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Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Segment Information [Abstract]  
Reported revenue and profit before income taxes

The table below presents information about the reported revenue and profit (loss) before income taxes of the Company for the three months and six months ended June 30, 2012 and 2011. Asset information by reportable segment is not reported, since the Company does not produce such information for internal use.

Expressed in thousands of dollars.

 

                                 
   

Three months ended

June 30,

   

Six months ended

June 30,

 
    2012     2011     2012     2011  

Revenue:

                               

Private Client (1)

  $ 128,631     $ 136,116     $ 270,459     $ 284,963  

Capital Markets

    82,547       88,893       157,350       174,978  

Asset Management (1)

    21,967       19,509       43,550       37,994  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 233,145     $ 244,518     $ 471,359     $ 497,935  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Profit (loss) before income taxes:

                               

Private Client (1)

  $ 348     $ 4,302     $ 10,098     $ 14,340  

Capital Markets

    2,852       (7,161     (18,691     (11,947

Asset Management (1)

    4,639       4,563       9,943       9,140  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 7,839     $ 1,704     $ 1,350     $ 11,533  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Asset management revenue is allocated 22.5% to the Asset Management segment and 77.5% to the Private Client segment.
Revenues, classified by the major geographic areas

Revenue, classified by the major geographic areas in which it was earned for the three and six months ended June 30, 2012 and 2011, was as follows:

Expressed in thousands of dollars.

 

                                 
   

Three months ended

June 30,

   

Six months ended

June 30,

 
    2012     2011     2012     2011  

United States

  $ 222,478     $ 232,272     $ 448,113     $ 471,562  

Europe / Middle East

    7,258       6,554       4,265       14,787  

Asia

    1,620       3,246       15,534       6,385  

South America

    1,789       2,446       3,447       5,201  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 233,145     $ 244,518     $ 471,359     $ 497,935