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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Commissions and fees $ 358,196 $ 302,310 $ 1,016,139 $ 888,785
Investment income 85 239 510 561
Other income, net 1,029 1,251 3,465 7,856
Total revenues 359,310 303,800 1,020,114 897,202
EXPENSES        
Employee compensation and benefits 180,528 149,691 503,540 450,039
Non-cash stock-based compensation 7,431 3,908 14,904 11,393
Other operating expenses 50,102 43,774 143,838 129,394
Amortization 17,858 15,956 50,140 47,450
Depreciation 4,466 3,958 12,896 11,383
Interest 4,135 4,006 12,116 12,093
Change in estimated acquisition earn-out payables (665) 858 1,513 (134)
Total expenses 263,855 222,151 738,947 661,618
Income before income taxes 95,455 81,649 281,167 235,584
Income taxes 37,706 32,145 111,280 94,176
Net income $ 57,749 $ 49,504 $ 169,887 $ 141,408
Net income per share:        
Basic $ 0.40 $ 0.34 $ 1.18 $ 0.99
Diluted $ 0.39 $ 0.34 $ 1.16 $ 0.97
Weighted average number of shares outstanding:        
Basic 141,139 139,465 140,925 139,185
Diluted 142,789 142,097 142,476 141,769
Dividends declared per share $ 0.0900 $ 0.0850 $ 0.2700 $ 0.2550