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Consolidated Income Statements - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Revenues:      
Sales of physical commodities $ 26,682.4 $ 28,673.3 $ 14,112.0
Trading gains, net 389.1 332.2 321.2
Commission and clearing fees 356.8 283.4 224.3
Consulting, management, and account fees 71.1 65.0 42.2
Interest income 123.3 69.7 55.2
Total revenues 27,622.7 29,423.6 14,754.9
Cost of sales of physical commodities 26,646.9 28,639.6 14,083.9
Operating revenues 975.8 784.0 671.0
Transaction-based clearing expenses 179.7 136.3 129.9
Introducing broker commissions 133.8 113.0 68.9
Interest expense 80.7 42.1 28.3
Net operating revenues 581.6 492.6 443.9
Compensation and other expenses:      
Compensation and benefits 337.7 295.7 263.9
Trading systems and market information 34.7 34.4 28.0
Occupancy and equipment rental 16.5 15.2 13.3
Professional fees 18.1 15.2 14.0
Travel and business development 13.8 13.3 11.5
Non-trading technology and support 13.9 11.6 7.1
Depreciation and amortization 11.6 9.8 8.2
Communications 5.4 5.0 4.7
Bad debts 3.1 4.3 4.4
Bad debt on physical coal 1.0 47.0 0.0
Other 26.3 25.9 22.3
Total compensation and other expenses 482.1 477.4 377.4
Other gains 2.0 0.0 6.2
Income from operations, before tax 101.5 15.2 72.7
Income tax expense 46.0 8.8 18.0
Net Income $ 55.5 $ 6.4 $ 54.7
Basic earnings per share:      
Net income per common share $ 2.93 $ 0.32 $ 2.94
Diluted earnings per share:      
Net income per common share $ 2.87 $ 0.31 $ 2.90
Weighted-average number of common shares outstanding:      
Basic 18,549,011 18,395,987 18,410,561
Diluted 18,934,830 18,687,354 18,625,372