PIPER SANDLER COMPANIES PJC Balance Sheet

Piper sandler companies (PJC)

Balance Sheet / Yearly

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	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
128	250	24	23	18	50	68	26	27	33	40	26	18	41	51	172	49	189	44	14	9	15	14	55	34	123	13	69	22	105	41	39	54	85	42	70	43	50	38	46	43
Cash and cash equivalents segregated for regulatory purposes
-	-	-	-	-	-	-	-	-	-	6	17	53	29	46	42	47	81	27	32	27	25	38	44	44	43	25	27	45	31	33	17	16	25	9	30	7	27	20	4	9
Customers
-	-	-	-	-	-	-	-	-	-	0	31	23	31	87	52	29	41	49	39	26	9	25	64	19	11	31	20	17	13	17	52	58	24	47	89	60	42	80	57	71
Receivables from Brokers-Dealers and Clearing Organizations
16	283	175	98	47	235	174	219	46	145	80	187	194	212	169	100	185	147	325	166	202	161	291	158	230	127	242	122	165	148	169	155	146	124	144	213	174	188	145	250	262
Securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	0	148	227	159	147	142	117	136	231	183	385	308	263	156	176	167	185	117	95	145	88	112	179	160	195	250	231	258	259	231	149
Financial instruments and other inventory positions owned
241	434	308	362	305	479	635	520	529	663	763	530	567	464	488	337	426	283	482	412	535	507	459	569	417	406	414	327	465	384	421	404	427	391	418	326	368	358	523	438	587
Financial instruments and other inventory positions owned and pledged as collateral
369	205	361	223	336	147	162	289	503	720	335	414	451	594	592	630	675	707	608	1,023	1,211	1,108	1,023	899	908	957	1,118	1,154	1,090	826	734	782	572	405	704	653	493	515	415	408	212
Total financial instruments and other inventory positions owned
611	639	670	586	641	627	798	809	1,033	1,383	1,099	944	1,018	1,058	1,080	968	1,101	990	1,090	1,435	1,747	1,616	1,483	1,469	1,325	1,364	1,533	1,481	1,555	1,211	1,155	1,186	999	797	1,123	979	862	874	939	846	799
Fixed assets (net of accumulated depreciation and amortization of $68,397 and $65,991, respectively)
36	29	30	30	31	32	31	27	24	25	24	24	25	25	23	21	20	18	18	19	18	18	17	15	15	16	15	13	13	15	16	19	22	21	22	22	21	21	20	15	16
Goodwill
181	87	88	81	81	81	81	81	81	81	81	196	196	196	278	290	289	217	219	211	211	211	211	211	210	210	210	196	196	196	202	202	202	196	322	322	322	322	316	316	164
Intangible Assets, Net (Excluding Goodwill)
164	16	16	2	10	4	14	17	20	22	25	29	33	37	41	37	41	30	26	27	28	30	32	35	37	39	41	37	39	41	45	47	49	48	53	55	57	59	61	63	12
Investments, Excluding Financial Instruments Owned
141	158	155	175	152	151	152	155	169	176	179	164	159	168	144	163	163	165	158	166	144	126	125	116	130	112	49	45	39	85	52	51	47	40	47	64	54	54	52	46	33
Net deferred income tax assets
79	68	61	62	88	72	103	98	95	101	145	-	-	97	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use lease asset
74	40	41	42	41	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
82	55	79	69	56	46	68	77	77	54	55	161	163	67	140	129	131	117	107	114	114	100	96	98	91	102	143	144	132	88	137	114	112	121	125	122	125	133	124	124	139
Assets held for sale
-	-	0	32	-	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	5	4	-	-	-	11	-	-	-	-	-	-	-
Total assets
1,517	1,628	1,343	1,206	1,169	1,345	1,493	1,514	1,577	2,024	1,739	1,931	2,113	2,125	2,211	2,121	2,178	2,138	2,299	2,410	2,917	2,623	2,600	2,425	2,317	2,318	2,492	2,276	2,329	2,087	1,960	1,999	1,888	1,655	2,135	2,221	1,962	2,033	2,060	2,003	1,703
Liabilities and Shareholders' Equity
Short-term financing
99	49	49	49	49	49	49	51	186	289	76	330	297	418	425	501	459	446	415	500	517	377	338	362	435	514	663	542	409	477	446	428	340	168	195	224	125	193	107	57	90
Senior notes
175	175	-	-	-	0	125	125	125	125	125	125	175	175	175	175	175	175	125	125	125	125	125	125	125	125	125	125	125	125	-	-	-	0	-	-	-	-	120	120	120
