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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Tradeweb Markets LLC
Equity Incentive Plan
Class A common stock
Refinitiv Transaction
Members' Capital
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Non-Controlling Interests
Class A common stock
Class B common stock
Class C common stock
Class D common stock
Total
Members' capital beginning of period at Dec. 31, 2017       $ 999,735   $ (13,267)             $ 986,468
Comprehensive income:                          
Capital distributions       (25,000)                 (25,000)
Net income       45,308                 45,308
Foreign currency translation adjustments           1,928             1,928
Members' capital end of period at Mar. 31, 2018       1,020,043   (11,339)             1,008,704
Members' capital beginning of period at Dec. 31, 2017       999,735   (13,267)             986,468
Comprehensive income:                          
Net income                         130,160
Total comprehensive income $ 127,096                        
Vesting of contingent consideration     $ 150,495                    
Members' capital end of period at Sep. 30, 2018       1,141,496   (16,331)             $ 1,125,165
Comprehensive income:                          
Financial Designation, Predecessor and Successor [Fixed List]                         Predecessor
Members' capital beginning of period at Mar. 31, 2018       1,020,043   (11,339)             $ 1,008,704
Comprehensive income:                          
Capital distributions       (55,000)                 (55,000)
Net income       38,897                 38,897
Foreign currency translation adjustments           (3,986)             (3,986)
Members' capital end of period at Jun. 30, 2018       1,003,940   (15,325)             988,615
Comprehensive income:                          
Adjustment to Class C Shares and Class P© shares in mezzanine capital       456                 456
Capital distributions       (59,350)                 (59,350)
Net income       45,955                 45,955
Foreign currency translation adjustments           (1,006)             (1,006)
Total comprehensive income 44,949     45,955   (1,006)             44,949
Vesting of contingent consideration       150,495                 150,495
Members' capital end of period at Sep. 30, 2018       1,141,496   (16,331)             $ 1,125,165
Comprehensive income:                          
Financial Designation, Predecessor and Successor [Fixed List]                         Predecessor
Members' capital beginning of period at Dec. 31, 2018       4,573,200                  
Equity at beginning of period at Dec. 31, 2018           (866)             $ 4,572,334
Comprehensive income:                          
Adjustment to Class C Shares and Class P© shares in mezzanine capital       (2,369)                 (2,369)
Capital distributions       (20,000)                 (20,000)
Stock-based compensation       4,674                 4,674
Net income       42,352                 42,352
Foreign currency translation adjustments           988             988
Members' capital end of period at Mar. 31, 2019       4,597,857                  
Equity at end of period at Mar. 31, 2019           122             4,597,979
Members' capital beginning of period at Dec. 31, 2018       4,573,200                  
Equity at beginning of period at Dec. 31, 2018           (866)             4,572,334
Comprehensive income:                          
Net income                         115,746
Total comprehensive income $ 43,340                       40,464
Equity at end of period at Sep. 30, 2019         $ 2,855,885 (1,854) $ 19,570 $ 1,613,633   $ 1   $ 1 4,487,236
Equity at end of period (in shares) at Sep. 30, 2019                 46,009,753 96,933,192 10,006,269 69,282,736  
Members' capital beginning of period at Mar. 31, 2019       4,597,857                  
Equity at beginning of period at Mar. 31, 2019           122             4,597,979
Comprehensive income:                          
Effect of the reorganization transactions       (4,497,857) 4,521,132               23,275
Issuance of common stock         (15,856)         $ 1   $ 1 (15,854)
Issuance of common stock (in shares)                 46,000,000 96,933,192 10,006,269 69,282,736  
Tax receivable agreement liability and deferred taxes arising from the reorganization transactions and IPO         (78,232)               (78,232)
Allocation of equity to non-controlling interests         (1,607,529)     1,607,529          
Distributions to non-controlling interests               (11,909)         (11,909)
Dividends ($0.08 per share)             (11,435)           (11,435)
Capital distributions       $ (100,000)                 (100,000)
Share-based compensation expense under the PRSU Plan         6,763               6,763
Share-based compensation expense under the Option Plan         20,403               20,403
Net income             12,828 11,988         24,816
Foreign currency translation adjustments           (647)   (359)         (1,006)
Equity at end of period at Jun. 30, 2019         2,846,681 (525) 1,393 1,607,249   $ 1   $ 1 4,454,800
Equity at end of period (in shares) at Jun. 30, 2019                 46,000,000 96,933,192 10,006,269 69,282,736  
Comprehensive income:                          
Issuance of common stock (in shares)   9,753                      
Adjustments to non-controlling interest         73     (73)          
Distributions to non-controlling interests               (11,772)         (11,772)
Dividends ($0.08 per share)             (11,435)           (11,435)
Share-based compensation expense under the PRSU Plan         7,136               7,136
Share-based compensation expense under the Option Plan         1,995               1,995
Net income             29,612 18,966         48,578
Foreign currency translation adjustments           (1,329)   (737)         (2,066)
Total comprehensive income                         28,283
Equity at end of period at Sep. 30, 2019         $ 2,855,885 $ (1,854) $ 19,570 $ 1,613,633   $ 1   $ 1 $ 4,487,236
Equity at end of period (in shares) at Sep. 30, 2019                 46,009,753 96,933,192 10,006,269 69,282,736