Consolidated Balance Sheets - USD ($) $ in Thousands |
Dec. 31, 2019 |
Dec. 31, 2018 |
| Assets |
|
|
| Cash and cash equivalents |
$ 37,121
|
$ 51,491
|
| Investment management fees receivable |
74,321
|
37,980
|
| Fund administration and distribution fees receivable |
19,313
|
3,153
|
| Other receivables |
1,459
|
2,987
|
| Prepaid expenses |
4,852
|
2,664
|
| Available-for-sale securities, at fair value |
771
|
601
|
| Trading securities, at fair value |
18,305
|
12,719
|
| Property and equipment, net |
13,240
|
8,780
|
| Goodwill |
404,750
|
284,108
|
| Other intangible assets, net |
1,175,471
|
387,679
|
| Other assets |
3,706
|
9,349
|
| Total assets |
1,753,309
|
801,511
|
| Liabilities and stockholders' equity |
|
|
| Accounts payable |
271
|
607
|
| Accrued compensation and benefits |
54,842
|
30,228
|
| Accrued expenses |
88,932
|
19,743
|
| Consideration payable for acquisition of business |
118,700
|
5,838
|
| Deferred compensation plan liability |
18,305
|
12,719
|
| Deferred tax liability, net |
5,486
|
6,212
|
| Other liabilities |
4,363
|
1,759
|
| Long-term debt, net |
924,539
|
268,857
|
| Total liabilities |
1,215,438
|
345,963
|
| Stockholders' equity |
|
|
| Additional paid-in capital |
624,766
|
604,401
|
| Accumulated other comprehensive loss |
|
(86)
|
| Retained deficit |
(34,705)
|
(119,709)
|
| Total stockholders' equity |
537,871
|
455,548
|
| Total liabilities and stockholders' equity |
1,753,309
|
801,511
|
| Class A |
|
|
| Stockholders' equity |
|
|
| Common stock |
181
|
153
|
| Treasury stock, at cost |
(21,524)
|
(8,045)
|
| Class B |
|
|
| Stockholders' equity |
|
|
| Common stock |
539
|
553
|
| Treasury stock, at cost |
$ (31,386)
|
$ (21,719)
|