Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The following table shows selected financial data of the Company that should be read together with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements and corresponding notes included in Items 7 and 8, respectively, of this Form 10-K:



	Year Ended December 31,
	2015		2014			2013			2012			2011
			(In thousands, except per share amounts)
Income Statement Data:
Total operating revenues	$	634,545	$	617,225		$	572,050		$	512,338		$	508,144
Total operating expenses	314,617		303,424			286,236			268,241			266,512
Operating income	319,928		313,801			285,814			244,097			241,632
Total other income/(expense)	4,096		(4,104		)	(2,158		)	(1,546		)	(1,548		)
Income before income taxes	324,024		309,697			283,656			242,551			240,084
Income tax provision	119,001		119,983			107,657			85,156			100,678
Net income	$	205,023	$	189,714		$	175,999		$	157,395		$	139,406
Net income allocated to common stockholders	$	204,125	$	188,392		$	173,863		$	155,254		$	136,582
Net income per share allocated to common stockholders
Basic	$	2.46	$	2.21		$	1.99		$	1.78		$	1.52
Diluted	2.46		2.21			1.99			1.78			1.52
Cash dividends declared per share (1) (2)	0.88		0.78			1.16			1.29			0.44
Balance Sheet Data:
Total assets	$	384,788	$	383,901		$	441,589		$	338,858		$	327,868
Total liabilities	125,143		133,834			157,072			99,736			91,598
Total stockholders' equity	259,645		250,067			284,517			239,122			236,270
Average daily volume by product (3)
Equities	1,559		1,939			1,721			1,977			2,048
Indexes	1,620		1,613			1,479			1,217			1,271
Exchange-traded products	1,274		1,507			1,353			1,247			1,462
Total options average daily volume	4,453		5,059			4,553			4,441			4,781
Futures	205		201			159			96			48
Total average daily volume	4,658		5,260			4,712			4,537			4.829


(1)	On December 11, 2012, the Company's board of directors declared a special cash dividend of $0.75 per share. This was in addition to the quarterly cash dividends which aggregated $0.54 per share for the year ended December 31, 2012.


(2)	On December 10, 2013, the Company's board of directors declared a special cash dividend of $0.50 per share. This was in addition to the quarterly cash dividends which aggregated $0.66 per share for the year ended December 31, 2013.


(3)	Average daily volume equals the total contracts traded during the period divided by the number of trading days in the period.

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