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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows From Operating Activities:    
Net income $ 63,985 $ 90,983
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 14,899 14,306
Amortization of loans and advances to financial advisors and other employees 28,692 32,580
Amortization of premium on investment portfolio 2,222 3,118
Provision for loan losses and allowance for loans and advances to financial advisors and other employees 4,393 4,692
Amortization of intangible assets 3,673 8,204
Deferred income taxes 16,797 25,377
Excess tax benefits from stock-based compensation (12,454) (17,208)
Stock-based compensation 81,160 47,087
Gains on sale of investments (4,941) (4,945)
Other, net (7,012) 2,158
Decrease/(increase) in operating assets, net of assets acquired:    
Cash segregated for regulatory purposes and restricted cash 49,496 4,265
Receivables:    
Brokerage clients (160,766) (27,219)
Brokers, dealers, and clearing organizations (150,642) (354,142)
Securities purchased under agreements to resell (187,866) 2,866
Financial instruments owned, including those pledged (100,353) (226,505)
Loans originated as held for sale (969,064) (490,705)
Proceeds from mortgages held for sale 904,798 472,609
Loans and advances to financial advisors and other employees (48,472) (37,632)
Other assets (27,769) (14,521)
Increase/(decrease) in operating liabilities, net of liabilities assumed:    
Brokerage clients 128,338 4,769
Brokers, dealers, and clearing organizations 57,487 46,634
Drafts (15,619) (6,161)
Financial instruments sold, but not yet purchased (20,539) 204,129
Other liabilities and accrued expenses (222,792) (180,887)
Net cash used in operating activities (572,349) (396,148)
Cash Flows From Investing Activities:    
Maturities, calls, sales, and principal paydowns of available-for-sale securities 728,809 245,570
Calls and principal paydowns of held-to-maturity securities 52,903 46,240
Sale or maturity of investments 50,912 33,737
Sale of other real estate owned   131
Increase in bank loans, net (356,580) (357,654)
Payments for:    
Purchase of available-for-sale securities (199) (132,703)
Purchase of held-to-maturity securities   (7,959)
Purchase of investments (30,283) (37,116)
Purchase of fixed assets (32,309) (12,107)
Acquisitions, net of cash acquired 18,456 (7,922)
Net cash provided by/(used in) investing activities 431,709 (229,783)
Cash Flows From Financing Activities:    
Proceeds from short-term borrowings from banks 327,568 312,300
Increase in securities sold under agreements to repurchase 303,170 25,771
Decrease in bank deposits, net (476,144) (9,667)
Increase/(decrease) in securities loaned 99,446 (15,003)
Excess tax benefits from stock-based compensation 12,454 17,208
Issuance of common stock for stock option exercises 245 114
Repayment of senior notes (175,000)  
Extinguishment of subordinated debt   (3,131)
Net cash provided by financing activities 91,739 327,592
Effect of exchange rate changes on cash 1,056 2,069
Decrease in cash and cash equivalents (47,845) (296,270)
Cash and cash equivalents at beginning of period 689,782 716,560
Cash and cash equivalents at end of period 641,937 420,290
Supplemental disclosure of cash flow information:    
Cash paid for interest 20,073 16,968
Cash paid for income taxes, net of refunds 31,951 31,594
Noncash financing activities:    
Unit grants, net of forfeitures 105,448 $ 116,475
Shares surrendered into treasury 223  
Issuance of common stock for acquisitions $ 80,981