XML 35 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
6 Months Ended
Jun. 30, 2018
Selling, General and Administrative Expense [Abstract]  
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
Selling, general and administrative expenses include payroll and employee benefits associated with personnel employed in executive, finance, law, compliance, human resources, vendor management, facilities, risk management, sales and marketing roles. This category also includes professional fees, occupancy costs, marketing costs, depreciation and amortization of non-operating assets and other expenses. The components of selling, general and administrative expenses were as follows:
 
 
Three months ended
 June 30,
 
Six months ended
 June 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Compensation and benefits
 
$
12,197

 
$
15,541

 
$
25,766

 
$
28,047

Occupancy related costs
 
7,189

 
9,538

 
15,623

 
19,811

Amortization of intangible assets
 
7,544

 
9,393

 
14,691

 
18,539

Marketing costs
 
3,978

 
3,697

 
7,585

 
7,966

Professional services
 
4,328

 
4,367

 
7,554

 
8,097

Depreciation and amortization
 
1,950

 
2,361

 
4,218

 
4,782

Other
 
5,738

 
7,573

 
10,611

 
12,929

 
 
 
 
 
 
 
 
 
Total
 
$
42,924

 
$
52,470

 
$
86,048

 
$
100,171