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Segment, Geographic and Product Information
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment, Geographic and Product Information

22.

Segment, Geographic and Product Information

Segment Information

The Company currently operates its business in one reportable segment, that of providing brokerage services to the financial markets, integrated voice and electronic brokerage in a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a broad range of financial and non-financial institutions.

Geographic Information

The Company offers products and services in the U.S., U.K., Asia (including Australia), Other Europe, the Middle East and Africa region, France, and Other Americas. Geographic information regarding revenues is as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

145,571

 

 

$

137,454

 

 

$

291,991

 

 

$

285,114

 

United Kingdom

 

 

222,473

 

 

 

204,563

 

 

 

454,253

 

 

 

427,677

 

Asia

 

 

92,297

 

 

 

69,661

 

 

 

173,864

 

 

 

138,272

 

Other Europe/MEA

 

 

54,349

 

 

 

43,613

 

 

 

104,192

 

 

 

93,633

 

France

 

 

21,130

 

 

 

20,940

 

 

 

42,619

 

 

 

42,370

 

Other Americas

 

 

15,367

 

 

 

14,812

 

 

 

29,019

 

 

 

28,751

 

Total revenues

 

$

551,187

 

 

$

491,043

 

 

$

1,095,938

 

 

$

1,015,817

 

 

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets, net; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas is as follows (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Long-lived assets:

 

 

 

 

 

 

 

 

United States

 

$

797,075

 

 

$

719,914

 

United Kingdom

 

 

554,508

 

 

 

367,681

 

Asia

 

 

99,480

 

 

 

57,626

 

Other Europe/MEA

 

 

26,997

 

 

 

23,917

 

France

 

 

16,663

 

 

 

12,294

 

Other Americas

 

 

20,317

 

 

 

18,637

 

Total long-lived assets

 

$

1,515,040

 

 

$

1,200,069

 

 

Product Information

The Company’s business is based on the products and services provided and reflect the manner in which financial information is evaluated by management.

The Company specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a broad range of financial and non-financial institutions.

Product information regarding revenues is as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rates

 

$

152,959

 

 

$

141,400

 

 

$

308,570

 

 

$

298,967

 

Credit

 

 

78,166

 

 

 

75,526

 

 

 

163,893

 

 

 

157,576

 

Foreign exchange

 

 

101,899

 

 

 

102,307

 

 

 

203,457

 

 

 

204,562

 

Energy and commodities

 

 

73,430

 

 

 

56,277

 

 

 

143,295

 

 

 

116,426

 

Equities, insurance, and other asset classes

 

 

104,947

 

 

 

87,965

 

 

 

205,936

 

 

 

185,719

 

Total brokerage revenues

 

$

511,401

 

 

$

463,475

 

 

$

1,025,151

 

 

$

963,250

 

All other revenue

 

 

39,786

 

 

 

27,568

 

 

 

70,787

 

 

 

52,567

 

Total revenues

 

$

551,187

 

 

$

491,043

 

 

$

1,095,938

 

 

$

1,015,817