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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Revenues $ 301,012 $ 351,985 $ 239,182
Operating Expenses      
Employee compensation and benefits 178,946 195,195 160,201
Occupancy and equipment rental 22,289 21,933 20,713
Depreciation and amortization 2,565 2,870 3,114
Information services 9,940 9,898 9,529
Professional fees 10,017 10,465 8,212
Travel related expenses 13,523 13,483 13,142
Other operating expenses 17,889 17,273 17,371
Total operating expenses 255,169 271,117 232,282
Total operating income 45,843 80,868 6,900
Interest expense 27,420 22,438 7,198
Income (loss) before taxes 18,423 58,430 (298)
Provision for taxes 7,445 19,208 26,353
Net income (loss) $ 10,978 $ 39,222 $ (26,651)
Average shares outstanding:      
Basic (shares) 24,024,674 26,813,285 32,074,894
Diluted (shares) 24,272,479 27,637,720 32,074,894
Earnings (loss) per share:      
Basic (usd per share) $ 0.46 $ 1.46 $ (0.83)
Diluted (usd per share) $ 0.45 $ 1.42 $ (0.83)