XML 25 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class C Common Stock
Class D Common Stock
Total Virtu Financial Inc. Stockholders' Equity
Common Stock
Class A Common Stock
Common Stock
Class C Common Stock
Common Stock
Class D Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (loss)
Noncontrolling Interest
Balance at beginning period (in shares) at Dec. 31, 2022           133,071,754 9,030,066 60,091,740          
Balance at beginning of period at Dec. 31, 2022 $ 1,651,427       $ 1,341,899 $ 1 $ 0 $ 1 $ (954,637) $ 1,292,613 $ 972,317 $ 31,604 $ 309,528
Balance at beginning period (in shares) at Dec. 31, 2022                 (34,522,290)        
Increase (decrease) in stockholder's/members' equity                          
Share based compensation (in shares)           2,393,550              
Share based compensation 31,030       31,030         31,030      
Repurchase of Class C common stock (in shares)             (21,498)            
Repurchase of Class C common stock (424)       (424)         (424)      
Treasury stock purchases (in shares)           (902,947)     (3,932,499)        
Treasury stock purchases (93,218)       (93,218)       $ (75,568)   (17,650)    
Net Income 110,083       57,881           57,881   52,202
Foreign exchange translation adjustment 1,648       980             980 668
Net change in unrealized cash flow hedges gains (13,168)       (7,834)             (7,834) (5,334)
Dividends ($0.24 per share of Class A common stock and participating Restricted Stock Units and Restricted Stock Awards) and distributions from Virtu Financial to noncontrolling interest (52,004)       (24,696)           (24,696)   (27,308)
Issuance of common stock in connection with employee exchanges (in shares)           152,037              
Repurchase of Virtu Financial Units and corresponding number of Class C common stock in connection with employee exchanges (in shares)             (152,037)            
Balance at end of period (in shares) at Mar. 31, 2023           134,714,394 8,856,531 60,091,740          
Balance at end of period at Mar. 31, 2023 1,635,374       1,305,618 $ 1 $ 0 $ 1 $ (1,030,205) 1,323,219 987,852 24,750 329,756
Balance at end of period (in shares) at Mar. 31, 2023                 (38,454,789)        
Balance at beginning period (in shares) at Dec. 31, 2023   89,092,686 8,607,998 60,091,740   134,901,037 8,607,998 60,091,740          
Balance at beginning of period at Dec. 31, 2023 $ 1,405,356       1,202,727 $ 1 $ 0 $ 1 $ (1,166,299) 1,351,574 1,000,403 17,047 202,629
Balance at beginning period (in shares) at Dec. 31, 2023 (45,808,351)               (45,808,351)        
Increase (decrease) in stockholder's/members' equity                          
Share based compensation (in shares)           2,596,226              
Share based compensation $ 28,883       28,883         28,883      
Treasury stock purchases (in shares)           (946,267)     (1,959,076)        
Treasury stock purchases (51,902)       (51,902)       $ (35,889)   (16,013)    
Net Income 111,308       55,817           55,817   55,491
Foreign exchange translation adjustment (3,526)       (2,037)             (2,037) (1,489)
Net change in unrealized cash flow hedges gains 1,547       894             894 653
Dividends ($0.24 per share of Class A common stock and participating Restricted Stock Units and Restricted Stock Awards) and distributions from Virtu Financial to noncontrolling interest (67,589)       (22,660)           (22,660)   (44,929)
Balance at end of period (in shares) at Mar. 31, 2024   88,783,569 8,607,998 60,091,740   136,550,996 8,607,998 60,091,740          
Balance at end of period at Mar. 31, 2024 $ 1,424,077       $ 1,211,722 $ 1 $ 0 $ 1 $ (1,202,188) $ 1,380,457 $ 1,017,547 $ 15,904 $ 212,355
Balance at end of period (in shares) at Mar. 31, 2024 (47,767,427)               (47,767,427)