MarketAxess Holdings Inc(NASDAQ:MKTX) 
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms worldwide. It offers the access to global liquidity in U.S. investment-grade bonds, U.S. high-yield bonds, U.S. Treasuries, municipal bonds, emerging ...
Website: http://www.marketaxess.com
Founded: 2000
Full Time Employees: 599
Sector: Financial Services
Industry: Capital Markets
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2004-12-31 |
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revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commissions | 203,471,000 | 181,339,000 | 180,171,000 | 191,770,000 | 181,343,000 | 174,766,000 | 180,392,000 | 171,679,000 | 184,873,000 | 171,891,000 | 150,496,000 | 158,586,000 | 181,991,000 | 158,443,000 | 153,164,000 | 163,463,000 | 166,113,000 | 145,913,000 | 142,826,000 | 156,431,000 | 175,838,000 | 155,813,000 | 150,586,000 | 172,092,000 | 155,954,000 | 117,103,000 | 119,869,000 | 114,124,000 | 112,760,000 | 101,436,000 | 90,513,000 | 96,113,000 | 102,772,000 | 87,975,000 | 86,270,000 | 87,015,000 | 94,022,000 | 85,519,000 | 81,456,000 | 86,239,000 | 79,093,000 | 67,613,000 | 65,178,000 | 66,412,000 | 67,018,000 | 60,372,000 | 54,462,000 | 54,315,000 | 51,989,000 | 50,450,000 | 51,818,000 | 54,198,000 | 47,186,000 | 44,228,000 | 42,379,000 | 42,690,000 | 44,902,000 | |||||||||||||||||||||||||||||
information services | 14,445,000 | 13,454,000 | 13,785,000 | 13,087,000 | 12,904,000 | 13,155,000 | 12,960,000 | 12,544,000 | 11,881,000 | 11,917,000 | 11,801,000 | 11,655,000 | 11,010,000 | 10,398,000 | 9,711,000 | 9,396,000 | 9,809,000 | 9,561,000 | 9,608,000 | 9,844,000 | 9,162,000 | 8,771,000 | 8,501,000 | 8,427,000 | 8,642,000 | 8,515,000 | 7,693,000 | 7,156,000 | 7,366,000 | 7,057,000 | 7,174,000 | 6,930,000 | 7,066,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
post-trade services | 11,607,000 | 11,034,000 | 11,293,000 | 11,076,000 | 11,088,000 | 10,975,000 | 10,382,000 | 10,400,000 | 10,730,000 | 10,950,000 | 9,833,000 | 9,415,000 | 9,980,000 | 8,821,000 | 9,000,000 | 9,144,000 | 9,912,000 | 9,369,000 | 9,444,000 | 9,848,000 | 10,261,000 | 6,564,000 | 4,689,000 | 4,054,000 | 4,153,000 | 3,923,000 | 3,784,000 | 3,956,000 | 4,100,000 | 3,675,000 | 3,475,000 | 3,620,000 | 4,576,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
technology services | 3,857,000 | 3,582,000 | 3,572,000 | 3,529,000 | 3,241,000 | 3,508,000 | 2,981,000 | 3,037,000 | 2,834,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 233,380,000 | 209,409,000 | 208,821,000 | 219,462,000 | 208,576,000 | 202,404,000 | 206,715,000 | 197,660,000 | 210,318,000 | 197,248,000 | 172,284,000 | 179,846,000 | 203,169,000 | 177,902,000 | 172,112,000 | 182,229,000 | 186,057,000 | 165,060,000 | 162,093,000 | 176,334,000 | 195,464,000 | 171,346,000 | 164,006,000 | 184,795,000 | 168,978,000 | 129,774,000 | 131,597,000 | 125,490,000 | 124,491,000 | 112,444,000 | 101,443,000 | 106,964,000 | 114,714,000 | 99,565,000 | 96,701,000 | 97,314,000 | 103,891,000 | 94,436,000 | 90,271,000 | 96,639,000 | 88,573,000 | 76,644,000 | 74,192,000 | 75,491,000 | 76,771,000 | 70,167,000 | 64,245,000 | 64,964,000 | 63,398,000 | 60,442,000 | 61,133,000 | 65,559,000 | 55,557,000 | 50,387,000 | 48,257,000 | 48,825,000 | 50,735,000 | 45,135,000 | 46,564,000 | 45,791,000 | 43,609,000 | 38,605,000 | 37,413,000 | 35,326,000 | 34,884,000 | 33,959,000 | 30,009,000 | 25,839,000 | 24,632,000 | 21,828,000 | 22,681,000 | 25,637,000 | 22,939,000 | 22,376,000 | 22,198,000 | 25,304,000 | 23,765,000 | 22,080,000 | 20,774,000 | 20,122,000 | 20,340,000 | 14,919,500 | 19,088,000 | 19,282,000 | 21,308,000 | |
yoy | 11.89% | 3.46% | 1.02% | 11.03% | -0.83% | 2.61% | 19.99% | 9.91% | 3.52% | 10.87% | 0.10% | -1.31% | 9.20% | 7.78% | 6.18% | 3.34% | -4.81% | -3.67% | -1.17% | -4.58% | 15.67% | 32.03% | 24.63% | 47.26% | 35.74% | 15.41% | 29.73% | 17.32% | 8.52% | 12.94% | 4.90% | 9.92% | 10.42% | 5.43% | 7.12% | 0.70% | 17.29% | 23.21% | 21.67% | 28.01% | 15.37% | 9.23% | 15.48% | 16.20% | 21.09% | 16.09% | 5.09% | -0.91% | 14.11% | 19.96% | 26.68% | 34.27% | 9.50% | 11.64% | 3.64% | 6.63% | 16.34% | 16.91% | 24.46% | 29.62% | 25.01% | 13.68% | 24.67% | 36.72% | 41.62% | 55.58% | 32.31% | 0.79% | 7.38% | -2.45% | 2.18% | 1.32% | -3.48% | 1.34% | 6.85% | 25.75% | 16.84% | 47.99% | 8.83% | 4.36% | -4.54% | |||||
qoq | 11.45% | 0.28% | -4.85% | 5.22% | 3.05% | -2.09% | 4.58% | -6.02% | 6.63% | 14.49% | -4.20% | -11.48% | 14.20% | 3.36% | -5.55% | -2.06% | 12.72% | 1.83% | -8.08% | -9.79% | 14.08% | 4.48% | -11.25% | 9.36% | 30.21% | -1.39% | 4.87% | 0.80% | 10.71% | 10.84% | -5.16% | -6.76% | 15.22% | 2.96% | -0.63% | -6.33% | 10.01% | 4.61% | -6.59% | 9.11% | 15.56% | 3.30% | -1.72% | -1.67% | 9.41% | 9.22% | -1.11% | 2.47% | 4.89% | -1.13% | -6.75% | 18.00% | 10.26% | 4.41% | -1.16% | -3.76% | 12.41% | -3.07% | 1.69% | 5.00% | 12.96% | 3.19% | 5.91% | 1.27% | 2.72% | 13.16% | 16.14% | 4.90% | 12.85% | -3.76% | -11.53% | 11.76% | 2.52% | 0.80% | -12.27% | 6.48% | 7.63% | 6.29% | 3.24% | -1.07% | 36.33% | -21.84% | -1.01% | -9.51% | ||
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee compensation and benefits | 70,195,000 | 61,402,000 | 59,982,000 | 65,237,000 | 61,916,000 | 59,395,000 | 58,431,000 | 56,790,000 | 61,264,000 | 57,356,000 | 48,872,000 | 48,383,000 | 52,315,000 | 44,108,000 | 44,805,000 | 45,435,000 | 47,756,000 | 41,218,000 | 40,878,000 | 40,732,000 | 48,088,000 | 36,472,000 | 37,583,000 | 41,636,000 | 41,194,000 | 33,117,000 | 32,681,000 | 32,623,000 | 32,658,000 | 27,802,000 | 26,282,000 | 26,199,000 | 28,834,000 | 24,334,000 | 25,595,000 | 25,421,000 | 27,401,000 | 22,529,000 | 23,914,000 | 25,815,000 | 24,527,000 | 21,087,000 | 21,002,000 | 20,593,000 | 21,174,000 | 19,376,000 | 18,589,000 | 18,421,000 | 18,609,000 | 16,768,000 | 17,910,000 | 15,927,000 | 16,353,000 | 14,579,000 | 14,636,000 | 15,305,000 | 15,841,000 | 13,707,000 | 13,707,000 | 15,104,000 | 16,268,000 | 13,998,000 | 14,326,000 | 14,189,000 | 13,933,000 | 13,788,000 | 13,127,000 | 11,917,000 | 11,442,000 | 10,043,000 | 11,173,000 | 11,576,000 | 11,018,000 | 10,280,000 | 10,258,000 | 11,010,000 | 11,503,000 | 10,814,000 | 10,483,000 | 10,498,000 | 10,283,000 | 8,498,000 | 9,030,000 | 8,673,000 | 9,244,000 | |
depreciation and amortization | 19,210,000 | 19,606,000 | 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 | 3,972,000 | 3,460,000 | 4,504,000 | 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 | 1,666,000 | 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 | 1,879,000 | 1,911,000 | 1,703,000 | 1,703,000 | 1,637,000 | 1,685,000 | 1,339,000 | 1,175,000 | 1,084,000 | 1,008,000 | |
technology and communications | 20,360,000 | 20,864,000 | 19,961,000 | 19,421,000 | 18,048,000 | 18,791,000 | 18,553,000 | 17,771,000 | 17,051,000 | 17,228,000 | 15,339,000 | 15,235,000 | 14,999,000 | 14,113,000 | 14,169,000 | 12,490,000 | 12,192,000 | 11,229,000 | 10,665,000 | 10,544,000 | 10,036,000 | 8,922,000 | 8,417,000 | 8,592,000 | 8,161,000 | 7,155,000 | 7,381,000 | 6,474,000 | 5,782,000 | 6,415,000 | 5,879,000 | 5,793,000 | 5,779,000 | 5,606,000 | 5,035,000 | 4,822,000 | 4,585,000 | 4,449,000 | 4,245,000 | 4,277,000 | 4,304,000 | 3,720,000 | 3,891,000 | 3,967,000 | 4,338,000 | 4,385,000 | 4,359,000 | 4,449,000 | 4,492,000 | 4,337,000 | 4,509,000 | 4,099,000 | 3,191,000 | 3,534,000 | 3,262,000 | 3,015,000 | 2,955,000 | 2,916,000 | 2,772,000 | 2,724,000 | 2,500,000 | 2,669,000 | 2,543,000 | 2,353,000 | 2,417,000 | 2,045,000 | 2,029,000 | 2,120,000 | 2,242,000 | 2,151,000 | 2,007,000 | 2,048,000 | 2,106,000 | 1,868,000 | 1,897,000 | 1,935,000 | 1,763,000 | 1,905,000 | 1,956,000 | 1,791,000 | 2,052,000 | 2,137,000 | 2,302,000 | 2,163,000 | 1,842,000 | |
professional and consulting fees | 6,376,000 | 10,505,000 | 7,382,000 | 7,190,000 | 6,410,000 | 6,329,000 | 6,989,000 | 7,669,000 | 6,395,000 | 7,604,000 | 9,181,000 | 8,023,000 | 7,127,000 | 7,848,000 | 7,560,000 | 8,920,000 | 9,621,000 | 10,734,000 | 10,847,000 | 10,704,000 | 9,640,000 | 10,295,000 | 8,269,000 | 8,065,000 | 5,675,000 | 6,389,000 | 7,018,000 | 6,296,000 | 5,831,000 | 5,353,000 | 5,685,000 | 5,426,000 | 5,057,000 | 5,455,000 | 5,547,000 | 4,086,000 | 4,279,000 | 4,726,000 | 4,342,000 | 4,245,000 | 3,862,000 | 3,540,000 | 3,210,000 | 3,011,000 | 3,282,000 | 3,463,000 | 3,514,000 | 3,426,000 | 3,972,000 | 4,942,000 | 4,540,000 | 4,726,000 | 4,601,000 | 4,018,000 | 3,202,000 | 2,837,000 | 3,024,000 | 2,354,000 | 2,247,000 | 2,665,000 | 2,872,000 | 2,134,000 | 2,241,000 | 1,990,000 | 2,138,000 | 1,732,000 | 1,645,000 | 1,613,000 | 1,879,000 | 1,675,000 | 1,822,000 | 2,521,000 | 2,153,000 | 2,134,000 | 1,883,000 | 1,786,000 | 1,836,000 | 1,150,000 | 1,883,000 | 2,488,000 | 2,551,000 | 1,763,250 | 2,423,000 | 2,735,000 | 1,894,000 | |
occupancy | 3,819,000 | 3,804,000 | 3,859,000 | 3,753,000 | 3,622,000 | 3,716,000 | 3,835,000 | 3,714,000 | 3,425,000 | 3,903,000 | 3,503,000 | 3,199,000 | 3,611,000 | 3,653,000 | 3,381,000 | 3,700,000 | 3,387,000 | 3,438,000 | 3,265,000 | 3,300,000 | 3,317,000 | 3,220,000 | 3,445,000 | 3,286,000 | 3,474,000 | 3,090,000 | 2,802,000 | 2,798,000 | 2,949,000 | 3,844,000 | 3,528,000 | 3,467,000 | 3,337,000 | 1,504,000 | 1,795,000 | 1,422,000 | 1,404,000 | 1,075,000 | 1,220,000 | 1,225,000 | 1,161,000 | 1,215,000 | 1,246,000 | 1,232,000 | 992,000 | 1,063,000 | 1,127,000 | 1,102,000 | 1,089,000 | 2,001,000 | 1,205,000 | 1,287,000 | 932,000 | 764,000 | 732,000 | 757,000 | 759,000 | 726,000 | 721,000 | 708,000 | 766,000 | 646,000 | 706,000 | 707,000 | 938,000 | 1,054,000 | 706,000 | 693,000 | 676,000 | 725,000 | 660,000 | 739,000 | 767,000 | 852,000 | 869,000 | 805,000 | 749,000 | |||||||||
marketing and advertising | 2,334,000 | 3,842,000 | 2,349,000 | 2,952,000 | 2,061,000 | 3,972,000 | 2,898,000 | 3,010,000 | 1,833,000 | 2,646,000 | 2,100,000 | 3,308,000 | 2,995,000 | 3,442,000 | 1,797,000 | 2,949,000 | 1,789,000 | 2,906,000 | 1,821,000 | 3,128,000 | 1,204,000 | 2,307,000 | 1,148,000 | 1,810,000 | 2,675,000 | 3,087,000 | 2,506,000 | 3,667,000 | 2,299,000 | 3,534,000 | 2,980,000 | 3,535,000 | 2,065,000 | 3,005,000 | 2,089,000 | 2,782,000 | 1,886,000 | 3,192,000 | 2,140,000 | 1,824,000 | 1,778,000 | 1,888,000 | 1,304,000 | 1,764,000 | 1,192,000 | 1,429,000 | 1,331,000 | 1,800,000 | 1,209,000 | 1,131,000 | 1,195,000 | 1,432,000 | 985,000 | 1,224,000 | 1,067,000 | 1,732,000 | 1,447,000 | 1,380,000 | 1,280,000 | 1,248,000 | 974,000 | 1,009,000 | 679,000 | 759,000 | 628,000 | 878,000 | 651,000 | 708,000 | 645,000 | 869,000 | 646,000 | 683,000 | 583,000 | 541,000 | 481,000 | 530,000 | 353,000 | 576,000 | 338,000 | 477,000 | 378,000 | 446,000 | 503,000 | 589,000 | 693,000 | |
clearing costs | 4,426,000 | 4,003,000 | 3,948,000 | 4,447,000 | 4,185,000 | 4,443,000 | 4,387,000 | 4,122,000 | 4,911,000 | 4,610,000 | 3,665,000 | 4,182,000 | 4,545,000 | 4,614,000 | 4,211,000 | 4,263,000 | 4,575,000 | 3,739,000 | 3,269,000 | 4,372,000 | 4,694,000 | 4,997,000 | 4,838,000 | 5,713,000 | 5,510,000 | 3,345,000 | 2,782,000 | 2,610,000 | 2,577,000 | 2,257,000 | 1,760,000 | 2,012,000 | 1,725,000 | 1,477,000 | 1,476,000 | 1,517,000 | 1,327,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 5,739,000 | 9,370,000 | 6,099,000 | 5,403,000 | 5,716,000 | 7,242,000 | 5,839,000 | 4,889,000 | 4,739,000 | 7,344,000 | 5,154,000 | 4,784,000 | 5,760,000 | 6,721,000 | 4,576,000 | 4,444,000 | 3,459,000 | 4,608,000 | 3,381,000 | 3,280,000 | 3,232,000 | 2,844,000 | 3,467,000 | 3,253,000 | 3,133,000 | 5,010,000 | 3,762,000 | 3,800,000 | 3,124,000 | 3,426,000 | 2,744,000 | 2,708,000 | 2,475,000 | 3,605,000 | 3,364,000 | 2,901,000 | 2,709,000 | 3,846,000 | 3,731,000 | 4,162,000 | 3,890,000 | 3,523,000 | 3,544,000 | 3,262,000 | 2,679,000 | 2,537,000 | 2,575,000 | 2,344,000 | 2,198,000 | 2,492,000 | 1,926,000 | 2,073,000 | 2,613,000 | 2,402,000 | 2,068,000 | 2,018,000 | 2,107,000 | 3,393,000 | 1,742,000 | 1,810,000 | 1,001,000 | 2,152,000 | 1,834,000 | 1,850,000 | 2,129,000 | |||||||||||||||||||||
total expenses | 132,459,000 | 133,396,000 | 123,242,000 | 127,598,000 | 120,194,000 | 122,428,000 | 119,660,000 | 116,321,000 | 117,818,000 | 120,221,000 | 105,375,000 | 104,119,000 | 107,813,000 | 100,229,000 | 95,801,000 | 97,441,000 | 97,953,000 | 92,479,000 | 88,090,000 | 89,157,000 | 91,990,000 | 79,649,000 | 76,199,000 | 80,660,000 | 77,889,000 | 68,923,000 | 65,632,000 | 64,613,000 | 61,302,000 | 58,479,000 | 55,031,000 | 54,930,000 | 54,541,000 | 50,194,000 | 49,484,000 | 47,741,000 | 48,284,000 | 44,109,000 | 43,917,000 | 46,088,000 | 44,203,000 | 39,658,000 | 38,839,000 | 38,432,000 | 38,269,000 | 36,678,000 | 35,977,000 | 35,893,000 | 35,690,000 | 35,643,000 | 34,745,000 | 34,048,000 | 31,244,000 | 28,858,000 | 27,048,000 | 27,625,000 | 27,987,000 | 26,269,000 | 24,268,000 | 25,886,000 | 25,943,000 | 24,160,000 | 23,889,000 | 23,470,000 | 23,799,000 | 22,920,000 | 21,466,000 | 20,103,000 | 19,901,000 | 18,816,000 | 20,583,000 | 20,878,000 | 19,975,000 | 19,276,000 | 18,555,000 | 19,265,000 | 19,296,000 | 18,491,000 | 18,544,000 | 18,736,000 | 18,941,000 | 12,437,250 | 17,347,000 | 16,467,000 | 15,935,000 | |
operating income | 100,921,000 | 76,013,000 | 85,579,000 | 91,864,000 | 88,382,000 | 79,976,000 | 87,055,000 | 81,339,000 | 92,500,000 | 77,027,000 | 66,909,000 | 75,727,000 | 95,356,000 | 77,673,000 | 76,311,000 | 84,788,000 | 88,104,000 | 72,581,000 | 74,003,000 | 87,177,000 | 103,474,000 | 91,697,000 | 87,807,000 | 104,135,000 | 91,089,000 | 60,851,000 | 65,965,000 | 60,877,000 | 63,189,000 | 53,965,000 | 46,412,000 | 52,034,000 | 60,173,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | 14.19% | -4.96% | -1.70% | 12.94% | -4.45% | 3.83% | 30.11% | 7.41% | -3.00% | -0.83% | -12.32% | -10.69% | 8.23% | 7.02% | 3.12% | -2.74% | -14.85% | -20.85% | -15.72% | -16.28% | 13.60% | 50.69% | 33.11% | 71.06% | 44.15% | 12.76% | 42.13% | 16.99% | 5.01% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | 32.77% | -11.18% | -6.84% | 3.94% | 10.51% | -8.13% | 7.03% | -12.07% | 20.09% | 15.12% | -11.64% | -20.58% | 22.77% | 1.78% | -10.00% | -3.76% | 21.39% | -1.92% | -15.11% | -15.75% | 12.84% | 4.43% | -15.68% | 14.32% | 49.69% | -7.75% | 8.36% | -3.66% | 17.09% | 16.27% | -10.80% | -13.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating margin % | 43.24% | 36.30% | 40.98% | 41.86% | 42.37% | 39.51% | 42.11% | 41.15% | 43.98% | 39.05% | 38.84% | 42.11% | 46.93% | 43.66% | 44.34% | 46.53% | 47.35% | 43.97% | 45.65% | 49.44% | 52.94% | 53.52% | 53.54% | 56.35% | 53.91% | 46.89% | 50.13% | 48.51% | 50.76% | 47.99% | 45.75% | 48.65% | 52.45% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
other income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 4,308,000 | 5,448,000 | 5,850,000 | 5,930,000 | 7,169,000 | 6,719,000 | 6,953,000 | 6,401,000 | 5,973,000 | 6,274,000 | 6,590,000 | 5,312,000 | 4,249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -2,888,000 | -964,000 | -171,000 | -139,000 | -213,000 | -318,000 | -346,000 | -621,000 | -316,000 | -1,636,000 | -164,000 | -53,000 | -130,000 | -52,000 | -138,000 | -337,000 | -173,000 | -166,000 | -314,000 | -171,000 | -191,000 | -96,000 | -1,046,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated affiliate | 168,000 | 289,000 | 331,000 | 340,000 | 354,000 | 370,000 | 156,000 | 125,000 | 250,000 | 204,000 | 66,000 | 869,000 | 191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 1,544,000 | -711,000 | 2,381,000 | -407,000 | 527,000 | -2,113,000 | -1,105,000 | -1,136,000 | -1,810,000 | -4,028,000 | 154,000 | 190,000 | 188,000 | 240,000 | 237,000 | 226,000 | 223,000 | 217,000 | 215,000 | 211,000 | 203,000 | 198,000 | 230,000 | 222,000 | 229,000 | 233,000 | 251,000 | 254,000 | 265,000 | 276,000 | 281,000 | 301,000 | 300,000 | -1,915,000 | 1,095,000 | 1,187,000 | 1,306,000 | 711,000 | 959,000 | 1,297,000 | 1,283,000 | 361,000 | 412,000 | 495,000 | 471,000 | 510,000 | 489,000 | 562,000 | 1,148,000 | 451,000 | 517,000 | 588,000 | 1,397,000 | 801,000 | 752,000 | 857,000 | 751,000 | 6,922,000 | 7,362,000 | 7,640,000 | 6,790,000 | 5,607,000 | 5,540,000 | 4,542,000 | 4,039,000 | |||||||||||||||||||||
total other income | 2,964,000 | 3,773,000 | 8,060,000 | 5,552,000 | 7,772,000 | 4,619,000 | 5,842,000 | 4,998,000 | 4,217,000 | 6,785,000 | 4,834,000 | 3,223,000 | 2,839,000 | 1,755,000 | 2,552,000 | 4,790,000 | 2,315,000 | -1,006,000 | 491,000 | -1,124,000 | -1,673,000 | -1,408,000 | 158,000 | 268,000 | 613,000 | 1,106,000 | 1,373,000 | 2,032,000 | 2,031,000 | 2,101,000 | 1,385,000 | 1,176,000 | 840,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 103,885,000 | 79,786,000 | 93,639,000 | 97,416,000 | 96,154,000 | 84,595,000 | 92,897,000 | 86,337,000 | 96,717,000 | 83,812,000 | 71,743,000 | 78,950,000 | 98,195,000 | 79,428,000 | 78,863,000 | 89,578,000 | 90,419,000 | 71,575,000 | 74,494,000 | 86,053,000 | 101,801,000 | 90,289,000 | 87,965,000 | 104,403,000 | 91,702,000 | 61,957,000 | 67,338,000 | 62,909,000 | 65,220,000 | 56,066,000 | 47,797,000 | 53,210,000 | 61,013,000 | 49,371,000 | 47,217,000 | 49,573,000 | 55,607,000 | 50,327,000 | 46,354,000 | 50,551,000 | 44,370,000 | 27,728,500 | 35,353,000 | 37,059,000 | 38,502,000 | 31,511,000 | 24,313,000 | 21,529,000 | 21,209,000 | 21,200,000 | 22,748,000 | 18,866,000 | 22,296,000 | 19,905,000 | 17,666,000 | 14,445,000 | 13,524,000 | 11,856,000 | 11,085,000 | 11,039,000 | 8,543,000 | 5,736,000 | 4,731,000 | 3,012,000 | 2,098,000 | 4,759,000 | 2,964,000 | 3,100,000 | 3,643,000 | 6,039,000 | 4,469,000 | 3,589,000 | 2,230,000 | 1,386,000 | 1,399,000 | 1,632,000 | 1,741,000 | 2,815,000 | 5,373,000 | |||||||
provision for income taxes | 25,778,000 | -12,608,000 | 25,366,000 | 26,236,000 | 81,089,000 | 19,456,000 | 21,408,000 | 21,399,000 | 24,102,000 | 14,185,000 | 16,802,000 | 19,091,000 | 24,567,000 | 20,202,000 | 19,556,000 | 22,656,000 | 25,650,000 | 19,390,000 | 16,536,000 | 18,765,000 | 21,344,000 | 20,549,000 | 16,886,000 | 11,684,000 | 13,336,000 | 14,804,000 | 12,698,000 | 10,235,000 | 9,203,000 | 13,073,000 | 15,898,000 | 13,087,000 | 11,550,000 | 13,144,000 | 12,495,000 | 12,638,000 | 12,821,000 | 13,909,000 | 11,853,000 | 10,764,000 | 10,880,000 | 9,329,000 | 8,129,000 | 12,168,000 | 8,987,000 | 1,064,000 | 7,727,000 | 8,571,000 | 9,255,000 | 7,323,000 | 8,852,000 | 7,968,000 | 6,886,000 | 5,498,000 | 4,913,000 | 4,687,000 | 4,384,000 | 5,603,000 | 3,903,000 | 2,549,000 | 1,892,000 | 1,076,000 | 579,000 | 1,911,000 | 1,368,000 | 1,192,000 | 1,233,000 | 2,487,000 | 2,019,000 | 1,351,000 | 933,000 | 586,000 | 313,000 | -458,000 | 570,000 | 991,000 | 2,316,000 | |||||||||
net income | 78,107,000 | 92,394,000 | 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 | 18,213,000 | 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 | 1,513,000 | 1,171,000 | 1,824,000 | 3,057,000 | |
yoy | 418.47% | 41.84% | -4.50% | 9.61% | -79.25% | -6.45% | 30.12% | 8.48% | -1.38% | 17.56% | -7.36% | -10.55% | 13.68% | 13.49% | 2.33% | -0.54% | -19.50% | -28.45% | -14.49% | -19.76% | 7.54% | 45.07% | 25.51% | 74.31% | 42.45% | 9.69% | 39.92% | 18.82% | 9.56% | 36.92% | 13.08% | 6.48% | 12.90% | 0.93% | 10.39% | 14.78% | 46.61% | 35.42% | 36.11% | 36.67% | 17.77% | 13.20% | 29.77% | 33.24% | 40.73% | -6.47% | -3.89% | -5.96% | 14.02% | 13.04% | 35.09% | 53.16% | 13.58% | 77.29% | 0.28% | 5.80% | 25.17% | 29.02% | 56.13% | 66.51% | 60.87% | 64.59% | 85.58% | 124.95% | 136.03% | 180.79% | 205.46% | 11.90% | 77.88% | 1.47% | -36.97% | -19.82% | -34.86% | -14.75% | 85.81% | 344.00% | 125.60% | 47.92% | 10.76% | -56.14% | -64.47% | |||||
qoq | -15.46% | 35.33% | -4.08% | 372.49% | -76.87% | -8.88% | 10.09% | -10.57% | 4.29% | 26.73% | -8.22% | -18.70% | 24.32% | -0.14% | -11.38% | 3.32% | 24.11% | -9.96% | -13.87% | -16.37% | 10.32% | 7.61% | -19.17% | 12.08% | 48.82% | -6.91% | 12.26% | -8.41% | 14.60% | 18.75% | -4.68% | -15.55% | 43.22% | -1.92% | -10.24% | -10.46% | 28.04% | 7.27% | -6.67% | 14.37% | 18.26% | 7.82% | -6.28% | -1.44% | 13.67% | 23.61% | -3.78% | 4.10% | -24.46% | 27.01% | -5.84% | 26.21% | -25.11% | 51.79% | 6.75% | -6.40% | 16.89% | -14.14% | 12.62% | 10.73% | 20.49% | 3.90% | 20.11% | 6.98% | 23.27% | 17.16% | 45.59% | 12.26% | 46.64% | 27.45% | -46.66% | 78.45% | -16.35% | -20.83% | -32.15% | 44.98% | 9.47% | 72.55% | 62.13% | -26.34% | -28.22% | 29.21% | -35.80% | -40.33% | ||
net income margin % | 33.47% | 44.12% | 32.69% | 32.43% | 7.22% | 32.18% | 34.58% | 32.85% | 34.53% | 35.30% | 31.89% | 33.28% | 36.24% | 33.29% | 34.46% | 36.72% | 34.81% | 31.62% | 35.76% | 38.16% | 41.16% | 42.56% | 41.33% | 45.38% | 44.28% | 38.74% | 41.04% | 38.33% | 42.19% | 40.76% | 38.05% | 37.85% | 41.79% | 33.62% | 35.29% | 39.07% | 40.87% | 35.12% | 34.25% | 34.28% | 32.70% | 31.95% | 30.62% | 32.11% | 32.03% | 30.84% | 27.25% | 28.00% | 27.56% | 38.27% | 29.79% | 29.50% | 27.59% | 40.62% | 27.94% | 25.87% | 26.60% | 25.57% | 28.87% | 26.07% | 24.72% | 23.18% | 23.02% | 20.29% | 19.21% | 16.01% | 15.46% | 12.33% | 11.53% | 8.87% | 6.70% | 11.11% | 6.96% | 8.53% | 10.86% | 14.04% | 10.31% | 10.14% | 6.24% | 3.98% | 5.34% | 10.14% | 6.13% | 9.46% | 14.35% | |
less: income attributable to redeemable noncontrolling interest | -225,000 | -157,000 | -97,000 | -31,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available for common stockholders | 77,882,000 | 92,237,000 | 68,176,000 | 71,149,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share | 590 | 470 | 490 | 470 | 630 | 490 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2,210 | 2,510 | 1,840 | 1,910 | 400 | 1,740 | 1,900 | 1,720 | 1,920 | 1,840 | 1,470 | 1,600 | 1,960 | 1,580 | 1,580 | 1,780 | 1,730 | 1,390 | 1,540 | 1,790 | 2,150 | 1,950 | 1,810 | 2,250 | 2,010 | 1,360 | 1,460 | 1,300 | 1,420 | 1,240 | 1,040 | 1,100 | 1,300 | 910 | 930 | 1,030 | 1,150 | 900 | 840 | 900 | 790 | 487.5 | 620 | 660 | 670 | 520 | 420 | 570 | 370 | 350 | 370 | 310 | 360 | 320 | 300 | 250 | 240 | 190 | 180 | 150 | 130 | 90 | 80 | 60 | 40 | 80 | 50 | 60 | 70 | 110 | 80 | 70 | 40 | 30 | 40 | 70 | 40 | 70 | 110 | |||||||
diluted | 2,200 | 2,500 | 1,840 | 1,910 | 400 | 1,730 | 1,900 | 1,720 | 1,920 | 1,840 | 1,460 | 1,590 | 1,960 | 1,580 | 1,580 | 1,780 | 1,710 | 1,370 | 1,520 | 1,770 | 2,110 | 1,910 | 1,780 | 2,200 | 1,960 | 1,320 | 1,420 | 1,270 | 1,390 | 1,210 | 1,020 | 1,070 | 1,270 | 880 | 900 | 1,000 | 1,110 | 880 | 820 | 880 | 770 | 475 | 600 | 640 | 650 | 510 | 410 | 540 | 360 | 340 | 350 | 290 | 340 | 300 | 270 | 230 | 220 | 180 | 170 | 140 | 120 | 80 | 80 | 50 | 40 | 80 | 50 | 60 | 70 | 100 | 70 | 60 | 40 | 20 | 30 | 60 | 30 | 50 | 90 | |||||||
cash dividends declared per common share | 780 | 760 | 760 | 760 | 760 | 740 | 740 | 740 | 740 | 720 | 720 | 720 | 720 | 700 | 700 | 700 | 700 | 660 | 660 | 660 | 660 | 600 | 600 | 600 | 600 | 510 | 510 | 510 | 510 | 420 | 420 | 420 | 420 | 330 | 330 | 330 | 330 | 260 | 260 | 260 | 260 | 200 | 200 | 200 | 200 | 160 | 160 | 160 | 160 | 130 | 130 | 130 | 130 | 1,410 | 110 | 110 | 110 | 90 | 90 | 90 | 90 | 70 | 70 | 70 | ||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 35,301,000 | 37,056,000 | 37,023,000 | 37,210,000 | 37,388,000 | 37,600,000 | 37,527,000 | 37,655,000 | 37,740,000 | 37,546,000 | 37,491,000 | 37,485,000 | 37,478,000 | 37,468,000 | 37,479,000 | 37,529,000 | 37,384,000 | 37,508,000 | 37,529,000 | 37,508,000 | 37,470,000 | 37,359,000 | 37,386,000 | 37,340,000 | 37,303,000 | 37,083,000 | 37,066,000 | 37,049,000 | 37,043,000 | 36,958,000 | 36,951,000 | 36,950,000 | 36,954,000 | 36,864,000 | 36,865,000 | 36,853,000 | 36,850,000 | 36,844,000 | 36,889,000 | 36,876,000 | 36,775,000 | 36,690,000 | 36,681,000 | 36,699,000 | 36,706,000 | 36,930,000 | 36,856,000 | 37,015,000 | 37,121,000 | 36,886,000 | 36,919,000 | 36,868,000 | 36,774,000 | 36,516,000 | 36,500,000 | 36,128,000 | 36,934,000 | 37,006,000 | 37,126,000 | 36,762,000 | 36,507,000 | 33,159,177,000 | 32,944,706,000 | 33,732,905,000 | 33,625,512,000 | 33,263,828,000 | 33,287,464,000 | 33,255,901,000 | 33,183,476,000 | 32,830,923,000 | 32,952,012,000 | 32,931,838,000 | 32,413,129,000 | 32,293,036,000 | 32,828,978,000 | 32,927,868,000 | 30,813,478,000 | 30,563,437,000 | 31,319,771,000 | 29,837,704,000 | 29,814,296,000 | 28,156,505,000 | 28,316,845,000 | 27,727,594,000 | 27,427,508,000 | |
diluted | 35,386,000 | 37,137,000 | 37,109,000 | 37,298,000 | 37,456,000 | 37,672,000 | 37,608,000 | 37,689,000 | 37,790,000 | 37,654,000 | 37,574,000 | 37,588,000 | 37,645,000 | 37,643,000 | 37,567,000 | 37,608,000 | 37,824,000 | 38,097,000 | 38,084,000 | 38,104,000 | 38,155,000 | 38,144,000 | 38,160,000 | 38,153,000 | 38,075,000 | 37,956,000 | 37,995,000 | 37,910,000 | 37,832,000 | 37,855,000 | 37,828,000 | 37,862,000 | 37,886,000 | 38,038,000 | 38,019,000 | 38,077,000 | 38,112,000 | 37,738,000 | 37,792,000 | 37,748,000 | 37,671,000 | 37,637,000 | 37,643,000 | 37,642,000 | 37,626,000 | 37,889,000 | 37,805,000 | 37,942,000 | 38,096,000 | 37,888,000 | 37,965,000 | 37,819,000 | 37,673,000 | 37,816,000 | 37,541,000 | 37,440,000 | 38,695,000 | 39,608,000 | 39,828,000 | 39,490,000 | 39,301,000 | 39,051,186,000 | 38,743,590,000 | 39,513,609,000 | 39,305,474,000 | 38,081,980,000 | 38,196,823,000 | 37,853,809,000 | 37,516,962,000 | 35,737,379,000 | 37,438,054,000 | 34,758,643,000 | 33,394,866,000 | 34,453,195,000 | 34,575,086,000 | 34,631,142,000 | 34,526,548,000 | 35,077,348,000 | 34,792,783,000 | 34,944,312,000 | 35,672,980,000 | 35,512,346,000 | 35,508,128,000 | 35,424,799,000 | 35,482,963,000 | |
the accompanying notes are an integral part of these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income | 436,500 | 1,433,000 | 254,000 | 59,000 | 79,000 | 108,000 | 107,000 | 107,000 | 119,000 | 344,000 | 714,000 | 1,269,000 | 1,767,000 | 2,211,000 | 2,096,000 | 1,989,000 | 1,926,000 | 1,635,000 | 1,383,000 | 1,168,000 | 1,068,000 | 964,000 | 840,000 | 747,000 | 668,000 | 534,000 | 517,000 | 418,000 | 284,000 | 248,000 | 190,000 | 183,000 | 127,000 | 132,000 | 138,000 | 146,000 | 132,000 | 112,000 | 44,000 | 132,000 | 236,000 | 251,000 | 268,000 | 303,000 | 317,000 | 303,000 | 310,000 | 299,000 | 285,000 | 301,000 | 315,000 | 291,000 | ||||||||||||||||||||||||||||||||||
benefit from income taxes | 14,406,000 | 20,189,000 | 12,723,000 | 12,067,000 | 15,436,000 | 17,425,000 | 15,407,000 | 10,233,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and post-trade services | 6,115,000 | 8,372,000 | 8,272,000 | 7,816,000 | 7,538,000 | 7,322,000 | 8,586,000 | 7,779,000 | 7,678,000 | 7,671,000 | 7,632,000 | 7,679,000 | 7,869,000 | 7,600,000 | 7,962,000 | 8,079,000 | 7,357,000 | 7,125,000 | 7,192,000 | 3,703,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services | 708,000 | 683,000 | 762,000 | 1,420,000 | 1,289,000 | 1,562,000 | 1,987,000 | 2,036,000 | 2,052,000 | 1,561,000 | 3,537,000 | 3,139,000 | 3,244,000 | 2,979,000 | 3,220,000 | 2,908,000 | 3,439,000 | 3,779,000 | 3,984,000 | 3,108,000 | 3,778,000 | 3,455,000 | 3,251,000 | 3,164,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes from continuing operations | 33,489,000 | 28,268,000 | 29,071,000 | 27,708,000 | 24,799,000 | 26,388,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 21,636,000 | 17,504,000 | 18,191,000 | 17,475,000 | 15,470,000 | 18,259,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(loss) from discontinued operations, net of income taxes | 21,000 | -46,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 590 | 470 | 490 | 470 | 420 | 490 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(loss) from discontinued operations | -2.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share | 590 | 470 | 490 | 470 | 630 | 490 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 35,301,000 | 37,056,000 | 37,023,000 | 37,210,000 | 37,388,000 | 37,600,000 | 37,527,000 | 37,655,000 | 37,740,000 | 37,546,000 | 37,491,000 | 37,485,000 | 37,478,000 | 37,468,000 | 37,479,000 | 37,529,000 | 37,384,000 | 37,508,000 | 37,529,000 | 37,508,000 | 37,470,000 | 37,359,000 | 37,386,000 | 37,340,000 | 37,303,000 | 37,083,000 | 37,066,000 | 37,049,000 | 37,043,000 | 36,958,000 | 36,951,000 | 36,950,000 | 36,954,000 | 36,864,000 | 36,865,000 | 36,853,000 | 36,850,000 | 36,844,000 | 36,889,000 | 36,876,000 | 36,775,000 | 36,690,000 | 36,681,000 | 36,699,000 | 36,706,000 | 36,930,000 | 36,856,000 | 37,015,000 | 37,121,000 | 36,886,000 | 36,919,000 | 36,868,000 | 36,774,000 | 36,516,000 | 36,500,000 | 36,128,000 | 36,934,000 | 37,006,000 | 37,126,000 | 36,762,000 | 36,507,000 | 33,159,177,000 | 32,944,706,000 | 33,732,905,000 | 33,625,512,000 | 33,263,828,000 | 33,287,464,000 | 33,255,901,000 | 33,183,476,000 | 32,830,923,000 | 32,952,012,000 | 32,931,838,000 | 32,413,129,000 | 32,293,036,000 | 32,828,978,000 | 32,927,868,000 | 30,813,478,000 | 30,563,437,000 | 31,319,771,000 | 29,837,704,000 | 29,814,296,000 | 28,156,505,000 | 28,316,845,000 | 27,727,594,000 | 27,427,508,000 | |
diluted | 35,386,000 | 37,137,000 | 37,109,000 | 37,298,000 | 37,456,000 | 37,672,000 | 37,608,000 | 37,689,000 | 37,790,000 | 37,654,000 | 37,574,000 | 37,588,000 | 37,645,000 | 37,643,000 | 37,567,000 | 37,608,000 | 37,824,000 | 38,097,000 | 38,084,000 | 38,104,000 | 38,155,000 | 38,144,000 | 38,160,000 | 38,153,000 | 38,075,000 | 37,956,000 | 37,995,000 | 37,910,000 | 37,832,000 | 37,855,000 | 37,828,000 | 37,862,000 | 37,886,000 | 38,038,000 | 38,019,000 | 38,077,000 | 38,112,000 | 37,738,000 | 37,792,000 | 37,748,000 | 37,671,000 | 37,637,000 | 37,643,000 | 37,642,000 | 37,626,000 | 37,889,000 | 37,805,000 | 37,942,000 | 38,096,000 | 37,888,000 | 37,965,000 | 37,819,000 | 37,673,000 | 37,816,000 | 37,541,000 | 37,440,000 | 38,695,000 | 39,608,000 | 39,828,000 | 39,490,000 | 39,301,000 | 39,051,186,000 | 38,743,590,000 | 39,513,609,000 | 39,305,474,000 | 38,081,980,000 | 38,196,823,000 | 37,853,809,000 | 37,516,962,000 | 35,737,379,000 | 37,438,054,000 | 34,758,643,000 | 33,394,866,000 | 34,453,195,000 | 34,575,086,000 | 34,631,142,000 | 34,526,548,000 | 35,077,348,000 | 34,792,783,000 | 34,944,312,000 | 35,672,980,000 | 35,512,346,000 | 35,508,128,000 | 35,424,799,000 | 35,482,963,000 | |
information and user access fees | 1,878,000 | 1,896,000 | 1,790,000 | 1,871,000 | 1,960,000 | 1,831,000 | 1,719,000 | 1,689,000 | 1,722,000 | 1,603,000 | 1,722,000 | 1,634,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade | 27,706,000 | 28,017,000 | 26,830,000 | 26,378,000 | 22,234,000 | 21,537,000 | 20,249,000 | 19,776,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eurobond | 4,133,000 | 4,443,000 | 4,606,000 | 4,617,000 | 4,420,000 | 4,075,000 | 4,669,000 | 5,492,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total commissions | 38,761,000 | 39,822,000 | 39,076,000 | 37,785,000 | 32,261,000 | 31,152,000 | 29,460,000 | 29,307,000 | 28,567,000 | 25,289,000 | 21,830,000 | 20,446,000 | 16,876,000 | 17,219,000 | 20,138,000 | 19,295,000 | 19,087,000 | 18,978,000 | 21,456,000 | 20,693,000 | 19,088,000 | 17,597,000 | 17,258,000 | 17,487,000 | 12,791,750 | 15,789,000 | 16,726,000 | 18,653,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 35,301,000 | 37,056,000 | 37,023,000 | 37,210,000 | 37,388,000 | 37,600,000 | 37,527,000 | 37,655,000 | 37,740,000 | 37,546,000 | 37,491,000 | 37,485,000 | 37,478,000 | 37,468,000 | 37,479,000 | 37,529,000 | 37,384,000 | 37,508,000 | 37,529,000 | 37,508,000 | 37,470,000 | 37,359,000 | 37,386,000 | 37,340,000 | 37,303,000 | 37,083,000 | 37,066,000 | 37,049,000 | 37,043,000 | 36,958,000 | 36,951,000 | 36,950,000 | 36,954,000 | 36,864,000 | 36,865,000 | 36,853,000 | 36,850,000 | 36,844,000 | 36,889,000 | 36,876,000 | 36,775,000 | 36,690,000 | 36,681,000 | 36,699,000 | 36,706,000 | 36,930,000 | 36,856,000 | 37,015,000 | 37,121,000 | 36,886,000 | 36,919,000 | 36,868,000 | 36,774,000 | 36,516,000 | 36,500,000 | 36,128,000 | 36,934,000 | 37,006,000 | 37,126,000 | 36,762,000 | 36,507,000 | 33,159,177,000 | 32,944,706,000 | 33,732,905,000 | 33,625,512,000 | 33,263,828,000 | 33,287,464,000 | 33,255,901,000 | 33,183,476,000 | 32,830,923,000 | 32,952,012,000 | 32,931,838,000 | 32,413,129,000 | 32,293,036,000 | 32,828,978,000 | 32,927,868,000 | 30,813,478,000 | 30,563,437,000 | 31,319,771,000 | 29,837,704,000 | 29,814,296,000 | 28,156,505,000 | 28,316,845,000 | 27,727,594,000 | 27,427,508,000 | |
