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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting Information [Line Items]        
Total revenues $ 199,305 $ 363,268 $ 637,222 $ 1,151,943
Direct cost of services (49,659) (52,616) (168,008) (156,373)
Cost of goods sold (40,312) (42,217) (118,897) (129,490)
Selling, general and administrative expenses (184,605) (202,321) (577,377) (579,964)
Interest expense - Securities lending and loan participations sold (6,359) (38,368) (65,055) (106,572)
Depreciation and amortization     (34,127) (38,102)
Restructuring charge (116) (228) (925) (949)
Impairment of goodwill and tradenames 0 (35,500) (27,681) (37,233)
Operating (loss) income (81,746) (7,982) (320,721) 141,362
Interest income 1,438 180 2,909 3,455
Dividend income 675 3,373 4,139 9,541
Realized and unrealized (losses) gains on investments (22,197) (77,287) (212,362) (77,020)
Change in fair value of financial instruments and other 476 (4,170) 627 (3,998)
Income (loss) from equity investments 6 (308) 12 (175)
Interest expense (32,996) (37,493) (102,195) (118,630)
Loss from continuing operations before income taxes (134,344) (123,687) (627,591) (45,465)
(Provision for) benefit from income taxes (14,508) 23,638 (17,915) (3,045)
Income (loss) from continuing operations (148,852) (100,049) (645,506) (48,510)
(Loss) income from discontinued operations, net of income taxes (138,746) 23,741 (123,827) 32,543
Net loss (287,598) (76,308) (769,333) (15,967)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (3,201) (2,485) (2,167) (5,680)
Net loss attributable to B. Riley Financial, Inc. (284,397) (73,823) (767,166) (10,287)
Preferred stock dividends 2,015 2,015 6,045 6,042
Net loss available to common shareholders (286,412) (75,838) (773,211) (16,329)
Net loss available to common shareholders (286,412) (75,838) (773,211) (16,329)
Sale of goods        
Segment Reporting Information [Line Items]        
Total revenues 55,248 60,029 164,254 184,301
Trading (loss) income        
Segment Reporting Information [Line Items]        
Total revenues (1,238) (9,727) (50,226) 31,723
Fair value adjustments on loans        
Segment Reporting Information [Line Items]        
Total revenues (71,477) (860) (259,260) 51,623
Interest income - loans        
Segment Reporting Information [Line Items]        
Total revenues 11,251 27,397 51,894 102,535
Interest income - securities lending        
Segment Reporting Information [Line Items]        
Total revenues 7,007 42,333 69,614 119,580
Operating Segments        
Segment Reporting Information [Line Items]        
Operating (loss) income (52,610) 13,123 (247,449) 200,796
All Other        
Segment Reporting Information [Line Items]        
Direct cost of services (13,406) (6,604) (36,662) (19,543)
Corporate and other expenses (45,817) (24,429) (114,071) (68,761)
Interest income 1,438 180 2,909 3,455
Dividend income 675 3,373 4,139 9,541
Realized and unrealized (losses) gains on investments (22,197) (77,287) (212,362) (77,020)
Change in fair value of financial instruments and other 476 (4,170) 627 (3,998)
Income (loss) from equity investments 6 (308) 12 (175)
Interest expense (32,996) (37,493) (102,195) (118,630)
All Other | Services and fees        
Segment Reporting Information [Line Items]        
Total revenues 28,506 9,928 75,329 28,870
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total revenues (24,690) 139,566 (49,513) 487,029
Selling, general and administrative expenses (30,453) (62,898) (133,483) (174,479)
Impairment of tradenames 0 0 0 (1,733)
Interest expense - Securities lending and loan participations sold (6,359) (38,368) (65,055) (106,572)
Depreciation and amortization (817) (900) (2,333) (3,149)
Operating (loss) income (62,319) 37,400 (250,384) 201,096
Capital Markets Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Total revenues 30,437 80,913 141,026 183,803
Capital Markets Segment | Operating Segments | Trading (loss) income        
Segment Reporting Information [Line Items]        
Total revenues (1,908) (10,217) (52,787) 29,488
Capital Markets Segment | Operating Segments | Fair value adjustments on loans        
Segment Reporting Information [Line Items]        
Total revenues (71,477) (860) (259,260) 51,623
Capital Markets Segment | Operating Segments | Interest income - loans        
Segment Reporting Information [Line Items]        
Total revenues 11,251 27,397 51,894 102,535
Capital Markets Segment | Operating Segments | Interest income - securities lending        
Segment Reporting Information [Line Items]        
Total revenues 7,007 42,333 69,614 119,580
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total revenues 50,059 51,365 152,714 148,895
Selling, general and administrative expenses (48,234) (47,891) (145,439) (143,177)
Depreciation and amortization (1,045) (1,075) (3,148) (3,243)
Restructuring charge 0 0 0 (61)
Operating (loss) income 780 2,399 4,127 2,414
Wealth Management Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Total revenues 49,389 50,875 150,153 146,660
Wealth Management Segment | Operating Segments | Trading (loss) income        
Segment Reporting Information [Line Items]        
Total revenues 670 490 2,561 2,235
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total revenues 23,941 20,225 69,383 52,325
Selling, general and administrative expenses (19,705) (17,843) (56,277) (42,932)
Depreciation and amortization (108) (82) (276) (234)
Operating (loss) income 4,128 2,300 12,830 9,159
Financial Consulting Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Total revenues 23,941 20,225 69,383 52,325
Communications Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total revenues 67,559 83,793 229,134 255,668
Direct cost of services (36,253) (46,012) (131,346) (136,830)
Cost of goods sold (1,350) (1,750) (4,323) (5,964)
Selling, general and administrative expenses (16,665) (21,655) (54,136) (64,440)
Depreciation and amortization (4,868) (6,739) (16,750) (19,775)
Restructuring charge (116) (145) (379) (402)
Operating (loss) income 8,307 7,492 22,200 28,257
Communications Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Total revenues 66,241 82,155 225,055 250,523
Communications Segment | Operating Segments | Sale of goods        
Segment Reporting Information [Line Items]        
Total revenues 1,318 1,638 4,079 5,145
Communications Segment | All Other        
Segment Reporting Information [Line Items]        
Total revenues 32,643 9,928 82,765 28,870
Cost of goods sold (2,556) 0 (5,304) 0
Communications Segment | All Other | Sale of goods        
Segment Reporting Information [Line Items]        
Total revenues 4,137 0 7,436 0
Consumer Products Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Total revenues 49,793 58,391 152,739 179,156
Cost of goods sold (36,406) (40,467) (109,270) (123,526)
Selling, general and administrative expenses (14,959) (16,214) (45,602) (51,990)
Depreciation and amortization (1,934) (2,595) (5,862) (7,784)
Restructuring charge 0 (83) (546) (486)
Impairment of goodwill and tradenames 0 (35,500) (27,681) (35,500)
Operating (loss) income (3,506) (36,468) (36,222) (40,130)
Consumer Products Segment | Operating Segments | Sale of goods        
Segment Reporting Information [Line Items]        
Total revenues $ 49,793 $ 58,391 $ 152,739 $ 179,156