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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Sep. 30, 2022
ASSETS    
Cash and cash equivalents $ 1,401.3 $ 1,108.5
Cash, securities and other assets segregated under federal and other regulations (including $4.8 million and $805.7 million at fair value at June 30, 2023 and September 30, 2022, respectively) 2,492.4 3,267.2
Collateralized transactions:    
Securities purchased under agreements to resell 2,642.0 1,672.0
Securities borrowed 1,094.3 1,209.8
Deposits with and receivables from broker-dealers, clearing organizations and counterparties, net (including $3,641.6 million and $2,817.2 million at fair value at June 30, 2023 and September 30, 2022, respectively) 7,297.7 6,842.6
Receivable from clients, net (including $(0.1) million and $(0.5) million at fair value at June 30, 2023 and September 30, 2022, respectively) 698.9 566.2
Notes receivable, net 5.3 5.1
Income taxes receivable 24.9 16.8
Financial instruments owned, at fair value (includes securities pledged as collateral that can be sold or repledged of $1,417.7 million and $2,372.3 million at June 30, 2023 and September 30, 2022, respectively) 5,305.3 4,167.3
Physical commodities inventory, net (including $275.2 million and $359.8 million at fair value at June 30, 2023 and September 30, 2022, respectively) 444.7 513.5
Deferred income taxes, net 32.9 52.0
Property and equipment, net 118.2 112.9
Operating right of use assets 122.3 121.8
Goodwill and intangible assets, net 85.2 86.2
Other assets 167.7 117.7
Total assets 21,933.1 19,859.6
Liabilities:    
Accounts payable and other accrued liabilities (including $1.4 million and $0 at fair value at June 30, 2023 and September 30, 2022, respectively) 476.1 400.6
Operating lease liabilities 150.9 143.0
Payables to:    
Clients (including $(296.5) million and $(1,392.4) million at fair value at June 30, 2023 and September 30, 2022, respectively) 9,723.9 9,891.0
Broker-dealers, clearing organizations and counterparties (including $3.2 million and $55.8 million at fair value at June 30, 2023 and September 30, 2022, respectively) 633.6 659.8
Lenders under loans 422.6 485.1
Senior secured borrowings, net 341.3 339.1
Income taxes payable 35.8 16.2
Collateralized transactions:    
Securities sold under agreements to repurchase 5,029.5 3,195.6
Securities loaned 1,093.3 1,189.5
Financial instruments sold, not yet purchased, at fair value 2,696.2 2,469.6
Total liabilities 20,603.2 18,789.5
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; no shares issued or outstanding 0.0 0.0
Common stock, $0.01 par value. Authorized 30,000,000 shares; 23,356,948 issued and 20,749,625 outstanding at June 30, 2023 and 22,911,227 issued and 20,303,904 outstanding at September 30, 2022 0.2 0.2
Common stock in treasury, at cost. 2,607,323 shares at June 30, 2023 and September 30, 2022 (69.3) (69.3)
Additional paid-in-capital 365.1 340.2
Retained earnings 1,077.4 889.6
Accumulated other comprehensive loss, net (43.5) (90.6)
Total equity 1,329.9 1,070.1
Total liabilities and stockholders' equity $ 21,933.1 $ 19,859.6