XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 35,424 $ 79,550
Deposits with clearing organizations 83,343 48,415
Receivable from brokers, dealers and clearing organizations 203,494 163,293
Receivable from customers, net of allowance for credit losses of $410 ($451 in 2019) 1,110,835 796,934
Income tax receivable 0 5,170
Securities owned, including amounts pledged of $440,531 ($357,120 in 2019), at fair value 610,517 799,719
Notes receivable, net 46,161 43,670
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $90,958 ($94,773 in 2019) 27,762 31,377
Operating Lease, Right-of-Use Asset 153,502 160,297
Intangible assets 32,100 32,100
Goodwill 137,889 137,889
Other assets 272,876 166,341
Total assets 2,713,903 2,464,755
Liabilities    
Bank call loans 82,000 0
Payable to brokers, dealers and clearing organizations 259,911 520,975
Payable to customers 502,807 334,735
Securities sold under agreements to repurchase 342,438 287,265
Securities sold but not yet purchased, at fair value 126,171 100,571
Accrued compensation 298,263 207,358
Accounts payable and other liabilities 44,791 44,725
Accrued Income Taxes 9,726 0
Operating Lease, Liability 193,373  
Operating Lease, Liability, Noncurrent   203,140
Senior secured notes, net of debt issuance costs of $1,154 ($485 in 2019) 123,846 149,515
Deferred tax liabilities, net of deferred tax assets of $44,104 ($43,630 in 2019) 44,909 23,749
Total liabilities 2,028,235 1,872,033
Commitments and contingencies (note 17)
Share capital    
Common stock 39,333 46,557
Contributed capital 41,481 47,406
Retained earnings 601,406 496,998
Accumulated other comprehensive income 3,448 1,761
Total stockholders' equity 685,668 592,722
Total liabilities and stockholders' equity 2,713,903 2,464,755
Class A Stock    
Share capital    
Common stock 39,200 46,424
Class B Stock    
Share capital    
Common stock $ 133 $ 133