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Segment, Geographic and Product Information
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment, Geographic and Product Information

22.

Segment, Geographic and Product Information

Segment Information

The Company currently operates its business in one reportable segment, that of providing brokerage services to the financial markets, integrated voice and electronic brokerage in a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a broad range of financial and non-financial institutions.

Geographic Information

The Company offers products and services in the U.S., U.K., Asia (including Australia), Other Europe, the Middle East and Africa region, France, and Other Americas. Geographic information regarding revenues is as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

134,230

 

 

$

126,534

 

 

$

426,221

 

 

$

411,648

 

United Kingdom

 

 

212,121

 

 

 

193,622

 

 

 

666,374

 

 

 

621,299

 

Asia

 

 

84,730

 

 

 

70,602

 

 

 

258,594

 

 

 

208,874

 

Other Europe/MEA

 

 

53,374

 

 

 

36,163

 

 

 

157,566

 

 

 

129,796

 

France

 

 

21,724

 

 

 

15,800

 

 

 

64,343

 

 

 

58,170

 

Other Americas

 

 

14,958

 

 

 

12,921

 

 

 

43,977

 

 

 

41,672

 

Total revenues

 

$

521,137

 

 

$

455,642

 

 

$

1,617,075

 

 

$

1,471,459

 

 

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets, net; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas is as follows (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Long-lived assets:

 

 

 

 

 

 

 

 

United States

 

$

770,047

 

 

$

719,914

 

United Kingdom

 

 

567,439

 

 

 

367,681

 

Asia

 

 

106,534

 

 

 

57,626

 

Other Europe/MEA

 

 

32,756

 

 

 

23,917

 

France

 

 

22,493

 

 

 

12,294

 

Other Americas

 

 

19,197

 

 

 

18,637

 

Total long-lived assets

 

$

1,518,466

 

 

$

1,200,069

 

 

Product Information

The Company’s business is based on the products and services provided and reflect the manner in which financial information is evaluated by management.

The Company specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a broad range of financial and non-financial institutions.

Product information regarding revenues is as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rates

 

$

156,765

 

 

$

121,984

 

 

$

465,335

 

 

$

420,951

 

Credit

 

 

72,382

 

 

 

67,111

 

 

 

236,275

 

 

 

224,687

 

Foreign exchange

 

 

86,492

 

 

 

96,988

 

 

 

289,949

 

 

 

301,550

 

Energy and commodities

 

 

72,335

 

 

 

57,974

 

 

 

215,630

 

 

 

174,400

 

Equities, insurance, and other asset classes

 

 

96,644

 

 

 

81,272

 

 

 

302,580

 

 

 

266,991

 

Total brokerage revenues

 

$

484,618

 

 

$

425,329

 

 

$

1,509,769

 

 

$

1,388,579

 

All other revenues

 

 

36,519

 

 

 

30,313

 

 

 

107,306

 

 

 

82,880

 

Total revenues

 

$

521,137

 

 

$

455,642

 

 

$

1,617,075

 

 

$

1,471,459