Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Reported Revenue and Profit Before Income Taxes

The table below presents information about the reported revenue and net income before taxes from continuing operations of the Company for the three and six months ended June 30, 2016 and 2015. Asset information by reportable segment is not reported, since the Company does not produce such information for internal use by the chief operating decision maker.



(Expressed in thousands)
	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2016			2015			2016			2015
Revenue
Private client ⁽¹⁾	$	121,358		$	133,783		$	248,902		$	273,715
Asset management ⁽¹⁾	22,770			25,344			45,744			49,805
Capital markets	65,524			69,531			126,589			141,697
Corporate/Other	2,422			(699		)	5,795			(83		)
Total	$	212,074		$	227,959		$	427,030		$	465,134

Income (loss) before income taxes from continuing operations
Private client ⁽¹⁾	$	14,345		$	13,402		$	30,662		$	30,159
Asset management ⁽¹⁾	5,703			7,801			12,471			15,687
Capital markets	4,045			3,623			(2,753		)	10,358
Corporate/Other	(29,339		)	(25,927		)	(52,966		)	(51,491		)
Total	$	(5,246	)	$	(1,101	)	$	(12,586	)	$	4,713

(1) Asset management fees are allocated 22.5% to the Asset Management and 77.5% to the Private Client segments.

Revenue Classified by Major Geographic Areas

Revenue, from continuing operations, classified by the major geographic areas in which it was earned for the three and six months ended June 30, 2016 and 2015, was as follows:



(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2016		2015		2016		2015
Americas	$	202,821	$	218,748	$	406,290	$	443,393
Europe/Middle East	8,440		8,332		19,032		19,304
Asia	813		879		1,708		2,437
Total	$	212,074	$	227,959	$	427,030	$	465,134