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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUES        
Commissions and fees $ 431,863 $ 420,615 $ 1,252,888 $ 1,177,312
Investment income 228 225 708 522
Other income, net 76 578 2,316 4,942
Total revenues 432,167 421,418 1,255,912 1,182,776
EXPENSES        
Employee compensation and benefits 211,267 203,126 628,071 583,633
Non-cash stock-based compensation 4,889 5,640 17,348 19,149
Other operating expenses 66,121 64,916 191,591 177,923
Gain on disposal (654) 0 (1,259) 0
Amortization 22,158 21,983 65,406 60,482
Depreciation 5,215 5,456 15,635 15,338
Interest 9,882 7,298 29,404 18,374
Change in estimated acquisition earn-out payables 459 314 2,194 6,574
Total expenses 319,337 308,733 948,390 881,473
Income before income taxes 112,830 112,685 307,522 301,303
Income taxes 45,403 44,354 122,139 118,802
Net income $ 67,427 $ 68,331 $ 185,383 $ 182,501
Net income per share:        
Basic (in dollars per share) $ 0.48 $ 0.47 $ 1.31 $ 1.26
Diluted (in dollars per share) 0.47 0.47 1.29 1.24
Dividends declared per share (in dollars per share) $ 0.11 $ 0.10 $ 0.33 $ 0.30