XML 41 R33.htm IDEA: XBRL DOCUMENT v3.19.2

Pushdown Accounting (Tables)

12 Months Ended

Dec. 31, 2018

Tradeweb Markets LLC

Entity Information [Line Items]

Allocation applying pushdown accounting

The allocation applying pushdown accounting is summarized in the table below (in thousands):

Fair value of the Company		$	4,575,000
Less: fair value of the net assets and liabilities of the Company			(1,880,203)
Goodwill		$	2,694,797
Net assets and liabilities of the Company at October 1, 2018:
Cash and cash equivalents		$	350,183
Restricted cash			1,200
Receivable from brokers and dealers and clearing organizations			4,642
Deposits with clearing organizations			9,200
Accounts receivable			95,959
Furniture, equipment, purchased software and leasehold improvements:
Computer hardware			15,787
Leasehold improvements			11,460
Purchased software			2,866
Furniture			1,616
Office equipment			572
Software development costs			168,500
Intangible assets:
Tradename			154,300
Content and Data			154,400
Licenses			168,800
Customer relationships			928,200
Receivables from affiliates			3,350
Other assets			20,404
Total assets			2,091,439
Accrued compensation			82,201
Deferred revenue			28,280
Accounts payable, accrued expenses and other liabilities			39,291
Leasehold interests			3,020
Employee equity compensation payable			33,914
Payable to affiliates			5,856
Deferred tax liability			18,674
Total liabilities			211,236
Fair value of net assets and liabilities of the Company		$	1,880,203

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	dei_EntityInformationLineItems
Namespace Prefix:	dei_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	dei_LegalEntityAxis=tw_TradewebMarketsLlcMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: