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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Trading income, net $ 665,465 $ 757,455 $ 685,150
Interest and dividends income 26,419 28,136 27,923
Technology services 10,352 10,622 9,980
Other, net 36    
Total revenue 702,272 796,213 723,053
Operating Expenses:      
Brokerage, exchange and clearance fees, net 221,214 232,469 230,965
Communication and data processing 71,001 68,647 68,847
Employee compensation and payroll taxes 85,295 88,026 84,531
Interest and dividends expense 56,557 52,423 47,083
Operations and administrative 23,039 25,991 21,923
Depreciation and amortization 29,703 33,629 30,441
Amortization of purchased intangibles and acquired capitalized software 211 211 211
Acquisition related retention bonus 0 0 2,639
Amortization expense related to the deferred financing fees 5,579    
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 1,755 44,194  
Financing interest expense on long-term borrowings 28,327 29,254 30,894
Total operating expenses 522,681 580,284 529,495
Income before income taxes and noncontrolling interest 179,591 215,929 193,558
Provision for income taxes 21,251 18,439 3,501
Net income 158,340 197,490 190,057
Noncontrolling interest (125,360) (176,603)  
Net income available for common stockholders $ 32,980 $ 20,887  
Earnings per share      
Basic (in dollars per share) $ 0.83 $ 0.60  
Diluted (in dollars per share) $ 0.83 $ 0.59  
Weighted average common shares outstanding      
Basic (in shares) 38,539,091 34,964,312  
Diluted (in shares) 38,539,091 35,339,585  
Comprehensive income      
Net income $ 158,340 $ 197,490 190,057
Other comprehensive income (loss)      
Foreign exchange translation adjustment, net of taxes (1,165) (4,255) (5,032)
Comprehensive income 157,175 193,235 $ 185,025
Less: Comprehensive income attributable to non-controlling interests (124,546) (172,249)  
Comprehensive income attributable to common stockholders $ 32,629 $ 20,986