XML 51 R36.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Schedule I—Condensed Financial Information of Registrant (Parent Company Only) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Schedule I—Condensed Financial Information of Registrant (Parent Company Only) [Abstract] |
Condensed Statements Of Financial Condition (Parent Company Only) |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿INTERACTIVE BROKERS GROUP, INC.
﻿(Parent Company Only)
﻿CONDENSED STATEMENTS OF FINANCIAL CONDITION
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | December 31,
﻿(in millions, except share amounts) |  | 2017 |  | 2016
﻿Assets |  |  |  |  |  |
﻿Cash and cash equivalents |  | $ | — |  | $ | —
﻿Investments in subsidiaries, equity basis |  |  | 1,122 |  |  | 964
﻿Other assets |  |  | 156 |  |  | 297
﻿Total assets |  | $ | 1,278 |  | $ | 1,261
﻿Liabilities and Equity |  |  |  |  |  |
﻿Liabilities: |  |  |  |  |  |
﻿Payable to affiliates |  | $ | 187 |  | $ | 285
﻿Accrued expenses and other liabilities |  |  | 1 |  |  | 2
﻿ |  |  | 188 |  |  | 287
﻿Stockholders' equity: |  |  |  |  |  |
﻿Common stock, $0.01 par value per share: |  |  |  |  |  |
﻿Class A – Authorized - 1,000,000,000, Issued - 71,609,049 and 68,119,412 shares, Outstanding – 71,475,755 and 67,984,973 shares as of December 31, 2017 and 2016 |  |  | 1 |  |  | 1
﻿Class B – Authorized, Issued and Outstanding – 100 shares as of December 31, 2017 and 2016 |  |  | — |  |  | —
﻿Additional paid-in capital |  |  | 832 |  |  | 775
﻿Retained earnings |  |  | 251 |  |  | 203
﻿Accumulated other comprehensive income, net of income taxes of $1 and $0 as of December 31, 2017 and 2016 |  |  | 9 |  |  | (2)
﻿Treasury stock, at cost, 133,294 and 134,439 shares as of December 31, 2017 and 2016 |  |  | (3) |  |  | (3)
﻿Total equity |  |  | 1,090 |  |  | 974
﻿Total liabilities and equity |  | $ | 1,278 |  | $ | 1,261
﻿
Condensed Statements Of Comprehensive Income (Parent Company Only) |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿INTERACTIVE BROKERS GROUP, INC.
﻿(Parent Company Only)
﻿CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Year-Ended December 31,
﻿(in millions) |  | 2017 |  | 2016 |  | 2015
﻿Income (loss) before income from subsidiaries |  | $ | 92 |  | $ | (1) |  | $ | —
﻿Undistributed gains of subsidiaries, net |  |  | 147 |  |  | 117 |  |  | 67
﻿Income tax expense |  |  | 163 |  |  | 32 |  |  | 18
﻿Net income |  | $ | 76 |  | $ | 84 |  | $ | 49
﻿ |  |  |  |  |  |  |  |  |
﻿Net income available for common stockholders |  | $ | 76 |  | $ | 84 |  | $ | 49
﻿Cumulative translation adjustment, net of tax |  |  | 11 |  |  | (4) |  |  | (10)
﻿Comprehensive income available for common stockholders |  | $ | 87 |  | $ | 80 |  | $ | 39
﻿
Condensed Statements Of Cash Flows (Parent Company Only) |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿INTERACTIVE BROKERS GROUP, INC.
﻿(Parent Company Only)
﻿CONDENSED STATEMENTS OF CASH FLOWS
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Year-Ended December 31,
﻿(in millions) |  | 2017 |  | 2016 |  | 2015
﻿Cash flows from operating activities |  |  |  |  |  |  |  |  |
﻿Net income |  | $ | 76 |  | $ | 84 |  | $ | 49
﻿Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |  |  |  |
﻿Undistributed gains of subsidiaries, net |  |  | (147) |  |  | (117) |  |  | (67)
﻿Deferred income taxes |  |  | 149 |  |  | 30 |  |  | 13
﻿Gain on remeasurement of Tax Receivable Agreement liability |  |  | (93) |  |  | — |  |  | —
﻿Changes in operating assets and liabilities |  |  | (9) |  |  | 9 |  |  | 9
﻿Net cash (used in) provided by operating activities |  |  | (24) |  |  | 6 |  |  | 4
﻿Cash flows provided by investing activities |  |  | 56 |  |  | 42 |  |  | 40
﻿Cash flows used in financing activities |  |  | (43) |  |  | (44) |  |  | (34)
﻿Effect of exchange rate changes on cash and cash equivalents |  |  | 11 |  |  | (5) |  |  | (10)
﻿Net increase (decrease) in cash and cash equivalents |  |  | — |  |  | (1) |  |  | —
﻿Cash and cash equivalents at beginning of period |  |  | — |  |  | 1 |  |  | 1
﻿Cash and cash equivalents at end of period |  | $ | — |  | $ | — |  | $ | 1
﻿Supplemental disclosures of cash flow information |  |  |  |  |  |  |  |  |
﻿Cash paid for interest |  | $ | — |  | $ | — |  | $ | —
﻿Cash paid for taxes, net |  | $ | 13 |  | $ | (1) |  | $ | —
﻿ |  |  |  |  |  |  |  |  |
﻿Non-cash investing activities: |  |  |  |  |  |  |  |  |
﻿Non-cash distributions from subsidiaries |  | $ | — |  | $ | 1 |  | $ | —
﻿

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration