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Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues:    
Sales of physical commodities $ 10,978.0 $ 6,295.8
Principal gains, net 112.5 94.9
Commission and clearing fees 87.2 97.4
Consulting, management, and account fees 21.3 19.1
Interest income 46.0 45.0
Total revenues 11,245.0 6,552.2
Cost of sales of physical commodities 10,968.2 6,287.5
Operating revenues 276.8 264.7
Transaction-based clearing expenses 46.3 50.1
Introducing broker commissions 26.2 32.6
Interest expense 33.8 33.0
Net operating revenues 170.5 149.0
Compensation and other expenses:    
Compensation and benefits 104.0 89.1
Trading systems and market information 10.4 9.2
Occupancy and equipment rental 5.0 4.4
Professional fees 6.0 5.3
Travel and business development 4.5 3.8
Non-trading technology and support 6.0 4.2
Depreciation and amortization 3.9 2.9
Communications 1.6 1.3
Bad debts 0.0 0.3
Recovery of bad debt on physical coal 0.0 (2.4)
Other 7.5 6.5
Total compensation and other expenses 148.9 124.6
Other gain 0.1 0.0
Income before tax 21.7 24.4
Income tax expense 5.4 6.2
Net income $ 16.3 $ 18.2
Earnings per share:    
Basic $ 0.85 $ 0.96
Diluted $ 0.84 $ 0.94
Weighted-average number of common shares outstanding:    
Basic 18,750,270 18,659,748
Diluted 19,074,562 18,993,046