Cowen Inc. COWNZ Balance Sheet

Cowen inc. (COWNZ)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and cash equivalents
270,079	301,123	260,994	182,400	235,838	259,148	193,066	207,708	117,680	130,052	117,824	165,474	78,959	110,990	76,925	57,783	67,046	158,485	92,854	145,707	94,666	129,509	66,166	75,012	61,565	54,720	39,217	36,881	36,951	83,538	55,776	80,069	66,218	128,875	83,520	110,175	36,354
Cash collateral pledged
7,538	6,563	18,609	7,097	6,420	6,318	16,092	15,513	14,786	17,888	16,995	15,473	14,696	13,342	13,783	13,772	10,157	10,085	9,129	9,250	8,923	8,306	8,862	8,729	11,269	10,907	10,899	10,891	10,905	9,160	9,269	9,257	9,738	9,785	9,764	9,801	8,633
Segregated cash
131,266	107,328	128,782	139,070	136,964	176,647	154,191	95,309	131,444	116,268	140,656	87,145	-	1,024	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities owned, at fair value ($200,278 and $941,595 were pledged to various parties)
776,046	1,633,552	922,164	900,346	563,121	520,888	644,169	519,688	543,740	673,221	659,772	696,543	656,381	700,876	544,644	471,754	627,767	609,234	864,685	818,274	579,458	792,206	660,602	580,963	469,378	311,039	-	-	-	-	-	-	-	-	-	-	-
Receivable on derivative contracts, at fair value
83,867	62,977	39,754	32,220	21,663	25,125	32,229	25,196	34,913	69,177	32,105	30,829	18,137	22,901	27,428	24,971	45,725	39,618	41,587	80,101	56,953	49,877	35,966	45,043	50,076	10,075	-	-	-	-	-	-	-	-	-	-	-
Securities owned, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	380,599	438,514	472,798	624,127	648,772	807,266	790,665	744,914	801,080	986,424	474,095
Securities borrowed
971,430	754,441	1,228,036	1,390,366	966,857	407,795	713,288	-	-	443,148	-	-	-	-	-	-	-	-	0	0	0	676,100	2,321,556	2,252,521	1,319,938	927,773	-	-	-	406,326	-	-	-	-	-	-	-
Securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	224,573	131,007	166,260	238,149	77,332	97,755
Securities borrowed
-	-	-	-	-	-	713,288	548,121	598,090	-	371,367	100,845	-	0	-	-	-	-	-	-	-	-	-	-	-	-	902,572	581,677	459,719	-	-	-	-	0	-	-	-
Other investments ($113,627 and $114,504 at fair value, respectively)
163,274	185,722	204,168	200,297	200,132	181,407	167,428	169,897	157,293	141,548	141,180	136,360	150,813	157,279	167,450	158,978	166,785	141,647	153,334	157,654	157,226	167,464	130,584	114,551	144,147	99,483	98,162	84,732	80,452	84,930	70,151	68,336	66,351	59,943	51,222	49,042	40,320
Deposits with clearing organizations, brokers and banks
131,900	91,800	91,450	97,723	109,310	89,400	98,646	94,656	101,399	93,996	84,161	79,209	-	8,939	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable from brokers, dealers and clearing organizations, net of allowance of $792 and $721, respectively
773,317	681,695	717,634	617,368	663,072	786,113	644,392	667,880	562,341	508,178	247,136	145,385	163,622	78,898	77,631	116,906	122,542	117,757	115,279	70,366	109,522	84,679	95,149	121,873	56,946	69,146	67,966	25,899	53,310	71,306	103,825	15,238	66,824	56,028	121,616	124,987	95,937
Receivable from customers, net of allowance of $675 and $650, respectively
193,000	105,600	46,126	87,480	36,719	37,900	33,240	55,212	45,966	49,891	45,509	64,195	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees receivable, net of allowance of $2,364 and $2,620, respectively
157,081	126,358	101,508	126,500	130,099	111,946	111,756	138,462	136,541	111,784	110,954	116,330	49,925	45,883	45,787	45,352	41,172	34,413	54,107	70,587	66,086	46,498	43,566	46,630	57,618	45,067	39,174	42,408	36,581	34,707	22,113	18,789	18,980	28,315	21,572	22,442	31,688
Due from related parties
