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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Revenues $ 45,441 $ 68,924
Operating Expenses    
Employee compensation and benefits 46,849 47,292
Occupancy and equipment rental 4,403 4,397
Depreciation and amortization 620 787
Information services 2,300 2,358
Professional fees 1,966 2,196
Travel related expenses 1,120 192
Other operating expenses 2,711 4,477
Total operating expenses 59,969 61,699
Total operating income (loss) (14,528) 7,225
Interest expense 2,755 3,208
Income (loss) before taxes (17,283) 4,017
Provision (benefit) for taxes (5,177) 1,933
Net income (loss) $ (12,106) $ 2,084
Average shares outstanding:    
Basic (shares) 18,424,585 19,675,536
Diluted (shares) 18,424,585 23,700,175
Earnings (loss) per share:    
Basic (usd per share) $ (0.66) $ 0.11
Diluted (usd per share) $ (0.66) $ 0.09