Associated capital group, inc. (AC)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14
Assets [Abstract]
Cash and cash equivalents at beginning of period

358,594

348,588

350,934

361,564

396,020

409,564

348,887

273,770

283,972

293,112

242,302

319,528

307,651

314,093

402,403

194,726

203,239

205,750

363,055

361,082

320,373

285,530

Total investments in securities

222,807

300,357

-

-

-

229,960

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total debt and equity financial instruments excluding investments in affiliates.

-

-

245,063

260,608

219,104

-

268,414

306,867

267,925

352,637

293,872

175,128

193,120

342,797

106,472

191,937

184,819

333,624

92,822

106,579

120,834

-

Investment in GBL stock (3,016,501 shares)

-

-

58,973

57,826

61,838

-

87,269

99,714

92,523

-

130,737

130,034

129,990

-

125,070

143,960

162,807

-

0

0

0

-

Investments in securities (Including GBL stock with a market value of $136.4 million and $0 at December 31, 2015 and December 31, 2014, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

220,595

Total debt and equity financial instruments in affiliated registered investment companies including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale.

121,734

159,311

152,453

147,188

150,563

142,135

146,446

142,977

140,746

145,914

143,065

140,690

136,284

131,645

126,222

117,768

115,916

118,676

115,046

126,305

120,831

39,537

Total investments in partnerships and offshore funds.

136,937

145,372

143,658

137,090

126,139

118,729

142,283

145,845

140,584

145,591

141,094

129,823

130,058

129,398

128,198

120,855

113,147

105,051

101,022

108,947

106,940

107,646

Receivable from brokers

17,403

24,150

23,702

24,163

26,980

24,629

18,352

21,105

18,535

34,881

15,753

12,592

12,021

12,588

19,807

21,269

23,278

56,510

52,595

56,384

19,526

74,407

Carrying amount of fees receivable from providing investment advisory services.

1,311

9,582

1,287

1,259

1,188

4,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment advisory fees receivable

-

-

-

-

-

-

1,367

1,337

1,485

5,739

1,433

1,436

1,349

9,784

1,932

1,562

1,463

4,896

1,991

1,595

1,461

4,145

Receivable from affiliates

627

4,369

738

626

731

1,309

415

1,570

1,235

15,866

3,174

2,454

1,524

1,523

7,917

6,064

3,507

7,457

202

291

299

402

Deferred tax assets (including taxes receivable of $1,297 in 2020)

22,128

2,004

4,403

2,998

6,871

9,422

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and intangible assets

-

-

3,519

3,519

3,519

-

3,519

3,519

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes receivable and deferred tax assets

-

-

-

-

-

-

-

-

1,241

-

-

-

0

-

-

-

-

-

-

-

-

-

Goodwill

3,519

3,519

-

-

-

3,519

-

-

3,422

3,422

3,422

3,422

3,422

3,422

3,422

3,422

3,254

3,254

3,254

3,254

3,254

3,254

Other assets

19,030

13,654

8,395

7,319

1,743

10,772

4,037

2,224

3,675

9,753

4,667

11,730

2,214

7,353

3,368

1,364

1,270

1,530

882

2,186

2,523

19,178

Total assets

904,090

1,010,906

993,125

1,004,160

994,696

954,433

1,020,989

998,928

955,343

1,006,915

979,519

926,837

917,633

952,603

924,811

802,927

812,700

836,748

730,869

766,623

696,041

754,694

Liabilities and equity [Abstract]
Payable to brokers

8,819

14,889

10,557

9,347

17,423

5,511

13,325

13,034

5,621

13,281

13,421

10,121

6,168

2,396

1,549

18,972

12,251

50,648

49,365

48,885

10,127

43,397

Income taxes payable

0

3,676

3,888

872

7,222

3,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due and the cumulative amount for all deferred tax liabilities as of the balance sheet date arising from temporary differences between accounting income in accordance with generally accepted accounting principles and tax-basis income that will result in future taxable income exceeding future accounting income.