24,802	26,749	27,849	29,007	28,841	33,870	32,509	32,826	30,400	34,814	37,407	40,252	42,792	39,629	32,539	35,525	34,395	39,659	26,209	27,721	23,938	26,315	29,716	29,818	28,812	26,910	26,658	-	-	21,022	-	-	17,278	-	17,686	19,975	16,370
Due from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,024	20,045	-	16,366	16,107	-	17,452	-	-	-
Fixed assets, net of accumulated depreciation and amortization of $34,942 and $32,846, respectively
33,909	33,661	29,977	27,728	27,537	26,443	41,458	38,020	39,827	40,496	35,817	42,341	40,836	42,408	43,463	45,115	37,684	27,231	27,159	24,471	25,006	26,388	27,390	28,097	28,160	26,999	28,580	29,977	31,525	32,202	33,722	34,807	35,829	37,042	46,497	47,064	36,591
Operating right of use assets
88,306	92,852	96,664	101,628	101,796	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
137,728	137,728	137,728	137,728	141,828	60,678	60,678	60,678	60,678	60,678	60,678	60,678	60,678	60,678	60,678	61,880	58,361	58,361	44,261	34,906	34,906	34,906	37,240	37,240	37,240	37,240	36,207	36,207	36,207	28,545	26,211	26,211	20,028	20,028	27,179	27,179	27,179
Intangible assets, net of accumulated amortization of $29,528 and $26,395, respectively
31,989	35,200	37,358	40,604	43,861	24,943	25,998	27,253	28,550	29,955	31,705	33,393	24,465	25,769	27,073	28,381	24,526	25,663	15,410	7,512	7,997	8,483	9,985	10,613	11,353	12,094	12,920	13,917	14,915	12,984	11,668	12,399	5,262	5,760	15,121	16,598	12,754
Deferred tax asset, net
80,848	79,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
-	-	84,041	86,464	90,208	93,057	101,683	105,370	109,208	116,323	158,617	160,453	163,873	165,656	151,237	158,286	146,459	143,560	127,736	123,055	124,201	129,400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Other assets
91,026	84,158	76,916	105,265	91,464	79,014	67,118	73,302	81,667	88,268	75,729	69,065	62,074	38,406	53,081	53,168	43,442	71,531	37,038	36,497	52,454	34,230	26,622	21,490	26,691	15,395	29,158	18,508	23,538	18,048	23,192	23,495	26,241	25,722	41,200	33,277	19,456
Consolidated Funds
Cash and cash equivalents, Consolidated Funds
39,721	30,874	3,364	3,357	2,178	38,118	18,747	13,027	3,666	21,988	11,156	34,407	10,293	17,761	10,370	7,942	12,348	13,934	16,625	977	643	501	368	337	1,825	2,048	1,488	743	3,820	3,559	1,892	307	2,555	297	-	-	7,210
Securities owned, at fair value
355,496	375,278	369,191	345,292	308,800	187,633	108,901	109,088	107,482	165,916	117,630	94,674	91,759	79,237	71,456	53,528	40,523	32,000	19,000	-	-	0	-	-	-	-	0	40,785	0	3,525	3,095	2,234	2,574	6,334	-	-	8,722
Receivable on derivative contracts, at fair value
17,292	5,833	3,885	4,454	3,184	4,416	1,911	1,638	1,866	2,520	1,042	1,015	909	893	429	60	125	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Investments, Consolidated Funds
149,689	175,769	171,186	177,828	186,846	186,395	183,290	389,798	376,886	374,111	401,348	404,490	401,528	401,465	391,872	374,683	394,478	263,818	255,896	267,443	190,287	189,377	197,001	198,564	179,390	187,480	200,210	193,282	193,497	204,205	205,095	227,918	231,478	228,820	-	-	333,374
Receivable from brokers, Consolidated Funds
20,668	25,964	17,907	19,524	39,551	8,328	11,017	8,938	3,913	5,644	8,334	9,710	9,289	5,978	5,333	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets, Consolidated Funds
1,722	1,632	1,463	2,436	23,929	740	355	292	260	388	289	352	518	511	999	1,247	1,401	663	657	452	687	1,437	691	693	689	5,624	458	550	6,699	292	372	625	464	263	-	-	732
Cash and cash equivalents, Consolidated Funds
39,721	30,874	3,364	3,357	2,178	38,118	18,747	13,027	3,666	21,988	11,156	34,407	-	17,761	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,892	307	2,555	-	-	-	7,210
