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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Commissions $ 42,379 $ 39,822 $ 129,971 $ 116,683
Technology products and services 2,979 3,779 9,107 10,871
Information and user access fees 1,896 1,831 5,557 5,239
Investment income 251 303 822 912
Other 752 829 2,360 2,259
Total revenues 48,257 46,564 147,817 135,964
Expenses        
Employee compensation and benefits 14,636 13,707 45,782 45,079
Depreciation and amortization 2,081 1,799 5,896 4,988
Technology and communications 3,262 2,772 9,232 7,996
Professional and consulting fees 3,202 2,247 9,063 7,784
Occupancy 732 721 2,248 2,195
Marketing and advertising 1,067 1,280 4,246 3,502
General and administrative 2,068 1,742 6,193 4,553
Total expenses 27,048 24,268 82,660 76,097
Income before income taxes 21,209 22,296 65,157 59,867
Provision for income taxes 7,727 8,852 25,553 23,706
Net income $ 13,482 $ 13,444 $ 39,604 $ 36,161
Net income per common share        
Basic $ 0.37 $ 0.36 $ 1.08 $ 0.98
Diluted $ 0.36 $ 0.34 $ 1.05 $ 0.91
Cash dividends declared per common share $ 0.11 $ 0.09 $ 0.33 $ 0.27
Weighted average common shares        
Basic 36,500 37,126 36,521 36,798
Diluted 37,541 39,828 37,892 39,539