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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES        
Commissions and fees $ 302,310 $ 257,177 $ 888,785 $ 764,612
Investment income 239 317 561 934
Other income, net 1,251 2,907 7,856 3,899
Total revenues 303,800 260,401 897,202 769,445
EXPENSES        
Employee compensation and benefits 149,691 126,877 450,039 379,286
Non-cash stock-based compensation 3,908 2,856 11,393 8,338
Other operating expenses 43,774 38,434 129,394 109,489
Amortization 15,956 13,725 47,450 40,790
Depreciation 3,958 3,062 11,383 9,276
Interest 4,006 3,565 12,093 10,780
Change in estimated acquisition earn-out payables 858 (810) (134) 656
Total expenses 222,151 187,709 661,618 558,615
Income before income taxes 81,649 72,692 235,584 210,830
Income taxes 32,145 28,519 94,176 83,329
Net income $ 49,504 $ 44,173 $ 141,408 $ 127,501
Net income per share:        
Basic $ 0.34 $ 0.31 $ 0.99 $ 0.89
Diluted $ 0.34 $ 0.30 $ 0.97 $ 0.88
Weighted average number of shares outstanding:        
Basic 139,465 138,690 139,185 138,475
Diluted 142,097 140,443 141,769 140,120
Dividends declared per share $ 0.0850 $ 0.0800 $ 0.2550 $ 0.2400