7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 
      
                                                                                       
      cash flows from operating activities
                                                                                       
      net income
    68,273,000 71,180,000 15,065,000 65,139,000 71,489,000 64,938,000 72,615,000 69,627,000 54,941,000 59,859,000 73,628,000 59,226,000 59,307,000 66,922,000 64,769,000 52,185,000 57,958,000 67,288,000 80,457,000 72,931,000 67,776,000 83,854,000 74,816,000 50,273,000 54,002,000 48,105,000 52,522,000 45,831,000 38,594,000 40,487,000 47,940,000 33,473,000 34,130,000 38,023,000 42,463,000 33,165,000 30,918,000 33,126,000 28,963,000 24,491,000 22,715,000 24,238,000 24,593,000 21,636,000 17,504,000 18,191,000 17,475,000 23,133,000 18,214,000 19,343,000 15,326,000 20,465,000 13,482,000 12,629,000 13,493,000 11,543,000 13,444,000 11,937,000 10,780,000 8,947,000 8,611,000 7,169,000 6,701,000 5,436,000 4,640,000 3,187,000 2,839,000 1,936,000 1,519,000 2,848,000 1,596,000 1,908,000 2,410,000 3,552,000 2,450,000 2,238,000 1,297,000 800,000 1,086,000 2,090,000 1,171,000 1,824,000 3,057,000 
      adjustments to reconcile net income to net cash from operating activities:
                                                                                       
      depreciation and amortization
    19,662,000 19,195,000 18,236,000 18,540,000 18,728,000 18,356,000 18,200,000 19,530,000 17,561,000 17,005,000 16,461,000 15,730,000 15,302,000 15,240,000 15,174,000 14,607,000 13,964,000 13,097,000 11,779,000 10,592,000 9,032,000 8,305,000 8,067,000 7,730,000 6,700,000 6,345,000 6,082,000 5,848,000 6,173,000 5,790,000 5,269,000 5,208,000 4,583,000 4,790,000 4,693,000 4,292,000 4,325,000 4,540,000 4,681,000 4,685,000 4,642,000 4,603,000 4,612,000 4,425,000 4,482,000 4,351,000 4,121,000 3,746,000 3,559,000 3,177,000 2,569,000 2,337,000 2,081,000 1,961,000 1,854,000 1,793,000 1,799,000 1,627,000 1,562,000 1,552,000 1,560,000 1,622,000 1,616,000  1,654,000 1,679,000 1,791,000 1,789,000 2,494,000 1,816,000 1,780,000 1,694,000 1,686,000   1,703,000 1,703,000 1,637,000 1,685,000  1,175,000 1,084,000 1,008,000 
      amortization of operating lease right-of-use assets
    1,918,000 1,863,000 1,763,000 1,614,000 1,787,000 1,639,000 1,599,000 1,646,000 1,490,000 1,349,000 1,368,000 1,476,000 1,233,000 1,403,000 1,596,000 1,744,000 1,687,000 1,704,000 1,664,000 1,696,000 1,821,000 1,680,000 1,645,000 1,491,000 1,469,000 1,544,000 1,291,000                                                         
      stock-based compensation expense
    8,372,000 8,012,000 7,333,000 6,619,000 7,981,000 7,981,000 7,103,000 7,331,000 7,481,000 6,890,000 7,488,000 7,911,000 7,351,000 6,503,000 8,099,000 7,002,000 6,754,000 6,134,000 7,424,000 6,694,000 6,451,000 5,791,000 6,677,000 6,225,000 7,944,000 5,929,000 5,196,000 4,299,000 3,950,000 3,650,000 3,951,000 3,432,000 3,521,000 3,525,000 3,943,000 3,875,000 3,699,000 3,443,000 3,494,000 3,243,000 3,251,000 2,983,000 3,042,000 2,590,000 2,528,000 2,335,000 2,316,000 2,460,000 2,241,000 2,181,000 1,997,000 2,201,000 2,156,000 2,066,000 1,962,000 1,862,000 1,898,000 809,000 2,290,000 2,341,000 2,128,000 2,306,000 2,194,000 2,110,000 2,152,000 2,113,000 2,039,000 1,765,000 1,785,000 1,772,000 1,739,000             
      deferred taxes
    16,865,000 -582,000 -124,000 -2,055,000 638,000 -1,123,000 -1,338,000 -313,000 -3,060,000 -1,009,000 -1,433,000 -3,201,000 -1,182,000 -1,521,000 -643,000 80,000 1,438,000 1,009,000 591,000 1,444,000 3,914,000 2,007,000 2,734,000 2,609,000 -1,558,000 -391,000 2,022,000 -1,420,000 -1,286,000 -613,000 2,061,000 6,264,000 -1,073,000 -428,000 1,827,000 -1,194,000 -1,694,000 -2,024,000 2,331,000 -1,174,000 -2,108,000 -861,000 1,719,000 -1,949,000 -971,000 387,000 2,159,000 332,000 -1,593,000 -502,000 2,764,000 -2,601,000 -661,000 -4,000 2,623,000 1,633,000 4,719,000 5,747,000 4,030,000 4,785,000 3,749,000 3,856,000 3,377,000 5,102,000 2,957,000 2,052,000 2,144,000 966,000 471,000 1,886,000 1,496,000 -654,000 1,096,000 2,655,000 1,599,000 141,000 554,000 656,000 -448,000  493,000 1,025,000 2,004,000 
      foreign currency transaction losses
    -1,159,000 2,389,000 1,691,000    187,000                                                                             
      other
    2,538,000 1,983,000 -4,809,000 9,881,000 -3,348,000 -1,221,000 1,730,000 -3,960,000 3,488,000 -109,000 -2,532,000 -175,000 1,798,000 161,000 -1,229,000 -420,000 130,000 -102,000 -74,000 -1,277,000 -1,472,000 163,000 2,036,000 -1,672,000 1,182,000 291,000 -587,000 333,000 991,000 1,200,000 -186,000 663,000 550,000 347,000 393,000 292,000 232,000 317,000 329,000 411,000 437,000 772,000 429,000 243,000 630,000 294,000 558,000   152,000 -307,000 -72,000 286,000 543,000 -72,000 -71,000 -182,000 3,000 -28,000 -66,000 530,000 54,000 -62,000 -62,000 66,000 52,000 -28,000                 
      changes in operating assets and liabilities:
                                                                                       
