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Segment, Geographic and Product Information
3 Months Ended
Mar. 31, 2020
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.S., U.K., Asia (including Australia), Other Europe, MEA, France, and Other Americas. Information regarding revenues is as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

 

2020

 

 

2019

 

 

Revenues:

 

 

 

 

 

 

 

 

 

U.S.

 

$

153,444

 

 

$

146,420

 

 

U.K.

 

 

242,370

 

 

 

231,780

 

 

Asia

 

 

89,592

 

 

 

81,567

 

 

Other Europe/MEA

 

 

66,637

 

 

 

49,843

 

 

France

 

 

34,253

 

 

 

21,489

 

 

Other Americas

 

 

16,871

 

 

 

13,652

 

 

Total revenues

 

$

603,167

 

 

$

544,751

 

 

 

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 is as follows (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Long-lived assets:

 

 

 

 

 

 

 

 

U.S.

 

$

756,809

 

 

$

766,315

 

U.K.

 

 

623,545

 

 

 

595,571

 

Asia

 

 

114,799

 

 

 

122,564

 

Other Europe/MEA

 

 

47,792

 

 

 

38,994

 

France

 

 

22,202

 

 

 

21,877

 

Other Americas

 

 

17,432

 

 

 

19,595

 

Total long-lived assets

 

$

1,582,579

 

 

$

1,564,916

 

 

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.

Product information regarding revenues is as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Revenues:

 

 

 

 

 

 

 

 

Rates

 

$

167,240

 

 

$

155,611

 

Credit

 

 

97,189

 

 

 

85,727

 

FX

 

 

94,366

 

 

 

101,558

 

Energy and commodities

 

 

82,582

 

 

 

69,865

 

Insurance

 

 

44,836

 

 

 

31,404

 

Equities and other asset classes

 

 

82,953

 

 

 

70,247

 

Total brokerage revenues

 

$

569,166

 

 

$

514,412

 

All other revenues

 

 

34,001

 

 

 

30,339

 

Total revenues

 

$

603,167

 

 

$

544,751