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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenues:        
Securities commissions and fees $ 853,330 $ 860,214 $ 1,702,992 $ 1,694,223
Investment banking 68,704 74,240 126,257 151,778
Investment advisory and related administrative fees 93,877 91,016 192,418 189,777
Interest 161,567 134,413 304,038 266,522
Account and service fees 127,528 111,966 244,351 223,124
Net trading profit 14,415 17,060 36,584 25,941
Other 21,497 23,715 35,804 41,103
Total revenues 1,340,918 1,312,624 2,642,444 2,592,468
Interest expense (29,424) (26,846) (56,433) (54,230)
Net revenues 1,311,494 1,285,778 2,586,011 2,538,238
Non-interest expenses:        
Compensation, commissions and benefits 887,945 882,234 1,754,355 1,720,488
Communications and information processing 68,482 67,635 140,620 126,747
Occupancy and equipment costs 40,891 41,604 82,680 80,831
Clearance and floor brokerage 10,517 13,588 20,513 23,086
Business development 35,417 42,490 76,041 79,480
Investment sub-advisory fees 14,282 14,987 28,836 29,242
Bank loan loss provision 9,629 3,937 23,539 13,302
Acquisition-related expenses 6,015 0 7,887 0
Other 48,112 43,670 99,161 90,780
Total non-interest expenses 1,121,290 1,110,145 2,233,632 2,163,956
Income including noncontrolling interests and before provision for income taxes 190,204 175,633 352,379 374,282
Provision for income taxes 72,271 66,857 134,280 143,469
Net income including noncontrolling interests 117,933 108,776 218,099 230,813
Net loss attributable to noncontrolling interests (7,914) (4,687) (14,077) (8,946)
Net income attributable to Raymond James Financial, Inc. $ 125,847 $ 113,463 $ 232,176 $ 239,759
Net income per common share – basic (in dollars per share) $ 0.89 $ 0.79 $ 1.63 $ 1.68
Net income per common share – diluted (in dollars per share) $ 0.87 $ 0.77 $ 1.60 $ 1.64
Weighted-average common shares outstanding – basic (in shares) 141,472 142,320 142,273 141,813
Weighted-average common and common equivalent shares outstanding – diluted (in shares) 144,012 146,050 145,047 146,188
Net income attributable to Raymond James Financial, Inc. $ 125,847 $ 113,463 $ 232,176 $ 239,759
Other comprehensive (loss) income, net of tax:        
Unrealized gain (loss) on available for sale securities and non-credit portion of other-than-temporary impairment losses [1] 1,099 2,337 (5,692) 2,313
Unrealized gain (loss) on currency translations, net of the impact of net investment hedges [1] 10,714 (15,279) 4,099 (21,719)
Unrealized loss on cash flow hedges [1] (11,469) (1,501) (8,204) (1,501)
Total comprehensive income [1] 126,191 99,020 222,379 218,852
Other-than-temporary impairment:        
Total other-than-temporary impairment, net (353) (627) 21 1,124
Portion of pre-tax losses (recoveries) recognized in other comprehensive income 353 627 (21) (1,124)
Net impairment losses recognized in other revenue $ 0 $ 0 $ 0 $ 0
[1] All components of other comprehensive income (loss), net of tax, are attributable to Raymond James Financial, Inc.