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10-Q Filing

NEWMARK GROUP, INC. CIK: 1690680 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0001690680-20-000038
Period End Date 20200930
Filing Date 20201106
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance nmrk-20200930_htm.xml
Balance Sheet 79 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $272.96M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $163.56M USD Point-in-time
Restricted cash RestrictedCashCurrent $63.70M USD Point-in-time
Treasury stock, shares issued (in shares) TreasuryStockCommonShares 4.57M shares Point-in-time
Restricted cash RestrictedCashCurrent $58.31M USD Point-in-time
Treasury stock, shares issued (in shares) TreasuryStockCommonShares 4.57M shares Point-in-time
Marketable securities MarketableSecuritiesCurrent $121.76M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $36.80M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $215.29M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $1.54B USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $380.13M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $508.38M USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties $652.00K USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties - USD Point-in-time
Other current assets (see Note 19) OtherAssetsCurrent $91.19M USD Point-in-time
Other current assets (see Note 19) OtherAssetsCurrent $88.80M USD Point-in-time
Total current assets AssetsCurrent $1.07B USD Point-in-time
Total current assets AssetsCurrent $2.47B USD Point-in-time
Goodwill Goodwill $559.93M USD Point-in-time
Goodwill Goodwill $557.91M USD Point-in-time
Goodwill Goodwill $515.32M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $453.19M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $413.64M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $403.71M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $479.79M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $201.66M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $191.71M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $98.02M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $102.02M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $45.23M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $46.55M USD Point-in-time
Other assets (see Note 19) OtherAssetsNoncurrent $379.69M USD Point-in-time
Other assets (see Note 19) OtherAssetsNoncurrent $407.90M USD Point-in-time
Total assets Assets $3.20B USD Point-in-time
Total assets Assets $4.68B USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $209.65M USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $1.51B USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $343.85M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $270.31M USD Point-in-time
Accounts payable, accrued expenses and other liabilities (see Note 29) AccountsPayableAndOtherAccruedLiabilitiesCurrent $465.33M USD Point-in-time
Accounts payable, accrued expenses and other liabilities (see Note 29) AccountsPayableAndOtherAccruedLiabilitiesCurrent $417.07M USD Point-in-time
Securities loaned SecuritiesLoaned - USD Point-in-time
Securities loaned SecuritiesLoaned $36.73M USD Point-in-time
Payables to related parties AccountsPayableRelatedPartiesCurrentAndNoncurrent $38.09M USD Point-in-time
Payables to related parties AccountsPayableRelatedPartiesCurrentAndNoncurrent $5.18M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.25B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.05B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $589.29M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $879.50M USD Point-in-time
Right-of-use liabilities OperatingLeaseLiabilityNoncurrent $216.99M USD Point-in-time
Right-of-use liabilities OperatingLeaseLiabilityNoncurrent $227.94M USD Point-in-time
Other long-term liabilities (see Note 29) OtherLiabilitiesNoncurrent $376.83M USD Point-in-time
Other long-term liabilities (see Note 29) OtherLiabilitiesNoncurrent $418.23M USD Point-in-time
Total liabilities Liabilities $2.24B USD Point-in-time
Total liabilities Liabilities $3.77B USD Point-in-time
Commitments and contingencies (see Note 31) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 31) CommitmentsAndContingencies - USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $22.61M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.52M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.52M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $26.17M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $318.17M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $335.95M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $348.43M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $313.11M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.74M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax - USD Point-in-time
Total stockholders equity StockholdersEquity $599.66M USD Point-in-time
Total stockholders equity StockholdersEquity $648.76M USD Point-in-time
Noncontrolling interests MinorityInterest $340.96M USD Point-in-time
Noncontrolling interests MinorityInterest $241.36M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $890.12M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $978.91M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $884.81M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $940.62M USD Point-in-time
Total liabilities, redeemable partnership interests, and equity LiabilitiesAndStockholdersEquity $4.68B USD Point-in-time
Total liabilities, redeemable partnership interests, and equity LiabilitiesAndStockholdersEquity $3.20B USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $3.20M USD 1 Quarter
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $3.20M USD 1 Quarter
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $9.70M USD 3 Qtrs
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $8.10M USD 3 Qtrs
Revenues Revenues $1.59B USD 3 Qtrs
Revenues Revenues $435.92M USD 1 Quarter
Revenues Revenues $1.30B USD 3 Qtrs
Revenues Revenues $586.63M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $341.04M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $921.13M USD 3 Qtrs
Compensation and employee benefits CostDirectLabor $253.91M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $784.68M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $50.77M USD 1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $56.65M USD 1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $109.87M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $74.54M USD 3 Qtrs
