Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule Of Financial Information About Business Segments

The following tables highlight certain financial information about each of the Company’s business segments for the three months ended March 31, 2020 and 2019:

	Private Banks		Investment Advisors		Institutional Investors		Investment Managers		Investments In New Businesses			Total
	For the Three Months Ended March 31, 2020
Revenues	$	113,221	$	102,321	$	79,203	$	116,629	$	3,388		$	414,762
Expenses	110,653		52,432		38,267		74,289		10,910			286,551
Operating profit (loss)	$	2,568	$	49,889	$	40,936	$	42,340	$	(7,522	)	$	128,211

	Private Banks		Investment Advisors		Institutional Investors		Investment Managers		Investments In New Businesses			Total
	For the Three Months Ended March 31, 2019
Revenues	$	118,259	$	94,761	$	80,113	$	104,649	$	3,038		$	400,820
Expenses	110,962		52,502		38,754		69,066		5,940			277,224
Operating profit (loss)	$	7,297	$	42,259	$	41,359	$	35,583	$	(2,902	)	$	123,596

Reconciliation Of Total Operating Profit Reported For Business Segments To Income From Operations In Consolidated Statements Of Operations

A reconciliation of the total operating profit reported for the business segments to income from operations in the Consolidated Statements of Operations for the three months ended March 31, 2020 and 2019 is as follows:

	2020			2019
Total operating profit from segments	$	128,211		$	123,596
Corporate overhead expenses	(17,983		)	(20,035		)
Income from operations	$	110,228		$	103,561

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated

The following tables provide additional information for the three months ended March 31, 2020 and 2019 pertaining to our business segments:

	Capital Expenditures (1)				Depreciation
	2020		2019		2020		2019
Private Banks	$	9,925	$	8,461	$	3,882	$	3,549
Investment Advisors	5,390		3,947		1,151		1,179
Institutional Investors	1,358		871		302		405
Investment Managers	9,032		3,349		1,812		1,771
Investments in New Businesses	418		241		70		91
Total from business segments	$	26,123	$	16,869	$	7,217	$	6,995
Corporate overhead	997		385		256		336
	$	27,120	$	17,254	$	7,473	$	7,331

(1) Capital expenditures include additions to property and equipment and capitalized software.

	Amortization
	2020		2019
Private Banks	$	7,421	$	7,141
Investment Advisors	2,652		2,523
Institutional Investors	427		433
Investment Managers	2,335		2,339
Investments in New Businesses	185		185
Total from business segments	$	13,020	$	12,621
Corporate overhead	57		58
	$	13,077	$	12,679