diluted | 35,386,000 | 37,137,000 | 37,109,000 | 37,298,000 | 37,456,000 | 37,672,000 | 37,608,000 | 37,689,000 | 37,790,000 | 37,654,000 | 37,574,000 | 37,588,000 | 37,645,000 | 37,643,000 | 37,567,000 | 37,608,000 | 37,824,000 | 38,097,000 | 38,084,000 | 38,104,000 | 38,155,000 | 38,144,000 | 38,160,000 | 38,153,000 | 38,075,000 | 37,956,000 | 37,995,000 | 37,910,000 | 37,832,000 | 37,855,000 | 37,828,000 | 37,862,000 | 37,886,000 | 38,038,000 | 38,019,000 | 38,077,000 | 38,112,000 | 37,738,000 | 37,792,000 | 37,748,000 | 37,671,000 | 37,637,000 | 37,643,000 | 37,642,000 | 37,626,000 | 37,889,000 | 37,805,000 | 37,942,000 | 38,096,000 | 37,888,000 | 37,965,000 | 37,819,000 | 37,673,000 | 37,816,000 | 37,541,000 | 37,440,000 | 38,695,000 | 39,608,000 | 39,828,000 | 39,490,000 | 39,301,000 | 39,051,186,000 | 38,743,590,000 | 39,513,609,000 | 39,305,474,000 | 38,081,980,000 | 38,196,823,000 | 37,853,809,000 | 37,516,962,000 | 35,737,379,000 | 37,438,054,000 | 34,758,643,000 | 33,394,866,000 | 34,453,195,000 | 34,575,086,000 | 34,631,142,000 | 34,526,548,000 | 35,077,348,000 | 34,792,783,000 | 34,944,312,000 | 35,672,980,000 | 35,512,346,000 | 35,508,128,000 | 35,424,799,000 | 35,482,963,000 | |
u.s. high-grade, including 2,276, 1,928, 6,300 and 5,985 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 10,907,250 | 16,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eurobond, including 1,049, 788, 2,764 and 2,465 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 3,587,750 | 5,497,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 363, 378, 1,043 and 1,244 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 2,396,250 | 3,486,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services, including 9, 3, 28 and 25 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 1,680,000 | 2,601,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 60, 81, 185 and 207 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 1,169,500 | 1,519,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 36, 310, 184 and 786 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 220,000 | 314,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 37, 45, 117 and 132 from related parties for the three and nine months ended september 30, 2009 and 2008, respectively | 159,250 | 286,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative, including... | 1,757,000 | 1,654,000 | 1,373,000 | 1,226,000 | 1,564,000 | 1,781,000 | 1,495,000 | 1,568,000 | 1,907,000 | 1,481,000 | 1,320,000 | 1,181,000 | 2,343,000 | 2,181,000 | 1,845,000 | 1,992,000 | 1,110,250 | 1,914,000 | 1,223,000 | 1,304,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 2,038, 2,137, 4,024 and 4,057 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 13,808,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eurobond, including 933, 873, 1,715 and 1,678 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 4,712,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 378, 437, 680 and 866 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 3,310,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services, including 10, 7, 19 and 22 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 2,096,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 64, 73, 125 and 126 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 1,504,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 58, 209, 148 and 476 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 234,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 38, 45, 80 and 87 from related parties for the three and six months ended june 30, 2009 and 2008, respectively | 175,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 1,985 and 1,920 from related parties for the three months ended march 31, 2009 and 2008, respectively | 13,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eurobond, including 783 and 804 from related parties for the three and months ended march 31, 2009 and 2008, respectively | 4,142,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 302 and 429 from related parties for the three months ended march 31, 2009 and 2008, respectively | 2,789,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services, including 9 and 15 from related parties for the three months ended march 31, 2009 and 2008, respectively | 2,023,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 61 and 53 from related parties for the three months ended march 31, 2009 and 2008, respectively | 1,655,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 90 and 267 from related parties for the three months ended march 31, 2009 and 2008, respectively | 332,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 42 and 43 from related parties for the three months ended march 31, 2009 and 2008, respectively | 176,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 1,928, 4,756, 5,985 and 16,896 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 8,933,250 | 10,777,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 788, 1,401, 2,465 and 3,770 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 3,534,000 | 4,427,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 378, 1,285, 1,244 and 3,597 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 1,695,750 | 2,015,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 81, 218, 207 and 595 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 1,121,250 | 1,562,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 310, 474, 786 and 1,388 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 678,750 | 963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services, including 3, 0, 25 and 0 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 1,522,250 | 2,646,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 45, 150, 132 and 352 from related parties for the three and nine months ended september 30, 2008 and 2007, respectively | 329,000 | 291,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 2,137, 6,177, 4,057 and 12,141 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 12,554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 873, 1,180, 1,678 and 2,535 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 5,120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 437, 1,335, 866 and 2,594 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 2,464,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 73, 190, 126 and 377 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 1,442,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 209, 386, 476 and 914 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 761,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services, including 7, 0, 22 and 0 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 2,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 45, 99, 87 and 202 from related parties for the three and six months ended june 30, 2008 and 2007, respectively | 620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 1,920 and 5,964 from related parties for the three months ended march 31, 2008 and 2007, respectively | 12,402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 804 and 1,355 from related parties for the three months ended march 31, 2008 and 2007, respectively | 4,589,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 429 and 1,259 from related parties for the three months ended march 31, 2008 and 2007, respectively | 2,304,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 53 and 186 from related parties for the three months ended march 31, 2008 and 2007, respectively | 1,481,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 267 and 528 from related parties for the three months ended march 31, 2008 and 2007, respectively | 991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology products and services, including 15 from related parties for the three months ended march 31, 2008 | 767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 43 and 102 from related parties for the three months ended march 31, 2008 and 2007, respectively | 405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 4,756, 6,064, 16,896 and 17,034 from related parties for the three and nine months ended september 30, 2007 and 2006, respectively | 10,049,000 | 11,982,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,235, 1,401, 3,770 and 5,095 from related parties for the three and nine months ended september 30, 2007 and 2006, respectively | 3,524,750 | 4,889,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,002, 1,285, 3,597 and 4,120 from related parties for the three and nine months ended september 30, 2007 and 2006, respectively | 1,708,000 | 2,107,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 218, 290, 595 and 898 from related parties for the three and nine months ended september 30, 2007 and 2006, respectively | 1,089,250 | 1,535,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
license fees | 30,000 | 90,000 | 329,000 | 239,000 | 124,000 | 247,000 | 214,000 | 281,000 | 685,000 | 1,032,000 | 491,000 | 780,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 474, 227, 1,388 and 719 from related parties for the three and nine months ended september 30, 2007 and 2006, respectively | 953,000 | 1,332,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 150, 125, 352 and 389 from related parties for the three and nine months ended september 30, 2007 and 2006, respectively | 328,250 | 263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 6,177, 5,417, 12,141 and 10,970 from related parties for the three and six months ended june 30, 2007 and 2006, respectively | 14,532,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,180, 1,778, 2,535 and 3,694 from related parties for the three and six months ended june 30, 2007 and 2006, respectively | 4,456,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,335, 1,447, 2,594 and 2,835 from related parties for the three and six months ended june 30, 2007 and 2006, respectively | 2,468,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 190, 338, 377 and 608 from related parties for the three and six months ended june 30, 2007 and 2006, respectively | 1,468,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 386, 279, 914 and 453 from related parties for the three and six months ended june 30, 2007 and 2006, respectively | 1,258,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 99, 130, 202 and 264 from related parties for the three and six months ended june 30, 2007 and 2006, respectively | 793,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 5,964 and 5,553 from related parties for the three months ended march 31, 2007 and 2006, respectively | 13,682,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,355 and 1,878 from related parties for the three months ended march 31, 2007 and 2006, respectively | 4,754,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,259 and 1,388 from related parties for the three months ended march 31, 2007 and 2006, respectively | 2,257,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 186 and 270 from related parties for the three months ended march 31, 2007 and 2006, respectively | 1,354,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 528 and 214 from related parties for the three months ended march 31, 2007 and 2006, respectively | 1,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 102 and 134 from related parties for the three months ended march 31, 2007 and 2006, respectively | 257,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 6,064, 5,434, 17,034 and 19,073 from related parties for the three and nine months ended september 30, 2006 and 2005, respectively | 8,563,500 | 12,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,401, 1,423, 5,095 and 5,586 from related parties for the three and nine months ended september 30, 2006 and 2005, respectively | 2,929,250 | 3,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,285, 1,249, 4,120 and 3,757 from related parties for the three and nine months ended september 30, 2006 and 2005, respectively | 1,592,750 | 2,057,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 290, 241, 898 and 683 from related parties for the three and nine months ended september 30, 2006 and 2005, respectively | 1,027,000 | 1,426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 227, 167, 719 and 549 from related parties for the three and nine months ended september 30, 2006 and 2005, respectively | 828,000 | 1,266,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 125, 156, 389 and 419 from related parties for the three and nine months ended september 30, 2006 and 2005, respectively | 183,000 | 238,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
