XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 675,057 $ 811,019
Cash segregated for regulatory purposes 166 227,727
Receivables:    
Brokerage clients, net 1,443,492 1,599,218
Brokers, dealers, and clearing organizations 548,470 601,831
Securities purchased under agreements to resell [1] 297,827 160,423
Financial instruments owned, at fair value 1,148,785 749,443
Available-for-sale securities, at fair value 3,145,267 1,629,907
Held-to-maturity securities, at amortized cost [2] 2,241,203 1,855,399
Loans held for sale, at lower of cost or market 217,316 189,921
Bank loans, net 4,956,676 3,143,515
Investments, at fair value 153,595 181,017
Fixed assets, net 173,874 181,966
Goodwill 989,126 915,602
Intangible assets, net 92,638 63,177
Loans and advances to financial advisors and other employees, net 407,233 401,293
Deferred tax assets, net 254,587 285,127
Other assets 459,596 329,466
Total Assets 17,204,908 13,326,051
Payables:    
Brokerage clients 931,358 1,000,422
Brokers, dealers, and clearing organizations 464,617 438,031
Drafts 59,909 183,857
Securities sold under agreements to repurchase [3] 261,734 278,674
Bank deposits 9,885,441 6,638,356
Financial instruments sold, but not yet purchased, at fair value 665,757 521,744
Accrued compensation 242,714 363,791
Accounts payable and accrued expenses 404,208 349,040
Federal Home Loan Bank advances 500,000 148,000
Borrowings 234,200 89,084
Senior notes 795,780 740,136
Debentures to Stifel Financial Capital Trusts 67,500 82,500
Total liabilities 14,513,218 10,833,635
Shareholders’ Equity:    
Preferred stock - $1 par value; authorized 3,000,000 shares; 6,000 issued 150,000  
Common stock - $0.15 par value; authorized 97,000,000 shares; issued 69,507,842 shares, respectively 10,426 10,426
Additional paid-in-capital 1,824,066 1,820,772
Retained earnings 852,422 805,685
Accumulated other comprehensive loss (34,119) (39,533)
Total Shareholders’ Equity 2,802,795 2,597,350
Treasury stock, at cost, 3,286,400 and 2,483,071 shares, respectively (111,105) (104,934)
Total Shareholders’ Equity 2,691,690 2,492,416
Total Liabilities and Shareholders’ Equity $ 17,204,908 $ 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.