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $1.03B USD 3 Qtrs
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $304.68M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $397.68M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $859.23M USD 3 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $215.08M USD 3 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $275.94M USD 3 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $86.30M USD 1 Quarter
Operating, administrative and other GeneralAndAdministrativeExpense $61.79M USD 1 Quarter
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $21.04M USD 3 Qtrs
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $17.13M USD 3 Qtrs
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $6.11M USD 1 Quarter
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $7.09M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $98.51M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $104.61M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $29.63M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $36.78M USD 1 Quarter
Total operating expenses CostsAndExpenses $1.43B USD 3 Qtrs
Total operating expenses CostsAndExpenses $527.85M USD 1 Quarter
Total operating expenses CostsAndExpenses $1.20B USD 3 Qtrs
Total operating expenses CostsAndExpenses $402.20M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $108.71M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $108.61M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $95.27M USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense $73.66M USD 3 Qtrs
Income from operations OperatingIncomeLoss $167.50M USD 1 Quarter
Income from operations OperatingIncomeLoss $142.33M USD 1 Quarter
Income from operations OperatingIncomeLoss $254.55M USD 3 Qtrs
Income from operations OperatingIncomeLoss $181.18M USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNet $-8.17M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-28.62M USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNet $-23.95M USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNet $-9.53M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $152.56M USD 3 Qtrs
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $159.33M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $132.80M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $230.61M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $52.57M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $33.27M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $38.16M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $36.76M USD 1 Quarter
Consolidated net income ProfitLoss $114.40M USD 3 Qtrs
Consolidated net income ProfitLoss $99.53M USD 1 Quarter
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $30.56M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $33.87M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $24.18M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $49.77M USD 3 Qtrs
Net income available to common stockholders NetIncomeLoss $128.27M USD 3 Qtrs
Net income available to common stockholders NetIncomeLoss $88.70M USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $75.35M USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $83.84M USD 3 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $118.60M USD 3 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $75.70M USD 3 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $85.47M USD 1 Quarter
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $72.10M USD 1 Quarter
Basic earnings per share (in usd per share) EarningsPerShareBasic $0.67 USD 3 Qtrs
Basic earnings per share (in usd per share) EarningsPerShareBasic $0.48 USD 1 Quarter
Basic earnings per share (in usd per share) EarningsPerShareBasic $0.40 USD 1 Quarter
Basic earnings per share (in usd per share) EarningsPerShareBasic $0.42 USD 3 Qtrs
Basic weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 178.12M shares 3 Qtrs
Basic weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 179.50M shares 1 Quarter
Basic weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 177.02M shares 1 Quarter
Basic weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 178.53M shares 3 Qtrs
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $103.62M USD 1 Quarter
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $122.38M USD 3 Qtrs
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $99.50M USD 1 Quarter
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $110.42M USD 3 Qtrs
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.66 USD 3 Qtrs
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.42 USD 3 Qtrs
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.48 USD 1 Quarter
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.39 USD 1 Quarter
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 206.62M shares 1 Quarter
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 265.10M shares 3 Qtrs
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 266.79M shares 1 Quarter
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 185.41M shares 3 Qtrs
Cash Flow Statement 114 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Consolidated net income ProfitLoss $99.53M USD 1 Quarter
Consolidated net income ProfitLoss $114.40M USD 3 Qtrs
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $126.57M USD 3 Qtrs
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $73.87M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $98.51M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $104.61M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $29.63M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $36.78M USD 1 Quarter
Nasdaq earn-out recognition NasdaqEarnout $121.91M USD 3 Qtrs
Nasdaq earn-out recognition NasdaqEarnout $98.58M USD 3 Qtrs
Provision for credit losses on the financial guarantee liability ProvisiononCreditLossesSharingGuarantee $14.70M USD 3 Qtrs
Provision for credit losses on the financial guarantee liability ProvisiononCreditLossesSharingGuarantee - USD 3 Qtrs
Provision for doubtful accounts ProvisionForDoubtfulAccounts $2.98M USD 3 Qtrs
Provision for doubtful accounts ProvisionForDoubtfulAccounts $1.57M USD 3 Qtrs
Equity-based compensation and allocation of net income to limited partnership units and FPUs EquitybasedcompensationandallocationofnetincometolimitedpartnershipunitsandFPUs $109.87M USD 3 Qtrs
