Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 274,388	$ 330,653
Cash restricted or segregated under regulations and other	38,104	37,852
Deposits with clearing organizations	79,618	70,860
Securities owned, at fair value	6,157	5,598
Receivables from brokers, dealers and clearing organizations	974,433	1,036,777
Receivables from customers	70,151	49,176
Premises and equipment, net	54,511	55,496
Capitalized software, net	39,837	39,379
Goodwill	11,563	11,933
Intangibles, net	23,980	24,611
Income taxes receivable	3,865	128
Deferred taxes	13,954	23,590
Other assets	26,662	22,969
Total assets	1,617,223	1,709,022
Liabilities:
Accounts payable and accrued expenses	150,982	169,530
Short-term bank loans	81,820	81,934
Payables to brokers, dealers and clearing organizations	897,523	960,559
Payables to customers	21,026	9,957
Securities sold, not yet purchased, at fair value	4,019	2,637
Income taxes payable	5,762	17,017
Term debt	11,102	12,567
Total liabilities	$ 1,172,234	$ 1,254,201
Commitments and contingencies
Stockholders' Equity:
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value; 100,000,000 shares authorized; 52,360,184 and 52,300,885 shares issued at March 31, 2016 and December 31, 2015, respectively	$ 524	$ 523
Additional paid-in capital	230,678	239,090
Retained earnings	566,750	571,626
Common stock held in treasury, at cost; 19,156,215 and 19,207,419 shares at March 31, 2016 and December 31, 2015, respectively	(335,287)	(336,923)
Accumulated other comprehensive income (net of tax)	(17,676)	(19,495)
Total stockholders' equity	444,989	454,821
Total liabilities and stockholders' equity	$ 1,617,223	$ 1,709,022