      (increase) in accounts receivable
    1,998,000 3,268,000 -16,414,000 7,947,000 -8,795,000 7,609,000 -10,491,000 4,534,000 1,428,000 8,857,000 -21,935,000   -12,029,000 -11,699,000   446,000 -7,880,000 2,217,000 17,225,000 -5,817,000 -31,640,000 12,517,000 -6,596,000 4,570,000 -13,453,000 4,443,000 -210,000 5,605,000 -14,955,000 10,182,000 -7,866,000 1,444,000 -6,113,000  6,238,000 -10,331,000 -12,346,000  -2,398,000 -908,000 -12,289,000  4,443,000 -1,845,000 -4,919,000         -5,433,000 2,458,000 -4,372,000 -4,318,000  -3,313,000 2,531,000 -3,777,000                     
      (increase)/decrease in receivables from broker-dealers, clearing organizations and customers
    -67,061,000 -30,167,000 -129,508,000                                                                                 
      decrease in prepaid expenses and other assets
                      3,082,000    8,539,000    5,264,000                    1,313,000    76,000              252,000    606,000    141,000 640,000 118,000         
      (increase)/decrease in trading investments
    264,000                                                                                   
      (increase) in mutual funds held in rabbi trust
    68,000    115,000 -169,000 -529,000    -630,000    -117,000 -392,000 46,000 -347,000 -1,613,000 -852,000 -460,000 -1,070,000 -289,000 -348,000 -27,000 -197,000 -1,546,000 384,000 -114,000 -42,000 -1,161,000 -109,000 -110,000 -101,000 -1,519,000 1,000 -44,000 -31,000 -1,253,000                                             
      (decrease) in accrued employee compensation
    10,855,000 14,614,000 -34,310,000  10,048,000 11,174,000 -29,017,000  8,340,000 10,821,000 -31,567,000  9,532,000 9,519,000 -33,553,000   11,055,000 -34,103,000   17,505,000 -25,436,000  8,413,000 9,970,000 -22,354,000  7,856,000 8,001,000 -20,891,000  7,947,000 9,208,000 -20,911,000  8,334,000 9,302,000 -18,386,000  6,729,000 7,149,000 -16,350,000  5,998,000 6,013,000 -17,628,000  7,231,000 6,903,000 -14,969,000  4,932,000 4,686,000 -13,608,000  3,741,000 5,959,000 -11,819,000      3,986,000 3,275,000 -7,486,000  2,691,000 2,498,000 -11,214,000  2,943,000 3,116,000 -7,401,000  3,000,000    2,963,000   
      increase/(decrease) in payables to broker-dealers, clearing organizations and customers
    39,164,000 3,693,000 96,275,000                                                                                 
      increase/(decrease) in income and other tax liabilities
    -9,189,000 14,111,000 77,295,000                                                                                 
      (decrease) in accounts payable, accrued expenses and other liabilities
      -7,146,000    -8,385,000                                                                             
      (decrease) in operating lease liabilities
    -2,292,000 -2,248,000 -2,125,000 -2,084,000 -2,368,000 -2,124,000 -2,154,000 -2,014,000 -1,612,000 -1,547,000 -1,562,000 -1,685,000 -1,401,000 -1,488,000 -1,799,000 -1,663,000 -1,606,000 -1,887,000 -1,845,000   -1,556,000 -1,516,000   -1,101,000 -321,000                                                         
      net cash from operating activities
    90,164,000   176,248,000 95,089,000   141,685,000 79,161,000 105,394,000 7,527,000 134,226,000 85,098,000   145,711,000 62,813,000 96,726,000 -23,159,000 227,620,000 -48,353,000 104,853,000 120,369,000 89,141,000 67,692,000 69,733,000 39,369,000 70,105,000 67,994,000 54,379,000 31,439,000 46,452,000 52,465,000 38,569,000 30,549,000 56,315,000 52,643,000 28,714,000 -57,383,000 43,858,000 35,743,000 30,561,000 10,034,000 41,363,000 32,177,000 26,265,000 10,147,000 23,550,000 37,080,000 19,970,000 10,279,000 28,312,000 27,375,000 12,521,000 13,374,000 18,687,000 27,382,000 18,343,000 1,066,000 22,563,000 19,026,000 22,638,000 -81,000 19,314,000 18,126,000   9,785,000 8,928,000   6,790,000 10,031,000   9,022,000 7,467,000 5,431,000 -4,819,000 7,784,000 5,769,000 7,282,000 -3,927,000 
      capex
    -1,496,000   -215,000 -835,000   -2,071,000 -5,983,000 -1,055,000 -217,000 -6,500,000 -3,961,000   -2,926,000 -4,758,000 -5,552,000 -4,257,000 -1,988,000 -3,758,000 -4,973,000 -4,291,000 -3,609,000 -2,569,000 -5,465,000 -649,000 -12,067,000 -7,786,000 -13,757,000 -2,278,000 -4,841,000 -1,468,000 -1,628,000 -4,149,000 -1,631,000 -850,000 -1,252,000 -2,652,000 -1,065,000 -1,385,000 -1,528,000 -817,000 -625,000 -248,000 -2,132,000 -1,622,000 -5,980,000 -1,941,000 -6,622,000 -794,000 -198,000 -3,911,000 -437,000 -607,000 -643,000 -1,001,000 -1,018,000 -498,000 -521,000 -860,000 -935,000 -2,889,000 -3,349,000 -634,000   -362,000 -646,000   -396,000 -480,000   
      free cash flows
    88,668,000   176,033,000 94,254,000   139,614,000 73,178,000 104,339,000 7,310,000 127,726,000 81,137,000   142,785,000 58,055,000 91,174,000 -27,416,000 225,632,000 -52,111,000 99,880,000 116,078,000 85,532,000 65,123,000 64,268,000 38,720,000 58,038,000 60,208,000 40,622,000 29,161,000 41,611,000 50,997,000 36,941,000 26,400,000 54,684,000 51,793,000 27,462,000 -60,035,000 42,793,000 34,358,000 29,033,000 9,217,000 40,738,000 31,929,000 24,133,000 8,525,000 17,570,000 35,139,000 13,348,000 9,485,000 28,114,000 23,464,000 12,084,000 12,767,000 18,044,000 26,381,000 17,325,000 568,000 22,042,000 18,166,000 21,703,000 -2,970,000 15,965,000 17,492,000   9,423,000 8,282,000   6,394,000 9,551,000   9,022,000 7,467,000 5,431,000 -4,819,000 7,784,000 5,769,000 7,282,000 -3,927,000 
      cash flows from investing activities
                                                                                       
