BGC Partners, Inc(NASDAQ:BGCP) 
BGC Partners, Inc. operates as a brokerage and financial technology company in the United States, Canada, Europe, the United Kingdom, Latin America, Asia, Africa, the Middle East, and internationally. It offers various brokerage products, such as fixed income, such as government bonds, corporate bon...
Website: http://www.bgcpartners.com
Full Time Employees: 5,200
Sector: Financial Services
Industry: Capital Markets
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income 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 | 2020-09-30 | 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 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-06-30 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 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 | 2011-03-31 | 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 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-06-30 | 2003-12-31 | 2003-09-30 | 2003-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commissions | 752,935,000 | 590,187,000 | 573,159,000 | 599,496,000 | 494,711,000 | 431,469,000 | 407,095,000 | 395,081,000 | 415,172,000 | 388,211,000 | 350,305,000 | 348,720,000 | 377,288,000 | 315,658,000 | 299,430,000 | 309,542,000 | 356,664,000 | 349,896,000 | 367,016,000 | 389,768,000 | 435,220,000 | 352,027,000 | 382,640,000 | 455,855,000 | 386,247,000 | 409,082,000 | 420,969,000 | 429,520,000 | -487,851,000 | 671,318,000 | 658,320,000 | 580,033,000 | 547,126,000 | 524,287,000 | 496,265,000 | 498,588,000 | 475,087,000 | 487,810,000 | 331,466,000 | 291,666,000 | 303,598,000 | 283,293,000 | 324,832,000 | 298,704,000 | 292,367,000 | 303,124,000 | 308,030,000 | 272,488,000 | 250,921,000 | 261,496,000 | 244,714,000 | 206,275,000 | 208,918,000 | 213,863,000 | 222,033,000 | 182,014,000 | 175,219,000 | 164,305,000 | 172,280,000 | 179,144,000 | 225,482,000 | 212,541,000 | ||||||||||||||||||
principal transactions | 142,892,000 | 104,398,000 | 99,951,000 | 120,403,000 | 116,078,000 | 84,590,000 | 93,551,000 | 98,439,000 | 112,849,000 | 73,563,000 | 84,725,000 | 94,883,000 | 114,929,000 | 82,169,000 | 79,568,000 | 88,169,000 | 115,601,000 | 73,004,000 | 73,997,000 | 81,997,000 | 98,763,000 | 65,182,000 | 99,453,000 | 113,311,000 | 71,725,000 | 75,536,000 | 90,432,000 | 84,230,000 | 62,787,000 | 73,360,000 | 84,988,000 | 80,360,000 | 85,743,000 | 70,262,000 | 76,332,000 | 86,448,000 | 92,439,000 | 95,349,000 | 51,327,000 | 72,751,000 | 79,507,000 | 67,785,000 | 85,349,000 | 87,997,000 | 76,312,000 | 76,417,000 | 83,686,000 | 99,745,000 | 79,888,000 | 94,997,000 | 98,109,000 | 91,466,000 | 83,381,000 | 99,606,000 | 103,128,000 | 91,460,000 | 90,608,000 | 106,438,000 | 91,261,000 | 80,614,000 | 48,832,000 | 66,062,000 | ||||||||||||||||||
fees from related parties | 4,296,000 | 4,597,000 | 4,453,000 | 5,241,000 | 4,422,000 | 6,558,000 | 5,106,000 | 4,643,000 | 4,421,000 | 4,226,000 | 3,723,000 | 4,062,000 | 3,957,000 | 3,896,000 | 3,896,000 | 3,625,000 | 3,317,000 | 3,356,000 | 3,470,000 | 4,245,000 | 3,785,000 | 8,814,000 | 6,562,000 | 5,521,000 | 8,218,000 | 8,208,000 | 7,221,000 | 5,795,000 | 4,087,000 | 7,128,000 | 6,271,000 | 5,576,000 | 6,565,000 | 6,139,000 | 6,126,000 | 4,865,000 | 7,070,000 | 6,095,000 | 6,749,000 | 7,967,000 | 7,032,000 | 8,071,000 | 12,242,000 | 13,148,000 | 14,016,000 | 13,102,000 | 13,494,000 | 12,547,000 | 15,366,000 | 15,220,000 | 15,435,000 | 17,221,000 | 16,413,000 | 16,436,000 | 15,926,000 | 15,776,000 | 14,945,000 | 13,232,000 | 14,924,000 | 17,205,000 | 19,409,000 | 18,599,000 | ||||||||||||||||||
data, network and post-trade | 34,468,000 | 36,669,000 | 34,349,000 | 35,462,000 | 32,500,000 | 32,587,000 | 32,661,000 | 30,812,000 | 30,903,000 | 29,551,000 | 27,797,000 | 27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and dividend income | 10,579,000 | 12,889,000 | 14,039,000 | 15,268,000 | 11,629,000 | 12,370,000 | 16,944,000 | 17,145,000 | 9,764,000 | 16,586,000 | 10,150,000 | 13,371,000 | 5,315,000 | 5,501,000 | 4,110,000 | 8,961,000 | 2,435,000 | 4,442,000 | 3,042,000 | 11,455,000 | 3,038,000 | 2,418,000 | 6,536,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenues | 10,311,000 | 7,627,000 | 10,898,000 | 8,134,000 | 4,900,000 | 4,758,000 | 5,754,000 | 4,641,000 | 5,505,000 | 4,623,000 | 5,994,000 | 5,044,000 | 4,256,000 | 4,228,000 | 5,755,000 | 2,068,000 | 4,320,000 | 6,756,000 | 3,984,000 | 3,383,000 | 4,784,000 | 5,075,000 | 3,758,000 | 4,921,000 | -50,000 | 5,971,000 | 6,011,000 | 3,631,000 | 4,149,000 | 4,154,000 | 1,429,000 | 876,000 | 976,000 | 564,000 | 783,000 | 305,000 | 3,682,000 | 2,495,000 | 2,211,000 | 3,530,000 | 8,196,000 | 33,269,000 | 1,174,000 | 831,000 | 38,875,000 | 8,668,000 | 7,286,000 | 3,029,000 | 2,999,000 | 1,283,000 | 311,000 | 682,000 | 11,770,000 | 506,000 | 1,002,000 | 1,822,000 | 1,642,000 | 2,139,000 | 320,000 | |||||||||||||||||||||
total revenues | 955,481,000 | 756,367,000 | 736,849,000 | 784,004,000 | 664,240,000 | 572,332,000 | 561,111,000 | 550,761,000 | 578,614,000 | 516,760,000 | 482,694,000 | 493,080,000 | 532,867,000 | 436,515,000 | 416,567,000 | 435,756,000 | 506,464,000 | 461,591,000 | 473,747,000 | 512,450,000 | 567,576,000 | 455,039,000 | 519,088,000 | 603,167,000 | 487,156,000 | 521,137,000 | 551,187,000 | 544,751,000 | -956,166,000 | 977,254,000 | 960,076,000 | 737,757,000 | 707,430,000 | 678,122,000 | 643,505,000 | 651,960,000 | 639,036,000 | 669,131,000 | 436,216,000 | 417,581,000 | 440,291,000 | 433,345,000 | 1,193,167,000 | 444,969,000 | 482,177,000 | 440,317,000 | 449,538,000 | 394,961,000 | 355,169,000 | 379,935,000 | 365,023,000 | 321,755,000 | 326,502,000 | 335,704,000 | 347,151,000 | 296,833,000 | 289,439,000 | 292,136,000 | 283,914,000 | 285,482,000 | 300,868,000 | 305,472,000 | 40,726,000 | 38,241,000 | 40,384,000 | 38,957,000 | 41,414,000 | 44,725,000 | 38,076,000 | 38,953,000 | 42,552,000 | 37,455,000 | 38,904,000 | 42,845,000 | 39,223,000 | 44,270,000 | 39,079,000 | |||
yoy | 43.85% | 32.16% | 31.32% | 42.35% | 14.80% | 10.75% | 16.25% | 11.70% | 8.59% | 18.38% | 15.87% | 13.16% | 5.21% | -5.43% | -12.07% | -14.97% | -10.77% | 1.44% | -8.73% | -15.04% | 16.51% | -12.68% | -5.82% | 10.72% | -150.95% | -46.67% | -42.59% | -26.16% | -235.16% | 44.11% | 49.19% | 13.16% | 10.70% | -3.83% | 49.46% | 53.03% | 54.41% | -63.44% | -6.16% | -8.69% | -1.58% | 165.42% | 12.66% | 35.76% | 15.89% | 23.15% | 22.75% | 8.78% | 13.18% | 5.15% | 8.40% | 12.81% | 14.91% | 22.27% | 3.98% | -3.80% | -4.37% | 597.13% | 646.53% | 645.02% | 684.13% | -1.66% | -14.50% | 6.06% | 0.01% | -2.67% | 1.66% | 0.13% | -4.51% | -12.12% | ||||||||||
qoq | 26.33% | 2.65% | -6.01% | 18.03% | 16.06% | 2.00% | 1.88% | -4.81% | 11.97% | 7.06% | -2.11% | -7.47% | 22.07% | 4.79% | -4.40% | -13.96% | 9.72% | -2.57% | -7.55% | -9.71% | 24.73% | -12.34% | -13.94% | 23.81% | -6.52% | -5.45% | 1.18% | -156.97% | -197.84% | 1.79% | 30.13% | 4.29% | 4.32% | 5.38% | -1.30% | 2.02% | 53.39% | 4.46% | -5.16% | 1.60% | -63.68% | 168.15% | -7.72% | 9.51% | -2.05% | 13.82% | 11.20% | -6.52% | 4.09% | 13.45% | -1.45% | -2.74% | -3.30% | 16.95% | 2.55% | -0.92% | 2.90% | -0.55% | -5.11% | -1.51% | 650.07% | 6.50% | -5.31% | 3.66% | -5.93% | -7.40% | 17.46% | -2.25% | -8.46% | -3.72% | 9.23% | -11.40% | 13.28% | |||||||
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and employee benefits | 537,339,000 | 497,638,000 | 400,262,000 | 416,463,000 | 341,648,000 | 289,608,000 | 271,307,000 | 271,990,000 | 290,842,000 | 248,915,000 | 233,087,000 | 243,387,000 | 267,214,000 | 181,671,000 | 202,353,000 | 211,873,000 | 257,268,000 | 434,807,000 | 257,604,000 | 270,427,000 | 308,162,000 | 244,240,000 | 283,437,000 | 344,749,000 | 271,296,000 | 278,544,000 | 290,071,000 | 288,000,000 | -569,170,000 | 517,865,000 | 524,030,000 | 454,099,000 | 437,491,000 | 410,112,000 | 415,697,000 | 418,621,000 | 409,183,000 | 432,176,000 | 270,642,000 | 264,318,000 | 275,299,000 | 264,018,000 | 765,679,000 | 289,392,000 | 316,097,000 | 288,669,000 | 308,029,000 | 246,869,000 | 216,298,000 | 253,879,000 | 208,969,000 | 179,600,000 | 179,871,000 | 207,558,000 | 271,688,000 | 187,232,000 | 181,479,000 | 180,591,000 | 175,837,000 | 190,208,000 | 177,739,000 | 176,921,000 | 14,256,000 | 27,983,000 | 16,022,000 | 15,046,000 | 14,166,000 | 12,919,000 | 13,616,000 | 12,372,000 | 13,858,000 | 12,890,000 | 13,051,000 | 9,768,000 | 8,241,000 | 9,790,000 | 9,239,000 | |||
equity-based compensation and allocations of net income to limited partnership units | 83,441,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total compensation and employee benefits | 620,780,000 | 593,530,000 | 474,709,000 | 500,389,000 | 416,971,000 | 410,773,000 | 356,997,000 | 338,197,000 | 386,923,000 | 327,008,000 | 302,355,000 | 370,031,000 | 348,587,000 | 271,003,000 | 260,083,000 | 258,006,000 | 315,144,000 | 520,696,000 | 336,094,000 | 328,717,000 | 341,657,000 | 277,247,000 | 311,256,000 | 386,953,000 | 340,685,000 | 318,874,000 | 333,823,000 | 300,141,000 | -609,709,000 | 585,784,000 | 630,575,000 | 504,336,000 | 500,684,000 | 470,376,000 | 474,468,000 | 459,596,000 | 442,107,000 | 458,376,000 | 323,158,000 | 286,720,000 | 306,622,000 | 269,007,000 | 811,763,000 | 296,830,000 | 321,116,000 | 288,725,000 | 309,938,000 | 252,849,000 | 216,298,000 | 253,879,000 | 218,169,000 | 191,920,000 | 185,695,000 | 212,721,000 | 271,688,000 | 190,967,000 | 183,206,000 | 186,781,000 | 180,916,000 | 190,208,000 | 181,754,000 | 184,306,000 | ||||||||||||||||||
occupancy and equipment | 47,731,000 | 47,549,000 | 47,614,000 | 46,478,000 | 42,569,000 | 42,278,000 | 45,195,000 | 40,959,000 | 40,806,000 | 41,062,000 | 40,028,000 | 40,488,000 | 41,165,000 | 40,197,000 | 38,710,000 | 39,921,000 | 38,663,000 | 46,724,000 | 46,049,000 | 46,900,000 | 48,133,000 | 45,224,000 | 47,247,000 | 51,074,000 | 48,987,000 | 44,709,000 | 45,109,000 | 46,002,000 | -15,811,000 | 58,193,000 | 52,428,000 | 49,296,000 | 49,863,000 | 53,822,000 | 46,513,000 | 49,511,000 | 50,002,000 | 63,108,000 | 35,575,000 | 35,701,000 | 40,921,000 | 37,908,000 | 37,340,000 | 39,227,000 | 40,018,000 | 40,010,000 | 39,092,000 | 36,229,000 | 34,118,000 | 29,943,000 | 29,286,000 | 28,982,000 | 28,161,000 | 28,249,000 | 28,128,000 | 27,015,000 | 27,653,000 | 27,522,000 | 25,824,000 | 26,723,000 | 25,686,000 | 28,775,000 | 7,409,000 | 8,383,000 | 8,191,000 | 7,571,000 | ||||||||||||||
fees to related parties | 8,073,000 | 10,191,000 | 9,346,000 | 10,409,000 | 8,350,000 | 9,054,000 | 8,251,000 | 8,009,000 | 7,215,000 | 9,172,000 | 7,046,000 | 7,991,000 | 8,440,000 | 7,377,000 | 6,551,000 | 6,009,000 | 5,725,000 | 8,456,000 | 5,674,000 | 4,452,000 | 5,291,000 | 7,610,000 | 5,194,000 | 5,435,000 | 2,858,000 | 7,123,000 | 6,457,000 | 2,927,000 | -7,231,000 | 9,743,000 | 9,887,000 | 5,404,000 | 6,377,000 | 9,061,000 | 5,060,000 | 3,534,000 | 6,209,000 | 4,121,000 | 2,681,000 | 2,133,000 | 1,807,000 | 2,022,000 | 2,286,000 | 2,843,000 | 2,267,000 | 2,837,000 | 3,169,000 | 3,519,000 | 2,719,000 | 3,297,000 | 2,601,000 | 3,017,000 | 3,061,000 | 3,338,000 | 4,034,000 | 3,410,000 | 3,208,000 | 2,929,000 | 4,335,000 | 2,731,000 | 2,883,000 | 3,140,000 | ||||||||||||||||||
professional and consulting fees | 16,920,000 | 17,269,000 | 18,303,000 | 15,796,000 | 15,669,000 | 17,701,000 | 20,184,000 | 12,805,000 | 14,259,000 | 16,144,000 | 13,734,000 | 14,819,000 | 15,701,000 | 24,286,000 | 15,048,000 | 13,810,000 | 15,631,000 | 14,813,000 | 16,836,000 | 17,820,000 | 16,140,000 | 15,637,000 | 19,805,000 | 19,956,000 | 27,553,000 | 21,262,000 | 23,347,000 | 20,005,000 | -2,387,000 | 33,491,000 | 26,918,000 | 20,736,000 | 19,580,000 | 15,760,000 | 15,549,000 | 14,201,000 | 15,410,000 | 14,331,000 | 10,565,000 | 10,156,000 | 11,089,000 | 11,772,000 | 11,367,000 | 14,941,000 | 15,881,000 | 18,062,000 | 19,515,000 | 19,319,000 | 19,569,000 | 19,625,000 | 13,341,000 | 14,380,000 | 10,773,000 | 10,016,000 | 10,069,000 | 12,709,000 | 6,852,000 | 7,305,000 | 7,484,000 | 9,207,000 | 15,460,000 | 11,803,000 | 2,187,000 | 4,305,000 | 6,050,000 | 4,111,000 | 2,895,000 | 2,690,000 | 2,639,000 | 2,225,000 | 1,910,000 | 2,129,000 | 2,941,000 | 865,000 | 592,000 | 953,000 | 863,000 | |||
communications | 38,689,000 | 35,517,000 | 35,628,000 | 34,659,000 | 30,629,000 | 30,028,000 | 30,416,000 | 30,172,000 | 30,008,000 | 29,169,000 | 29,222,000 | 27,813,000 | 27,939,000 | 26,237,000 | 26,802,000 | 27,166,000 | 27,891,000 | 27,611,000 | 29,305,000 | 30,774,000 | 29,804,000 | 30,088,000 | 30,524,000 | 30,521,000 | 29,715,000 | 29,882,000 | 29,974,000 | 30,411,000 | 17,328,000 | 31,693,000 | 34,143,000 | 31,915,000 | 31,694,000 | 32,004,000 | 30,568,000 | 30,600,000 | 30,908,000 | 32,110,000 | 20,087,000 | 21,312,000 | 20,458,000 | 22,451,000 | 22,755,000 | 24,341,000 | 24,584,000 | 22,863,000 | 21,402,000 | 21,958,000 | 21,753,000 | 21,508,000 | 21,330,000 | 21,254,000 | 19,459,000 | 18,468,000 | 19,068,000 | 18,178,000 | 16,880,000 | 15,646,000 | 15,324,000 | 15,696,000 | 17,459,000 | |||||||||||||||||||
selling and promotion | 29,131,000 | 30,525,000 | 26,461,000 | 28,810,000 | 19,441,000 | 18,605,000 | 17,376,000 | 17,714,000 | 16,771,000 | 17,009,000 | 14,939,000 | 15,320,000 | 14,616,000 | 14,461,000 | 11,373,000 | 12,443,000 | 10,938,000 | 12,356,000 | 9,586,000 | 8,616,000 | 7,488,000 | 5,943,000 | 6,634,000 | 18,699,000 | 21,432,000 | 20,320,000 | 21,491,000 | 18,402,000 | -24,261,000 | 30,850,000 | 32,900,000 | 29,389,000 | 23,385,000 | 24,127,000 | 22,613,000 | 25,514,000 | 25,598,000 | 26,763,000 | 16,730,000 | 18,255,000 | 18,025,000 | 19,839,000 | 23,239,000 | 20,315,000 | 20,928,000 | 22,153,000 | 23,513,000 | 19,446,000 | 19,951,000 | 19,507,000 | 20,186,000 | 18,739,000 | 17,183,000 | 16,227,000 | 15,917,000 | 15,250,000 | 14,432,000 | 12,751,000 | 15,004,000 | 15,520,000 | 16,262,000 | 15,070,000 | ||||||||||||||||||
commissions and floor brokerage | 21,656,000 | 18,737,000 | 17,340,000 | 16,690,000 | 17,492,000 | 18,453,000 | 17,539,000 | 17,414,000 | 17,392,000 | 15,342,000 | 14,755,000 | 16,161,000 | 15,265,000 | 13,591,000 | 13,104,000 | 14,239,000 | 17,343,000 | 16,563,000 | 15,908,000 | 14,308,000 | 17,929,000 | 12,933,000 | 13,520,000 | 19,277,000 | 16,377,000 | 15,831,000 | 16,791,000 | 14,618,000 | 16,791,000 | 15,382,000 | 15,623,000 | 10,203,000 | 10,170,000 | 10,280,000 | 8,493,000 | 10,097,000 | 9,043,000 | 10,473,000 | 4,806,000 | 5,575,000 | 4,206,000 | 5,075,000 | 6,397,000 | 5,771,000 | 5,545,000 | 5,675,000 | 5,833,000 | 5,680,000 | 6,311,000 | 6,539,000 | 6,095,000 | 5,688,000 | 4,564,000 | 4,916,000 | 4,887,000 | 4,702,000 | 4,084,000 | 4,075,000 | 3,675,000 | 11,284,000 | 3,418,000 | 6,185,000 | ||||||||||||||||||
interest expense | 32,452,000 | 33,040,000 | 33,823,000 | 33,801,000 | 24,654,000 | 24,263,000 | 25,125,000 | 21,551,000 | 20,136,000 | 20,795,000 | 20,780,000 | 19,914,000 | 15,742,000 | 14,788,000 | 14,499,000 | 14,342,000 | 14,303,000 | 16,061,000 | 16,735,000 | 18,680,000 | 17,853,000 | 19,488,000 | 17,457,000 | 17,334,000 | 15,636,000 | 15,258,000 | 14,985,000 | 13,198,000 | -46,318,000 | 33,472,000 | 27,441,000 | 16,676,000 | 14,821,000 | 14,172,000 | 15,383,000 | 14,624,000 | 13,458,000 | 18,439,000 | 9,197,000 | 9,230,000 | 9,335,000 | 9,164,000 | 9,989,000 | 9,700,000 | 9,991,000 | 9,758,000 | 7,578,000 | 7,558,000 | 8,689,000 | 6,754,000 | 4,395,000 | 3,777,000 | 3,796,000 | 3,596,000 | 2,911,000 | 2,535,000 | 2,476,000 | 2,512,000 | 2,397,000 | 5,442,000 | 2,217,000 | 3,628,000 | ||||||||||||||||||
other expenses | 31,550,000 | 26,997,000 | 42,384,000 | 24,654,000 | 10,747,000 | 14,847,000 | 26,955,000 | 13,334,000 | 14,558,000 | 26,519,000 | 22,030,000 | 13,221,000 | 12,508,000 | 26,695,000 | 19,951,000 | 23,010,000 | 17,775,000 | 16,465,000 | 24,614,000 | 23,688,000 | 16,089,000 | 18,458,000 | 21,499,000 | 19,188,000 | 18,886,000 | 42,757,000 | 21,765,000 | 24,015,000 | -140,295,000 | 69,706,000 | 66,307,000 | 30,759,000 | 27,988,000 | 17,664,000 | 19,709,000 | 23,684,000 | 22,811,000 | 27,179,000 | 26,732,000 | 13,584,000 | 16,582,000 | 13,444,000 | 59,780,000 | 17,304,000 | 13,084,000 | 26,622,000 | 15,048,000 | 9,491,000 | 14,939,000 | 23,365,000 | 25,081,000 | 7,038,000 | 27,436,000 | 20,652,000 | 4,389,000 | 8,584,000 | 22,593,000 | 10,990,000 | 7,630,000 | 9,347,000 | 17,603,000 | 3,391,000 | 4,227,000 | 3,002,000 | 3,372,000 | 2,433,000 | 2,439,000 | 2,441,000 | 1,888,000 | 1,915,000 | ||||||||||
total expenses | 846,982,000 | 813,355,000 | 705,608,000 | 711,686,000 | 586,522,000 | 586,002,000 | 548,038,000 | 500,155,000 | 548,068,000 | 502,220,000 | 464,889,000 | 525,758,000 | 499,963,000 | 438,635,000 | 406,121,000 | 408,946,000 | 463,413,000 | 679,745,000 | 500,801,000 | 493,955,000 | 500,384,000 | 432,628,000 | 473,136,000 | 568,437,000 | 522,129,000 | 516,016,000 | 513,742,000 | 469,719,000 | -811,893,000 | 868,314,000 | 896,222,000 | 698,714,000 | 684,562,000 | 647,266,000 | 638,356,000 | 631,361,000 | 615,546,000 | 654,900,000 | 449,531,000 | 402,666,000 | 429,045,000 | 390,682,000 | 984,916,000 | 431,272,000 | 453,414,000 | 436,705,000 | 445,088,000 | 376,049,000 | 344,347,000 | 384,417,000 | 340,484,000 | 294,795,000 | 300,128,000 | 318,183,000 | 361,091,000 | 283,350,000 | 281,384,000 | 270,511,000 | 262,589,000 | 286,158,000 | 282,742,000 | 273,339,000 | 27,999,000 | 25,184,000 | 27,955,000 | 25,577,000 | ||||||||||||||
other income (losses), net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on equity method investments | 4,585,000 | 1,301,000 | 2,290,000 | 2,379,000 | 2,358,000 | 1,536,000 | 2,360,000 | 2,744,000 | 1,790,000 | 2,584,000 | 2,094,000 | 2,412,000 | 2,062,000 | 2,158,000 | 3,230,000 | 2,729,000 | 2,803,000 | 2,101,000 | 1,816,000 | 1,323,000 | 1,466,000 | 1,527,000 | 1,119,000 | 1,023,000 | 1,064,000 | 1,530,000 | 738,000 | 783,000 | -2,622,000 | 1,344,000 | 2,854,000 | 1,602,000 | 237,000 | 1,802,000 | 683,000 | 500,000 | 558,000 | 833,000 | ||||||||||||||||||||||||||||||||||||||||||
