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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Commissions $ 42,690 $ 39,076 $ 87,592 $ 76,861
Technology products and services 3,220 3,984 6,128 7,092
Information and user access fees 1,790 1,719 3,661 3,408
Investment income 268 310 571 609
Other 857 702 1,608 1,430
Total revenues 48,825 45,791 99,560 89,400
Expenses        
Employee compensation and benefits 15,305 15,104 31,146 31,372
Depreciation and amortization 1,961 1,627 3,815 3,189
Technology and communications 3,015 2,724 5,970 5,224
Professional and consulting fees 2,837 2,665 5,861 5,537
Occupancy 757 708 1,516 1,474
Marketing and advertising 1,732 1,248 3,179 2,222
General and administrative 2,018 1,810 4,125 2,811
Total expenses 27,625 25,886 55,612 51,829
Income before income taxes 21,200 19,905 43,948 37,571
Provision for income taxes 8,571 7,968 17,826 14,854
Net income $ 12,629 $ 11,937 $ 26,122 $ 22,717
Net income per common share        
Basic $ 0.35 $ 0.32 $ 0.72 $ 0.62
Diluted $ 0.34 $ 0.30 $ 0.69 $ 0.58
Cash dividends declared per common share $ 0.11 $ 0.09 $ 0.22 $ 0.18
Weighted average common shares        
Basic 36,128 36,762 36,531 36,635
Diluted 37,440 39,490 38,067 39,396