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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Advisory revenues $ 260,281 $ 280,452 $ 286,908
Investment revenues (losses) 1,279 (5,218) 244
Total revenues 261,560 275,234 287,152
Expenses      
Employee compensation and benefits 147,200 147,552 155,666
Occupancy and equipment rental 21,271 18,983 18,094
Depreciation and amortization 3,433 3,228 4,461
Information services 8,975 8,625 8,299
Professional fees 7,856 5,651 5,427
Travel related expenses 12,580 11,386 11,785
Interest expense 2,478 1,238 996
Other operating expenses 14,472 11,101 11,218
Total expenses 218,265 207,764 215,946
Income before taxes 43,295 67,470 71,206
Provision for taxes 17,697 24,082 24,524
Net income allocated to common stockholders $ 25,598 $ 43,388 $ 46,682
Average shares outstanding:      
Basic (shares) 31,197,288 30,354,227 30,134,430
Diluted (shares) 31,200,378 30,357,691 30,160,669
Earnings per share:      
Basic (usd per share) $ 0.82 $ 1.43 $ 1.55
Diluted (usd per share) 0.82 1.43 1.55
Dividends declared and paid per share (usd per share) $ 1.8 $ 1.80 $ 1.80