2013 Q4 Form 10-K Financial Statement

#000119312514077345 Filed on February 28, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 2012 Q4
Revenue $426.6M $1.745B $485.8M
YoY Change -12.19% 1.08% 36.08%
Cost Of Revenue $2.300M $9.400M $2.300M
YoY Change 0.0% -20.34% -14.81%
Gross Profit $426.6M $1.775B $483.6M
YoY Change -11.79% 0.45% 36.49%
Gross Profit Margin 100.0% 101.72% 99.55%
Selling, General & Admin $399.9M $2.080B $428.1M
YoY Change -6.59% 29.99% 34.62%
% of Gross Profit 93.74% 117.19% 88.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.70M $47.15M $12.70M
YoY Change -7.87% -7.52% -3.05%
% of Gross Profit 2.74% 2.66% 2.63%
Operating Expenses $413.5M $2.232B $441.1M
YoY Change -6.26% 30.44% 32.46%
Operating Profit $13.10M -$457.2M $42.50M
YoY Change -69.18% -920.12% 99.53%
Interest Expense -$11.80M $38.33M -$13.70M
YoY Change -13.87% 9.88% 29.25%
% of Operating Profit -90.08% -32.24%
Other Income/Expense, Net $753.1M
YoY Change 1750.56%
Pretax Income $1.300M $265.9M $28.80M
YoY Change -95.49% 377.1% 166.67%
Income Tax -$300.0K $92.17M $10.30M
% Of Pretax Income -23.08% 34.66% 35.76%
Net Earnings $4.100M $70.92M $14.20M
YoY Change -71.13% 197.2% 273.68%
Net Earnings / Revenue 0.96% 4.06% 2.92%
Basic Earnings Per Share $0.37
Diluted Earnings Per Share $18.64K $0.36 $47.72K
COMMON SHARES
Basic Shares Outstanding 193.7M shares
Diluted Shares Outstanding 265.3M shares

Balance Sheet

Concept 2013 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $762.0M $716.9M $388.4M
YoY Change 96.18% 84.58% 5.06%
Cash & Equivalents $717.0M $716.9M $388.4M
Short-Term Investments $45.00M $0.00
Other Short-Term Assets $21.70M $21.70M
YoY Change -17.49%
Inventory
Prepaid Expenses
Receivables $631.0M $631.0M $541.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.370B $1.370B $930.0M
YoY Change 47.27% 43.22% 17.75%
LONG-TERM ASSETS
Property, Plant & Equipment $127.6M $127.6M $141.1M
YoY Change -9.56% -9.57% 3.68%
Goodwill $163.3M $164.9M
YoY Change -0.93% 16.81%
Intangibles $18.18M $20.32M
YoY Change -10.53%
Long-Term Investments $17.70M $62.70M $25.56M
YoY Change -30.73% 144.92% 25.27%
Other Assets $106.0M $106.0M
YoY Change 250.99%
Total Long-Term Assets $709.8M $709.8M $708.9M
YoY Change 0.12% 3.98% 15.2%
TOTAL ASSETS
Total Short-Term Assets $1.370B $1.370B $930.0M
Total Long-Term Assets $709.8M $709.8M $708.9M
Total Assets $2.079B $2.079B $1.639B
YoY Change 26.87% 26.88% 16.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $318.9M $318.9M $295.0M
YoY Change 8.1% 8.1% 79.44%
Accrued Expenses $187.9M $187.9M $125.8M
YoY Change 49.36% -38.15% -12.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $506.8M $506.8M $420.8M
YoY Change 20.44% -25.61% 3.14%
LONG-TERM LIABILITIES
Long-Term Debt $408.4M $408.4M $451.4M
YoY Change -9.53% -9.53% 36.0%
Other Long-Term Liabilities $2.000M $2.000M
YoY Change
Total Long-Term Liabilities $410.4M $410.4M $451.4M
YoY Change -9.08% -9.08% 36.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $506.8M $506.8M $420.8M
Total Long-Term Liabilities $410.4M $410.4M $451.4M
Total Liabilities $1.310B $1.615B $1.133B
YoY Change 15.63% 31.75% 13.01%
SHAREHOLDERS EQUITY
Retained Earnings -$167.9M -$147.5M
YoY Change 13.88%
Common Stock $745.7M $575.4M
YoY Change 29.6%
Preferred Stock
YoY Change
Treasury Stock (at cost) $121.8M $110.1M
YoY Change 10.59%
Treasury Stock Shares 21.09M shares 18.04M shares
Shareholders Equity $464.4M $464.4M $334.3M
YoY Change
Total Liabilities & Shareholders Equity $2.079B $2.079B $1.639B
YoY Change 26.87% 26.88% 16.63%

Cashflow Statement

Concept 2013 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $4.100M $70.92M $14.20M
YoY Change -71.13% 197.2% 273.68%
Depreciation, Depletion And Amortization $11.70M $47.15M $12.70M
YoY Change -7.87% -7.52% -3.05%
Cash From Operating Activities $63.80M $166.4M $75.50M
YoY Change -15.5% -2.82% 57.29%
INVESTING ACTIVITIES
Capital Expenditures -$13.20M $22.99M -$11.90M
YoY Change 10.92% -37.46% -12.5%
Acquisitions $746.0K
YoY Change -97.63%
Other Investing Activities -$3.200M $565.7M $47.40M
YoY Change -106.75% -3507.83% -199.79%
Cash From Investing Activities -$16.30M $526.8M $35.50M
YoY Change -145.92% -874.83% -158.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $15.53M
YoY Change -225.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -88.40M -363.3M -36.70M
YoY Change 140.87% 327.42% -24.17%
NET CHANGE
Cash From Operating Activities 63.80M 166.4M 75.50M
Cash From Investing Activities -16.30M 526.8M 35.50M
Cash From Financing Activities -88.40M -363.3M -36.70M
Net Change In Cash -40.90M 329.8M 74.30M
YoY Change -155.05% 1711.06% -221.01%
FREE CASH FLOW
Cash From Operating Activities $63.80M $166.4M $75.50M
Capital Expenditures -$13.20M $22.99M -$11.90M
Free Cash Flow $77.00M $143.4M $87.40M
YoY Change -11.9% 6.65% 41.88%

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408356000
CY2013Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
218154000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
237569000
CY2013Q4 us-gaap Securities Failed To Receive
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203206000
CY2013Q4 us-gaap Contractual Obligation Due In Fourth And Fifth Year
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66518000
CY2013Q4 us-gaap Other Additional Capital
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12051000
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20403000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-6060000
CY2013Q4 us-gaap Employee Related Liabilities Current And Noncurrent
