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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Sep. 30, 2022
ASSETS    
Cash and cash equivalents $ 1,108.3 $ 1,108.5
Cash, securities and other assets segregated under federal and other regulations (including $5.8 million and $805.7 million at fair value at September 30, 2023 and 2022, respectively) 2,426.3 3,267.2
Collateralized transactions:    
Securities purchased under agreements to resell 2,979.5 1,672.0
Securities borrowed 1,129.1 1,209.8
Deposits with and receivables from broker-dealers, clearing organizations and counterparties, net (including $4,248.3 million and $2,817.2 million at fair value at September 30, 2023 and 2022, respectively) 7,443.8 6,842.6
Receivable from clients, net (including $(7.9) million and $(0.5) million at fair value at September 30, 2023 and 2022, respectively) 683.1 566.2
Notes receivable, net 5.2 5.1
Income taxes receivable 25.1 16.8
Financial instruments owned, at fair value (includes securities pledged as collateral that can be sold or repledged of $1,466.4 million and $2,372.3 million at September 30, 2023 and 2022, respectively) 5,044.8 4,167.3
Physical commodities inventory, net (including $386.5 million and $359.8 million at fair value at September 30, 2023 and 2022, respectively) 537.3 513.5
Deferred tax assets 45.4 52.0
Property and equipment, net 123.5 112.9
Operating right of use assets 122.1 121.8
Goodwill and intangible assets, net 82.4 86.2
Other assets 182.8 117.7
Total assets 21,938.7 19,859.6
Liabilities:    
Accounts payable and other accrued liabilities (including $1.5 million and $0.0 million at fair value at September 30, 2023 and 2022, respectively) 533.0 400.6
Operating lease liabilities 149.3 143.0
Payables to:    
Clients (including $79.8 million and $(1,392.4) million at fair value at September 30, 2023 and 2022, respectively) 9,976.0 9,891.0
Broker-dealers, clearing organizations and counterparties (including $10.2 million and $55.8 million at fair value at September 30, 2023 and 2022, respectively) 442.4 659.8
Lenders under loans 341.0 485.1
Senior secured borrowings, net 342.1 339.1
Income taxes payable 38.2 16.2
Deferred tax liabilities 8.1 0.0
Collateralized transactions:    
Securities sold under agreements to repurchase 4,526.6 3,195.6
Securities loaned 1,117.3 1,189.5
Financial instruments sold, not yet purchased, at fair value 3,085.6 2,469.6
Total liabilities 20,559.6 18,789.5
Commitments and contingencies (Note 13)
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 200,000,000 shares; 23,403,960 issued and 20,796,637 outstanding at September 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 September 30, 2023 and 2022 (69.3) (69.3)
Additional paid-in-capital 371.9 340.2
Retained earnings 1,128.1 889.6
Accumulated other comprehensive loss, net (51.8) (90.6)
Total equity 1,379.1 1,070.1
Total liabilities and stockholders' equity $ 21,938.7 $ 19,859.6