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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenues $ 652,112 $ 422,991 $ 322,176
Operating expenses:      
Direct cost of services 58,824 34,754 40,625
Cost of goods sold 7,575 800 398
Selling, general and administrative expenses 385,219 310,508 227,884
Restructuring charge 1,699 8,506 12,374
Interest expense - Securities lending and loan participations sold 32,144 23,039 12,051
Total operating expenses 485,461 377,607 293,332
Operating income 166,651 45,384 28,844
Other income (expense):      
Interest income 1,577 1,326 420
(Loss) income from equity investments (1,431) 7,986 (437)
Interest expense (50,205) (33,393) (8,382)
Income before income taxes 116,592 21,303 20,445
Provision for income taxes (34,644) (4,903) (8,510)
Net income 81,948 16,400 11,935
Net income attributable to noncontrolling interests 337 891 379
Net income attributable to B. Riley Financial, Inc. 81,611 15,509 11,556
Preferred stock dividends 264
Net income available to common shareholders $ 81,347 $ 15,509 $ 11,556
Basic income per common share $ 3.08 $ 0.60 $ 0.50
Diluted income per common share $ 2.95 $ 0.58 $ 0.48
Weighted average basic common shares outstanding 26,401,036 25,937,305 23,181,388
Weighted average diluted common shares outstanding 27,529,157 26,764,856 24,290,904
Services and fees [Member]      
Revenues:      
Total revenues $ 566,956 $ 384,076 $ 302,113
Interest income - Loans and Securities lending [Member]      
Revenues:      
Total revenues 77,221 38,277 19,756
Sale of goods [Member]      
Revenues:      
Total revenues $ 7,935 $ 638 $ 307