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187855000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Three
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35473000
CY2013Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
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1733000
CY2013Q4 us-gaap Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
303549000
CY2013Q4 us-gaap Long Term Debt Fair Value
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461161000
CY2013Q4 us-gaap Unrecognized Tax Benefits
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3250000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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702747000
CY2013Q4 us-gaap Excess Capital
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155600000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
464368000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
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745678000
CY2013Q4 us-gaap Other Payables To Broker Dealers And Clearing Organizations
OtherPayablesToBrokerDealersAndClearingOrganizations
12627000
CY2013Q4 us-gaap Contractual Obligation Due In Second And Third Year
ContractualObligationDueInSecondAndThirdYear
422447000
CY2013Q4 us-gaap Contractual Obligation Due After Fifth Year
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390286000
CY2013Q4 us-gaap Minority Interest
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238379000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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15400000
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
392525000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
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CY2013Q4 us-gaap Due To Related Parties Current And Noncurrent
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15382000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Rolling After Year Five
OperatingLeasesFutureMinimumPaymentsDueInRollingAfterYearFive
63388000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Five
OperatingLeasesFutureMinimumPaymentsDueInRollingYearFive
22161000
CY2013Q4 us-gaap Contractual Obligation
ContractualObligation
974674000
CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
732000
CY2013Q4 us-gaap Derivative Liabilities
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1851000
CY2013Q4 us-gaap Disposal Group Including Discontinued Operation Deferred Revenue
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2943000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Four
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26076000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Two
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42903000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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-167923000
CY2013Q4 us-gaap Foreign Currency Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
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926000
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
9500000
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19718000
CY2013Q4 us-gaap Taxes Payable Current
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174371000
CY2013Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
95423000
CY2013Q4 us-gaap Other Derivatives Not Designated As Hedging Instruments Liabilities At Fair Value
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925000
CY2013Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
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8374000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
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2079363000
CY2013Q4 us-gaap Long Term Debt
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406774000
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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600000
CY2013Q4 us-gaap Liabilities
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1309698000
CY2013Q4 us-gaap Payables To Customers
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22889000
CY2013Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
1851000
CY2013Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
2031000
CY2013Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
2031000
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
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3882000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2112000
CY2013Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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501000
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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37898000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1895000
CY2013Q4 us-gaap Goodwill
Goodwill
163339000
CY2013Q4 us-gaap Other Receivables From Broker Dealers And Clearing Organizations
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12204000
CY2013Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
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6844000
CY2013Q4 us-gaap Derivative Assets
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1634000
CY2013Q4 us-gaap Accrued Fees And Other Revenue Receivable
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265920000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
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18180000
CY2013Q4 us-gaap Prepaid Expense Current And Noncurrent
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21672000