      available-for-sale investments
                                                                                       
      proceeds from maturities and sales
    1,174,000 1,975,000 5,271,000 3,445,000 1,531,000 3,162,000 4,302,000 1,141,000 1,340,000 923,000 1,048,000         102,061,000 23,442,000 45,154,000 14,127,000 25,934,000 63,272,000 67,603,000 77,490,000 103,966,000 101,333,000 51,002,000 41,499,000 44,941,000   14,322,000                    6,574,000    9,885,000          11,633,000 21,065,000 9,387,000            
      purchases
    -3,773,000 -5,458,000 -4,064,000 -30,880,000 -2,894,000 -4,972,000 -947,000 -1,120,000 -3,856,000 -22,895,000         -23,870,000 -8,995,000 -11,252,000 -21,386,000 -74,996,000 -53,193,000 -76,215,000 -101,126,000 -101,353,000 -57,839,000 -19,021,000 -53,596,000 -75,048,000 -68,166,000 -38,943,000 -34,430,000   -38,077,000 -10,987,000 -8,111,000 -12,242,000   -11,177,000    -10,167,000 -2,662,000 -3,714,000 -4,583,000 -15,163,000 -931,000 -11,625,000 -8,814,000 -25,831,000 -20,154,000 -11,209,000 -21,421,000 -6,557,000   -25,127,000 -1,199,000 221,000 -3,854,000 -7,472,000 -3,917,000 -30,605,000 -6,728,000  -18,676,000 -32,244,000 -12,293,000     
      acquisition, net of cash acquired
                                                                                      
      purchases of furniture, equipment and leasehold improvements
    -1,496,000 -1,206,000 -1,930,000 -215,000 -835,000 -7,695,000 -1,197,000 -2,071,000 -5,983,000 -1,055,000 -217,000 -6,500,000 -3,961,000 -1,285,000 -1,396,000 -2,926,000 -4,758,000 -5,552,000 -4,257,000 -1,988,000 -3,758,000 -4,973,000 -4,291,000 -3,609,000 -2,569,000 -5,465,000 -649,000 -12,067,000 -7,786,000 -13,757,000 -2,278,000 -4,841,000 -1,468,000 -1,628,000 -4,149,000 -1,631,000 -850,000 -1,252,000 -2,652,000 -1,065,000 -1,385,000 -1,528,000 -817,000 -625,000 -248,000 -2,132,000 -1,622,000 -5,980,000 -1,941,000 -6,622,000 -794,000 -198,000 -3,911,000 -437,000 -607,000 -643,000 -1,001,000 -1,018,000 -498,000 -521,000 -860,000 -935,000 -2,889,000 -3,349,000 -634,000 -441,000 -485,000 -362,000 -646,000 -348,000 -321,000 -396,000 -480,000 -309,000 -348,000         
      capitalization of software development costs
    -11,494,000 -11,510,000 -15,031,000 -10,833,000 -11,331,000 -10,496,000 -13,963,000 -11,320,000 -10,087,000 -11,025,000 -10,690,000 -11,621,000 -8,548,000 -9,136,000 -9,425,000 -8,473,000 -8,191,000 -8,384,000 -8,075,000 -9,494,000 -8,121,000 -6,225,000 -6,778,000 -8,545,000 -6,553,000 -4,126,000 -3,184,000 -2,534,000 -2,635,000 -2,946,000 -3,590,000 -3,377,000 -3,427,000 -3,495,000 -3,172,000 -3,060,000 -2,916,000 -3,107,000 -3,035,000 -3,072,000 -2,701,000 -2,162,000 -2,654,000 -2,748,000 -2,441,000 -2,400,000 -2,571,000 -2,539,000 -2,122,000 -1,918,000 -1,366,000 -1,334,000 -1,315,000 -1,260,000 -1,298,000 -1,167,000 -1,108,000 -948,000 -842,000 -573,000 -510,000 -350,000 -471,000 -468,000 -424,000 -624,000 -373,000 -483,000 -526,000 -670,000 -686,000 -725,000 -937,000 -808,000 -900,000 -1,302,000 -656,000 -818,000 -1,350,000 -881,000 -1,168,000 -792,000 -554,000 
      net cash (used in) investing activities
    -11,816,000 -51,029,000 -17,148,000 -11,667,000 -41,515,000 -17,923,000 -15,830,000 -91,673,000 -15,850,000 -15,013,000 -32,754,000  -12,509,000 -44,821,000 -10,821,000         -106,761,000 -4,554,000   -13,312,000 -7,572,000 -16,683,000 -12,729,000 14,254,000    -29,281,000    5,562,000 -32,580,000               215,000 -2,777,000       -19,331,000 -685,000    2,973,000               
      cash flows from financing activities
                                                                                       