-

-

-

-

-

-

827

1,685

0

5,484

4,346

3,499

4,506

6,978

2,014

6,091

13,357

5,669

8,832

16,556

17,367

16,363

Compensation payable

5,665

20,246

11,594

9,457

7,511

11,388

6,790

4,829

2,982

12,785

9,439

7,665

5,991

17,676

8,499

6,012

4,893

10,926

5,046

6,077

4,571

9,179

Securities sold, not yet purchased

17,422

16,419

25,475

46,010

17,118

9,574

22,353

13,332

5,211

5,731

9,059

9,101

7,519

9,984

4,215

6,570

8,014

9,623

5,577

9,825

8,569

10,595

Mandatorily redeemable noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,421

1,129

1,257

1,281

1,298

1,302

Payable to affiliates

637

483

472

481

1,135

515

602

655

482

442

436

523

560

1,455

331

362

673

0

23,369

23,190

22,760

20,733

Accrued expenses and other liabilities

4,835

7,373

2,643

4,137

4,502

7,820

2,148

2,150

2,649

4,815

2,491

4,923

7,008

35,862

6,135

6,007

4,072

1,466

1,846

1,768

1,619

1,864

Total liabilities

37,378

63,086

54,629

70,304

54,911

38,385

46,045

35,685

16,945

42,538

39,192

35,832

31,752

74,351

22,743

44,014

44,681

79,461

95,292

107,582

66,311

103,433

Redeemable noncontrolling interests

45,909

50,385

49,699

49,668

50,781

49,800

51,119

51,307

50,604

46,230

42,119

4,085

4,050

4,230

3,999

3,929

3,752

5,738

6,018

5,943

5,519

68,334

Commitments and contingencies (Note L)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

Equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

1,003,450

1,003,450

1,006,065

1,006,065

1,008,319

1,008,319

1,010,577

1,010,577

1,010,577

1,010,505

1,009,852

1,007,990

1,007,471

1,007,027

1,006,502

1,005,150

999,644

999,000

0

0

0

0

Parent Company Equity - pre Spin-off

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

624,792

643,726

614,895

573,749

Retained earnings/(Accumulated Deficit)

-74,056

-701

-11,723

-17,674

-16,742

-39,889

426

7,805

-1,717

13,800

364

-1,155

-5,751

7,327

6,102

2,150

1,131

2,072

0

0

0

0

A paid-in-kind promissory note issued by GAMCO to AC Group in the original principal amount of $250.0 million used to partially capitalize the Company in connection with the spin-off.

-

-

-

-

-

-

-

-

-

50,000

-

-

-

-

-

-

-

-

-

-

-

-

GBL 4% PIK Note

-

-

-

-

-

-

0

-20,000

-40,000

-

-70,000

-80,000

-90,000

-100,000

-100,000

-250,000

-250,000

-250,000

-

-

-

-

GBL 4% PIK Note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

GBL 4% PIK Note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Accumulated other comprehensive income

-

-

-

-

-

-

0

0

0

6,712

15,518

13,832

11,886

1,317

-7,633

1,703

12,933

-1,857

4,767

9,372

9,316

9,178

Treasury stock, at cost (3,198,664 and 3,116,873 shares outstanding, respectively)

109,567

106,342

105,570

104,228

102,598

102,207

87,203

86,471

81,091

62,895

57,551

53,772

41,800

41,674

6,927

4,044

2,464

44

0

0

0

0

Total Associated Capital Group, Inc. equity

819,852

896,432

888,797

884,188

889,004

866,248

923,825

911,936

887,794

918,147

898,208

886,920

881,831

874,022

898,069

754,984

761,269

749,196

629,559

653,098

624,211

582,927

Noncontrolling interests

951

1,003

-

-

-

0

-

-

-

-

-

-

-

-

-

-

2,998

2,353

0

0

0

0

Total equity

820,803

897,435

-

-

-

866,248

-

-

-

918,147

-

886,920

-

874,022

-

754,984

764,267

751,549

629,559

653,098

624,211

582,927

Total liabilities and equity

904,090

1,010,906

993,125

1,004,160

994,696

954,433

1,020,989

998,928

955,343

1,006,915

979,519

926,837

917,633

952,603

924,811

802,927

812,700

836,748

730,869

766,623

696,041

754,694

Class A [Member]
Common stock

6

6

6

6

6

6

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

Class B [Member]
Common stock

19

19

19

19

19

19

-

-

-

19

-

-

-

-

-

-

-

-

-

-

-

-