Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 181,020 $ 220,786
Commissions receivable 5,548 9,586
Prepaid expenses 6,516 9,661
Income tax receivable 0 1,308
Marketable securities, available-for-sale 120,701 73,560
Other assets, net 7,572 5,529
Total current assets 321,357 320,430
Prepaid rent 14,517 15,392
Property and equipment, net 18,169 17,153
Marketable securities, available-for-sale 85,135 52,099
Assets held in rabbi trust 9,115 8,787
Deferred tax assets, net 23,635 22,640
Goodwill and other intangible assets, net 5,639 0
Other assets 32,568 23,163
Total assets 510,135 459,664
Current liabilities:    
Accounts payable and other liabilities 8,780 9,202
Notes payable to former stockholders 1,087 1,035
Deferred compensation and commissions 29,839 49,180
Income tax payable 5,963 0
Accrued bonuses and other employee related expenses 23,103 23,842
Total current liabilities 68,772 83,259
Deferred compensation and commissions 45,418 49,361
Notes payable to former stockholders 6,564 7,651
Deferred rent and other liabilities 6,690 4,505
Total liabilities 127,444 144,776
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at September 30, 2018 and December 31, 2017, respectively 0 0
Common stock, $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 38,651,360 and 38,374,011 at September 30, 2018 and December 31, 2017, respectively 4 4
Additional paid-in capital 97,375 89,877
Stock notes receivable from employees (4) (4)
Retained earnings 285,116 224,071
Accumulated other comprehensive income 200 940
Total stockholders' equity 382,691 314,888
Total liabilities and stockholders' equity $ 510,135 $ 459,664