7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 
      
    		                     
      cash flows from operating activities
    		                     
      net income
    		96,541,000 58,734,000 61,975,000 79,205,000 71,273,000 69,742,000 74,175,000 69,270,000 65,202,000 54,895,000 55,741,000 44,720,000 57,166,000 37,589,000 25,992,000 14,383,000 14,527,000  20,590,000 18,675,000 10,524,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                     
      benefit from deferred income taxes
    		12,737,000 12,168,000 7,275,000 13,139,000 7,894,000 3,372,000 5,493,000 4,354,000 6,269,000 9,160,000 13,532,000 4,725,000 7,182,000 -4,055,000 235,000 1,715,000 1,360,000 -835,000 2,746,000 -1,156,000 3,361,000 
      depreciation and amortization
    		22,032,000 21,794,000 7,432,000 10,758,000 10,607,000 5,384,000 4,377,000 4,694,000 4,385,000 4,229,000 3,936,000 4,166,000 4,050,000 5,620,000 7,768,000 5,263,000 5,222,000 5,360,000 5,574,000 5,931,000 6,412,000 
      deferred financing costs, accretion expense and derivative gains/losses
    		-3,461,000 -3,104,000 -3,068,000                   
      stock-based and deferred compensation
    		15,972,000 13,978,000 3,660,000 2,203,000 4,792,000  4,303,000 7,005,000 9,471,000  4,741,000 6,674,000 2,772,000  5,185,000 4,819,000 3,924,000  5,084,000 5,181,000 4,253,000 
      change in fair value of contingent consideration obligations
    		3,841,000 1,092,000 3,406,000 -26,600,000 -3,500,000 3,200,000 2,400,000 5,700,000 2,500,000 9,500,000 2,000,000 5,300,000 -5,500,000 19,900,000 0       
      unrealized depreciation (appreciation) on investments
    		-2,657,000 -4,338,000 835,000  452,000    -2,720,000  -837,000 -2,702,000 4,971,000    -1,458,000 3,133,000 -139,000 -246,000 124,000 
      noncash lease expense
    		162,000 120,000 82,000 102,000 94,000                 
      loss on debt extinguishment
    		   963,000 1,555,000 0 669,000 1,146,000 2,781,000 1,196,000 758,000 -137,000 1,054,000 2,451,000    0 0 0 6,058,000 
      changes in operating assets and liabilities:
    		                     
      receivables
    		26,016,000 -63,259,000 4,289,000 9,209,000 4,210,000  -4,489,000 -3,570,000 -6,730,000  -3,757,000 2,805,000 16,439,000  -11,300,000 261,000 -327,000  2,267,000 1,999,000 1,104,000 
      prepaid expenses
    		-507,000 2,338,000 -271,000 153,000 -1,260,000 -818,000 661,000 547,000 -695,000 -747,000 917,000 457,000 -1,857,000 -186,000 -868,000 94,000 -1,181,000 -171,000 361,000   
      other assets
    		520,000 665,000 666,000 -6,000 -80,000 0    0 -25,000 32,000 -18,000 -793,000 -47,000   -101,000 3,000 -270,000 425,000 
      accounts payable and accrued expenses
    		-8,225,000 -15,197,000 13,836,000 -7,858,000 -8,819,000 8,827,000 4,908,000 -7,866,000 13,573,000  -21,545,000 -855,000 -11,760,000  66,179,000 2,849,000 5,685,000  -467,000 -4,386,000 2,166,000 
      accrued compensation and benefits
    		5,886,000 -9,542,000 -18,155,000 5,004,000 -13,487,000 10,292,000 5,742,000 4,101,000 -14,987,000 6,374,000 6,887,000 3,109,000 -23,990,000 10,199,000 17,172,000 1,660,000 -10,331,000 74,000 6,386,000   
      other liabilities
    		-3,564,000 -22,041,000 -868,000 -801,000 -146,000 508,000 -499,000 536,000 -490,000 -358,000 -1,644,000 -437,000 239,000 1,344,000 1,646,000 -39,000 -80,000 256,000 -3,086,000 3,138,000 138,000 
      net cash from operating activities
    		165,907,000 -6,592,000 81,094,000 90,242,000 74,813,000 112,135,000 99,889,000 84,538,000 79,634,000 67,896,000 61,809,000 68,989,000 51,922,000 59,699,000 118,407,000 31,340,000 17,938,000 34,448,000 40,305,000 33,720,000 25,872,000 
      capex
    		-1,079,000 -890,000 -1,589,000 -1,734,000 -1,176,000 -4,376,000 -2,731,000 -5,174,000 -393,000 -1,013,000 -1,766,000 -4,572,000 -708,000 -2,319,000 -2,028,000 -408,000 -484,000 -804,000 -434,000 0 0 
      free cash flows
    		164,828,000 -7,482,000 79,505,000 88,508,000 73,637,000 107,759,000 97,158,000 79,364,000 79,241,000 66,883,000 60,043,000 64,417,000 51,214,000 57,380,000 116,379,000 30,932,000 17,454,000 33,644,000 39,871,000 33,720,000 25,872,000 
      cash flows from investing activities
    		                     
