XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Commissions $ 44,902 $ 37,785
Technology products and services 2,908 3,108
Information and user access fees 1,871 1,689
Investment income 303 299
Other 751 728
Total revenues 50,735 43,609
Expenses    
Employee compensation and benefits 15,841 16,268
Depreciation and amortization 1,854 1,562
Technology and communications 2,955 2,500
Professional and consulting fees 3,024 2,872
Occupancy 759 766
Marketing and advertising 1,447 974
General and administrative 2,107 1,001
Total expenses 27,987 25,943
Income before income taxes 22,748 17,666
Provision for income taxes 9,255 6,886
Net income $ 13,493 $ 10,780
Net income per common share    
Basic $ 0.37 $ 0.30
Diluted $ 0.35 $ 0.27
Cash dividends declared per common share $ 0.11 $ 0.09
Weighted average shares outstanding    
Basic 36,934 36,507
Diluted 38,695 39,301