Securities owned, at fair value, Consolidated Funds
355,496	375,278	369,191	345,292	308,800	187,633	108,901	109,088	107,482	165,916	117,630	94,674	-	79,237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,095	2,234	2,574	-	-	-	8,722
Other investments, at fair value, Consolidated Funds
149,689	175,769	171,186	177,828	186,846	186,395	183,290	389,798	376,886	374,111	401,348	404,490	-	401,465	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	205,095	227,918	231,478	-	-	-	333,374
Other assets, Consolidated Funds
1,722	1,632	1,463	2,436	23,929	740	355	292	260	388	289	352	-	511	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	372	625	464	-	-	-	732
Total Assets
4,732,051	5,162,025	4,816,754	4,862,182	4,160,218	3,346,303	3,462,162	3,397,872	3,288,596	3,296,252	2,907,411	2,588,618	2,041,547	2,018,523	1,802,178	1,709,331	1,874,936	1,787,659	1,900,966	1,874,973	1,532,953	2,405,676	3,691,464	3,572,174	2,485,097	1,842,000	1,874,268	1,578,995	1,480,962	1,638,476	1,231,519	1,567,631	1,491,492	1,535,838	1,722,917	1,793,457	1,247,170
Liabilities and Stockholders' Equity
Liabilities
Securities sold, not yet purchased, at fair value
527,471	451,836	364,742	438,584	574,186	195,307	374,518	210,431	261,586	342,527	305,267	254,077	335,676	266,090	212,183	285,414	412,810	257,159	250,739	168,952	163,492	207,875	209,089	235,592	139,347	130,954	-	-	-	177,937	-	-	-	-	-	-	-
Securities sold, not yet purchased, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131,129	153,126	228,833	-	210,705	400,945	319,667	334,251	451,128	442,261	197,916
Securities Sold under Agreements to Repurchase
57,420	23,244	23,772	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,657	6,311	6,311	29,241	165,945	123,839	234,958	294,191	228,783	138,837	169,439	192,165
Payable for derivative contracts, at fair value
72,385	60,761	32,755	22,445	43,583	16,082	30,002	23,874	48,875	42,750	26,317	25,941	14,143	20,762	17,021	14,856	25,134	21,183	26,078	67,096	44,226	41,330	31,369	53,353	50,032	7,674	-	-	-	-	-	-	-	-	-	-	-
Securities Loaned
997,794	1,601,866	1,339,647	1,492,986	852,203	414,852	548,629	-	-	456,831	-	-	-	-	-	-	-	-	0	0	0	682,493	2,324,682	2,250,562	1,310,903	918,577	-	-	-	408,972	-	-	-	-	-	-	-
Securities loaned
-	-	-	-	-	-	548,629	434,466	462,854	-	414,957	142,434	-	0	-	-	-	-	-	-	-	-	-	-	-	-	894,790	581,643	459,336	-	-	-	-	0	-	-	-
Payables to brokers, dealers and clearing organizations
330,096	271,018	271,012	241,012	174,532	228,731	210,326	240,643	247,621	252,153	156,103	267,934	124,451	210,309	127,216	9,296	23,837	131,789	328,902	369,657	227,919	335,822	246,797	185,274	151,109	77,235	149,276	142,312	88,706	188,788	203,250	226,794	165,046	213,360	336,749	321,226	85,655
Payable to customers
488,800	430,200	525,064	428,146	413,050	525,200	470,476	520,566	412,646	352,467	202,727	114,449	70,479	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commission management payable
112,700	71,600	89,124	96,731	103,634	95,300	90,233	92,172	79,805	70,451	77,851	88,894	-	3,590	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Compensation payable
69,631	223,139	157,125	117,634	68,804	226,971	189,249	129,938	85,675	150,206	102,508	68,924	31,794	98,084	59,103	13,235	26,262	150,403	101,780	86,232	67,062	134,289	66,140	39,456	34,152	51,807	30,061	16,165	14,898	45,752	27,313	22,365	19,349	71,223	35,023	26,731	76,204
Operating lease liabilities
91,835	97,581	100,934	106,873	108,368	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable and other debt
407,531	345,451	343,286	315,290	264,273	262,965	271,082	272,602	260,244	173,458	101,267	107,119	77,890	77,030	78,357	104,752	90,081	68,565	66,628	67,447	68,253	67,144	-	-	-	2,564	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings and other debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,608	5,498	6,384	-	3,369	4,376	5,379	4,132	4,516	4,856	5,275	5,650	6,022	6,618	31,733
Convertible debt
119,929	118,688	117,469	116,273	115,099	134,489	133,126	131,683	142,962	141,502	136,189	134,100	132,055	130,029	128,065	126,138	124,251	122,401	123,149	121,556	119,999	118,475	117,031	115,549	114,101	0	-	-	-	-	-	-	-	-	-	-	-
Fees payable
21,162	21,540	33,625	45,881	11,339	22,565	22,258	23,609	19,230	8,047	11,493	10,685	7,876	3,272	6,637	2,524	1,746	5,638	19,296	6,713	21,683	6,331	10,164	9,009	10,833	6,324	8,210	3,489	3,448	5,277	4,972	6,049	8,637	6,206	3,202	6,428	8,797
Due to related parties
-	-	919	675	760	571	571	574	544	570	567	574	573	573	257	264	234	329	320	359	398	474	413	377	408	382	466	-	-	662	-	-	987	-	1,482	2,557	9,187
Accounts payable, accrued expenses and other liabilities
164,540	141,557	142,026	162,921	153,194	110,423	94,731	105,167	110,536	96,533	103,036	110,163	66,833	47,525	62,496	64,967	55,607	52,233	-	-	-	46,606	50,774	48,064	48,563	43,475	-	-	-	56,894	-	-	-	-	-	-	-
Accounts payable, accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,683	38,670	43,367	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	527	618	-	646	771	-	1,914	-	-	-
Accounts payable, accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,017	52,621	60,239	-	60,405	59,850	57,095	60,759	57,050	61,718	42,267
Consolidated Funds
Due to related parties
0	581	615	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold, not yet purchased, at fair value, Consolidated Funds
-	-	-	-	-	-	-	-	-	-	0	0	0	883	1,540	1,553	1,367	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payable for derivative contracts, at fair value
18,066	4,769	7,778	2,616	5,557	1,663	2,189	1,045	1,980	7,130	1,747	620	876	572	276	-	2	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payable to brokers
1,263	864	15,166	11,126	13,903	23,521	1,936	1,992	1,616	751	1,411	8,269	1,652	3,700	3,132	732	2,315	0	-	-	-	-	-	-	-	-	-	10,231	-	-	-	-	-	-	-	-	-
Due to related parties
0	581	615	-	-	0	-	-	-	-	-	-	0	-	0	0	1	3	1,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions received in advance
-	-	-	-	1,000	-	-	-	670	-	0	0	50	2,000	0	0	2,600	850	5,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold, not yet purchased, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,346	-	-	-	-	-	-	-	-	-
Payable to brokers
1,263	864	15,166	11,126	13,903	23,521	1,936	1,992	1,616	751	1,411	8,269	-	3,700	-	-	-	-	-	-	-	-	-	-	-	-	-	10,231	-	-	-	-	-	-	-	-	-
Capital withdrawals payable
9,290	1,276	1,002	4,759	23,246	11,106	11,120	3,557	511	11,931	580	2,181	4,368	1,408	2,378	0	0	78	84	229	213	864	0	1,431	0	5,222	0	0	5,782	2,891	2,841	69	67	394	-	-	7,817
Accounts payable, accrued expenses and other liabilities
1,091	560	455	494	428	424	260	279	128	322	214	340	441	841	410	323	831	124	289	344	289	222	94	62	1,579	549	154	160	302	414	1,042	589	253	246	-	-	1,827
Capital withdrawals payable, Consolidated Funds
9,290	1,276	1,002	4,759	23,246	11,106	11,120	3,557	511	11,931	580	2,181	-	1,408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,841	69	67	-	-	-	7,817
Accounts payable, accrued expenses and other liabilities, Consolidated Funds
1,091	560	455	494	428	424	260	279	128	322	214	340	-	841	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,042	589	253	-	-	-	1,827
Total Liabilities