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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47210000
CY2013Q4 us-gaap Investment Owned At Fair Value
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45000000
CY2013Q4 us-gaap Assets
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2079363000
CY2013Q4 us-gaap Assets Fair Value Disclosure
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79755000
CY2013Q4 us-gaap Securities Failed To Deliver
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258569000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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2500000
CY2013Q4 us-gaap Deferred Tax Assets Gross
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142092000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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400000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
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2900000
CY2013Q4 us-gaap Noncurrent Assets
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468711000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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716919000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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53987000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
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112189000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
21393000
CY2013Q4 us-gaap Cash And Securities Segregated Under Federal And Other Regulations
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8687000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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1600000
CY2013Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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12185000
CY2013Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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7236000
CY2013Q4 us-gaap Deferred Tax Assets Net
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106006000
CY2013Q4 us-gaap Equity Method Investments
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17703000
CY2013Q4 us-gaap Property Plant And Equipment Gross
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379300000
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
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5995000
CY2013Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
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445000
CY2013Q4 us-gaap Security Deposit
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17461000
CY2013Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
1634000
CY2013Q4 us-gaap Available For Sale Securities
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5500000
CY2013Q4 us-gaap Receivables From Customers
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28860000
CY2013Q4 us-gaap Deferred Tax Assets Investments
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12266000
CY2013Q4 us-gaap Financial Instruments Owned Corporate Equities At Fair Value
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1092000
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
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25713000
CY2013Q4 us-gaap Marketable Securities
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45002000
CY2013Q4 us-gaap Receivables From Clearing Organizations
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46684000
CY2013Q4 us-gaap Other Derivatives Not Designated As Hedging Instruments At Fair Value Net
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688000
CY2013Q4 us-gaap Due From Employees
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142769000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
CY2013Q4 us-gaap Other Assets
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174984000
CY2013Q4 us-gaap Due From Affiliates
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15211000
CY2013Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
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349915000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
800000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
CY2013Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
33119000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
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CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
700000
CY2013Q4 us-gaap Other Assets Miscellaneous
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24018000
CY2013Q4 us-gaap Net Regulatory Assets
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330500000
CY2013Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Net
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13474000
CY2013Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
32027000
CY2013Q4 us-gaap Treasury Stock Value
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121753000
CY2013Q4 us-gaap Property Plant And Equipment Net
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127615000
CY2013Q4 bgcp Amount Of Asset Backed Commercial Paper Facility
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250000000
CY2013Q4 bgcp Receivable From Open Derivative Contracts
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1634000
CY2013Q4 bgcp Other Taxes
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5827000
CY2013Q4 bgcp Derivative Contract In Gain Position Replacement Cost
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1600000
CY2013Q4 bgcp Fixed Assets Pledged For Secured Loan Value
