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Consolidated Statements of Changes in Equity (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings/(Accumulated Deficit)
Redeemable Non-controlling Interest
Comprehensive Income (Loss)
Balance at Dec. 31, 2008 $ 330,892 $ 375 $ 0 $ 277,464 $ (1,163) $ 54,216 $ 284,936  
Balance, shares at Dec. 31, 2008   37,536,826            
Comprehensive income (loss):                
Net income (loss), including portion attributable to non-controlling interest (39,039)             (39,039)
Net income (loss) attributable to redeemable non-controlling interest 16,248           16,248  
Net income (loss) attributable to Cowen Group, Inc. stockholders (55,287)         (55,287)    
Defined benefit plans 636       636     636
Foreign currency translation 7       7     7
Total comprehensive income (loss) (54,644)       643 (55,287) 16,248 (38,396)
Capital contributions 4,906     4,906        
Capital distributions (9,482)         (9,482)    
Capital contributions by non-controlling interests in Consolidated Funds             1,613  
Capital withdrawals to non-controlling interests in Consolidated Funds             (60,214)  
Acquisition of non-controlling interest (see Note 2) 3,112 27   3,085     (13,482)  
Common stock issuance upon acquisition (see Note 2) 114,497 151   114,346     1,724  
Acquisition of non-controlling interest (see Note 2), shares   2,713,882            
Common stock issuance upon acquisition, shares (see Note 2)   15,055,619            
Restricted stock awards issued, shares   2,144,138            
Issuance of common stock on share offering, shares   17,292,698            
Issuance of common stock on share offering 80,607 173   80,434        
Amortization of share based compensation 3,637     3,637        
Balance at Dec. 31, 2009 473,525 726 0 483,872 (520) (10,553) 230,825  
Balance, shares at Dec. 31, 2009   74,743,163            
Comprehensive income (loss):                
Net income (loss), including portion attributable to non-controlling interest (31,690)             (31,690)
Net income (loss) attributable to redeemable non-controlling interest 13,727           13,727  
Net income (loss) attributable to Cowen Group, Inc. stockholders (45,417)         (45,417)    
Defined benefit plans 241       241     241
Foreign currency translation 299       299     299
Total comprehensive income (loss) (44,877)       540 (45,417) 13,727 (31,150)
Capital contributions by non-controlling interests in Consolidated Funds             10,062  
Capital withdrawals to non-controlling interests in Consolidated Funds             (105,869)  
Restricted stock awards issued, shares   747,046            
Amortization of share based compensation 20,608     20,608        
Minority interest increase from consolidation of entities             409  
Deconsolidation of CHRP GP (see Note 3b)             (1,713)  
Deconsolidation of Replication Ltd (see Note 3b)             (3,095)  
Balance at Dec. 31, 2010 449,256 726 0 504,480 20 (55,970) 144,346  
Balance, shares at Dec. 31, 2010   75,490,209            
Comprehensive income (loss):                
Net income (loss), including portion attributable to non-controlling interest (102,183)             (102,183)
Net income (loss) attributable to redeemable non-controlling interest 5,827           5,827  
Net income (loss) attributable to Cowen Group, Inc. stockholders (108,010)         (108,010)    
Defined benefit plans 25       25     25
Foreign currency translation (260)       (260)     (260)
Total comprehensive income (loss) (108,245)       (235) (108,010) 5,827 (102,418)
Capital contributions by non-controlling interests in Consolidated Funds             4,038  
Capital withdrawals to non-controlling interests in Consolidated Funds             (53,094)  
Common stock issuance upon acquisition (see Note 2) 156,048 409   155,639        
Common stock issuance upon acquisition, shares (see Note 2)   40,850,133            
Restricted stock awards issued, shares   3,053,298            
Amortization of share based compensation 28,308     28,308        
Minority interest increase from consolidation of entities             3,470  
Purchase of treasury stock, at cost (16,902)   (16,902)          
Purchase of treasury stock, at cost, Shares   (5,346,003)            
Balance at Dec. 31, 2011 $ 508,465 $ 1,135 $ (16,902) $ 688,427 $ (215) $ (163,980) $ 104,587  
Balance, shares at Dec. 31, 2011   114,047,637