3,491,006	3,866,575	3,566,516	3,604,446	2,927,159	2,270,093	2,450,706	2,192,598	2,137,483	2,107,629	1,642,234	1,336,704	869,157	866,668	699,071	624,054	767,078	810,755	966,948	927,255	756,901	1,641,925	3,061,161	2,944,227	1,867,411	1,248,420	1,272,783	981,307	896,782	1,057,664	639,529	957,246	870,567	922,786	1,029,709	1,041,150	653,568
Commitments and Contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Commitments and Contingencies (Note 16)
318,001	391,275	348,424	440,312	418,277	216,923	203,212	412,067	392,326	440,604	421,661	418,009	394,132	379,205	331,883	315,123	324,938	186,911	171,245	162,082	85,965	86,076	91,429	92,935	85,448	85,814	90,179	91,562	81,031	85,703	88,011	98,460	103,429	104,587	107,970	114,349	144,346
Stockholders' equity
Preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,119,534	1,110,635	1,103,941	1,093,898	1,084,534	1,062,877	1,061,274	1,052,717	1,014,904	1,004,664	1,000,923	994,126	937,425	928,646	921,062	914,846	908,462	903,429	896,933	888,686	777,994	772,296	766,961	763,152	757,359	737,341	733,286	728,976	724,235	713,211	709,005	701,953	694,371	688,427	680,355	674,205	504,480
(Accumulated deficit) retained earnings
-29,869	-16,809	-20,334	-22,449	-26,563	-34,648	-38,029	-51,819	-55,520	-70,116	7,554	4,586	-1,156	-2,442	1,160	6,077	18,231	23,627	-5,317	6,632	671	-16,027	-158,498	-165,021	-173,403	-183,243	-185,762	-189,348	-190,441	-187,865	-178,516	-167,931	-159,985	-163,980	-84,083	-35,851	-55,970
Accumulated other comprehensive income (loss)
-5	-5	-5	-3	-5	-5	-3	-7	-7	-8	-8	-8	-4	-2	-3	-5	-3	0	13	16	15	17	272	453	537	592	139	110	335	356	161	27	-175	-215	-469	375	20
Less: Class A common stock held in treasury, at cost, 20,220,846 and 18,605,581 shares as of March 31, 2020 and December 31, 2019, respectively.
305,200	284,300	266,882	254,357	243,519	234,100	215,323	208,009	200,915	186,846	165,278	165,124	158,300	153,845	152,163	151,932	144,938	137,356	130,024	110,860	89,753	79,771	71,021	64,732	53,415	48,084	-	-	-	31,728	-	-	-17,850	-	11,700	1,901	0
Cowen Inc. Stockholders' Equity
784,803	809,855	817,055	817,424	814,782	794,407	808,244	793,207	758,787	748,019	843,516	833,905	778,258	772,650	771,224	770,154	782,920	789,993	762,773	785,636	690,087	677,675	538,874	535,012	532,238	507,766	511,306	506,126	503,149	495,109	503,979	511,925	517,496	508,465	585,238	637,958	449,256
Nonredeemable non-controlling interests
138,241	94,320	84,759	-	-	64,880	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Permanent Equity
923,044	904,175	901,814	-	-	859,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities and Stockholders' Equity
4,732,051	5,162,025	4,816,754	4,862,182	4,160,218	3,346,303	3,462,162	3,397,872	3,288,596	3,296,252	2,907,411	2,588,618	2,041,547	2,018,523	1,802,178	1,709,331	1,874,936	1,787,659	1,900,966	1,874,973	1,532,953	2,405,676	3,691,464	3,572,174	2,485,097	1,842,000	1,874,268	1,578,995	1,480,962	1,638,476	1,231,519	1,567,631	1,491,492	1,535,838	1,722,917	1,793,457	1,247,170
Convertible Preferred Stock
Preferred stock
1	1	1	1	1	1	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Class A
Common stock
334	334	334	334	334	324	-	-	-	324	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Class A common stock held in treasury, at cost, 20,220,846 and 18,605,581 shares as of March 31, 2020 and December 31, 2019, respectively.
305,192	284,301	266,882	254,357	243,519	234,142	-	-	-	186,846	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Permanent Equity
923,044	904,175	901,814	-	-	859,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Class B
Common stock
0	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-