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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Commissions and fees $ 408,619 $ 380,976 $ 445,801
Recurring 104,172 109,767 110,919
Other 18,010 13,693 15,317
Total revenues 530,801 504,436 572,037
Expenses:      
Compensation and employee benefits 201,254 196,362 219,307
Transaction processing 83,792 81,173 91,602
Occupancy and equipment 69,022 62,637 60,191
Telecommunications and data processing services 53,607 59,850 58,460
Other general and administrative 77,431 88,543 90,808
Goodwill and other asset impairment 101 274,285 229,317
Restructuring charges (75) 9,499 24,432
Acquisition-related costs     2,523
Interest expense 2,715 2,542 2,025
Total expenses 487,746 774,891 778,665
Income (loss) before income tax expense (benefit) 43,055 (270,455) (206,628)
Income tax expense (benefit) 11,970 (22,596) (26,839)
Net income (loss) $ 31,085 $ (247,859) $ (179,789)
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.84 $ (6.45) $ (4.42)
Diluted (in dollars per share) $ 0.82 $ (6.45) $ (4.42)
Basic weighted average number of common shares outstanding (in shares) 36,788 38,418 40,691
Diluted weighted average number of common shares outstanding (in shares) 38,114 38,418 40,691