Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 277,977	$ 330,653
Cash restricted or segregated under regulations and other	40,353	37,852
Deposits with clearing organizations	62,556	70,860
Securities owned, at fair value	2,557	5,598
Receivables from brokers, dealers and clearing organizations	152,294	1,036,777
Receivables from customers	54,486	49,176
Premises and equipment, net	59,333	55,496
Capitalized software, net	38,606	39,379
Goodwill	10,102	11,933
Intangibles, net	15,390	24,611
Income taxes receivable	873	128
Deferred taxes	38,688	23,590
Other assets	22,070	22,969
Total assets	775,285	1,709,022
Liabilities:
Accounts payable and accrued expenses	174,343	169,530
Short-term bank loans	72,150	81,934
Payables to brokers, dealers and clearing organizations	100,188	960,559
Payables to customers	12,272	9,957
Securities sold, not yet purchased, at fair value	249	2,637
Income taxes payable	4,552	17,017
Term debt	6,367	12,567
Total liabilities	370,121	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; 52,456,165 and 52,300,885 shares issued at December 31, 2016 and December 31, 2015, respectively	525	523
Additional paid-in capital	248,748	239,090
Retained earnings	536,350	571,626
Common stock held in treasury, at cost; 19,830,032 and 19,207,419 shares at December 31, 2016 and December 31, 2015, respectively	(346,482)	(336,923)
Accumulated other comprehensive loss (net of tax)	(33,977)	(19,495)
Total stockholders' equity	405,164	454,821
Total liabilities and stockholders' equity	$ 775,285	$ 1,709,022