other income | 2,363,000 | 13,964,000 | -35,000 | 581,000 | -98,000 | 537,000 | 4,276,000 | 1,814,000 | 38,762,000 | 14,765,000 | 3,967,000 | -1,011,000 | -1,735,000 | 2,415,000 | 5,545,000 | 1,909,000 | -496,000 | 7,922,000 | 4,513,000 | 1,864,000 | 5,406,000 | 4,779,000 | 1,129,000 | -6,015,000 | 9,462,000 | 2,095,000 | 194,000 | 21,202,000 | -91,440,000 | 108,776,000 | -810,000 | 4,855,000 | 5,089,000 | -1,169,000 | 91,653,000 | 10,012,000 | -2,917,000 | 1,331,000 | 45,892,000 | |||||||||||||||||||||||||||||||||||||||||
total other income (losses) | 6,948,000 | 81,983,000 | 2,255,000 | 2,960,000 | 2,260,000 | 40,842,000 | 6,636,000 | 4,558,000 | 40,552,000 | 17,349,000 | 6,061,000 | 1,401,000 | 327,000 | 3,727,000 | 8,592,000 | 4,638,000 | 2,307,000 | 322,904,000 | 6,421,000 | 3,155,000 | 6,872,000 | 6,297,000 | 2,248,000 | -4,992,000 | 10,512,000 | 3,625,000 | -687,000 | 42,039,000 | -94,062,000 | 110,120,000 | 2,044,000 | 6,457,000 | 5,883,000 | 633,000 | 99,380,000 | 10,512,000 | -2,359,000 | 3,058,000 | 43,252,000 | |||||||||||||||||||||||||||||||||||||||||
income from operations before income taxes | 115,447,000 | 24,995,000 | 33,496,000 | 75,278,000 | 79,978,000 | 27,172,000 | 19,709,000 | 55,164,000 | 71,098,000 | 31,889,000 | 23,866,000 | -31,277,000 | 33,231,000 | 1,607,000 | 19,038,000 | 31,448,000 | 45,358,000 | 104,750,000 | -20,633,000 | 21,650,000 | 74,064,000 | 28,708,000 | 48,200,000 | 29,738,000 | 117,071,000 | -238,335,000 | 219,060,000 | 65,898,000 | 45,500,000 | 28,751,000 | 31,489,000 | 104,529,000 | 31,111,000 | 21,131,000 | 17,289,000 | 29,937,000 | 14,915,000 | 11,246,000 | 42,663,000 | 208,251,000 | 13,697,000 | 28,763,000 | 3,612,000 | 4,450,000 | 18,912,000 | 10,822,000 | -4,482,000 | 24,539,000 | ||||||||||||||||||||||||||||||||
provision for income taxes | 31,983,000 | 14,162,000 | 7,434,000 | 19,063,000 | 26,549,000 | 3,873,000 | 5,996,000 | 17,989,000 | 22,057,000 | 10,626,000 | 5,314,000 | -9,067,000 | 12,061,000 | -1,991,000 | 10,813,000 | 15,105,000 | 14,657,000 | 15,957,000 | -6,692,000 | -1,191,000 | 14,939,000 | 3,778,000 | 8,641,000 | 8,706,000 | 2,095,000 | 6,186,000 | 14,993,000 | 29,897,000 | -32,307,000 | 56,756,000 | 15,908,000 | 16,547,000 | 6,659,000 | 14,601,000 | 30,263,000 | 10,548,000 | 4,840,000 | 2,272,000 | 18,808,000 | 3,600,000 | 744,000 | 10,675,000 | 78,711,000 | 3,095,000 | 10,329,000 | 2,623,000 | 70,000 | 7,202,000 | 3,905,000 | -1,338,000 | 7,401,000 | 2,942,000 | 6,878,000 | 4,710,000 | -2,987,000 | 6,390,000 | 3,310,000 | 6,944,000 | 7,031,000 | -1,440,000 | 4,762,000 | 8,723,000 | 496,000 | 1,920,000 | -306,000 | 1,391,000 | ||||||||||||||
consolidated net income | 83,464,000 | 10,833,000 | 26,062,000 | 56,215,000 | 53,429,000 | 23,299,000 | 13,713,000 | 37,175,000 | 49,041,000 | 21,263,000 | 18,552,000 | -22,210,000 | 21,170,000 | 3,598,000 | 8,225,000 | 16,343,000 | 30,701,000 | 88,793,000 | -13,941,000 | 22,841,000 | 59,125,000 | 24,930,000 | 39,559,000 | 21,032,000 | -26,556,000 | 2,560,000 | 21,765,000 | 87,174,000 | -29,859,000 | 162,304,000 | 49,990,000 | 28,953,000 | 22,092,000 | 16,888,000 | 74,266,000 | 20,563,000 | 16,291,000 | 15,017,000 | 11,129,000 | 11,315,000 | 10,502,000 | 31,988,000 | 129,540,000 | 10,602,000 | 18,434,000 | 989,000 | 4,380,000 | 11,710,000 | 6,917,000 | -3,144,000 | 17,138,000 | 24,018,000 | 19,496,000 | 12,811,000 | -10,953,000 | 7,093,000 | 4,745,000 | 14,681,000 | 14,294,000 | |||||||||||||||||||||
less: net income attributable to noncontrolling interest in subsidiaries | -684,000 | -3,538,000 | -1,820,000 | -1,330,000 | -1,735,000 | -1,904,000 | -1,034,000 | -653,000 | -169,000 | 1,318,000 | 1,506,000 | -2,506,000 | 2,192,000 | 1,382,000 | 2,463,000 | 1,581,000 | 4,729,000 | 12,340,000 | -2,539,000 | 4,672,000 | 16,034,000 | 5,549,000 | 11,460,000 | 6,718,000 | 23,865,500 | 42,018,000 | 14,787,000 | 7,185,000 | 3,877,000 | 4,677,000 | 13,384,000 | 4,838,000 | 2,632,000 | 5,670,000 | 3,918,000 | 3,714,000 | 2,494,000 | 6,662,000 | 95,074,000 | 3,604,000 | 4,266,000 | 1,440,000 | 2,422,000 | 3,521,000 | 3,077,000 | -1,111,000 | 8,472,000 | 12,267,000 | 13,272,000 | 5,413,000 | -6,742,000 | 5,391,000 | 2,570,000 | 6,613,000 | 6,214,000 | |||||||||||||||||||||||||
net income available to common stockholders | 84,148,000 | 14,371,000 | 27,882,000 | 57,545,000 | 55,164,000 | 25,203,000 | 14,747,000 | 37,828,000 | 49,210,000 | 19,945,000 | 17,046,000 | -19,704,000 | 18,978,000 | 2,216,000 | 5,762,000 | 14,762,000 | 25,972,000 | 76,453,000 | -11,402,000 | 18,169,000 | 43,091,000 | 19,381,000 | 28,099,000 | 14,314,000 | -16,243,000 | -3,529,000 | 13,611,000 | 61,868,000 | -16,743,000 | 120,286,000 | 35,203,000 | 21,768,000 | 18,215,000 | 12,211,000 | 60,882,000 | 15,725,000 | 13,659,000 | 9,347,000 | 7,211,000 | 7,601,000 | 8,008,000 | 25,326,000 | 34,466,000 | 6,998,000 | 14,168,000 | -451,000 | 1,958,000 | 8,189,000 | 3,840,000 | -2,033,000 | 8,666,000 | 11,751,000 | 6,224,000 | 7,398,000 | -4,211,000 | 1,702,000 | 2,175,000 | 8,068,000 | 8,080,000 | -13,000 | 6,853,000 | 11,984,000 | ||||||||||||||||||
per share data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 0.17 | 0.03 | 0.06 | 0.11 | 0.11 | 0.06 | 0.03 | 0.08 | 0.1 | 0.04 | 0.03 | -0.05 | 0.05 | 0.02 | 0.04 | 0.07 | 0.21 | -0.03 | 0.05 | 0.12 | 0.05 | 0.08 | 0.04 | 0.168 | 0.36 | 0.11 | 0.08 | 0.06 | 0.04 | 0.22 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.12 | 0.2 | 0.04 | 0.09 | 0.01 | 0.06 | 0.02 | -0.02 | 0.09 | 0.13 | 0.07 | 0.09 | -0.05 | 0.02 | 0.03 | 0.1 | 0.1 | -0.02 | 0.08 | 0.16 | -0.41 | 0.02 | 0.07 | -0.01 | 0.04 | -0.03 | 0.03 | |||||||||||||||||
net income attributable to common stockholders | 80,627 | 13,929 | 26,768 | 55,117 | 52,780 | 24,349 | 14,192 | 36,054 | 46,378 | 18,822 | 15,974 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic weighted-average shares of common stock outstanding | 474,199 | 476,364 | 474,642 | 480,138 | 479,166 | 473,390 | 473,435 | 475,272 | 470,517 | 426,436 | 468,544 | 391,745 | 375,220 | 371,561 | 371,108 | 375,613 | 368,323 | 379,215 | 387,121 | 384,902 | 374,318 | 363,244 | 360,614 | 358,001 | 344,332 | 346,060 | 341,272 | 338,403 | 322,141 | 327,932 | 321,199 | 286,840 | 283,399 | 277,073 | 278,601 | 275,997 | 273,780 | 243,460 | 244,862 | 220,388 | 220,770 | 220,608 | 219,174 | 171,758 | 163,225 | 144,886 | 146,703 | 140,368 | 136,124 | 116,132 | 124,279 | 97,326 | 88,294 | 91,225 | 84,473 | 82,873 | 80,350 | 79,891 | 78,929 | 80,561 | 105,771 | 82,432 | 75,194 | 50,825 | 50,466 | 50,455 | 50,448 | 50,423 | 50,214 | 50,176 | 50,142 | 50,077 | 51,349 | 51,281 | 53,141 | 54,978 | 56,153 | 55,345 | 55,291 | 55,056 |
fully diluted earnings per share | 0.17 | 0.03 | 0.06 | 0.11 | 0.11 | 0.05 | 0.03 | 0.08 | 0.1 | 0.04 | 0.03 | -0.05 | 0.05 | 0.01 | 0.01 | 0.04 | 0.07 | 0.2 | -0.03 | 0.05 | 0.11 | 0.05 | 0.07 | 0.04 | 0.16 | 0.35 | 0.1 | 0.07 | 0.06 | 0.04 | 0.21 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.11 | 0.18 | 0.04 | 0.09 | 0.01 | 0.06 | 0.02 | -0.02 | 0.09 | 0.13 | 0.07 | 0.09 | -0.05 | 0.058 | 0.03 | 0.1 | 0.1 | -0.02 | 0.08 | 0.16 | |||||||||||||||||||||||
net income for fully diluted shares | 80,659 | 13,928 | 26,774 | 55,136 | 52,806 | 24,353 | 14,194 | 36,070 | 46,417 | 18,836 | 15,989 | -19,704 | 24,155 | 2,761 | 7,370 | 19,710 | 33,638 | 117,962 | -11,402 | 26,023 | 62,248 | 29,575 | 40,436 | 20,259 | 77,730.5 | 171,720 | 50,445 | 33,094 | 27,610 | 18,012 | 92,121 | 25,359 | 22,203 | 13,256 | 10,749 | 11,105 | 11,558 | 40,600 | 69,944 | 13,546 | 27,398 | -451 | 3,878 | 15,790 | 3,840 | -2,033 | 20,834 | 28,734 | 15,979 | 19,567 | -4,211 | 3,448 | 5,967 | 21,120 | 19,892 | -13 | 16,446 | 30,069 | ||||||||||||||||||||||
fully diluted weighted-average shares of common stock outstanding | 479,217 | 480,950 | 478,480 | 484,636 | 485,549 | 479,142 | 478,652 | 480,861 | 477,973 | 489,989 | 477,545 | 391,745 | 501,067 | 499,414 | 496,985 | 507,005 | 502,877 | 540,020 | 387,121 | 563,923 | 557,068 | 549,244 | 546,123 | 538,442 | 524,550 | 346,060 | 522,984 | 516,066 | 323,844 | 487,636 | 481,461 | 451,857 | 444,826 | 433,226 | 429,761 | 437,257 | 434,855 | 335,387 | 366,774 | 331,209 | 326,586 | 322,074 | 355,167 | 378,092 | 317,823 | 280,809 | 146,703 | 274,756 | 264,170 | 116,514 | 124,279 | 237,065 | 228,568 | 228,288 | 226,495 | 82,873 | 211,036 | 215,620 | 211,074 | 199,981 | 105,771 | 190,121 | ||||||||||||||||||
equity-based compensation and allocations of net income to limited partnership units and fpus | 95,892,000 | 74,447,000 | 83,926,000 | 75,323,000 | 121,165,000 | 85,690,000 | 66,207,000 | 96,081,000 | 78,093,000 | 69,268,000 | 126,644,000 | 81,373,000 | 89,332,000 | 57,730,000 | 46,133,000 | 57,876,000 | 85,889,000 | 78,490,000 | 58,290,000 | 33,495,000 | 33,007,000 | 27,819,000 | 42,204,000 | 69,389,000 | 40,330,000 | 43,752,000 | 12,141,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on divestitures and sale of investments | -846,000 | -183,000 | 312,881,000 | 92,000 | -32,000 | 4,608,750 | -1,619,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
data, software and post-trade | 27,122,000 | 25,063,000 | 23,808,000 | 23,391,000 | 24,127,000 | 24,137,000 | 22,238,000 | 21,602,000 | 21,986,000 | 21,523,000 | 20,139,000 | 19,398,000 | 18,151,000 | 18,364,000 | 18,741,000 | 17,910,000 | 18,169,000 | 16,547,000 | 15,370,000 | 13,322,000 | 13,087,000 | 17,710,000 | 11,834,000 | 12,448,000 | 12,317,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income (losses) , net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestitures and sale of investments | -9,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 4,161,000 | 2,865,000 | 3,976,000 | 7,813,000 | 3,665,000 | -22,656,000 | 15,946,000 | 12,366,000 | 6,001,000 | 3,303,000 | 3,319,000 | 2,792,000 | 3,777,000 | 2,383,000 | 3,161,000 | 1,642,000 | 1,925,000 | 2,072,000 | 1,563,000 | 1,651,000 | 1,548,000 | 1,371,000 | 1,397,000 | 1,543,000 | 2,195,000 | 1,351,000 | 1,730,000 | 1,406,000 | 656,000 | 1,199,000 | 781,000 | 672,000 | 3,049,000 | 2,189,000 | 702,000 | 1,312,000 | 3,010,000 | 1,019,000 | 3,931,000 | 1,643,000 | 2,236,000 | 2,527,000 | 2,537,000 | 2,473,000 | 2,616,000 | 2,470,000 | 2,093,000 | 2,362,000 | 1,382,000 | 1,285,000 | 761,000 | 413,000 | 547,000 | |||||||||||||||||||||||||||
income from continuing operations before income taxes | 40,643,750 | 8,746,000 | 36,758,000 | 26,960,000 | 26,374,000 | 17,521,000 | -13,940,000 | 21,625,000 | 21,325,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income from continuing operations | -26,556,000 | 2,560,000 | 21,765,000 | 87,174,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income from discontinued operations, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income from continuing operations attributable to noncontrolling interest in subsidiaries | -10,313,000 | 6,089,000 | 8,154,000 | 25,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income from discontinued operations attributable to noncontrolling interest in subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share from continuing operations | -0.05 | -0.01 | 0.04 | 0.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations available to common stockholders | -16,243 | -3,529 | 13,611 | 61,868 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fully diluted earnings per share from continuing operations | -0.05 | -0.01 | 0.04 | 0.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations for fully diluted shares | -24,847 | -3,529 | 21,010 | 90,765 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture and sale of investments | 20,054,000 | 557,000 | 7,044,000 | 894,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from mortgage banking activities/originations | 33,191,000 | 51,972,000 | 41,878,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate management and other services | 76,470,000 | 101,881,000 | 107,121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
servicing fees | 24,051,750 | 34,948,000 | 32,333,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income and grant of exchangeability to limited partnership units and fpus | 59,924,000 | 67,919,000 | 106,545,000 | 50,237,000 | 63,193,000 | 60,264,000 | 58,771,000 | 40,975,000 | 32,924,000 | 26,200,000 | 52,516,000 | 22,402,000 | 31,323,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per share of common stock | 0.18 | 0.18 | 0.16 | 0.16 | 0.16 | 0.16 | 0.14 | 0.14 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.14 | 0.14 | 0.14 | 0.14 | 0.06 | 0.08 | 0.09 | 0.09 | 0.09 | 0.04 | 0.1 | |||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared and paid per share of common stock | 0.18 | 0.18 | 0.16 | 0.16 | 0.16 | 0.16 | 0.14 | 0.14 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.14 | 0.14 | 0.14 | 0.14 | 0.06 | 0.055 | 0.09 | 0.09 | 0.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||
real estate management services | 51,589,000 | 50,630,000 | 55,841,000 | 49,373,000 | 45,529,000 | 46,058,000 | 46,528,000 | 40,452,000 | 38,835,000 | 39,826,000 | 40,447,000 | 39,823,000 | 39,338,000 | 56,185,000 | 33,953,000 | 31,674,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
market data and software solutions | 27,693,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
market data | 1,660,000 | 1,492,000 | 1,634,000 | 1,178,000 | 3,643,000 | 4,125,000 | 4,182,000 | 4,166,000 | 3,990,000 | 4,964,000 | 4,042,000 | 4,556,000 | 4,576,000 | 4,869,000 | 4,614,000 | 4,444,000 | 4,387,000 | 4,265,000 | 4,824,000 | 4,402,000 | 4,462,000 | 3,917,000 | 4,842,000 | 5,101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software solutions | 709,000 | 703,000 | 701,000 | 444,000 | 2,530,000 | 2,566,000 | 2,541,000 | 2,485,000 | 2,487,000 | 2,449,000 | 2,472,000 | 2,328,000 | 2,133,000 | 2,476,000 | 1,816,000 | 1,760,000 | 1,752,000 | 1,392,000 | 1,759,000 | 2,770,000 | 1,498,000 | 2,134,000 | 2,109,000 | 1,454,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on equity method investments | -2,640,000 | -1,288,000 | -2,275,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture | 723,147,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on equity investments | -2,705,000 | -1,224,000 | -3,288,000 | -3,672,000 | -2,995,000 | -2,652,000 | -2,456,000 | -1,870,000 | -1,675,000 | -1,661,000 | -1,890,000 | -1,609,000 | -1,692,000 | -1,749,000 | -2,945,000 | -1,747,000 | -1,852,000 | -2,143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income to limited partnership units and founding/working partner units | 4,989,000 | 46,084,000 | 7,438,000 | 5,019,000 | 56,000 | 1,909,000 | 5,980,000 | 9,200,000 | 2,746,750 | 5,824,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of net income to limited partnership units and founding/working partner units | 5,163,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of net income to limited partnership interests in bgc holdings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of income to founding/working partner units | 2,354,250 | 1,065,000 | 4,125,000 | 4,227,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of income to reus | 894,750 | 662,000 | 2,065,000 | 852,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes and noncontrolling interest in subsidiaries | 12,751,250 | 8,055,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other (losses) revenues | -1,062,750 | -825,000 | -2,216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of net income to founding/working partners units | 2,712,250 | 3,716,000 | 7,133,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of net income to reus | 299,000 | 252,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before minority interest and income taxes | -676,000 | 18,126,000 | 32,133,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 777,000 | 6,511,000 | 11,426,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted weighted-average shares of common stock outstanding | 196,574 | 50,825 | 50,466 | 50,455 | 50,448 | 51,441 | 51,258 | 50,176 | 50,142 | 51,137 | 52,066 | 51,281 | 54,095 | 56,318 | 57,958 | 57,499 | 57,730 | 56,447 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
communicatons | 17,041,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fully electronic transactions with related parties | 13,506,000 | 15,630,000 | 16,150,000 | 15,721,000 | 16,440,000 | 16,101,000 | 14,598,000 | 15,704,000 | 15,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fully electronic transactions with unrelated parties | 417,000 | 171,000 | 300,000 | 1,506,000 | 2,144,000 | 2,154,000 | 1,601,000 | 1,038,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total fully electronic transactions | 13,506,000 | 16,047,000 | 16,321,000 | 16,021,000 | 17,946,000 | 18,245,000 | 16,752,000 | 17,305,000 | 16,719,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voice-assisted brokerage transactions with related parties | 8,212,000 | 6,829,000 | 7,214,000 | 6,805,000 | 6,974,000 | 6,015,000 | 6,125,000 | 6,648,000 | 7,255,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
screen-assisted open outcry transactions with related parties | 2,313,000 | 1,736,000 | 2,349,000 | 2,070,000 | 1,732,000 | 1,413,000 | 1,398,000 | 1,438,000 | 1,426,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total transaction revenues | 24,031,000 | 24,612,000 | 25,884,000 | 24,896,000 | 26,652,000 | 25,673,000 | 24,275,000 | 25,391,000 | 25,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software solutions fees from related parties | 12,969,000 | 9,467,000 | 9,257,000 | 8,746,000 | 8,725,000 | 7,640,000 | 7,417,000 | 7,897,000 | 7,491,000 | 6,657,000 | 6,104,000 | 4,475,000 | 2,837,750 | 3,821,000 | 3,881,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
