XML 122 R106.htm IDEA: XBRL DOCUMENT v3.19.1
Supplementary Financial Information - Expenses as a Percent (unaudited) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 19, 2018
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Total revenues (as a percent)   100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%                
Expenses (as a percent)                                  
Acquisition-related costs   $ 8,000                              
Compensation and employee benefits (as a percent)   37.10% 37.50% 35.10% 34.80% 35.70% 40.80% 37.80% 38.60%                
Transaction processing (as a percent)   20.10% 19.30% 20.20% 20.60% 21.30% 20.50% 21.00% 20.60%                
Occupancy and equipment (as a percent)   11.70% 13.20% 11.70% 11.20% 18.40% 13.00% 12.10% 12.90%                
Telecommunications and data processing services (as a percent)   10.30% 10.50% 10.10% 9.60% 9.60% 10.60% 10.00% 10.00%                
Restructuring charges (as a percent)   0.00% 2.80%   5.40%                        
Other general and administrative (as a percent)   19.00% 14.10% 22.70% 13.50% 15.00% 16.30% 14.60% 14.30%                
Interest expense (as a percent)   0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%                
Total expenses (as a percent)   98.70% 97.70% 100.20% 95.50% 100.40% 101.60% 95.90% 96.80%                
Income (loss) before income tax expense   1.30% 2.30% (0.20%) 4.50% (0.40%) (1.60%) 4.10% 3.20%                
Income tax expense (as a percent)   2.00% 2.10% 2.20% 1.20% 1.60% 39.30% 0.40% (1.20%)                
Net income (loss) (as a percent)   (0.70%) 0.20% (2.40%) 3.30% (2.00%) (40.90%) 3.70% 4.40%                
Write off of fixed assets           $ 8,100                 $ 400    
Corporate income tax rate as a percentage           35.00%                 21.00% 35.00% 35.00%
Valuation allowance   $ 58,879       $ 58,448                 $ 58,879 $ 58,448  
Net deferred tax assets   2,865       3,152   $ 42,300             2,865 3,152  
Increase (decrease) in valuation allowance             $ 48,100               (400)    
Legal and other settlement related costs   8,000   $ 1,200                          
Impairment of intangible assets                               $ 325  
Restructuring charges   1 $ 3,436   $ 7,165                   $ 10,601   $ 9,620
Litigation settlement amount $ 18,000                                
ITG Derivatives                                  
Expenses (as a percent)                                  
Increase (decrease) in accrual for the consolidation of office space   500 900                            
Impairment of intangible assets             300                    
Settlement agreement for termination of Former CEO                                  
Expenses (as a percent)                                  
Legal and other settlement related costs                           $ 2,700      
Net settlement charge                           4,800      
Insurance recovery                       $ 500   $ 500      
Proceeds from insurer to settle claims                     $ 900            
Settlement Agreement With SEC Involving Pre-released ADRs                                  
Expenses (as a percent)                                  
Legal and other settlement related costs                         $ 2,900        
Settlement with the SEC, related to an investigation into the operational features of U.S. POSIT and access to U.S. POSIT data                                  
Expenses (as a percent)                                  
Legal and other settlement related costs   $ 100 900 200                          
Litigation settlement amount       $ 12,000                          
Employee separation and related costs                                  
Expenses (as a percent)                                  
Increase (decrease) in accrual for the consolidation of office space     3,400                            
Restructuring charges         $ 7,200         $ 5,300              
Employee separation and related costs | Settlement with the SEC, related to an investigation into the operational features of U.S. POSIT and access to U.S. POSIT data                                  
Expenses (as a percent)                                  
Restructuring charges     $ 3,400                            
Reduction in trading and sales organizations and closing matched-book securities operations                                  
Expenses (as a percent)                                  
Restructuring charges                       $ 4,300          
U.S.                                  
Expenses (as a percent)                                  
Valuation allowance             42,300                    
Increase (decrease) in valuation allowance           $ (900)                      
Matrix Holding Group                                  
Expenses (as a percent)                                  
Legal and other settlement related costs             $ 800