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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 160,316 $ 151,815
Cash and cash equivalents - restricted 53,423 74,325
Investment securities 605,780 688,346
Receivables:    
Funds and separate accounts 12,144 15,167
Customers and other 59,487 80,089
Prepaid expenses and other current assets 43,129 31,655
Total current assets 934,279 1,041,397
Property and equipment, net 33,017 34,726
Goodwill and identifiable intangible assets 145,869 145,869
Deferred income taxes 27,267 14,418
Other non-current assets 27,321 29,918
Total assets 1,167,753 1,266,328
Liabilities:    
Accounts payable 38,414 20,123
Payable to investment companies for securities 19,669 36,883
Payable to third party brokers 15,991 17,123
Payable to customers 72,009 84,558
Short-term notes payable 94,944  
Accrued compensation 41,738 79,507
Other current liabilities 70,982 71,001
Total current liabilities 353,747 309,195
Long-term debt   94,926
Accrued pension and postretirement costs 3,343 3,145
Other non-current liabilities 25,935 30,960
Total liabilities 383,025 438,226
Redeemable noncontrolling interests 19,070 19,205
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; 66,655 shares outstanding (68,847 at December 31, 2019) 997 997
Additional paid-in capital 282,401 312,693
Retained earnings 1,247,084 1,241,598
Cost of 33,046 common shares in treasury (30,854 at December 31, 2019) (765,579) (749,625)
Accumulated other comprehensive income 755 3,234
Total stockholders' equity 765,658 808,897
Total liabilities, redeemable noncontrolling interests and stockholders' equity $ 1,167,753 $ 1,266,328