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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES        
Commissions and fees $ 420,615 $ 358,196 $ 1,177,312 $ 1,016,139
Investment income 225 85 522 510
Other income, net 578 1,029 4,942 3,465
Total revenues 421,418 359,310 1,182,776 1,020,114
EXPENSES        
Employee compensation and benefits 203,126 180,528 583,633 503,540
Non-cash stock-based compensation 5,640 7,431 19,149 14,904
Other operating expenses 64,916 50,102 177,923 143,838
Amortization 21,983 17,858 60,482 50,140
Depreciation 5,456 4,466 15,338 12,896
Interest 7,298 4,135 18,374 12,116
Change in estimated acquisition earn-out payables 314 (665) 6,574 1,513
Total expenses 308,733 263,855 881,473 738,947
Income before income taxes 112,685 95,455 301,303 281,167
Income taxes 44,354 37,706 118,802 111,280
Net income $ 68,331 $ 57,749 $ 182,501 $ 169,887
Net income per share:        
Basic $ 0.47 $ 0.40 $ 1.26 $ 1.18
Diluted $ 0.47 $ 0.39 $ 1.24 $ 1.16
Dividends declared per share $ 0.100 $ 0.090 $ 0.300 $ 0.270