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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 768,291 $ 834,697
Restricted cash 301 301
Receivables from investment products 47,963 55,886
Receivables, net of allowance for doubtful accounts of $1,545 and $663 589,708 501,434
Securities owned 30,338 31,334
Other current assets 61,472 54,464
Total Current Assets 1,498,073 1,478,116
Property and Equipment, net of accumulated depreciation of $484,087 and $474,034 167,563 171,364
Operating Lease Right-of-Use Assets 30,564 22,477
Capitalized Software, net of accumulated amortization of $626,864 and $612,971 238,559 239,783
Available for Sale and Equity Securities 176,949 155,413
Investments in Affiliated Funds, at fair value 7,737 7,316
Investment in Unconsolidated Affiliate 53,223 110,781
Goodwill 137,254 137,333
Intangible Assets, net of accumulated amortization of $49,289 and $42,520 75,409 82,443
Deferred Contract Costs 39,975 40,221
Deferred Income Taxes 52,847 37,709
Other Assets, net 50,912 37,047
Total Assets 2,529,065 2,520,003
Current Liabilities:    
Accounts payable 9,199 10,618
Accrued liabilities 208,122 318,945
Current portion of long-term operating lease liabilities 7,613 8,118
Deferred revenue 12,197 15,366
Total Current Liabilities 237,131 353,047
Long-term Income Taxes Payable 803 803
Long-term Operating Lease Liabilities 25,469 17,235
Other Long-term Liabilities 18,159 17,090
Total Liabilities 281,562 388,175
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000,000 shares authorized; 129,855,332 and 131,177,513 shares issued and outstanding 1,299 1,312
Capital in excess of par value 1,465,037 1,404,962
Retained earnings 823,549 762,586
Accumulated other comprehensive loss, net (42,382) (37,032)
Total Shareholders' Equity 2,247,503 2,131,828
Total Liabilities and Shareholders' Equity $ 2,529,065 $ 2,520,003