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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 577,350 $ 811,019
Cash segregated for regulatory purposes 37,051 227,727
Receivables:    
Brokerage clients, net 1,382,362 1,599,218
Brokers, dealers, and clearing organizations 719,790 601,831
Securities purchased under agreements to resell [1] 207,946 160,423
Financial instruments owned, at fair value 1,028,781 749,443
Available-for-sale securities, at fair value 2,125,466 1,629,907
Held-to-maturity securities, at amortized cost [2] 2,028,179 1,855,399
Loans held for sale, at lower of cost or market 132,900 189,921
Bank loans, net 3,467,187 3,143,515
Investments, at fair value 165,424 181,017
Fixed assets, net 182,450 181,966
Goodwill 974,266 915,602
Intangible assets, net 92,922 63,177
Loans and advances to financial advisors and other employees, net 407,403 401,293
Deferred tax assets, net 216,321 285,127
Other assets 467,930 329,466
Total Assets 14,213,728 13,326,051
Payables:    
Brokerage clients 1,077,414 1,000,422
Brokers, dealers, and clearing organizations 282,920 438,031
Drafts 74,503 183,857
Securities sold under agreements to repurchase [3] 290,729 278,674
Bank deposits 7,218,100 6,638,356
Financial instruments sold, but not yet purchased, at fair value 674,841 521,744
Accrued compensation 147,203 363,791
Accounts payable and accrued expenses 380,652 349,040
Borrowings 827,581 237,084
Senior notes 740,409 740,136
Debentures to Stifel Financial Capital Trusts 82,500 82,500
Total liabilities $ 11,796,852 $ 10,833,635
Shareholders’ Equity:    
Preferred stock - $1 par value; authorized 3,000,000 shares; none issued
Common stock - $0.15 par value; authorized 97,000,000 shares; issued 69,508,281 and 69,507,842 shares, respectively $ 10,426 $ 10,426
Additional paid-in-capital 1,733,605 1,820,772
Retained earnings 826,234 805,685
Accumulated other comprehensive loss (47,218) (39,533)
Total Shareholders’ Equity 2,523,047 2,597,350
Treasury stock, at cost, 3,054,716 and 2,483,071 shares, respectively (106,171) (104,934)
Total Shareholders’ Equity 2,416,876 2,492,416
Total Liabilities and Shareholders’ Equity $ 14,213,728 $ 13,326,051
[1] Collateral received includes securities received by our company from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.
[3] Collateral pledged includes the fair value of securities pledged by our company to the counter party. These securities are included on the consolidated statements of financial condition unless we default.