Business Segment and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2019

Business Segment and Geographic Information

Schedule of information regarding revenue by client sector

Information regarding revenue by client sector is as follows (in thousands):

	Successor		Successor		Predecessor		Predecessor
	Three Months		Nine Months		Three Months		Nine Months
	Ended		Ended		Ended		Ended
	September 30,		September 30,		September 30,		September 30,
	2019		2019		2018		2018
Net revenue:
Institutional	$	120,858	$	341,167	$	97,503	$	301,918
Wholesale		43,040		124,416		34,168		99,028
Retail		20,169		61,314		17,812		57,766
Market Data		16,914		51,361		15,770		47,059
Contingent consideration		—		—		2,537		(26,830)
Net revenue		200,981		578,258		167,790		478,941
Operating expenses		142,723		442,768		114,973		338,607
Operating income	$	58,258	$	135,490	$	52,817	$	140,334

Schedule of revenue and long-lived assets by geographic location

The following table provides a breakdown of revenue by geographic area for the three and nine months ended September 30, 2019 and 2018 (in thousands):

	Successor		Successor		Predecessor		Predecessor
	Three Months		Nine Months		Three Months		Nine Months
	Ended		Ended		Ended		Ended
	September 30,		September 30,		September 30,		September 30,
	2019		2019		2018		2018
Net Revenue:
U.S.	$	126,599	$	368,689	$	106,982	$	324,304
International		74,382		209,569		58,271		181,467
Gross revenue		200,981		578,258		165,253		505,771
Contingent consideration		—		—		2,537		(26,830)
Total	$	200,981	$	578,258	$	167,790	$	478,941

The following table provides information on the attribution of long-lived assets by geographic area as of September 30, 2019 and December 31, 2018 (in thousands):

	Successor		Successor
	September 30,		December 31,
	2019		2018
Long-lived assets
U.S.	$	4,227,002	$	4,276,568
International		13,070		7,787
Total	$	4,240,072	$	4,284,355