moneyline revenue share to related party | -50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 5,417, 6,499, 10,970 and 13,639 from related parties for the three months ended june 30, 2006 and 2005, and for the six months ended june 30, 2006 and 2005, respectively | 10,975,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,778, 1,776, 3,694 and 4,162 from related parties for the three months ended june 30, 2006 and 2005, and for the six months ended june 30, 2006 and 2005, respectively | 4,089,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,447, 1,342, 2,835 and 2,507 from related parties for the three months ended june 30, 2006 and 2005, and for the six months ended june 30, 2006 and 2005, respectively | 2,194,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 338, 227, 608 and 439 from related parties for the three months ended june 30, 2006 and 2005, and for the six months ended june 30, 2006 and 2005, respectively | 1,323,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 279, 180, 453 and 381 from related parties for the three months ended june 30, 2006 and 2005, and for the six months ended june 30, 2006 and 2005, respectively | 1,084,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 130, 170, 264 and 272 from related parties for the three months ended june 30, 2006 and 2005, and for the six months ended june 30, 2006 and 2005, respectively | 243,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 5,553 and 7,140 from related parties for the three months ended march 31, 2006 and 2005, respectively | 11,029,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,878 and 2,386 from related parties for the three months ended march 31, 2006 and 2005, respectively | 4,338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,388 and 1,165 from related parties for the three months ended march 31, 2006 and 2005, respectively | 2,120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 270 and 212 from related parties for the three months ended march 31, 2006 and 2005, respectively | 1,359,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income, including 214 and 201 from related parties for the three months ended march 31, 2006 and 2005, respectively | 962,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 134 and 102 from related parties for the three months ended march 31, 2006 and 2005, respectively | 251,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 5,434, 6,100, 19,073 and 18,871 from related parties for the three months ended september 30, 2005 and 2004, and for the nine months ended september 30, 2005 and 2004, respectively | 8,725,000 | 10,820,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,423, 1,990, 5,586 and 6,571 from related parties for the three months ended september 30, 2005 and 2004, and for the nine months ended september 30, 2005 and 2004, respectively | 2,717,250 | 3,132,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,249, 1,592, 3,757 and 4,165 from related parties for the three months ended september 30, 2005 and 2004, and for the nine months ended september 30, 2005 and 2004, respectively | 1,349,500 | 1,837,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 241, 118, 683 and 255 from related parties for the three months ended september 30, 2005 and 2004, and for the nine months ended september 30, 2005 and 2004, respectively | 801,000 | 1,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income, including 167, 41, 549 and 162 from related parties for the three months ended september 30, 2005 and 2004, and for the nine months ended september 30, 2005 and 2004, respectively | 551,250 | 828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 156, 125, 419 and 372 from related parties for the three months ended september 30, 2005 and 2004, and for the nine months ended september 30, 2005 and 2004, respectively | 199,750 | 274,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrant-related expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 6,499, 6,265, 13,639 and 12,770 from related parties for the three months ended june 30, 2005 and 2004, and for the six months ended june 30, 2005 and 2004, respectively | 11,562,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 1,776, 1,971, 4,162 and 4,582 from related parties for the three months ended june 30, 2005 and 2004, and for the six months ended june 30, 2005 and 2004, respectively | 3,336,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,342, 1,139, 2,507 and 2,573 from related parties for the three months ended june 30, 2005 and 2004, and for the six months ended june 30, 2005 and 2004, respectively | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 227, 65, 439 and 137 from related parties for the three months ended june 30, 2005 and 2004, and for the six months ended june 30, 2005 and 2004, respectively | 1,004,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income, including 180, 30, 381 and 120 from related parties for the three months ended june 30, 2005 and 2004, and for the six months ended june 30, 2005 and 2004, respectively | 777,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 170, 122, 272 and 246 from related parties for the three months ended june 30, 2005 and 2004, and for the six months ended june 30, 2005 and 2004, respectively | 284,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. high-grade, including 7,140 and 6,505 from related parties for march 31, 2005 and 2004, respectively | 12,518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
european high-grade, including 2,386 and 2,611 from related parties for march 31, 2005 and 2004, respectively | 4,401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 1,165 and 1,434 from related parties for march 31, 2005 and 2004, respectively | 1,734,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
information and user access fees, including 212 and 72 from related parties for march 31, 2005 and 2004, respectively | 1,035,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income, including 201 and 90 from related parties for march 31, 2005 and 2004, respectively | 600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including 102 and 124 from related parties for march 31, 2005 and 2004, respectively | 240,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 377,302,000 | 519,734,000 | 473,299,000 | 462,837,000 | 486,224,000 | 544,478,000 | 446,347,000 | 434,063,000 | 376,679,000 | 451,280,000 | 420,497,000 | 396,487,000 | 332,780,000 | 430,746,000 | 318,699,000 | 290,544,000 | 364,567,000 | 506,735,000 | 432,715,000 | 413,612,000 | 390,915,000 | 460,858,000 | 310,368,000 | 404,148,000 | 363,811,000 | 270,124,000 | 320,527,000 | 286,179,000 | 260,953,000 | 246,322,000 | 210,085,000 | 170,686,000 | 156,169,000 | 167,014,000 | 138,992,000 | 128,143,000 | 137,655,000 | 168,243,000 | 161,444,000 | 153,275,000 | 137,995,000 | 199,728,000 | 160,376,000 | 169,263,000 | 161,048,000 | 168,924,000 | 155,100,000 | 133,154,000 | 130,045,000 | 132,691,000 | 119,009,000 | 135,468,000 | 125,919,000 | 128,908,000 | 150,101,000 | 129,595,000 | 119,809,000 | 169,620,000 | 157,622,000 | 135,768,000 | 116,567,000 | 124,994,000 | 108,745,000 | 113,526,000 | 104,552,000 | 103,341,000 | 106,133,000 | 88,737,000 | 109,823,000 | 107,323,000 | 114,962,000 | 96,256,000 | 54,299,000 | 72,711,000 | 74,350,000 | 65,350,000 | 68,291,000 | 82,000,000 | 65,293,000 | 51,291,000 | 52,158,000 | 58,189,000 | 54,493,000 | 37,630,000 | 57,042,000 | 97,652,000 |
cash segregated under federal regulations | 49,053,000 | 48,722,000 | 48,351,000 | 47,930,000 | 47,514,000 | 47,107,000 | 46,657,000 | 46,141,000 | 45,629,000 | 45,122,000 | 52,601,000 | 52,015,000 | 51,459,000 | 50,947,000 | 50,523,000 | 50,276,000 | 50,187,000 | 50,159,000 | 50,134,000 | 50,108,000 | 50,083,000 | 50,059,000 | 50,033,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments, at fair value | 170,808,000 | 170,677,000 | 168,472,000 | 169,349,000 | 166,113,000 | 165,260,000 | 167,213,000 | 135,908,000 | 135,831,000 | 134,861,000 | 132,844,000 | 109,037,000 | 106,674,000 | 83,792,000 | 33,294,000 | 34,297,000 | 35,875,000 | 36,078,000 | 35,767,000 | 35,838,000 | 24,308,000 | 28,111,000 | 31,274,000 | 131,372,000 | 135,617,000 | 230,477,000 | 235,625,000 | 231,895,000 | 222,458,000 | 240,105,000 | 236,101,000 | 249,591,000 | 244,271,000 | 239,521,000 | 237,221,000 | 237,361,000 | 218,559,000 | 194,404,000 | 170,655,000 | 146,330,000 | 147,226,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 128,171,000 | 100,989,000 | 110,519,000 | 113,242,000 | 109,171,000 | 91,845,000 | 102,760,000 | 92,350,000 | 99,878,000 | 89,839,000 | 90,548,000 | 92,969,000 | 100,184,000 | 78,450,000 | 87,550,000 | 87,475,000 | 75,520,000 | 63,881,000 | 67,766,000 | 87,125,000 | 87,452,000 | 79,577,000 | 81,706,000 | 99,222,000 | 93,572,000 | 62,017,000 | 72,812,000 | 66,332,000 | 70,946,000 | 57,535,000 | 62,004,000 | 61,883,000 | 67,529,000 | 52,636,000 | 63,027,000 | 55,215,000 | 56,642,000 | 50,668,000 | 56,583,000 | 62,860,000 | 52,755,000 | 40,459,000 | 49,280,000 | 46,938,000 | 46,062,000 | 33,836,000 | 36,947,000 | 40,896,000 | 39,077,000 | 34,158,000 | 36,876,000 | 41,826,000 | 35,467,000 | 31,044,000 | 33,414,000 | 33,209,000 | 33,039,000 | 36,170,000 | 31,858,000 | 34,494,000 | 30,064,000 | 18,796,000 | 16,893,000 | 15,866,000 | 17,245,000 | 16,027,000 | 14,554,000 | 14,375,000 | ||||||||||||||||||
receivables from broker-dealers, clearing organizations and customers, including 75,072 pledged as collateral as of march 31, 2026 | 977,049,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 283,667,000 | 283,667,000 | 283,667,000 | 286,020,000 | 236,706,000 | 236,706,000 | 236,706,000 | 236,706,000 | 236,706,000 | 236,706,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 154,789,000 | 147,388,000 | 147,388,000 | 147,388,000 | 147,394,000 | 147,394,000 | 146,861,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization | 105,281,000 | 110,629,000 | 115,880,000 | 121,397,000 | 94,430,000 | 98,078,000 | 104,331,000 | 108,420,000 | 113,576,000 | 119,108,000 | 84,687,000 | 89,812,000 | 94,411,000 | 98,065,000 | 99,887,000 | 105,607,000 | 111,620,000 | 116,377,000 | 119,797,000 | 119,989,000 | 90,945,000 | 95,354,000 | 58,873,000 | 59,552,000 | 60,285,000 | 60,986,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
furniture, equipment, leasehold improvements and capitalized software, net of accumulated depreciation and amortization | 111,642,000 | 112,431,000 | 111,622,000 | 109,206,000 | 107,858,000 | 107,298,000 | 109,482,000 | 108,802,000 | 107,239,000 | 102,671,000 | 101,654,000 | 99,022,000 | 99,133,000 | 100,256,000 | 93,512,000 | 93,255,000 | 95,302,000 | 96,061,000 | 95,575,000 | 93,108,000 | 88,655,000 | 85,204,000 | 82,074,000 | 78,461,000 | 74,926,000 | 71,795,000 | 66,531,000 | 64,206,000 | 61,047,000 | 63,010,000 | 54,320,000 | 50,088,000 | 39,623,000 | 38,548,000 | 35,321,000 | 34,643,000 | 33,888,000 | 31,104,000 | 30,773,000 | 31,495,000 | 32,094,000 | 30,897,000 | 31,027,000 | 31,290,000 | 31,190,000 | 32,185,000 | 32,800,000 | 34,396,000 | 33,393,000 | 32,703,000 | 27,617,000 | 26,443,000 | 18,743,000 | 18,466,000 | 14,960,000 | 14,076,000 | 13,409,000 | 12,701,000 | ||||||||||||||||||||||||||||
operating lease right-of-use assets | 50,986,000 | 51,854,000 | 53,412,000 | 55,382,000 | 56,624,000 | 58,132,000 | 59,998,000 | 60,500,000 | 62,006,000 | 63,045,000 | 63,101,000 | 63,674,000 | 64,904,000 | 66,106,000 | 66,662,000 | 68,602,000 | 69,189,000 | 70,960,000 | 72,586,000 | 73,906,000 | 75,223,000 | 75,924,000 | 76,692,000 | 77,933,000 | 79,651,000 | 81,399,000 | 75,390,000 | 76,722,000 | 78,190,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | 47,577,000 | 46,972,000 | 42,019,000 | 50,455,000 | 79,843,000 | 82,584,000 | 84,566,000 | 85,831,000 | 86,531,000 | 84,499,000 | 88,710,000 | 81,645,000 | 65,874,000 | 68,289,000 | 70,177,000 | 65,048,000 | 29,309,000 | 27,066,000 | 30,948,000 | 33,709,000 | 25,943,000 | 29,039,000 | 26,191,000 | 41,102,000 | 20,289,000 | 30,770,000 | 18,591,000 | 22,597,000 | 17,219,000 | 22,468,000 | 18,594,000 | 21,030,000 | 17,888,000 | 18,717,000 | 16,174,000 | 21,058,000 | 13,794,000 | 11,618,000 | 11,758,000 | 13,463,000 | 12,844,000 | 9,880,000 | 7,173,000 | 12,596,000 | 7,207,000 | 6,685,000 | 8,800,000 | 12,356,000 | 9,333,000 | 10,640,000 | 10,543,000 | 11,204,000 | 8,931,000 | 8,096,000 | 8,584,000 | 13,715,000 | 6,828,000 | 8,465,000 | 10,944,000 | 12,326,000 | 8,849,000 | 2,984,000 | 2,591,000 | 3,052,000 | 3,171,000 | 3,041,000 | 2,379,000 | 2,631,000 | 2,586,000 | 3,177,000 | 2,142,000 | 2,748,000 | 2,606,000 | 1,938,000 | 1,322,000 | 1,463,000 | 2,103,000 | 2,221,000 | ||||||||
total assets | 2,301,536,000 | 1,934,886,000 | 2,013,908,000 | 1,974,938,000 | 1,878,096,000 | 1,789,216,000 | 1,833,049,000 | 1,886,713,000 | 1,926,963,000 | 2,015,067,000 | 1,737,512,000 | 1,619,191,000 | 1,628,462,000 | 1,607,775,000 | 1,559,747,000 | 1,567,710,000 | 1,707,485,000 | 1,530,452,000 | 1,611,918,000 | 1,537,923,000 | 1,545,869,000 | 1,331,429,000 | 1,245,504,000 | 1,039,217,000 | 975,603,000 | 954,930,000 | 855,026,000 | 812,009,000 | 774,809,000 | 695,539,000 | 646,131,000 | 617,598,000 | 589,273,000 | 581,232,000 | 562,347,000 | 547,041,000 | 530,714,000 | 528,042,000 | 502,151,000 | 477,115,000 | 451,842,000 | 439,041,000 | 416,322,000 | 398,946,000 | 378,694,000 | 379,884,000 | 362,909,000 | 356,719,000 | 346,373,000 | 351,578,000 | 332,688,000 | 305,378,000 | 282,881,000 | 279,841,000 | 304,928,000 | 289,728,000 | 274,510,000 | 349,458,000 | 339,200,000 | 321,267,000 | 303,730,000 | 299,521,000 | 287,169,000 | 285,436,000 | 272,631,000 | 277,286,000 | 267,500,000 | 252,095,000 | 243,222,000 | 246,428,000 | 240,074,000 | 229,064,000 | 200,791,000 | 198,366,000 | 198,369,000 | 193,261,000 | 189,174,000 | 204,278,000 | 197,455,000 | 189,430,000 | 185,499,000 | 185,695,000 | 179,256,000 | 170,312,000 | ||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued employee compensation | 34,738,000 | 73,879,000 | 60,374,000 | 48,198,000 | 30,912,000 | 68,054,000 | 52,816,000 | 41,002,000 | 28,665,000 | 60,124,000 | 43,881,000 | 35,877,000 | 24,735,000 | 56,302,000 | 45,217,000 | 35,685,000 | 26,166,000 | 59,719,000 | 49,046,000 | 39,278,000 | 28,223,000 | 62,326,000 | 50,926,000 | 39,434,000 | 21,929,000 | 47,365,000 | 35,082,000 | 26,669,000 | 16,699,000 | 39,053,000 | 31,468,000 | 23,612,000 | 15,611,000 | 36,502,000 | 31,027,000 | 23,080,000 | 13,872,000 | 34,783,000 | 28,546,000 | 20,212,000 | 10,910,000 | 29,296,000 | 22,838,000 | 16,109,000 | 8,960,000 | 25,310,000 | 18,384,000 | 12,196,000 | 6,183,000 | 23,811,000 | 19,229,000 | 12,509,000 | 5,751,000 | 19,916,000 | 15,435,000 | 10,503,000 | 5,817,000 | 19,425,000 | 15,672,000 | 11,931,000 | 5,972,000 | 17,791,000 | 13,551,000 | 8,508,000 | 4,337,000 | 15,157,000 | 10,214,000 | 6,228,000 | 2,953,000 | 10,439,000 | 8,642,000 | 5,951,000 | 3,453,000 | 14,311,000 | 11,471,000 | 8,528,000 | 5,412,000 | 12,622,000 | 8,751,000 | 5,751,000 | 2,836,000 | 11,848,000 | 8,893,000 | 5,930,000 | 3,122,000 | 11,803,000 |
payables to broker-dealers, clearing organizations and customers | 696,302,000 | 325,959,000 | 365,828,000 | 329,785,000 | 318,866,000 | 218,845,000 | 283,314,000 | 392,846,000 | 465,703,000 | 537,398,000 | 364,086,000 | 287,360,000 | 316,274,000 | 303,993,000 | 336,885,000 | 375,211,000 | 458,476,000 | 229,325,000 | 303,439,000 | 278,303,000 | 308,268,000 | 133,326,000 | 138,120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings | 228,250,000 | 220,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income and other tax liabilities | 35,503,000 | 49,267,000 | 98,744,000 | 95,197,000 | 80,987,000 | 3,683,000 | 2,151,000 | 2,058,000 | 2,931,000 | 7,892,000 | 19,379,000 | 18,518,000 | 37,930,000 | 28,448,000 | 28,257,000 | 27,660,000 | 42,614,000 | 40,456,000 | 44,871,000 | 41,345,000 | 48,193,000 | 42,750,000 | 34,822,000 | 24,906,000 | 20,776,000 | 16,690,000 | 13,274,000 | 12,860,000 | 18,857,000 | 16,432,000 | 12,921,000 | 12,972,000 | 18,412,000 | 13,061,000 | 4,507,000 | 4,686,000 | 15,028,000 | 7,582,000 | 3,634,000 | 3,000,000 | 10,915,000 | 4,463,000 | 4,410,000 | 7,059,000 | 9,583,000 | 5,940,000 | 3,668,000 | |||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities | 39,115,000 | 42,584,000 | 31,907,000 | 31,628,000 | 29,215,000 | 37,320,000 | 33,437,000 | 36,338,000 | 33,361,000 | 37,013,000 | 40,019,000 | 32,422,000 | 46,674,000 | 55,263,000 | 47,362,000 | 42,797,000 | 70,297,000 | 71,218,000 | 69,300,000 | 65,872,000 | 80,202,000 | 44,354,000 | 25,297,000 | 22,624,000 | 34,764,000 | 19,294,000 | 16,285,000 | 17,050,000 | 13,717,000 | 29,366,000 | 19,339,000 | 20,041,000 | 14,532,000 | 14,241,000 | 12,714,000 | 14,971,000 | 16,269,000 | 15,149,000 | 15,265,000 | 15,146,000 | 16,999,000 | 12,257,000 | 13,388,000 | 13,271,000 | 12,756,000 | 11,961,000 | 11,283,000 | 18,594,000 | 19,207,000 | 14,692,000 | 20,431,000 | 16,868,000 | 19,231,000 | 12,344,000 | 12,495,000 | 12,364,000 | 14,547,000 | 12,268,000 | 12,658,000 | 12,036,000 | 11,695,000 | |||||||||||||||||||||||||
operating lease liabilities | 63,711,000 | 64,938,000 | 66,872,000 | 69,230,000 | 70,803,000 | 72,654,000 | 75,077,000 | 76,081,000 | 78,070,000 | 79,677,000 | 79,169,000 | 79,922,000 | 81,317,000 | 82,676,000 | 83,286,000 | 85,555,000 | 86,391,000 | 88,425,000 | 89,963,000 | 91,265,000 | 92,750,000 | 93,612,000 | 93,708,000 | 94,701,000 | 96,301,000 | 97,991,000 | 92,031,000 | 89,712,000 | 90,845,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 1,097,619,000 | 776,627,000 | 623,725,000 | 574,038,000 | 530,783,000 | 400,556,000 | 446,795,000 | 557,492,000 | 608,730,000 | 722,104,000 | 546,534,000 | 454,099,000 | 506,930,000 | 526,682,000 | 541,007,000 | 566,908,000 | 683,944,000 | 489,143,000 | 556,619,000 | 516,063,000 | 557,636,000 | 376,368,000 | 347,965,000 | 185,733,000 | 177,720,000 | 184,839,000 | 160,403,000 | 150,101,000 | 143,663,000 | 87,661,000 | 67,513,000 | 60,220,000 | 52,109,000 | 66,464,000 | 51,439,000 | 45,813,000 | 48,359,000 | 60,029,000 | 50,451,000 | 40,964,000 | 41,426,000 | 48,328,000 | 42,851,000 | 39,089,000 | 34,024,000 | 45,676,000 | 36,606,000 | 33,740,000 | 28,112,000 | 41,216,000 | 46,068,000 | 34,814,000 | 30,380,000 | 37,124,000 | 32,994,000 | 27,993,000 | 25,593,000 | 37,019,000 | 33,367,000 | 28,410,000 | 22,346,000 | 34,730,000 | 31,103,000 | 25,011,000 | 20,103,000 | 30,469,000 | 25,374,000 | 16,995,000 | 14,056,000 | 21,620,000 | 19,336,000 | 18,317,000 | 20,787,000 | 23,969,000 | 22,038,000 | 17,935,000 | 14,828,000 | 18,993,000 | 16,499,000 | 11,954,000 | 10,283,000 | 18,262,000 | 14,958,000 | 10,504,000 | ||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interest | 13,520,000 | 12,592,000 | 11,733,000 | 14,715,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,241,180 shares and 41,121,305 shares issued and 35,542,208 shares and 35,776,886 shares outstanding as of march 31, 2026 and december 31, 2025, respectively | 124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 365,428,000 | 305,923,000 | 358,607,000 | 356,817,000 | 348,708,000 | 350,701,000 | 344,138,000 | 335,641,000 | 327,519,000 | 333,292,000 | 346,947,000 | 339,867,000 | 333,114,000 | 345,468,000 | 330,294,000 | 325,047,000 | 318,119,000 | 330,262,000 | 323,631,000 | 313,683,000 | 309,988,000 | 329,742,000 | 327,646,000 | 327,970,000 | 328,055,000 | 342,541,000 | 343,543,000 | 341,446,000 | 335,425,000 | 341,860,000 | 336,079,000 | 331,056,000 | 327,669,000 | 331,081,000 | 342,113,000 | 343,085,000 | 339,191,000 | 342,311,000 | 337,261,000 | 333,279,000 | 324,950,000 | 321,215,000 | 317,617,000 | 313,586,000 | 309,316,000 | 307,059,000 | 302,320,000 | 298,661,000 | 295,617,000 | 295,557,000 | 289,911,000 | 286,816,000 | 283,161,000 | 283,609,000 | 277,744,000 | 275,061,000 | 270,590,000 | 340,716,000 | 335,084,000 | 332,121,000 | 329,476,000 | 340,615,000 | 330,956,000 | 318,638,000 | 315,634,000 | 313,896,000 | 311,702,000 | 309,559,000 | 307,067,000 | 305,508,000 | 303,775,000 | 301,194,000 | 296,862,000 | 289,988,000 | 286,605,000 | 284,591,000 | 271,101,000 | 265,030,000 | 260,261,000 | 251,981,000 | 259,691,000 | 249,122,000 | 243,717,000 | 239,837,000 | 236,323,000 | 233,110,000 |
treasury stock | -752,333,000 | -694,764,000 | -451,403,000 | -407,029,000 | -370,342,000 | -333,369,000 | -316,524,000 | -302,455,000 | -269,005,000 | -260,298,000 | -327,091,000 | -327,815,000 | -327,815,000 | -328,326,000 | -320,252,000 | -320,252,000 | -271,512,000 | -232,712,000 | -187,715,000 | -183,479,000 | -170,043,000 | -169,523,000 | -168,841,000 | -164,676,000 | -158,803,000 | -153,388,000 | -196,402,000 | -193,632,000 | -190,146,000 | -184,962,000 | -178,776,000 | -172,695,000 | -166,059,000 | -159,791,000 | -153,682,000 | -141,477,000 | -129,537,000 | -107,279,000 | -98,805,000 | -94,604,000 | -90,272,000 | -84,711,000 | -79,186,000 | -57,715,000 | -46,021,000 | -35,659,000 | -32,273,000 | -32,273,000 | -32,273,000 | -32,273,000 | -32,273,000 | -29,743,000 | -28,283,000 | -28,283,000 | -25,933,000 | -18,998,000 | -18,998,000 | -18,998,000 | -70,000,000 | -63,258,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | -37,227,000 | -30,030,000 | -26,510,000 | -21,192,000 | -2,653,000 | |||||||||||
retained earnings | 1,588,852,000 | 1,538,746,000 | 1,474,752,000 | 1,434,953,000 | 1,392,279,000 | 1,405,904,000 | 1,368,661,000 | 1,325,139,000 | 1,288,247,000 | 1,244,216,000 | 1,208,607,000 | 1,180,820,000 | 1,148,093,000 | 1,101,525,000 | 1,068,662,000 | 1,035,723,000 | 995,192,000 | 956,966,000 | 929,853,000 | 896,977,000 | 854,747,000 | 799,369,000 | 749,211,000 | 704,219,000 | 643,129,000 | 591,086,000 | 560,164,000 | 525,430,000 | 496,562,000 | 463,252,000 | 433,227,000 | 410,419,000 | 385,725,000 | 353,583,000 | 332,506,000 | 310,777,000 | 285,150,000 | 255,140,000 | 231,743,000 | 210,606,000 | 187,228,000 | 168,011,000 | 150,975,000 | 135,721,000 | 118,943,000 | 101,813,000 | 86,158,000 | 74,650,000 | 62,471,000 | 51,042,000 | 32,794,000 | 19,467,000 | 4,977,000 | 26,632,000 | 17,256,000 | 8,708,000 | ||||||||||||||||||||||||||||||
accumulated other comprehensive income | -11,674,000 | -4,361,000 | -3,629,000 | 1,321,000 | -342,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,190,397,000 | 1,145,667,000 | 1,378,450,000 | 1,386,185,000 | 1,347,313,000 | 1,388,660,000 | 482,355,000 | 468,013,000 | 451,700,000 | 436,151,000 | 410,416,000 | 390,713,000 | 373,471,000 | 359,857,000 | 344,670,000 | 334,208,000 | 326,303,000 | 322,979,000 | 318,261,000 | 310,362,000 | 286,620,000 | 270,564,000 | 252,501,000 | 242,717,000 | 271,934,000 | 261,735,000 | 248,917,000 | 312,439,000 | 305,833,000 | 292,857,000 | 281,384,000 | 234,476,000 | 225,751,000 | 230,110,000 | 222,213,000 | 216,502,000 | 211,811,000 | 204,785,000 | 198,851,000 | 194,493,000 | 190,423,000 | 186,575,000 | 180,004,000 | 174,397,000 | 176,331,000 | 175,326,000 | 174,346,000 | 185,285,000 | 180,956,000 | 177,476,000 | 175,216,000 | 167,433,000 | 164,298,000 | 159,808,000 | ||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interest and stockholders’ equity | 2,301,536,000 | 1,934,886,000 | 2,013,908,000 | 1,974,938,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from broker-dealers, clearing organizations and customers | 489,211,000 | 606,667,000 | 559,120,000 | 493,613,000 | 357,728,000 | 474,989,000 | 577,992,000 | 662,888,000 | 687,936,000 | 548,081,000 | 479,741,000 | 558,254,000 | 476,335,000 | 584,654,000 | 617,817,000 | 721,127,000 | 408,346,000 | 551,841,000 | 475,739,000 | 564,957,000 | 279,915,000 | 380,853,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,121,305 shares and 41,020,421 shares issued and 35,776,886 shares and 37,646,374 shares outstanding as of december 31, 2025 and 2024, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2025 and 2024, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,107,947 shares and 41,020,421 shares issued and 37,149,529 shares and 37,646,374 shares outstanding as of september 30, 2025 and december 31, 2024, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,140,143 shares and 41,020,421 shares issued and 37,416,106 shares and 37,646,374 shares outstanding as of june 30, 2025 and december 31, 2024, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,127,475 shares and 41,020,421 shares issued and 37,571,221 shares and 37,646,374 shares outstanding as of march 31, 2025 and december 31, 2024, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2025 and december 31, 2024, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -23,455,000 | -34,699,000 | -10,144,000 | -29,227,000 | -28,651,000 | -24,370,000 | -37,608,000 | -27,903,000 | -31,983,000 | -37,697,000 | -60,087,000 | -39,839,000 | -18,381,000 | -13,330,000 | -10,593,000 | -5,444,000 | -6,582,000 | -4,650,000 | -10,599,000 | -14,151,000 | -14,620,000 | -10,270,000 | -12,804,000 | -11,458,000 | -10,817,000 | -12,394,000 | -11,523,000 | -10,292,000 | -10,226,000 | -10,150,000 | -11,278,000 | -12,570,000 | -10,145,000 | -9,049,000 | -7,279,000 | -4,969,000 | -4,859,000 | -4,523,000 | -4,580,000 | -4,430,000 | -4,287,000 | -4,083,000 | -3,931,000 | -3,565,000 | -3,483,000 | -3,093,000 | -2,817,000 | -2,417,000 | -2,213,000 | -1,882,000 | -1,692,000 | -1,693,000 | -1,999,000 | -1,651,000 | -1,102,000 | -1,134,000 | -1,439,000 | -1,391,000 | -1,102,000 | -1,219,000 | -1,362,000 | -1,320,000 | -1,721,000 | -1,420,000 | -976,000 | -884,000 | -856,000 | -847,000 | -774,000 | -733,000 | -706,000 | -639,000 | -426,000 | -478,000 | ||||||||||||
total liabilities and stockholders’ equity | 1,878,096,000 | 1,789,216,000 | 530,714,000 | 528,042,000 | 502,151,000 | 477,115,000 | 451,842,000 | 439,041,000 | 416,322,000 | 398,946,000 | 378,694,000 | 379,884,000 | 362,909,000 | 356,719,000 | 346,373,000 | 351,578,000 | 332,688,000 | 305,378,000 | 282,881,000 | 279,841,000 | 304,928,000 | 289,728,000 | 274,510,000 | 349,458,000 | 339,200,000 | 321,267,000 | 303,730,000 | 299,521,000 | 287,169,000 | 285,436,000 | 272,631,000 | 277,286,000 | 267,500,000 | 252,095,000 | 243,222,000 | 246,428,000 | 240,074,000 | 229,064,000 | 200,791,000 | 198,366,000 | 198,369,000 | 193,261,000 | 189,174,000 | 204,278,000 | 197,455,000 | 189,430,000 | 185,499,000 | 185,695,000 | 179,256,000 | 170,312,000 | ||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,020,421 shares and 40,940,769 shares issued and 37,646,374 shares and 37,899,688 shares outstanding as of december 31, 2024 and 2023, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2024 and 2023, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,034,858 shares and 40,940,769 shares issued and 37,724,684 shares and 37,899,688 shares outstanding as of september 30, 2024 and december 31, 2023, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2024 and december 31, 2023, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 1,386,254,000 | 1,329,221,000 | 1,318,233,000 | 1,292,963,000 | 1,190,978,000 | 1,165,092,000 | 1,121,532,000 | 1,081,093,000 | 1,018,740,000 | 1,000,802,000 | 1,023,541,000 | 1,041,309,000 | 1,055,299,000 | 1,021,860,000 | 988,233,000 | 955,061,000 | 897,539,000 | 853,484,000 | 797,883,000 | 770,091,000 | 694,623,000 | 661,908,000 | 631,146,000 | 607,878,000 | 578,618,000 | 557,378,000 | 537,164,000 | 514,768,000 | 510,908,000 | 501,228,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 1,833,049,000 | 1,886,713,000 | 1,926,963,000 | 2,015,067,000 | 1,737,512,000 | 1,619,191,000 | 1,628,462,000 | 1,607,775,000 | 1,559,747,000 | 1,567,710,000 | 1,707,485,000 | 1,530,452,000 | 1,611,918,000 | 1,537,923,000 | 1,545,869,000 | 1,331,429,000 | 1,245,504,000 | 1,039,217,000 | 975,603,000 | 954,930,000 | 855,026,000 | 812,009,000 | 774,809,000 | 695,539,000 | 646,131,000 | 617,598,000 | 589,273,000 | 581,232,000 | 562,347,000 | 547,041,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold, not yet purchased, at fair value | 9,167,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,032,190 shares and 40,940,769 shares issued and 37,783,610 shares and 37,899,688 shares outstanding as of june 30, 2024 and december 31, 2023, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2024 and december 31, 2023, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 41,022,506 shares and 40,940,769 shares issued and 37,938,337 shares and 37,899,688 shares outstanding as of march 31, 2024 and december 31, 2023, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2024 and december 31, 2023, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,940,769 shares and 40,918,660 shares issued and 37,899,688 shares and 37,648,148 shares outstanding as of december 31, 2023 and 2022, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and 2022, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,946,522 shares and 40,918,660 shares issued and 37,680,665 shares and 37,648,148 shares outstanding as of september 30, 2023 and december 31, 2022, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2023 and december 31, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,946,010 shares and 40,918,660 shares issued and 37,677,426 shares and 37,648,148 shares outstanding as of june 30, 2023 and december 31, 2022, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2023 and december 31, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,937,944 shares and 40,918,660 shares issued and 37,669,360 shares and 37,648,148 shares outstanding as of march 31, 2023 and december 31, 2022, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2023 and december 31, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,918,660 shares and 40,911,506 shares issued and 37,648,148 shares and 37,918,956 shares outstanding as of december 31, 2022 and 2021, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,907,433 shares and 40,911,506 shares issued and 37,636,921 shares and 37,918,956 shares outstanding as of september 30, 2022 and december 31, 2021, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2022 and december 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,910,520 shares and 40,911,506 shares issued and 37,640,008 shares and 37,918,956 shares outstanding as of june 30, 2022 and december 31, 2021, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2022 and december 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,907,961 shares and 40,911,506 shares issued and 37,816,250 shares and 37,918,956 shares outstanding as of march 31, 2022 and december 31, 2021, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2022 and december 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,911,506 shares and 40,851,100 shares issued and 37,918,956 shares and 38,005,330 shares outstanding as of december 31, 2021 and 2020, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2021 and 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,907,339 shares and 40,851,100 shares issued and 38,026,483 shares and 38,005,330 shares outstanding as of september 30, 2021 and december 31, 2020, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2021 and december 31, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,882,143 shares and 40,851,100 shares issued and 38,008,484 shares and 38,005,330 shares outstanding as of june 30, 2021 and december 31, 2020, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2021 and december 31, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,830,772 shares and 40,851,100 shares issued and 37,985,818 shares and 38,005,330 shares outstanding as of march 31, 2021 and december 31, 2020, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2021 and december 31, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,851,100 shares and 40,746,593 shares issued and 38,005,330 shares and 37,935,984 shares outstanding as of december 31, 2020 and 2019, respectively | 123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2020 and 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 52,000 | 33,000 | 58,000 | 501,000 | 3,163,000 | 1,595,000 | 1,417,000 | 3,424,000 | 2,256,000 | 1,453,000 | 830,000 | 1,737,000 | 8,457,000 | 7,370,000 | 6,829,000 | 8,562,000 | 7,399,000 | 6,057,000 | 5,197,000 | 9,229,000 | 8,238,000 | 6,061,000 | 5,142,000 | 6,972,000 | 5,252,000 | 2,617,000 | 2,915,000 | 4,947,000 | 4,312,000 | 4,511,000 | 4,639,000 | 9,442,000 | 6,702,000 | 5,822,000 | 5,684,000 | 8,089,000 | 9,589,000 | 14,296,000 | 20,241,000 | 19,813,000 | 20,338,000 | 16,576,000 | 20,628,000 | 23,980,000 | 28,988,000 | 32,051,000 | 34,212,000 | 35,666,000 | 37,103,000 | 37,343,000 | 38,960,000 | 37,207,000 | 36,558,000 | 37,671,000 | 40,326,000 | 38,901,000 | 39,042,000 | 39,596,000 | 40,252,000 | 39,804,000 | 36,829,000 | 37,322,000 | 39,406,000 | 41,410,000 | ||||||||||||||||||||||
