XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 777,051 $ 853,008
Restricted cash 300 351
Receivables from investment products 56,304 62,014
Receivables, net of allowance for doubtful accounts of $936 and $901 521,600 457,084
Securities owned 31,040 32,148
Other current assets 55,610 48,703
Total Current Assets 1,441,905 1,453,308
Property and Equipment, net of accumulated depreciation of $458,119 and $440,861 180,503 181,029
Operating Lease Right-of-Use Assets 22,293 24,992
Capitalized Software, net of accumulated amortization of $599,557 and $586,744 242,525 237,302
Available for Sale and Equity Securities 116,791 128,201
Investments in Affiliated Funds, at fair value 6,772 6,366
Investment in Unconsolidated Affiliate 54,318 104,673
Goodwill 115,602 115,599
Intangible Assets, net of accumulated amortization of $36,450 and $30,261 49,621 55,532
Deferred Contract Costs 38,561 37,928
Deferred Income Taxes 17,464 4,936
Other Assets, net 38,609 33,687
Total Assets 2,324,964 2,383,553
Current Liabilities:    
Accounts payable 7,220 13,283
Accrued liabilities 237,164 359,363
Current portion of long-term operating lease liabilities 11,076 10,344
Deferred revenue 14,913 14,893
Total Current Liabilities 270,373 397,883
Long-term Income Taxes Payable 803 803
Long-term Operating Lease Liabilities 16,032 18,786
Other Long-term Liabilities 14,203 12,257
Total Liabilities 301,411 429,729
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000 shares authorized; 132,230 and 134,162 shares issued and outstanding 1,322 1,342
Capital in excess of par value 1,337,538 1,307,162
Retained earnings 724,672 694,287
Accumulated other comprehensive loss, net (39,979) (48,967)
Total Shareholders' Equity 2,023,553 1,953,824
Total Liabilities and Shareholders' Equity $ 2,324,964 $ 2,383,553