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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 63,432 $ 45,267
Cash and cash equivalents of consolidated sponsored investment products 14   
Trading securities, at fair value 12,392 12,526
Available-for-sale securities, at fair value 2,656 2,469
Investments of consolidated sponsored investment products 43,227   
Accounts receivable, net 37,328 27,089
Deferred taxes, net 1,143 1,593
Prepaid expenses and other assets 3,951 3,651
Other current assets of consolidated sponsored investment products 683   
Total current assets 164,826 92,595
Furniture, equipment, and leasehold improvements, net 7,788 5,453
Intangible assets, net 48,711 52,096
Goodwill 5,260 4,795
Deferred taxes, net 95,780 122,099
Long-term investments ($2,970 and $2,826 at fair value, respectively) and other assets 10,384 9,341
Total assets 332,749 286,379
Current Liabilities    
Accrued compensation and benefits 41,252 31,171
Accounts payable 7,842 5,031
Other accrued liabilities 7,048 5,661
Other current liabilities of consolidated sponsored investment products 117   
Broker-dealer payable 6,152 4,794
Total current liabilities 62,411 46,657
Long-term debt 15,000 15,000
Lease obligations and other long-term liabilities 7,704 6,350
Total liabilities 85,115 68,007
Commitments and Contingencies (Note 10)      
Redeemable noncontrolling interests 3,163   
Series B redeemable convertible preferred stock (stated at liquidation value), $.01 par value, 45,000 shares authorized, 35,217 shares issued and outstanding, at December 31, 2011    35,217
Equity attributable to stockholders:    
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 8,071,674 shares issued and 7,826,674 shares outstanding at December 31, 2012 and 6,343,295 shares issued and 6,188,295 shares outstanding at December 31, 2011 81 63
Additional paid-in capital 942,825 909,983
Accumulated deficit (680,411) (718,083)
Accumulated other comprehensive loss (287) (14)
Treasury stock, at cost, 245,000 and 155,000 shares at December 31, 2012 and December 31, 2011, respectively (17,734) (8,794)
Total equity attributable to stockholders 244,474 183,155
Noncontrolling interest (3)   
Total equity 244,471 183,155
Total liabilities and stockholders' equity $ 332,749 $ 286,379