deferred revenue | 5,092,000 | 4,068,000 | 3,950,000 | 3,499,000 | 3,731,000 | 3,810,000 | 3,545,000 | 2,810,000 | 3,785,000 | 3,595,000 | 3,554,000 | 2,660,000 | 3,191,000 | 3,076,000 | 3,190,000 | 2,515,000 | 3,006,000 | 2,606,000 | 2,602,000 | 2,312,000 | 2,215,000 | 2,650,000 | 2,725,000 | 2,465,000 | 3,271,000 | 2,950,000 | 2,722,000 | 2,713,000 | 3,106,000 | 5,437,000 | 5,398,000 | 4,864,000 | 5,064,000 | 5,126,000 | 5,229,000 | 5,326,000 | 5,037,000 | 4,443,000 | 4,679,000 | 4,571,000 | 4,878,000 | 4,279,000 | 4,428,000 | 4,262,000 | 4,425,000 | 2,091,000 | 2,230,000 | 2,303,000 | 2,568,000 | 1,763,000 | 1,745,000 | 826,000 | 1,144,000 | 650,000 | 952,000 | 857,000 | ||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,809,252 shares and 40,746,593 shares issued and 37,964,882 shares and 37,935,984 shares outstanding as of september 30, 2020 and december 31, 2019, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2020 and december 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,775,124 shares and 40,746,593 shares issued and 37,937,960 shares and 37,935,984 shares outstanding as of june 30, 2020 and december 31, 2019, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2020 and december 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,739,022 shares and 40,746,593 shares issued and 37,914,922 shares and 37,935,984 shares outstanding as of march 31, 2020 and december 31, 2019, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2020 and december 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,746,593 shares and 40,540,349 shares issued and 37,935,984 shares and 37,639,917 shares outstanding as of december 31, 2019 and 2018, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2019 and 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets, net of accumulated amortization | 62,387,000 | 62,483,000 | 62,579,000 | 62,675,000 | 62,771,000 | 62,867,000 | 62,963,000 | 63,059,000 | 63,155,000 | 63,251,000 | 63,347,000 | 63,443,000 | 63,539,000 | 63,635,000 | 63,731,000 | 64,142,000 | 64,712,000 | 65,281,000 | 65,850,000 | 66,419,000 | 66,989,000 | 67,558,000 | 68,127,000 | 68,697,000 | 69,508,000 | 71,447,000 | 72,123,000 | 33,134,000 | 33,480,000 | 33,835,000 | 34,189,000 | 34,544,000 | 34,911,000 | 35,278,000 | 35,645,000 | 36,012,000 | 36,392,000 | 36,771,000 | 37,151,000 | 37,530,000 | 37,922,000 | 38,314,000 | 38,706,000 | 39,546,000 | 38,175,000 | 39,575,000 | 40,185,000 | 3,389,000 | ||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,721,937 shares and 40,540,349 shares issued and 37,780,778 shares and 37,639,917 shares outstanding as of september 30, 2019 and december 31, 2018, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2019 and december 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,688,233 shares and 40,540,349 shares issued and 37,753,481 shares and 37,639,917 shares outstanding as of june 30, 2019 and december 31, 2018, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2019 and december 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,622,066 shares and 40,540,349 shares issued and 37,700,164 shares and 37,639,917 shares outstanding as of march 31, 2019 and december 31, 2018, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2019 and december 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,540,349 shares and 40,402,059 shares issued and 37,639,917 shares and 37,620,736 shares outstanding as of december 31, 2018 and 2017, respectively | 122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2018 and 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,466,892 shares and 40,402,059 shares issued and 37,596,566 shares and 37,620,736 shares outstanding as of september 30, 2018 and december 31, 2017, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2018 and december 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | -12,033,000 | -482,000 | -478,000 | -412,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,420,215 shares and 40,402,059 shares issued and 37,578,970 shares and 37,620,736 shares outstanding as of june 30, 2018 and december 31, 2017, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2018 and december 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,423,765 shares and 40,402,059 shares issued and 37,614,420 shares and 37,620,736 shares outstanding as of march 31, 2018 and december 31, 2017, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2018 and december 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,402,059 shares and 40,106,360 shares issued and 37,620,736 shares and 37,543,775 shares outstanding as of december 31, 2017 and 2016, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2017 and 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,296,774 shares and 40,106,360 shares issued and 37,547,951 shares and 37,543,775 shares outstanding as of september 30, 2017 and december 31, 2016, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2017 and december 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,242,102 shares and 40,106,360 shares issued and 37,554,123 shares and 37,543,775 shares outstanding as of june 30, 2017 and december 31, 2016, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2017 and december 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,168,572 shares and 40,106,360 shares issued and 37,543,170 shares and 37,543,775 shares outstanding as of march 31, 2017 and december 31, 2016, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2017 and december 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,106,360 shares and 39,821,519 shares issued and 37,543,775 shares and 37,409,274 shares outstanding as of december 31, 2016 and december 31, 2015, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2016 and december 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,093,981 shares and 39,821,519 shares issued and 37,594,196 shares and 37,409,274 shares outstanding as of september 30, 2016 and december 31, 2015, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2016 and december 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 40,087,466 shares and 39,821,519 shares issued and 37,636,794 shares and 37,409,274 shares outstanding as of june 30, 2016 and december 31, 2015, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2016 and december 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,990,272 shares and 39,821,519 shares issued and 37,571,415 shares and 37,409,274 shares outstanding as of march 31, 2016 and december 31, 2015, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2016 and december 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale, at fair value | 84,706,000 | 95,516,000 | 67,517,000 | 62,195,000 | 64,863,000 | 57,021,000 | 65,742,000 | 63,483,000 | 67,742,000 | 58,437,000 | 14,479,000 | 17,059,000 | 54,181,000 | 58,592,000 | 80,200,000 | 75,696,000 | 79,663,000 | 74,218,000 | 74,087,000 | 63,142,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,821,519 shares and 39,460,066 shares issued and 37,409,274 shares and 37,318,722 shares outstanding as of december 31, 2015 and december 31, 2014, respectively | 121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2015 and december 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,687,461 shares and 39,460,066 shares issued and 37,307,916 shares and 37,318,722 shares outstanding as of september 30, 2015 and december 31, 2014, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2015 and december 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,630,201 shares and 39,460,066 shares issued and 37,308,457 shares and 37,318,722 shares outstanding as of june 30, 2015 and december 31, 2014, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2015 and december 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,597,228 shares and 39,460,066 shares issued and 37,339,484 shares and 37,318,722 shares outstanding as of march 31, 2015 and december 31, 2014, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2015 and december 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,460,066 shares and 39,224,016 shares issued and 37,318,722 shares and 37,728,857 shares outstanding as of december 31, 2014 and december 31, 2013, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2014 and december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,378,759 shares and 39,224,016 shares issued and 37,429,415 shares and 37,728,857 shares outstanding as of september 30, 2014 and december 31, 2013, respectively | 120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2014 and december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,306,981 shares and 39,224,016 shares issued and 37,569,035 shares and 37,728,857 shares outstanding as of june 30, 2014 and december 31, 2013, respectively | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2014 and december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,320,842 shares and 39,224,016 shares issued and 37,771,683 shares and 37,728,857 shares outstanding as of march 31, 2014 and december 31, 2013, respectively | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2014 and december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,224,016 shares and 38,902,294 shares issued and 37,728,857 shares and 37,407,135 shares outstanding as of december 31, 2013 and december 31, 2012, respectively | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of december 31, 2013 and december 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets from discontinued operations | 6,386,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities from discontinued operations | 3,302,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,121,110 shares and 38,902,294 shares issued and 37,625,951 shares and 37,407,135 shares outstanding as of september 30, 2013 and december 31, 2012, respectively | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of september 30, 2013 and december 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,057,125 shares and 38,902,294 shares issued and 37,561,966 shares and 37,407,135 shares outstanding as of june 30, 2013 and december 31, 2012, respectively | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of june 30, 2013 and december 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 39,001,403 shares and 38,902,294 shares issued and 37,506,244 shares and 37,407,135 shares outstanding as of march 31, 2013 and december 31, 2012, respectively | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares issued and outstanding as of march 31, 2013 and december 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale | 51,208,000 | 60,086,000 | 78,110,000 | 72,552,000 | 70,997,000 | 56,194,000 | 56,238,000 | 27,605,000 | 35,227,000 | 18,036,000 | 22,122,000 | 34,290,000 | 51,579,000 | 53,449,000 | 56,543,000 | 44,438,000 | 49,015,000 | 58,208,000 | 64,896,000 | 60,066,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized software, furniture, equipment and leasehold improvements, net of accumulated depreciation and amortization | 18,009,000 | 14,875,000 | 14,460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 38,902,294 shares and 37,725,394 shares issued and 37,407,135 shares and 36,183,655 shares outstanding as of december 31, 2012 and 2011, respectively | 118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares and 2,585,654 shares issued and outstanding as of december 31, 2012 and 2011, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -5,644,000 | -584,000 | -8,680,000 | -18,692,000 | -27,213,000 | -34,605,000 | -40,961,000 | -46,914,000 | -51,383,000 | -55,403,000 | -58,189,000 | -62,829,000 | -66,016,000 | -68,855,000 | -70,791,000 | -72,310,000 | -75,158,000 | -76,754,000 | -78,662,000 | -81,072,000 | -84,624,000 | -87,074,000 | -89,312,000 | -90,609,000 | -91,409,000 | -92,495,000 | -94,585,000 | -95,756,000 | -96,521,000 | -99,578,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 38,703,481 shares and 37,725,394 shares issued and 37,293,525 shares and 36,183,655 shares outstanding as of september 30, 2012 and december 31, 2011, respectively | 118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares and 2,585,654 shares issued and outstanding as of september 30, 2012 and december 31, 2011, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 38,630,396 shares and 37,725,394 shares issued and 37,269,685 shares and 36,183,655 shares outstanding as of june 30, 2012 and december 31, 2011, respectively | 118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares and 2,585,654 shares issued and outstanding as of june 30, 2012 and december 31, 2011, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 37,859,623 shares and 37,725,394 shares issued and 36,498,912 shares and 36,183,655 shares outstanding as of march 31, 2012 and december 31, 2011, respectively | 115,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, no shares and 2,585,654 shares issued and outstanding as of march 31, 2012 and december 31, 2011, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b preferred stock, 0.001 par value... | 30,315,000 | 30,315,000 | 30,315,000 | 30,315,000 | 30,315,000 | 30,315,000 | 30,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 37,725,394 shares and 35,945,001 shares issued and 36,183,655 shares and 31,141,261 shares outstanding as of december 31, 2011 and 2010, respectively | 113,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of december 31, 2011 and 2010 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 36,882,267 shares and 35,945,001 shares issued and 35,578,526 shares and 31,141,261 shares outstanding as of september 30, 2011 and december 31, 2010, respectively | 110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of september 30, 2011 and december 31, 2010 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 36,728,696 shares and 35,945,001 shares issued and 35,424,955 shares and 31,141,261 shares outstanding as of june 30, 2011 and december 31, 2010, respectively | 110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of june 30, 2011 and december 31, 2010 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 36,585,440 shares and 35,945,001 shares issued and 35,281,699 shares and 31,141,261 shares outstanding as of march 31, 2011 and december 31, 2010, respectively | 109,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of march 31, 2011 and december 31, 2010 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities and cash provided as collateral | 4,939,000 | 4,943,000 | 4,894,000 | 4,914,000 | 4,971,000 | 4,556,000 | 4,570,000 | 4,306,000 | 4,316,000 | 4,416,000 | 4,474,000 | 4,480,000 | 4,455,000 | 3,766,000 | 3,727,000 | 3,765,000 | 3,798,000 | 3,757,000 | 3,799,000 | 3,764,000 | 3,799,000 | 3,773,000 | 3,798,000 | 3,779,000 | 3,799,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 829 and 3,431, respectively, net of allowance of 427 and 859 as of december 31, 2010 and 2009, respectively | 25,682,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
