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v3.4.0.3

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2016 | Dec. 31, 2015
--- | --- | ---
Assets: |  |
Cash and cash equivalents | $ 59,251 | $ 97,384
Investments | 95,894 | 56,738
Accounts receivable, net | 37,939 | 38,757
Furniture, equipment and leasehold improvements, net | 8,692 | 9,116
Intangible assets, net | 40,236 | 40,887
Goodwill | 6,703 | 6,701
Deferred taxes, net | 49,085 | 54,143
Total assets | 781,304 | 859,729
Liabilities: |  |
Accrued compensation and benefits | 15,035 | 49,617
Accounts payable and accrued liabilities | 20,563 | 23,036
Dividends payable | 4,173 | 4,233
Other liabilities | 13,493 | 13,051
Total liabilities | $ 235,493 | $ 276,408
Commitments and Contingencies (Note 11) |  |
Redeemable noncontrolling interests | $ 40,425 | $ 73,864
Equity attributable to stockholders: |  |
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 9,650,179 shares issued and 8,259,831 shares outstanding at March 31, 2016 and 9,613,088 shares issued and 8,398,944 shares outstanding at December 31, 2015 | 97 | 96
Additional paid-in capital | 1,139,181 | 1,140,875
Accumulated deficit | (460,251) | (472,614)
Accumulated other comprehensive loss | (775) | (1,034)
Treasury stock, at cost, 1,390,348 and 1,214,144 shares at March 31, 2016 and December 31, 2015, respectively | (172,699) | (157,699)
Total equity attributable to stockholders | 505,553 | 509,624
Noncontrolling interests | (167) | (167)
Total equity | 505,386 | 509,457
Total liabilities and equity | 781,304 | 859,729
Balance Before Consolidation of Investment Products [Member] |  |
Assets: |  |
Cash and cash equivalents | 50,402 | 87,574
Investments | 95,894 | 56,738
Other assets | 17,058 | 12,814
Consolidated Sponsored Investment Products [Member] |  |
Assets: |  |
Cash | 1,409 | 1,513
Cash pledged or on deposit | 7,639 | 10,353
Investments |  | 323,335
Other assets | 63,929 | 8,549
Liabilities: |  |
Total liabilities | 20,211 | 15,387
Consolidated Investment Product [Member] |  |
Assets: |  |
Total cash equivalents | 7,440 | 8,297
Investments | 193,663 | 199,485
Other assets | 1,585 | 1,467
Liabilities: |  |
Debt of consolidated investment product | 155,464 | 152,597
Securities purchased payable and other liabilities of consolidated investment product | $ 6,554 | $ 18,487

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- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. This element is for unclassified presentations; for classified presentations there is a separate and distinct element. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E + Details
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- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4590271-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568740-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568447-111683 + Details
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- Definition Carrying amount, attributable to parent and noncontrolling interests, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.27(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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