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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows from Operating Activities:    
Net income $ 98,619 $ 57,118
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 21,958 19,124
Amortization of loans and advances to financial advisors and other employees 42,687 42,262
Amortization of premium on available-for-sale securities 11,215 9,201
Provision for loan losses and allowance for loans and advances to financial advisors and other employees 1,685 986
Amortization of intangible assets 3,713 3,588
Deferred income taxes 53,872 23,777
Excess tax benefits from stock-based compensation (14,510) (25,188)
Stock-based compensation 29,213 19,562
Gains on investments (29,272) (60)
Other net 143 931
Decrease/(increase) in operating assets:    
Cash segregated for regulatory purposes and restricted cash 292 5,985
Receivables:    
Brokerage clients 41,000 (49,174)
Brokers, dealers and clearing organizations 39,889 11,757
Securities purchased under agreements to resell (66,509) 2,613
Loans originated as held for sale (1,156,692) (638,596)
Proceeds from mortgages held for sale 1,075,487 608,853
Trading securities owned, including those pledged (271,262) (82,274)
Loans and advances to financial advisors and other employees (53,351) (30,265)
Other assets (21,360) (37,058)
Increase/(decrease) in operating liabilities    
Brokerage clients 84,040 29,207
Brokers, dealers and clearing organizations 19,272 (63,977)
Drafts (12,504) (27,871)
Trading securities sold, but not yet purchased 106,024 72,050
Other liabilities and accrued expenses (54,341) (82,110)
Net cash used in operating activities (50,692) (129,559)
Cash Flows from Investing Activities:    
Maturities, calls, sales, and principal paydowns on available-for-sale securities 353,324 535,499
Calls on held-to-maturity securities 10,500 800
Sale or maturity of investments 84,718 74,437
Sale of other real estate owned 137 808
Increase in bank loans, net (112,687) (178,275)
Payments for:    
Purchase of available-for-sale securities (607,579) (868,769)
Purchase of held-to-maturity securities (477,117) (80,115)
Purchase of investments (58,912) (71,991)
Purchase of fixed assets (13,823) (32,561)
Net cash used in investing activities (821,439) (620,167)
Cash Flows from Financing Activities:    
(Repayments of)/ proceeds from short-term borrowings from banks (101,500) 201,000
Proceeds from Senior Note offering 170,291   
Increase/(decrease) in securities sold under agreements to repurchase (1,739) (56,790)
Increase in bank deposits, net 851,933 497,195
Increase in securities loaned (35,102) 92,518
Excess tax benefits from stock-based compensation 14,510 25,188
Repurchase of common stock (9,163) (48,505)
Reissuance of treasury stock 8,829 2,755
Extinguishment of subordinated debt (1,639) (1,284)
Net cash provided by financing activities 896,420 712,077
Effect of exchange rate changes on cash 1,373 (1,261)
Decrease in cash and cash equivalents 25,662 (38,910)
Cash and cash equivalents at beginning of period 167,671 253,529
Cash and cash equivalents at end of period 193,333 214,619
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds 2,940 5,618
Cash paid for interest 22,567 18,880
Noncash investing and financing activities:    
Units, net of forfeitures $ 106,404 $ 119,530