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Condensed Parent Only Financial Statements [Schedule]
 12 Months Ended
Sep. 30, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
Schedule I
INTL FCStone Inc.
Condensed Balance Sheets
Parent Company Only
(in millions)
September 30,
2013
 
September 30,
2012
ASSETS
 
 
 
Cash and cash equivalents
$
3.1

 
$
13.1

Receivable from subsidiaries
22.9

 
20.1

Notes receivable, net
27.3

 
10.2

Income taxes receivable
17.5

 
14.3

Financial instruments owned, at fair value
—

 
1.5

Investment in subsidiaries(1)
237.3

 
220.1

Deferred income taxes
7.1

 
0.9

Property and equipment, net
3.6

 
4.3

Goodwill and intangible assets, net
—

 
—

Other assets
4.3

 
3.4

Total assets
$
323.1

 
$
287.9

LIABILITIES AND EQUITY
 
 
 
Liabilities:
 
 
 
Accounts payable and other accrued liabilities
$
11.1

 
$
4.2

Payable to customers
18.7

 
0.7

Payable to lenders under loans
55.0

 
48.0

Senior unsecured notes
45.5

 
—

Financial instruments sold, not yet purchased, at fair value
0.6

 
25.3

Total liabilities
130.9

 
78.2

 
 
 
 
Equity:
 
 
 
INTL FCStone Inc. (Parent Company Only) stockholders’ equity:
 
 
 
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; no shares issued or outstanding
—

 
—

Common stock, $0.01 par value. Authorized 30,000,000 shares; 19,638,330 issued and 19,209,157 outstanding at September 30, 2013 and 19,214,219 issued and 18,984,951 outstanding at September 30, 2012
0.2

 
0.2

Common stock in treasury, at cost - 429,173 shares at September 30, 2013 and 229,064 shares at September 30, 2012
(7.8
)
 
(4.1
)
Additional paid-in capital
224.0

 
213.2

Retained earnings(1)
(24.2
)
 
0.4

Total INTL FCStone Inc. (Parent Company Only) stockholders’ equity
192.2

 
209.7

Total liabilities and equity
$
323.1

 
$
287.9



(1) Within the Condensed Balance Sheets and Condensed Statements of Operations of INTL FCStone Inc. - Parent Company Only, the Company has accounted for its investment in wholly owned subsidiaries using the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such subsidiaries are not included in the Condensed Balance Sheet or Condensed Statements of Operations. If the accounting for its investment in wholly owned subsidiaries were presented under the equity method of accounting, investment in subsidiaries and retained earnings would each increase by $149.6 million as of September 30, 2013, respectively, and $105.7 million, as restated, as of September 30, 2012, respectively.
Schedule I
INTL FCStone Inc.
Condensed Statements of Operations
Parent Company Only
 
Year Ended September 30,
(in millions)
2013
 
2012
 
2011
Revenues:
 
 
 
 
 
Trading gains, net
$
7.2

 
$
7.1

 
$
3.1

Consulting and management fees
1.6

 
0.2

 
—

Interest income
3.6

 
2.1

 
4.3

Other income(2)
2.0

 
0.1

 
0.4

Total revenues
14.4

 
9.5

 
7.8

Interest expense
7.1

 
5.6

 
9.7

Net revenues
7.3

 
3.9

 
(1.9
)
Non-interest expenses:
 
 
 
 
 
Compensation and benefits
30.5

 
12.4

 
8.6

Clearing and related expenses
0.5

 
0.3

 
0.1

Introducing broker commissions
0.5

 
—

 
0.2

Communication and data services
0.9

 
0.6

 
0.5

Occupancy and equipment rental
1.4

 
1.0

 
1.2

Professional fees
2.3

 
3.1

 
3.8

Travel and business development
1.2

 
1.4

 
0.5

Depreciation and amortization
1.5

 
1.2

 
0.6

Bad debts and impairments
—

 
2.2

 
—

Other
6.3

 
5.4

 
(1.0
)
Total non-interest expenses
45.1

 
27.6

 
14.5

Loss from continuing operations, before tax
(37.8
)
 
