XML 52 R41.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Goodwill And Intangible Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract] |
Carrying Amount Of Goodwill And Intangible Assets | The carrying amount of goodwill and intangible assets attributable to each of our reporting segments is presented in the following table (in thousands):
|  | December 31, 2017 |  |  | Adjustments |  |  | Write-off |  |  | June 30, 2018 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 276,477 |  |  | $ | 14,084 |  |  | $ | — |  |  | $ | 290,561 |
Institutional Group |  |  | 692,357 |  |  |  | 1,565 |  |  |  | — |  |  |  | 693,922 |
|  | $ | 968,834 |  |  | $ | 15,649 |  |  | $ | — |  |  | $ | 984,483 |
|  | December 31, 2017 |  |  | Net Additions |  |  | Amortization |  |  | June 30, 2018 |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 44,525 |  |  | $ | 10,800 |  |  | $ | (2,366 | ) |  | $ | 52,959 |
Institutional Group |  |  | 65,102 |  |  |  | 1,123 |  |  |  | (3,374 | ) |  |  | 62,851 |
|  | $ | 109,627 |  |  | $ | 11,923 |  |  | $ | (5,740 | ) |  | $ | 115,810 |
Intangible Assets Subject To Amortization | Intangible assets subject to amortization as of June 30, 2018 and December 31, 2017 were as follows (in thousands):
|  | June 30, 2018 |  |  | December 31, 2017 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Gross Carrying Value |  |  | Accumulated Amortization |
Customer relationships |  | $ | 146,875 |  |  | $ | 60,271 |  |  | $ | 146,986 |  |  | $ | 55,809 |
Trade name |  |  | 24,713 |  |  |  | 10,991 |  |  |  | 24,713 |  |  |  | 10,228 |
Non-compete agreements |  |  | 2,603 |  |  |  | 1,331 |  |  |  | 2,598 |  |  |  | 1,202 |
Investment banking backlog |  |  | 1,431 |  |  |  | 1,137 |  |  |  | 1,419 |  |  |  | 968 |
Estimated Ziegler intangibles (1) |  |  | 12,000 |  |  |  | 200 |  |  |  | — |  |  |  | — |
|  | $ | 187,622 |  |  | $ | 73,930 |  |  | $ | 175,716 |  |  | $ | 68,207 |
(1) See discussion regarding the allocation of the estimated goodwill and intangibles recorded for the Ziegler acquisition.
Amortization Expense In Future Periods | As of June 30, 2018, we expect amortization expense in future periods to be as follows (in thousands):
Fiscal year |  |  |  |
Remainder of 2018 |  | $ | 6,221 |
2019 |  |  | 11,697 |
2020 |  |  | 11,481 |
2021 |  |  | 10,982 |
2022 |  |  | 10,249 |
Thereafter |  |  | 63,062 |
|  | $ | 113,692 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration