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Consolidated Statements Of Income (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 24, 2010
Sep. 30, 2011
Sep. 24, 2010
Trade revenue    
Commissions$ 441,234$ 359,635$ 1,301,077$ 1,143,532
Principal transactions71,89773,209219,556228,847
Investment banking37,86561,317120,720153,646
Total trade revenue550,996494,1611,641,3531,526,025
Fee revenue    
Asset-based451,669355,8601,325,174999,176
Account and activity136,098126,249391,085374,410
Total fee revenue587,767482,1091,716,2591,373,586
Interest and dividends34,62532,01497,65591,918
Other revenue (loss)(6,611)7,4315,16121,842
Total revenue1,166,7771,015,7153,460,4283,013,371
Interest expense16,34413,59751,49542,719
Net revenue1,150,4331,002,1183,408,9332,970,652
Operating expenses:    
Compensation and benefits764,581649,1612,225,3431,898,163
Occupancy and equipment90,18885,910268,163257,779
Communications and data processing70,38472,365217,186215,164
Payroll and other taxes42,55635,589133,879118,439
Advertising9,9518,46739,73341,622
Postage and shipping13,42813,33136,69638,017
Clearance fees2,9492,7939,5308,608
Other operating expenses40,77637,463120,748114,437
Total operating expenses1,034,813905,0793,051,2782,692,229
Income before allocations to partners115,62097,039357,655278,423
Allocations to partners:    
Limited partners16,74310,79352,08031,151
Subordinated limited partners12,17610,57837,34929,436
General partners86,70175,668268,226217,836
Net Income    
Income before allocations to partners per weighted average $1,000 equivalent limited partnership unit outstanding$ 25.11$ 23.74$ 77.69$ 68.10
Weighted average $1,000 equivalent limited partnership units outstanding666,786454,636670,357457,430