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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net income for the period $ (6,792) $ (12,467)
Adjustments to reconcile net income to net cash provided by operating activities    
Payment of taxes due for share-based awards (2,074) 0
Depreciation and amortization of office facilities and leasehold improvements 5,787 7,434
Deferred income taxes 6,423 13,862
Amortization of notes receivable 12,393 14,086
Amortization of debt issuance costs 408 479
Write-off of debt issuance costs 588 0
Amortization of mortgage servicing rights 2,025 1,120
Provision for credit losses 28 178
Share-based compensation 3,682 3,966
Decrease (increase) in operating assets:    
Cash and securities segregated for regulatory and other purposes 17,217 (3,569)
Deposits with clearing organizations (7,932) 900
Receivable from brokers, dealers and clearing organizations (16,070) 84,192
Receivable from customers (14,292) (55,670)
Income tax receivable (1,239) (5,701)
Securities purchased under agreements to resell (65,175) 0
Securities owned 49,316 (322,727)
Notes receivable (9,315) (9,875)
Loans held for sale 55,894 (42,883)
Mortgage servicing rights less amortization (2,642) (2,258)
Other assets 31,644 (14,407)
Increase (decrease) in operating liabilities:    
Drafts payable (23,882) (20,421)
Payable to brokers, dealers and clearing organizations (18,365) 61,725
Payable to customers 62,799 (1,467)
Securities sold under agreements to repurchase (69,181) 238,462
Securities sold, but not yet purchased 51,948 69,615
Accrued compensation (40,574) (17,340)
Accounts payable and other liabilities (22,466) 10,780
Cash provided by operating activities 13,737 22,948
Cash flows from investing activities    
Purchase of office facilities (3,366) (12,642)
Cash used in investing activities (3,366) (12,642)
Cash flows from investing activities    
Cash dividends paid on Class A non-voting and Class B voting common stock (4,483) (4,494)
Issuance of Class A non-voting common stock 185 85
Repurchase of Class A non-voting common stock for cancellation 0 (2,314)
Tax benefit (deficiency) from share-based awards 1,275 (92)
Redemption of senior secured notes (45,000) 0
Increase (decrease) in bank call loans, net 17,300 (33,500)
Cash used in financing activities (30,723) (40,315)
Net decrease in cash and cash equivalents (20,352) (30,009)
Cash and cash equivalents, beginning of period 98,294 135,366
Cash and cash equivalents, end of period 77,942 105,357
Schedule of non-cash financing activities    
Employee share plan issuance 2,014 1,492
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 11,400 14,993
Cash paid during the period for income taxes, net of refunds $ 4,103 $ 4,446