XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings Per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Calculation of Basic Earnings Per Share | The following is the calculation of the Company’s basic EPS (in thousands, except per share data):
| Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Basic earnings (loss) per share: |  |  |  |  |  |  |
Net income (loss) available to common stockholders | $ | 18,978 |  |  | $ | 25,972 |  |  |  |  |
Basic weighted-average shares of common stock outstanding | 375,220 |  |  | 368,323 |  |  |  |  |
Basic earnings (loss) per share | $ | 0.05 |  |  | $ | 0.07 |  |  |  |  |
Calculation of Fully Diluted Earnings Per Share | The following is the calculation of the Company’s fully diluted EPS (in thousands, except per share data):
| Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Fully diluted earnings (loss) per share |  |  |  |  |  |  |
Net income (loss) available to common stockholders | $ | 18,978 |  |  | $ | 25,972 |  |  |  |  |
Allocations of net income (loss) to limited partnership interests, net of tax | 5,177 |  |  | 7,666 |  |  |  |  |
Net income (loss) for fully diluted shares | $ | 24,155 |  |  | $ | 33,638 |  |  |  |  |
Weighted-average shares: |  |  |  |  |  |  |
Common stock outstanding | 375,220 |  |  | 368,323 |  |  |  |  |
Partnership units¹ | 120,451 |  |  | 129,680 |  |  |  |  |
RSUs (Treasury stock method) | 4,008 |  |  | 3,681 |  |  |  |  |
Other | 1,388 |  |  | 1,193 |  |  |  |  |
Fully diluted weighted-average shares of common stock outstanding | 501,067 |  |  | 502,877 |  |  |  |  |
Fully diluted earnings (loss) per share | $ | 0.05 |  |  | $ | 0.07 |  |  |  |  |
____________________________ 1 Partnership units collectively include FPUs, LPUs, and Cantor units (see Note 2—“Limited Partnership Interests in BGC Holdings and Newmark Holdings” for more information).

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

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration