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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Advisory revenues $ 334,787 $ 260,281 $ 280,452
Investment revenues (losses) 732 1,279 (5,218)
Total revenues 335,519 261,560 275,234
Expenses      
Employee compensation and benefits 182,478 147,200 147,552
Occupancy and equipment rental 19,553 21,271 18,983
Depreciation and amortization 3,243 3,433 3,228
Information services 8,920 8,975 8,625
Professional fees 6,851 7,856 5,651
Travel related expenses 11,912 12,580 11,386
Interest expense 3,227 2,478 1,238
Other operating expenses 11,454 14,472 11,101
Total expenses 247,638 218,265 207,764
Income before taxes 87,881 43,295 67,470
Provision for taxes 27,119 17,697 24,082
Net income allocated to common stockholders $ 60,762 $ 25,598 $ 43,388
Average shares outstanding:      
Basic (shares) 32,042,594 31,197,288 30,354,227
Diluted (shares) 32,074,232 31,200,378 30,357,691
Earnings per share:      
Basic (usd per share) $ 1.90 $ 0.82 $ 1.43
Diluted (usd per share) 1.89 0.82 1.43
Dividends declared and paid per share (usd per share) $ 1.8 $ 1.80 $ 1.80