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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets:    
Cash and cash equivalents $ 231,997 $ 207,829
Cash and cash equivalents - restricted 59,558 28,156
Investment securities 617,135 700,492
Receivables:    
Funds and separate accounts 18,112 25,664
Customers and other 151,515 131,108
Prepaid expenses and other current assets 27,164 25,593
Total current assets 1,105,481 1,118,842
Property and equipment, net 63,429 87,667
Goodwill and identifiable intangible assets 145,869 147,069
Deferred income taxes 12,321 13,308
Other non-current assets 16,979 17,476
Total assets 1,344,079 1,384,362
Liabilities:    
Accounts payable 26,253 38,998
Payable to investment companies for securities 100,085 43,422
Payable to third party brokers 19,891 25,153
Payable to customers 86,184 66,830
Short-term notes payable   94,996
Accrued compensation 54,129 47,643
Other current liabilities 51,580 44,797
Total current liabilities 338,122 361,839
Long-term debt 94,854 94,783
Accrued pension and postretirement costs 798 15,137
Other non-current liabilities 15,392 25,210
Total liabilities 449,166 496,969
Redeemable noncontrolling interests 11,463 14,509
Stockholders’ equity:    
Preferred stock—$1.00 par value: 5,000 shares authorized; none issued
Class A Common stock—$0.01 par value: 250,000 shares authorized; 99,701 shares issued; 76,790 shares outstanding (82,687 at December 31, 2017) 997 997
Additional paid-in capital 311,264 301,410
Retained earnings 1,198,445 1,092,394
Cost of 22,911 common shares in treasury (17,014 at December 31, 2017) (627,587) (522,441)
Accumulated other comprehensive income 331 524
Total stockholders’ equity 883,450 872,884
Total liabilities, redeemable noncontrolling interests and stockholders’ equity $ 1,344,079 $ 1,384,362