Bank syndicated financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	88	108	115	117	120	122	125	-	-	0
Customers
-	-	-	-	-	-	-	-	-	-	0	28	41	29	50	47	44	37	49	31	34	13	35	45	40	33	40	32	75	42	51	35	34	29	36	69	65	51	62	50	48
Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization
16	7	4	1	6	8	6	5	33	19	54	42	204	40	201	132	170	48	95	95	176	25	84	240	110	27	126	129	104	60	151	172	141	35	76	21	37	18	75	47	71
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	0	10	10	15	22	33	51	45	43	68	169	102	66	11	52	4	36	0	83	50	50	157	137	109	362	368	320	239	313	323	36
Financial Instruments Sold, Not yet Purchased, at Fair Value
147	185	214	147	174	177	254	367	320	399	357	330	404	299	255	211	264	239	389	460	778	738	768	518	512	512	513	481	592	357	271	282	291	303	347	414	373	365	400	468	335
Accrued compensation
126	300	196	187	143	323	252	182	127	400	288	187	117	288	202	137	106	251	175	135	81	228	181	134	78	159	92	58	35	132	97	62	40	108	91	75	40	147	88	65	157
Accrued lease liability
91	57	59	56	56	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities and accrued expenses
65	46	57	32	25	45	57	45	49	49	50	41	40	42	38	55	53	62	172	40	46	43	53	57	44	58	37	37	42	53	37	28	36	34	37	65	44	73	88	53	65
Disposal Group, Including Discontinued Operation, Liabilities
-	-	0	4	-	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-
Total liabilities
721	822	581	480	455	614	746	777	842	1,283	953	1,096	1,291	1,309	1,372	1,294	1,325	1,305	1,466	1,456	1,929	1,654	1,655	1,495	1,400	1,436	1,635	1,408	1,468	1,297	1,189	1,257	1,130	905	1,264	1,358	1,128	1,215	1,256	1,186	924
Shareholders’ equity:
Common stock, $0.01 par value: Shares authorized: 100,000,000 at March 31, 2020 and December 31, 2019; Shares issued: 19,526,398 at March 31, 2020 and 19,526,533 at December 31, 2019; Shares outstanding: 13,783,930 at March 31, 2020 and 13,717,315 at December 31, 2019
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	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
790	757	757	756	772	796	801	801	802	791	786	784	784	788	781	775	773	752	751	751	754	735	737	738	738	740	739	739	741	754	757	757	757	791	794	796	801	836	836	842	803
Retained earnings
227	258	225	187	182	182	169	153	152	176	227	281	272	257	294	283	281	279	265	261	244	227	214	199	181	163	136	131	128	118	106	87	80	77	193	197	186	179	170	163	155
Less common stock held in treasury, at cost: 5,742,468 shares at March 31, 2020 and 5,809,218 shares at December 31, 2019
287	284	284	284	291	300	270	268	266	273	274	274	277	284	288	282	249	247	222	223	167	143	148	151	153	170	169	141	118	140	140	141	117	151	150	152	155	203	202	189	181
Accumulated other comprehensive loss
-1	-0	-1	-1	-1	-1	-1	-1	-0	-1	-1	-1	-2	-2	-2	-1	-0	-0	0	0	-0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1
Total common shareholders' equity
729	731	696	657	661	677	700	685	687	693	738	789	778	759	784	775	805	783	795	789	830	819	804	787	767	734	707	729	752	733	724	703	721	718	839	842	833	813	804	817	778
Noncontrolling interests
66	75	65	68	52	52	47	51	47	47	48	45	43	57	54	52	47	49	37	164	156	149	140	141	149	147	149	137	109	56	45	38	35	32	31	20	-	4	-	-	-
Total shareholders' equity
796	806	762	725	713	730	747	737	735	741	786	834	821	816	839	827	852	832	832	953	987	969	945	929	917	882	856	867	861	790	770	741	757	750	870	862	-	818	-	-	-
Total liabilities and shareholders' equity
1,517	1,628	1,343	1,206	1,169	1,345	1,493	1,514	1,577	2,024	1,739	1,931	2,113	2,125	2,211	2,121	2,178	2,138	2,299	2,410	2,917	2,623	2,600	2,425	2,317	2,318	2,492	2,276	2,329	2,087	1,960	1,999	1,888	1,655	2,135	2,221	1,962	2,033	2,060	2,003	1,703