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1500000
CY2013Q4 bgcp Derivative Liabilities Gross Amount Offset In Balance Sheet
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261000
CY2013Q4 bgcp Disposal Group Including Discontinued Operation Transaction And Other Costs
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10436000
CY2013Q4 bgcp Derivative Fair Value Of Derivative Asset Amount Not Offset Against Financial Instruments
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstFinancialInstruments
CY2013Q4 bgcp Payable For Open Derivative Contracts
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1851000
CY2013Q4 bgcp Deferred Tax Assets Before Netting
DeferredTaxAssetsBeforeNetting
121689000
CY2013Q4 bgcp Fixed Assets Pledged For Sale Lease Back Transactions Value
FixedAssetsPledgedForSaleLeaseBackTransactionsValue
0
CY2013Q4 bgcp Derivative Fair Value Of Derivative Liability Amount Not Offset Against Financial Instruments
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstFinancialInstruments
CY2013Q4 bgcp Non Exchangeable Founding Partner Unit Outstanding
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2669952 shares
CY2013Q4 bgcp Receivable From Net Pending Trades
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1964000
CY2013Q4 bgcp Notes Payable And Collateralized Borrowings
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258356000
CY2013Q4 bgcp Notional Value Of Limited Partnership Units With Post Termination Pay Out Amount
NotionalValueOfLimitedPartnershipUnitsWithPostTerminationPayOutAmount
35100000
CY2013Q4 bgcp Amount Of Fees Paid Related To Divestiture
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7400000
CY2013Q4 bgcp Business Acquisition Contingent Consideration At Fair Value1
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3100000
CY2013Q4 bgcp Derivative Asset After Master Netting Arrangement Or Similar Agreement
DerivativeAssetAfterMasterNettingArrangementOrSimilarAgreement
1634000
CY2013Q4 bgcp Derivative Liability After Master Netting Arrangement Or Similar Agreement
DerivativeLiabilityAfterMasterNettingArrangementOrSimilarAgreement
1851000
CY2013Q4 bgcp Derivative Assets Gross Amounts Offset In Balance Sheet
DerivativeAssetsGrossAmountsOffsetInBalanceSheet
-261000
us-gaap Number Of Reportable Segments
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2 Segment
bgcp Number Of Reportable Segments Before Acquisition
NumberOfReportableSegmentsBeforeAcquisition
1 Segment
CY2009Q4 bgcp Number Of Brokers Terminated
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81 Broker
CY2013Q4 us-gaap Related Party Transaction Rate
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0.10 pure
CY2013Q4 us-gaap Professional Fees
ProfessionalFees
300000
CY2011Q2 bgcp Number Of Patents Alleged Infringed
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6 Patents
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2010 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y3M18D
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
19.50
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2011 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.65
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
116514000 shares
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
85344000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.10
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116132000 shares
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y10M24D
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2047249 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
76225 shares
CY2011 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.65
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
165300000 shares
CY2011 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
14384000
CY2011 us-gaap Revenues
Revenues
1464685000
CY2011 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
-282941000
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17362000
CY2011 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1749000
CY2011 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
3488000
CY2011 us-gaap Interest Income Operating
InterestIncomeOperating
5441000
CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
35052000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
54359000
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
77244000
CY2011 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
62227000
CY2011 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
16400000
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20137000
CY2011 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
375001000
CY2011 us-gaap Management Fees Revenue
ManagementFeesRevenue
1222000
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
46703000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
41100000
CY2011 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-472000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
13300000
CY2011 us-gaap Technology Services Revenue
TechnologyServicesRevenue
9190000
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
16682000
CY2011 us-gaap Profit Loss
ProfitLoss
38360000
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10413000
CY2011 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
20137000
CY2011 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
17272000
CY2011 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
4928000
CY2011 us-gaap Payments For Software
PaymentsForSoftware
15940000
CY2011 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
16053000
CY2011 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
11392000
CY2011 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
4583000
CY2011 us-gaap Market Data Revenue
MarketDataRevenue
17772000
CY2011 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
2447000
CY2011 us-gaap Interest Paid
InterestPaid
20520000
CY2011 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3580000
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3979000
CY2011 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1800000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
20137000
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3308000
CY2011 us-gaap Revenues Excluding Interest And Dividends
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1459244000
CY2011 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8721000
CY2011 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
996263000
CY2011 us-gaap Increase Decrease In Due From Employee Current
IncreaseDecreaseInDueFromEmployeeCurrent
70038000
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
392000
CY2011 us-gaap Other Income
OtherIncome
4174000
CY2011 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
423000
CY2011 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
570000
CY2011 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
13835000
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-6605000
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26765000
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27190000
CY2011 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
5695000
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
671000
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
18223000
CY2011 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
9405000
CY2011 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
11635000
CY2011 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0
CY2011 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
30000000
CY2011 us-gaap Noninterest Expense
NoninterestExpense
1385720000
CY2011 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-293000
CY2011 us-gaap Other Expenses
OtherExpenses
69584000
CY2011 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
63000
CY2011 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1808000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8621000
CY2011 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
25877000
CY2011 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
21425000
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
77244000
CY2011 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
96000
CY2011 us-gaap Communication
Communication
86392000
CY2011 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
-293140000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1963000
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
392000
CY2011 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1436000
CY2011 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-15438000
CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
69816000
CY2011 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
789534000
CY2011 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
278639000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5609000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1319000
CY2011 us-gaap Interest Expense
InterestExpense
24606000
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
438000
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15632000
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
19025000
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2766000
CY2011 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-92646000
CY2011 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
18400000
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8812000
CY2011 us-gaap Asset Impairment Charges
AssetImpairmentCharges
785000
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-645000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
49281000
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
17690000
CY2011 us-gaap Impairment Of Investments
ImpairmentOfInvestments
4047000
CY2011 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
79087000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3357000
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14036000
CY2011 us-gaap Occupancy Net
OccupancyNet
129087000
CY2011 us-gaap Professional Fees
ProfessionalFees
67746000
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9853000
CY2011 us-gaap Depreciation
Depreciation
34300000
CY2011 bgcp Foreign Exchange Brokerage Revenue
ForeignExchangeBrokerageRevenue
218352000
CY2011 bgcp Earnings Distributions To Noncontrolling Interests
EarningsDistributionsToNoncontrollingInterests
84332000
CY2011 bgcp Donations Of Common Stock
DonationsOfCommonStock
12076000
CY2011 bgcp Employee Loan Amortization And Reserve On Employee Loans
EmployeeLoanAmortizationAndReserveOnEmployeeLoans
31785000
CY2011 bgcp Allocation Of Net Income And Grant Of Exchangeability To Limited Partnership Units And Founding Working Partner Units
AllocationOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFoundingWorkingPartnerUnits
126778000
CY2011 bgcp Equity Based Compensation And Allocations Of Net Income To Limited Partnership Units And Founding Or Working Partner Units
EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFoundingOrWorkingPartnerUnits
143536000
CY2011 bgcp United Kingdom Enacted Rate Change
UnitedKingdomEnactedRateChange
