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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 854,443 $ 853,008
Restricted cash 301 351
Receivables from investment products 55,687 62,014
Receivables, net of allowance for doubtful accounts of $1,184 and $901 518,854 457,084
Securities owned 32,748 32,148
Other current assets 57,357 48,703
Total Current Assets 1,519,390 1,453,308
Property and Equipment, net of accumulated depreciation of $465,297 and $440,861 177,521 181,029
Operating Lease Right-of-Use Assets 20,686 24,992
Capitalized Software, net of accumulated amortization of $606,214 and $586,744 244,416 237,302
Available for Sale and Equity Securities 119,562 128,201
Investments in Affiliated Funds, at fair value 6,838 6,366
Investment in Unconsolidated Affiliate 44,645 104,673
Goodwill 115,597 115,599
Intangible Assets, net of accumulated amortization of $39,432 and $30,261 46,413 55,532
Deferred Contract Costs 38,518 37,928
Deferred Income Taxes 26,449 4,936
Other Assets, net 37,201 33,687
Total Assets 2,397,236 2,383,553
Current Liabilities:    
Accounts payable 10,198 13,283
Accrued liabilities 249,872 359,363
Current portion of long-term operating lease liabilities 9,882 10,344
Deferred revenue 12,100 14,893
Total Current Liabilities 282,052 397,883
Long-term Income Taxes Payable 803 803
Long-term Operating Lease Liabilities 15,138 18,786
Other Long-term Liabilities 15,362 12,257
Total Liabilities 313,355 429,729
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000 shares authorized; 131,571 and 134,162 shares issued and outstanding 1,316 1,342
Capital in excess of par value 1,369,465 1,307,162
Retained earnings 763,635 694,287
Accumulated other comprehensive loss, net (50,535) (48,967)
Total Shareholders' Equity 2,083,881 1,953,824
Total Liabilities and Shareholders' Equity $ 2,397,236 $ 2,383,553