XML 62 R46.htm IDEA: XBRL DOCUMENT
v3.20.4

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Segment Reporting [Abstract] |
Reported Revenue and Profit Before Income Taxes | The table below presents information about the reported revenue and pre-tax income (loss) of the Company for the years ended December 31, 2020, 2019 and 2018. Asset information by reportable segment is not reported, since the Company does not produce such information for internal use by the chief operating decision maker.
(Expressed in thousands) |  |  |  |  |
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Revenue |  |  |  |  |
Private client (1) | $ | 642,083 |  |  | $ | 653,409 |  |  | $ | 617,871 |
Asset management (1) | 130,274 |  |  | 88,755 |  |  | 71,696 |
Capital markets | 426,752 |  |  | 290,830 |  |  | 272,719 |
Corporate/Other | (442) |  |  | 385 |  |  | (4,132) |
Total | $ | 1,198,667 |  |  | $ | 1,033,379 |  |  | $ | 958,154 |
Pre-Tax Income (Loss) |  |  |  |  |
Private client (1) | $ | 122,844 |  |  | $ | 163,917 |  |  | $ | 149,097 |
Asset management (1) | 71,625 |  |  | 31,606 |  |  | 18,590 |
Capital markets | 83,442 |  |  | (13,724) |  |  | (13,416) |
Corporate/Other | (108,911) |  |  | (106,887) |  |  | (109,402) |
Total | $ | 169,000 |  |  | $ | 74,912 |  |  | $ | 44,869 |
(1) Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory fees were allocated 10.0% to the Asset Management and 90.0% to the Private Client segments.
Revenue Classified by Major Geographic Areas | Revenue, classified by the major geographic areas in which it was earned for the years ended December 31, 2020, 2019 and 2018 was as follows:
(Expressed in thousands) |  |  |  |  |
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Americas | $ | 1,146,759 |  |  | $ | 998,344 |  |  | $ | 925,127 |
Europe/Middle East | 45,767 |  |  | 31,599 |  |  | 29,292 |
Asia | 6,141 |  |  | 3,436 |  |  | 3,735 |
Total | $ | 1,198,667 |  |  | $ | 1,033,379 |  |  | $ | 958,154 |

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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