XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Advisory revenues $ 81,447 $ 73,255
Investment Revenues (1,856) 9,435
Total Revenues 79,591 82,690
Expenses    
Employee compensation and benefits 42,183 41,237
Occupancy and equipment rental 4,320 4,265
Depreciation and amortization 1,727 1,971
Information services 2,065 1,884
Professional fees 1,114 1,350
Travel related expenses 3,244 3,445
Interest expense 281 219
Other operating expenses 2,984 3,506
Total expenses 57,918 57,877
Income before taxes 21,673 24,813
Provision for taxes 8,055 8,677
Consolidated net income 13,618 16,136
Less: Net income allocated to noncontrolling interests 0 0
Net income allocated to common stockholders $ 13,618 $ 16,136
Average shares outstanding:    
Basic (shares) 30,171,840 30,522,767
Diluted (shares) 30,260,963 30,532,162
Earnings per share:    
Basic (usd per share) $ 0.45 $ 0.53
Diluted (usd per share) $ 0.45 $ 0.53
Dividends declared and paid per share (usd per share) $ 0.45 $ 0.45