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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting Information [Line Items]        
Services and fees $ 266,485 $ 301,497 $ 678,065 $ 857,109
Trading income (losses) and fair value adjustments on loans 12,154 18,197 (280,163) 317,818
Interest income - Loans and securities lending 57,594 26,869 182,855 89,280
Sale of goods 4,130 34,959 7,895 54,244
Total revenues 340,363 381,522 588,652 1,318,451
Direct cost of services (44,523) (18,019) (73,959) (41,435)
Cost of goods sold (3,089) (12,442) (7,334) (21,394)
Selling, general and administrative expenses (163,727) (244,218) (506,062) (635,484)
Restructuring charge (8,016) 0 (8,016) 0
Interest expense - Securities lending and loan participations sold (17,447) (10,097) (43,757) (40,269)
Depreciation and amortization     (26,526) (19,066)
Operating income (loss) 103,561 96,746 (50,476) 579,869
Corporate and other expenses (19,832) (17,987) (44,368) (42,007)
Interest income 686 70 1,253 175
Change in fair value of financial instruments and other (574) 1,758 9,728 8,267
(Loss) income from equity investments (91) 1,149 3,285 1,172
Interest expense (34,587) (25,372) (96,787) (66,014)
Income (loss) before income taxes 68,995 74,351 (132,997) 523,469
(Provision for) benefit from income taxes (16,350) (22,693) 39,858 (140,113)
Net income (loss) 52,645 51,658 (93,139) 383,356
Net income attributable to noncontrolling interests and redeemable noncontrolling interests 4,808 1,108 9,245 2,474
Net income (loss) attributable to B. Riley Financial, Inc. 47,837 50,550 (102,384) 380,882
Preferred stock dividends 2,002 1,929 6,006 5,467
Net income (loss) available to common shareholders 45,835 48,621 (108,390) 375,415
Net income (loss) available to common shareholders 45,835 48,621 (108,390) 375,415
Operating Segments        
Segment Reporting Information [Line Items]        
Operating income (loss) 123,393 114,733 (6,108) 621,876
Capital Markets Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 55,054 26,869 178,879 89,280
Total revenues 179,398 178,653 145,366 832,440
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 113,217 134,849 249,727 431,825
Trading income (losses) and fair value adjustments on loans 11,127 16,935 (283,240) 311,335
Interest income - Loans and securities lending 55,054 26,869 178,879 89,280
Total revenues 179,398 178,653 145,366 832,440
Selling, general and administrative expenses (35,673) (80,152) (115,655) (231,765)
Interest expense - Securities lending and loan participations sold (17,447) (10,097) (43,757) (40,269)
Depreciation and amortization (2,174) (514) (6,271) (1,526)
Operating income (loss) 124,104 87,890 (20,317) 558,880
Wealth Management Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Total revenues 48,172 118,834 188,040 277,041
Restructuring charge     (4,107)  
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 47,145 117,572 184,963 270,558
Trading income (losses) and fair value adjustments on loans 1,027 1,262 3,077 6,483
Total revenues 48,172 118,834 188,040 277,041
Selling, general and administrative expenses (52,302) (110,157) (206,438) (260,331)
Restructuring charge (4,106) 0 (4,106) 0
Depreciation and amortization (1,261) (2,093) (4,402) (6,832)
Operating income (loss) (9,497) 6,584 (26,906) 9,878
Auction and Liquidation Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 2,540 0 3,976 0
Sale of goods 2,550 34,327 2,550 52,162
Total revenues 7,039 37,072 14,318 67,799
Auction and Liquidation Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 1,949 2,745 7,792 15,637
Interest income - Loans and securities lending 2,540 0 3,976 0
Sale of goods 2,550 34,327 2,550 52,162
Total revenues 7,039 37,072 14,318 67,799
Direct cost of services (2,999) (13,622) (6,630) (27,742)
Cost of goods sold (1,235) (11,999) (1,235) (19,578)
Selling, general and administrative expenses (2,228) (5,153) (6,225) (9,719)
Operating income (loss) 577 6,298 228 10,760
Financial Consulting Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Total revenues 22,835 21,291 73,081 66,435
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 22,835 21,291 73,081 66,435
Selling, general and administrative expenses (20,056) (18,436) (60,947) (55,896)
Depreciation and amortization (75) (86) (234) (273)
Operating income (loss) 2,704 2,769 11,900 10,266
Principal Investments- Communications and Other Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Sale of goods   631   2,081
Total revenues 77,896 19,300 153,093 59,475
Restructuring charge     (3,909)  
Principal Investments- Communications and Other Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 76,316 18,669 147,748 57,394
Sale of goods 1,580 631 5,345 2,081
Total revenues 77,896 19,300 153,093 59,475
Direct cost of services (41,524) (4,397) (67,329) (13,693)
Cost of goods sold (1,854) (443) (6,099) (1,816)
Selling, general and administrative expenses (22,267) (5,458) (44,103) (15,096)
Restructuring charge (3,910) 0 (3,910) 0
Depreciation and amortization (6,435) (2,496) (13,255) (7,558)
Operating income (loss) 1,906 6,506 18,397 21,312
Brands Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Total revenues 5,023 6,372 14,754 15,261
Brands Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 5,023 6,372 14,754 15,261
Selling, general and administrative expenses (845) (972) (2,419) (2,338)
Depreciation and amortization (579) (714) (1,745) (2,143)
Operating income (loss) $ 3,599 $ 4,686 $ 10,590 $ 10,780