      purchases of property and equipment
    		-1,079,000 -890,000 -1,589,000 -1,734,000 -1,176,000 -4,376,000 -2,731,000 -5,174,000 -393,000 -1,013,000 -1,766,000 -4,572,000 -708,000 -2,319,000 -2,028,000 -408,000 -484,000 -804,000 -434,000   
      purchases of investments
    		-8,822,000 -28,874,000 -1,526,000 -7,678,000 -2,365,000  -3,852,000 -2,937,000 -2,626,000          -945,000   
      sales of investments
    		9,403,000 55,992,000 1,431,000 6,932,000 1,249,000  3,247,000 2,111,000 1,909,000          16,000 180,000 448,000 
      cash acquired from acquisition
    		40,000                     
      net cash from investing activities
    		-458,000 79,800,000 -1,684,000 -3,033,000 -4,119,000 -545,556,000 -3,715,000 -6,177,000 -1,140,000 -1,820,000 -3,589,000 -4,697,000 -2,234,000 -3,924,000 -843,377,000 -1,064,000 -1,447,000 -3,894,000 -2,363,000   
      cash flows from financing activities
    		                     
      issuance of common stock
    		342,000 831,000 549,000 1,771,000 1,302,000                 
      repurchase of common stock
    		-118,510,000 -25,964,000 -451,000 -19,170,000 -10,193,000 -5,661,000 -8,183,000 -10,028,000 -7,661,000 -7,054,000 -9,764,000 -7,037,000 -6,020,000 -6,193,000 -5,816,000 -1,883,000 -1,643,000 -4,497,000 -2,961,000   
      payments of taxes related to net share settlement of equity awards
    		-2,171,000 -8,696,000 -885,000 -3,183,000 -5,373,000 -4,585,000 -11,026,000 -3,469,000 -7,614,000 -2,964,000 -1,265,000 -3,449,000 -4,431,000 -4,162,000 -3,261,000 -40,000 -196,000 0    
      payment of debt financing fees
    		             0    -1,000 -78,000   
      payments of long-term senior debt
    		                     
      proceeds from long-term senior debt
    		             0    0 0 0 359,100,000 
      payment of dividends
    		-42,073,000 -43,704,000 -29,926,000 -17,358,000 -17,381,000 -11,750,000 -10,771,000 -8,245,000 -6,393,000 -4,718,000 -4,510,000 -3,518,000 -3,490,000 -3,452,000 -3,919,000 -24,000 -41,000 -137,000 -497,000   
      payment of consideration for acquisition
    		0             0    1,000    
      net cash from financing activities
    		-157,474,000 -141,266,000 -30,713,000 -82,940,000 -101,645,000 438,202,000 -63,015,000 -77,136,000 -70,834,000 -99,689,000 -57,176,000 -46,258,000 -49,573,000 -97,692,000 708,646,000 -1,196,000 -1,742,000 -4,193,000 -27,955,000   
      effect of changes of foreign exchange rate on cash and cash equivalents
    		-104,000 321,000 179,000 -101,000 -32,000 12,000 -41,000 11,000 -18,000 73,000 56,000 20,000 -106,000 75,000 -40,000 -14,000 21,000 -9,000 -10,000 -85,000 39,000 
      net decrease in cash and cash equivalents
    		7,871,000                     
      cash and cash equivalents, beginning of period
    		0 0 126,731,000 0 69,533,000 0 0 0 22,744,000 0 0 0 37,121,000 0   51,491,000 0 0 0 12,921,000 
      cash and cash equivalents, end of period
    		7,871,000 -67,737,000 175,607,000 4,168,000 38,550,000 4,793,000 33,118,000 1,236,000 30,386,000 -33,540,000 1,100,000 18,054,000 37,130,000 -41,842,000   66,261,000 26,352,000 9,977,000 2,866,000 12,296,000 
      supplemental cash flow information
    		                     
      cash paid for interest
    		30,025,000 16,134,000 17,227,000 7,406,000 7,074,000 3,962,000 4,239,000 2,471,000 8,096,000 6,316,000 9,075,000 3,184,000 20,112,000 15,238,000 717,000 3,698,000 3,801,000 3,755,000 3,639,000 3,973,000 6,163,000 
      cash paid for income taxes
    		11,928,000 41,835,000 1,503,000 22,142,000 1,012,000 6,016,000 14,956,000 33,350,000 831,000 10,083,000 24,460,000 1,924,000 1,345,000 15,094,000 2,664,000 6,533,000 343,000 6,284,000 6,872,000   
      noncash items
    		                     
      operating lease right-of-use assets obtained in exchange for new operating lease liabilities
    		-34,272,000   0 2,991,000                 
      non-cash investing and financing activities:
    		                     
      issuance of 3.3 million shares of common stock and 19.7 million shares of preferred stock in connection with the acquisition of amundi us
    		-2,358,000                     
      repayment of long-term senior debt
    		    -70,000,000    -50,000,000   -32,287,000 -38,000,000 -85,000,000    0 -20,000,000   
      net increase in cash and cash equivalents
    		  48,876,000 4,168,000 -30,983,000 4,793,000 33,118,000 1,236,000 7,642,000 -33,540,000 1,100,000 18,054,000 9,000 -41,842,000 -16,364,000 29,066,000 14,770,000 26,352,000 9,977,000   
      share-based and deferred compensation
    		                     
      unrealized (appreciation) depreciation on investments
    		      371,000               
      loss on equity method investment
    		   9,000 57,000  70,000 65,000 92,000       150,000 4,000 224,000 167,000 202,000 137,000 
      loss on disposal of property and equipment due to restructuring
    		                     
      investment management fees receivable
    		                     
      fund administration and distribution fees receivable
    		                     
      other receivables
    		                     
      deferred compensation plan liability
    		                     
      purchases of deferred compensation plan investments
    		                     
      sales of deferred compensation plan investments
    		                     
      purchases of proprietary funds
    		                     
      sales of proprietary funds
    		                     
      acquisition of business, net of cash acquired
    		                     
      repayment and repurchases of long-term senior debt
    		                     
      deferred financing costs and derivative and accretion expense
    		   1,125,000 1,171,000 775,000 811,000 861,000 983,000 1,057,000 1,105,000 1,132,000 1,174,000   623,000 593,000 605,000 624,000 651,000 995,000 
      purchase of equity method investment
    		   0 -1,500,000                 
      acquisition of business and assets, net of cash acquired
    		   -553,000 -327,000                 
      repayments of long-term senior debt
    		                     
      unrealized appreciation on investments
    		              477,000       
      gain on equity method investment
    		                     
      (purchase) sale of equity method investment
    		         -23,000            
      repayment of promissory note
    		             0 0 0 -96,000 -144,000 -144,000   
      cost of asset acquisition
    		      -379,000 -177,000 -30,000             
      issuance of class a common stock
    		                     
      issuance of class b common stock from exercise of stock options
    		      1,892,000 1,553,000 790,000 1,505,000 1,428,000 1,000 1,693,000  1,961,000 735,000 221,000     
      repayments and repurchases of long-term senior debt
    		      -35,000,000               
      receipt of consideration for acquisition
    		           0 649,000         
      issuance of class a common stock, net of underwriter discount
    		       53,000 44,000 42,000 35,000 32,000 26,000 18,000 15,000 16,000 13,000 0 0 0 156,549,000 
      loss on other receivable
    		                 689,000 195,000   
      accounts payable
    		                     
      accrued expenses
    		                     
      payment of class a common stock deferred offering costs
    		                 0 2,000   
      payment of equity awards modified to liabilities
    		                     
      net gain on equity method investment
    		                     
      purchases of trading securities
    		          -1,611,000 -1,024,000 -2,617,000 -1,988,000 -1,552,000 -1,521,000 -1,533,000     
      sales of trading securities
    		          1,289,000 899,000 1,091,000  907,000 865,000 570,000     
      purchases of available-for-sale securities
    		          -1,000   -78,000 0       
      sales of available-for-sale securities
    		          0    0       
      acquisition of business
    		             0        
      receipt (payment) of consideration for acquisition
    		                     
      amortization of deferred financing fees and accretion expense
    		                     
      net (gain) loss on equity method investment
    		             0        
      disposal of property and equipment due to restructuring
    		                     
      proceeds from sales of trading securities
    		                     
      proceeds from sales of available-for-sale securities
    		                     
      proceeds from (investments in) equity method investment
    		                     
      issuance of common stock, net of costs
    		                     
      issuance of class b common stock
    		                 571,000 669,000 0 10,000 
      issuance of class a common stock under 2018 espp
    		                 14,000    
      excess tax benefits on share-based compensation
    		                     
      repayment of draw on line of credit
    		                     
      deferred financing costs and accretion expense
    		                     
      equity method investment
    		                 -1,000,000 -1,000,000   
      sale of equity method investment
    		                     
      cash, cash equivalents and restricted cash, beginning of period
    		                     
      cash, cash equivalents and restricted cash, end of period
    		                     
      reconciliation of cash, cash equivalents and restricted cash
    		                     
      cash and cash equivalents
    		                     
      restricted cash
    		                     
      cash, cash equivalents and restricted cash at end of period
    		                     
      supplemental disclosure of non-cash item
    		                     
      class a common stock offering costs reclassed from prepaid expenses and accounts payable and accrued expenses to additional paid in capital
    		                    4,123,000 
      net income/
    		                     
      purchase and sale of options
    		                     
      proceeds from draw on line of credit
    		                     
      supplemental disclosure of non-cash items
    		                     
      promissory note issued for repurchase of common stock and equity awards
    		                     
      class a common stock offering costs reclassed from prepaid expenses to additional paid in capital
    		                  0   
      settlement of compensation liability with issuance of restricted share awards
    		                  0   
      net cash used by financing activities
    		                     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.