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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Trading income, net $ 408,095 $ 412,511
Interest and dividends income $ 105,992 $ 82,244
Revenue from contract with customer, product and service [Extensible Enumeration] Commissions, Net and Technology Services [Member] Commissions, Net and Technology Services [Member]
Commissions, net and technology services $ 118,611 $ 121,444
Other, net 10,141 4,181
Total revenue 642,839 620,380
Operating Expenses:    
Brokerage, exchange, clearance fees and payments for order flow, net 139,799 145,523
Communication and data processing 58,182 56,812
Employee compensation and payroll taxes 100,823 103,437
Interest and dividends expense 126,028 97,601
Operations and administrative 22,346 24,299
Depreciation and amortization 16,076 15,348
Amortization of purchased intangibles and acquired capitalized software 14,687 16,020
Termination of office leases 17 96
Debt issue cost related to debt refinancing, prepayment and commitment fees 1,694 2,176
Transaction advisory fees and expenses 135 15
Financing interest expense on long-term borrowings 23,232 24,288
Total operating expenses 503,019 485,615
Income before income taxes and noncontrolling interest 139,820 134,765
Provision for income taxes 28,512 24,682
Net income 111,308 110,083
Noncontrolling interest (55,491) (52,202)
Net income available for common stockholders $ 55,817 $ 57,881
Earnings per share    
Basic (in dollars per share) $ 0.59 $ 0.56
Diluted (in dollars per share) $ 0.59 $ 0.56
Weighted average common shares outstanding    
Basic (in shares) 88,999,122 97,795,957
Diluted (in shares) 88,999,122 97,813,691
Net Income $ 111,308 $ 110,083
Other comprehensive income    
Foreign exchange translation adjustment, net of taxes (3,526) 1,648
Net change in unrealized cash flow hedges gain (loss), net of taxes 1,547 (13,168)
Comprehensive income 109,329 98,563
Less: Comprehensive income attributable to noncontrolling interest (54,655) (47,535)
Comprehensive income attributable to common stockholders $ 54,674 $ 51,028