software solutions and licensing fees from unrelated parties | 2,083,000 | 1,926,000 | 2,716,000 | 2,778,000 | 3,564,000 | 5,696,000 | 3,914,000 | 3,572,000 | 3,799,000 | 3,765,000 | 4,177,000 | 3,107,000 | 1,665,500 | 2,321,000 | 2,209,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
occupancy and equipment: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of software development costs and other intangible assets | 4,190,000 | 5,160,000 | 4,800,000 | 4,846,000 | 5,334,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other occupancy and equipment | 10,091,000 | 10,151,000 | 8,510,000 | 9,029,000 | 9,377,000 | 8,871,000 | 8,130,000 | 11,646,000 | 8,633,000 | 7,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
administrative fees to related parties | 3,445,000 | 3,494,000 | 3,345,000 | 3,464,000 | 3,521,000 | 2,885,000 | 2,616,000 | 3,670,000 | 3,427,000 | 3,422,000 | 3,877,000 | 3,212,000 | 2,695,000 | 2,579,000 | 2,590,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
communications and client networks | 2,840,000 | 2,606,000 | 2,224,000 | 2,185,000 | 2,103,000 | 1,986,000 | 2,088,000 | 2,000,000 | 2,027,000 | 1,882,000 | 1,756,000 | 1,595,000 | 1,690,000 | 1,715,000 | 1,714,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing | 218,000 | 244,000 | 230,000 | 226,000 | 110,000 | 145,000 | 265,000 | 332,000 | 369,000 | 493,000 | 379,000 | 339,000 | 373,000 | 408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 41,236,000 | 59,002,000 | 49,665,000 | 49,061,000 | 40,061,000 | 39,555,000 | 38,886,000 | 39,720,000 | 39,141,000 | 39,862,000 | 36,801,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -510,000 | -20,761,000 | -9,281,000 | -10,104,000 | 1,353,000 | 5,170,000 | -810,000 | -767,000 | 3,411,000 | 2,103,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax provision | -55,000 | 243,000 | -949,000 | 764,000 | 5,805,000 | 5,482,000 | 6,353,000 | 5,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -455,000 | -21,004,000 | -6,005,000 | -6,322,000 | 857,000 | 3,250,000 | -504,000 | -376,000 | 2,020,000 | -1,458,000 | 1,339,000 | 9,041,000 | 8,557,000 | 9,962,000 | 8,102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | -153.09% | -746.28% | 1091.47% | 1581.38% | -57.57% | -65.43% | -128.08% | -117.04% | -86.56% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -97.83% | 249.78% | -5.01% | -837.69% | -73.63% | -744.84% | 34.04% | -118.61% | -208.89% | 5.66% | -14.10% | 22.96% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income margin % | 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% | NaN% | 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% | -1.12% | -54.93% | -14.87% | -16.23% | 2.07% | 7.27% | -1.32% | -0.97% | 4.75% | NaN% | -3.89% | 3.44% | NaN% | 21.10% | 21.82% | 22.50% | 20.73% |
basic income per share | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per share | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss contingency | 875,000 | 3,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition related costs | 1,326,250 | 1,598,000 | 3,707,000 | 4,124,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -3,276,000 | -3,782,000 | -391,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic loss per share | -0.12 | -0.13 | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per share | -0.12 | -0.13 | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 747,000 | 4,010,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recovery from related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of non-employee securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | -0.41 | 0.02 | 0.07 | -0.01 | 0.04 | -0.03 | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of software development costs and other intangibles | 4,563,750 | 5,738,000 | 5,627,000 | 6,890,000 | 4,504,000 | 4,666,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of business partner and non-employee securities | 19,000 | 143,000 | 117,000 | 142,000 | 452,000 | 648,000 | 362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition-related costs | 2,026,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recovery | 3,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 2,045,000 | 2,863,000 | 2,491,000 | 3,569,000 | 2,792,000 | 3,706,000 | 2,830,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction revenues with related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fully electronic transactions | 18,804,000 | 20,437,000 | 29,154,000 | 20,587,000 | 32,300,000 | 27,538,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voice-assisted brokerage transactions | 6,444,000 | 6,494,000 | 5,190,000 | 3,739,750 | 5,153,000 | 4,645,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
screen-assisted open outcry transactions | 403,000 | 407,000 | 158,000 | 105,000 | 128,000 | 243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total transaction revenues with related parties | 25,651,000 | 27,338,000 | 34,502,000 | 24,431,750 | 37,581,000 | 32,426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax provision | -2,407,000 | 14,846,000 | 9,799,250 | 16,315,000 | 13,502,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of software development costs | 2,396,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other occupancy and equipment costs | 6,073,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.125 | 0.18 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.12 | 0.17 | 0.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business interruption insurance proceeds from parent | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income from related parties | 563,000 |
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 | 2020-09-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-06-30 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 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 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2005-12-31 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-06-30 | 2003-12-31 | 2003-09-30 | 2003-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 780,984,000 | 851,502,000 | 774,940,000 | 827,844,000 | 966,357,000 | 711,584,000 | 563,467,000 | 571,659,000 | 566,791,000 | 655,641,000 | 559,587,000 | 526,293,000 | 493,496,000 | 484,989,000 | 473,344,000 | 496,489,000 | 509,206,000 | 553,598,000 | 450,830,000 | 420,302,000 | 574,384,000 | 492,303,000 | 455,016,000 | 415,379,000 | 413,951,000 | 399,429,000 | 331,668,000 | 336,535,000 | 364,399,000 | 398,469,000 | 462,042,000 | 428,852,000 | 502,024,000 | 448,515,000 | 427,558,000 | 456,116,000 | 461,207,000 | 364,013,000 | 411,068,000 | 558,192,000 | 639,018,000 | 757,949,000 | 1,070,342,000 | 338,414,000 | 388,409,000 | 310,526,000 | 369,713,000 | 432,316,000 | 400,539,000 | 364,104,000 | 314,073,000 | 341,410,000 | 389,268,000 | 469,301,000 | 423,419,000 | 349,773,000 | 300,874,000 | 281,000 | 17,555,000 | 38,051,000 | 11,141,000 | 3,624,000 | 5,333,000 | 21,838,000 | 94,149,000 | 37,495,000 | 37,070,000 | 20,567,000 | 12,960,000 | 19,884,000 | 216,985,000 | |||
cash segregated under regulatory requirements | 22,120,000 | 22,171,000 | 24,256,000 | 14,235,000 | 19,409,000 | 21,689,000 | 20,033,000 | 14,486,000 | 18,317,000 | 17,255,000 | 16,407,000 | 16,314,000 | 16,424,000 | 17,021,000 | 12,517,000 | 12,652,000 | 14,380,000 | 13,201,000 | 19,059,000 | 36,365,000 | 257,512,000 | 244,230,000 | 202,346,000 | 220,735,000 | 223,529,000 | 216,690,000 | 196,448,000 | 80,243,000 | 150,427,000 | 164,879,000 | 119,470,000 | 94,118,000 | 6,895,000 | 6,911,000 | 16,495,000 | 5,751,000 | 3,199,000 | 8,435,000 | 9,965,000 | 15,821,000 | 15,573,000 | 8,562,000 | 6,570,000 | 3,019,000 | 3,392,000 | 3,372,000 | 2,968,000 | 3,336,000 | 3,112,000 | 2,398,000 | 2,855,000 | 2,547,000 | 2,651,000 | 2,200,000 | 2,199,000 | 2,185,000 | 2,437,000 | |||||||||||||||||
financial instruments owned, at fair value | 97,406,000 | 127,614,000 | 149,779,000 | 139,470,000 | 179,730,000 | 186,197,000 | 211,026,000 | 193,988,000 | 48,905,000 | 45,792,000 | 45,453,000 | 40,519,000 | 41,302,000 | 39,319,000 | 38,446,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from broker-dealers, clearing organizations, customers and related broker-dealers | 1,832,901,000 | 468,035,000 | 1,899,691,000 | 951,387,000 | 1,279,425,000 | 365,490,000 | 1,172,822,000 | 1,062,588,000 | 1,517,757,000 | 350,036,000 | 1,175,253,000 | 1,262,933,000 | 1,852,062,000 | 559,680,000 | 2,196,110,000 | 2,359,053,000 | 2,379,937,000 | 782,446,000 | 1,818,893,000 | 1,455,333,000 | 1,822,549,000 | 1,140,121,000 | 2,302,726,000 | 551,445,000 | 3,469,098,000 | 2,273,726,000 | 2,007,606,000 | 941,866,000 | 2,770,378,000 | 1,731,288,000 | 1,647,686,000 | 1,678,145,000 | 497,557,000 | 1,763,834,000 | 2,022,920,000 | 1,704,582,000 | 812,240,000 | 1,119,812,000 | 1,001,541,000 | 812,844,000 | 1,383,984,000 | 1,192,754,000 | 1,431,962,000 | 1,192,519,000 | 297,688,000 | 598,610,000 | 192,053,000 | 748,850,000 | 569,200,000 | |||||||||||||||||||||||||
accrued commissions and other receivables | 612,506,000 | 482,013,000 | 526,319,000 | 526,742,000 | 401,539,000 | 324,213,000 | 362,036,000 | 358,657,000 | 348,228,000 | 305,793,000 | 320,521,000 | 320,516,000 | 330,544,000 | 288,471,000 | 296,994,000 | 308,881,000 | 341,658,000 | 296,423,000 | 322,250,000 | 338,313,000 | 854,761,000 | 689,045,000 | 820,887,000 | 778,415,000 | 535,553,000 | 602,279,000 | 596,126,000 | 516,091,000 | 885,597,000 | 798,848,000 | ||||||||||||||||||||||||||||||||||||||||||||
loans, forgivable loans and other receivables from employees and partners | 470,048,000 | 436,082,000 | 479,716,000 | 468,259,000 | 404,569,000 | 360,060,000 | 398,223,000 | 394,527,000 | 396,107,000 | 367,805,000 | 348,484,000 | 325,823,000 | 352,719,000 | 319,612,000 | 313,827,000 | 304,138,000 | 296,185,000 | 286,967,000 | 375,982,000 | 370,800,000 | 419,638,000 | 401,633,000 | 339,259,000 | 315,590,000 | 266,920,000 | 259,400,000 | 240,283,000 | 216,868,000 | 466,919,000 | 409,553,000 | 299,595,000 | 278,959,000 | 267,527,000 | 254,000,000 | 247,922,000 | 228,008,000 | 158,176,000 | 174,843,000 | 143,282,000 | 154,891,000 | 137,566,000 | 127,390,000 | 124,798,000 | 212,870,000 | 220,098,000 | 198,183,000 | 192,658,000 | 179,760,000 | 164,674,000 | 151,328,000 | 147,593,000 | 138,213,000 | ||||||||||||||||||||||
fixed assets | 181,034,000 | 182,080,000 | 192,579,000 | 189,526,000 | 189,474,000 | 190,012,000 | 188,193,000 | 182,887,000 | 176,786,000 | 178,300,000 | 176,399,000 | 182,624,000 | 181,059,000 | 183,478,000 | 182,079,000 | 181,942,000 | 186,456,000 | 190,112,000 | 199,349,000 | 204,531,000 | 211,233,000 | 218,654,000 | 203,015,000 | 204,841,000 | 195,380,000 | 179,324,000 | 169,599,000 | 157,169,000 | 216,131,000 | 210,462,000 | 175,737,000 | 167,385,000 | 165,867,000 | 155,340,000 | 148,018,000 | 145,378,000 | 145,873,000 | 147,261,000 | 114,367,000 | 116,645,000 | 119,745,000 | 131,263,000 | 132,203,000 | 139,548,000 | 141,109,000 | 135,568,000 | 136,068,000 | 129,233,000 | 133,291,000 | 133,428,000 | 136,248,000 | 134,379,000 | 136,859,000 | 132,966,000 | 134,120,000 | 133,760,000 | 135,433,000 | 60,627,000 | 61,257,000 | 60,680,000 | 53,064,000 | 57,483,000 | 57,207,000 | 56,732,000 | 56,412,000 | 58,291,000 | 56,849,000 | 54,380,000 | 50,605,000 | 44,012,000 | 28,563,000 | 26,038,000 | ||
investments | 48,376,000 | 37,765,000 | 38,963,000 | 43,573,000 | 41,644,000 | 39,267,000 | 43,208,000 | 40,954,000 | 40,233,000 | 38,314,000 | 35,718,000 | 40,031,000 | 38,810,000 | 38,575,000 | 36,295,000 | 37,507,000 | 36,108,000 | 33,039,000 | 30,782,000 | 33,400,000 | 40,004,000 | 40,169,000 | 38,966,000 | 40,349,000 | 35,969,000 | 36,661,000 | 36,708,000 | 35,403,000 | 164,892,000 | 167,759,000 | 35,122,000 | 33,397,000 | 33,439,000 | 42,709,000 | 42,117,000 | 41,111,000 | 33,813,000 | 33,233,000 | 18,554,000 | 21,065,000 | 15,522,000 | 19,436,000 | 21,727,000 | 23,168,000 | 25,556,000 | 34,283,000 | 20,367,000 | 21,783,000 | 23,998,000 | 25,107,000 | 19,987,000 | 21,018,000 | 22,134,000 | 23,173,000 | 25,451,000 | 26,513,000 | 25,287,000 | 859,000 | 26,944,000 | 9,415,000 | 8,700,000 | 9,012,000 | 7,802,000 | 7,780,000 | 7,776,000 | 7,787,000 | 7,742,000 | 12,504,000 | 12,673,000 | 12,709,000 | 12,355,000 | 11,476,000 | 11,402,000 | |
goodwill | 646,569,000 | 648,616,000 | 649,076,000 | 625,648,000 | 540,666,000 | 540,290,000 | 505,555,000 | 505,426,000 | 506,548,000 | 506,344,000 | 500,797,000 | 503,374,000 | 502,017,000 | 486,585,000 | 487,021,000 | 487,214,000 | 487,751,000 | 486,919,000 | 486,885,000 | 487,434,000 | 556,392,000 | 553,688,000 | 552,001,000 | 553,745,000 | 552,427,000 | 560,284,000 | 560,181,000 | 504,646,000 | 979,627,000 | 946,855,000 | 884,753,000 | 882,735,000 | 863,690,000 | 830,246,000 | 816,156,000 | 814,105,000 | 811,766,000 | 933,579,000 | 244,805,000 | 184,237,000 | 171,415,000 | 163,702,000 | 163,684,000 | 163,474,000 | 164,874,000 | 142,179,000 | 141,142,000 | 81,651,000 | 83,085,000 | 82,853,000 | 87,133,000 | 76,663,000 | 76,802,000 | 77,118,000 | 75,851,000 | 75,726,000 | 63,500,000 | 12,184,000 | 12,184,000 | 12,184,000 | 12,184,000 | 12,184,000 | 12,184,000 | 12,184,000 | 12,184,000 | 12,184,000 | 11,968,000 | 11,968,000 | 11,949,000 | |||||
other intangible assets | 420,432,000 | 427,950,000 | 435,536,000 | 445,771,000 | 235,957,000 | 240,910,000 | 197,400,000 | 201,823,000 | 206,355,000 | 211,285,000 | 196,532,000 | 200,461,000 | 204,553,000 | 192,783,000 | 196,550,000 | 200,237,000 | 204,110,000 | 207,747,000 | 212,048,000 | 219,291,000 | 281,571,000 | 291,339,000 | 302,424,000 | 303,224,000 | 308,500,000 | 310,751,000 | 319,101,000 | 298,779,000 | 293,980,000 | 298,109,000 | 316,049,000 | 329,095,000 | 247,723,000 | 219,059,000 | 223,758,000 | 228,493,000 | 233,967,000 | 337,189,000 | 24,747,000 | 17,219,000 | 17,741,000 | 19,379,000 | 20,644,000 | 19,854,000 | 20,320,000 | 16,299,000 | 16,994,000 | 11,528,000 | 12,952,000 | 13,603,000 | 11,651,000 | 12,297,000 | 13,083,000 | 13,912,000 | 14,451,000 | 15,456,000 | 16,240,000 | 5,523,000 | 5,578,000 | 5,984,000 | 5,981,000 | 6,203,000 | 6,949,000 | 8,479,000 | 14,922,000 | |||||||||
receivables from related parties | 5,108,000 | 5,006,000 | 9,080,000 | 10,529,000 | 5,813,000 | 7,323,000 | 5,458,000 | 1,557,000 | 5,254,000 | 2,717,000 | 6,083,000 | 9,002,000 | 4,135,000 | 1,444,000 | 6,276,000 | 8,378,000 | 6,398,000 | 5,237,000 | 6,124,000 | 7,890,000 | 6,919,000 | 14,246,000 | 6,589,000 | 14,273,000 | 9,094,000 | 6,279,000 | 11,229,000 | 7,748,000 | 6,864,000 | 6,602,000 | 8,970,000 | 8,166,000 | 6,967,000 | 2,663,000 | 8,231,000 | 23,257,000 | 15,466,000 | 11,054,000 | 8,371,000 | 10,877,000 | 7,865,000 | 1,255,000 | 12,408,000 | 19,758,000 | 21,655,000 | 6,829,000 | 5,754,000 | 10,953,000 | 5,248,000 | 4,958,000 | 10,936,000 | 12,850,000 | 14,161,000 | 14,459,000 | 10,847,000 | 14,642,000 | 29,102,000 | 4,313,000 | 4,633,000 | 8,627,000 | 1,630,000 | |||||||||||||
other assets | 741,326,000 | 723,155,000 | 645,216,000 | 649,058,000 | 619,893,000 | 604,932,000 | 564,306,000 | 550,643,000 | 544,371,000 | 496,655,000 | 477,024,000 | 453,797,000 | 467,150,000 | 463,014,000 | 431,627,000 | 450,955,000 | 441,178,000 | 445,233,000 | 452,841,000 | 461,379,000 | 485,837,000 | 450,007,000 | 447,156,000 | 446,371,000 | 464,018,000 | 472,138,000 | 485,792,000 | 246,937,000 | 406,188,000 | 381,641,000 | 301,879,000 | 294,837,000 | 287,141,000 | 318,922,000 | 319,420,000 | 311,037,000 | 290,687,000 | 376,467,000 | 187,615,000 | 198,634,000 | 206,134,000 | 118,195,000 | 118,954,000 | 109,491,000 | 101,536,000 | 92,531,000 | 87,655,000 | 85,640,000 | 72,284,000 | 68,705,000 | 72,775,000 | 57,307,000 | 50,987,000 | 65,789,000 | 54,399,000 | 54,549,000 | 58,161,000 | 2,223,000 | 19,242,000 | 12,716,000 | 13,862,000 | 12,732,000 | 12,286,000 | 13,725,000 | 13,231,000 | 15,831,000 | 8,581,000 | 8,144,000 | 8,373,000 | 7,455,000 | 2,687,000 | 2,707,000 | 6,776,000 | 3,817,000 |
total assets | 5,858,810,000 | 4,411,989,000 | 5,825,151,000 | 4,892,042,000 | 4,884,476,000 | 3,591,967,000 | 4,381,727,000 | 4,259,195,000 | 4,375,652,000 | 3,175,937,000 | 3,858,258,000 | 4,081,687,000 | 4,484,271,000 | 3,074,971,000 | 4,671,086,000 | 4,886,889,000 | 4,941,282,000 | 3,342,166,000 | 5,415,607,000 | 5,133,479,000 | 5,570,665,000 | 4,594,285,000 | 5,728,159,000 | 3,916,120,000 | 6,548,057,000 | 5,391,818,000 | 5,044,876,000 | 3,432,757,000 | 8,732,296,000 | 6,848,673,000 | 5,180,882,000 | 4,907,691,000 | 3,508,400,000 | 4,811,909,000 | 5,112,384,000 | 4,549,727,000 | 3,991,454,000 | 3,971,726,000 | 2,683,787,000 | 2,452,413,000 | 3,072,894,000 | 2,948,047,000 | 3,448,268,000 | 2,500,359,000 | 1,638,939,000 | 1,852,847,000 | 1,405,185,000 | 1,902,003,000 | 1,758,881,000 | 1,470,314,000 | 1,470,408,000 | 1,565,949,000 | 1,921,588,000 | 1,464,549,000 | 1,562,856,000 | 2,214,513,000 | 1,195,683,000 | 204,341,000 | 300,977,000 | 283,972,000 | 301,595,000 | 294,222,000 | 297,818,000 | 292,837,000 | 294,156,000 | 288,822,000 | 280,934,000 | 291,906,000 | 291,980,000 | 310,133,000 | 318,598,000 | 297,568,000 | 285,555,000 | 260,369,000 |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings from related parties | 20,000,000 | 275,000,000 | 80,000,000 | 130,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued compensation | 352,814,000 | 364,016,000 | 307,258,000 | 309,565,000 | 189,222,000 | 227,869,000 | 187,378,000 | 194,020,000 | 169,930,000 | 206,364,000 | 174,476,000 | 177,114,000 | 176,629,000 | 176,781,000 | 180,906,000 | 187,381,000 | 203,156,000 | 214,379,000 | 169,183,000 | 187,166,000 | 202,918,000 | 212,561,000 | 234,826,000 | 215,085,000 | 216,062,000 | 205,405,000 | 196,318,000 | 195,234,000 | 545,004,000 | 471,329,000 | 345,425,000 | 303,981,000 | 333,144,000 | 332,976,000 | 322,196,000 | 290,839,000 | 303,959,000 | 318,086,000 | 231,578,000 | 201,907,000 | 200,862,000 | 182,546,000 | 273,870,000 | 143,630,000 | 125,793,000 | 138,536,000 | 143,800,000 | 157,360,000 | 164,610,000 | 155,538,000 | 182,704,000 | 171,036,000 | 180,083,000 | 143,283,000 | 150,613,000 | 150,957,000 | 128,108,000 | |||||||||||||||||
payables to broker-dealers, clearing organizations, customers and related broker-dealers | 1,634,704,000 | 306,364,000 | 1,715,473,000 | 777,209,000 | 1,113,821,000 | 225,377,000 | 998,528,000 | 880,404,000 | 1,339,095,000 | 202,266,000 | 1,002,912,000 | 1,066,948,000 | 1,675,926,000 | 404,675,000 | 2,012,127,000 | 2,173,291,000 | 2,205,427,000 | 656,278,000 | 1,662,463,000 | 1,305,743,000 | 1,676,985,000 | 988,329,000 | 2,178,000,000 | 416,566,000 | 3,299,451,000 | 2,107,383,000 | 1,805,004,000 | 769,833,000 | 2,505,198,000 | 1,516,934,000 | 1,488,148,000 | 1,519,638,000 | 375,152,000 | 1,613,337,000 | 1,857,733,000 | 1,601,927,000 | 714,823,000 | 977,635,000 | 944,009,000 | 742,800,000 | 1,335,502,000 | 1,189,500,000 | 1,424,751,000 | 1,112,473,000 | 254,289,000 | 530,051,000 | 144,683,000 | 690,871,000 | 682,174,000 | |||||||||||||||||||||||||
payables to related parties | 32,334,000 | 28,599,000 | 1,741,000 | 835,000 | 53,722,000 | 28,960,000 | 15,359,000 | 38,242,000 | 57,531,000 | 17,456,000 | 14,574,000 | 669,000 | 2,918,000 | 10,550,000 | 78,362,000 | 90,491,000 | 77,898,000 | 53,764,000 | 93,560,000 | 79,920,000 | 47,501,000 | 45,750,000 | 8,511,000 | 72,497,000 | 97,836,000 | 66,743,000 | 38,132,000 | 40,155,000 | 67,816,000 | 77,620,000 | 39,349,000 | 18,297,000 | 28,976,000 | 16,831,000 | 23,650,000 | 45,043,000 | 21,551,000 | 38,873,000 | 7,178,000 | 19,264,000 | 19,842,000 | 31,958,000 | 41,228,000 | 52,723,000 | 40,700,000 | 32,488,000 | 19,667,000 | 8,378,000 | 4,174,000 | 10,262,000 | 3,872,000 | 8,103,000 | 23,604,000 | 64,169,000 | 46,702,000 | 68,322,000 | 61,268,000 | 16,091,000 | 5,472,000 | 4,099,000 | 2,292,000 | 7,113,000 | ||||||||||||
accounts payable, accrued and other liabilities | 790,047,000 | 771,963,000 | 821,873,000 | 777,915,000 | 696,120,000 | 692,982,000 | 694,736,000 | 657,389,000 | 664,264,000 | 668,189,000 | 627,194,000 | 623,803,000 | 688,801,000 | 683,104,000 | 619,367,000 | 632,825,000 | 637,678,000 | 679,254,000 | 627,994,000 | 652,366,000 | 1,435,951,000 | 1,197,615,000 | 1,191,856,000 | 1,283,046,000 | 985,413,000 | 1,055,082,000 | 1,058,877,000 | 754,819,000 | 1,067,516,000 | 1,022,681,000 | 900,841,000 | 817,595,000 | 599,046,000 | 636,188,000 | 568,623,000 | 546,533,000 | 692,639,000 | 567,863,000 | 383,840,000 | 373,869,000 | 359,825,000 | 312,557,000 | 446,619,000 | 254,255,000 | 260,462,000 | 248,270,000 | 250,552,000 | 240,264,000 | 273,883,000 | 256,023,000 | 238,261,000 | 222,221,000 | 278,427,000 | 256,452,000 | 200,728,000 | 185,601,000 | 169,744,000 | |||||||||||||||||
notes payable and other borrowings | 1,776,913,000 | 1,775,705,000 | 1,837,085,000 | 1,917,835,000 | 1,688,640,000 | 1,337,540,000 | 1,440,706,000 | 1,440,689,000 | 944,961,000 | 1,183,506,000 | 1,183,443,000 | 1,394,006,000 | 1,121,588,000 | 1,049,217,000 | 1,050,132,000 | 1,051,044,000 | 1,051,941,000 | 1,052,831,000 | 1,352,531,000 | 1,243,248,000 | 1,313,295,000 | 1,318,490,000 | 1,368,221,000 | 1,142,687,000 | 1,105,498,000 | 1,062,221,000 | 1,008,231,000 | 763,548,000 | 1,323,030,000 | 1,289,269,000 | ||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 4,586,812,000 | 3,266,647,000 | 4,683,430,000 | 3,783,359,000 | 3,741,525,000 | 2,512,728,000 | 3,338,669,000 | 3,217,325,000 | 3,450,781,000 | 2,277,781,000 | 3,002,599,000 | 3,262,540,000 | 3,667,830,000 | 2,326,244,000 | 3,943,757,000 | 4,139,750,000 | 4,187,832,000 | 2,660,090,000 | 4,711,771,000 | 4,324,552,000 | 4,680,254,000 | 3,768,380,000 | 4,988,746,000 | 3,148,745,000 | 5,723,958,000 | 4,515,443,000 | 4,141,090,000 | 2,544,877,000 | 6,791,867,000 | 5,134,203,000 | 4,009,977,000 | 3,715,059,000 | 2,302,085,000 | 3,568,443,000 | 3,904,428,000 | 3,324,811,000 | 2,691,739,000 | 2,841,449,000 | 1,981,937,000 | 1,750,671,000 | 2,325,854,000 | 2,139,551,000 | 2,610,273,000 | 2,009,583,000 | 1,132,688,000 | 1,347,642,000 | 904,218,000 | 1,436,802,000 | 1,314,544,000 | 1,045,272,000 | 1,050,777,000 | 1,154,553,000 | 1,528,224,000 | 1,026,651,000 | 1,117,704,000 | 1,762,587,000 | 747,782,000 | 16,091,000 | 65,852,000 | 50,101,000 | 57,433,000 | 44,756,000 | 40,966,000 | 37,662,000 | 43,225,000 | 38,102,000 | 34,830,000 | 39,395,000 | 31,217,000 | 39,919,000 | 23,839,000 | 25,883,000 | 30,435,000 | 22,824,000 |
commitments, contingencies and guarantees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock, par value 0.01 per share... | 4,513,000 | 4,449,000 | 4,402,000 | 4,364,000 | 4,314,000 | 4,244,000 | 4,189,000 | 4,153,000 | 4,103,000 | 4,036,000 | 3,972,000 | 5,086,000 | 4,878,000 | 4,719,000 | 4,643,000 | 4,518,000 | 4,455,000 | 4,359,000 | 4,260,000 | 4,169,000 | 3,858,000 | 3,658,000 | 3,616,000 | 3,584,000 | 3,528,000 | 3,484,000 | 3,439,000 | 3,417,000 | 3,438,000 | 3,410,000 | 2,997,000 | 2,967,000 | 2,925,000 | 2,895,000 | 2,861,000 | 2,807,000 | 2,559,000 | 2,497,000 | 2,170,000 | 2,120,000 | 2,091,000 | 1,980,000 | 1,544,000 | 1,489,000 | 1,419,000 | 1,228,000 | 1,152,000 | 1,102,000 | 923,000 | 881,000 | 858,000 | 814,000 | 724,000 | 707,000 | 695,000 | 649,000 | 617,000 | 380,000 | 368,000 | 365,000 | 365,000 | 364,000 | 364,000 | 362,000 | 303,000 | 300,000 | ||||||||
class b common stock, par value 0.01 per share... | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 1,095,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 459,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 348,000 | 258,000 | 258,000 | 258,000 | 258,000 | 264,000 | 264,000 | 264,000 | 291,000 | 301,000 | 195,000 | 205,000 | 205,000 | 205,000 | 205,000 | 205,000 | 205,000 | 211,000 | 254,000 | 254,000 | |||||||
additional paid-in capital | 2,587,661,000 | 2,532,497,000 | 2,460,423,000 | 2,403,039,000 | 2,348,207,000 | 2,311,104,000 | 2,223,773,000 | 2,166,717,000 | 2,162,454,000 | 2,105,130,000 | 2,059,436,000 | 2,667,812,000 | 2,604,259,000 | 2,559,418,000 | 2,527,199,000 | 2,499,393,000 | 2,481,408,000 | 2,451,135,000 | 2,421,098,000 | 2,367,458,000 | 2,365,750,000 | 2,317,706,000 | 2,293,065,000 | 2,271,947,000 | 2,243,889,000 | 2,228,854,000 | 2,210,033,000 | 2,208,221,000 | 2,116,514,000 | 2,104,898,000 | 1,520,627,000 | 1,495,859,000 | 1,466,586,000 | 1,448,601,000 | 1,413,245,000 | 1,380,354,000 | 1,109,000,000 | 1,018,902,000 | 801,494,000 | 772,501,000 | 762,809,000 | 729,184,000 | 717,066,000 | 583,791,000 | 575,381,000 | 515,127,000 | 489,369,000 | 478,205,000 | 393,184,000 | 366,827,000 | 348,010,000 | 328,147,000 | 295,996,000 | 292,881,000 | 288,345,000 | 269,443,000 | 269,641,000 | 314,955,000 | 313,238,000 | 302,555,000 | 301,741,000 | 300,732,000 | 299,682,000 | 299,943,000 | 298,274,000 | 294,987,000 | 294,635,000 | 294,281,000 | 294,115,000 | 290,420,000 | 287,593,000 | 280,040,000 | 273,028,000 | |
treasury stock | -617,013,000 | -614,526,000 | -545,663,000 | -503,751,000 | -355,084,000 | -331,728,000 | -281,476,000 | -217,097,000 | -137,455,000 | -67,414,000 | -40,335,000 | -753,331,000 | -715,081,000 | -711,454,000 | -690,633,000 | -648,500,000 | -623,734,000 | -623,734,000 | -513,963,000 | -406,701,000 | -318,864,000 | -315,313,000 | -315,308,000 | -315,308,000 | -315,308,000 | -315,210,000 | -315,210,000 | -314,240,000 | -313,427,000 | -312,909,000 | -297,378,000 | -293,555,000 | -288,743,000 | -277,443,000 | -267,703,000 | -261,832,000 | -212,331,000 | -206,767,000 | -179,506,000 | -157,821,000 | -136,238,000 | -114,397,000 | -110,219,000 | -110,090,000 | -110,090,000 | -110,090,000 | -109,870,000 | -109,753,000 | -109,682,000 | -109,627,000 | -109,603,000 | -107,127,000 | -103,127,000 | -89,756,000 | -89,756,000 | -89,756,000 | -88,540,000 | -62,597,000 | -62,597,000 | -62,597,000 | -62,597,000 | -62,597,000 | -62,597,000 | -62,132,000 | -62,132,000 | -62,486,000 | -53,409,000 | -45,582,000 | -33,972,000 | -2,094,000 | -2,094,000 | -2,094,000 | -2,094,000 | |
retained deficit | -835,965,000 | -910,391,000 | -915,108,000 | -933,214,000 | -981,052,000 | -1,026,359,000 | -1,041,840,000 | -1,046,827,000 | -1,074,819,000 | -1,119,182,000 | -1,134,204,000 | -1,146,350,000 | -1,122,827,000 | -1,138,066,000 | -1,136,566,000 | -1,138,628,000 | -1,149,657,000 | -1,171,919,000 | -1,244,718,000 | -1,211,870,000 | -1,226,187,000 | -1,237,657,000 | -1,277,956,000 | -1,241,754,000 | -1,176,741,000 | -1,124,860,000 | -1,090,585,000 | -1,105,019,000 | -798,717,000 | -860,107,000 | -415,053,000 | -385,435,000 | -358,526,000 | -309,544,000 | -326,018,000 | -297,816,000 | -273,492,000 | -306,513,000 | -223,901,000 | -204,812,000 | -186,291,000 | -146,218,000 | -145,835,000 | -160,066,000 | -147,452,000 | -96,122,000 | -80,726,000 | -62,518,000 | -28,721,000 | -23,616,000 | -22,125,000 | -15,610,000 | -11,390,000 | |||||||||||||||||||||
accumulated other comprehensive income | -40,418,000 | -40,641,000 | -39,832,000 | -41,071,000 | -53,696,000 | -59,849,000 | -45,634,000 | -49,908,000 | -43,270,000 | -38,582,000 | -45,819,000 | -41,128,000 | -43,522,000 | -45,431,000 | -53,083,000 | -46,456,000 | -37,123,000 | -40,548,000 | -36,232,000 | -30,605,000 | -32,284,000 | -39,405,000 | -44,082,000 | -33,102,000 | -33,652,000 | -26,390,000 | -23,553,000 | -24,465,000 | -21,553,000 | -19,374,000 | -13,001,000 | -17,774,000 | -23,199,000 | -19,976,000 | -20,743,000 | -19,073,000 | -25,056,000 | -16,252,000 | 6,196,000 | 532,000 | 24,000 | |||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,099,873,000 | 972,483,000 | 965,317,000 | 930,462,000 | 963,784,000 | 898,507,000 | 860,107,000 | 858,133,000 | 912,108,000 | 885,083,000 | 844,145,000 | 732,548,000 | 728,166,000 | 669,645,000 | 652,019,000 | 670,786,000 | 675,808,000 | 619,752,000 | 630,904,000 | 722,910,000 | 792,732,000 | 729,448,000 | 659,794,000 | 685,826,000 | 722,175,000 | 766,337,000 | 784,583,000 | 768,373,000 | 1,022,337,000 | 952,618,000 | 836,856,000 | 844,882,000 | 841,863,000 | 889,554,000 | 846,405,000 | 854,703,000 | 651,123,000 | 546,696,000 | 430,284,000 | 415,722,000 | 448,623,000 | 481,226,000 | 471,850,000 | 329,423,000 | 334,292,000 | 327,932,000 | 316,654,000 | 305,424,000 | 258,913,000 | 236,917,000 | 221,544,000 | 201,570,000 | 181,117,000 | 201,889,000 | 202,769,000 | 197,271,000 | 188,649,000 | 235,125,000 | 233,871,000 | 244,162,000 | 249,466,000 | 256,852,000 | 255,175,000 | |||||||||||
noncontrolling interest in subsidiaries | 172,125,000 | 172,859,000 | 176,404,000 | 178,221,000 | 179,167,000 | 180,732,000 | 182,951,000 | 183,737,000 | 12,763,000 | 13,073,000 | 11,514,000 | 86,599,000 | 72,852,000 | 63,563,000 | 59,325,000 | 59,907,000 | 59,856,000 | 43,563,000 | 54,261,000 | 66,435,000 | 77,690,000 | 73,177,000 | 56,162,000 | 57,911,000 | 77,364,000 | 85,109,000 | 94,063,000 | 94,801,000 | 867,822,000 | 714,736,000 | 282,574,000 | 295,917,000 | 311,875,000 | 297,471,000 | 306,089,000 | 314,764,000 | 591,447,000 | 179,267,000 | 210,533,000 | 217,954,000 | 231,420,000 | 249,435,000 | 286,771,000 | 82,462,000 | 93,120,000 | 95,194,000 | 98,044,000 | 72,465,000 | 88,513,000 | 94,939,000 | 106,154,000 | 113,336,000 | 110,689,000 | 132,189,000 | 138,466,000 | 143,715,000 | 146,393,000 | |||||||||||||||||
total equity | 1,271,998,000 | 1,145,342,000 | 1,141,721,000 | 1,108,683,000 | 1,142,951,000 | 1,079,239,000 | 1,043,058,000 | 1,041,870,000 | 924,871,000 | 898,156,000 | 855,659,000 | 819,147,000 | 801,018,000 | 733,208,000 | 711,344,000 | 730,693,000 | 735,664,000 | 663,315,000 | 685,165,000 | 789,345,000 | 870,422,000 | 802,625,000 | 715,956,000 | 743,737,000 | 799,539,000 | 851,446,000 | 878,646,000 | 863,174,000 | 1,890,159,000 | 1,667,354,000 | 1,119,430,000 | 1,140,799,000 | 1,153,738,000 | 1,187,025,000 | 1,152,494,000 | 1,169,467,000 | 1,242,570,000 | 725,963,000 | 640,817,000 | 633,676,000 | 680,043,000 | 730,661,000 | 758,621,000 | 411,885,000 | 427,412,000 | 423,126,000 | 414,698,000 | 377,889,000 | 347,426,000 | 331,856,000 | 327,698,000 | 314,906,000 | 291,806,000 | 334,078,000 | 341,235,000 | 340,986,000 | 335,042,000 | |||||||||||||||||
total liabilities and equity | 5,858,810,000 | 4,411,989,000 | 5,825,151,000 | 4,892,042,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable partnership interest, and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable partnership interest, and equity | 4,884,476,000 | 3,591,967,000 | 4,381,727,000 | 4,259,195,000 | 4,375,652,000 | 3,175,937,000 | 3,858,258,000 | 4,081,687,000 | 4,484,271,000 | 3,074,971,000 | 4,671,086,000 | 4,886,889,000 | 4,941,282,000 | 3,342,166,000 | 5,415,607,000 | 5,133,479,000 | 5,570,665,000 | 4,594,285,000 | 5,728,159,000 | 3,916,120,000 | 6,548,057,000 | 5,391,818,000 | 5,044,876,000 | 3,432,757,000 | 8,732,296,000 | 6,848,673,000 | 5,180,882,000 | 4,907,691,000 | 3,508,400,000 | 4,811,909,000 | 5,112,384,000 | 3,991,454,000 | 2,683,787,000 | 2,452,413,000 | 3,072,894,000 | 2,948,047,000 | 3,448,268,000 | 2,500,359,000 | 1,638,939,000 | 1,852,847,000 | 1,405,185,000 | 1,902,003,000 | 1,758,881,000 | 1,470,314,000 | 1,470,408,000 | 1,565,949,000 | 1,921,588,000 | 1,464,549,000 | 1,562,856,000 | 2,214,513,000 | 1,195,683,000 | |||||||||||||||||||||||
loan receivable from related parties | 150,000,000 | 180,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase agreements | 1,962,000 | 6,581,000 | 1,013,000 | 900,000 | 7,511,000 | 2,997,000 | 94,000 | 2,089,000 | 512,000 | 1,895,000 | 1,100,000 | 4,327,000 | 986,000 | 198,000 | 3,108,000 | 4,869,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings | 1,968,000 | 1,917,000 | 1,850,000 | 3,818,000 | 4,221,000 | 3,584,000 | 3,677,000 | 5,997,000 | 3,510,000 | 3,546,000 | 3,847,000 | 4,962,000 | 4,803,000 | 5,219,000 | 5,133,000 | 5,162,000 | 4,995,000 | 5,187,000 | 150,000,000 | 60,000,000 | 13,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable partnership interest | 15,423,000 | 15,519,000 | 15,985,000 | 16,446,000 | 17,786,000 | 18,761,000 | 18,671,000 | 19,582,000 | 19,989,000 | 23,280,000 | 23,457,000 | 23,638,000 | 24,560,000 | 24,929,000 | 25,140,000 | 24,706,000 | 50,270,000 | 47,116,000 | 51,475,000 | 51,833,000 | 52,577,000 | 56,441,000 | 55,462,000 | 55,449,000 | 57,145,000 | 58,976,000 | 61,033,000 | 68,066,000 | 66,997,000 | 77,835,000 | 79,374,000 | 78,891,000 | 78,839,000 | 82,079,000 | 86,269,000 | 87,312,000 | 96,911,000 | 93,186,000 | 91,933,000 | 96,490,000 | 101,558,000 | 103,820,000 | 103,917,000 | 110,940,000 | 112,859,000 | |||||||||||||||||||||||||||||
reverse repurchase agreements | 200,000,000 | 54,659,000 | 49,063,000 | 49,999,000 | 47,059,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities owned | 39,150,000 | 37,513,000 | 40,838,000 | 37,430,000 | 49,222,000 | 59,527,000 | 58,547,000 | 57,529,000 | 57,525,000 | 60,398,000 | 62,085,000 | 60,146,000 | 58,408,000 | 75,911,000 | 57,414,000 | 33,743,000 | 34,088,000 | 35,357,000 | 212,056,000 | 318,580,000 | 32,767,000 | 32,361,000 | 32,467,000 | 36,928,000 | 35,779,000 | 36,541,000 | 32,153,000 | 32,016,000 | 32,150,000 | 32,003,000 | 38,235,000 | 16,282,000 | 16,473,000 | 11,019,000 | 11,096,000 | 3,144,000 | 1,587,000 | 2,124,000 | 1,443,000 | 627,654,000 | 4,801,000 | |||||||||||||||||||||||||||||||||
marketable securities | 293,000 | 402,000 | 406,000 | 348,000 | 360,000 | 338,000 | 303,000 | 245,000 | 14,228,000 | 13,220,000 | 12,772,000 | 29,989,000 | 32,064,000 | 152,485,000 | 78,109,000 | 169,241,000 | 163,208,000 | 164,820,000 | 179,904,000 | 152,995,000 | 191,697,000 | 650,400,000 | 48,278,000 | 176,679,000 | 50,260,000 | 41,653,000 | 36,935,000 | 291,000 | 1,238,000 | 2,279,000 | 3,278,000 | 4,600,000 | 4,231,000 | 3,693,000 | 1,534,000 | 1,510,000 | 1,565,000 | 1,498,000 | 1,106,000 | 2,353,000 | 2,393,000 | 2,357,000 | 2,209,000 | |||||||||||||||||||||||||||||||
assets held for sale | 1,002,786,000 | 1,048,859,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 799,366,000 | 850,112,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities loaned | 2,973,000 | 13,902,000 | 13,000,000 | 12,290,000 | 25,068,000 | 15,140,000 | 66,318,000 | 77,504,000 | 95,327,000 | 87,293,000 | 117,890,000 | 47,792,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent class a common stock | 35,734,000 | 36,352,000 | 38,316,000 | 42,472,000 | 42,472,000 | 44,673,000 | 44,415,000 | 49,915,000 | 50,095,000 | 54,481,000 | 23,483,000 | 9,367,000 | 11,713,000 | 15,791,000 | 15,791,000 | 18,868,000 | 18,868,000 | 19,763,000 | 20,133,000 | 3,171,000 | 3,171,000 | 3,171,000 | 4,806,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 260,592,000 | 258,677,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for sale, at fair value | 1,132,665,000 | 547,968,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage servicing rights | 405,241,000 | 392,040,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warehouse notes payable | 1,131,792,000 | 540,571,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued commissions receivable | 576,595,000 | 514,706,000 | 374,734,000 | 377,750,000 | 368,214,000 | 367,425,000 | 342,299,000 | 384,858,000 | 299,059,000 | 275,949,000 | 277,402,000 | 268,634,000 | 263,897,000 | 246,094,000 | 222,299,000 | 233,087,000 | 222,293,000 | 177,221,000 | 173,770,000 | 132,885,000 | 150,100,000 | 140,917,000 | 145,819,000 | 108,495,000 | 123,670,000 | 127,477,000 | 129,628,000 | |||||||||||||||||||||||||||||||||||||||||||||||
