XML 50 R40.htm IDEA: XBRL DOCUMENT v3.23.3
Summary of Significant Accounting Policies (Net Cash Provided by Operating Activities) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Accounting Policies [Abstract]        
Net income $ 115,661 $ 61,659 $ 341,527 $ 363,243
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 9,197 8,558 26,509 24,942
Amortization 9,797 10,382 28,851 43,777
Equity in earnings of unconsolidated affiliate (29,927) (26,654) (91,517) (88,926)
Distributions received from unconsolidated affiliate     100,252 103,504
Stock-based compensation 7,979 10,766 23,458 31,339
Provision for losses on receivables     283 734
Deferred income tax expense     (20,971) (41,419)
Net (gain) loss from investments $ 206 $ 1,406 (1,053) 4,515
Change in other long-term liabilities     3,105 3,014
Change in other assets     1,099 (4,820)
Contract costs capitalized, net of amortization     (590) (1,554)
Other     2,122 (6,934)
Change in current assets and liabilities (Increase) decrease in        
Receivables from investment products     6,327 (32,187)
Receivables     (62,053) (41,697)
Other current assets     (8,654) (11,422)
Advances due from unconsolidated affiliate     51,293 54,328
(Decrease) increase in        
Accounts payable     (3,085) (2,103)
Accrued liabilities     (48,128) 27,092
Deferred revenue     (2,793) 3,093
Total adjustments     4,455 65,276
Net cash provided by operating activities     $ 345,982 $ 428,519