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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME (LOSS) $ (128,801) $ 335,418
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of property 32,177 31,895
Noncash lease expense 47,641 46,046
Currency translation adjustment reclassification 2,157 265
Amortization of deferred expenses and share-based incentive compensation 353,698 333,100
Amortization and other acquisition-related costs 239 45
Deferred tax provision (benefit) (100,744) 55,725
Benefit pursuant to tax receivable agreement (40,435) 0
Impairment of equity method investments and other receivables 22,981 0
Impairment of assets associated with cost-saving initiatives 8,561 0
Loss on LGAC liquidation 17,929 0
(Increase) decrease in operating assets and increase (decrease) in operating liabilities:    
Receivables-net 18,470 43,233
Investments (100,714) 236,275
Other assets (25,157) (72,312)
Accrued compensation and benefits and other liabilities (284,936) (490,029)
Net cash provided by (used in) operating activities (176,934) 519,661
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property (19,505) (24,986)
Disposals of property 352 272
Acquisition of business, net of cash acquired (10,516) 0
Other investing activities 0 (7,500)
Net cash used in investing activities (29,669) (32,214)
Proceeds from:    
Customer deposits, net 0 281,360
Contributions from noncontrolling interests 1,248 388
Payments for:    
Customer deposits, net (466,658) 0
Distributions to noncontrolling interests (5,068) (27,062)
Tax receivable agreement (32,208) (21,035)
Distribution to redeemable noncontrolling interests in connection with LGAC redemption (585,891) 0
Purchase of Class A common stock (102,051) (612,175)
Class A common stock dividends (129,367) (138,914)
Settlement of share-based incentive compensation in satisfaction of tax withholding requirements (53,924) (61,257)
LFI Consolidated Funds redemptions (36,816) (11,296)
Other financing activities (10,186) (10,841)
Net cash used in financing activities (1,420,921) (600,832)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (5,101) (353,914)
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (1,632,625) (467,299)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH— January 1 2,639,400 3,430,014
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—September 30 $ 1,006,775 $ 2,962,715