loan receivables from related parties | 150,000,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable and collateralized borrowings | 990,887,000 | 963,386,000 | 965,767,000 | 969,111,000 | 1,132,226,000 | 838,635,000 | 840,877,000 | 841,200,000 | 260,348,000 | 259,148,000 | 257,957,000 | 272,990,000 | 273,805,000 | 296,502,000 | 301,444,000 | 188,297,000 | 181,916,000 | 336,671,000 | 185,560,000 | 189,258,000 | 177,052,000 | 164,672,000 | 166,144,000 | 167,586,000 | 169,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold, not yet purchased | 1,834,000 | 4,984,000 | 3,683,000 | 1,866,000 | 61,000 | 39,000 | 11,000 | 2,121,000 | 1,151,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable partnership and noncontrolling interests, and equity | 4,549,727,000 | 3,971,726,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities borrowed | 237,000 | 6,806,000 | 2,735,000 | 70,440,000 | 17,362,000 | 51,452,000 | 81,401,000 | 32,926,000 | 35,035,000 | 54,116,000 | 23,734,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable to related parties | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable partnership and noncontrolling interests, and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term borrowings | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 345,338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -5,981,000 | -5,809,000 | -5,462,000 | -6,845,000 | -4,917,000 | -4,182,000 | -2,322,000 | -3,752,000 | -5,131,000 | -220,000 | -977,000 | -660,000 | -4,912,000 | -1,350,000 | -36,000 | -1,462,000 | -3,408,000 | -61,000 | -88,000 | -20,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable | 25,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 3,258,000 | 4,082,000 | 4,714,000 | 6,722,000 | 8,235,000 | 9,162,000 | 9,805,000 | 11,252,000 | 12,107,000 | 12,896,000 | 18,674,000 | 6,852,000 | 7,069,000 | 7,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from brokers, dealers, clearing organizations, customers and related broker-dealers | 474,269,000 | 427,301,000 | 589,162,000 | 894,692,000 | 413,980,000 | 545,947,000 | 600,850,000 | 250,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable partnership interest, and total equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables to brokers, dealers, clearing organizations, customers and related broker-dealers | 429,477,000 | 442,166,000 | 580,286,000 | 870,765,000 | 385,345,000 | 537,288,000 | 1,195,600,000 | 224,615,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
forgivable loans and other receivables from employees and partners | 135,459,000 | 138,113,000 | 98,329,000 | 103,263,000 | 90,634,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reverse repurchase agreements with related parties | 3,126,000 | 26,071,000 | 63,011,000 | 1,240,000 | 59,806,000 | 92,326,000 | 184,897,000 | 187,231,000 | 166,009,000 | 96,972,000 | 140,666,000 | 141,365,000 | 161,592,000 | 176,704,000 | 189,804,000 | 205,483,000 | 195,074,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities owned: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities pledged as collateral | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities unencumbered | 2,553,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained (deficit) earnings | -2,171,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 2,689,000 | 18,106,000 | 10,038,000 | -17,282,000 | 3,722,000 | 9,728,000 | 18,168,000 | 17,521,000 | 14,273,000 | 14,775,000 | 14,631,000 | 12,468,000 | 13,927,000 | 12,587,000 | 6,476,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured loan receivable from related party | 65,000,000 | 80,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in subsidiaries | 196,665,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ and members’ equity | 188,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 204,341,000 | 300,977,000 | 283,972,000 | 301,595,000 | 294,222,000 | 297,818,000 | 292,837,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents | 18,795,000 | 97,857,000 | 103,467,000 | 188,521,000 | 192,564,000 | 187,847,000 | 191,121,000 | 178,161,000 | 178,435,000 | 182,159,000 | 189,664,000 | 209,688,000 | 239,598,000 | 198,648,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan receivable from related party | 115,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities owned, at fair value | 2,267,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from related parties | 40,395,000 | 17,612,000 | 14,325,000 | 10,371,000 | 7,087,000 | 7,145,000 | 4,345,000 | 6,061,000 | 1,125,000 | 1,518,000 | 2,467,000 | 817,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payable to related parties | 11,838,000 | 10,154,000 | 9,457,000 | 6,666,000 | 10,105,000 | 7,751,000 | 7,588,000 | 4,447,000 | 3,557,000 | 6,323,000 | 3,546,000 | 3,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 35,340,000 | 33,095,000 | 40,907,000 | 30,613,000 | 26,890,000 | 25,836,000 | 30,473,000 | 26,619,000 | 19,649,000 | 27,146,000 | 21,019,000 | 24,795,000 | 20,282,000 | 19,560,000 | 26,889,000 | 19,671,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 47,178,000 | 43,249,000 | 50,364,000 | 37,279,000 | 36,995,000 | 33,587,000 | 35,945,000 | 30,718,000 | 27,237,000 | 31,593,000 | 23,311,000 | 31,908,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -17,808,000 | -13,263,000 | -21,820,000 | -31,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income | 3,971,000 | 4,075,000 | 7,280,000 | 7,384,000 | 7,593,000 | 7,802,000 | 7,906,000 | 8,011,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned stock-based compensation | -1,720,000 | -763,000 | -1,592,000 | -2,427,000 | -3,080,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 250,931,000 | 250,720,000 | 246,104,000 | 252,511,000 | 260,763,000 | 270,214,000 | 294,759,000 | 271,685,000 | 255,120,000 | 237,545,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 294,156,000 | 288,822,000 | 280,934,000 | 291,906,000 | 291,980,000 | 310,133,000 | 318,598,000 | 297,568,000 | 285,555,000 | 260,369,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangibles | 9,820,000 | 11,356,000 | 16,097,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; 35,541,521 and 34,387,380 shares issued at june 30, 2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2005, respectively | 355,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock | 343,000 | 343,000 | 343,000 | 343,000 | 324,000 | 310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock | 221,000 | 221,000 | 221,000 | 221,000 | 239,000 | 251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 14,221,000 | 18,821,000 | 18,927,000 | 19,288,000 | 19,647,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.01 per share... | 80,000 | 80,000 | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned stock based compensation | -1,747,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash & cash equivalents | 34,115,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unamortized expense of business partner and non-employee securities | -606,000 | -1,192,000 | -1,643,000 | -2,241,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents. | 228,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net. | 34,467,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments. | 11,449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash | 3,574,000 |
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 | 2020-03-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-03-31 | 2011-12-31 | 2011-03-31 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2007-12-31 | 2007-03-31 | 2005-06-30 | 2005-03-31 | 2003-12-31 | 2003-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | 83,464,000 | 10,833,000 | 26,062,000 | 56,215,000 | 53,429,000 | 23,299,000 | 13,713,000 | 37,175,000 | 49,041,000 | 21,263,000 | 18,552,000 | -22,210,000 | 21,170,000 | 3,598,000 | 8,225,000 | 16,343,000 | 30,701,000 | 88,793,000 | -17,271,000 | 22,841,000 | 59,125,000 | 21,032,000 | 162,304,000 | 28,953,000 | 22,092,000 | 16,888,000 | 74,266,000 | 20,563,000 | 16,291,000 | 11,129,000 | 11,315,000 | 10,502,000 | 31,988,000 | 129,540,000 | 10,602,000 | 11,710,000 | 6,917,000 | 17,138,000 | 12,811,000 | -10,953,000 | 7,093,000 | 4,745,000 | 14,681,000 | 14,294,000 | |||||||||||
adjustments to reconcile consolidated net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed asset depreciation and intangible asset amortization | 25,756,000 | 28,119,000 | 27,441,000 | 25,879,000 | 21,870,000 | 20,689,000 | 19,895,000 | 20,214,000 | 20,636,000 | 20,300,000 | 21,864,000 | 19,194,000 | 19,059,000 | 19,268,000 | 18,632,000 | 18,755,000 | 18,399,000 | 18,324,000 | 20,640,000 | 21,255,000 | 21,655,000 | 21,923,000 | 22,636,000 | 21,319,000 | 19,388,000 | 19,033,000 | 18,413,000 | 18,984,000 | 19,468,000 | 11,163,000 | 10,789,000 | 10,819,000 | 10,666,000 | 12,284,000 | 12,569,000 | 12,515,000 | 13,078,000 | 12,144,000 | 12,793,000 | 12,744,000 | 13,504,000 | 13,185,000 | 13,207,000 | 13,078,000 | 13,717,000 | 14,593,000 | |||||||||
employee loan amortization and reserves on employee loans | 22,475,000 | 79,233,000 | 24,873,000 | 18,859,000 | 17,349,000 | 14,661,000 | 15,429,000 | 14,555,000 | 14,768,000 | 15,668,000 | 10,178,000 | 11,567,000 | 13,900,000 | 14,450,000 | 10,696,000 | 14,493,000 | 9,894,000 | 171,909,000 | 11,059,000 | 19,126,000 | 15,561,000 | 14,551,000 | 6,945,000 | 8,717,000 | 7,168,000 | 11,143,000 | 23,659,000 | 10,538,000 | 10,459,000 | 7,133,000 | 7,194,000 | 7,090,000 | |||||||||||||||||||||||
equity-based compensation and allocations of net income to limited partnership units | 83,441,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation expense | 775,000 | 233,000 | 243,000 | 227,000 | 59,000 | 14,000 | 10,000 | 11,000 | 16,000 | 16,000 | 18,000 | 9,000 | 11,000 | -617,000 | 13,000 | 32,000 | 30,000 | 26,000 | 32,000 | 161,000 | 128,000 | 187,000 | 1,330,000 | 2,431,000 | 3,777,000 | 2,687,000 | 3,507,000 | 3,838,000 | 5,942,000 | ||||||||||||||||||||||||||
losses on equity method investments | -4,585,000 | -1,301,000 | -2,290,000 | -2,379,000 | -2,358,000 | -1,536,000 | -2,360,000 | -2,732,000 | -1,802,000 | -2,584,000 | -2,094,000 | -2,412,000 | -2,062,000 | -2,158,000 | -3,230,000 | -2,729,000 | -2,803,000 | -2,035,000 | -1,816,000 | -1,323,000 | -1,532,000 | -1,023,000 | -1,344,000 | -1,602,000 | -237,000 | -1,802,000 | -683,000 | 2,640,000 | 1,288,000 | 2,275,000 | |||||||||||||||||||||||||
unrealized/realized losses on financial instruments owned, at fair value and other investments | -2,641,000 | -7,218,000 | 155,000 | -110,000 | -665,000 | 192,000 | -1,700,000 | -106,000 | -36,963,000 | -5,320,000 | -472,000 | 61,000 | 1,325,000 | -226,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of discount (premium) on notes payable | 1,248,000 | 856,000 | 1,441,000 | 1,433,000 | 1,100,000 | 900,000 | 882,000 | -1,287,000 | 791,000 | 954,000 | 804,000 | 1,049,000 | 855,000 | 702,000 | 703,000 | 696,000 | 700,000 | 754,000 | 871,000 | 986,000 | 981,000 | 1,098,000 | 3,907,000 | -637,000 | -628,000 | -1,607,000 | |||||||||||||||||||||||||||||
impairment of fixed assets, intangible assets and investments | 101,000 | 1,125,000 | 65,000 | 1,231,000 | 372,000 | 295,000 | 173,000 | 69,000 | 209,000 | 131,000 | 246,000 | 997,000 | 1,770,000 | 571,000 | 342,000 | 3,106,000 | 2,120,000 | 7,353,000 | 628,000 | 1,256,000 | 2,009,000 | 7,253,000 | 668,000 | ||||||||||||||||||||||||||||||||
deferred tax provision | 1,707,000 | -19,194,000 | 1,516,000 | -876,000 | 3,515,000 | -66,667,000 | 1,580,000 | -4,065,000 | -602,000 | -37,878,000 | -17,144,000 | -6,662,000 | 1,128,000 | -16,653,000 | 1,372,000 | -856,000 | 1,509,000 | -6,963,000 | -583,000 | -4,051,000 | -350,000 | 786,000 | 2,627,000 | -1,612,000 | 4,587,000 | 24,670,000 | -50,244,000 | -4,907,000 | -2,764,000 | -4,084,000 | 564,000 | 552,000 | |||||||||||||||||||||||
change in estimated acquisition earn-out payables | 1,169,000 | 685,000 | 429,000 | 2,440,000 | 1,423,000 | 647,000 | 754,000 | -96,000 | -159,000 | 719,000 | 110,000 | -61,000 | 674,000 | 1,550,000 | -62,000 | -678,000 | 224,000 | 2,272,000 | 74,000 | 837,000 | 1,102,000 | -1,141,000 | -1,029,000 | -2,728,000 | -1,042,000 | ||||||||||||||||||||||||||||||
forfeitures of class a common stock | -95,000 | -376,000 | 0 | -63,000 | -89,000 | -77,000 | -136,000 | -66,000 | -786,000 | -394,000 | 0 | -747,000 | -49,000 | -75,000 | -171,000 | 0 | -223,000 | 0 | -275,000 | ||||||||||||||||||||||||||||||||||||
other | -104,000 | 7,501,000 | 29,829,000 | 0 | -2,737,000 | 43,000 | 780,000 | -737,000 | -2,244,000 | -882,000 | -1,052,000 | -1,000 | -556,000 | 0 | 0 | 23,000 | -414,000 | 0 | -171,000 | -145,000 | 225,000 | -537,000 | 393,000 | 2,123,000 | -1,289,000 | -478,000 | -592,000 | 287,000 | 501,000 | ||||||||||||||||||||||||||
consolidated net income, adjusted for non-cash and non-operating items | 212,711,000 | 124,564,000 | 154,382,000 | 186,782,000 | 171,328,000 | 82,064,000 | 137,092,000 | 129,879,000 | 141,230,000 | 90,968,000 | 101,330,000 | 127,429,000 | 139,154,000 | 110,771,000 | 94,757,000 | 93,647,000 | 119,294,000 | 52,727,000 | 89,514,000 | 118,232,000 | 131,133,000 | 106,621,000 | -435,664,000 | 107,156,000 | 120,742,000 | 142,101,000 | 35,692,000 | 89,142,000 | 86,033,000 | 39,183,000 | 55,650,000 | 74,294,000 | |||||||||||||||||||||||
decrease in operating assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial instruments owned, at fair value | 31,768,000 | 21,568,000 | -9,915,000 | 41,128,000 | 7,700,000 | 23,281,000 | -16,716,000 | -146,474,000 | -3,524,000 | 87,000 | -5,363,000 | 1,364,000 | -1,563,000 | -593,000 | |||||||||||||||||||||||||||||||||||||||||
receivables from broker-dealers, clearing organizations, customers and related broker-dealers | -1,364,336,000 | 1,430,950,000 | -948,031,000 | 331,803,000 | -912,230,000 | 802,975,000 | -108,742,000 | 453,442,000 | -1,169,259,000 | 827,266,000 | 85,833,000 | 590,715,000 | -1,291,324,000 | 1,639,105,000 | 160,107,000 | 16,104,000 | -1,592,749,000 | 1,034,707,000 | -365,966,000 | 367,517,000 | -1,518,927,000 | -1,753,696,000 | -993,817,000 | 30,798,000 | -1,178,874,000 | 1,271,436,000 | 259,412,000 | -318,058,000 | -889,830,000 | -189,639,000 | 571,519,000 | -1,033,649,000 | 240,175,000 | -238,819,000 | -895,254,000 | -413,452,000 | 558,318,000 | -94,602,000 | |||||||||||||||||
accrued commissions receivable | -131,305,000 | 41,301,000 | 184,000 | -31,134,000 | -76,159,000 | 34,485,000 | -1,341,000 | -10,769,000 | -43,178,000 | 21,098,000 | -771,000 | 10,270,000 | -36,347,000 | 10,368,000 | 10,281,000 | 31,020,000 | -45,382,000 | -20,431,000 | 79,730,000 | -45,568,000 | -115,045,000 | -59,682,000 | -55,839,000 | -22,306,000 | 20,173,000 | 5,822,000 | -865,000 | -24,589,000 | 1,327,000 | 7,118,000 | -11,176,000 | -3,825,000 | -24,061,000 | -23,988,000 | -11,131,000 | 39,497,000 | -39,620,000 | ||||||||||||||||||
loans, forgivable loans and other receivables from employees and partners | -53,305,000 | -10,036,000 | -30,572,000 | -61,820,000 | -51,405,000 | 29,041,000 | -6,558,000 | -11,183,000 | -31,357,000 | -29,939,000 | -23,844,000 | 20,923,000 | -44,604,000 | -9,486,000 | -17,018,000 | -18,101,000 | -16,600,000 | -12,750,000 | -13,421,000 | 18,801,000 | -31,201,000 | -34,183,000 | -64,453,000 | -29,411,000 | -16,984,000 | 2,685,000 | -29,686,000 | -30,426,000 | -80,089,000 | 4,143,000 | -24,394,000 | -1,696,000 | -10,049,000 | -20,455,000 | -2,446,000 | -12,797,000 | -17,349,000 | -21,867,000 | |||||||||||||||||
receivables from related parties | 206,000 | 4,078,000 | 1,310,000 | -5,768,000 | 921,000 | -996,000 | -4,306,000 | 3,638,000 | -2,226,000 | 3,190,000 | 3,021,000 | -4,974,000 | -2,617,000 | 5,143,000 | 2,130,000 | -1,478,000 | -2,174,000 | 3,628,000 | 1,533,000 | -653,000 | 3,869,000 | 9,004,000 | -467,000 | -774,000 | -3,325,000 | -10,477,000 | 5,935,000 | 15,222,000 | -7,613,000 | 3,042,000 | -3,405,000 | 6,882,000 | 10,354,000 | -4,695,000 | 2,338,000 | -786,000 | 2,932,000 | -901,000 | 1,630,000 | ||||||||||||||||
other assets | 11,852,000 | 51,805,000 | -47,829,000 | -29,513,000 | -18,697,000 | 14,280,000 | -21,049,000 | 10,339,000 | -14,244,000 | 13,455,000 | 8,241,000 | 198,000 | -2,091,000 | 2,360,000 | -951,000 | -4,586,000 | -5,292,000 | 16,952,000 | -5,454,000 | -7,286,000 | -2,669,000 | 7,698,000 | -9,844,000 | -4,309,000 | -3,850,000 | 3,280,000 | 25,122,000 | -3,548,000 | -12,408,000 | 7,784,000 | 9,193,000 | -30,416,000 | 2,231,000 | -12,670,000 | -7,134,000 | -5,658,000 | 8,061,000 | -2,737,000 | 4,869,000 | 193,000 | 1,548,000 | -1,023,000 | 945,000 | 991,000 | |||||||||||
increase in operating liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued compensation | -14,200,000 | 54,480,000 | -6,365,000 | 35,995,000 | -40,856,000 | 42,920,000 | -9,020,000 | 23,046,000 | -37,343,000 | 25,352,000 | -2,171,000 | 566,000 | -5,297,000 | -1,837,000 | -1,954,000 | -13,023,000 | -8,364,000 | 42,750,000 | -7,790,000 | -1,098,000 | -15,873,000 | 22,413,000 | 31,321,000 | 22,371,000 | -54,946,000 | -27,485,000 | -19,028,000 | 14,239,000 | -26,896,000 | -8,449,000 | -2,503,000 | 7,797,000 | -4,077,000 | 16,392,000 | 9,334,000 | -9,424,000 | -66,498,000 | 418,000 | |||||||||||||||||
payables to broker-dealers, clearing organizations, customers and related broker-dealers | 1,328,119,000 | -1,409,101,000 | 938,262,000 | -336,643,000 | 888,421,000 | -773,028,000 | 118,084,000 | -458,600,000 | 1,136,863,000 | -801,231,000 | -63,363,000 | -609,868,000 | 1,270,560,000 | -1,607,851,000 | -160,651,000 | -30,409,000 | 1,546,421,000 | -1,006,333,000 | 357,248,000 | -371,065,000 | 1,497,233,000 | 1,760,191,000 | 988,269,000 | -31,823,000 | 1,140,919,000 | -1,238,052,000 | -244,389,000 | 255,753,000 | 886,130,000 | 201,408,000 | -592,707,000 | 1,031,984,000 | -235,256,000 | 311,895,000 | 858,278,000 | 390,955,000 | -546,192,000 | 248,496,000 | |||||||||||||||||
