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Business Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2018
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, 2018, 2017 and 2016:
|  | Private Banks |  | Investment Advisors |  | Institutional Investors |  | Investment Managers |  | Investments In New Businesses |  | Total
|  | For the Year Ended December 31, 2018
Revenues |  | $ | 483,097 |  |  | $ | 399,089 |  |  | $ | 333,299 |  |  | $ | 398,076 |  |  | $ | 10,606 |  |  | $ | 1,624,167 |
Expenses |  | 457,894 |  |  | 212,439 |  |  | 163,536 |  |  | 259,693 |  |  | 22,971 |  |  | 1,116,533 |
Operating profit (loss) |  | $ | 25,203 |  |  | $ | 186,650 |  |  | $ | 169,763 |  |  | $ | 138,383 |  |  | $ | (12,365 | ) |  | $ | 507,634 |
|  | Private Banks |  | Investment Advisors |  | Institutional Investors |  | Investment Managers |  | Investments In New Businesses |  | Total
|  | For the Year Ended December 31, 2017
Revenues |  | $ | 474,272 |  |  | $ | 373,473 |  |  | $ | 322,457 |  |  | $ | 349,444 |  |  | $ | 6,906 |  |  | $ | 1,526,552 |
Expenses |  | 455,119 |  |  | 201,833 |  |  | 161,640 |  |  | 226,504 |  |  | 20,678 |  |  | 1,065,774 |
Operating profit (loss) |  | $ | 19,153 |  |  | $ | 171,640 |  |  | $ | 160,817 |  |  | $ | 122,940 |  |  | $ | (13,772 | ) |  | $ | 460,778 |
|  | Private Banks |  | Investment Advisors |  | Institutional Investors |  | Investment Managers |  | Investments In New Businesses |  | Total
|  | For the Year Ended December 31, 2016
Revenues |  | $ | 457,886 |  |  | $ | 330,677 |  |  | $ | 312,584 |  |  | $ | 294,390 |  |  | $ | 6,008 |  |  | $ | 1,401,545 |
Expenses |  | 421,188 |  |  | 180,140 |  |  | 153,117 |  |  | 191,127 |  |  | 20,962 |  |  | 966,534 |
Operating profit (loss) |  | $ | 36,698 |  |  | $ | 150,537 |  |  | $ | 159,467 |  |  | $ | 103,263 |  |  | $ | (14,954 | ) |  | $ | 435,011 |
Gain on sale of subsidiary |  | 2,791 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,791 |
Total profit (loss) |  | $ | 39,489 |  |  | $ | 150,537 |  |  | $ | 159,467 |  |  | $ | 103,263 |  |  | $ | (14,954 | ) |  | $ | 437,802 |
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, 2018, 2017 and 2016 is as follows:
Year Ended December 31, |  | 2018 |  | 2017 |  | 2016
Total operating profit from segments above |  | $ | 507,634 |  |  | $ | 460,778 |  |  | $ | 435,011 |
Corporate overhead expenses |  | (65,646 | ) |  | (63,834 | ) |  | (59,317 | )
Income from operations |  | $ | 441,988 |  |  | $ | 396,944 |  |  | $ | 375,694 |
Additional Information Pertaining To Business Segments | The following tables provide additional information for the years ended December 31, 2018, 2017 and 2016 pertaining to our business segments:
|  | Capital Expenditures (1) |  | Depreciation
Year Ended December 31, |  | 2018 |  | 2017 |  | 2016 |  | 2018 |  | 2017 |  | 2016
Private Banks |  | $ | 36,763 |  |  | $ | 47,526 |  |  | $ | 45,940 |  |  | $ | 13,773 |  |  | $ | 16,479 |  |  | $ | 13,222 |
Investment Advisors |  | 16,572 |  |  | 17,450 |  |  | 17,610 |  |  | 4,607 |  |  | 3,364 |  |  | 3,880 |
Institutional Investors |  | 3,863 |  |  | 4,020 |  |  | 4,319 |  |  | 1,672 |  |  | 1,121 |  |  | 1,367 |
Investment Managers |  | 13,639 |  |  | 15,863 |  |  | 11,209 |  |  | 6,988 |  |  | 4,698 |  |  | 4,877 |
Investments in New Businesses |  | 972 |  |  | 546 |  |  | 726 |  |  | 547 |  |  | 826 |  |  | 2,197 |
Total from business segments |  | $ | 71,809 |  |  | $ | 85,405 |  |  | $ | 79,804 |  |  | $ | 27,587 |  |  | $ | 26,488 |  |  | $ | 25,543 |
Corporate Overhead |  | 1,507 |  |  | 1,163 |  |  | 1,985 |  |  | 1,205 |  |  | 823 |  |  | 897 |
|  | $ | 73,316 |  |  | $ | 86,568 |  |  | $ | 81,789 |  |  | $ | 28,792 |  |  | $ | 27,311 |  |  | $ | 26,440 |
(1) Capital expenditures include additions to property and equipment and capitalized software.
|  | Amortization
Year Ended December 31, |  | 2018 |  | 2017 |  | 2016
Private Banks |  | $ | 27,312 |  |  | $ | 32,696 |  |  | $ | 31,675 |
Investment Advisors |  | 9,668 |  |  | 10,930 |  |  | 10,458 |
Institutional Investors |  | 1,707 |  |  | 1,599 |  |  | 1,674 |
Investment Managers |  | 9,382 |  |  | 2,593 |  |  | 1,092 |
Investments in New Businesses |  | 595 |  |  | 239 |  |  | 146 |
Total from business segments |  | $ | 48,664 |  |  | $ | 48,057 |  |  | $ | 45,045 |
Corporate Overhead |  | 231 |  |  | 218 |  |  | 347 |
|  | $ | 48,895 |  |  | $ | 48,275 |  |  | $ | 45,392 |
|  | Total Assets
|  | 2018 |  | 2017
Private Banks |  | $ | 558,451 |  |  | $ | 523,214 |
Investment Advisors |  | 143,042 |  |  | 139,697 |
Institutional Investors |  | 109,081 |  |  | 117,286 |
Investment Managers |  | 318,342 |  |  | 278,540 |
Investments in New Businesses |  | 33,142 |  |  | 19,269 |
Total from business segments |  | $ | 1,162,058 |  |  | $ | 1,078,006 |
Corporate Overhead (2) |  | 809,610 |  |  | 775,363 |
|  | $ | 1,971,668 |  |  | $ | 1,853,369 |
(2) 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, |  | 2018 |  | 2017 |  | 2016
United States |  | $ | 1,348,130 |  |  | $ | 1,298,381 |  |  | $ | 1,191,640 |
International operations |  | 276,037 |  |  | 228,171 |  |  | 209,905 |
|  | $ | 1,624,167 |  |  | $ | 1,526,552 |  |  | $ | 1,401,545 |
The following table presents assets based on their location:
|  | 2018 |  | 2017
United States |  | $ | 1,612,202 |  |  | $ | 1,471,260 |
International operations |  | 359,466 |  |  | 382,109 |
|  | $ | 1,971,668 |  |  | $ | 1,853,369 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 + Details
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- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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