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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Cash Flows From Operating Activities:    
Net income $ 141,974 $ 132,687
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,328 10,396
Unamortized loss on derivative instrument (684) 0
Amortization of deferred sales commissions 7,884 8,006
Stock-based compensation 39,214 36,607
Deferred income taxes 8,823 10,551
Net losses (gains) on investments and derivatives 453 (1,374)
Equity in net income of affiliates, net of amortization (5,650) (4,996)
Dividends received from affiliates 5,100 5,785
Consolidated CLO entity's operating activities:    
Net gains on bank loans, other investments and note obligations 0 (8,594)
Amortization 0 (269)
Net increase in other assets and liabilities, including cash and cash equivalents 0 82,263
Changes in operating assets and liabilities:    
Management fees and other receivables (5,083) 17,698
Investments in trading securities (162,692) (24,446)
Deferred sales commissions (13,280) (8,621)
Other assets 8,406 13,135
Accrued compensation (73,589) (91,086)
Accounts payable and accrued expenses 4,550 (3,738)
Other liabilities 46,947 (157)
Net cash provided by operating activities 12,701 173,847
Cash Flows From Investing Activities:    
Additions to equipment and leasehold improvements (6,066) (5,293)
Issuance of loan to affiliate 0 (5,000)
Net cash paid in acquisition (63,605) (10,130)
Cash paid for intangible assets 0 (25)
Proceeds from sale of investments 5,992 8,808
Purchase of investments (67) (113)
Consolidated CLO entity's investing activities:    
Proceeds from sales and maturities of bank loans and other investments 0 33,141
Purchase of bank loans and other investments 0 (118,289)
Net cash used for investing activities (63,746) (96,901)
Cash Flows From Financing Activities:    
Purchase of additional non-controlling interest (9,451) (15,580)
Debt issuance costs (2,761) 0
Proceeds from issuance of debt 298,896 0
Proceeds from issuance of Voting Common Stock 0 232
Proceeds from issuance of Non-Voting Common Stock 45,421 25,854
Repurchase of Voting Common Stock 0 (77)
Repurchase of Non-Voting Common Stock (78,984) (144,071)
Principal repayments on notes receivable from stock option exercises 2,660 1,283
Excess tax benefit of stock option exercises 8,182 3,023
Dividends paid (63,005) (60,201)
Net subscriptions received from (redemptions/distributions paid to) non-controlling interest holders 88,859 (2,201)
Consolidated CLO entities' financing activities:    
Net cash provided by (used for) financing activities 289,817 (191,738)
Effect of currency rate changes on cash and cash equivalents 512 395
Net increase (decrease) in cash and cash equivalents 239,284 (114,397)
Cash and cash equivalents, beginning of period 424,174 465,558
Cash and cash equivalents, end of period 663,458 351,161
Supplemental Cash Flow Information:    
Cash paid for interest 14,205 14,206
Cash paid for income taxes, net of refunds 40,367 47,040
Supplemental Disclosure of Non-Cash Information:    
Increase in equipment and leasehold improvements due to non-cash additions 110 1,651
Exercise of stock options through issuance of notes receivable 771 531
Non-controlling interest call option exercises recorded in other liabilities 320 0
Net Consolidations (Deconsolidations) of Sponsored Investment Funds:    
Increase (decrease) in investments 136,611 (720)
Increase in other assets, net of other liabilities 22,073 0
Increase (decrease) in non-controlling interests $ 73,843 $ (698)