XML 21 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Cantor
Smith Mack
Additional Paid-in Capital
Additional Paid-in Capital
Cantor
Additional Paid-in Capital
Smith Mack
Treasury Stock
Retained Deficit
Retained Deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest in Subsidiaries
Noncontrolling Interest in Subsidiaries
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest in Subsidiaries
Cantor
Noncontrolling Interest in Subsidiaries
Smith Mack
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
Smith Mack
Class B Common Stock
Common Stock
Beginning Balance at Dec. 31, 2019 $ 724,968 $ (1,300)     $ 2,272,103     $ (315,308) $ (1,253,089) $ (883) $ (33,102) $ 50,321 $ (417)     $ 3,584   $ 459
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 59,442               41,593       17,849            
Other comprehensive income (loss), net of tax (14,329)                   (13,468)   (861)            
Equity-based compensation 5,817       3,930               1,879       8    
Dividends to common stockholders (53,210)               (53,210)                    
Earnings distributions to limited partnership interests and other noncontrolling interests (25,143)                       (25,143)            
Grant of exchangeability and redemption of limited partnership interests 38,755       26,125               12,589       41    
Issuance of Class A common stock (net of costs) 4,995     $ 1,399 4,922   $ 1,221           71     $ 175 2 $ 3  
Redemption of FPUs $ (2)                       (2)            
Contributions of capital to and from Cantor for equity-based compensation     $ 1,305     $ 764                 $ 541        
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                                    
Other $ 63       64               (1)            
Ending Balance at Jun. 30, 2020 742,760       2,309,129     (315,308) (1,265,589)   (46,570)   57,001       3,638   459
Beginning Balance at Mar. 31, 2020 696,324       2,293,221     (315,308) (1,289,931)   (44,082)   48,349       3,616   459
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 39,273               27,919       11,354            
Other comprehensive income (loss), net of tax (4,120)                   (2,488)   (1,632)            
Equity-based compensation 3,111       2,097               1,013       1    
Dividends to common stockholders (3,577)               (3,577)                    
Earnings distributions to limited partnership interests and other noncontrolling interests (6,943)                       (6,943)            
Grant of exchangeability and redemption of limited partnership interests 13,957       9,096               4,841       20    
Issuance of Class A common stock (net of costs) 4,702     0 4,690   42           11     (42) 1 0  
Redemption of FPUs (2)                       (2)            
Contributions of capital to and from Cantor for equity-based compensation     87     35                 52        
Other (52)       (52)               0            
Ending Balance at Jun. 30, 2020 742,760       2,309,129     (315,308) (1,265,589)   (46,570)   57,001       3,638   459
Beginning Balance at Dec. 31, 2020 808,229       2,354,492     (315,313) (1,265,504)   (28,930)   59,290       3,735   459
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 81,966               61,260       20,706            
Other comprehensive income (loss), net of tax (2,094)                   (1,675)   (419)            
Equity-based compensation 6,659       4,564               2,078       17    
Dividends to common stockholders (7,626)               (7,626)                    
Earnings distributions to limited partnership interests and other noncontrolling interests (11,405)                       (11,405)            
Grant of exchangeability and redemption of limited partnership interests 42,784     513 17,740   4,037           24,638     (3,532) 406 8  
Issuance of Class A common stock (net of costs) 673       662               8       3    
Redemption of FPUs (127)                       (127)            
Repurchase of Class A common stock (107,783)             (90,972)         (16,811)            
Forfeiture of Class A common stock, 83,765 shares (330)       137     (416)         (51)            
Contributions of capital to and from Cantor for equity-based compensation     (26,290)     (14,143)                 (12,147)        
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs, 2,768,060 units 5,145                       5,145            
Other (969)       (31)               (938)            
Ending Balance at Jun. 30, 2021 789,345       2,367,458     (406,701) (1,211,870)   (30,605)   66,435       4,169   459
Beginning Balance at Mar. 31, 2021 870,422       2,365,750     (318,864) (1,226,187)   (32,284)   77,690       3,858   459
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 22,841               18,169       4,672            
Other comprehensive income (loss), net of tax 1,860                   1,679   181            
Equity-based compensation 2,487       1,722               762       3    
Dividends to common stockholders (3,852)               (3,852)                    
Earnings distributions to limited partnership interests and other noncontrolling interests (4,958)                       (4,958)            
Grant of exchangeability and redemption of limited partnership interests 31,948     $ 488 11,736   $ 2,820           19,910     $ (2,338) 302 $ 6  
Issuance of Class A common stock (net of costs) 130       126               4       0    
Redemption of FPUs (108)                       (108)            
Repurchase of Class A common stock (103,386)             (87,421)         (15,965)            
Forfeiture of Class A common stock, 83,765 shares (330)       137     (416)         (51)            
Contributions of capital to and from Cantor for equity-based compensation     $ (27,171)     $ (14,746)                 $ (12,425)        
Other (1,026)       (87)               (939)            
Ending Balance at Jun. 30, 2021 $ 789,345       $ 2,367,458     $ (406,701) $ (1,211,870)   $ (30,605)   $ 66,435       $ 4,169   $ 459