XML 31 R31.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Segment, Geographic and Product Information | 12 Months Ended
--- | ---
Dec. 31, 2019
Segment Reporting [Abstract] |
Segment, Geographic and Product Information |
23. | Segment, Geographic and Product Information
Segment Information The Company currently operates its business in one reportable segment, that of providing brokerage services to the financial markets, integrated Voice, Hybrid and Fully Electronic brokerage in a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Geographic Information The Company offers products and services in the U.K., U.S., Asia (including Australia), Other Europe, the MEA, France, and Other Americas. Information regarding revenues for the years ended December 31, 2019, 2018 and 2017, respectively, is as follows (in thousands):
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
U.K. |  | $ | 864,955 |  |  | $ | 811,542 |  |  | $ | 716,167 |
U.S. |  |  | 564,037 |  |  |  | 544,887 |  |  |  | 514,704 |
Asia |  |  | 331,328 |  |  |  | 278,141 |  |  |  | 244,855 |
Other Europe/MEA |  |  | 202,144 |  |  |  | 170,561 |  |  |  | 135,554 |
France |  |  | 83,664 |  |  |  | 77,992 |  |  |  | 85,729 |
Other Americas |  |  | 58,103 |  |  |  | 54,687 |  |  |  | 53,942 |
Total revenues |  | $ | 2,104,231 |  |  | $ | 1,937,810 |  |  | $ | 1,750,951 |
Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas as of December 31, 201 9 and December 31, 201 8, respectively, is as follows (in thousands):
|  | December 31, |
|  | 2019 |  |  | 2018 |
Long-lived assets: |  |  |  |  |  |  |  |
U.K. |  | $ | 595,571 |  |  | $ | 367,681 |
U.S. |  |  | 766,315 |  |  |  | 719,914 |
Asia |  |  | 122,564 |  |  |  | 57,626 |
Other Europe/MEA |  |  | 38,994 |  |  |  | 23,917 |
France |  |  | 21,877 |  |  |  | 12,294 |
Other Americas |  |  | 19,595 |  |  |  | 18,637 |
Total long-lived assets |  | $ | 1,564,916 |  |  | $ | 1,200,069 |
Product Information The Company’s business is based on the products and services provided and reflect the manner in which financial information is evaluated by management. The Company specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and other asset classes. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Rates |  | $ | 594,884 |  |  | $ | 549,825 |  |  | $ | 510,880 |
Credit |  |  | 306,713 |  |  |  | 292,171 |  |  |  | 284,551 |
FX |  |  | 370,318 |  |  |  | 396,256 |  |  |  | 324,386 |
Energy and commodities |  |  | 286,584 |  |  |  | 228,199 |  |  |  | 204,016 |
Equities, insurance, and other asset classes |  |  | 409,242 |  |  |  | 358,124 |  |  |  | 328,406 |
Total brokerage revenues |  | $ | 1,967,741 |  |  | $ | 1,824,575 |  |  | $ | 1,652,239 |
All other revenue |  |  | 136,490 |  |  |  | 113,235 |  |  |  | 98,712 |
Total revenues |  | $ | 2,104,231 |  |  | $ | 1,937,810 |  |  | $ | 1,750,951 |

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration