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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Commissions and fees $ 289,942 $ 245,983 $ 586,475 $ 507,435
Investment income 187 393 322 617
Other income, net 787 440 6,605 992
Total revenues 290,916 246,816 593,402 509,044
EXPENSES        
Employee compensation and benefits 150,752 125,852 300,348 252,409
Non-cash stock-based compensation 3,738 2,709 7,485 5,482
Other operating expenses 42,220 34,979 85,620 71,055
Amortization 15,881 13,556 31,494 27,065
Depreciation 3,784 3,079 7,425 6,214
Interest 4,000 3,608 8,087 7,215
Change in estimated acquisition earn-out payables (604) 1,565 (992) 1,466
Total expenses 219,771 185,348 439,467 370,906
Income before income taxes 71,145 61,468 153,935 138,138
Income taxes 28,674 24,433 62,031 54,810
Net income $ 42,471 $ 37,035 $ 91,904 $ 83,328
Net income per share:        
Basic $ 0.30 $ 0.26 $ 0.64 $ 0.58
Diluted $ 0.29 $ 0.26 $ 0.63 $ 0.57
Weighted average number of shares outstanding:        
Basic 139,086 138,379 139,044 138,365
Diluted 141,828 139,942 141,664 140,950
Dividends declared per share $ 0.0850 $ 0.0800 $ 0.1700 $ 0.1600