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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Financial Information About Business Segments
The following tables highlight certain financial information about each of the Company’s business segments for the years ended December 31, 2013, 2012 and 2011:
 
 
Private
Banks
 
Investment
Advisors
 
Institutional
Investors
 
Investment
Managers
 
Investments
In New
Businesses
 
Total
 
 
For the Year Ended December 31, 2013
Revenues
 
$
397,138

 
$
241,252

 
$
257,658

 
$
226,081

 
$
4,003

 
$
1,126,132

Expenses
 
392,399

 
133,962

 
133,218

 
148,977

 
15,723

 
824,279

Operating profit (loss)
 
$
4,739

 
$
107,290

 
$
124,440

 
$
77,104

 
$
(11,720
)
 
$
301,853

Gain on sale of subsidiary
 
22,112

 

 

 

 

 
22,112

Total profit (loss)
 
$
26,851

 
$
107,290

 
$
124,440

 
$
77,104

 
$
(11,720
)
 
$
323,965

 
 
Private
Banks
 
Investment
Advisors
 
Institutional
Investors
 
Investment
Managers
 
Investments
In New
Businesses
 
Total
 
 
For the Year Ended December 31, 2012
Revenues
 
$
364,788

 
$
202,703

 
$
227,889

 
$
193,484

 
$
3,658

 
$
992,522

Expenses
 
357,001

 
120,146

 
116,546

 
127,525

 
14,954

 
736,172

Operating profit (loss)
 
$
7,787

 
$
82,557

 
$
111,343

 
$
65,959

 
$
(11,296
)
 
$
256,350

 
 
Private
Banks
 
Investment
Advisors
 
Institutional
Investors
 
Investment
Managers
 
Investments
In New
Businesses
 
Total
 
 
For the Year Ended December 31, 2011
Revenues
 
$
348,122

 
$
189,780

 
$
210,027

 
$
177,975

 
$
3,823

 
$
929,727

Expenses
 
339,339

 
110,438

 
106,585

 
115,963

 
11,559

 
683,884

Operating profit (loss)
 
$
8,783

 
$
79,342

 
$
103,442

 
$
62,012

 
$
(7,736
)
 
$
245,843

Reconciliation Of Total Operating Profit Reported For Business Segments To Income From Operations In Consolidated Statements Of Operations
A reconciliation of the total reported for the business segments to income from operations in the Consolidated Statements of Operations for the years ended December 31, 2013, 2012 and 2011 is as follows:
Year Ended December 31,
 
2013
 
2012
 
2011
Total operating profit from segments above
 
$
301,853

 
$
256,350

 
$
245,843

Corporate overhead expenses
 
(53,733
)
 
(45,759
)
 
(43,398
)
Noncontrolling interest reflected in segments
 
289

 
975

 
1,620

Income from operations
 
$
248,409

 
$
211,566

 
$
204,065

Additional Information Pertaining To Business Segments
The following tables provide additional information for the years ended December 31, 2013, 2012 and 2011 pertaining to our business segments:
 
 
Capital Expenditures
 
Depreciation
Year Ended December 31,
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
Private Banks
 
$
34,258

 
$
32,509

 
$
35,045

 
$
15,506

 
$
15,226

 
$
15,648

Investment Advisors
 
12,611

 
11,193

 
11,933

 
2,091

 
1,981

 
2,251

Institutional Investors
 
2,712

 
2,781

 
2,059

 
893

 
1,012

 
1,079

Investment Managers
 
4,871

 
5,494

 
3,081

 
1,970

 
1,914

 
1,809

Investments in New Businesses
 
639

 
632

 
577

 
1,589

 
1,716

 
114

Total from business segments
 
$
55,091

 
$
52,609

 
$
52,695

 
$
22,049

 
$
21,849

 
$
20,901

Corporate Overhead
 
760

 
1,465

 
530

 
448

 
737

 
570

 
 
$
55,851

 
$
54,074

 
$
53,225

 
$
22,497

 
$
22,586

 
$
21,471

 
 
Amortization
Year Ended December 31,
 
2013
 
2012
 
2011
Private Banks
 
$
22,379

 
$
22,218

 
$
18,081

Investment Advisors
 
8,234

 
7,167

 
6,201

Institutional Investors
 
1,274

 
1,208

 
864

Investment Managers
 
851

 
804

 
580

Investments in New Businesses
 
1,636

 
1,249

 
433

Total from business segments
 
$
34,374

 
$
32,646

 
$
26,159

Corporate Overhead
 
228

 
612

 
1,129

 
 
$
34,602

 
$
33,258

 
$
27,288

 
 
Total Assets
 
 
2013
 
2012
Private Banks
 
$
430,613

 
$
481,602

Investment Advisors
 
124,028

 
120,255

Institutional Investors
 
97,816

 
99,461

Investment Managers
 
122,969

 
118,221

Investments in New Businesses
 
6,064

 
5,846

Total from business segments
 
$
781,490

 
$
825,385

Corporate Overhead (1)
 
657,679

 
484,439

 
 
$
1,439,169

 
$
1,309,824


(1) Unallocated assets primarily consist of cash and cash equivalents, marketable securities, and certain other shared services assets.
Revenues And Assets Based On Location
The following table presents revenues based on the location of the use of the products or services:
For the Year Ended December 31,
 
2013
 
2012
 
2011
United States
 
$
962,266

 
$
843,407

 
$
785,506

International operations
 
163,866

 
149,115

 
144,221

 
 
$
1,126,132

 
$
992,522

 
$
929,727

The following table presents assets based on their location:
 
 
2013
 
2012
United States
 
$
1,231,565

 
$
1,066,451

International operations
 
207,604

 
243,373

 
 
$
1,439,169

 
$
1,309,824