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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Cash and cash equivalents $ 251,753 $ 82,687
Accounts receivable, net 37,841 35,879
Furniture, equipment and leasehold improvements, net 7,264 7,728
Intangible assets, net 38,194 38,427
Goodwill 6,788 6,788
Deferred taxes, net 45,716 47,535
Total assets 1,013,423 824,388
Liabilities:    
Accrued compensation and benefits 16,519 47,885
Accounts payable and accrued liabilities 30,364 25,176
Dividends payable 5,991 3,479
Other liabilities 13,702 13,505
Total liabilities 416,059 465,449
Commitments and Contingencies
Redeemable noncontrolling interests 44,976 37,266
Equity attributable to stockholders:    
Series D mandatory convertible preferred stock, $0.01 par value, 1,150,000 shares authorized; 1,150,000 and 0 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively. 110,837 0
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 10,219,189 shares issued and 6,989,144 shares outstanding at March 31, 2017 and 9,119,058 shares issued and 5,889,013 shares outstanding at December 31, 2016 102 91
Additional paid-in capital 1,196,031 1,090,331
Accumulated deficit (410,200) (424,279)
Accumulated other comprehensive loss (136) (224)
Treasury stock, at cost, 3,230,045 and 3,230,045 shares at March 31, 2017 and December 31, 2016, respectively (344,246) (344,246)
Total equity attributable to stockholders 552,388 321,673
Total liabilities and equity 1,013,423 824,388
Parent    
Assets:    
Cash and cash equivalents 235,930 64,588
Investments 86,066 89,371
Other assets 25,908 16,789
Liabilities:    
Debt 0 30,000
Consolidated Sponsored Investment Products    
Assets:    
Cash 1,866 3,650
Cash pledged or on deposit 1,107 984
Investments 112,930 142,075
Other assets 39,702 3,270
Liabilities:    
Total liabilities 2,834 4,109
Consolidated Investment Product    
Assets:    
Cash equivalents 13,957 14,449
Investments 354,002 346,967
Other assets 6,152 5,888
Liabilities:    
Notes payable of consolidated investment product 325,843 328,761
Securities purchased payable and other liabilities of consolidated investment product $ 20,806 $ 12,534