XML 82 R67.htm IDEA: XBRL DOCUMENT v3.20.4

Note 29 - Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Capital				Asset				Principal				Segment
		Markets				Management				Investing				Total				Unallocated (1)				Total
Net trading		$	73,611			$	-			$	-			$	73,611			$	-			$	73,611
Asset management			-				8,759				-				8,759				-				8,759
New issue and advisory			2,234				-				-				2,234				-				2,234
Principal transactions and other income			3				639				44,864				45,506				-				45,506
Total revenues			75,848				9,398				44,864				130,110				-				130,110
Compensation and benefits			36,092				5,309				11,700				53,101				6,801				59,902
Other operating expense			12,546				2,042				168				14,756				5,241				19,997
Impairment of goodwill			7,883				-				-				7,883				-				7,883
Total operating expenses			56,521				7,351				11,868				75,740				12,042				87,782
Operating income / (loss)			19,327				2,047				32,996				54,370				(12,042	)			42,328
Interest income (expense)			(997	)			-				-				(997	)			(8,592	)			(9,589	)
Income / (loss) from equity method affiliates			-				639				(3,594	)			(2,955	)			-				(2,955	)
Income / (loss) before income taxes			18,330				2,686				29,402				50,418				(20,634	)			29,784
Income tax expense / (benefit)			-				-				-				-				(8,669	)			(8,669	)
Net income / (loss)			18,330				2,686				29,402				50,418				(11,965	)			38,453
Less: Net income / (loss) attributable to the non-controlling interest			-				1,408				8,640				10,048				14,200				24,248
Net income / (loss) attributable to Cohen & Company Inc.		$	18,330			$	1,278			$	20,762			$	40,370			$	(26,165	)		$	14,205
Other statement of operations data
Depreciation and amortization (included in total operating expense)		$	18			$	3			$	-			$	21			$	313			$	334

		Capital				Asset				Principal				Segment
		Markets				Management				Investing				Total				Unallocated (1)				Total
Net trading		$	38,172			$	-			$	-			$	38,172			$	-			$	38,172
Asset management			-				7,560				-				7,560				-				7,560
New issue and advisory			1,831				-				-				1,831				-				1,831
Principal transactions and other income			1				530				1,572				2,103				-				2,103
Total revenues			40,004				8,090				1,572				49,666				-				49,666
Compensation and benefits			18,575				4,805				-				23,380				2,592				25,972
Other operating expense			12,257				2,456				399				15,112				4,541				19,653
Impairment of goodwill			-				-				-				-				-				-
Total operating expenses			30,832				7,261				399				38,492				7,133				45,625
Operating income / (loss)			9,172				829				1,173				11,174				(7,133	)			4,041
Interest income (expense)			(175	)			-				-				(175	)			(7,409	)			(7,584	)
Income / (loss) from equity method affiliates			-				-				(553	)			(553	)			-				(553	)
Income / (loss) before income taxes			8,997				829				620				10,446				(14,542	)			(4,096	)
Income tax expense / (benefit)			-				-				-				-				(523	)			(523	)
Net income / (loss)			8,997				829				620				10,446				(14,019	)			(3,573	)
Less: Net income / (loss) attributable to the non-controlling interest			-				-				(288	)			(288	)			(1,231	)			(1,519	)
Net income / (loss) attributable to Cohen & Company Inc.		$	8,997			$	829			$	908			$	10,734			$	(12,788	)		$	(2,054	)
Other statement of operations data
Depreciation and amortization (included in total operating expense)		$	18			$	3			$	-			$	21			$	297			$	318

		Capital				Asset				Principal				Segment
		Markets				Management				Investing				Total				Unallocated (1)				Total
Net trading		$	29,298			$	-			$	-			$	29,298			$	-			$	29,298
Asset management			-				12,536				-				12,536				-				12,536
New issue and advisory			2,979				-				-				2,979				-				2,979
Principal transactions and other income			39				678				3,856				4,573				-				4,573
Total revenues			32,316				13,214				3,856				49,386				-				49,386
Salaries/Wages			17,539				4,571				321				22,431				2,954				25,385
Other Operating Expense			12,410				3,800				391				16,601				3,741				20,342
Impairment of goodwill			-				-				-				-				-				-
Total operating expenses			29,949				8,371				712				39,032				6,695				45,727
Operating income / (loss)			2,367				4,843				3,144				10,354				(6,695	)			3,659
Interest income (expense)			(236	)			-				-				(236	)			(8,251	)			(8,487	)
Income / (loss) from equity method affiliates			-				-				-				-				-				-
Income / (loss) before income taxes			2,131				4,843				3,144				10,118				(14,946	)			(4,828	)
Income tax expense / (benefit)			-				-				-				-				(841	)			(841	)
Net income / (loss)			2,131				4,843				3,144				10,118				(14,105	)			(3,987	)
Less: Net income / (loss) attributable to the non-controlling interest			-				-				-				-				(1,524	)			(1,524	)
Net income / (loss) attributable to Cohen & Company Inc.		$	2,131			$	4,843			$	3,144			$	10,118			$	(12,581	)		$	(2,463	)
Other statement of operations data
Depreciation and amortization (included in total operating expense)		$	48			$	4			$	-			$	52			$	209			$	261

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

		Capital				Asset				Principal				Segment
		Markets				Management				Investing				Total				Unallocated (1)				Total
Total Assets		$	6,049,599			$	1,540			$	72,292			$	6,123,431			$	25,948			$	6,149,379
Included within total assets:
Investments in equity method affiliates		$	-			$	-			$	13,482			$	13,482			$	-			$	13,482
Goodwill (2)		$	54			$	55			$	-			$	109			$	-			$	109
Intangible assets (2)		$	166			$	-			$	-			$	166			$	-			$	166

		Capital				Asset				Principal				Segment
		Markets				Management				Investing				Total				Unallocated (1)				Total
Total Assets		$	7,968,491			$	1,616			$	18,689			$	7,988,796			$	12,828			$	8,001,624
Included within total assets:
Investments in equity method affiliates		$	-			$	-			$	3,799			$	3,799			$	-			$	3,799
Goodwill (2)		$	7,937			$	55			$	-			$	7,992			$	-			$	7,992
Intangible assets (2)		$	166			$	-			$	-			$	166			$	-			$	166

Revenue from External Customers by Geographic Areas [Table Text Block]

		Year Ended December 31,
		2020				2019				2018
Total Revenues:
United States		$	125,067			$	43,772			$	43,309
United Kingdom & Other			5,043				5,894				6,077
Total		$	130,110			$	49,666			$	49,386

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ 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
-Subparagraph a
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
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_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration