PZENA INVESTMENT MANAGEMENT, INC. PZN Balance Sheet

Pzena investment management, inc. (PZN)

Balance Sheet / Quarterly

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 ($4,112 and $4,190)
20,527	52,480	35,685	33,783	14,731	38,099	31,913	52,541	27,347	63,414	47,910	34,749	20,047	43,522	31,062	24,838	20,470	35,417	33,643	24,441	21,105	39,109	37,233	26,055	25,754	33,878	34,962	25,675	24,459	32,645	38,130	31,890	27,801	35,083	36,862	25,196	16,381
Restricted Cash
1,040	1,036	1,033	1,031	1,029	1,028	1,026	1,024	1,021	1,017	4,590	4,298	3,831	3,636	3,507	3,466	3,418	3,552	3,659	3,769	3,485	2,810	2,715	2,690	316	316	1,031	1,031	1,031	1,030	1,030	1,030	1,030	1,030	1,423	1,422	1,420
Due from Broker ($0 and $145)
14	149	-	255	177	64	894	698	1,410	1,875	128	820	437	842	319	626	205	297	556	529	705	94	374	1,189	754	58	232	85	1,639	22	3,744	1,975	2,985	457	31	2,095	30
Advisory Fees Receivable
29,241	32,887	30,392	-	-	32,590	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advisory Fees Receivable
-	-	-	32,659	32,866	-	34,398	33,651	37,689	32,531	31,906	29,724	29,105	26,326	25,584	21,516	21,305	22,248	24,571	23,790	23,014	22,939	24,588	23,904	23,401	23,947	19,900	18,374	16,801	14,626	14,586	14,430	16,164	14,717	15,302	17,329	15,275
Investments in Marketable Securities, at Fair Value ($3118 and $3,589)
-	-	-	-	-	-	-	4,860	4,990	-	20,254	18,853	-	14,323	-	-	-	27,452	-	-	-	27,945	-	15,289	12,995	7,621	7,237	8,323	6,967	5,170	5,106	4,599	4,933	4,919	5,341	6,339	3,323
Equity Method Investments ($442 and $338)
-	-	-	-	-	-	-	16,035	16,107	-	7,955	8,106	-	7,987	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments ($574 and $3,813)
24,565	55,934	53,274	40,501	39,033	50,470	58,170	-	-	21,737	-	-	25,396	-	20,082	18,594	18,302	-	28,369	33,143	32,239	-	14,989	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable from Related Parties
2,755	1,869	1,829	1,818	1,816	4,239	1,251	2,110	2,053	1,453	1,470	1,485	1,442	1,008	1,130	1,347	1,189	1,054	325	313	305	107	129	124	211	119	126	131	130	83	162	101	86	66	63	41	63
Other Receivables ($0 and $10)
640	599	508	411	431	474	196	197	142	132	116	145	329	302	660	652	590	589	542	606	654	647	483	476	564	550	565	536	536	51	144	116	64	54	194	118	210
Prepaid Expenses and Other Assets
2,531	2,408	1,839	2,358	1,494	1,386	906	957	1,115	990	709	844	924	769	649	905	1,031	802	933	798	1,100	845	621	731	882	577	758	666	893	585	425	569	609	688	509	697	914
Right-of-use Assets
13,264	13,860	13,748	14,222	14,704	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Asset
31,606	32,683	33,695	34,473	35,631	37,232	35,984	36,955	38,294	39,639	70,417	72,160	73,726	73,441	15,039	14,740	15,217	14,995	17,139	13,967	13,981	14,618	14,694	12,505	11,337	12,312	13,254	10,372	10,904	9,688	9,991	8,278	9,239	8,835	9,859	10,559	8,834
Property and Equipment, Net of Accumulated Depreciation of $5,070 and $4,765, respectively
5,274	5,547	5,696	5,432	5,658	5,394	5,631	5,789	6,004	6,259	6,424	6,503	6,729	6,965	7,196	7,459	7,713	7,903	8,013	7,639	5,997	2,772	1,027	869	863	835	829	707	740	779	755	807	864	829	1,796	1,896	1,952
TOTAL ASSETS
131,457	199,452	177,699	166,943	147,570	170,976	170,369	154,817	136,172	169,047	191,879	177,687	161,966	179,121	105,228	94,143	89,440	114,309	117,750	108,995	102,585	111,886	96,853	83,832	77,077	80,213	78,894	65,900	64,100	64,679	74,073	63,795	63,775	66,678	71,380	65,692	48,402
LIABILITIES AND EQUITY
Liabilities:
Accounts Payable and Accrued Expenses ($21 and $19)
21,206	44,713	31,935	26,227	18,018	37,266	31,962	22,910	14,850	31,983	24,822	18,777	11,883	24,648	19,947	14,987	9,856	7,885	19,629	14,061	9,061	5,974	16,688	11,071	6,751	5,570	14,577	10,059	6,735	4,305	15,371	11,526	7,899	6,062	13,114	9,551	3,879
Due to Broker
6	40	-	83	74	360	608	475	1,165	144	571	608	635	17	291	382	181	30	794	1,248	752	698	259	1,119	5,233	5	64	68	1,649	23	1,741	1,415	2,947	0	32	9	-
Securities Sold Short, at Fair Value
-	-	-	-	-	-	-	-	-	-	3,586	3,291	2,965	2,622	2,483	2,496	2,555	2,231	2,337	2,406	2,404	1,572	1,462	1,438	-	0	-	-	-	-	-	-	-	-	-	-	-
Liability to Selling and Converting Shareholders
28,652	28,652	32,389	32,389	32,389	32,389	36,441	36,441	36,441	36,441	65,485	65,485	65,485	65,485	17,511	16,310	15,953	15,075	19,778	16,275	15,603	15,358	15,860	12,955	10,959	12,777	12,859	9,602	9,373	9,656	11,710	9,783	10,098	11,218	11,944	11,720	9,287
Lease Liabilities
13,627	14,235	14,135	14,622	15,066	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Compensation Liability
838	3,600	3,590	2,410	1,190	1,845	3,490	2,347	1,200	918	3,145	2,163	1,047	4,157	2,860	1,762	900	2,896	2,096	1,550	744	2,211	1,637	1,105	615	2,339	1,649	1,039	519	1,327	975	620	321	1,173	879	681	875
Lease Liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	247	743	248	354	460	565	672	778	884	991	1,097	1,203	1,335	1,488	1,641	1,795	-	-	0
Other Liabilities
0	2	-	-	0	108	415	289	316	272	704	956	1,024	858	929	826	823	730	548	819	648	686	274	294	104	195	135	146	162	199	206	224	242	206	486	530	565
TOTAL LIABILITIES
64,329	91,242	82,049	75,731	66,737	71,968	72,916	62,462	53,972	69,758	98,313	91,280	83,039	97,787	44,021	36,763	30,268	28,847	45,429	37,102	29,460	26,853	36,640	28,547	24,334	21,664	30,168	21,905	19,535	16,713	31,338	25,056	23,148	20,454	26,455	22,491	14,606
Commitments and Contingencies (see Note 12)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity:
Preferred Stock (Par Value $0.01; 200,000,000 Shares Authorized; None Outstanding)
-	-	-	-	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
3,355	4,829	59	289	0	3,913	2,372	4,673	-	7,915	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-In Capital
-	-	-	-	-	-	-	-	5,800	-	7,056	6,795	7,146	5,996	5,468	5,799	5,224	5,819	5,636	5,749	7,505	8,007	10,081	9,633	9,939	9,750	10,548	10,935	11,993	11,765	12,277	11,999	12,066	12,000	11,866	11,360	10,836
Retained Earnings
18,267	26,439	28,454	25,512	22,684	28,871	26,854	23,117	20,177	24,214	25,778	23,308	21,200	22,349	11,852	10,178	9,224	12,453	10,697	9,243	7,709	10,264	8,190	6,532	4,773	6,491	4,578	2,988	2,090	2,693	2,073	1,127	830	1,832	1,780	1,581	-357
Accumulated Other Comprehensive Income
119	-3	63	37	18	35	18	11	-23	-5	1	-11	-22	-25	-16	-12	-3	-2	-1	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Pzena Investment Management, Inc.'s Equity
21,912	31,444	28,752	26,016	22,880	33,002	29,417	27,976	26,131	32,304	33,007	30,264	28,497	28,493	17,468	16,129	14,596	18,422	16,484	15,119	15,343	18,401	18,403	16,287	14,833	16,362	15,246	14,044	14,206	14,569	14,462	13,231	13,001	13,937	13,751	13,039	10,572
Non-Controlling Interests
45,216	76,766	66,898	65,196	57,953	66,006	68,036	64,379	56,069	66,985	60,559	56,143	50,430	52,841	43,739	41,251	44,576	67,040	55,837	56,774	57,782	66,632	41,810	38,998	37,910	42,187	33,480	29,951	30,359	33,397	28,273	25,508	27,626	32,287	31,174	30,162	23,224
TOTAL EQUITY
67,128	108,210	95,650	91,212	80,833	99,008	97,453	92,355	82,200	99,289	93,566	86,407	78,927	81,334	61,207	57,380	59,172	85,462	72,321	71,893	73,125	85,033	60,213	55,285	52,743	58,549	48,726	43,995	44,565	47,966	42,735	38,739	40,627	46,224	44,925	43,201	33,796
TOTAL LIABILITIES AND EQUITY
131,457	199,452	177,699	166,943	147,570	170,976	170,369	154,817	136,172	169,047	191,879	177,687	161,966	179,121	105,228	94,143	89,440	114,309	117,750	108,995	102,585	111,886	96,853	83,832	77,077	80,213	78,894	65,900	64,100	64,679	74,073	63,795	63,775	66,678	71,380	65,692	48,402
Common Class A
Common Stock
171	179	176	178	178	183	-	-	-	180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL EQUITY
171	179	176	178	178	183	-	-	-	180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Class B
Common Stock
0	0	-	-	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-