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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 901,134 $ 834,697
Restricted cash 302 301
Receivables from investment products 54,585 55,886
Receivables, net of allowance for doubtful accounts of $1,833 and $663 609,794 501,434
Securities owned 30,289 31,334
Other current assets 61,433 54,464
Total Current Assets 1,657,537 1,478,116
Property and Equipment, net of accumulated depreciation of $489,143 and $474,034 164,927 171,364
Operating Lease Right-of-Use Assets 29,567 22,477
Capitalized Software, net of accumulated amortization of $633,932 and $612,971 237,236 239,783
Available for Sale and Equity Securities 175,722 155,413
Investments in Affiliated Funds, at fair value 8,410 7,316
Investment in Unconsolidated Affiliate 49,675 110,781
Goodwill 138,085 137,333
Intangible Assets, net of accumulated amortization of $52,964 and $42,520 74,041 82,443
Deferred Contract Costs 42,527 40,221
Deferred Income Taxes 58,373 37,709
Other Assets, net 48,329 37,047
Total Assets 2,684,429 2,520,003
Current Liabilities:    
Accounts payable 8,250 10,618
Accrued liabilities 258,167 318,945
Current portion of long-term operating lease liabilities 7,926 8,118
Deferred revenue 11,330 15,366
Total Current Liabilities 285,673 353,047
Long-term Income Taxes Payable 803 803
Long-term Operating Lease Liabilities 24,647 17,235
Other Long-term Liabilities 18,896 17,090
Total Liabilities 330,019 388,175
Commitments and Contingencies
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000,000 shares authorized; 128,755,430 and 131,177,513 shares issued and outstanding 1,288 1,312
Capital in excess of par value 1,477,880 1,404,962
Retained earnings 901,908 762,586
Accumulated other comprehensive loss, net (26,666) (37,032)
Total Shareholders' Equity 2,354,410 2,131,828
Total Liabilities and Shareholders' Equity $ 2,684,429 $ 2,520,003