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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 418,765 $ 342,801
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of property 25,303 23,209
Amortization of deferred expenses and share-based incentive compensation 294,380 285,162
Amortization and other acquisition-related (benefits) costs (13,468) 5,003
Deferred tax provision 27,287 50,699
Loss on extinguishment of debt 6,523  
(Increase) decrease in operating assets:    
Receivables-net (82,161) 112,499
Investments (184,542) 27,927
Other assets (144,592) (71,053)
Increase (decrease) in operating liabilities:    
Accrued compensation and benefits and other liabilities (56,035) (70,819)
Net cash provided by operating activities 291,460 705,428
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property (39,343) (15,463)
Disposals of property 1,365 283
Net cash used in investing activities (37,978) (15,180)
Proceeds from:    
Customer deposits 79,960 149,506
Contributions from noncontrolling interests 553  
Issuance of senior debt, net of expenses 490,970  
Payments for:    
Senior debt (255,543)  
Capital lease obligations (57) (7,329)
Distributions to noncontrolling interests (10,232) (3,059)
Payments under tax receivable agreement (31,897) (789)
Purchase of Class A common stock (306,591) (252,538)
Class A common stock dividends (307,850) (292,293)
Settlement of vested share-based incentive compensation (109,485) (67,384)
Other financing activities (5,509) (10,073)
Net cash used in financing activities (455,681) (483,959)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (66,355) 128,091
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (268,554) 334,380
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 2,454,806 1,607,483
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH $ 2,186,252 $ 1,941,863