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Other Assets and Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2018
Text Block [Abstract]  
Schedule of Other Assets

The following table sets forth the Company’s other assets, by type, as of December 31, 2018 and 2017:

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Current income and other tax receivables

 

$

35,439

 

 

$

38,804

 

Prepaid compensation (see Note 15)

 

 

76,362

 

 

 

60,355

 

Other advances and prepayments

 

 

66,266

 

 

 

56,595

 

Other

 

 

80,567

 

 

 

72,390

 

Total

 

$

258,634

 

 

$

228,144

 

Schedule of Other Liabilities

The following table sets forth the Company’s other liabilities, by type, as of December 31, 2018 and 2017:

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Accrued expenses

 

$

166,112

 

 

$

155,551

 

Current income taxes and other taxes

 

 

130,261

 

 

 

123,548

 

Employee benefit-related liabilities

 

 

51,051

 

 

 

69,201

 

Deferred lease liabilities

 

 

84,449

 

 

 

85,028

 

Unclaimed funds at LFB

 

 

17,746

 

 

 

14,962

 

Deferred revenue (a)

 

 

80,995

 

 

 

45,390

 

Contingent consideration liability

 

 

10,009

 

 

 

28,941

 

Securities sold, not yet purchased

 

 

3,929

 

 

 

7,338

 

Other

 

 

32,434

 

 

 

43,629

 

Total

 

$

576,986

 

 

$

573,588

 

 

(a)

The change in deferred revenue during the year ended December 31, 2018 principally relates to additional carried interest received from private equity investments that is subject to clawback. The revenue recognized during the current year related to the deferred revenue balance as of the beginning of the year was not material to the consolidated financial statements.