payables to related parties | 3,735,000 | 26,858,000 | 906,000 | -52,887,000 | 24,762,000 | 13,601,000 | -22,883,000 | -19,289,000 | 40,075,000 | 14,902,000 | 13,192,000 | 3,271,000 | -7,220,000 | -68,471,000 | -11,642,000 | 12,379,000 | 23,952,000 | -40,477,000 | 16,480,000 | 31,398,000 | 11,195,000 | -59,153,000 | -9,804,000 | 21,052,000 | -10,679,000 | 11,226,000 | -6,898,000 | -21,223,000 | 23,326,000 | -11,652,000 | -642,000 | 4,335,000 | -9,371,000 | -11,148,000 | 12,006,000 | 12,812,000 | 11,289,000 | -6,088,000 | -4,821,000 | ||||||||||||||||
accounts payable, accrued and other liabilities | -5,054,000 | -156,052,000 | 89,528,000 | -6,704,000 | 7,054,000 | -14,773,000 | 28,378,000 | -33,560,000 | 11,055,000 | 8,354,000 | -3,208,000 | -45,577,000 | 5,836,000 | 13,929,000 | 2,140,000 | -12,369,000 | -41,541,000 | 46,701,000 | -58,374,000 | 33,255,000 | 85,337,000 | -60,259,000 | -12,000 | 81,802,000 | -358,000 | -72,910,000 | 83,069,000 | 21,146,000 | -37,122,000 | 5,318,000 | 4,199,000 | -35,083,000 | -129,240,000 | 193,163,000 | 872,000 | 6,854,000 | -5,064,000 | 16,763,000 | |||||||||||||||||
net cash from operating activities | 20,191,000 | 180,415,000 | 141,860,000 | 71,239,000 | 839,000 | 251,888,000 | 88,320,000 | -52,950,000 | 28,092,000 | 173,502,000 | 312,897,000 | -105,683,000 | 24,487,000 | 92,425,000 | 77,969,000 | 63,851,000 | -9,883,000 | 111,064,000 | 107,806,000 | 154,124,000 | 44,191,000 | -71,594,000 | -563,898,000 | 123,875,000 | 109,148,000 | 224,027,000 | 231,159,000 | -277,073,000 | -202,077,000 | 51,667,000 | 29,094,000 | 64,000 | 42,535,000 | 52,507,000 | 7,517,000 | -11,789,000 | 48,052,000 | 63,235,000 | -7,601,000 | -23,289,000 | 225,485,000 | 63,250,000 | 52,659,000 | 33,219,000 | 119,865,000 | -22,909,000 | -10,963,000 | 13,725,000 | 7,418,000 | 1,133,000 | 13,311,000 | 24,014,000 | |||
capital expenditures | 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 | |||
free cash flows | 20,191,000 | 180,415,000 | 141,860,000 | 71,239,000 | 839,000 | 251,888,000 | 88,320,000 | -52,950,000 | 28,092,000 | 173,502,000 | 312,897,000 | -105,683,000 | 24,487,000 | 92,425,000 | 77,969,000 | 63,851,000 | -9,883,000 | 111,064,000 | 107,806,000 | 154,124,000 | 44,191,000 | -71,594,000 | -563,898,000 | 123,875,000 | 109,148,000 | 224,027,000 | 231,159,000 | -277,073,000 | -202,077,000 | 51,667,000 | 29,094,000 | 64,000 | 42,535,000 | 52,507,000 | 7,517,000 | -11,789,000 | 48,052,000 | 63,235,000 | -7,601,000 | -23,289,000 | 225,485,000 | 63,250,000 | 52,659,000 | 33,219,000 | 119,865,000 | -22,909,000 | -10,963,000 | 13,725,000 | 7,418,000 | 1,133,000 | 13,311,000 | 24,014,000 | |||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed assets | -4,821,000 | -5,293,000 | -4,672,000 | -6,269,000 | -5,254,000 | -6,312,000 | -9,560,000 | -10,522,000 | -3,230,000 | -5,823,000 | -2,020,000 | -4,754,000 | -2,327,000 | -4,157,000 | -2,990,000 | -2,414,000 | -1,030,000 | -2,066,000 | -2,134,000 | -4,205,000 | -1,707,000 | -6,631,000 | -12,716,000 | -12,123,000 | -4,309,000 | -11,468,000 | -9,878,000 | -15,815,000 | -14,202,000 | -10,748,000 | -11,894,000 | -4,839,000 | -1,889,000 | -3,315,000 | -4,668,000 | -2,155,000 | -6,641,000 | -7,650,000 | -8,618,000 | -7,637,000 | -6,954,000 | -12,656,000 | -9,338,000 | -8,521,000 | -5,382,000 | -5,895,000 | -7,997,000 | -10,749,000 | |||||||
capitalization of software development costs | -9,942,000 | -12,471,000 | -13,696,000 | -8,138,000 | -10,241,000 | -11,019,000 | -10,998,000 | -8,427,000 | -11,987,000 | -11,028,000 | -9,476,000 | -12,260,000 | -12,210,000 | -13,094,000 | -12,630,000 | -11,403,000 | -11,042,000 | -11,471,000 | -7,812,000 | -12,738,000 | -11,157,000 | -12,931,000 | -12,159,000 | -6,259,000 | -18,560,000 | -9,637,000 | -4,704,000 | -7,361,000 | -7,328,000 | -7,514,000 | -2,753,000 | -2,457,000 | -4,737,000 | -2,534,000 | -3,805,000 | -3,819,000 | -3,909,000 | -4,018,000 | -4,417,000 | -3,335,000 | -4,110,000 | -4,234,000 | -3,099,000 | -3,394,000 | -4,888,000 | -4,091,000 | -4,484,000 | -6,901,000 | -6,197,000 | 1,635,000 | -5,579,000 | -3,032,000 | -3,183,000 | ||
proceeds from equity method investments | 98,000 | 0 | 7,817,000 | 7,211,000 | 0 | -46,000 | 6,446,000 | 1,193,000 | 1,828,000 | 0 | 4,584,000 | 1,457,000 | 77,000 | 97,000 | 4,614,000 | 5,241,000 | 77,000 | 4,340,000 | |||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash acquired | -1,614,000 | -15,717,000 | -262,781,000 | -600,000 | -2,000 | -63,293,000 | -43,053,000 | -6,061,000 | -900,000 | -112,251,000 | -25,307,000 | -8,222,000 | -4,733,000 | -108,000 | 0 | -214,000 | -1,500,000 | -47,025,000 | |||||||||||||||||||||||||||||||||||||
purchase of investment carried under measurement alternative | -3,474,000 | -9,456,000 | 0 | 0 | -3,699,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of other assets | -98,000 | -175,000 | -104,000 | -175,000 | -499,000 | -129,000 | -111,000 | -144,000 | -243,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -18,237,000 | 37,315,000 | -26,372,000 | -276,994,000 | -16,594,000 | 110,112,000 | 9,331,000 | -197,278,000 | -19,159,000 | -30,226,000 | -5,209,000 | -16,276,000 | -38,996,000 | -16,906,000 | -11,603,000 | -12,483,000 | -12,338,000 | 151,824,000 | -5,577,000 | -11,972,000 | -13,142,000 | -18,383,000 | -4,016,000 | 12,068,000 | -39,990,000 | -21,356,000 | -70,691,000 | -41,342,000 | 26,174,000 | 24,180,000 | 324,763,000 | -94,717,000 | -29,493,000 | -10,818,000 | -186,232,000 | 740,912,000 | -11,551,000 | -50,926,000 | -61,025,000 | -11,773,000 | -14,340,000 | -17,918,000 | 15,049,000 | 80,002,000 | -43,502,000 | -81,631,000 | 5,063,000 | -8,744,000 | 1,312,000 | -9,700,000 | -10,543,000 | -6,770,000 | |||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt, net of deferred issuance costs | 239,979,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term borrowings from related parties | -20,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to limited partnership interests and other noncontrolling interests | 0 | 0 | 0 | -470,000 | 0 | 0 | 0 | -7,805,000 | 0 | -5,223,000 | 445,000 | -14,263,000 | -3,633,000 | -8,615,000 | -9,761,000 | -6,868,000 | -9,240,000 | -8,215,000 | -14,941,000 | -19,773,000 | -29,578,000 | -29,841,000 | |||||||||||||||||||||||||||||||||
payments for tax obligations related to equity awards | -39,652,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to stockholders | -9,722,000 | -9,654,000 | -9,776,000 | -9,707,000 | -9,857,000 | -9,722,000 | -9,760,000 | -9,836,000 | -4,847,000 | -5,114,000 | -4,709,000 | -3,819,000 | -3,739,000 | -3,716,000 | -3,700,000 | -3,733,000 | -3,710,000 | -3,654,000 | -3,818,000 | -3,852,000 | -3,774,000 | -49,633,000 | -41,569,000 | -47,434,000 | -55,218,000 | -63,095,000 | -51,386,000 | -45,124,000 | -44,477,000 | -44,408,000 | -43,930,000 | -37,980,000 | -26,300,000 | -26,122,000 | -26,376,000 | -25,709,000 | -20,235,000 | -19,612,000 | -23,585,000 | -22,045,000 | -13,771,000 | -11,617,000 | -5,008,000 | -6,582,000 | -7,173,000 | -7,161,000 | -3,255,000 | -6,927,000 | |||||||
repurchase of class a common stock | -2,259,000 | -67,965,000 | -41,914,000 | -148,510,000 | -23,125,000 | -50,019,000 | -64,075,000 | -79,493,000 | -68,624,000 | -28,043,000 | -40,056,000 | -42,273,000 | -4,208,000 | -24,593,000 | -52,887,000 | -138,346,000 | -119,269,000 | -103,386,000 | -4,397,000 | 0 | -1,236,000 | -633,000 | -95,000 | -4,470,000 | -6,120,000 | -23,325,000 | -2,970,000 | -7,051,000 | -62,679,000 | -28,323,000 | -28,550,000 | -19,135,000 | -5,578,000 | -337,000 | -266,000 | -55,000 | -4,000,000 | -13,371,000 | 0 | 0 | -1,216,000 | -6,695,000 | -2,645,000 | -15,252,000 | 0 | -373,000 | -11,610,000 | 0 | 0 | ||||||
payments on acquisition earn-outs | -639,000 | -603,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,060,000 | -7,302,000 | -837,000 | -3,928,000 | -1,631,000 | -5,903,000 | -10,153,000 | ||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -72,272,000 | -142,044,000 | -160,022,000 | 57,242,000 | 266,055,000 | -205,739,000 | -102,245,000 | 253,608,000 | -94,642,000 | -49,421,000 | -262,353,000 | 148,179,000 | 16,715,000 | -62,953,000 | -86,368,000 | -59,923,000 | -23,962,000 | -481,456,000 | -73,070,000 | -216,737,000 | -48,274,000 | 124,721,000 | -25,861,000 | 158,757,000 | -653,249,000 | 557,098,000 | -70,194,000 | -113,543,000 | -127,267,000 | -236,461,000 | 223,925,000 | -130,236,000 | -101,300,000 | -80,658,000 | -67,271,000 | -169,426,000 | -60,671,000 | -44,850,000 | 2,063,000 | -48,338,000 | -21,489,000 | -25,124,000 | -32,742,000 | -20,284,000 | -1,586,000 | -20,295,000 | -15,105,000 | -23,567,000 | -48,831,000 | 290,000 | -264,000 | 3,789,000 | -11,457,000 | 8,747,000 | 1,093,000 |
effect of exchange rate changes on cash and cash equivalents, and cash segregated under regulatory requirements | -251,000 | -1,209,000 | 1,651,000 | 4,826,000 | 2,193,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents, and cash segregated under regulatory requirements | -70,569,000 | -42,883,000 | -143,687,000 | 252,493,000 | 149,773,000 | -2,645,000 | 1,037,000 | -87,788,000 | 96,902,000 | 33,387,000 | 32,687,000 | 7,910,000 | 16,149,000 | -23,280,000 | -14,445,000 | -43,213,000 | 96,910,000 | 10,493,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents, and cash segregated under regulatory requirements at beginning of period | 873,673,000 | 0 | 0 | 0 | 733,273,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, and cash segregated under regulatory requirements at end of period | 803,104,000 | 74,477,000 | -42,883,000 | -143,687,000 | 985,766,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for taxes | 31,052,000 | 36,032,000 | 24,343,000 | 54,016,000 | 33,746,000 | 20,720,000 | 23,580,000 | 41,891,000 | 17,333,000 | 23,269,000 | 14,571,000 | 23,285,000 | 9,593,000 | 3,515,000 | 9,178,000 | 18,736,000 | 4,353,000 | 10,302,000 | 11,721,000 | 20,133,000 | 1,201,000 | 17,461,000 | 7,387,000 | 5,722,000 | 28,102,000 | 14,230,000 | 14,952,000 | 5,806,000 | 39,482,000 | 19,385,000 | 6,164,000 | 29,647,000 | 8,048,000 | 1,860,000 | 49,731,000 | 138,337,000 | -4,309,000 | 9,806,000 | 11,686,000 | 4,458,000 | 2,161,000 | 3,337,000 | 4,484,000 | 5,895,000 | 12,983,000 | 6,651,000 | |||||||||
cash paid during the period for interest | 5,328,000 | 60,342,000 | 3,346,000 | 41,049,000 | 4,681,000 | 47,238,000 | 2,498,000 | 32,959,000 | 5,697,000 | 32,873,000 | 16,979,000 | 16,197,000 | 14,615,000 | 13,791,000 | 13,445,000 | 13,136,000 | 13,283,000 | 15,424,000 | 15,674,000 | 22,013,000 | 13,339,000 | 15,394,000 | 11,925,000 | 13,835,000 | -29,462,000 | 19,876,000 | 20,194,000 | 13,010,000 | 18,433,000 | 17,170,000 | 10,719,000 | 17,280,000 | 6,516,000 | 9,520,000 | 6,654,000 | 13,521,000 | 2,947,000 | 7,012,000 | 7,359,000 | 8,152,000 | 1,114,000 | 4,208,000 | 964,000 | 4,482,000 | 529,000 | 4,459,000 | 450,000 | 5,870,000 | 1,828,000 | ||||||
supplemental non-cash information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a and contingent class a common stock for acquisitions | 3,903,000 | 4,011,000 | 1,195,000 | 651,000 | 2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
rou assets and liabilities | 34,603,000 | 31,922,000 | 18,461,000 | 44,480,000 | 2,762,000 | 3,400,000 | 5,302,000 | 10,124,000 | 1,283,000 | 126,000 | 24,580,000 | 870,000 | 1,625,000 | 27,629,000 | 801,000 | 14,007,000 | 1,686,000 | 4,420,000 | |||||||||||||||||||||||||||||||||||||
equity-based compensation and allocations of net income to limited partnership units and fpus | 95,892,000 | 74,447,000 | 83,926,000 | 75,323,000 | 121,165,000 | 85,690,000 | 66,207,000 | 96,081,000 | 78,093,000 | 69,268,000 | 126,644,000 | 81,373,000 | 89,332,000 | 57,730,000 | 46,133,000 | 57,876,000 | 85,889,000 | 78,490,000 | 58,290,000 | 33,495,000 | 42,204,000 | 71,067,000 | 57,844,000 | 70,716,000 | 66,851,000 | 66,649,000 | 46,741,000 | 36,633,000 | 55,216,000 | 25,735,000 | 34,314,000 | ||||||||||||||||||||||||
loss on divestiture | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposal of subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity method investments | 0 | 0 | 0 | -122,000 | -123,000 | -343,000 | -245,000 | -245,000 | -270,000 | -355,000 | -245,000 | -367,000 | -368,000 | -521,000 | 6,377,000 | 0 | -784,000 | -6,828,000 | -129,000 | -6,829,000 | -113,000 | ||||||||||||||||||||||||||||||||||
loan to related parties | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of related parties loan | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt borrowings | -300,000,000 | -85,000,000 | -300,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of short term borrowings from related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption and repurchase of equity awards | -23,801,000 | -23,332,000 | -11,528,000 | -50,493,000 | -41,562,000 | -27,914,000 | -21,052,000 | -48,366,000 | -15,373,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of cantor units in bgc holdings | 0 | 0 | 540,000 | 0 | 2,749,000 | 0 | 0 | 5,145,000 | |||||||||||||||||||||||||||||||||||||||||||||||
short term borrowings, net of repayments | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents, and cash segregated under regulatory requirements including cash and cash segregated under regulatory requirements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a common stock upon exchange of limited partnership interests | 0 | 0 | 14,689,000 | 31,179,000 | 409,000 | 21,701,000 | -2,030,000 | 14,809,000 | 11,867,000 | 12,773,000 | 93,770,000 | 39,137,000 | 3,264,000 | 8,351,000 | 9,736,000 | 15,910,000 | 27,421,000 | 20,851,000 | 35,592,000 | 21,669,000 | 25,319,000 | 20,583,000 | 7,852,000 | 29,254,000 | 12,800,000 | 22,123,000 | 4,305,000 | 18,027,000 | 23,747,000 | 22,391,000 | |||||||||||||||||||||||||
issuance of class a and contingent class a common stock and limited partnership interests for acquisitions | 0 | 560,000 | 2,507,000 | 3,521,000 | 4,760,000 | 597,000 | 0 | 3,163,000 | 0 | 4,514,000 | 0 | 2,761,000 | 0 | 0 | 734,000 | 1,976,000 | 0 | 647,000 | 488,000 | 25,000 | 1,399,000 | 228,000 | 1,874,000 | 2,167,000 | 12,598,000 | -410,000 | 4,635,000 | ||||||||||||||||||||||||||||
repurchase agreements | -4,619,000 | 113,000 | -6,611,000 | 7,511,000 | 94,000 | 512,000 | -2,910,000 | 4,869,000 | |||||||||||||||||||||||||||||||||||||||||||||||
issuance of short-term borrowings from related parties | 0 | 0 | 275,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from non-controlling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from non-controlling interests | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt borrowings, net of deferred issuance costs | 350,000,000 | -496,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a common stock upon exchange of contingent share obligations | 3,647,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of loan to related parties | 150,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents, and cash segregated under regulatory requirements including cash and cash segregated under regulatory requirements classified within assets held for sale | 23,174,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net increase in cash classified within assets held for sale | -12,681,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
pre-acquisition cash capital contribution to futures exchange group | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents and cash segregated under regulatory requirements | 1,949,000 | -2,343,000 | -2,079,000 | -11,948,000 | 6,467,000 | 5,704,000 | -3,278,000 | -5,890,000 | 2,970,000 | -5,985,000 | 2,034,000 | -1,556,000 | -13,496,000 | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and cash segregated underregulatory requirements at beginning of period | 0 | 0 | 672,896,000 | 0 | 0 | 502,010,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and cash segregated under regulatory requirements at end of period | -2,645,000 | 1,037,000 | 585,108,000 | 33,387,000 | 32,687,000 | 509,920,000 | -23,280,000 | -14,445,000 | 523,586,000 | 13,222,000 | -375,229,000 | 831,896,000 | 657,362,000 | ||||||||||||||||||||||||||||||||||||||||||
reverse repurchase agreements | 0 | 54,659,000 | -49,999,000 | 189,804,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt and collateralized borrowings | -240,000,000 | 0 | -450,000,000 | -111,630,000 | -61,621,000 | -1,602,000 | -1,593,000 | -1,584,000 | -301,575,000 | -1,567,000 | -259,578,000 | -3,524,000 | -3,402,000 | -21,863,000 | -3,731,000 | ||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt and collateralized borrowings, net of deferred issuance costs | -891,000 | 238,633,000 | 381,579,000 | 135,000,000 | -12,000 | -27,000 | -6,000 | -8,000 | 109,978,000 | 188,546,000 | -97,000 | 227,837,000 | 75,004,000 | 249,450,000 | -45,000 | ||||||||||||||||||||||||||||||||||||||||
gain on insurance business disposition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross proceeds from insurance business disposition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash transferred as part of insurance business disposition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of futures exchange group | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and restricted cash acquired | 0 | -325,000 | -26,177,000 | -7,938,000 | 0 | 26,265,000 | -27,383,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
