Segment, Geographic and Product Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment, Geographic and Product Information

Segment, Geographic and Product Information

Segment Information

The Company currently operates in one reportable segment, brokerage services. We provide or have provided brokerage services to the financial markets, integrated Voice, Hybrid and Fully Electronic brokerage in a broad range of products, including fixed income (Rates and Credit), FX, Equity derivatives and cash equities, Insurance, Energy and commodities, and futures. On November 1, 2021, we sold our Insurance brokerage business to The Ardonagh Group (see Note 5— "Divestitures"). It also provides a wide range of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, 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.K., U.S., Asia (including Australia), Other Europe, MEA, France, and Other Americas. Information regarding revenues is as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Revenues:
U.K.	$	835,371	$	867,066	$	864,955
U.S.	517,269		518,811		564,412
Asia	301,489		311,190		331,328
Other Europe/MEA	200,409		192,852		202,144
France	99,933		107,679		83,664
Other Americas	60,893		59,163		58,103
Total revenues	$	2,015,364	$	2,056,761	$	2,104,606

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets; 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):

	Year Ended December 31,
	2021		2020
Long-lived assets:
U.S.	$	771,696	$	768,324
U.K.	412,767		655,906
Asia	73,779		119,619
Other Europe/MEA	47,888		66,487
France	16,996		28,518
Other Americas	16,032		18,236
Total long-lived assets	$	1,339,158	$	1,657,090

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), FX, Equity derivatives and cash equities, Insurance, Energy and commodities, and futures. On November 1, 2021, we sold our Insurance brokerage business to The Ardonagh Group (see Note 5—"Divestitures"). It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

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

	Year Ended December 31,
	2021		2020		2019
Revenues:
Rates	$	558,507	$	544,094	$	594,884
FX	301,328		315,253		370,318
Energy and commodities	296,458		292,641		288,697
Credit	287,608		329,904		306,713
Equity derivatives and cash equities	247,673		254,702		251,339
Insurance	178,087		182,707		155,790
Total brokerage revenues	$	1,869,661	$	1,919,301	$	1,967,741
All other revenues	145,703		137,460		136,865
Total revenues	$	2,015,364	$	2,056,761	$	2,104,606