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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings per Share  
Schedule of reconciliation of net income before noncontrolling interest to net income available for common stockholders

 

 

 

 

 

 

 

For the Year ended December 31

 

(in thousands)

 

2015

 

Income before income taxes and noncontrolling interest

 

$

215,929

 

Provision for income taxes

 

 

18,439

 

Net income

 

 

197,490

 

 

 

 

 

 

Net income allocable to members of Virtu Financial (for the period January 1, 2015 through April 15, 2015)

 

 

(83,147)

 

 

 

 

 

 

Noncontrolling interest subsequent to April 15, 2015

 

 

(93,456)

 

 

 

 

 

 

Net income available for common stockholders

 

$

20,887

 

 

Schedule of basic earnings per share

 

 

 

 

 

 

 

For the Year Ended December 31

 

(in thousands, except for share or per share data)

    

2015

 

Basic earnings per share:

 

 

 

 

Net income available for common stockholders

 

$

20,887

 

Weighted average shares of common stock outstanding:

 

 

 

 

Class A

 

 

34,964,312

 

 

 

 

 

 

Basic Earnings per share

 

$

0.60

 

 

Schedule of diluted earnings per share

 

 

 

 

 

 

 

For the Year Ended December 31

 

(in thousands, except for share or per share data)

    

2015

 

Diluted earnings per share:

 

 

 

 

Net income available for common stockholders

 

$

20,887

 

 

 

 

 

 

Weighted average shares of common stock outstanding:

 

 

 

 

Class A

 

 

 

 

Issued and outstanding

 

 

34,964,312

 

Issuable pursuant to 2015 Management Incentive Plan

 

 

375,273

 

 

 

 

35,339,585

 

 

 

 

 

 

Diluted Earnings per share

 

$

0.59