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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Commissions and fees $ 108,868 $ 94,883 $ 211,876 $ 200,147
Recurring 26,283 28,034 51,623 55,466
Other 4,142 3,993 7,844 7,672
Total revenues 139,293 126,910 271,343 263,285
Expenses:        
Compensation and employee benefits 51,202 49,540 100,751 102,127
Transaction processing 22,499 19,649 44,031 41,872
Occupancy and equipment 20,720 15,063 37,261 29,712
Telecommunications and data processing services 13,718 14,712 27,816 29,779
Other general and administrative 19,760 23,597 38,536 46,274
Goodwill impairment   274,285   274,285
Restructuring charges (75)   (75)  
Interest expense 699 624 1,301 1,302
Total expenses 128,523 397,470 249,621 525,351
Income (loss) before income tax benefit 10,770 (270,560) 21,722 (262,066)
Income tax expense (benefit) 5,684 (23,464) 8,014 (20,428)
Net income (loss) $ 5,086 $ (247,096) $ 13,708 $ (241,638)
Income (loss) per share:        
Basic (in dollars per share) $ 0.14 $ (6.40) $ 0.37 $ (6.22)
Diluted (in dollars per share) $ 0.13 $ (6.40) $ 0.36 $ (6.22)
Basic weighted average number of common shares outstanding (in shares) 36,956 38,607 37,166 38,859
Diluted weighted average number of common shares outstanding (in shares) 38,000 38,607 38,371 38,859