v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents (includes restricted cash of $3,885 and $368 at June 30, 2023 and December 31, 2022, respectively) $ 792,329 $ 993,564
Accounts receivable (net of allowances of $2,934 and $2,652 at June 30, 2023 and December 31, 2022, respectively) 612,885 663,236
Prepaid income taxes 69,737 36,654
Prepaid and other assets 49,234 54,520
Total current assets 1,524,185 1,747,974
Property, equipment and leasehold improvements, net 60,966 53,853
Right of use assets 122,415 126,584
Goodwill 2,232,459 2,229,670
Total 546,425 558,517
Equity method investment 210,496 214,389
Deferred tax assets 28,429 29,207
Other non-current assets 37,453 37,341
Total assets 4,762,828 4,997,535
Current liabilities:    
Accounts payable 7,277 15,039
Income taxes payable 12,057 8,058
Accrued compensation and related benefits 119,451 182,370
Current portion of long-term debt 8,717 8,713
Other accrued liabilities 161,000 153,461
Deferred revenue 909,623 882,886
Total current liabilities 1,218,125 1,250,527
Long-term debt 4,501,119 4,503,233
Long-term operating lease liabilities 127,225 131,575
Deferred tax liabilities 17,661 29,098
Other non-current liabilities 92,366 91,027
Total liabilities 5,956,496 6,005,460
Commitments and Contingencies (see Note 7)
Shareholders’ equity (deficit):    
Preferred stock (par value $0.01; 100,000,000 shares authorized; no shares issued) 0 0
Common stock (par value $0.01; 750,000,000 common shares authorized; 133,812,966 and 133,623,005 common shares issued and 79,126,903 and 79,959,989 common shares outstanding at June 30, 2023 and December 31, 2022, respectively) 1,338 1,336
Treasury shares, at cost (54,686,063 and 53,663,016 common shares held at June 30, 2023 and December 31, 2022, respectively) (6,428,102) (5,938,116)
Additional paid in capital 1,553,365 1,515,874
Retained earnings 3,736,376 3,473,192
Accumulated other comprehensive loss (56,645) (60,211)
Total shareholders’ equity (deficit) (1,193,668) (1,007,925)
Total liabilities and shareholders’ equity (deficit) $ 4,762,828 $ 4,997,535