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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Advisory revenues $ 90,265 $ 72,962 $ 156,818 $ 134,854
Investment revenues 220 380 532 371
Total revenues 90,485 73,342 157,350 135,225
Expenses        
Employee compensation and benefits 44,110 39,604 88,616 73,021
Occupancy and equipment rental 4,879 5,482 9,550 10,342
Depreciation and amortization 791 921 1,639 1,642
Information services 2,140 2,192 4,510 4,382
Professional fees 1,749 1,767 3,258 4,159
Travel related expenses 2,958 3,405 5,774 5,659
Interest expense 802 789 1,548 1,067
Other operating expenses 3,191 3,412 6,132 7,013
Total expenses 60,620 57,572 121,027 107,285
Income before taxes 29,865 15,770 36,323 27,940
Provision for taxes 10,237 6,351 12,338 10,918
Net income allocated to common stockholders $ 19,628 $ 9,419 $ 23,985 $ 17,022
Average shares outstanding:        
Basic (shares) 31,712,959 30,934,832 31,898,939 30,707,895
Diluted (shares) 31,712,959 31,026,098 31,898,939 30,786,714
Earnings per share:        
Basic (usd per share) $ 0.62 $ 0.30 $ 0.75 $ 0.55
Diluted (usd per share) 0.62 0.30 0.75 0.55
Dividends declared and paid per share (usd per share) $ 0.45 $ 0.45 $ 0.90 $ 0.90