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Segment Reporting (Tables)
12 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Summary Of Operating Information By Segments

 

 

 

 

 

 

 

 

 

FINANCIAL INFORMATION

 

(in thousands)

Clearing 

Retail Brokerage

Institutional Brokerage

Banking 

Other Consolidated Entities

Consolidated SWS Group, Inc.

 

June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenue

$   14,145 

$      108,892 

$          97,834 

$       1,937 

$             1,413 

$         224,221 

 

Net intersegment revenues

(712)
706 
(231)
3,278 
(3,041)

 -

 

Net interest revenue

6,099 
3,565 
10,377 
35,114 
(13,014)
42,141 

 

Net revenues

20,244 
112,457 
108,211 
37,051 
(11,601)
266,362 

 

Non-interest expenses

16,958 
102,864 
84,696 
26,297 
38,058 
268,873 

 

Other losses

 -

 -

 -

 -

(3,599)
(3,599)

 

Depreciation and amortization

20 
843 
312 
1,480 
2,739 
5,394 

 

Net income (loss) before taxes

3,286 
9,593 
23,515 
10,754 
(53,258)
(6,110)

 

Assets (*)

271,381 
211,105 
2,240,750 
1,257,799 
10,235 
3,991,270 

 

 

 

 

 

 

 

 

 

June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenue

$   12,875 

$      107,109 

$          95,569 

$       2,678 

$             2,533 

$         220,764 

 

Net intersegment revenues

(725)
714 
(227)
3,458 
(3,220)

 -

 

Net interest revenue

6,063 
3,331 
12,378 
41,423 
(12,306)
50,889 

 

Net revenues

18,938 
110,440 
107,947 
44,101 
(9,773)
271,653 

 

Non-interest expenses

19,419 
107,942 
87,081 
31,359 
36,155 
281,956 

 

Other gains

 -

 -

 -

 -

3,613 
3,613 

 

Depreciation and amortization

66 
872 
421 
1,747 
2,376 
5,482 

 

Net income (loss) before taxes

(481)
2,498 
20,866 
12,742 
(42,315)
(6,690)

 

Assets (*)

260,824 
212,001 
1,836,469 
1,269,308 
36,093 
3,614,695 

 

 

 

 

 

 

 

 

 

June 29, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenue

$   12,558 

$      103,150 

$         114,498 

$       2,714 

$            (1,299)

$         231,621 

 

Net intersegment revenues

(770)
676 
128 
3,657 
(3,691)

 -

 

Net interest revenue

6,056 
3,732 
15,579 
47,228 
(10,793)
61,802 

 

Net revenues

18,614 
106,882 
130,077 
49,942 
(12,092)
293,423 

 

Non-interest expenses

20,368 
108,788 
90,423 
42,626 
33,484 
295,689 

 

Other losses

 -

 -

 -

 -

(3,674)
(3,674)

 

Depreciation and amortization

75 
921 
416 
1,922 
2,445 
5,779 

 

Net income (loss) before taxes

(1,754)
(1,906)
39,654 
7,316 
(49,250)
(5,940)

 

Assets (*)

279,367 
203,916 
1,600,659 
1,306,653 
71,564 
3,462,159 

 

 

 

 

 

 

 

 

 

________

 (*)  Assets are reconciled to total assets as presented in the June  30, 2014, June 30, 2013 and June 29, 2012 Consolidated Statements of Financial Condition as follows (in thousands):

Summary Of Reconciliation Of Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2014

 

June 30, 2013

 

June 29, 2012

 

Amount as presented above

$         3,991,270 

 

$         3,614,695 

 

$         3,462,159 

 

Reconciling items:

 

 

 

 

 

 

Unallocated assets:

 

 

 

 

 

 

Cash

16,709 

 

12,071 

 

9,365 

 

Receivables from brokers, dealers and clearing

 

 

 

 

 

 

organizations         

31,655 

 

81,378 

 

44,780 

 

Receivable from clients, net of allowances     

19,171 

 

51,437 

 

17,231 

 

Other assets

31,271 

 

24,037 

 

20,504 

 

Unallocated eliminations

(14,170)

 

(3,245)

 

(7,196)

 

Total assets

$         4,075,906 

 

$         3,780,373 

 

$         3,546,843