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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Commissions and fees $ 102,900 $ 98,378 $ 317,777 $ 310,254
Recurring 26,452 25,761 77,004 77,384
Other 5,421 3,419 16,067 11,263
Total revenues 134,773 127,558 410,848 398,901
Expenses:        
Compensation and employee benefits 52,408 49,664 156,305 150,415
Transaction processing 21,561 19,790 62,166 63,821
Occupancy and equipment 14,937 15,821 45,000 53,082
Telecommunications and data processing services 12,942 12,649 38,294 40,465
Other general and administrative 20,281 18,351 60,101 56,887
Restructuring charges       (75)
Interest expense 566 593 1,796 1,894
Total expenses 122,695 116,868 363,662 366,489
Income (loss) before income tax expense (benefit) 12,078 10,690 47,186 32,412
Income tax expense (benefit) 713 2,975 9,275 10,989
Net income (loss) $ 11,365 $ 7,715 $ 37,911 $ 21,423
Income per share:        
Basic (in dollars per share) $ 0.32 $ 0.21 $ 1.06 $ 0.58
Diluted (in dollars per share) $ 0.32 $ 0.20 $ 1.04 $ 0.56
Basic weighted average number of common shares outstanding (in shares) 35,093 36,544 35,628 36,956
Diluted weighted average number of common shares outstanding (in shares) 36,026 37,781 36,599 38,214