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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Commissions $ 79,093 $ 67,018
Information and post-trade services 7,779 7,679
Investment income 418 183
Other 1,283 1,891
Total revenues 88,573 76,771
Expenses    
Employee compensation and benefits 24,527 21,174
Depreciation and amortization 4,681 4,612
Technology and communications 4,304 4,338
Professional and consulting fees 3,862 3,282
Occupancy 1,161 992
Marketing and advertising 1,778 1,192
General and administrative 3,890 2,679
Total expenses 44,203 38,269
Income before income taxes 44,370 38,502
Provision for income taxes 15,407 13,909
Net income $ 28,963 $ 24,593
Net income per common share    
Basic $ 0.79 $ 0.67
Diluted 0.77 0.65
Cash dividends declared per common share $ 0.26 $ 0.20
Weighted average shares outstanding    
Basic 36,775 36,706
Diluted 37,671 37,626