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Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Sales of physical commodities $ 5,317.0 $ 4,703.2 $ 16,486.3 $ 11,503.8
Trading gains, net 79.9 83.4 246.9 243.8
Commission and clearing fees 73.0 58.2 212.5 159.4
Consulting and management fees 16.3 8.0 47.5 27.3
Interest income 19.6 15.6 47.7 42.8
Other income 0.1 0.1 0.2 0.2
Total revenues 5,505.9 4,868.5 17,041.1 11,977.3
Cost of sales of physical commodities 5,308.3 4,693.5 16,462.2 11,484.9
Operating revenues 197.6 175.0 578.9 492.4
Transaction-based clearing expenses 33.9 35.2 101.2 97.9
Introducing broker commissions 29.2 14.8 86.1 40.8
Interest expense 11.2 7.7 30.1 20.8
Net operating revenues 123.3 117.3 361.5 332.9
Compensation and other expenses:        
Compensation and benefits 75.5 69.4 222.7 197.7
Communication and data services 9.8 7.9 29.6 23.1
Occupancy and equipment rental 3.9 3.2 11.1 9.7
Professional fees 3.7 3.3 11.9 8.9
Travel and business development 3.0 2.9 9.6 8.4
Depreciation and amortization 2.4 2.1 7.2 6.2
Bad debts 0.1 0.0 3.9 4.6
Other 9.9 7.1 27.8 20.8
Total compensation and other expenses 108.3 95.9 323.8 279.4
Income before tax 15.0 21.4 37.7 53.5
Income tax expense 2.3 6.8 7.7 15.6
Net income $ 12.7 $ 14.6 $ 30.0 $ 37.9
Earnings per share:        
Basic $ 0.67 $ 0.79 $ 1.59 $ 2.03
Diluted $ 0.66 $ 0.78 $ 1.58 $ 2.00
Weighted-average number of common shares outstanding:        
Basic 18,447,053 18,138,754 18,365,939 18,461,063
Diluted 18,702,128 18,322,451 18,659,138 18,655,672