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Quarterly Information (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information
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