Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Schedule Of Financial Information About Business Segments

The following tables highlight certain unaudited financial information about each of the Company’s business segments for the three months ended March 31, 2014 and 2013.



	Private Banks		Investment Advisors		Institutional Investors		Investment Managers		Investments In New Businesses			Total
	For the Three Months Ended March 31, 2014
Revenues	$	105,179	$	66,424	$	68,657	$	61,008	$	1,118		$	302,386
Expenses	100,190		34,577		34,095		39,184		4,249			212,295
Operating profit (loss)	$	4,989	$	31,847	$	34,562	$	21,824	$	(3,131	)	$	90,091
Gain on sale of subsidiary	5,582		—		—		—		—			5,582
Total profit (loss)	$	10,571	$	31,847	$	34,562	$	21,824	$	(3,131	)	$	95,673



	Private Banks		Investment Advisors		Institutional Investors		Investment Managers		Investments In New Businesses			Total
	For the Three Months Ended March 31, 2013
Revenues	$	98,746	$	55,191	$	63,162	$	53,820	$	960		$	271,879
Expenses	96,298		31,625		31,509		35,162		3,738			198,332
Operating profit (loss)	$	2,448	$	23,566	$	31,653	$	18,658	$	(2,778	)	$	73,547
Gain on sale of subsidiary	22,112		—		—		—		—			22,112
Total profit (loss)	$	24,560	$	23,566	$	31,653	$	18,658	$	(2,778	)	$	95,659

Reconciliation Of Total Operating Profit Reported For Business Segments To Income From Operations In Consolidated Statements Of Operations

A reconciliation of the total operating profit reported for the business segments to income from operations in the Consolidated Statements of Operations for the three months ended March 31, 2014 and 2013 is as follows:



	2014			2013
Total operating profit from segments above	$	90,091		$	73,547
Corporate overhead expenses	(11,699		)	(13,794		)
Noncontrolling interest reflected in segments	—			289
Income from operations	$	78,392		$	60,042

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]

The following tables provide additional information for the three months ended March 31, 2014 and 2013 pertaining to our business segments:



	Capital Expenditures				Depreciation
	2014		2013		2014		2013
Private Banks	$	8,798	$	4,851	$	3,732	$	3,933
Investment Advisors	3,589		1,775		491		509
Institutional Investors	1,288		363		209		230
Investment Managers	2,135		623		512		462
Investments in New Businesses	580		88		530		454
Total from business segments	$	16,390	$	7,700	$	5,474	$	5,588
Corporate overhead	645		92		110		116
	$	17,035	$	7,792	$	5,584	$	5,704



	Amortization
	2014		2013
Private Banks	$	5,952	$	5,336
Investment Advisors	2,197		1,957
Institutional Investors	341		302
Investment Managers	227		202
Investments in New Businesses	440		388
Total from business segments	$	9,157	$	8,185
Corporate overhead	57		57
	$	9,214	$	8,242

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details