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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUES      
Commissions and fees $ 1,656,951 $ 1,567,460 $ 1,355,503
Investment income 1,004 747 638
Other income, net 2,554 7,589 7,138
Total revenues 1,660,509 1,575,796 1,363,279
EXPENSES      
Employee compensation and benefits 841,439 791,749 683,000
Non-cash stock-based compensation 15,513 19,363 22,603
Other operating expenses 251,055 235,328 195,677
Loss/(gain) on disposal (619) 47,425 0
Amortization 87,421 82,941 67,932
Depreciation 20,890 20,895 17,485
Interest 39,248 28,408 16,440
Change in estimated acquisition earn-out payables 3,003 9,938 2,533
Total expenses 1,257,950 1,236,047 1,005,670
Income before income taxes 402,559 339,749 357,609
Income taxes 159,241 132,853 140,497
Net income $ 243,318 $ 206,896 $ 217,112
Net income per share:      
Basic (in dollars per share) $ 1.72 $ 1.43 $ 1.50
Diluted (in dollars per share) 1.70 1.41 1.48
Dividends declared per share (in dollars per share) $ 0.45 $ 0.41 $ 0.37