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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities:    
Net income $ 5,450 $ 4,337
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and other amortization 323 489
Intangible asset amortization 988 1,046
Stock-based compensation 1,633 841
Amortization of deferred commissions 2,820 1,569
Payments of deferred commissions (2,788) (2,886)
Equity in earnings of affiliates, net of dividends   111
Realized and unrealized gains on trading securities (1,224) (561)
Purchase of trading securities, net (27) (908)
Deferred income taxes 3,506  
Changes in operating assets and liabilities:    
Accounts receivable (4,379) (1,820)
Prepaid expenses and other assets (847) (1,021)
Accounts payable and accrued liabilities (16,760) (8,535)
Other liabilities 1,880 545
Net cash used in operating activities (9,425) (6,793)
Cash Flows from Investing Activities:    
Capital expenditures (1,427) (213)
Purchase of investment management contracts   (141)
Purchase of available-for-sale securities (142) (41)
Net cash used in investing activities (1,569) (395)
Cash Flows from Financing Activities:    
Contingent consideration paid for acquired investment management contracts (176) (145)
Preferred stock dividends paid   (704)
Repurchase of common shares   (2,817)
Proceeds from exercise of stock options 752 394
Taxes paid related to net share settlement of restricted stock units (2,028) (485)
Net cash used in financing activities (1,452) (3,757)
Net decrease in cash and cash equivalents (12,446) (10,945)
Cash and cash equivalents, beginning of period 45,267 43,948
Cash and Cash Equivalents, end of period 32,821 33,003
Non-Cash Investing Activities:    
Accrual for capital expenditures 688  
Non-Cash Financing Activities:    
Preferred stock conversion $ 35,217