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Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule Of Financial Information About Business Segments

The following tables highlight certain financial information about each of the Company’s business segments for the three months ended March 31, 2019 and 2018.

	Private Banks				Investment Advisors				Institutional Investors				Investment Managers				Investments In New Businesses				Total
	For the Three Months Ended March 31, 2019
Revenues	$	118,259			$	94,761			$	80,113			$	104,649			$	3,038			$	400,820
Expenses	110,962				52,502				38,754				69,066				5,940				277,224
Operating profit (loss)	$	7,297			$	42,259			$	41,359			$	35,583			$	(2,902	)		$	123,596

	Private Banks				Investment Advisors				Institutional Investors				Investment Managers				Investments In New Businesses				Total
	For the Three Months Ended March 31, 2018
Revenues	$	122,164			$	99,192			$	85,491			$	96,855			$	1,896			$	405,598
Expenses	112,202				52,453				41,249				63,338				5,098				274,340
Operating profit (loss)	$	9,962			$	46,739			$	44,242			$	33,517			$	(3,202	)		$	131,258

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, 2019 and 2018 is as follows: 

	2019				2018
Total operating profit from segments	$	123,596			$	131,258
Corporate overhead expenses	(20,035		)		(14,942		)
Income from operations	$	103,561			$	116,316

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated

The following tables provide additional information for the three months ended March 31, 2019 and 2018 pertaining to our business segments: 

	Capital Expenditures (1)								Depreciation
	2019				2018				2019				2018
Private Banks	$	8,461			$	10,239			$	3,549			$	3,319
Investment Advisors	3,947				4,260				1,179				1,105
Institutional Investors	871				967				405				448
Investment Managers	3,349				2,520				1,771				1,809
Investments in New Businesses	241				204				91				150
Total from business segments	$	16,869			$	18,190			$	6,995			$	6,831
Corporate overhead	385				308				336				291
	$	17,254			$	18,498			$	7,331			$	7,122

(1) Capital expenditures include additions to property and equipment and capitalized software.

	Amortization
	2019				2018
Private Banks	$	7,141			$	6,627
Investment Advisors	2,523				2,357
Institutional Investors	433				427
Investment Managers	2,339				2,345
Investments in New Businesses	185				40
Total from business segments	$	12,621			$	11,796
Corporate overhead	58				58
	$	12,679			$	11,854

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

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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.

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