furniture, equipment and leasehold improvements, net of accumulated depreciation and amortization | 9,448,000 | 9,595,000 | 9,386,000 | 9,117,000 | 4,010,000 | 3,897,000 | 4,002,000 | 3,369,000 | 3,579,000 | 2,822,000 | 2,974,000 | 2,931,000 | 3,251,000 | 3,473,000 | 3,896,000 | 4,304,000 | 4,635,000 | 4,931,000 | 4,855,000 | 4,643,000 | 4,345,000 | 4,680,000 | 4,956,000 | 5,079,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of accumulated amortization | 3,097,000 | 3,027,000 | 3,053,000 | 3,271,000 | 3,420,000 | 3,665,000 | 3,972,000 | 4,065,000 | 4,521,000 | 4,907,000 | 5,285,000 | 5,520,000 | 5,759,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 66 and 29 as of december 31, 2010 and 2009, respectively | 12,368,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 35,945,001 shares and 34,654,957 shares issued and 31,141,261 shares and 31,790,837 shares outstanding as of december 31, 2010 and 2009, respectively | 108,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of december 31, 2010 and 2009 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable for common stock subscribed | -595,000 | -713,000 | -713,000 | -713,000 | -839,000 | -951,000 | -951,000 | -951,000 | -999,000 | -834,000 | -834,000 | -834,000 | -944,000 | -1,042,000 | -1,042,000 | -1,042,000 | -1,042,000 | -1,042,000 | -1,042,000 | -1,043,000 | -1,042,000 | -1,042,000 | -1,042,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 2,840 and 3,431, respectively, net of allowance of 663 and 859 as of september 30, 2010 and december 31, 2009, respectively | 27,320,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities, including payables to related parties of 68 and 29 as of september 30, 2010 and december 31, 2009, respectively | 12,674,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 35,597,220 shares and 34,654,957 shares issued as of september 30, 2010 and december 31, 2009, respectively | 107,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of september 30, 2010 and december 31, 2009 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 2,816 and 3,431, respectively, net of allowance of 769 and 859 as of june 30, 2010 and december 31, 2009, respectively | 24,091,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities, including payables to related parties of 58 and 29 as of june 30, 2010 and december 31, 2009, respectively | 12,224,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 35,364,234 shares and 34,654,957 shares issued as of june 30, 2010 and december 31, 2009, respectively | 106,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of june 30, 2010 and december 31, 2009 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 3,038 and 3,431, respectively, net of allowance of 903 and 859 as of march 31, 2010 and december 31, 2009, respectively | 26,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities, including payables to related parties of 32 and 29 as of march 31, 2010 and december 31, 2009, respectively | 11,338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 35,159,785 shares and 34,654,957 shares issued as of march 31, 2010 and december 31, 2009, respectively | 105,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of march 31, 2010 and december 31, 2009 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 3,431 and 1,930, respectively, net of allowance of 859 and 1,012 as of december 31, 2009 and 2008, respectively | 23,150,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
furniture, equipment and leasehold improvements, net of accumulated depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and amortization | 6,856,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 29 and 11 as of december 31, 2009 and 2008, respectively | 11,050,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding as of december 31, 2009 and 2008, liquidation preference of 1,000 per share | 30,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 34,654,957 shares and 33,971,309 shares issued as of december 31, 2009 and 2008, respectively | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of december 31, 2009 and 2008 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 2,549 and 1,930, respectively, net of allowance of 1,093 and 1,012 as of september 30, 2009 and december 31, 2008, respectively | 23,653,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities, including payables to related parties of 20 and 11 as of september 30, 2009 and december 31, 2008, respectively | 10,735,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 34,649,233 shares and 33,971,309 shares issued as of september 30, 2009 and december 31, 2008, respectively | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of september 30, 2009 and december 31, 2008 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 3,377 and 1,930, respectively, net of allowance of 1,353 and 1,012 as of june 30, 2009 and december 31, 2008, respectively | 21,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities, including payables to related parties of 12 and 11 as of june 30, 2009 and december 31, 2008, respectively | 8,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized, 34,613,947 shares and 33,971,309 shares issued as of june 30, 2009 and december 31, 2008, respectively | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized, 2,585,654 shares issued and outstanding as of june 30, 2009 and december 31, 2008 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 2,671 and 1,930, respectively, net of allowance of 1,015 and 1,012 as of march 31, 2009 and december 31, 2008, respectively | 17,917,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other liabilities, including payables to related parties of 11 and 11 as of march 31, 2009 and december 31, 2008, respectively | 8,873,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of march 31, 2009 and december 31, 2008; 34,573,124 shares and 33,971,309 shares issued as of march 31, 2009 and december 31, 2008, respectively | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized and 2,585,654 shares issued and outstanding as of march 31, 2009 and december 31, 2008 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 1,930 and 6,290, respectively, net of allowance of 1,012 and 912 as of december 31, 2008 and 2007, respectively | 13,283,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 11 and 177 as of december 31, 2008 and 2007, respectively | 8,878,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b preferred stock, .001 par value... | 30,315,000 | 30,315,000 | 24,172,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of december 31, 2008 and 2007; 33,971,309 shares and 33,082,371 shares issued as of december 31, 2008 and 2007, respectively | 102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 shares authorized and 2,585,654 shares issued and outstanding as of december 31, 2008 and 2007 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 3,804 and 6,290, respectively, net of allowance of 899 and 912 as of september 30, 2008 and december 31, 2007, respectively | 16,754,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 32 and 177 as of september 30, 2008 and december 31, 2007, respectively | 8,126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of september 30, 2008 and december 31, 2007; 33,946,269 shares and 33,082,371 shares issued as of september 30, 2008 and december 31, 2007, respectively | 102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized and 2,585,654 shares issued and outstanding as of september 30, 2008 and december 31, 2007 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 3,721 and 6,290, respectively, net of allowance of 1,069 and 912 as of june 30, 2008 and december 31, 2007, respectively | 18,439,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 10 and 177 as of june 30, 2008 and december 31, 2007, respectively | 10,603,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of june 30, 2008 and december 31, 2007; 33,852,500 shares and 33,082,371 shares issued as of june 30, 2008 and december 31, 2007, respectively | 101,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized and 2,585,654 shares issued and outstanding as of june 30, 2008 and december 31, 2007 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 2,888 and 6,290, respectively, net of allowance of 969 and 912 as of march 31, 2008 and december 31, 2007, respectively | 17,477,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 0 and 177 as of march 31, 2008 and december 31, 2007, respectively | 15,589,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of march 31, 2008 and december 31, 2007; 33,843,837 shares and 33,082,371 shares issued as of march 31, 2008 and december 31, 2007, respectively | 101,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized as of march 31, 2008 and december 31, 2007; 2,585,654 shares issued and outstanding as of march 31, 2008 and december 31, 2007 | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 6,290 and 8,579, respectively, net of allowance of 912 and 752 as of december 31, 2007 and 2006, respectively | 18,397,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 177 and 110 as of december 31, 2007 and 2006, respectively | 8,832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of december 31, 2007 and 2006; 33,082,371 shares and 29,409,537 shares issued as of december 31, 2007 and 2006, respectively | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized as of december 31, 2007 and 2006; 2,585,654 shares and 3,125,379 shares issued and outstanding as of december 31, 2007 and 2006, respectively | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 0 and 2,379,396 authorized, issued and outstanding as of december 31, 2007 and 2006, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 6,411 and 8,579, respectively, net of allowance of 827 and 752 as of september 30, 2007 and december 31, 2006, respectively | 19,682,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs, net of amortization | 5,991,000 | 6,027,000 | 6,357,000 | 6,610,000 | 6,315,000 | 6,623,000 | 6,742,000 | 6,199,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 118 and 110 as of september 30, 2007 and december 31, 2006, respectively | 9,423,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of september 30, 2007 and december 31, 2006; 33,010,307 shares and 29,409,537 shares issued as of september 30, 2007 and december 31, 2006, respectively | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized as of september 30, 2007 and december 31, 2006; 2,585,654 shares and 3,125,379 shares issued and outstanding as of september 30, 2007 and december 31, 2006, respectively | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 0 and 2,379,396 authorized, issued and outstanding as of september 30, 2007 and december 31, 2006, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 6,451 and 8,579, respectively, net of allowance of 706 and 752 as of june 30, 2007 and december 31, 2006, respectively | 19,007,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to related parties of 75 and 110 as of june 30, 2007 and december 31, 2006, respectively | 8,757,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of june 30, 2007 and december 31, 2006; 32,914,318 shares and 29,409,537 shares issued as of june 30, 2007 and december 31, 2006, respectively | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized as of june 30, 2007 and december 31, 2006; 2,585,654 shares and 3,125,379 shares issued and outstanding as of june 30, 2007 and december 31, 2006, respectively | 9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 0 and 2,379,396 authorized, issued and outstanding as of june 30, 2007 and december 31, 2006, respectively | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 6,688 and 8,579, respectively, net of allowance of 681 and 752 as of march 31, 2007 and december 31, 2006, respectively | 19,998,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 59 and 110 as of march 31, 2007 and december 31, 2006, respectively | 8,464,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of march 31, 2007 and december 31, 2006; 29,969,460 shares and 29,409,537 shares issued as of march 31, 2007 and december 31, 2006, respectively | 90,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non-voting, 0.003 par value, 10,000,000 authorized as of march 31, 2007 and december 31, 2006; 3,125,379 shares issued and outstanding as of march 31, 2007 and december 31, 2006 | 11,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 2,198,391 and 2,379,396 authorized, issued and outstanding as of march 31, 2007 and december 31, 2006, respectively | 10,776,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 8,579 and 6,751, respectively, net of allowance of 752 and 438 as of december 31, 2006 and 2005, respectively | 17,429,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 110 and 88 as of december 31, 2006 and 2005, respectively | 5,514,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of december 31, 2006 and 2005, 29,409,537 shares issued as of december 31, 2006 and 25,305,951 shares issued and outstanding as of december 31, 2005 | 88,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non voting, 0.003 par value, 10,000,000 authorized as of december 31, 2006 and 2005, 3,125,379 shares issued and outstanding as of december 31, 2006 and 4,401,330 shares issued and outstanding as of december 31, 2005 | 11,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 2,379,396 issued and outstanding as of december 31, 2006 and 3,674,400 issued and outstanding as of december 31, 2005 | 11,658,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned compensation | -9,383,000 | -2,021,000 | -2,306,000 | -2,460,000 | -2,603,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | 1,204,000 | 1,196,000 | 1,591,000 | 2,871,000 | 5,288,000 | 4,867,000 | 3,148,000 | 2,801,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 205,000 | 205,000 | 205,000 | 205,000 | 205,000 | 204,000 | 205,000 | 205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred license revenue | 347,000 | 465,000 | 652,000 | 926,000 | 1,339,000 | 1,586,000 | 2,003,000 | 2,804,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 245 and 88 as of september 30, 2006 and december 31, 2005, respectively | 7,401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of september 30, 2006 and december 31, 2005, 29,156,732 shares issued and outstanding as of september 30, 2006 and 25,305,951 shares issued and outstanding as of december 31, 2005 | 86,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non voting, 0.003 par value, 10,000,000 authorized as of september 30, 2006 and december 31, 2005, 3,125,379 shares issued and outstanding as of september 30, 2006 and 4,401,330 issued and outstanding as of december 31, 2005 | 11,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 2,379,199 authorized and outstanding as of september 30, 2006 and 3,674,400 authorized and outstanding as of december 31, 2005 | 11,658,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 39 and 88 as of june 30, 2006 and december 31, 2005, respectively | 5,738,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of june 30, 2006 and december 31, 2005, 26,697,829 shares issued and outstanding in 2006 and 25,305,951 shares issued and outstanding in 2005 | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non voting, 0.003 par value, 10,000,000 authorized as of june 30, 2006 and december 31, 2005, 3,976,013 shares issued and outstanding in 2006 and 4,401,330 issued and outstanding in 2005 | 12,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 3,674,400 authorized and outstanding in 2006 and 2005 | 17,693,000 | 17,693,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 85 and 88 as of march 31, 2006 and december 31, 2005, respectively | 6,795,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized as of march 31, 2006 and december 31, 2005, 26,171,809 shares issued and outstanding in 2006 and 25,305,951 shares issued and outstanding in 2005 | 79,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non voting, 0.003 par value, 10,000,000 authorized as of march 31, 2006 and december 31, 2005 and 4,401,330 issued and outstanding in 2006 and 2005 | 13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at market value | 5,797,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities-available-for-sale | 59,956,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, including receivables from related parties of 6,751 and 7,225, respectively, net of allowance of 438 and 270 as of december 31, 2005 and 2004 | 14,796,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale | 55,437,000 | 65,163,000 | 27,885,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held-to-maturity | 1,998,000 | 3,975,000 | 13,940,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software development costs | 6,082,000 | 5,590,000 | 5,397,000 | 5,587,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 0 and 530 as of september 30, 2005 and december 31, 2004, respectively | 8,030,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized in 2005 and 2004, 24,436,775 shares issued and outstanding in 2005 and 22,846,579 shares issued and outstanding in 2004 | 73,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock non voting, 0.003 par value, 10,000,000 authorized in 2005 and 2004 and 4,401,330 issued and outstanding in 2005 and 2004 | 13,000 | 13,000 | 13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 4,469,899 authorized and outstanding in 2005 and 5,007,969 authorized and outstanding in 2004 | 22,042,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 0 and 530 as of june 30, 2005 and december 31, 2004, respectively | 7,442,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized in 2005 and 2004, 23,559,473 shares issued and outstanding in 2005 and 22,846,579 shares issued and outstanding in 2004 | 71,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants, 5,007,969 authorized, issued and outstanding in 2005 and 2004 | 24,047,000 | 24,047,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other liabilities, including payables to a related party of 0 and 530 as of march 31, 2005 and december 31, 2004, respectively | 5,379,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock voting, 0.003 par value, 110,000,000 shares authorized in 2005 and 2004, 23,032,141 shares issued and outstanding in 2005 and 22,846,579 shares issued and outstanding in 2004 | 69,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock, and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued dividends on redeemable convertible preferred stock |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 78,107,000 | 92,394,000 | 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: | 1,911,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 19,210,000 | 19,606,000 | 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 | 1,934,000 | 1,979,000 | 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 | 9,153,000 | 7,201,000 | 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 | 211,000 | 5,860,000 | 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 | -1,612,000 | 661,000 | -1,159,000 | 2,389,000 | 1,691,000 | -4,519,000 | 4,575,000 | 1,033,000 | 187,000 | 3,131,000 | -2,345,000 | 2,233,000 | 1,699,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 4,523,000 | -1,332,000 | 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 | -28,800,000 | 8,768,000 | 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) in receivables from broker-dealers, clearing organizations and customers | -479,333,000 | -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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other assets | -2,629,000 | -3,539,000 | 1,532,000 | -2,744,000 | 5,570,000 | -2,194,000 | -1,323,000 | 3,163,000 | -2,445,000 | 4,129,000 | 2,709,000 | -7,706,000 | 3,082,000 | -5,603,000 | -2,415,000 | 8,539,000 | 5,264,000 | 852,000 | 1,313,000 | 76,000 | 1,665,000 | 2,445,000 | -393,000 | 461,000 | 119,000 | -130,000 | -662,000 | 252,000 | -45,000 | 591,000 | -1,035,000 | 606,000 | 246,000 | -38,000 | -818,000 | 141,000 | 640,000 | 118,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease in mutual funds held in rabbi trust | 740,000 | 837,000 | -897,000 | 818,000 | -526,000 | 1,003,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in accrued employee compensation | -34,854,000 | 12,036,000 | 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 in payables to broker-dealers, clearing organizations and customers | 376,039,000 | -39,960,000 | 39,164,000 | 3,693,000 | 96,275,000 | -56,511,000 | -71,135,000 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in income and other tax liabilities | -13,968,000 | -58,707,000 | -9,189,000 | 14,111,000 | 77,295,000 | -4,001,000 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in accounts payable, accrued expenses and other liabilities | -1,749,000 | -7,146,000 | -8,385,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in operating lease liabilities | -2,301,000 | -2,354,000 | -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 | -75,329,000 | 158,632,000 | 90,164,000 | 103,714,000 | 29,629,000 | 176,248,000 | 95,089,000 | 118,849,000 | -4,949,000 | 141,685,000 | 79,161,000 | 105,394,000 | 7,527,000 | 134,226,000 | 85,098,000 | 93,637,000 | -23,730,000 | 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 | 8,217,000 | -2,330,000 | 9,785,000 | 8,928,000 | 10,829,000 | -1,908,000 | 6,790,000 | 10,031,000 | 14,059,000 | -1,760,000 | 9,022,000 | 7,467,000 | 5,431,000 | -4,819,000 | 7,784,000 | 5,769,000 | 7,282,000 | -3,927,000 |
capital expenditures | -259,000 | -3,572,000 | -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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | -75,588,000 | 155,060,000 | 88,668,000 | 102,508,000 | 27,699,000 | 176,033,000 | 94,254,000 | 111,154,000 | -6,146,000 | 139,614,000 | 73,178,000 | 104,339,000 | 7,310,000 | 127,726,000 | 81,137,000 | 92,352,000 | -25,126,000 | 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 | 7,776,000 | -2,815,000 | 9,423,000 | 8,282,000 | 10,481,000 | -2,229,000 | 6,394,000 | 9,551,000 | 13,750,000 | -2,108,000 | 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 | 4,274,000 | 2,150,000 | 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 | 0 | 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 | -6,190,000 | -3,737,000 | 0 | -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 | 0 | 0 | -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 | 0 | -38,077,000 | -10,987,000 | -8,111,000 | -12,242,000 | 0 | -11,177,000 | -10,167,000 | 0 | -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 | ||||||||||||||||||||||
purchases of furniture, equipment and leasehold improvements | -259,000 | -3,572,000 | -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 | -17,089,000 | -11,775,000 | -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 from investing activities | -19,264,000 | -16,934,000 | -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 | -18,121,000 | -12,509,000 | -44,821,000 | -10,821,000 | -11,399,000 | -12,949,000 | -31,014,000 | -12,332,000 | -34,252,000 | 90,188,000 | -11,626,000 | 24,557,000 | -106,761,000 | -4,554,000 | -21,298,000 | 10,562,000 | -12,729,000 | -13,570,000 | -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 | 215,000 | -2,777,000 | 2,648,000 | -8,662,000 | -19,000 | -984,000 | -11,506,000 | 4,789,000 | -19,331,000 | -685,000 | -29,627,000 | 5,478,000 | -17,260,000 | 2,973,000 | 4,817,000 | -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 | |||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends on common stock | -28,398,000 | -28,048,000 | -29,446,000 | -28,241,000 | -29,464,000 | -27,698,000 | -27,703,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
withholding tax payments on full value awards vesting and stock option exercises | -8,517,000 | -394,000 | -6,915,000 | -321,000 | -9,525,000 | -931,000 | -164,000 | -206,000 | -14,893,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | -300,000,000 | -45,251,000 | -36,687,000 | -38,077,000 | -16,845,000 | -15,032,000 | -33,450,000 | -10,147,000 | 0 | 0 | -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 borrowings | 126,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of borrowings | -118,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -28,665,000 | -108,442,000 | -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 | -34,173,000 | -49,822,000 | -32,041,000 | -27,527,000 | -22,305,000 | -36,227,000 | -29,445,000 | -28,880,000 | -23,750,000 | -31,705,000 | -16,460,000 | -3,459,000 | -7,927,000 | -50,595,000 | -5,115,000 | -1,747,000 | -78,718,000 | -6,678,000 | -2,437,000 | -1,648,000 | -436,000 | -5,938,000 | -22,766,000 | -1,947,000 | -3,198,000 | -2,628,000 | 57,000 | 431,000 | -506,000 | -41,000 | 6,988,000 | 26,775,000 | -3,411,000 | -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 | |||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | -4,357,000 | -179,000 | -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 increase for the period | -127,615,000 | 100,454,000 | 22,776,000 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||
beginning of period | 675,851,000 | 0 | 0 | 0 | 700,459,000 | 0 | 0 | 0 | 611,672,000 | 0 | 0 | 0 | 572,664,000 | 0 | 0 | 0 | 625,567,000 | 0 | 0 | 0 | 608,050,000 | 0 | 0 | 0 | 274,253,000 | 0 | 0 | 0 | 247,458,000 | 1,136,000 | 0 | 0 | 167,014,000 | 0 | 0 | 0 | 168,243,000 | 0 | 0 | 0 | 199,728,000 | 0 | 0 | 0 | 168,924,000 | 0 | 0 | 0 | 132,691,000 | 169,620,000 | 0 | 0 | 0 | 0 | 58,189,000 | 0 | 0 | 97,652,000 | |||||||||||||||||||||||||||
end of period | 548,236,000 | 33,077,000 | -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 in receivables from broker-dealers, clearing organizations and customers | 103,698,000 | -67,061,000 | -30,167,000 | -129,508,000 | 111,571,000 | 121,185,000 | 65,600,000 | 21,735,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in trading investments | 8,000 | 264,000 | -100,000 | 255,000 | -24,771,000 | -49,972,000 | -5,000 | 0 | -11,064,000 | 5,495,000 | 6,880,000 | 56,394,000 | 4,416,000 | -9,225,000 | 2,839,000 | 6,015,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in mutual funds held in rabbi trust | -244,000 | 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued expenses and other liabilities | 262,000 | 2,271,000 | -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 | |||||||||||||||||||||||||||||
acquisition, net of cash acquired | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 567,000 | 444,000 | 0 | 1,977,000 | 215,000 | 0 | 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 | |||||||||||||||||||||||||||||||||
payment of contingent consideration | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term borrowings | 0 | 244,925,000 | 70,000,000 | 3,995,000 | 0 | 50,000,000 | 0 | 0 | 0 | 100,000,000 | 0 | 0 | 1,046,000 | 69,302,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term borrowings | 0 | -244,925,000 | -73,995,000 | 0 | 0 | -50,000,000 | 0 | 0 | 0 | -100,000,000 | 0 | -1,046,000 | -34,302,000 | -35,000,000 | -100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities sold, not yet purchased | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in trading investments | 0 | -419,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued employee compensation | 10,673,000 | 11,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash and cash equivalents acquired | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of equity method investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 1,735,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 0 | -5,001,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
non-cash activity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency transaction gains | 4,812,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable | 8,875,000 | 3,778,000 | -6,291,000 | -1,136,000 | 2,260,000 | -168,000 | -262,000 | 2,777,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed in connection with acquisition: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of assets acquired | 46,000 | 0 | 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 | 0 | -450,000 | 7,368,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration payable assumed in connection with acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration payable assumed in connection with acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of business | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) financing activities | -27,741,000 | -20,551,000 | -17,792,000 | -8,902,000 | -10,685,000 | -17,241,000 | -11,916,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets acquired in exchange for contingent consideration payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in trading investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | -533,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the year for income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed in connection with the liquidityedge acquisition: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in corporate debt trading investments | 3,054,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) investing activities | -7,572,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | -709,000 | -37,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash proceeds from the sale of discontinued operations, net of cash sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales | 0 | 0 | 0 | 30,900,000 | 10,086,000 | 0 | 0 | 13,577,000 | 18,500,000 | 11,305,000 | 12,200,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed in connection with the xtrakter acquisition: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for the capital stock | 0 | 0 | -709,000 | -37,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other assets | -541,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in ) investing activities | -1,048,000 | 6,065,000 | -7,080,000 | -449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in ) provided by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of common stock non-voting to common stock voting | 0 | 0 | 0 | 15,880,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: cash classified within assets from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
end of period cash from continuing operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease 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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning of year | 0 | 0 | 128,908,000 | 0 | 0 | 0 | 124,994,000 | 0 | 0 | 103,341,000 | 0 | 0 | 107,323,000 | 0 | 0 | 72,711,000 | 82,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
end of period cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for bad debts | 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in prepaid expenses and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 0 | -2,773,000 | -7,197,000 | -3,520,000 | -5,318,000 | -18,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
converion of series b preferred stock to common stock | 0 | 30,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligation | 0 | 0 | 0 | 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 | 0 | 88,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of business acquired: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of series b preferred stock and common stock purchase warrants | 0 | 6,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock in connection with business acquisition | 0 | 0 | 0 | 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: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable, including (increase) decrease 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 | 0 | 0 | 0 | -1,368,000 | 0 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable, including an decrease 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease 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 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 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 | 0 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease 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 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease 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 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 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 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 (3) 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses | -8,000 | 395,000 | 1,280,000 | 95,000 | -215,000 | -347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(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) 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 |