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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities:      
Net (loss) income $ (179,789) $ 23,980 $ 42,834
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 59,057 62,373 60,746
Deferred income tax (benefit) expense (32,593) (4,315) 8,501
Provision for doubtful accounts 203 178 (1,689)
Share-based compensation 20,156 18,006 15,983
Capitalized software write-off   6,091  
Non-cash restructuring charges, net 2,480 1,461 5,536
Goodwill and other asset impairment 229,317 5,375  
Changes in operating assets and liabilities:      
Cash restricted or segregated under regulations and other (2,625) 25,843 (18,479)
Deposits with clearing organizations (11,303) 656 28,350
Securities owned, at fair value 18,403 (18,058) (363)
Receivables from brokers, dealers and clearing organizations (6,671) (503,140) (11,099)
Receivables from customers 134,913 (290,031) 26,807
Accounts payable and accrued expenses (18,079) (31,995) (15,865)
Payables to brokers, dealers and clearing organizations (59,605) 889,457 1,513
Payables to customers (64,592) (37,698) (18,082)
Securities sold, not yet purchased, at fair value (18,915) 18,347 (2,452)
Income taxes receivable/payable (6,053) 10,446 (24,823)
Excess tax benefit from share-based payment arrangements     (274)
Other, net 2,755 (867) 290
Net cash provided by operating activities 67,059 176,109 97,434
Cash Flows from Investing Activities:      
Acquisition of subsidiaries and minority interests, net of cash acquired (36,185) (48,926) (1,937)
Acquisition of patent     (450)
Capital purchases (22,857) (19,280) (15,231)
Capitalization of software development costs (29,061) (33,897) (42,841)
Proceeds from sale of investments 2,095    
Net cash used in investing activities (86,008) (102,103) (60,459)
Cash Flows from Financing Activities:      
Proceeds (repayments) of short-term bank loans 1,606   (24,900)
Proceeds from term loans 25,469    
Repayments of term loans (4,043) (46,900) (47,600)
Excess tax benefit from share-based payment arrangements     274
Proceeds from sales-lease back transactions 2,571    
Debt issuance costs (2,908)    
Common stock issued 9,753 10,896 10,934
Common stock repurchased (38,928) (50,284)  
Shares withheld for net settlements of share-based awards (5,984) (4,095) (2,652)
Net cash used in financing activities (12,464) (90,383) (63,944)
Effect of exchange rate changes on cash and cash equivalents (1,409) 2,508 4,888
Net decrease in cash and cash equivalents (32,822) (13,869) (22,081)
Cash and cash equivalents-beginning of year 317,010 330,879 352,960
Cash and cash equivalents-end of year 284,188 317,010 330,879
Supplemental cash flow information:      
Interest paid 2,453 1,343 6,478
Income taxes paid 15,508 19,345 51,930
Majestic acquisition replacement awards   $ 2,994