CY2011 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-82972000
CY2011 us-gaap Operating Expenses
OperatingExpenses
1410326000
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-294000
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2446000
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
31800000
CY2011 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
1841000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1292000
CY2011 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
155620000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15999000
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
4290000
CY2011 bgcp Issuance Of Common Stock Upon Exchange Of Limited Partnership Interests
IssuanceOfCommonStockUponExchangeOfLimitedPartnershipInterests
79115000
CY2011 bgcp Capitalization Of Patent Defense And Registration Costs
CapitalizationOfPatentDefenseAndRegistrationCosts
-1064000
CY2011 bgcp Incremental Common Shares Attributable To Other Instruments
IncrementalCommonSharesAttributableToOtherInstruments
382000 shares
CY2011 bgcp Capital Contribution By Founding Working Partners With Respect To Charity Day
CapitalContributionByFoundingWorkingPartnersWithRespectToCharityDay
8176000
CY2011 bgcp Issuance Of Contingent Common Stock For Acquisitions
IssuanceOfContingentCommonStockForAcquisitions
26778000
CY2011 bgcp Grant Of Exchangeability And Redemption Of Limited Partnership Interests
GrantOfExchangeabilityAndRedemptionOfLimitedPartnershipInterests
111887000
CY2011 bgcp Purchase Of Capped Call Net Of Tax
PurchaseOfCappedCallNetOfTax
9911000
CY2011 bgcp Sublease Provision Adjustment
SubleaseProvisionAdjustment
-4956000
CY2011 bgcp Compensation And Employee Benefit Net
CompensationAndEmployeeBenefitNet
916312000
CY2011 bgcp Allocation Of Income To Limited Partnership Interest
AllocationOfIncomeToLimitedPartnershipInterest
33067000
CY2011 bgcp Issuance Of Class Common Stock For Acquisitions
IssuanceOfClassCommonStockForAcquisitions
26778000
CY2011 bgcp Real Estate Brokerage Revenue
RealEstateBrokerageRevenue
44980000
CY2011 bgcp Collection Of Receivables And Associated Expenses
CollectionOfReceivablesAndAssociatedExpenses
3800000
CY2011 bgcp Equities And Other Brokerage Revenue
EquitiesAndOtherBrokerageRevenue
214497000
CY2011 bgcp Current Unincorporated Business Tax
CurrentUnincorporatedBusinessTax
1572000
CY2011 bgcp Credit Revenue
CreditRevenue
314982000
CY2011 bgcp Redemption Of Limited Partnership Units
RedemptionOfLimitedPartnershipUnits
926000
CY2011 bgcp Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
-1801000
CY2011 bgcp Income Tax Reconciliation Unincorporated Business Taxes
IncomeTaxReconciliationUnincorporatedBusinessTaxes
-1385000
CY2011 bgcp Issuance Of Classa Common Stock Upon Exchange Of Cantor Units Value
IssuanceOfClassaCommonStockUponExchangeOfCantorUnitsValue
8407000
CY2011 bgcp Issuance Of Class B Common Stock Upon Exchange Of Cantor Units Value
IssuanceOfClassBCommonStockUponExchangeOfCantorUnitsValue
8407000
CY2011 bgcp Rates Revenue
RatesRevenue
578453000
CY2011 bgcp Re Allocation Of Equity Due To Additional Investment By Founding Working Partners
ReAllocationOfEquityDueToAdditionalInvestmentByFoundingWorkingPartners
-6121000
CY2011 bgcp Deferred Unincorporated Business Tax
DeferredUnincorporatedBusinessTax
136000
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Trading Symbol
TradingSymbol
bgcp
CY2013 dei Entity Registrant Name
EntityRegistrantName
BGC Partners, Inc.
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001094831
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
20.23
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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265348000 shares
CY2013 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
5361000
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
91395000
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2013 us-gaap Partners Capital Account Units Acquisitions
PartnersCapitalAccountUnitsAcquisitions
300000 shares
CY2013 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
shares
CY2013 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
5900000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2013 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
5.09
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
413000 shares
CY2013 us-gaap Revenue Recognition Software
RevenueRecognitionSoftware
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> <b><i>Software Solutions and Licensing Fees</i></b><b>:</b>&#xA0;Pursuant to various services agreements, the Company receives periodic fees for the use of the eSpeed technology platform. Such fees are recognized as revenue ratably over the period in which such fees are earned. The Company also receives fees for its front-end trading software and patent licenses. Such fees are recognized as income ratably over the license period.</p> </div>
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3046857 shares
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
166366000
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
265921000
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193694000 shares
CY2013 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2013 us-gaap Due To And From Broker Dealers And Clearing Organizations Disclosure
DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure
<div> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>10.</b></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers</b></font></td> </tr> </table> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Receivables from and payables to broker-dealers, clearing organizations, customers and related broker-dealers primarily represent amounts due for undelivered securities, cash held at clearing organizations and exchanges to facilitate settlement and clearance of matched principal transactions, spreads on matched principal transactions that have not yet been remitted from/to clearing organizations and exchanges and amounts related to open derivative contracts, including derivative contracts into which the Company has entered to minimize the effect of price changes of the Company&#x2019;s NASDAQ OMX shares (see Note 11&#x2014;&#x201C;Derivatives&#x201D;). The receivables from and payables to broker-dealers, clearing organizations, customers and related broker-dealers consisted of the following (in thousands):</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 12px; MARGIN-TOP: 0px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <!-- Begin Table Head --> <tr> <td width="78%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>December&#xA0;31,<br /> 2013</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: rgb(0,0,0) 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>December&#xA0;31,<br /> 2012</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Receivables from broker-dealers, clearing organizations, customers and related broker-dealers:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Contract values of fails to deliver</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">258,569</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">186,799</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Customer receivables</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">28,860</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">51,991</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Cash and cash equivalents held at clearing organizations</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">46,684</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">45,563</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Other receivables from broker-dealers and customers</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">12,204</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">11,587</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Net pending trades</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,964</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">966</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Open derivative contracts</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,634</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">782</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; 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TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Payables to broker-dealers, clearing organizations, customers and related broker-dealers:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Contract values of fails to receive</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">203,206</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">209,321</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; 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TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Total</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">303,549</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">254,289</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <!-- End Table Body --></table> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">A portion of these receivables and payables are with Cantor. See Note 13&#x2014;&#x201C;Related Party Transactions,&#x201D; for additional information related to these receivables and payables.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Substantially all open fails to deliver, open fails to receive and pending trade transactions as of December&#xA0;31, 2013 have subsequently settled at the contracted amounts.</font></p> </div>
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1.00 pure
CY2013 bgcp Allocation Of Income To Limited Partnership Interest Diluted
AllocationOfIncomeToLimitedPartnershipInterestDiluted
25912000
CY2013 bgcp Charitable Contributions
CharitableContributions
25000000
CY2013 bgcp Number Of Units Redeemed
NumberOfUnitsRedeemed
11838040 shares
CY2013 bgcp Capitalization Of Patent Defense And Registration Costs
CapitalizationOfPatentDefenseAndRegistrationCosts
-995000
CY2013 bgcp Dividend Equivalent Expense On Rsus
DividendEquivalentExpenseOnRsus
15000
CY2013 bgcp Redemptions And Repurchases
RedemptionsAndRepurchases
14884897 shares
CY2013 bgcp Incremental Common Shares Attributable To Other Instruments
IncrementalCommonSharesAttributableToOtherInstruments
809000 shares
CY2013 bgcp Redemption Of Founding Working Partner Interests
RedemptionOfFoundingWorkingPartnerInterests
4104000
CY2012 us-gaap Interest Paid
InterestPaid
27187000
CY2012 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-901000
CY2013 bgcp Incremental Common Shares Attributable To Limited Partnership Interests
IncrementalCommonSharesAttributableToLimitedPartnershipInterests
70432000 shares
CY2013 bgcp Issuance Of Contingent Common Stock For Acquisitions
IssuanceOfContingentCommonStockForAcquisitions
1776000
CY2013 bgcp Number Of Subsidiaries
NumberOfSubsidiaries
2 Subsidiaries
CY2013 bgcp Restricted Stock Units Vesting Description
RestrictedStockUnitsVestingDescription
Each RSU is settled in one share of Class A common stock upon completion of the vesting period.
