Quarterly Information (unaudited) |
Quarterly Information (unaudited) | | | | | | | | | | | | | | | | | | | | 2016 Fiscal Quarter | (Amounts in thousands, except per share data) | | First | | Second | | Third | | Fourth | | Total revenues | | $ | 159,601 |
| | $ | 176,392 |
| | $ | 206,276 |
| | $ | 227,605 |
| | Interest expense | | 6,045 |
| | 5,909 |
| | 5,429 |
| | 5,142 |
| | Net revenues | | 153,556 |
| | 170,483 |
| | 200,847 |
| | 222,463 |
| | Non-interest expenses | | 150,114 |
| | 163,974 |
| | 182,396 |
| | 281,739 |
| (1) | Income/(loss) before income tax expense/(benefit) | | 3,442 |
| | 6,509 |
| | 18,451 |
| | (59,276 | ) | | Income tax expense/(benefit) | | 256 |
| | 1,996 |
| | 6,515 |
| | (25,895 | ) | | Net income/(loss) | | 3,186 |
| | 4,513 |
| | 11,936 |
| | (33,381 | ) | | Net income applicable to noncontrolling interests | | 749 |
| | 2,575 |
| | 1,278 |
| | 3,604 |
| | Net income/(loss) applicable to Piper Jaffray Companies | | $ | 2,437 |
| | $ | 1,938 |
| | $ | 10,658 |
| | (36,985 | ) | | Net income/(loss) applicable to Piper Jaffray Companies' common shareholders | | $ | 2,124 |
| | $ | 1,577 |
| | $ | 8,582 |
| | $ | (36,985 | ) | (2) | | | | | | | | | | | Earnings/(loss) per common share | | | | | | | | | | Basic | | $ | 0.16 |
| | $ | 0.12 |
| | $ | 0.70 |
| | $ | (3.00 | ) | | Diluted | | $ | 0.16 |
| | $ | 0.12 |
| | $ | 0.70 |
| | $ | (3.00 | ) | (3) | | | | | | | | | | | Weighted average number of common shares | | | | | | | | | | Basic | | 13,160 |
| | 12,927 |
| | 12,282 |
| | 12,337 |
| | Diluted | | 13,172 |
| | 12,942 |
| | 12,298 |
| | 12,353 |
| (3) |
| | (1) | Includes a $82.9 million goodwill impairment charge. |
| | (2) | No allocation of income was made due to loss position. |
| | (3) | Earnings per diluted common share is calculated using the basic weighted average number of common shares outstanding for periods in which a loss is incurred. |
| | | | | | | | | | | | | | | | | | | | 2015 Fiscal Quarter | (Amounts in thousands, except per share data) | | First | | Second | | Third | | Fourth | | Total revenues | | $ | 168,431 |
| | $ | 170,110 |
| | $ | 154,732 |
| | $ | 203,044 |
| | Interest expense | | 6,560 |
| | 6,044 |
| | 5,115 |
| | 5,680 |
| | Net revenues | | 161,871 |
| | 164,066 |
| | 149,617 |
| | 197,364 |
| | Non-interest expenses | | 130,579 |
| | 138,207 |
| | 142,829 |
| | 174,880 |
| | Income before income tax expense | | 31,292 |
| | 25,859 |
| | 6,788 |
| | 22,484 |
| | Income tax expense | | 9,490 |
| | 9,542 |
| | 1,573 |
| | 7,336 |
| | Net income | | 21,802 |
| | 16,317 |
| | 5,215 |
| | 15,148 |
| | Net income/(loss) applicable to noncontrolling interests | | 4,830 |
| | (682 | ) | | 384 |
| | 1,875 |
| | Net income applicable to Piper Jaffray Companies | | $ | 16,972 |
| | $ | 16,999 |
| | $ | 4,831 |
| | $ | 13,273 |
| | Net income applicable to Piper Jaffray Companies' common shareholders | | $ | 15,810 |
| | $ | 15,699 |
| | $ | 4,448 |
| | $ | 12,147 |
| | | | | | | | | | | | Earnings per common share | | | | | | | | | | Basic | | $ | 1.03 |
| | $ | 1.08 |
| | $ | 0.32 |
| | $ | 0.88 |
| | Diluted | | $ | 1.03 |
| | $ | 1.08 |
| | $ | 0.32 |
| | $ | 0.88 |
| | | | | | | | | | | | Weighted average number of common shares | | | | | | | | | | Basic | | 15,294 |
| | 14,487 |
| | 13,938 |
| | 13,775 |
| | Diluted | | 15,332 |
| | 14,513 |
| | 13,952 |
| | 13,782 |
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