XML 38 R27.htm IDEA: XBRL DOCUMENT v3.24.3
Equity And Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Equity And Earnings Per Share [Abstract]  
IBG LLC Ownership of Member Interests

IBG, Inc.

Holdings

Total

Ownership %

25.8%

74.2%

100.0%

Membership interests

108,879,779

313,643,354

422,523,133

Earnings Per Share Basic And Diluted Basic earnings per share is calculated utilizing net income available for common stockholders divided by the weighted average number of shares of Class A and Class B common stock outstanding for that period.

Three Months Ended September 30,

Nine Months Ended September 30,

2024

2023

2024

2023

(in millions, except share or per share amounts)

Basic earnings per share

Net income available for common stockholders

$

184

$

167

$

538

$

440

Weighted average shares of common stock outstanding

Class A

108,757,891

106,233,457

107,852,497

104,271,821

Class B

100

100

100

100

108,757,991

106,233,557

107,852,597

104,271,921

Basic earnings per share

$

1.68

$

1.57

$

4.98

$

4.22

Diluted earnings per share are calculated utilizing the Company’s basic net income available for common stockholders divided by diluted weighted average shares outstanding with no adjustments to net income available to common stockholders for potentially dilutive common shares.

Three Months Ended September 30,

Nine Months Ended September 30,

2024

2023

2024

2023

(in millions, except share or per share amounts)

Diluted earnings per share

Net income available for common stockholders

$

184

$

167

$

538

$

440

Weighted average shares of common stock outstanding

Class A

Issued and outstanding

108,757,891

106,233,457

107,852,497

104,271,821

Potentially dilutive common shares

Issuable pursuant to employee stock incentive plans

778,369

777,870

921,598

912,651

Class B

100

100

100

100

109,536,360

107,011,427

108,774,195

105,184,572

Diluted earnings per share

$

1.67

$

1.56

$

4.94

$

4.19