Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 330,653	$ 275,210
Cash restricted or segregated under regulations and other	37,852	38,080
Deposits with clearing organizations	70,860	72,527
Securities owned, at fair value	5,598	12,073
Receivables from brokers, dealers and clearing organizations	1,036,777	644,614
Receivables from customers	49,176	107,935
Premises and equipment, net	55,496	60,306
Capitalized software, net	39,379	38,333
Goodwill	11,933	12,803
Intangibles, net	24,611	31,595
Income taxes receivable	128	105
Deferred taxes	23,590	37,209
Deferred taxes	37,357	50,303
Other assets	22,969	20,059
Total assets	1,709,022	1,350,849
Liabilities:
Accounts payable and accrued expenses	169,530	199,211
Short-term bank loans	81,934	78,360
Payables to brokers, dealers and clearing organizations	960,559	600,041
Payables to customers	9,957	11,132
Securities sold, not yet purchased, at fair value	2,637	8,253
Income taxes payable	17,017	19,772
Deferred taxes		703
Deferred taxes	13,767	13,797
Term debt	12,567	17,781
Total liabilities	$ 1,254,201	$ 935,253
Commitments and contingencies
Stockholders' Equity:
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value; 100,000,000 shares authorized; 52,300,885 and 52,229,962 shares issued at December 31, 2015 and December 31, 2014, respectively	$ 523	$ 522
Additional paid-in capital	239,090	240,135
Retained earnings	571,626	487,462
Common stock held in treasury, at cost; 19,207,419 and 18,000,756 shares at December 31, 2015 and December 31, 2014, respectively	(336,923)	(306,629)
Accumulated other comprehensive loss (net of tax)	(19,495)	(5,894)
Total stockholders' equity	454,821	415,596
Total liabilities and stockholders' equity	$ 1,709,022	$ 1,350,849