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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Commissions and fees $ 394,690 $ 324,150 $ 756,697 $ 657,943
Investment income 194 239 297 425
Other income, net 2,880 1,403 4,364 2,436
Total revenues 397,764 325,792 761,358 660,804
EXPENSES        
Employee compensation and benefits 196,397 163,514 380,507 323,012
Non-cash stock-based compensation 5,994 3,623 13,509 7,473
Other operating expenses 60,546 47,397 113,007 93,736
Amortization 20,623 16,121 38,499 32,282
Depreciation 5,242 4,263 9,882 8,430
Interest 7,004 3,997 11,076 7,981
Change in estimated acquisition earn-out payables 177 656 6,260 2,178
Total expenses 295,983 239,571 572,740 475,092
Income before income taxes 101,781 86,221 188,618 185,712
Income taxes 40,026 34,214 74,448 73,574
Net income $ 61,755 $ 52,007 $ 114,170 $ 112,138
Net income per share:        
Basic $ 0.43 $ 0.36 $ 0.79 $ 0.78
Diluted $ 0.42 $ 0.36 $ 0.78 $ 0.77
Dividends declared per share $ 0.1000 $ 0.0900 $ 0.2000 $ 0.1800