      cash dividends on common stock
    -29,446,000 -28,241,000 -29,464,000 -27,698,000 -27,703,000                                                                               
      exercise of stock options
       567,000 444,000 1,977,000 215,000 18,000 707,000 388,000 148,000 86,000 50,000 148,000 2,283,000 4,421,000 244,000 3,259,000 9,000 659,000 80,000 322,000 363,000 350,000 172,000 1,586,000 1,016,000 113,000 258,000 332,000 302,000 838,000 500,000 127,000 34,000 1,307,000 831,000 294,000 540,000 298,000 692,000 1,121,000 545,000 426,000 419,000 1,223,000 436,000 750,000 630,000 2,528,000 569,000 5,102,000 326,000                             
      withholding tax payments on full value awards vesting and stock option exercises
    -6,915,000 -321,000 -9,525,000 -931,000 -164,000 -206,000 -14,893,000                                                                             
      repurchases of common stock
    -45,251,000 -36,687,000 -38,077,000 -16,845,000 -15,032,000 -33,450,000 -10,147,000     -48,740,000 -38,800,000 -44,997,000 -4,236,000 -13,436,000 -520,000 -682,000 -4,165,000 -5,873,000 -5,415,000 -5,816,000 -2,770,000 -3,486,000 -5,184,000 -6,186,000 -6,081,000 -6,636,000 -6,268,000 -6,109,000 -12,205,000 -11,940,000 -12,207,000 -10,051,000 -8,474,000 -4,201,000 -1,199,000 -3,133,000 -5,561,000 -5,525,000 -8,939,000 -12,532,000 -11,694,000 -10,362,000 -3,386,000                                     
      proceeds from short-term borrowings
       244,925,000   70,000,000 3,995,000 50,000,000 100,000,000 1,046,000 69,302,000 100,000,000                                                                
      repayments of short-term borrowings
       -244,925,000   -73,995,000 -50,000,000 -100,000,000 -1,046,000 -34,302,000 -35,000,000 -100,000,000                                                                
      net cash (used in) financing activities
    -81,612,000 -65,249,000 -77,066,000 -44,907,000 -42,455,000 -61,472,000 -52,543,000 -36,275,000 -23,112,000 -39,528,000 -48,142,000 -26,898,000 -28,432,000 -100,581,000 -86,467,000 -70,161,000 -26,849,000 -73,915,000 -18,850,000 -27,741,000 -33,376,000 -34,173,000 -49,822,000 -32,041,000 -27,527,000 -22,305,000 -36,227,000 -20,242,000 -20,551,000 -22,435,000 -29,445,000 -32,733,000 -28,880,000 -23,750,000 -31,705,000 -18,457,000 -17,792,000 -8,902,000 -10,685,000 -10,110,000 -12,120,000 -11,583,000 -17,241,000 -16,262,000 -16,460,000 -15,585,000 -11,916,000 -1,691,000 -3,997,000   -50,595,000 -5,115,000 -1,747,000 -78,718,000 -6,678,000 -2,437,000 -1,648,000 -436,000        -506,000    -3,411,000             
      effect of exchange rate changes on cash and cash equivalents
    -4,416,000 18,564,000 8,580,000 -19,220,000 14,756,000 -488,000 -3,186,000 9,039,000 -8,632,000 3,836,000 3,345,000 14,627,000 -4,217,000 -19,538,000 -4,356,000 -2,385,000 -4,457,000 764,000 -1,027,000 5,122,000 4,109,000 -318,000 -3,360,000 2,272,000 -1,282,000 -922,000 943,000 -314,000 -472,000 -744,000 -110,000 49,000 834,000 999,000 -425,000 -1,778,000 -795,000 -181,000 -4,000 42,000 70,000 -876,000 379,000 284,000 164,000 -491,000 -428,000 -286,000 -691,000 -127,000 203,000 -141,000 -540,000 -109,000 -359,000 -226,000 -314,000 -142,000 -395,000 -357,000                        
      cash and cash equivalents including restricted cash
                                                                                       
      net decrease for the period
    -7,680,000 6,000,000 -56,005,000   38,966,000 -76,508,000   54,689,000 -70,024,000  39,940,000 -71,303,000 -125,374,000                                    -2,989,000                           -867,000 -6,031,000  16,863,000 -19,412,000 -40,610,000 
      beginning of period
    700,459,000 611,672,000 572,664,000 625,567,000 608,050,000 274,253,000 247,458,000 1,136,000 167,014,000 168,243,000 199,728,000 168,924,000 132,691,000        169,620,000                    58,189,000  97,652,000 
      end of period
    -7,680,000 6,000,000 644,454,000 100,454,000 25,875,000 38,966,000 535,164,000 22,776,000 31,567,000 54,689,000 502,640,000 103,834,000 39,940,000 -71,303,000 500,193,000 61,766,000 18,558,000 -7,439,000 552,682,000 170,749,000 12,568,000 58,736,000 365,997,000 -47,389,000 34,329,000 25,208,000 262,105,000 37,373,000 39,399,000 14,517,000 156,169,000 28,022,000 10,849,000 -9,512,000 137,655,000 6,799,000 8,169,000 15,280,000 137,995,000 39,352,000 -8,887,000 8,215,000 161,048,000 13,824,000 21,946,000 3,109,000 130,045,000   9,549,000 125,919,000 -21,193,000 20,506,000 9,786,000 119,809,000 11,998,000 21,854,000 19,201,000 116,567,000 16,249,000 -4,781,000 8,974,000 104,552,000 -2,792,000 17,396,000 -21,086,000 109,823,000 -7,639,000 18,706,000 41,957,000 54,299,000 -1,639,000 9,000,000    14,002,000 -867,000 52,158,000  16,863,000 -19,412,000 57,042,000 
      the accompanying notes are an integral part of these consolidated financial statements.
                                                                                       
      decrease/(increase) in prepaid expenses and other assets
     -2,744,000 5,570,000 -2,194,000                                                                                
      increase in securities sold, not yet purchased
                                                                                       
      (decrease)/increase in accounts payable, accrued expenses and other liabilities
           262,000                                                                            
      decrease in trading investments
                      5,495,000   6,880,000 56,394,000    6,015,000                                                         
      decrease/(increase) in mutual funds held in rabbi trust
      837,000                                                                                 
      net cash provided by/(used in) operating activities
      29,629,000                                                                                 
      foreign currency transaction losses/
                                                                                       
      decrease/(increase) in receivables from broker-dealers, clearing organizations and customers
       111,571,000   21,735,000                                                                             
      (increase) in trading investments
             -419,000                                                                         
      (increase)/decrease in mutual funds held in rabbi trust
           -897,000                                                                            
      increase/(decrease) in accrued employee compensation
                                                                                       
      (decrease)/increase in payables to broker-dealers, clearing organizations and customers
       -56,511,000   -71,135,000                                                                             
      (decrease) in income and other tax liabilities
       1,866,000 47,000   -10,770,000 3,799,000    1,838,000            382,000    409,000    -209,000                                                   
      increase/(decrease) in accounts payable, accrued expenses and other liabilities
                                                                                       
      acquisitions, net of cash and cash equivalents acquired
                                                                                     
      acquisition of equity method investment
                                                                                     
      payment of contingent consideration
                                                                                   
      net increase for the period
       100,454,000            61,766,000 18,558,000 -7,439,000 -55,368,000 170,749,000 12,568,000 58,736,000 91,744,000 -47,389,000 34,329,000 25,208,000 14,647,000 36,237,000 39,399,000           39,352,000 -8,887,000   13,824,000 21,946,000       -21,193,000 20,506,000   11,998,000 21,854,000 19,201,000 -8,427,000 16,249,000 -4,781,000 8,974,000 1,211,000 -2,792,000 17,396,000 -21,086,000 2,500,000 -7,639,000 18,706,000   -1,639,000            
      supplemental cash flow information
                                                                                       
