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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common Stock
Class A
Common Stock
Class C
Common Stock
Class D
Treasury Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Virtu Financial Inc. Stockholders' Equity
Non-Controlling Interest
Balance at beginning period (in shares) at Dec. 31, 2016   40,436,580 19,810,707 79,610,490 453,066          
Balance at beginning of period at Dec. 31, 2016 $ 534,412 $ 0 $ 0 $ 1 $ (8,358) $ 155,536 $ (1,254) $ (252) $ 145,673 $ 388,739
Increase (decrease) in stockholder's/members' equity                    
Share based compensation (in shares)   546,265 (34,019)              
Share based compensation 16,846         16,846     16,846  
Repurchase of Class C common stock (in shares)     (540,686)              
Repurchase of Class C common stock (9,143)         (9,143)     (9,143)  
Treasury stock purchases (in shares)         (163,857)          
Treasury stock purchases (2,683)       $ (2,683)       (2,683)  
Net income 18,898           2,939   2,939 15,959
Foreign exchange translation adjustment 9,117             3,243 3,243 5,874
Distribution from Virtu Financial to non-controlling interest (89,563)                 (89,563)
Dividends (63,814)           (63,814)   (63,814)  
Issuance of Class A common stock (in shares)   48,076,924                
Issuance of Class A common stock 735,974 $ 1       735,973     735,974  
Issuance of common stock in connection with employee exchanges (in shares)   1,355,763                
Repurchase of Virtu Financial Units and corresponding number of Class C common stock in connection with employee exchanges (in shares)     (1,355,763)              
Issuance of tax receivable agreements in connection with employee exchange 1,534         1,534     1,534  
Balance at end of period (in shares) at Dec. 31, 2017   90,415,532 17,880,239 79,610,490 616,923          
Balance at end of period at Dec. 31, 2017 1,151,578 $ 1 $ 0 $ 1 $ (11,041) 900,746 (62,129) 2,991 830,569 321,009
Increase (decrease) in stockholder's/members' equity                    
Share based compensation (in shares)   1,027,861                
Share based compensation 34,909         34,909     34,909  
Repurchase of Class C common stock (in shares)     (210,891)              
Repurchase of Class C common stock (8,216)           (8,216)   (8,216)  
Treasury stock purchases (in shares)   (1,007,230)     (1,561,848)          
Treasury stock purchases (66,218)       $ (43,964)   (22,254)   (66,218)  
Stock option exercised (in shares)   4,080,673                
Stock option exercised 76,754         76,754     76,754  
Net income 620,192           289,441   289,441 330,751
Foreign exchange translation adjustment (5,127)             (3,073) (3,073) (2,054)
Distribution from Virtu Financial to non-controlling interest (206,903)                 (206,903)
Dividends (100,329)           (100,329)   (100,329)  
Issuance of common stock in connection with employee exchanges (in shares)   3,919,462                
Issuance of common stock in connection with secondary offering, net of offering costs (in shares)   10,518,750   10,518,750            
Issuance of common stock in connection with secondary offering, net of offering costs (950)         (950)     (950)  
Repurchase of Virtu Financial Units and corresponding number of Class C common stock in connection with employee exchanges (in shares)     (3,919,462)              
Issuance of tax receivable agreements in connection with employee exchange (991)         (991)     (991)  
Balance at end of period (in shares) at Dec. 31, 2018   108,955,048 13,749,886 69,091,740 2,178,771          
Balance at end of period at Dec. 31, 2018 1,494,699 $ 1 $ 0 $ 1 $ (55,005) 1,010,468 96,513 (82) 1,051,896 442,803
Increase (decrease) in stockholder's/members' equity                    
Share based compensation (in shares)   2,226,676                
Share based compensation 72,381         72,381     72,381  
Repurchase of Class C common stock (in shares)     (9,541)              
Repurchase of Class C common stock (196)         (196)     (196)  
Treasury stock purchases (in shares)   (720,323)                
Treasury stock purchases (15,878)           (15,878)   (15,878)  
Stock option exercised (in shares)   121,344                
Stock option exercised 931         931     931  
Net income (103,705)           (58,595)   (58,595) (45,110)
Foreign exchange translation adjustment (1,475)             (565) (565) (910)
Distribution from Virtu Financial to non-controlling interest (99,221)                 (99,221)
Dividends (112,414)           (112,414)   (112,414)  
Issuance of common stock in connection with employee exchanges (in shares)   853,167                
Issuance of common stock in connection with secondary offering, net of offering costs (in shares)   9,000,000   9,000,000            
Issuance of common stock in connection with secondary offering, net of offering costs (375)         (375)     (375)  
Repurchase of Virtu Financial Units and corresponding number of Class C common stock in connection with employee exchanges (in shares)     (853,167)              
Issuance of tax receivable agreements in connection with employee exchange (5,811)         (5,811)     (5,811)  
Balance at end of period (in shares) at Dec. 31, 2019   120,435,912 12,887,178 60,091,740 2,178,771          
Balance at end of period at Dec. 31, 2019 $ 1,228,936 $ 1 $ 0 $ 1 $ (55,005) $ 1,077,398 $ (90,374) $ (647) $ 931,374 $ 297,562