23,749
Total liabilities 1,763,180 1,872,033
Commitments and contingencies (note 13)
Share capital    
Common stock 40,917 46,557
Contributed capital 39,140 47,406
Retained earnings 519,376 496,998
Accumulated other comprehensive income 1,704 1,761
Stockholders' Equity Attributable to Parent 601,137 592,722
Total liabilities and stockholders' equity 2,364,317 2,464,755
Class A Stock    
Share capital    
Common stock 40,784 46,424
Class B Stock    
Share capital    
Common stock $ 133 $ 133