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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income $ 13,632 $ 10,281
Adjustments to reconcile net income to net cash provided by operating activities:    
Benefit from deferred income taxes (576) (116)
Share-based compensation 3,469 2,800
Depreciation and amortization 577 537
Net gains on investments (396) (115)
Net (income)/loss from equity method investments (165) 44
Amortization of bond premiums 10 21
Excess income tax benefit from share-based compensation (5,303) (1,715)
Income tax benefit from dividends paid on unvested shares (424) (433)
(Increase)/decrease in operating assets:    
Accounts receivable (2,710) (345)
Prepaid taxes and other current assets (6,988) (884)
Trading securities 1,165 (6,777)
Increase/(decrease) in operating liabilities:    
Accounts payable and accrued liabilities 3,866 91
Accrued compensation and benefits 2,729 6,787
Income taxes payable 3,607 1,499
Deferred rent 1,142 (82)
Net cash provided by operating activities 13,635 11,593
Cash flows from investing activities:    
Proceeds from available-for-sale securities, net 1,930 1,745
Proceeds from equity method investments 1,000  
Proceeds from redemption of held-to-maturity securities 700  
Capital expenditures (5,165) (173)
Security deposits (34) 101
Net cash (used in)/provided by investing activities (1,569) 1,673
Cash flows from financing activities:    
Dividends (22,051) (3,265)
Repurchase of common shares (134) (1,943)
Excess income tax benefit from share-based compensation 5,303 1,715
Income tax benefit from dividends paid on unvested shares 424 433
Proceeds from stock option exercises 1,730 357
Net cash used in financing activities (14,728) (2,703)
Net (decrease)/increase in cash and cash equivalents during period (2,662) 10,563
Cash and cash equivalents at beginning of period 24,528 29,128
Cash and cash equivalents at end of period 21,866 39,691
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 13,051 7,392
Supplemental disclosures of non-cash investing activities:    
Net change in unrealized gains/(losses) on available-for-sale securities, net of tax-(Note 9) (35) (289)
Dividends declared but not yet paid   $ 17,487