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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income (loss) for the period $ 2,167 $ 6,959
Adjustments to reconcile net income to net cash used in operating activities    
Payment of taxes due for share-based awards (2,074) 0
Depreciation and amortization of office facilities and leasehold improvements 3,862 5,045
Deferred income taxes 7,299 14,399
Amortization of notes receivable 8,534 9,388
Amortization of debt issuance costs 287 319
Write-off of debt issuance costs 588 0
Amortization of mortgage servicing rights 1,514 538
Provision for (reversal of) credit losses 13 (147)
Share-based compensation 3,479 3,280
Decrease (increase) in operating assets:    
Cash and securities segregated for regulatory and other purposes 17,206 (7,055)
Deposits with clearing organizations (8,506) (417)
Receivable from brokers, dealers and clearing organizations 13,556 193,866
Receivable from customers (82,159) (146,509)
Income tax receivable (6,678) (11,165)
Securities purchased under agreements to resell (65,175) 0
Securities owned (88,383) (109,148)
Notes receivable (5,599) (4,555)
Loans held for sale 60,183 (13,486)
Mortgage servicing rights less amortization (1,750) (1,220)
Other assets 29,586 (22,786)
Increase (decrease) in operating liabilities:    
Drafts payable (15,285) (8,908)
Payable to brokers, dealers and clearing organizations 32,117 50,501
Payable to customers 58,320 (59,725)
Securities sold under agreements to repurchase 59,115 103,631
Securities sold, but not yet purchased 49,778 (62,374)
Accrued compensation (58,363) (34,910)
Accounts payable and other liabilities (27,022) (11,400)
Cash used in operating activities (13,390) (105,879)
Cash flows from investing activities    
Purchase of office facilities (2,185) (11,687)
Cash used in investing activities (2,185) (11,687)
Cash flows from investing activities    
Cash dividends paid on Class A non-voting and Class B voting common stock (2,984) (2,994)
Issuance of Class A non-voting common stock 185 0
Repurchase of Class A non-voting common stock for cancellation 0 (208)
Tax benefit from share-based awards 1,254 0
Redemption of senior secured notes (45,000) 0
Increase in bank call loans, net 29,000 91,500
Cash (used in) provided by financing activities (17,545) 88,298
Net decrease in cash and cash equivalents (33,120) (29,268)
Cash and cash equivalents, beginning of period 98,294 135,366
Cash and cash equivalents, end of period 65,174 106,098
Schedule of non-cash financing activities    
Employee share plan issuance 1,774 0
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 10,507 13,349
Cash paid during the period for income taxes, net of refunds $ 2,161 $ 1,939