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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Commissions and fees $ 405,679 $ 436,172 $ 408,619
Recurring 107,184 103,794 104,172
Other 121,940 19,848 18,010
Total revenues 634,803 559,814 530,801
Expenses:      
Compensation and employee benefits 209,323 215,758 201,254
Transaction processing 91,492 86,400 83,792
Occupancy and equipment 57,495 59,811 69,022
Telecommunications and data processing services 51,523 51,187 53,607
Other general and administrative 101,915 79,349 77,431
Restructuring charges     (75)
Interest expense 1,829 2,322 2,715
Total expenses 513,577 494,827 487,746
Income before income tax expense 121,226 64,987 43,055
Income tax expense 29,656 14,095 11,970
Net income $ 91,570 $ 50,892 $ 31,085
Income per share:      
Basic (in dollars per share) $ 2.70 $ 1.44 $ 0.84
Diluted (in dollars per share) $ 2.63 $ 1.40 $ 0.82
Basic weighted average number of common shares outstanding (in shares) 33,907 35,349 36,788
Diluted weighted average number of common shares outstanding (in shares) 34,815 36,365 38,114