XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUE    
Commissions $ 79,409 $ 83,407
Investment Advisory Fee Revenue 73,647 77,548
Investment banking 28,043 28,210
Proceeds from (Payments for) in Interest-bearing Deposits in Banks 33,968 25,297
Interest 12,727 12,227
Principal transactions, net 11,438 2,726
Other 12,538 5,115
Total revenue 251,770 234,530
EXPENSES    
Compensation and related expenses 160,355 153,104
Communications and technology 20,086 18,688
Occupancy and equipment costs 15,273 15,428
Clearing and exchange fees 5,332 6,096
Interest 12,986 8,963
Other 21,686 22,630
Total expenses 235,718 224,909
Operating Income (Loss) 16,052 9,621
Income Tax Expense (Benefit) 4,858 2,916
Net Income (Loss) Attributable to Parent $ 11,194 $ 6,705
Net income per share    
Net loss per share (in dollars per share) $ 0.86 $ 0.51
Earnings Per Share, Diluted [Abstract]    
Net loss per share (in dollars per share) $ 0.81 $ 0.48
Weighted average shares    
Basic (in shares) 13,020,344 13,239,628
Diluted (in shares) 13,851,321 13,977,492