      cash paid for income taxes
        28,837,000 10,020,000 37,187,000  19,341,000 52,141,000 11,660,000 19,592,000 21,094,000 39,504,000 8,487,000 21,334,000 11,871,000                           7,675,000 10,722,000 14,352,000 878,000 12,874,000 5,282,000 11,783,000 829,000 4,500,000 3,666,000 5,948,000 988,000                             
      cash paid for interest
        542,000 426,000 431,000  155,000 54,000 187,000 -6,000 229,000 295,000 134,000 154,000 314,000                                                                   
      non-cash investing and financing activity
                                                                                       
      operating lease right-of-use assets obtained in exchange for operating lease liabilities
        887,000 130,000 630,000      19,000 1,560,000 91,000  683,000 330,000 878,000  17,000 14,000 674,000                                                             
      furniture, equipment, software and leasehold improvement additions included in accounts payable
        161,000 -4,340,000 4,825,000                                                                             
      stock-based and accrued incentive compensation relating to capitalized software development costs
        1,454,000 1,510,000 921,000                                                                             
      exercise of stock options - cashless
        1,735,000                                                                           
      foreign currency transaction (gains) losses
           3,131,000 -2,345,000 2,233,000 1,699,000                                                                         
      decrease in receivables from broker-dealers, clearing organizations and customers
                                                                                       
      (increase) in prepaid expenses and other assets
           6,342,000 -5,827,000    -1,061,000                   -2,536,000 4,904,000 -7,261,000 -2,146,000  1,423,000 -574,000 -3,000,000              5,159,000     -3,480,000 -898,000                         
      (decrease) in payables to broker-dealers, clearing organizations and customers
                                                                                       
      (increase)/decrease in prepaid expenses and other assets
          -1,323,000                                                                             
      decrease/(increase) in trading investments
          255,000                                                                             
      (decrease)/increase in income and other tax liabilities
          -4,001,000                                                                             
      net cash (used in)/provided by operating activities
          -4,949,000                                                                             
      cash dividend on common stock
          -29,480,000 -27,519,000 -26,891,000 -26,891,000 -28,357,000 -26,087,000 -26,328,000 -26,102,000 -27,425,000 -24,793,000 -24,761,000 -24,784,000 -25,454,000 -22,462,000 -22,436,000 -22,424,000 -23,244,000 -18,998,000 -18,910,000 -18,911,000 -19,412,000 -15,539,000 -15,543,000 -15,536,000 -15,814,000 -12,171,000 -12,182,000 -12,179,000 -12,356,000 -9,581,000 -9,601,000 -9,586,000 -9,727,000 -7,333,000 -7,339,000 -7,345,000 -7,517,000 -5,879,000 -5,898,000 -5,932,000 -6,232,000 -4,809,000 -4,770,000 -4,853,000 -5,405,000  -4,106,000 -4,081,000 -4,201,000                             
      (increase) in receivables from broker-dealers, clearing organizations and customers
           -134,898,000   -52,549,000 100,927,000 41,516,000 105,941,000 -296,015,000 131,198,000 -76,673,000 59,057,000 -270,491,000 121,152,000                                                                
      increase in payables to broker-dealers, clearing organizations and customers
           169,210,000 80,459,000 -34,030,000 12,281,000 -32,892,000 -38,326,000 -83,265,000 229,151,000 -74,114,000 25,136,000 -29,965,000 174,942,000 -4,794,000                                                                
      withholding tax payments on restricted stock vesting and stock option exercises
           -4,976,000 -216,000 -155,000 -20,492,000 -1,199,000 -2,252,000 339,000 -20,292,000 -519,000 911,000 -6,860,000 -27,422,000 -7,856,000 -6,784,000 -6,535,000 -21,243,000 -7,549,000 -6,210,000 -258,000 -11,803,000 -103,000 57,000 -376,000 -7,621,000 -14,785,000 -4,795,000 -469,000 -7,642,000 756,000 -344,000 -355,000 -5,230,000 -46,000 -207,000 -95,000 -4,148,000 -12,000 -40,000 -41,000 -4,927,000 -5,001,000                               
      net increase/(decrease) for the period
           22,776,000                                                                            
      non-cash activity
                                                                                       
      decrease (increase) in receivables from broker-dealers, clearing organizations and customers
                                                                                       
      increase in mutual funds held in rabbi trust
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities
             -2,924,000 -6,838,000 8,622,000 1,621,000 -791,000 1,932,000 1,633,000 61,000 -4,078,000 2,599,000 220,000 2,326,000 -12,481,000 15,941,000 491,000 -1,123,000 2,887,000 -3,764,000 9,760,000 -945,000 5,252,000 307,000 1,303,000 -2,476,000 -1,515,000 1,074,000 -302,000 -62,000 -2,015,000 4,723,000 -1,253,000 -5,000 400,000 849,000 576,000 -5,576,000 -693,000 4,743,000 -5,908,000 4,050,000 -1,921,000 4,960,000 -1,163,000 207,000 -2,109,000 2,351,000 -319,000 692,000 410,000 -605,000 -240,000 515,000 950,000 350,000                     
      decrease (increase) in prepaid expenses and other assets
              3,163,000                    852,000                        1,665,000            591,000    -38,000             
      increase in income and other tax liabilities
              10,904,000    3,049,000 -4,724,000 2,187,000 -7,915,000 4,814,000 6,091,000 6,259,000 1,889,000 1,950,000    2,267,000    4,304,000    7,366,000   -7,882,000 6,026,000   -2,374,000 3,710,000 2,475,000                                        
      foreign currency transaction gains
               4,812,000                                                                        
      increase in accounts receivable
               8,875,000                                    3,056,000 2,657,000 -6,291,000 -1,136,000                                 
      increase in prepaid expenses and other assets
                  -2,445,000  2,709,000                          -541,000             2,445,000      119,000 -130,000                     
      increase in trading investments
                   -5,000                                                                   
      decrease (increase) in mutual funds held in rabbi trust
               -526,000 1,003,000                                                                       
      increase in accrued employee compensation
                   10,673,000    11,400,000                                                                
      net cash from investing activities
                   -11,399,000 -12,949,000 -31,014,000 -12,332,000 -34,252,000 90,188,000 -11,626,000 24,557,000    10,562,000       -25,330,000 -29,007,000   -4,351,000 6,339,000          -48,195,000 -6,835,000 -5,544,000 1,231,000 -1,214,000 -879,000 15,892,000    -8,662,000  -984,000 -11,506,000 4,789,000    5,478,000    -13,029,000 -3,034,000 1,677,000 -13,184,000 3,362,000 7,496,000 5,715,000 -6,483,000 -2,497,000 -4,309,000 10,311,000 -28,332,000 -36,704,000 
      supplemental cash flow information:
                                                                                       
