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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Trading income, net $ 757,455 $ 685,150 $ 623,733
Interest and dividends income 28,136 27,923 31,090
Technology services 10,622 9,980 9,682
Total revenue 796,213 723,053 664,505
Operating Expenses:      
Brokerage, exchange and clearance fees, net 232,469 230,965 195,146
Communication and data processing 68,647 68,847 64,689
Employee compensation and payroll taxes 88,026 84,531 78,353
Interest and dividends expense 52,423 47,083 45,196
Operations and administrative 25,991 21,923 27,215
Depreciation and amortization 33,629 30,441 23,922
Amortization of purchased intangibles and acquired capitalized software 211 211 1,011
Acquisition related retention bonus   2,639 6,705
Debt issue cost related to debt refinancing     10,022
Initial public offering fees and expenses   8,961  
Transaction advisory fees and expenses   3,000  
Reserve for legal matter 5,440    
Charges related to share-based compensation at IPO 44,194    
Financing interest expense on senior secured credit facility 29,254 30,894 24,646
Total operating expenses 580,284 529,495 476,905
Income before income taxes and noncontrolling interest 215,929 193,558 187,600
Provision for income taxes 18,439 3,501 5,397
Net income 197,490 190,057 182,203
Noncontrolling interest (176,603)    
Net income available for common stockholders $ 20,887    
Earnings per share      
Basic (in dollars per share) $ 0.60    
Diluted (in dollars per share) $ 0.59    
Weighted average common shares outstanding      
Basic (in shares) 34,964,312    
Diluted (in shares) 35,339,585    
Comprehensive income      
Net income $ 197,490 190,057 182,203
Other comprehensive income (loss)      
Foreign exchange translation adjustment, net of taxes (4,255) (5,032) 1,382
Comprehensive income 193,235 $ 185,025 $ 183,585
Less: Comprehensive income attributable to non-controlling interests (172,249)    
Comprehensive income attributable to common stockholders $ 20,986