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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net Income $ 164,772 $ 189,955 $ 212,426
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Equity-Based Compensation Expense 165,528 108,913 120,912
Depreciation and Amortization Expense 15,475 15,750 15,055
Amortization of Operating Lease Right-of-Use Assets 20,735 19,175 21,305
Deferred Taxes 1,784 7,096 6,911
Provision for Credit Losses 2,817 2,869 1,266
Other 2,793 (4,674) (4,281)
Cash Flows Due to Changes in Operating Assets and Liabilities      
Accounts Receivable (32,497) (61,034) (4,943)
Other Assets (42,659) (3,060) (6,490)
Accrued Compensation and Benefits (35,347) (131,388) 129,618
Accounts Payable, Accrued Expenses and Other Liabilities 1,658 (2,073) 818
Operating Lease Liabilities (22,488) (21,397) (16,596)
Taxes Payable 105 847 (2,133)
Deferred Revenue 55 3,182 (4,426)
Net Cash Provided by Operating Activities 242,731 124,161 469,442
Investing Activities      
Purchases of Investments (143,929) (97,638) (278,060)
Proceeds from Sales and Maturities of Investments 94,128 235,457 141,162
Purchases of Furniture, Equipment and Leasehold Improvements (3,434) (6,472) (8,854)
Net Cash Provided by (Used in) Investing Activities (53,235) 131,347 (145,752)
Financing Activities      
Dividends (24,632) (77,974) (4,819)
Proceeds from Revolving Credit Facility 42,000 15,000 16,000
Payments on Revolving Credit Facility (42,000) (15,000) (16,000)
Principal Payments on Term Loan     (21,500)
Tax Distributions (38,338) (37,830) (54,685)
Employee Taxes Paid for Shares Withheld (17,792) (22,773) (12,704)
Cash-Settled Exchanges of Partnership Units (15,120) (109,574) (101,895)
Treasury Stock Purchases (109,484) (103,342) (48,674)
Payments Pursuant to Tax Receivable Agreement (4,655) (1,890)  
Net Cash Used in Financing Activities (210,021) (353,383) (244,277)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (6,721) (1,157) 4,150
Net Increase (Decrease) in Cash and Cash Equivalents (27,246) (99,032) 83,563
Cash and Cash Equivalents, Beginning of Period 200,481 299,513 215,950
Cash and Cash Equivalents, End of Period 173,235 200,481 299,513
Supplemental Disclosure of Cash Flows Information      
Payments for Income Taxes, Net of Refunds Received 28,578 30,933 36,161
Payments for Interest $ 133 10 116
Non-Cash Receipt of Shares   $ 1,125 $ 1,138