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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 846,628 $ 834,697
Restricted cash 301 301
Receivables from investment products 55,606 55,886
Receivables, net of allowance for doubtful accounts of $1,165 and $663 561,395 501,434
Securities owned 31,958 31,334
Other current assets 59,136 54,464
Total Current Assets 1,555,024 1,478,116
Property and Equipment, net of accumulated depreciation of $475,832 and $474,034 168,204 171,364
Operating Lease Right-of-Use Assets 20,687 22,477
Capitalized Software, net of accumulated amortization of $619,875 and $612,971 239,156 239,783
Available for Sale and Equity Securities 164,027 155,413
Investments in Affiliated Funds, at fair value 8,149 7,316
Investment in Unconsolidated Affiliate 57,291 110,781
Goodwill 137,204 137,333
Intangible Assets, net of accumulated amortization of $45,923 and $42,520 78,739 82,443
Deferred Contract Costs 40,000 40,221
Deferred Income Taxes 45,257 37,709
Other Assets, net 54,699 37,047
Total Assets 2,568,437 2,520,003
Current Liabilities:    
Accounts payable 10,290 10,618
Accrued liabilities 242,856 318,945
Current portion of long-term operating lease liabilities 7,562 8,118
Deferred revenue 15,274 15,366
Total Current Liabilities 275,982 353,047
Long-term Income Taxes Payable 803 803
Long-term Operating Lease Liabilities 15,599 17,235
Other Long-term Liabilities 16,999 17,090
Total Liabilities 309,383 388,175
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000,000 shares authorized; 131,329,261 and 131,177,513 shares issued and outstanding 1,313 1,312
Capital in excess of par value 1,455,162 1,404,962
Retained earnings 843,870 762,586
Accumulated other comprehensive loss, net (41,291) (37,032)
Total Shareholders' Equity 2,259,054 2,131,828
Total Liabilities and Shareholders' Equity $ 2,568,437 $ 2,520,003