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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Cash Flows From Operating Activities:    
Net income $ 64,341 $ 63,232
Adjustments to reconcile net income to net cash (used for) provided by operating activities:    
Depreciation and amortization 4,494 5,414
Amortization of deferred sales commissions 3,855 4,044
Stock-based compensation 20,178 18,234
Deferred income taxes 11,101 6,666
Net losses (gains) on investments and derivatives 3,935 (585)
Equity in net income of affiliates, net of amortization (2,506) (2,519)
Dividends received from affiliates 2,905 2,931
Consolidated CLO entity's operating activities:    
Net losses on bank loans, other investments and note obligations 0 464
Amortization 0 15
Net increase in other assets and liabilities, including cash and cash equivalents 0 81,271
Changes in operating assets and liabilities:    
Management fees and other receivables (124) 15,060
Investments in trading securities (113,213) (24,094)
Deferred sales commissions (8,174) (4,958)
Other assets 11,356 22,679
Accrued compensation (108,269) (118,954)
Accounts payable and accrued expenses 7,515 2,433
Other liabilities 63,534 15,895
Net cash (used for) provided by operating activities (39,072) 87,228
Cash Flows From Investing Activities:    
Additions to equipment and leasehold improvements (2,435) (2,947)
Issuance of loan to affiliate 0 (5,000)
Net cash paid in acquisition (52,016) 0
Proceeds from sale of investments 4,102 8,416
Purchase of investments (32) (33)
Consolidated CLO entity's investing activities:    
Proceeds from sales and maturities of bank loans and other investments 0 16,872
Purchase of bank loans and other investments 0 (99,785)
Net cash used for investing activities (50,381) (82,477)
Cash Flows From Financing Activities:    
Purchase of additional non-controlling interest (9,451) (15,580)
Proceeds from issuance of Voting Common Stock 0 232
Proceeds from issuance of Non-Voting Common Stock 27,734 7,007
Repurchase of Voting Common Stock 0 (77)
Repurchase of Non-Voting Common Stock (53,601) (73,341)
Principal repayments on notes receivable from stock option exercises 2,263 972
Excess tax benefit of stock option exercises 5,722 2,261
Dividends paid (31,749) (30,437)
Net subscriptions received from (redemptions/distributions paid to) non-controlling interest holders 43,424 (373)
Consolidated CLO entities' financing activities:    
Net cash used for financing activities (15,658) (109,336)
Effect of currency rate changes on cash and cash equivalents 1,050 (2,840)
Net decrease in cash and cash equivalents (104,061) (107,425)
Cash and cash equivalents, beginning of period 424,174 465,558
Cash and cash equivalents, end of period 320,113 358,133
Supplemental Cash Flow Information:    
Cash paid for interest 5,988 5,986
Cash paid for income taxes, net of refunds 4,321 5,272
Supplemental Disclosure of Non-Cash Information:    
Increase in equipment and leasehold improvements due to non-cash additions 275 608
Exercise of stock options through issuance of notes receivable 331 531
Net Consolidations of Sponsored Investment Funds:    
Increase in investments 91,135 0
Increase in other liabilities, net of other assets 51,177 0
Increase in non-controlling interests $ 29,969 $ 0