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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from Operating Activities:    
Net income $ 26,546 $ 13,708
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 25,865 26,898
Deferred income tax expense 3,859 579
Provision for doubtful accounts 276 (435)
Share-based compensation 8,334 10,132
Non-cash restructuring charges   357
Fixed asset disposal   649
Changes in operating assets and liabilities:    
Cash restricted or segregated under regulations and other (424) (4,331)
Deposits with clearing organizations 31,295 4,930
Securities owned, at fair value (6,764) 2,909
Receivables from brokers, dealers and clearing organizations (690,374) (82,533)
Receivables from customers (706,514) (624,406)
Accounts payable and accrued expenses (2,215) 8,270
Payables to brokers, dealers and clearing organizations 653,266 253,467
Payables to customers 631,104 432,803
Securities sold, not yet purchased, at fair value 6,179 (2,539)
Income taxes receivable/payable 164 14,539
Excess tax benefit from share-based payment arrangements (1,007) (207)
Other, net (8,448) (5,922)
Net cash (used in) provided by operating activities (28,858) 48,868
Cash flows from Investing Activities:    
Investment in unconsolidated affiliates   (474)
Capital purchases (5,994) (20,574)
Capitalization of software development costs (13,633) (11,836)
Net cash used in investing activities (19,627) (32,884)
Cash flows from Financing Activities:    
Repayments of long term debt (6,251) (3,712)
Proceeds from borrowing under short-term bank loans 68,115 7,957
Proceeds from sales-leaseback transaction   18,157
Excess tax benefit from share-based payment arrangements 1,007 207
Common stock issued 445 497
Common stock repurchased (27,047) (17,938)
Shares withheld for net settlements of share-based awards (6,426) (3,617)
Net cash provided by financing activities 29,843 1,551
Effect of exchange rate changes on cash and cash equivalents (4,140) (4,376)
Net (decrease) increase in cash and cash equivalents (22,782) 13,159
Cash and cash equivalents - beginning of year 261,897 245,875
Cash and cash equivalents - end of period 239,115 259,034
Supplemental cash flow information    
Interest paid 1,866 1,552
Income taxes paid (refunded) $ 4,629 $ (7,149)