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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 792,822 $ 840,193
Receivables from investment products 50,563 54,118
Receivables, net of allowance for doubtful accounts of $2,228 and $1,435 670,116 567,634
Securities owned 31,242 29,583
Other current assets 66,975 60,282
Total Current Assets 1,611,718 1,551,810
Property and Equipment, net of accumulated depreciation of $461,304 and $493,219 156,065 159,643
Operating Lease Right-of-Use Assets 24,065 28,905
Capitalized Software, net of accumulated amortization of $661,413 and $641,071 235,559 236,023
Investments 293,865 315,567
Goodwill 168,430 170,287
Intangible Assets, net of accumulated amortization of $44,506 and $55,835 61,387 77,370
Deferred Contract Costs 49,113 45,855
Deferred Income Taxes 17,490 51,984
Other Assets, net 56,761 47,162
Current Liabilities:    
Accounts payable 7,871 13,081
Accrued liabilities 254,162 347,513
Current portion of long-term operating lease liabilities 7,083 7,900
Deferred revenue 12,307 12,019
Total Current Liabilities 281,423 380,513
Long-term Income Taxes Payable 0 803
Long-term Operating Lease Liabilities 19,234 24,235
Other Long-term Liabilities 24,552 26,943
Commitments and Contingencies
Redeemable Non-controlling Interests 18,852 0
Shareholders' Equity:    
Common stock, $0.01 par value, 750,000,000 shares authorized; 122,632,620 and 126,839,734 shares issued and outstanding 1,226 1,268
Capital in excess of par value 1,648,817 1,539,816
Retained earnings 774,892 758,003
Accumulated other comprehensive loss, net (24,378) (46,975)
Total Shareholders' Equity 2,400,557 2,252,112
Total Liabilities, Redeemable Non-controlling Interests and Shareholders' Equity 2,845,110 2,684,606
Consolidated VIEs    
Current Assets:    
Cash and cash equivalents 857,433 840,193
Assets of Consolidated Variable Interest Entities 170,657 0
Total Assets 170,657 0
Current Liabilities:    
Liabilities of Consolidated Variable Interest Entities 100,492 0
Total Liabilities 100,492 0
Consolidated Entity, Excluding Consolidated VIE    
Current Assets:    
Assets of Consolidated Variable Interest Entities 2,845,110 2,684,606
Total Assets 2,845,110 2,684,606
Current Liabilities:    
Liabilities of Consolidated Variable Interest Entities 425,701 432,494
Total Liabilities $ 425,701 $ 432,494