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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Revenues $ 124,491 $ 114,714
Expenses    
Employee compensation and benefits 32,658 28,834
Depreciation and amortization 6,082 5,269
Technology and communications 5,782 5,779
Professional and consulting fees 5,831 5,057
Occupancy 2,949 3,337
Marketing and advertising 2,299 2,065
Clearing costs 2,577 1,725
General and administrative 3,124 2,475
Total expenses 61,302 54,541
Operating income 63,189 60,173
Other income (expense)    
Investment income 1,989 1,168
Other, net 42 (328)
Total other income 2,031 840
Income before income taxes 65,220 61,013
Provision for income taxes 12,698 13,073
Net income $ 52,522 $ 47,940
Net income per common share    
Basic $ 1.42 $ 1.30
Diluted 1.39 1.27
Cash dividends declared per common share $ 0.51 $ 0.42
Weighted average shares outstanding    
Basic 37,043 36,954
Diluted 37,832 37,886
Commissions [Member]    
Revenues    
Revenues $ 112,760 $ 102,772
Information Services [Member]    
Revenues    
Revenues 7,366 7,066
Post-trade Services [Member]    
Revenues    
Revenues 4,100 4,576
Other [Member]    
Revenues    
Revenues $ 265 $ 300