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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Commissions and fees $ 100,564 $ 94,696 $ 200,444 $ 193,656
Recurring 18,933 21,811 37,883 44,006
Other 2,084 4,103 4,089 7,616
Total revenues 121,581 120,610 242,416 245,278
Expenses:        
Compensation and employee benefits 45,994 48,315 92,678 100,779
Transaction processing 25,482 22,098 50,338 44,932
Occupancy and equipment 14,680 14,066 30,302 28,044
Telecommunications and data processing services 12,129 14,848 24,156 29,621
Restructuring charge   4,355   4,355
Other general and administrative 17,699 26,014 35,014 49,736
Interest expense 510 572 1,030 1,107
Total expenses 116,494 130,268 233,518 258,574
Income (loss) before income tax expense (benefit) 5,087 (9,658) 8,898 (13,296)
Income tax expense (benefit) 444 (4,441) (1,047) (5,573)
Net income (loss) $ 4,643 $ (5,217) $ 9,945 $ (7,723)
Income (loss) per share:        
Basic (in dollars per share) $ 0.14 $ (0.16) $ 0.30 $ (0.23)
Diluted (in dollars per share) $ 0.14 $ (0.16) $ 0.29 $ (0.23)
Basic weighted average number of common shares outstanding (in shares) 33,125 33,189 33,037 33,147
Diluted weighted average number of common shares outstanding (in shares) 34,222 33,189 34,180 33,147