XML 73 R59.htm IDEA: XBRL DOCUMENT
v3.23.2

Other assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Other Assets Abstract |
Other Assets by Major Categories | (In thousands) June 30, 2023 December 31, 2022 Net deferred tax assets (net of valuation allowance) $ 904,601 $ 953,676 Investments under the equity method 227,358 210,001 Prepaid taxes 55,000 39,405 Other prepaid expenses 38,928 33,384 Capitalized software costs 78,766 81,862 Derivative assets 24,221 19,229 Trades receivable from brokers and counterparties 6,412 35,099 Receivables from investments maturities - 125,000 Principal, interest and escrow servicing advances 52,848 41,916 Guaranteed mortgage loan claims receivable 58,784 59,659 Operating ROU assets (Note 28) 120,117 125,573 Finance ROU assets (Note 28) 18,989 18,884 Others 117,638 104,125 Total other assets $ 1,703,662 $ 1,847,813
Composition of acquired or developed software costs | The following table summarizes the composition of acquired or developed software costs as well as costs related to hosting arrangements: Gross Carrying Accumulated Net Carrying (In thousands) Amount Amortization Value June 30, 2023 Software development costs $ 67,200 $ 21,826 $ 45,374 Software license costs 39,553 17,607 21,946 Cloud computing arrangements 21,039 9,593 11,446 Total Capitalized software costs [1] [2] $ 127,792 $ 49,026 $ 78,766 December 31, 2022 Software development costs $ 63,609 $ 16,803 $ 46,806 Software license costs 37,165 14,164 23,001 Cloud computing arrangements 20,745 8,690 12,055 Total Capitalized software costs [1] [2] $ 121,519 $ 39,657 $ 81,862 [1] Software intangible assets are presented as part of Other Assets in the Consolidated Statements of Financial Condition. [2] The tables above excludes assets which have been fully amortized.
Amortization expense for all capitalized software and hosting arrangement cost | Total amortization expense for all capitalized software and hosting arrangement cost, reflected as part of technology and software expenses in the consolidated statement of operations, is as follows: Quarters ended June 30, Six months ended June 30, (In thousands) 2023 2022 2023 2022 Software development and license costs $ 16,151 $ 13,013 $ 31,142 $ 24,768 Cloud computing arrangements 778 1,069 1,762 2,027 Total amortization expense $ 16,929 $ 14,082 $ 32,904 $ 26,795

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OtherAssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration