Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 211,992	$ 165,284
Accounts receivable	25,514	18,176
Deferred tax asset, net	10,297	3,872
Other current assets	2,958	1,708
Total current assets	250,761	189,040
Fixed assets, net	11,279	10,356
Investments	23,651	13,990
Deferred tax asset, net	4,326	5,618
Goodwill	1,676	1,676
Other noncurrent assets	723	71
Total assets	292,416	220,751
Current liabilities:
Fund management and administration payable	11,245	9,983
Compensation and benefits payable	21,875	14,333
Accounts payable and other liabilities	6,420	5,115
Total current liabilities	39,540	29,431
Other noncurrent liabilities:
Acquisition payable	2,449	1,757
Deferred rent payable	5,213	5,278
Total liabilities	$ 47,202	$ 36,466
Stockholders' equity:
Preferred stock, par value $0.01; 2,000 shares authorized
Common stock, par value $0.01; 250,000 shares authorized; issued: 138,398 and 134,959; outstanding: 136,727 and 133,445	$ 1,384	$ 1,350
Additional paid-in capital	243,410	209,216
Accumulated other comprehensive loss	(7)	(53)
Retained earnings/(accumulated deficit)	427	(26,228)
Total stockholders' equity	245,214	184,285
Total liabilities and stockholders' equity	$ 292,416	$ 220,751

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, and other costs not separately disclosed in the balance sheet that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered.

No definition available.