purchase of assets | -159,000 | -130,000 | -110,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
redemption and repurchase of limited partnership interests | -67,042,000 | -34,454,000 | -29,909,000 | -19,552,000 | -14,964,000 | -11,794,000 | -31,382,000 | -39,943,000 | -18,223,000 | -21,017,000 | -16,575,000 | -8,404,000 | -5,201,000 | -22,522,000 | -10,038,000 | -9,973,000 | -14,183,000 | -24,328,000 | -6,768,000 | -10,635,000 | -10,261,000 | ||||||||||||||||||||||||||||||||||
financial instruments loaned, at fair value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of financial instruments owned, at fair value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of debt and collateralized borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of debt and collateralized borrowings, net of deferred issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and cash segregated under regulatory requirements at beginning of period | 0 | 0 | 566,799,000 | 2,729,000 | 0 | 850,677,000 | 636,114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
losses on marketable securities and other investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities owned | -2,722,000 | 5,041,000 | -3,413,000 | 11,309,000 | 10,685,000 | -955,000 | -131,000 | -18,497,000 | 345,000 | 1,269,000 | 176,699,000 | 106,524,000 | -285,813,000 | -406,000 | -1,149,000 | 762,000 | -3,422,000 | -75,000 | -15,000 | -156,000 | -21,776,000 | 223,000 | 206,000 | ||||||||||||||||||||||||||||||||
realized losses on marketable securities | 11,000 | -289,000 | -1,661,000 | 0 | -1,222,000 | -1,618,000 | -2,186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on marketable securities | 4,000 | -57,000 | 11,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (gains) on other investments | -140,000 | 140,000 | -154,000 | 40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
securities loaned | -10,929,000 | -11,186,000 | 8,034,000 | 87,293,000 | 0 | 0 | -77,000 | -117,890,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | 11,362,000 | 20,073,000 | 4,553,000 | 6,670,000 | 0 | 7,829,000 | 17,556,000 | 51,771,000 | 55,158,000 | 511,161,000 | |||||||||||||||||||||||||||||||||||||||||||||
cancellation of rsus in satisfaction of withholding tax requirements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile consolidated net income to net cash from (used in) operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents and cash segregated under regulatory requirements | -18,781,000 | 21,248,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets and liabilities | 7,654,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in memberships | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cancellation of restricted stock units in satisfaction of withholding tax requirements | 0 | 0 | 0 | -52,000 | 0 | -1,512,000 | 0 | -30,000 | -773,000 | 0 | -1,411,000 | -372,000 | -465,000 | -1,145,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of class a common stock, net of costs | 0 | 3,447,000 | 0 | 319,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loan from related parties, net of repayments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents, restricted cash and cash segregated under regulatory requirements | -1,184,000 | 1,291,000 | -3,007,000 | 183,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents, restricted cash and cash segregated under regulatory requirements | 88,003,000 | 111,338,000 | -358,640,000 | -46,607,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, restricted cash and cash segregated under regulatory requirements at beginning of period | 0 | 416,778,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, restricted cash and cash segregated under regulatory requirements at end of period | 88,003,000 | 528,116,000 | -358,640,000 | -46,607,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions | -27,188,000 | 18,796,000 | -53,496,000 | -32,146,000 | -36,158,000 | -9,111,000 | -19,475,000 | -23,563,000 | -17,591,000 | -12,513,000 | |||||||||||||||||||||||||||||||||||||||||||||
deemed contribution due to acquisition of lucera | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of lucera | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of berkeley point | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 335,000 | 0 | 8,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of limited partnership interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a common stock upon conversion of convertible notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of shares received for nasdaq earn-out | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of mortgage servicing rights | 21,216,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on originated mortgage servicing rights | -33,901,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on loans held for sale | 6,827,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan originations - loans held for sale | -3,278,137,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan sales - loans held for sale | 2,686,613,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities | 5,761,000 | -5,518,000 | -4,725,000 | 614,000 | -3,910,000 | -7,338,000 | 10,275,000 | -1,667,000 | 2,838,000 | ||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivative asset | -9,135,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of earn-out | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on other investments | -17,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage servicing rights | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued commissions and other receivables | -36,834,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity and cost method investments | -232,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments from related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of mortgage servicing rights | -516,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of trademarks, patent defense and registration costs | -125,000 | -124,000 | -126,000 | -57,000 | -182,000 | -181,000 | -20,000 | -21,000 | -123,000 | -22,000 | -399,000 | -380,000 | -262,000 | -544,000 | -267,000 | ||||||||||||||||||||||||||||||||||||||||
repayments of notes payable and other borrowings | -539,366,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from warehouse notes payable | 3,278,137,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments on warehouse notes payable | -2,686,916,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of exchangeable preferred partnership units in newmark partners, l.p. | 113,207,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances from related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan from related parties | -50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
pre-acquisition distribution from berkeley point to ccre | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on acquisitions earn-outs | -3,928,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from berkeley point to ccre | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares received for nasdaq earn-out | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from notes payable and other borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of fixed assets, intangible assets and equity method investments | 214,000 | 1,424,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sublease provision adjustment | 0 | -258,000 | -274,000 | -275,000 | 269,000 | -1,230,000 | 1,455,000 | 712,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash segregated under regulatory requirements | -20,658,000 | -9,281,000 | 10,000 | 9,584,000 | -10,743,000 | -2,545,000 | 5,856,000 | -248,000 | -6,886,000 | -1,992,000 | -3,551,000 | 373,000 | -404,000 | 368,000 | -714,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of cost and equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of marketable securities | 0 | -5,055,000 | -10,850,000 | -52,491,000 | -61,965,000 | 67,000 | -2,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayments of collateralized borrowings | -1,770,000 | -1,753,000 | -1,737,000 | -1,721,000 | -1,705,000 | -1,695,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior notes, net of deferred issuance costs | 0 | 6,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of collateralized borrowings, net of deferred issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on acquistions earn-outs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 865,000 | 1,914,000 | -2,836,000 | 85,000 | 410,000 | 2,459,000 | -2,774,000 | 231,000 | 124,000 | 730,000 | -820,000 | -1,111,000 | 1,465,000 | ||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 33,190,000 | -73,172,000 | 52,582,000 | -147,124,000 | -312,393,000 | -59,187,000 | -62,603,000 | 36,435,000 | -47,858,000 | -80,033,000 | 45,882,000 | 73,646,000 | 48,899,000 | 95,944,000 | 52,796,000 | -153,371,000 | -5,610,000 | 4,717,000 | 12,519,000 | -20,024,000 | 11,515,000 | 18,337,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 502,024,000 | 927,000 | 0 | 0 | 461,207,000 | 0 | 0 | 716,919,000 | 0 | 0 | 388,409,000 | 369,713,000 | 0 | 364,104,000 | 0 | 469,301,000 | 0 | 0 | 0 | 204,930,000 | 0 | 0 | 0 | 21,838,000 | -196,728,000 | 209,688,000 | ||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 33,190,000 | 428,852,000 | 53,509,000 | 20,957,000 | -28,558,000 | 456,116,000 | -147,124,000 | -80,826,000 | 639,018,000 | -312,393,000 | 731,928,000 | 338,414,000 | 310,526,000 | -62,603,000 | 400,539,000 | -47,858,000 | 389,268,000 | 45,882,000 | 73,646,000 | 48,899,000 | 300,874,000 | 52,796,000 | -153,371,000 | 26,910,000 | 5,333,000 | -169,097,000 | 189,664,000 | ||||||||||||||||||||||||||||
securities borrowed | -2,735,000 | -17,362,000 | -51,452,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold, not yet purchased | 1,822,000 | 1,301,000 | 1,817,000 | -165,000 | 61,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of cost method investments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of fixed assets and intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of earn-out and related hedges | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (gains) on sale of cost method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (gains) on divestitures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestitures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of convertible notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares received in trayport transaction | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of fixed assets | 568,000 | 1,378,000 | 1,791,000 | 376,000 | 474,000 | 3,249,000 | 410,000 | 351,000 | 413,000 | 773,000 | 492,000 | ||||||||||||||||||||||||||||||||||||||||||||
change in the fair value of contingent consideration | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of cost method investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on divestitures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
disposal of assets and liabilities held for sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents classified as assets held for sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of (premium)/discount on notes payable | 302,000 | -1,316,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -28,558,000 | -5,091,000 | -77,901,000 | -49,995,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a common stock upon conversion of 8.75% convertible notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on equity method investments | -558,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on marketable securities | -9,499,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of discount on convertible notes | 1,203,000 | 1,188,000 | 1,200,000 | 1,174,000 | 1,511,000 | 1,207,000 | 1,082,000 | 1,016,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cumulative realized gain on marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestitures and sale of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of exchange membership | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax impact on delivery of equity awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a, contingent class a common stock and limited partnership interests for acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
donations with respect to charity day | 0 | 7,446,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of divestitures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture | 172,388,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture | -172,388,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of collateral borrowings | 0 | 2,000 | -1,601,000 | -1,989,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of limited partnership units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of limited partnership interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from offering of class a common stock | -106,000 | -1,793,000 | 3,239,000 | 11,672,000 | 1,408,000 | 10,361,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
reserve on loans to employees and partners | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of limited partnership interests | -9,933,000 | -7,111,000 | -92,409,000 | -887,000 | -2,609,000 | -6,183,000 | -28,000 | -310,000 | |||||||||||||||||||||||||||||||||||||||||||||||
repurchase of limited partnership units | -959,000 | -897,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to noncontrolling interests | -12,151,000 | -48,367,000 | -12,420,000 | -19,718,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
employee loan amortization and reserve on employee loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity-based compensation | 7,256,000 | 319,524,000 | 15,117,000 | 29,128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income to limited partnership units and founding/working partner units | 4,989,000 | 46,084,000 | 7,438,000 | 5,980,000 | 0 | 9,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
losses on equity investments | 2,705,000 | 1,224,000 | 3,288,000 | 2,456,000 | 1,870,000 | 1,661,000 | 1,692,000 | 1,749,000 | |||||||||||||||||||||||||||||||||||||||||||||||
impairment of marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | -2,422,000 | -62,390,000 | -6,654,000 | -689,000 | -1,779,000 | -1,742,000 | -2,883,000 | -9,199,000 | |||||||||||||||||||||||||||||||||||||||||||||||
investment in equity method investments | -374,000 | -390,000 | -407,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of marketable securities | 906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of notes receivable | -22,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from collateralized borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a common stock upon purchase of notes receivable | 3,055,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
use of notes receivable in business acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee loan amortization | 10,223,000 | 9,459,000 | 6,953,000 | 7,886,000 | 8,925,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable | -442,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of collateral borrowings | -6,150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid (refunded) during the period for taxes | 7,570,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of deferred revenue | -3,129,000 | -632,000 | -1,216,000 | -1,250,000 | 5,164,000 | -3,367,000 | -3,604,000 | -3,412,000 | -4,565,000 | -3,215,000 | -1,497,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity method investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of newmark debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of convertible notes, net of debt issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior notes, net of debt issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of capped call | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
partner purchase of founding/working partner units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercises of stock options | 95,000 | 5,158,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of convertible notes to cantor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax impact on exercise/delivery of equity awards | 76,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of class b common stock into class a common stock | 0 | 27,000 | 17,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class a common stock upon exchange of cantor units | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of class b common stock upon exchange of cantor units | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
reverse repurchase agreements with related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated entities | -16,402,000 | -421,000 | -534,000 | -70,000 | -792,000 | -667,000 | -685,000 | -3,078,000 | -871,000 | 0 | -883,000 | ||||||||||||||||||||||||||||||||||||||||||||
collateralized borrowings | 5,348,000 | -5,300,000 | -3,698,000 | -1,472,000 | -1,442,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings | 46,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (refunded) paid during the period for taxes | -171,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of convertible notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to limited partnership interests in bgc holdings | -21,882,000 | -22,150,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental non-cash information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of contingent class a common stock for acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation | 14,816,000 | 20,113,000 | -6,044,000 | 5,219,000 | 7,584,000 | 6,645,000 | 2,686,000 | 10,417,000 | 794,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 1,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
