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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting  
Summary of the segment financial information

A summary of the segment financial information is as follows (dollars in thousands):

 

 

 

U.S.
Operations (1)

 

Canadian
Operations

 

European
Operations

 

Asia Pacific
Operations

 

Consolidated

 

Three Months Ended March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

81,243

 

$

18,544

 

$

20,950

 

$

11,313

 

$

132,050

 

Income (loss) before income tax expense (benefit)

 

5,740

 

2,576

 

3,501

 

(865

)

10,952

 

Identifiable assets

 

1,888,817

 

97,632

 

1,271,052

 

743,862

 

4,001,363

 

Three Months Ended March 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

84,589

 

$

20,831

 

$

20,127

 

$

10,828

 

$

136,375

 

Income (loss) before income tax expense (benefit)

 

3,353

 

3,862

 

2,485

 

(1,206

)

8,494

 

Identifiable assets

 

1,657,150

 

95,324

 

994,500

 

1,061,221

 

3,808,195

 

 

 

(1)         Income before income tax expense for the three months ended March 31, 2013 for the U.S. Operations includes the impact of $1.3 million in duplicate rent charges for the new U.S. headquarters in New York City.

Schedule of revenues by product group

 

 

 

Three months ended March 31,

 

 

 

2013

 

2012

 

Revenues by Product Group:

 

 

 

 

 

Electronic Brokerage

 

$

69,648

 

$

72,180

 

Research Sales and Trading

 

25,413

 

26,426

 

Platforms

 

25,099

 

25,744

 

Analytics

 

11,670

 

11,597

 

Corporate (non-product)

 

220

 

428

 

Total Revenues

 

$

132,050

 

$

136,375