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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2013
Jun. 29, 2012
Jun. 28, 2013
Jun. 29, 2012
Trade revenue        
Commissions $ 566,187 $ 479,983 $ 1,105,659 $ 960,604
Principal transactions 33,575 41,815 60,446 87,116
Investment banking 30,601 30,038 57,789 59,112
Total trade revenue 630,363 551,836 1,223,894 1,106,832
Fee revenue        
Asset-based 616,960 494,636 1,187,287 976,965
Account and activity 140,388 143,462 279,082 284,030
Total fee revenue 757,348 638,098 1,466,369 1,260,995
Interest and dividends 33,356 33,344 65,815 65,652
Other revenue 10,666 6,960 26,316 19,205
Total revenue 1,431,733 1,230,238 2,782,394 2,452,684
Interest expense 15,053 15,752 30,216 31,876
Net revenue 1,416,680 1,214,486 2,752,178 2,420,808
Operating expenses:        
Compensation and benefits 941,739 797,199 1,828,799 1,577,855
Occupancy and equipment 89,241 87,342 178,655 177,153
Communications and data processing 73,336 70,753 146,577 141,917
Payroll and other taxes 52,735 46,336 110,595 98,986
Advertising 13,582 12,982 30,219 25,524
Postage and shipping 13,773 11,966 26,710 24,347
Clearance fees 3,096 3,025 6,440 6,472
Other operating expenses 57,038 45,921 103,264 91,027
Total operating expenses 1,244,540 1,075,524 2,431,259 2,143,281
Income before allocations to partners 172,140 138,962 320,919 277,527
Allocations to partners:        
Limited partners 19,975 18,056 37,314 36,166
Subordinated limited partners 18,850 15,400 35,354 31,068
General partners 133,315 105,506 248,251 210,293
Net income $ 0 $ 0 $ 0 $ 0
Income before allocations to partners per weighted average $1,000 equivalent limited partnership unit outstanding $ 30.92 $ 27.50 $ 57.64 $ 54.92
Weighted average $1,000 equivalent limited partnership units outstanding 646,022 656,582 647,363 658,521