Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 267,843	$ 287,452
Cash restricted or segregated under regulations and other	13,603	18,599
Deposits with clearing organizations	74,702	57,388
Securities owned, at fair value	311	1,559
Receivables from brokers, dealers and clearing organizations	274,746	193,907
Receivables from customers	226,858	74,695
Premises and equipment, net	48,055	53,960
Capitalized software, net	42,862	41,259
Goodwill	10,408	11,054
Intangibles, net	12,915	14,040
Income taxes receivable		3,917
Deferred tax assets	4,735	4,902
Other assets	44,037	22,124
Total assets	1,021,075	784,856
Liabilities:
Accounts payable and accrued expenses	211,638	166,495
Short-term bank loans	78,029	101,422
Payables to brokers, dealers and clearing organizations	328,194	119,278
Payables to customers	36,825	23,568
Securities sold, not yet purchased, at fair value	6	1
Income taxes payable	3,876	6,003
Deferred tax liabilities	1,869	1,750
Term debt	1,967	3,104
Total liabilities	662,404	421,621
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; 52,778,945 and 52,639,823 shares issued at December 31, 2018 and December 31, 2017, respectively	528	526
Additional paid-in capital	260,305	250,216
Retained earnings	478,348	486,957
Common stock held in treasury, at cost; 19,578,461 and 20,038,809 shares at December 31, 2018 and December 31, 2017, respectively	(347,710)	(353,067)
Accumulated other comprehensive loss (net of tax)	(32,800)	(21,397)
Total stockholders’ equity	358,671	363,235
Total liabilities and stockholders’ equity	$ 1,021,075	$ 784,856