partner purchase of working partner units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | 6,462,000 | -793,000 | -6,084,000 | 2,436,000 | 1,796,000 | 1,486,000 | -2,172,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
tax impact on option exercise | 2,315,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from brokers, dealers, clearing organizations, customers and related broker-dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables to brokers, dealers, clearing organizations, customers and related broker-dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of patent defense and registration costs | -204,000 | -236,000 | -553,000 | -159,000 | -394,000 | -363,000 | -779,000 | -640,000 | -435,000 | -508,000 | |||||||||||||||||||||||||||||||||||||||||||||
investment in liquidez, net of cash acquired | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income to limited partnership interests in bgc holdings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
forgivable loan amortization | 8,655,000 | 8,677,000 | 7,238,000 | 7,993,000 | 7,185,000 | 7,461,000 | 7,274,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash segregated under regulatory requirements | -451,000 | -1,000 | -14,000 | 252,000 | 2,664,000 | -4,723,000 | 1,731,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease in reverse repurchase agreements with related parties | 3,126,000 | 22,945,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in securities borrowed | -35,035,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in securities owned | 372,000 | -806,000 | 626,211,000 | 16,337,000 | 12,095,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables from brokers, dealers, clearing organizations, customers and related broker-dealers | -482,889,000 | -76,162,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accrued commissions receivable | -40,017,000 | 17,129,000 | 3,807,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables from related parties | 298,000 | -3,612,000 | 3,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in forgivable loans and other receivables from employees and partners | -6,994,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets | 11,470,000 | -15,342,000 | 26,000 | 3,270,000 | 2,232,000 | 2,351,000 | 5,472,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
increase increase in securities sold, not yet purchased | 28,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables to brokers, dealers, clearing organizations, customers and related broker-dealers | 486,958,000 | -154,156,000 | -658,312,000 | 966,581,000 | 107,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued compensation | 49,947,000 | -14,597,000 | -3,992,000 | 5,205,000 | 13,471,000 | 9,180,000 | 3,542,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in deferred revenue | 627,000 | -6,516,000 | 2,577,000 | 2,655,000 | 2,534,000 | 3,331,000 | 1,447,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued and other liabilities | 33,283,000 | 59,907,000 | 7,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables to related parties | -43,248,000 | 15,799,000 | -21,620,000 | 7,054,000 | 10,952,000 | 11,237,000 | -81,433,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
redemption of fpus | -12,921,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation related to partner redemptions and exchangeability of founding partner units | 393,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income to founding/working partner units and reus/rpus | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
grant units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
charitable contributions | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in reverse repurchase agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in forgivable loans and other receivables from employees and partners | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities sold, not yet purchased | -2,110,000 | 830,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in securities sold under agreements to repurchase | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured loan to related party | -105,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of secured loan by related party | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | 0 | 1,322,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in loan receivables from related parties | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital distributions | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings with related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term borrowings with related parties | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from primary offering of class a common stock | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercises of stock options and warrants | 0 | 36,000 | 104,000 | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from working partner unit purchases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | 0 | 0 | -109,000 | -14,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to cantor, founding/working and reu partners | -11,631,000 | -13,413,000 | -11,918,000 | -5,155,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
investment of non-cash assets in elx | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of equity instruments upon merger | 47,903,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
forgiveness/settlement of receivables from and payables to related parties, net, in conjunction with the separation and merger | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of income to founding/working partner units and reus | 1,726,000 | 6,190,000 | 5,079,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other investment losses | 1,747,000 | 1,852,000 | 2,143,000 | 2,087,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in reverse repurchase agreements with related parties | -3,009,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables from brokers, dealers, clearing organizations, customers and related broker-dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in forgivable loans and other receivables from employees and partners | -2,304,000 | -20,528,000 | -17,316,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
investment of cash with related party | -29,262,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in radix | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided/(used) by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital distribution upon separation / merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable and collateralized borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
fees related to primary offering of class a common stock included in accounts payable and other accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
forgiveness / net settlement of receivables from and payables to related parties, net, in conjunction with the separation and merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities borrowed | -30,382,000 | -23,734,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in receivables from brokers, dealers, clearing organizations, customers and related broker-dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in securities sold, not yet purchased | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities loaned | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
forgiveness / net settlement of receivables from and payables to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from (used in ) operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities owned | -3,967,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued commissions receivable | -2,398,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables from related parties | -14,055,000 | 63,715,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable, accrued and other liabilities | -4,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
reverse repurchase agreements with related party | 91,222,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital contributions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | -13,000 | 6,853,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income to founding/working partner units and reus | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on insurance recovery from related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash charge relating to the acceleration of the exchangeability of founding partner units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 777,000 | 6,511,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation plan expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in payables to brokers, dealers, clearing organizations, customers and related broker-dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in securities loaned to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities sold under agreements to repurchase | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance recovery from related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of equities brokerage business to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation related to partner redemptions and exchangeability of founding partners units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocations of net income to founding/working partners units and reus | 4,015,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long lived assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in reverse repurchases agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in forgivable and other loan receivables from employees and partners | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in securities sold under agreements to repurchase | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of radix | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
intercompany long-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to cantor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to reus | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings distributions to founding partners | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unpaid fees related to primary offering of class a common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activites | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation related to partner redemptions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on securities owned | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net loss of unconsolidated investments | 449,000 | -27,000 | 21,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities purchased under agreements to resell | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables from brokers, dealers, clearing organizations, customers and related broker- dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued commissions receivable, net of allowance for doubtful accounts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in forgivable loans and other receivables from employees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payable to brokers, dealers, clearing organizations, customers and related broker-dealers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of secured loan by related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital distribution upon separation/merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
intercompany long-term repayments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated entity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
fees related to primary offering of class a common stock included in accounts payable and accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
forgiveness/net settlement of receivables from and payables to related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -21,004,000 | 857,000 | -2,797,000 | 1,339,000 | 9,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 7,923,000 | 8,232,000 | -26,000 | 7,098,000 | 5,000,000 | 4,604,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | -1,357,000 | 352,000 | -689,000 | 123,000 | 678,000 | 928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from stock option and warrant exercises | 38,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from related parties | -3,287,000 | 58,000 | 948,000 | -1,650,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
payable to related parties | 697,000 | 2,355,000 | 2,777,000 | 393,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of fixed assets | -4,314,000 | -1,205,000 | -240,000 | -3,613,000 | -6,472,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized software development costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized patent defense and registration costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in aqua | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
reverse repurchase agreements with related parties at beginning of period | 0 | 166,009,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents at beginning of period | 0 | 187,847,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
reverse repurchase agreements with related parties at end of period | -32,520,000 | 187,231,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of net fixed assets to related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 35,000 | 21,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deemed dividend to cantor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of capitalized software costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from stock-based compensation | 22,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 1,002,000 | -3,883,000 | -8,007,000 | 6,289,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
insurance proceeds from related parties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents at end of period | 192,564,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash information—cash paid for income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing activities—contribution of net fixed assets to related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income of unconsolidated investments | -22,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income | -104,000 | -1,000 | -104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of license from cantor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effect of business acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment and acquisition, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from broker on stock option exercises | 49,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits from stock-based compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of securities under employee benefit plan | 1,000 | 62,000 | 30,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercises of stock options and business partner warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 19,884,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend distribution to cantor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of class b common stock to class a common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of business partner and non-employee securities | 26,000 | 117,000 | 452,000 | 648,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of employee stock-based compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of capitalized software development costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of intangible patent costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities – net of effect of business acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of premises and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from employee stock options and warrant exercises | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of patents and related defense costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of class a common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from ubs in relation to warrant exercises | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from broker in relation to stock option exercises | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of employee stock based compensation | 536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairment charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on unconsolidated investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for september 11 events | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of securities under employee benefit plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of fixed assets | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of additional investment in tradespark | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 18,337,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on unconsolidated investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on replacement of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of patents and capitalization of related legal costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance claim proceeds resulting from destruction of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payment for treasuryconnect llc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuances of securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for issuance related expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net loss of certain unconsolidated investments | 41,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from employee stock option exercises | 1,778,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of patents and related legal costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from broker on exercises of stock options | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of premises and equipment |