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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net income $ 491 $ 2,898 $ 9,561
Payment of taxes due for share-based awards (1,341) (1,683) (2,074)
Non-cash items included in net income:      
Depreciation and amortization of furniture, equipment and leasehold improvements 6,788 7,188 7,748
Deferred Income Taxes and Tax Credits (2,941) 4,538 6,001
Amortization of notes receivable 12,960 12,708 16,043
Amortization of debt issuance costs 484 485 530
Write-off of debt issuance costs 0 0 588
Amortization of mortgage servicing rights 1,286 727 2,819
Provision for (reversal of) credit losses (1,751) 118 4
Share-based compensation 6,203 2,860 6,074
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax (16,475) 0 0
Decrease (increase) in operating assets:      
Cash and securities segregated for regulatory and other purposes 0 18,594 17,729
Deposits with clearing organizations 11,305 (12,980) (12,831)
Receivable from brokers, dealers and clearing organizations 145,882 (46,438) 50,398
Receivable from customers (5,280) 23,716 4,676
Income tax receivable 5,104 (6,697) 2,322
Securities purchased under agreements to resell 182,493 45,107 (66,781)
Securities owned 24,725 107,762 12,933
Notes receivable (10,210) (10,625) (10,224)
Loans held for sale 60,234 (40,991) 56,746
Mortgage servicing rights (1,300) 1,245 (4,080)
Other assets 2,368 35 53,929
Increase (decrease) in operating liabilities:      
Drafts payable (8,783) 12,638 (12,825)
Payable to brokers, dealers and clearing organizations 56,843 (92,615) 33,846
Payable to customers (144,887) (57,423) 25,692
Securities sold under agreements to repurchase (273,361) (35,995) (70,051)
Securities sold but not yet purchased (41,443) 33,983 16,196
Accrued compensation (6,864) (12,443) (15,365)
Accounts payable and other liabilities (69,996) 22,469 (51,289)
Cash (used in) provided by operating activities (67,466) (20,819) 78,315
Cash flows from investing activities      
Purchase of furniture, equipment and leasehold improvements (5,731) (5,889) (4,398)
Proceeds from Divestiture of Businesses 45,448 0 0
Cash provided by (used in) investing activities 39,717 (5,889) (4,398)
Cash flows from financing activities      
Cash dividends paid on Class A non-voting and Class B voting common stock (5,887) (6,008) (5,983)
Payments of Ordinary Dividends, Noncontrolling Interest (5,740) 0 0
Issuance of Class A non-voting common stock 0 0 185
Repurchase of Class A non-voting common stock for cancellation (3,935) (8,250) 0
Excess tax benefit (deficiency) from share-based awards (740) (277) 1,194
Redemption of senior secured notes 0 0 (45,000)
Redemption of senior secured notes 45,600 40,800 (58,800)
Cash provided by (used in) financing activities 29,298 26,265 (108,404)
Net increase (decrease) in cash and cash equivalents 1,549 (443) (34,487)
Cash and cash equivalents, beginning of year 63,364 63,807 98,294
Cash and cash equivalents, end of year 64,913 63,364 63,807
Schedule of non-cash financing activities      
Employee share plan issuance 5,776 3,373 2,014
Supplemental disclosure of cash flow information      
Cash paid during the year for interest 19,705 17,273 18,784
Proceeds from Income Tax Refunds $ (5,009)    
Cash (received) paid during the year for income taxes, net   $ 6,088 $ 7,590