(23.7
)
 
(16.4
)
Income tax benefit
13.2

 
9.2

 
6.4

Net loss
$
(24.6
)
 
$
(14.5
)
 
$
(10.0
)

(2) Within the Condensed Balance Sheets and Condensed Statements of Operations of INTL FCStone Inc. - Parent Company Only, the Company has accounted for its investment in wholly owned subsidiaries using the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such subsidiaries are not included in the Condensed Balance Sheet or Condensed Statements of Operations. If the accounting for its investment in wholly owned subsidiaries were presented under the equity method of accounting, revenues would include income from investment in subsidiaries of $43.9 million, $27.3 million, as restated, and $44.8 million, as restated, for the years ended September 30, 2013, 2012 and 2011, respectively.

Certain amounts previously reported have been reclassified to conform to the current period presentation.
Schedule I
INTL FCStone Inc.
Condensed Statements of Cash Flows
Parent Company Only

 
Year Ended September 30,
(in millions)
2013
 
2012
 
2011
Cash flows from operating activities:
 
 
 
 
 
Net loss
$
(24.6
)
 
$
(14.5
)
 
$
(10.0
)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
 
 
 
 
 
Depreciation and amortization
1.5

 
1.2

 
0.6

Provision for impairments
—

 
2.2

 
—

Deferred income taxes
(6.1
)
 
(0.1
)
 
1.1

Amortization of debt issuance costs and debt discount
0.5

 
0.5

 
0.2

Convertible debt interest settled in common stock upon conversion
—

 
—

 
0.2

Amortization of share-based compensation expense
9.3

 
5.9

 
2.3

Gain on acquisition of INTL Provident
—

 
—

 
(0.4
)
Changes in operating assets and liabilities:
 
 
 
 
 
Receivable from subsidiaries
(2.8
)
 
21.7

 
35.7

Notes receivable, net
(17.1
)
 
(10.2
)
 
—

Income taxes receivable
(3.2
)
 
7.1

 
(13.6
)
Financial instruments owned, at fair value
1.5

 
1.7

 
(0.4
)
Other assets
1.7

 
(0.3
)
 
(0.8
)
Accounts payable and other accrued liabilities
1.4

 
(2.2
)
 
1.7

Payable to customers
18.0

 
0.7

 
—

Financial instruments sold, not yet purchased, at fair value
(24.7
)
 
(33.4
)
 
(0.5
)
Net cash (used in) provided by operating activities
(44.6
)
 
(19.7
)
 
16.1

Cash flows from investing activities:
 
 
 
 
 
Capital contribution in affiliates
(11.5
)
 
(12.5
)
 
(1.0
)
Purchase of property and equipment
(0.8
)
 
(2.7
)
 
(1.7
)
Net cash used in investing activities
(12.3
)
 
(15.2
)
 
(2.7
)
Cash flows from financing activities:
 
 
 
 
 
Payable to lenders under loans
7.0

 
48.0

 
(11.9
)
Proceeds from issuance of senior unsecured notes
45.5

 
—

 
—

Share repurchase
(4.0
)
 
(4.0
)
 
—

Debt issuance costs
(3.2
)
 
(0.1
)
 
(1.2
)
Exercise of stock options
1.5

 
1.9

 
1.3

Income tax benefit on stock options and awards
0.1

 
0.2

 
—

Net cash provided by (used in) financing activities
46.9

 
46.0

 
(11.8
)
Net (decrease) increase in cash and cash equivalents
(10.0
)
 
11.1

 
1.6

Cash and cash equivalents at beginning of period
13.1

 
2.0

 
0.4

Cash and cash equivalents at end of period
$
3.1

 
$
13.1

 
$
2.0

Supplemental disclosure of cash flow information:
 
 
 
 
 
Cash paid for interest
$
3.0

 
$
2.1

 
$
3.0

Income taxes (received) paid, net of cash refunds
$
(1.6
)
 
$
0.1

 
$
10.8

Supplemental disclosure of non-cash investing and financing activities:
 
 
 
 
 
Conversion of subordinated notes to common stock, net
$
—

 
$
—

 
$
16.7