      non-cash investing and financing activity:
                                                                                       
      right-of-use assets obtained in exchange for operating lease liabilities
                                                                                       
      contingent consideration payable recognized in connection with acquisitions
                                                                                       
      decrease (increase) in trading investments
                                                                                       
      net cash (used in) operating activities
                  -23,730,000                                                    -2,330,000    -1,908,000    -1,760,000         
      decrease (increase) in accounts receivable
                   3,778,000                                    2,260,000 -168,000 -262,000 2,777,000                             
      liabilities assumed in connection with acquisition:
                                                                                       
      fair value of assets acquired
                                                   46,000 259,000 44,486,000                                 
      cash paid for acquisition of business, net of cash and cash equivalents acquired
                                                                                       
      treasury stock used for acquisition of business
                                                                                       
      liabilities assumed
                                                   46,000 -450,000 7,368,000                                 
      contingent consideration payable assumed in connection with acquisitions
                                                                                       
      contingent consideration payable assumed in connection with acquisition
                                                                                       
      acquisition of business
                                                                                       
      intangible assets acquired in exchange for contingent consideration payable
                                                                                       
      increase in deferred revenue
                        1,024,000 118,000 451,000 -232,000 -79,000 265,000 735,000 -975,000 190,000 41,000 894,000 -531,000 115,000 -114,000 675,000 -491,000 400,000 4,000 290,000  -435,000 -75,000 260,000  321,000 228,000 9,000     -200,000   -97,000 289,000 594,000 -236,000 108,000 -307,000 599,000 -149,000 166,000 -163,000 2,334,000 -139,000 -73,000 -265,000 801,000 37,000 45,000    95,000         
      increase in operating lease liabilities
                                                                                       
      acquisition of business, net of cash and cash equivalents acquired
                        6,000 -533,000                                                             
      cash paid during the year for income taxes
                                                                                       
      liabilities assumed in connection with the liquidityedge acquisition:
                                                                                       
      decrease in corporate debt trading investments
                                                                                       
      cash and cash equivalents
                                                                                       
      (increase) in corporate debt trading investments
                                     1,085,000 -1,196,000 340,000 -2,139,000 839,000 -73,235,000                                             
      decrease (increase) in corporate debt trading investments
                                  3,054,000                                                     
      net (decrease) for the period
                                  -10,845,000  10,849,000 -9,512,000 -30,588,000    -61,733,000    -7,876,000    -2,646,000        -49,811,000                -18,412,000   -2,941,000 -13,709,000         
      available-for-sale investments:
                                                                                       
      proceeds from maturities
                                      46,485,000   8,000,000 12,000,000 10,200,000 9,720,000 4,813,000 10,515,000 4,038,000 8,126,000 1,660,000 3,750,000 1,825,000 5,505,000 2,415,000 2,770,000 2,850,000 4,040,000 3,461,000 7,962,000   5,542,000 4,331,000   9,913,000 19,301,000 6,322,000 6,916,000 1,130,000 7,694,000              -2,109,000 29,666,000 5,797,000 
      excess tax benefits from stock-based compensation
                                       292,000 593,000 3,933,000 4,640,000 108,000 447,000 1,084,000 2,671,000 1,040,000 627,000 324,000 2,252,000 1,963,000 418,000 724,000 1,927,000 1,136,000 -42,000 11,518,000 2,163,000                 1,771,000 94,000           
      cash paid during the year
                                                                                       
      gain on the sale of discontinued operations
                                                                                       
      (decrease) in deferred revenue
                                                    -63,000 39,000 -1,041,000                                 
      acquisition of business, net of cash acquired
                                                   -709,000 -37,118,000                                 
      cash proceeds from the sale of discontinued operations, net of cash sold
                                                                                       
      securities available-for-sale:
                                                                                       
      proceeds from sales
                                                   30,900,000 10,086,000 13,577,000                   18,500,000 11,305,000    12,200,000    
      liabilities assumed in connection with the xtrakter acquisition:
                                                                                       
      cash paid for the capital stock
                                                   -709,000 -37,118,000                                 
      net cash (used in ) investing activities
                                              -1,048,000  6,065,000 -7,080,000 -449,000                                     
      net cash (used in ) provided by investing activities
                                                                                       
      conversion of common stock non-voting to common stock voting
                                                       15,880,000                             
      less: cash classified within assets from discontinued operations
                                                                                       
      end of period cash from continuing operations
                                                                                       
      increase in securities and cash provided as collateral
                                                                                       
      repurchase of common stock
                                                       -2,530,000 -1,460,000 -27,000 -71,116,000                             
      conversion of series b preferred stock to common stock
                                                                                       
      non-cash out-of-period adjustment
                                                                                      
      benefit from bad debts
                                                    112,000 143,000 40,000 110,000 -37,000 92,000 354,000 1,121,000 178,000 -58,000 -64,000 213,000 84,000 63,000 242,000 -21,000 229,000 346,000 98,000 332,000 357,000 283,000 288,000 140,000 120,000 73,000 79,000 123,000 483,000 12,000 43,000  141,000 -107,000 25,000 
      changes in operating assets and liabilities
                                                                                       
      beginning of year
                                                    128,908,000     124,994,000  103,341,000  107,323,000  72,711,000    82,000,000         
      end of period cash
                                                                                       
      cash paid during the period:
                                                                                       
      (decrease) in prepaid expenses and other assets
                                                                                       
      net cash from financing activities
                                                      -7,927,000         -5,938,000 -22,766,000 -1,947,000 -3,198,000 -2,628,000 57,000   -41,000 6,988,000   -5,347,000 -2,666,000 -3,734,000 -15,268,000 226,000 972,000 373,000 1,247,000 217,000 833,000 1,638,000 21,000 
      securities and cash (provided) received as collateral
                                                       -6,000                                
      cash dividend on common stock and series b preferred stock
                                                           -3,447,000 -3,432,000 -3,416,000 -3,388,000 -2,591,000 -2,658,000 -2,700,000 -2,681,000                     
      non-cash activity:
                                                                                       
      securities and cash provided as collateral
                                                         19,000 -28,000 34,000    4,000 -49,000 20,000 57,000 -415,000 14,000 -264,000 10,000 100,000 58,000 6,000 -25,000 -689,000 -39,000 38,000 33,000 -41,000   35,000  25,000 -19,000 20,000 
      withholding tax payments on restricted stock vesting
                                                          -5,818,000                             
      gain on sale of securities
                                                                                      
      proceeds from exercise of stock options and grants of restricted stock, net of surrenders on stock option exercises and withholding tax on stock vesting
                                                           1,943,000 -1,474,000 1,732,000 191,000                         
      excess tax benefits (decrements) from stock-based compensation
                                                                                       
      purchase of treasury stock — common stock voting
                                                                       -2,773,000 -7,197,000 -3,520,000 -5,318,000 -18,539,000         
      converion of series b preferred stock to common stock
                                                             30,315,000                         
      capital lease obligation
                                                                   723,000 32,000                
      purchase of treasury stock
                                                                                       
      windfall tax benefits from stock-based compensation
                                                            2,539,000 105,000 2,829,000  428,000                       
      income taxes paid
                                                            3,594,000 5,680,000 300,000  574,000 571,000 493,000  313,000 -146,000 46,000  16,000 19,000 16,000  70,000 17,000 40,000 60,000 115,000 88,000     
      changes in operating assets and liabilities, net of business acquired:
                                                                                       
      issuance of series b preferred stock and common stock purchase warrants
                                                                       6,750,000               
      issuance of common stock in connection with business acquisition
                                                                       5,775,000             
      decrease in accrued employee compensation
                                                                5,043,000 4,171,000 -10,820,000                -9,011,000    -8,681,000 
      proceeds from exercise of stock options and grants of restricted stock, net of withholding tax
                                                                2,192,000 596,000 -830,000 31,000 -24,000 390,000 -155,000 22,000                
      cash paid during the year:
                                                                                       
      effect of exchange rate changes on cash
                                                                 -211,000 -299,000 -147,000 -102,000 -107,000 -142,000 -123,000 -183,000 -464,000 -64,000 -48,000 -42,000 -82,000 -43,000 -37,000 -152,000 -188,000 38,000     
      acqusition of business
                                                                                       
      increment (decrement) in windfall tax benefits from stock-based compensation
                                                                  375,000                     
      changes in operating assets and liabilities, net of businesses acquired:
                                                                                       
      increase in accounts receivable, including increase of (1,501), 4,360 and 2,289 from related parties for the years ended december 31, 2009, 2008 and 2007, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increase of 18, (166) and 67 to related parties for the years ended december 31, 2009, 2008 and 2007, respectively
                                                                                       
      acquisition of businesses, net of cash acquired
                                                                   -1,368,000 315,000 -6,025,000 -29,208,000             
      (decrement in windfall) excess tax benefits from stock-based compensation
                                                                       -54,000 76,000 -31,000 -182,000             
      exercise of warrants and issuance of common stock
                                                                                       
      increase in accounts receivable, including an increase of (619) and 2,486 from related parties for the nine months ended september 30, 2009 and 2008, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including an increase of 9 and (145) to related parties for the nine months ended september 30, 2009 and 2008, respectively
                                                                                       
      decrement in windfall tax benefits from stock-based compensation
                                                                    15,000 -11,000 -323,000                 
      increase in accounts receivable, including an (increase) of (1,447) and a decrease of 2,569 from related parties for the six months ended june 30, 2009 and 2008, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including an increase of 1 and a (decrease) of (167) to related parties for the six months ended june 30, 2009 and 2008, respectively
                                                                                       
      adjustments to reconcile net income to net cash (used in) operating activities:
                                                                              1,911,000         
      increase in accounts receivable, including an (increase) of (741) and a decrease of 3,402 from related parties for the three months ended march 31, 2009 and 2008, respectively
                                                                      -4,732,000                 
      increase in accounts payable, accrued expenses and other liabilities, including a (decrease) of 0 and (177) to related parties for the three months ended march 31, 2009 and 2008, respectively
                                                                      459,000                 
      decrease (increase) in accounts receivable, including decreases (increases) of 4,360, 2,289 and (1,828) from related parties for the years ended december 31, 2008, 2007 and 2006, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increase of (166), 67 and 22 to related parties for the years ended december 31, 2008, 2007 and 2006, respectively
                                                                                       
      decrease (increase) in accounts receivable, including decrease of 2,486 and 2,168 from related parties for the nine months ended september 30, 2008 and 2007, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increase of (145) and 8 to related parties for the nine months ended september 30, 2008 and 2007, respectively
                                                                                       
      repayment of promissory notes
                                                                        48,000   110,000           
      decrease (increase) in accounts receivable, including decrease of 2,569 and 2,128 from related parties for the six months ended june 30, 2008 and 2007, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including (decrease) of (167) and (35) to related parties for the six months ended june 30, 2008 and 2007, respectively
                                                                                       
      grants of restricted stock, net of withholding tax
                                                                                       
      non-cash exercise of warrants and issuance of common stock
                                                                                    
      decrease (increase) in accounts receivable, including decrease of 3,402 and 1,891 from related parties for the three months ended march 31, 2008 and 2007, respectively
                                                                          2,832,000             
      increase in accounts payable, accrued expenses and other liabilities, including (decrease) of (177) and (51) to related parties for the three months ended march 31, 2008 and 2007
                                                                          -432,000             
      grants of restricted stock, net of withholding tax net-down
                                                                          -456,000             
      non-cash exerise of warrants and issuance of common stock
                                                                              882,000         
      (increase) in accounts receivable, including decreases (increases) of 2,289, (1,828) and (3,940) from related parties for the years ended december 31, 2007, 2006 and 2005, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increase of 67, 22 and (442) to related parties for the years ended december 31, 2007, 2006 and 2005, respectively
                                                                                       
      proceeds from maturities of short-term investments
                                                                                       
      securities held to maturity:
                                                                                       
      proceeds from the exercise of stock options and grants of restricted stock
                                                                           79,000 650,000           
      stock based compensation expense
                                                                            1,270,000 1,235,000 1,596,000         
      (increase) in accounts receivable, including decrease (increase) of 2,168 and (2,167) from related parties for the nine months ended september 30, 2007 and 2006, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increase of 8 and 157 to related parties for the nine months ended september 30, 2007 and 2006
                                                                                       
      (increase) in accounts receivable, including decrease (increase) of 2,128 and (1,230) from related parties for the six months ended june 30, 2007 and 2006, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including (decrease) of (35) and (49) to related parties for the six months ended june 30, 2007 and 2006
                                                                                       
      (increase) in accounts receivable, including decrease (increase) of 1,891 and (195) from related parties for the three months ended march 31, 2007 and 2006, respectively
                                                                              -2,648,000         
      increase in accounts payable, accrued expenses and other liabilities, including (decrease) of (51) and to related parties for the three months ended march 31, 2007 and 2006
                                                                              441,000         
      proceeds from the exercise of stock options and issuance of restricted stock
                                                                              2,567,000         
      excess tax benefits from stock based compensation
                                                                              704,000         
      end of year
                                                                              68,291,000         
      warrant-related expense
                                                                                       
      amortization of unearned compensation
                                                                                       
      compensation expense related to employee stock options and restricted stock issuance
                                                                                       
      issuance of stock options and restricted stock to non-employees
                                                                               160,000        
      (increase) in accounts receivable, including increases of 1,828 3,940 and 3,069 from related parties for the years ended december 31, 2006, 2005 and 2004, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increases (decreases) of 22, (442) and 34 to related parties for the years ended december 31, 2006, 2005 and 2004, respectively
                                                                                       
      short-term investments:
                                                                                       
      proceeds from the issuance of restricted stock and exercise of stock options
                                                                                       
      proceeds from initial public offering, net of underwriting discounts
                                                                                       
      direct costs of initial public offering
                                                                                       
      excess tax benefits from share-based compensation
                                                                               598,000 510,000       
      net increase for the year
                                                                                       
      accrued and undeclared dividends on redeemable convertible preferred stock
                                                                                       
      compensation expense related to stock options and restricted stock
                                                                                       
      (increase) in accounts receivable, including increases of 2,167 and 1,315 from related parties for the nine months ended september 30, 2006 and 2005, respectively
                                                                                       
      increase in prepaid expenses
                                                                                -8,000    95,000   
      (decrease) in deferred license revenue
                                                                                -118,000 -187,000 -274,000  -247,000   
      increase in accounts payable, accrued expenses and other liabilities, including increases of 157 and 0 from related parties for the nine months ended september 30, 2006 and 2005, respectively
                                                                                       
      purchase of furniture, equipment and leasehold improvements
                                                                                -444,000 -776,000 -1,089,000  -163,000 -208,000 -142,000 
      proceeds received from the exercise of stock options
                                                                                462,000    833,000   
      deferred taxes on disqualifying dispositions of incentive stock options
                                                                                       
      amortization of earned compensation
                                                                                  838,000   144,000 162,000 
      issuance of stock options to non-employees
                                                                                       
      compensation expense related to stock option and restricted stock issuance
                                                                                       
      (increase) in accounts receivable, including increases of 1,230 and 1,247 from related parties for the six months ended june 30, 2006 and 2005, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including (decreases) increases of (49) and 0 from related parties for the six months ended june 30, 2006 and 2005,
                                                                                       
      deferred tax asset related to unrealized losses on securities-available-for-sale and foreign exchange
                                                                                 57,000 155,000     
      issuance of common stock to employees
                                                                                  8,200,000     
      adjustments to reconcile net income to net cash from operating activities
                                                                                       
      issuance of stock options to directors and non-employees
                                                                                  184,000   16,000 27,000 
      compensation expense related to stock option issuance
                                                                                  938,000  369,000 360,000 400,000 
      (increase) in accounts receivable, including (decreases) increases of (195) and 490 from related parties for the three months ended ended march 31, 2006 and 2005, respectively
                                                                                  -1,113,000     
      decrease (increase) in prepaid expenses
                                                                                  1,280,000     
      (decrease) in accounts payable, accrued expenses and other liabilities, including decrease of and of 0 to related parties for the three months ended march 31, 2006, and 2005, respectively
                                                                                  -27,000     
      short-term investments
                                                                                       
      securities-available-for-sale
                                                                                       
      securities held-to-maturity
                                                                                       
      excess tax benefit from share-based compensation
                                                                                  613,000     
      proceeds from the exercise of stock options
                                                                                  634,000    21,000 
      purchase of short-term investments
                                                                                       
      maturity of short-term investments
                                                                                       
      securities available-for-sale
                                                                                       
      purchase of furniture, equipment and leasehold improvements, net of write-offs
                                                                                       
      proceeds from the issuance of common stock
                                                                                       
      effect of exchange rate differences
                                                                                   4,000    
      cash paid during the year for:
                                                                                       
      income taxes
                                                                                       
      stock option issuance to directors
                                                                                       
      deferred tax asset related to unrealized losses on securities available-for-sale and foreign exchange
                                                                                       
      issuance of restricted stock and stock options to directors and non-employees
                                                                                       
      write-off of an intangible asset
                                                                                       
      (increase) in accounts receivable, including increases of 1,315 and 1,018 from related parties for nine months ended september 30, 2005 and 2004, respectively
                                                                                       
      increase in other assets
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including decreases of 0 and 276 to related parties for the nine months ended september 30, 2005 and 2004, respectively
                                                                                       
      other comprehensive
                                                                                     66,000 -136,000 
      (increase) in accounts receivable, including increases of 1,247 and 266 from related parties for six months ended june 30, 2005 and 2004, respectively
                                                                                       
      increase in accounts payable, accrued expenses and other liabilities, including increases of 0 and 140 from related parties for the six months ended june 30, 2005 and 2004, respectively
                                                                                       
      (increase) in accounts receivable, including increases of 490 and 604 from related parties for quarters ended march 31, 2005 and 2004, respectively
                                                                                      -205,000 
      decrease in prepaid expenses
                                                                                      -347,000 
      decrease in other assets
                                                                                       
      increase in deferred license revenue
                                                                                      -801,000 
      decrease in accounts payable, accrued expenses and other liabilities, including 0 and a decrease of 32 to related parties for march 31, 2005, and 2004, respectively
                                                                                      -440,000 
      issuance of preferred stock
                                                                                       
      supplemental cash flow disclosures:
                                                                                       
      non-cash activities, see note 14
                                                                                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.