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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income (loss) from continuing operations $ 2,156 $ 5,989 [1]
Adjustments to reconcile net income to net cash used in operating activities    
Payment of taxes due for vested share-based awards related to amounts the Company withheld on behalf of its employees to meet minimum statutory tax withholding requirements 1,341 1,683
Depreciation and amortization of office facilities and leasehold improvements 4,366 5,471
Deferred income taxes (4,473) 1,103
Amortization of notes receivable 9,844 9,742
Amortization of debt issuance costs 363 364
Amortization of mortgage servicing rights 44 829
Provision for credit losses (42) 77
Share-based compensation 3,230 2,569
Gain on sale of assets (17,526) 0
Decrease (increase) in operating assets:    
Cash and securities segregated for regulatory and other purposes 0 17,739
Deposits with clearing organizations (13,876) 24,860
Receivable from brokers, dealers and clearing organizations 105,196 (84,333)
Receivable from customers 42,349 (31,948)
Income tax receivable 8,965 (1,865)
Securities purchased under agreements to resell 206,499 251,606
Securities owned (293,103) (197,476)
Notes receivable (8,115) (8,434)
Loans held for sale 60,234 (14,807)
Mortgage servicing rights 169 (283)
Other assets (10,647) (1,668)
Increase (decrease) in operating liabilities:    
Drafts payable (16,597) (11,371)
Payable to brokers, dealers and clearing organizations (10,378) (6,648)
Payable to customers (77,152) 40,160
Securities sold under agreements to repurchase (123,332) (224,366)
Securities sold, but not yet purchased 169,014 219,154
Accrued compensation (29,132) (39,285)
Accounts payable and other liabilities (59,012) 4,425
Cash used in operating activities (24,545) (89,799)
Cash flows from investing activities    
Purchase of office facilities (4,397) (3,613)
Proceeds from sale of assets 47,562 0
Cash provided by (used in) investing activities 43,165 (3,613)
Cash flows from financing activities    
Cash dividends paid on Class A non-voting and Class B voting common stock (4,417) (4,531)
Cash dividends paid to noncontrolling interest 5,740 0
Repurchase of Class A non-voting common stock for cancellation (3,832) (6,618)
Tax deficiency from share-based awards (751) (235)
Increase in bank call loans, net 31,800 88,300
Cash provided by financing activities 17,060 76,916
Net increase (decrease) in cash and cash equivalents 35,680 (16,496)
Cash and cash equivalents, beginning of period 63,364 63,807
Cash and cash equivalents, end of period 99,044 47,311
Schedule of non-cash financing activities    
Employee share plan issuance 5,776 3,373
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 11,678 9,568
Cash (received) paid during the period for income taxes, net of refunds $ (4,023) $ 5,972
[1] Amounts have been recast to reflect discontinued operations. See Note 3 for details.