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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from Operating Activities:    
Net income (loss) $ 13,708 $ (241,638)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Depreciation and amortization 26,898 28,493
Deferred income tax expense 579 (21,725)
Provision for doubtful accounts (435) 851
Share-based compensation 10,132 5,994
Non-cash restructuring charges 357  
Fixed asset disposal 649  
Goodwill impairment   274,285
Changes in operating assets and liabilities:    
Cash restricted or segregated under regulations and other (4,331) 6,067
Deposits with clearing organizations 4,930 (44)
Securities owned, at fair value 2,909 (487)
Receivables from brokers, dealers and clearing organizations (82,533) (71,548)
Receivables from customers (624,406) (114,187)
Accounts payable and accrued expenses 8,270 (37,394)
Payables to brokers, dealers and clearing organizations 253,467 (77,284)
Payables to customers 432,803 230,573
Securities sold, not yet purchased, at fair value (2,539) 1,321
Income taxes receivable/payable 14,539 (2,885)
Excess tax benefit (207)  
Other, net (5,922) (2,424)
Net cash provided by (used in) operating activities 48,868 (22,032)
Cash flows from Investing Activities:    
Investment in unconsolidated affiliates (474)  
Capital purchases (20,574) (11,835)
Capitalization of software development costs (11,836) (13,008)
Net cash used in investing activities (32,884) (24,843)
Cash flows from Financing Activities:    
Repayments of long term debt (3,712) (3,477)
Proceeds from borrowing under short-term bank loans 7,957 6,809
Proceeds from sales-leaseback transaction 18,157 1,901
Common stock issued 497 2,116
Common stock repurchased (17,938) (13,183)
Shares withheld for net settlements of share-based awards (3,617) (2,250)
Excess tax benefit 207  
Net cash provided by (used in) financing activities 1,551 (8,084)
Effect of exchange rate changes on cash and cash equivalents (4,376) (401)
Net increase (decrease) in cash and cash equivalents 13,159 (55,360)
Cash and cash equivalents - beginning of year 245,875 284,188
Cash and cash equivalents - end of period 259,034 228,828
Supplemental cash flow information    
Interest paid 1,522 1,392
Income taxes (refunded) paid $ (7,149) $ 4,155