Equity-based compensation and allocation of net income to limited partnership units and FPUs EquitybasedcompensationandallocationofnetincometolimitedpartnershipunitsandFPUs $74.54M USD 3 Qtrs
Employee loan amortization AdjustmentForAmortization $50.19M USD 3 Qtrs
Employee loan amortization AdjustmentForAmortization $31.69M USD 3 Qtrs
Deferred tax (benefit) provision DeferredIncomeTaxExpenseBenefit $-20.00K USD 3 Qtrs
Deferred tax (benefit) provision DeferredIncomeTaxExpenseBenefit $956.00K USD 3 Qtrs
Unrealized (gains) on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $22.52M USD 3 Qtrs
Unrealized (gains) on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $27.14M USD 3 Qtrs
Loss (income) from an equity method investment IncomeLossFromEquityMethodInvestments $6.00M USD 3 Qtrs
Loss (income) from an equity method investment IncomeLossFromEquityMethodInvestments $1.30M USD 1 Quarter
Loss (income) from an equity method investment IncomeLossFromEquityMethodInvestments $-7.40M USD 1 Quarter
Loss (income) from an equity method investment IncomeLossFromEquityMethodInvestments $-11.56M USD 3 Qtrs
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $639.00K USD 3 Qtrs
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-11.45M USD 3 Qtrs
Realized loss (gains) on marketable securities MarketableSecuritiesRealizedGainLoss $4.06M USD 3 Qtrs
Realized loss (gains) on marketable securities MarketableSecuritiesRealizedGainLoss $-2.20M USD 3 Qtrs
Unrealized loss (gains) on non-marketable investments RealizedGainLossOnNonMarketableInvestments $-26.84M USD 3 Qtrs
Unrealized loss (gains) on non-marketable investments RealizedGainLossOnNonMarketableInvestments $20.96M USD 3 Qtrs
Unrealized (gains) on marketable securities MarketableSecuritiesUnrealizedGainLoss $4.45M USD 3 Qtrs
Unrealized (gains) on marketable securities MarketableSecuritiesUnrealizedGainLoss - USD 3 Qtrs
Change in valuation of derivative asset UnrealizedGainLossOnDerivatives $-7.11M USD 3 Qtrs
Change in valuation of derivative asset UnrealizedGainLossOnDerivatives $-37.18M USD 3 Qtrs
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $7.51B USD 3 Qtrs
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.29B USD 3 Qtrs
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $7.82B USD 3 Qtrs
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $6.99B USD 3 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $3.23M USD 3 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $3.90M USD 3 Qtrs
Consolidated net (loss) income, adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $-540.29M USD 3 Qtrs
Consolidated net (loss) income, adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $1.17B USD 3 Qtrs
Receivables, net IncreaseDecreaseInAccountsReceivable $24.29M USD 3 Qtrs
Receivables, net IncreaseDecreaseInAccountsReceivable $-120.73M USD 3 Qtrs
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $102.75M USD 3 Qtrs
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $130.04M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $62.88M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-194.00K USD 3 Qtrs
Accrued compensation IncreaseDecreaseInAccruedSalaries $-98.19M USD 3 Qtrs
Accrued compensation IncreaseDecreaseInAccruedSalaries $13.33M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $24.11M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $-40.03M USD 3 Qtrs
Payables to related parties IncreaseDecreaseInAccountsPayableRelatedParties $-24.37M USD 3 Qtrs
Payables to related parties IncreaseDecreaseInAccountsPayableRelatedParties $5.61M USD 3 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $393.42M USD 3 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-1.34B USD 3 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $18.21M USD 3 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.85M USD 3 Qtrs
Distributions from equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 3 Qtrs
Distributions from equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $7.29M USD 3 Qtrs
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $32.61M USD 3 Qtrs
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $34.74M USD 3 Qtrs
Purchase of non-marketable investments PaymentsToAcquireInvestmentInCostMethodInvestments $28.00M USD 3 Qtrs
Purchase of non-marketable investments PaymentsToAcquireInvestmentInCostMethodInvestments - USD 3 Qtrs
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $23.45M USD 3 Qtrs
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $16.18M USD 3 Qtrs
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $200.00K USD 3 Qtrs
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $845.00K USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $12.51M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-30.61M USD 3 Qtrs
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $8.29B USD 3 Qtrs
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $7.51B USD 3 Qtrs
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $7.80B USD 3 Qtrs
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $6.99B USD 3 Qtrs
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables - USD 3 Qtrs
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables $33.89M USD 3 Qtrs
Borrowing of debt ProceedsFromIssuanceOfOtherLongTermDebt $155.00M USD 3 Qtrs
Borrowing of debt ProceedsFromIssuanceOfOtherLongTermDebt $365.00M USD 3 Qtrs
Repayment of debt RepaymentsOfOtherLongTermDebt $75.00M USD 3 Qtrs
Repayment of debt RepaymentsOfOtherLongTermDebt $95.00M USD 3 Qtrs
Securities loaned ProceedsFromRepaymentsOfSecuritiesLoaned $-36.73M USD 3 Qtrs
Securities loaned ProceedsFromRepaymentsOfSecuritiesLoaned $24.84M USD 3 Qtrs
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock - USD 3 Qtrs
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock $33.98M USD 3 Qtrs
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsToMinorityShareholders $112.69M USD 3 Qtrs
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsToMinorityShareholders $81.88M USD 3 Qtrs
Dividends to stockholders PaymentsOfCapitalDistribution $21.36M USD 3 Qtrs
Dividends to stockholders PaymentsOfCapitalDistribution $51.66M USD 3 Qtrs
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $3.98M USD 3 Qtrs
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $3.41M USD 3 Qtrs
Payment of deferred financing costs PaymentsOfFinancingCosts $1.36M USD 3 Qtrs
