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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Smith Mack
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Smith Mack
Common Stock
Class B Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Smith Mack
Treasury Stock
Retained Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest in Subsidiaries
Noncontrolling Interest in Subsidiaries
Smith Mack
Beginning balance at Dec. 31, 2022 $ 733,208   $ 4,719   $ 459 $ 2,559,418   $ (711,454) $ (1,138,066) $ (45,431) $ 63,563  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Consolidated net income (loss) 17,512               16,320   1,192  
Other comprehensive income (loss), net of tax 129                 (388) 517  
Equity-based compensation 67,789   78     65,932   13     1,766  
Dividends to common stockholders and participating RSU holders (12,458)               (12,458)      
Earnings distributions to limited partnership interests and other noncontrolling interests (12,294)                   (12,294)  
Grant of exchangeability and redemption of limited partnership interests 113,201   291     86,505         26,405  
Issuance of common stock 527   2     511         14  
Redemption of FPUs (547)                   (547)  
Repurchase of Class A common stock (88,147)             (81,456)     (6,691)  
Forfeiture of Class A common stock (796)         84   (769)     (111)  
Contributions of capital to and from Cantor for equity-based compensation 2,437         2,321         116  
Issuance of Class A common stock and RSUs for acquisitions   $ 7,275   $ 55     $ 6,843         $ 377
Contributions from FMX Equity Partners 11,539                   11,539  
Redemption of FPUs and issuance of RSUs due to the Corporate Conversion 14,506         12,410         2,096  
Cantor units converted into shares of BGC Group Class B common stock due to the Corporate Conversion $ 0       640 75,788         (76,428)  
Issuance of restricted stock upon redemption of limited partnership interests (in shares) 38,610,233                      
Restricted stock awards granted upon conversion of limited partnership interests due to the Corporate Conversion $ 0   386     (386)            
Conversion of Class B Common Stock to Class A common stock 0   4   (4)              
Cancellation of BGC Partners Inc. Treasury Stock due to Corporate Conversion 0   (1,563)     (751,768)   753,331        
Other 1,778         1,778            
Ending balance at Sep. 30, 2023 855,659   3,972   1,095 2,059,436   (40,335) (1,134,204) (45,819) 11,514  
Beginning balance at Jun. 30, 2023 819,147   5,086   459 2,667,812   (753,331) (1,146,350) (41,128) 86,599  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Consolidated net income (loss) 18,552               17,046   1,506  
Other comprehensive income (loss), net of tax (4,854)                 (4,691) (163)  
Equity-based compensation 60,256   55     60,191   10        
Dividends to common stockholders and participating RSU holders (4,900)               (4,900)      
Issuance of common stock 170         170            
Repurchase of Class A common stock (40,345)             (40,345)        
Contributions of capital to and from Cantor for equity-based compensation 1,931         1,931            
Issuance of Class A common stock and RSUs for acquisitions 4,514   4     4,510            
Cantor units converted into shares of BGC Group Class B common stock due to the Corporate Conversion $ 0       640 75,788         (76,428)  
Issuance of restricted stock upon redemption of limited partnership interests (in shares) 38,610,233                      
Restricted stock awards granted upon conversion of limited partnership interests due to the Corporate Conversion $ 0   386     (386)            
Conversion of Class B Common Stock to Class A common stock 0   4   (4)              
Cancellation of BGC Partners Inc. Treasury Stock due to Corporate Conversion 0   (1,563)     (751,768)   753,331        
Other 1,188         1,188            
Ending balance at Sep. 30, 2023 855,659   3,972   1,095 2,059,436   (40,335) (1,134,204) (45,819) 11,514  
Beginning balance at Dec. 31, 2023 898,156   4,036   1,095 2,105,130   (67,414) (1,119,182) (38,582) 13,073  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Consolidated net income (loss) 99,929               101,785   (1,856)  
Other comprehensive income (loss), net of tax (6,985)                 (7,052) 67  
Equity-based compensation 121,291   145     121,173   (27)        
Dividends to common stockholders and participating RSU holders (24,443)               (24,443)      
Issuance of common stock (1,386)   2     (1,388)            
Repurchase of Class A common stock (212,158)             (212,158)        
Forfeiture of Class A common stock (988)         889   (1,877)        
Contributions of capital to and from Cantor for equity-based compensation 20,788         20,788            
Issuance of Class A common stock and RSUs for acquisitions 3,760   6     3,754            
Contributions from FMX Equity Partners $ 171,667                   171,667  
Issuance of restricted stock upon redemption of limited partnership interests (in shares) 0                      
Other $ (26,573)         (26,573)            
Ending balance at Sep. 30, 2024 1,043,058   4,189   1,095 2,223,773   (281,476) (1,041,840) (45,634) 182,951  
Beginning balance at Jun. 30, 2024 1,041,870   4,153   1,095 2,166,717   (217,097) (1,046,827) (49,908) 183,737  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Consolidated net income (loss) 13,713               14,747   (1,034)  
Other comprehensive income (loss), net of tax 4,522                 4,274 248  
Equity-based compensation 35,742   34     35,712   (4)        
Dividends to common stockholders and participating RSU holders (9,760)               (9,760)      
Issuance of common stock (242)   1     (243)            
Repurchase of Class A common stock (64,068)             (64,068)        
Forfeiture of Class A common stock (137)         170   (307)        
Contributions of capital to and from Cantor for equity-based compensation 20,670         20,670            
Issuance of Class A common stock and RSUs for acquisitions $ 597   1     596            
Issuance of restricted stock upon redemption of limited partnership interests (in shares) 0                      
Other $ 151         151            
Ending balance at Sep. 30, 2024 $ 1,043,058   $ 4,189   $ 1,095 $ 2,223,773   $ (281,476) $ (1,041,840) $ (45,634) $ 182,951