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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities:    
Net income $ 65,512 $ 27,055
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Depreciation and amortization 9,022 10,629
Amortization of loans and advances to financial advisors and other employees 23,611 18,995
Amortization of premium on investment portfolio 3,830 1,622
Provision for loan losses and allowance for loans and advances to financial advisors and other employees 6,259 4,571
Amortization of intangible assets 2,981 2,974
Deferred income taxes 19,873 72,979
Tax deficit from stock-based compensation   4,215
Stock-based compensation 27,915 30,450
(Gains)/losses on sale of investments (2,459) 3,826
Other, net 999 (2,524)
Decrease/(increase) in operating assets, net of assets acquired:    
Cash segregated for regulatory purposes and restricted cash 73,021 190,676
Receivables:    
Brokerage clients 83,353 216,856
Brokers, dealers, and clearing organizations 469,038 (117,959)
Securities purchased under agreements to resell (70,260) (47,523)
Financial instruments owned, including those pledged (131,791) (279,338)
Loans originated as held for sale (349,044) (419,601)
Proceeds from mortgages held for sale 361,435 472,886
Loans and advances to financial advisors and other employees (21,873) (25,417)
Other assets (87,104) (133,412)
Increase/(decrease) in operating liabilities, net of liabilities assumed:    
Brokerage clients (96,616) 76,992
Brokers, dealers, and clearing organizations 74,655 (3,792)
Drafts (11,022) (109,354)
Financial instruments sold, but not yet purchased 55,426 153,097
Other liabilities and accrued expenses (170,766) (210,511)
Net cash provided by/(used in) operating activities 335,995 (61,608)
Cash Flows From Investing Activities:    
Maturities and principal paydowns of available-for-sale securities 198,407 31,303
Calls and principal paydowns of held-to-maturity securities 67,473 37,577
Sale or maturity of investments 2,411 12,978
Increase in bank loans, net (269,337) (327,931)
Payments for:    
Purchase of available-for-sale securities (391,585) (529,707)
Purchase of held-to-maturity securities (219,500) (210,677)
Purchase of investments (150) (1,313)
Purchase of fixed assets (8,014) (9,270)
Acquisitions, net of cash received (9,070) (68,680)
Net cash used in investing activities (629,365) (1,065,720)
Cash Flows From Financing Activities:    
Proceeds from/(repayments of) short-term borrowings, net (178,000) 238,497
Proceeds from Federal Home Loan Bank advances, net 290,000 352,000
Payment of contingent consideration (8,356)  
(Decrease)/increase in securities sold under agreements to repurchase (48,819) 12,055
Increase in bank deposits, net 173,478 579,744
Decrease in securities loaned (106,474) (151,319)
Tax deficit from stock-based compensation   (4,215)
Restricted stock conversions (82,954) (35,976)
Proceeds from stock option exercises   175
Repurchase of common stock   (95,116)
Cash dividends on preferred stock (2,344)  
Net cash provided by financing activities 36,531 895,845
Effect of exchange rate changes on cash 2,294 (2,186)
Decrease in cash and cash equivalents (254,545) (233,669)
Cash and cash equivalents at beginning of period 912,932 811,019
Cash and cash equivalents at end of period 658,387 577,350
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds 3,573 20,061
Cash paid for interest 16,093 13,630
Noncash financing activities:    
Unit grants, net of forfeitures 35,273 98,876
Issuance of common stock for acquisitions $ 9,352 $ 11,427