Note 22 - Segment and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2020

Notes Tables

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

	Capital			Asset		Principal			Segment			Unallocated
	Markets			Management		Investing			Total			(1)			Total
Net trading	$	55,524		$	-	$	-		$	55,524		$	-		$	55,524
Asset management		-			4,938		-			4,938			-			4,938
New issue and advisory		500			-		-			500			-			500
Principal transactions and other income		6			365		2,412			2,783			-			2,783
Total revenues		56,030			5,303		2,412			63,745			-			63,745
Salaries/Wages		29,840			3,262		-			33,102			3,321			36,423
Other Operating Expense		9,309			1,654		152			11,115			3,771			14,886
Impairment of goodwill		7,883			-		-			7,883			-			7,883
Total operating expenses		47,032			4,916		152			52,100			7,092			59,192
Operating income (loss)		8,998			387		2,260			11,645			(7,092	)		4,553
Interest income (expense)		(754	)		-		-			(754	)		(6,884	)		(7,638	)
Income (loss) from equity method affiliates		-			517		(3,228	)		(2,711	)		-			(2,711	)
Income (loss) before income taxes		8,244			904		(968	)		8,180			(13,976	)		(5,796	)
Income tax expense (benefit)		-			-		-			-			(623	)		(623	)
Net income (loss)		8,244			904		(968	)		8,180			(13,353	)		(5,173	)
Less: Net income (loss) attributable to the non-controlling interest		-			-		-			-			(4,627	)		(4,627	)
Net income (loss) attributable to Cohen & Company Inc.	$	8,244		$	904	$	(968	)	$	8,180		$	(8,726	)	$	(546	)
Other statement of operations data
Depreciation and amortization (included in total operating expense)	$	13		$	2	$	-		$	15		$	234		$	249

	Capital			Asset		Principal			Segment			Unallocated
	Markets			Management		Investing			Total			(1)			Total
Net trading	$	25,873		$	-	$	-		$	25,873		$	-		$	25,873
Asset management		-			5,765		-			5,765			-			5,765
New issue and advisory		250			-		-			250			-			250
Principal transactions and other income		2			379		1,307			1,688			-			1,688
Total revenues		26,125			6,144		1,307			33,576			-			33,576
Salaries/Wages		14,323			3,073		-			17,396			2,417			19,813
Other Operating Expense		8,515			1,821		300			10,636			3,120			13,756
Impairment of goodwill		-			-		-			-			-			-
Total operating expenses		22,838			4,894		300			28,032			5,537			33,569
Operating income (loss)		3,287			1,250		1,007			5,544			(5,537	)		7
Interest (expense) income		(140	)		-		-			(140	)		(5,189	)		(5,329	)
Income (loss) from equity method affiliates		-			-		(365	)		(365	)		-			(365	)
Income (loss) before income taxes		3,147			1,250		642			5,039			(10,726	)		(5,687	)
Income tax expense (benefit)		-			-		-			-			(917	)		(917	)
Net income (loss)		3,147			1,250		642			5,039			(9,809	)		(4,770	)
Less: Net income (loss) attributable to the non-controlling interest		-			-		-			-			(1,942	)		(1,942	)
Net income (loss) attributable to Cohen & Company Inc.	$	3,147		$	1,250	$	642		$	5,039		$	(7,867	)	$	(2,828	)
Other statement of operations data
Depreciation and amortization (included in total operating expense)	$	13		$	2	$	-		$	15		$	224		$	239

	Capital			Asset		Principal			Segment			Unallocated
	Markets			Management		Investing			Total			(1)			Total
Net trading	$	16,957		$	-	$	-		$	16,957		$	-		$	16,957
Asset management		-			1,631		-			1,631			-			1,631
New issue and advisory		500			-		-			500			-			500
Principal transactions and other income		-			151		2,617			2,768			-			2,768
Total revenues		17,457			1,782		2,617			21,856			-			21,856
Salaries/Wages		8,880			1,051		-			9,931			1,034			10,965
Other Operating Expense		3,074			583		50			3,707			1,112			4,819
Impairment of goodwill		-			-		-			-			-			-
Total operating expenses		11,954			1,634		50			13,638			2,146			15,784
Operating income (loss)		5,503			148		2,567			8,218			(2,146	)		6,072
Interest income (expense)		(345	)		-		-			(345	)		(1,607	)		(1,952	)
Income (loss) from equity method affiliates		-			217		(1,588	)		(1,371	)		-			(1,371	)
Income (loss) before income taxes		5,158			365		979			6,502			(3,753	)		2,749
Income tax expense (benefit)		-			-		-			-			(594	)		(594	)
Net income (loss)		5,158			365		979			6,502			(3,159	)		3,343
Less: Net income (loss) attributable to the non-controlling interest		-			-		-			-			1,688			1,688
Net income (loss) attributable to Cohen & Company Inc.	$	5,158		$	365	$	979		$	6,502		$	(4,847	)	$	1,655
Other statement of operations data
Depreciation and amortization (included in total operating expense)	$	4		$	1	$	-		$	5		$	80		$	85

	Capital			Asset		Principal			Segment			Unallocated
	Markets			Management		Investing			Total			(1)			Total
Net trading	$	8,479		$	-	$	-		$	8,479		$	-		$	8,479
Asset management		-			2,018		-			2,018			-			2,018
New issue and advisory		250			-		-			250			-			250
Principal transactions and other income		-			157		363			520			-			520
Total revenues		8,729			2,175		363			11,267			-			11,267
Salaries/Wages		5,148			1,020		-			6,168			849			7,017
Other Operating Expense		3,013			592		101			3,706			987			4,693
Impairment of goodwill		-			-		-			-			-			-
Total operating expenses		8,161			1,612		101			9,874			1,836			11,710
Operating income (loss)		568			563		262			1,393			(1,836	)		(443	)
Interest (expense) income		(36	)		-		-			(36	)		(1,500	)		(1,536	)
Income (loss) from equity method affiliates		-			-		(109	)		(109	)		-			(109	)
Income (loss) before income taxes		532			563		153			1,248			(3,336	)		(2,088	)
Income tax expense (benefit)		-			-		-			-			(170	)		(170	)
Net income (loss)		532			563		153			1,248			(3,166	)		(1,918	)
Less: Net income (loss) attributable to the non-controlling interest		-			-		-			-			(702	)		(702	)
Net income (loss) attributable to Cohen & Company Inc.	$	532		$	563	$	153		$	1,248		$	(2,464	)	$	(1,216	)
Other statement of operations data
Depreciation and amortization (included in total operating expense)	$	5		$	1	$	-		$	6		$	74		$	80

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

	Capital		Asset		Principal		Segment		Unallocated
	Markets		Management		Investing		Total		(1)		Total
Total Assets	$	6,480,005	$	1,513	$	30,280	$	6,511,798	$	15,753	$	6,527,551
Included within total assets:
Investments in equity method affiliates	$	-	$	-	$	7,776	$	7,776	$	-	$	7,776
Goodwill (2)	$	54	$	55	$	-	$	109	$	-	$	109
Intangible assets (2)	$	166	$	-	$	-	$	166	$	-	$	166

	Capital		Asset		Principal		Segment		Unallocated
	Markets		Management		Investing		Total		(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]

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Total Revenues:
United States	$	20,775	$	10,152	$	61,131	$	30,545
Europe & Other		1,081		1,115		2,614		3,031
Total	$	21,856	$	11,267	$	63,745	$	33,576