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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income $ 23,000 $ 491 $ 2,898
Non-cash items included in net income:      
Depreciation and amortization of furniture, equipment and leasehold improvements 5,657 6,788 7,188
Deferred Income Taxes and Tax Credits (2,045) (2,941) 4,538
Amortization of notes receivable 11,791 12,960 12,708
Amortization of debt issuance costs 353 484 485
Write-off of debt issuance costs 430 0 0
Amortization of mortgage servicing rights 0 1,286 727
(Reversal of) provision for credit losses (25) (1,751) 118
Share-based compensation 12,573 6,203 2,860
Excess Tax Benefit from Share-based Compensation, Operating Activities 0 (740) (277)
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 (16,475) 0
Decrease (increase) in operating assets:      
Cash and securities segregated for regulatory and other purposes 0 0 18,594
Deposits with clearing organizations (4,037) 11,305 (12,980)
Receivable from brokers, dealers and clearing organizations 27,819 145,882 (46,438)
Increase (Decrease) in Accounts and Other Receivables 815 5,280 (23,716)
Income tax receivable 2,877 5,104 (6,697)
Securities purchased under agreements to resell 23,348 182,493 45,107
Securities owned (219,489) 24,725 107,762
Notes receivable (22,212) (10,210) (10,625)
Loans held for sale 0 60,234 (40,991)
Mortgage servicing rights 0 (1,300) 1,245
Other assets (37,130) 2,368 35
Increase (decrease) in operating liabilities:      
Drafts payable 3,184 (8,783) 12,638
Payable to brokers, dealers and clearing organizations (9,906) 56,843 (92,615)
Payable to customers (64,039) (144,887) (57,423)
Securities sold under agreements to repurchase 208,394 (273,361) (35,995)
Securities sold but not yet purchased 9,436 (41,443) 33,983
Accrued compensation 21,184 (6,864) (12,443)
Accounts payable and other liabilities (6,484) (69,996) 22,469
Cash used in operating activities (16,136) (66,865) (19,413)
Cash flows from investing activities      
Purchase of furniture, equipment and leasehold improvements (5,611) (5,731) (5,889)
Proceeds from Divestiture of Businesses 0 45,448 0
Proceeds from Life Insurance Policy 1,744 0 0
Cash (used in) provided by investing activities (3,867) 39,717 (5,889)
Cash flows from financing activities      
Cash dividends paid on Class A non-voting and Class B voting common stock (5,836) (5,887) (6,008)
Payments of Ordinary Dividends, Noncontrolling Interest (2,448) (5,740) 0
Issuance of Class A non-voting common stock 26 0 0
Repurchase of Class A non-voting common stock for cancellation (7,464) (3,935) (8,250)
Payments Related to Tax Withholding for Share-based Compensation (2,237) (1,341) (1,683)
Proceeds from Issuance of Senior Long-term Debt 200,000 0 0
Redemption of senior secured notes (150,000) 0 0
Payments of Debt Issuance Costs (1,297) 0 0
Redemption of senior secured notes (27,500) 45,600 40,800
Cash provided by financing activities 3,244 28,697 24,859
Net (decrease) increase in cash and cash equivalents (16,759) 1,549 (443)
Cash and cash equivalents, beginning of year 64,913 63,364 63,807
Cash and cash equivalents, end of year 48,154 64,913 63,364
Schedule of non-cash financing activities      
Employee share plan issuance 6,569 5,776 3,373
Supplemental disclosure of cash flow information      
Cash paid during the year for interest 23,899 19,705 17,273
Proceeds from Income Tax Refunds $ (2,378) $ (5,009)  
Cash (received) paid during the year for income taxes, net     $ 6,088