CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets:
Cash and cash equivalents	$ 151,815	$ 231,997
Cash and cash equivalents - restricted	74,325	59,558
Investment securities	688,346	617,135
Receivables:
Funds and separate accounts	15,167	18,112
Customers and other	80,089	151,515
Prepaid expenses and other current assets	31,655	27,164
Total current assets	1,041,397	1,105,481
Property and equipment, net	34,726	63,429
Goodwill and identifiable intangible assets	145,869	145,869
Deferred income taxes	14,418	12,321
Other non-current assets	29,918	16,979
Total assets	1,266,328	1,344,079
Liabilities:
Accounts payable	20,123	26,253
Payable to investment companies for securities	36,883	100,085
Payable to third party brokers	17,123	19,891
Payable to customers	84,558	86,184
Accrued compensation	79,507	54,129
Other current liabilities	71,001	51,580
Total current liabilities	309,195	338,122
Long-term debt	94,926	94,854
Accrued pension and postretirement costs	3,145	798
Other non-current liabilities	30,960	15,392
Total liabilities	438,226	449,166
Redeemable noncontrolling interests	19,205	11,463
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; 68,847 shares outstanding (76,790 at December 31, 2018)	997	997
Additional paid-in capital	312,693	311,264
Retained earnings	1,241,598	1,198,445
Cost of 30,854 common shares in treasury (22,911 at December 31, 2018)	(749,625)	(627,587)
Accumulated other comprehensive income	3,234	331
Total stockholders' equity	808,897	883,450
Total liabilities, redeemable noncontrolling interests and stockholders' equity	$ 1,266,328	$ 1,344,079