Payment of deferred financing costs PaymentsOfFinancingCosts $3.40M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.44B USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-375.90M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-13.09M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $114.79M USD 3 Qtrs
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $174.32M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $221.87M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $336.66M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.41M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $174.32M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $221.87M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $336.66M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.41M USD Point-in-time
Interest InterestPaidNet $22.43M USD 3 Qtrs
Interest InterestPaidNet $19.39M USD 3 Qtrs
Taxes IncomeTaxesPaid $82.94M USD 3 Qtrs
Taxes IncomeTaxesPaid $69.46M USD 3 Qtrs
Right-of-use assets and liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $52.38M USD 3 Qtrs
Right-of-use assets and liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $26.44M USD 3 Qtrs
Stockholders Equity 52 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $890.12M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $978.91M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $884.81M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $940.62M USD Point-in-time
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Consolidated net income ProfitLoss $99.53M USD 1 Quarter
Consolidated net income ProfitLoss $114.40M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetofTaxExcludingOther $-3.42M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetofTaxExcludingOther $-1.14M USD 1 Quarter
Dividends to common stockholders DividendsCommonStockStock $21.36M USD 3 Qtrs
Dividends to common stockholders DividendsCommonStockStock $17.70M USD 1 Quarter
Dividends to common stockholders DividendsCommonStockStock $51.66M USD 3 Qtrs
Dividends to common stockholders DividendsCommonStockStock $1.80M USD 1 Quarter
Preferred dividends on exchangeable preferred partnership units DividendsPreferredStock - USD 3 Qtrs
Preferred dividends on exchangeable preferred partnership units DividendsPreferredStock - USD 1 Quarter
Preferred dividends on exchangeable preferred partnership units DividendsPreferredStock - USD 1 Quarter
Preferred dividends on exchangeable preferred partnership units DividendsPreferredStock - USD 3 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $6.53M USD 1 Quarter
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $67.62M USD 3 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $26.10M USD 1 Quarter
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $44.61M USD 3 Qtrs
Grant of exchangeability, redemption and issuance NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $5.28M USD 1 Quarter
Grant of exchangeability, redemption and issuance NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $7.41M USD 3 Qtrs
Grant of exchangeability, redemption and issuance NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $682.00K USD 1 Quarter
Grant of exchangeability, redemption and issuance NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $-13.18M USD 3 Qtrs
Issuance of limited partnership units including contingent units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $2.71M USD 3 Qtrs
Issuance of limited partnership units including contingent units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $2.71M USD 1 Quarter
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $907.00K USD 3 Qtrs
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $-20.09M USD 1 Quarter
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $-33.98M USD 3 Qtrs
Repurchase of shares of Class A common stock TreasuryStockValueAcquiredParValueMethod - USD 3 Qtrs
Repurchase of shares of Class A common stock TreasuryStockValueAcquiredParValueMethod $7.02M USD 1 Quarter
Restricted stock units compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.29M USD 3 Qtrs
Restricted stock units compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.37M USD 1 Quarter
Restricted stock units compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-1.47M USD 1 Quarter
Redemption of EPUs MinorityInterestDecreaseFromRedemptionsOfExchangeablePartnershipUnits $93.48M USD 1 Quarter
Redemption of EPUs MinorityInterestDecreaseFromRedemptionsOfExchangeablePartnershipUnits $93.48M USD 1 Quarter
Redemption of EPUs MinorityInterestDecreaseFromRedemptionsOfExchangeablePartnershipUnits $93.48M USD 3 Qtrs
Redemption of EPUs MinorityInterestDecreaseFromRedemptionsOfExchangeablePartnershipUnits $93.48M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $382.00K USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $1.28M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $2.80M USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $79.00K USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $890.12M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $978.91M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $884.81M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $940.62M USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Consolidated net income ProfitLoss $99.53M USD 1 Quarter
Consolidated net income ProfitLoss $114.40M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest - USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $3.74M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $1.14M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $110.67M USD 3 Qtrs
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $178.04M USD 3 Qtrs
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $122.57M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $98.39M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $30.56M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $49.77M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $24.18M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $33.87M USD 1 Quarter
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $128.27M USD 3 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $80.10M USD 3 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $88.70M USD 1 Quarter
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $74.21M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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