CY2013 bgcp Temporary Equity Earnings Distributions
TemporaryEquityEarningsDistributions
8863000
CY2013 bgcp Grant Of Exchangeability And Redemption Of Limited Partnership Interests
GrantOfExchangeabilityAndRedemptionOfLimitedPartnershipInterests
293932000
CY2013 bgcp Sublease Provision Adjustment
SubleaseProvisionAdjustment
-318000
CY2013 bgcp Compensation And Employee Benefit Net
CompensationAndEmployeeBenefitNet
1679169000
CY2013 bgcp Limited Partnership Units Average Redemption Price Per Unit
LimitedPartnershipUnitsAverageRedemptionPricePerUnit
5.03
CY2013 bgcp Allocation Of Income To Limited Partnership Interest
AllocationOfIncomeToLimitedPartnershipInterest
164221000
CY2013 bgcp Issuance Of Class Common Stock For Acquisitions
IssuanceOfClassCommonStockForAcquisitions
1776000
CY2013 bgcp Real Estate Brokerage Revenue
RealEstateBrokerageRevenue
413018000
CY2013 bgcp Reallocation Of Equity Due To Additional Investments By Founding And Working Partners
ReallocationOfEquityDueToAdditionalInvestmentsByFoundingAndWorkingPartners
938000
CY2013 bgcp Collection Of Receivables And Associated Expenses
CollectionOfReceivablesAndAssociatedExpenses
10600000
CY2013 bgcp Equities And Other Brokerage Revenue
EquitiesAndOtherBrokerageRevenue
150728000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2013 bgcp Grant Of Exchangeability And Redemption Limited Partnership Interest
GrantOfExchangeabilityAndRedemptionLimitedPartnershipInterest
6496000
CY2013 bgcp Payment Specified Percentage Of Gross Proceeds From Sale Of Shares
PaymentSpecifiedPercentageOfGrossProceedsFromSaleOfShares
0.02 pure
CY2013 bgcp Gain Loss On Divestiture Net
GainLossOnDivestitureNet
550759000
CY2013 bgcp Post Termination Award Payout Period
PostTerminationAwardPayoutPeriod
4 equal yearly installment
CY2013 bgcp Current Unincorporated Business Tax
CurrentUnincorporatedBusinessTax
10625000
CY2013 bgcp Operating Loss Carryforwards Expiration Year Description
OperatingLossCarryforwardsExpirationYearDescription
The Company has net operating losses in various jurisdictions that will begin to expire in 2014. The Company's U.S. federal research and development credit carryforward will begin to expire in 2023.
CY2013 bgcp Shares Issued In Pursuant To Exemption Under Law
SharesIssuedInPursuantToExemptionUnderLaw
123374 shares
CY2013 bgcp Credit Revenue
CreditRevenue
244546000
CY2013 bgcp Average Redemption Price Per Unit
AverageRedemptionPricePerUnit
4.97
CY2013 bgcp Lease Expiration Year
LeaseExpirationYear
2027
CY2013 bgcp Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
-34802000
CY2013 bgcp Income Tax Reconciliation Unincorporated Business Taxes
IncomeTaxReconciliationUnincorporatedBusinessTaxes
-10386000
CY2013 bgcp Redemptions And Repurchases Average Price
RedemptionsAndRepurchasesAveragePrice
4.99
CY2013 bgcp Rates Revenue
RatesRevenue
491740000
CY2013 bgcp Re Allocation Of Equity Due To Additional Investment By Founding Working Partners
ReAllocationOfEquityDueToAdditionalInvestmentByFoundingWorkingPartners
-938000
CY2013 bgcp Deferred Unincorporated Business Tax
DeferredUnincorporatedBusinessTax
135000
CY2013 bgcp Number Of Operating Partnerships
NumberOfOperatingPartnerships
2 PartnershipUnit
CY2013 bgcp Non Exchangeable Founding Or Working Partner Units Redeemed
NonExchangeableFoundingOrWorkingPartnerUnitsRedeemed
1802608 shares
CY2013 bgcp Foreign Exchange Brokerage Revenue
ForeignExchangeBrokerageRevenue
212120000
CY2013 bgcp Operating Loss Carryforwards Expiration Period Start
OperatingLossCarryforwardsExpirationPeriodStart
2014
CY2013 bgcp Cash And Cash Equivalents Maturity Date Description
CashAndCashEquivalentsMaturityDateDescription
The Company considers all highly liquid investments with original maturities of 90 days or less at the date of acquisition that are not segregated under regulatory requirements, other than those used for trading purposes, to be cash equivalents.
CY2013 bgcp Earnings Distributions To Noncontrolling Interests
EarningsDistributionsToNoncontrollingInterests
98345000
CY2013 bgcp Donations Of Common Stock
DonationsOfCommonStock
5720000
CY2013 bgcp Ownership Interest Description
OwnershipInterestDescription
The Company's policy is to consolidate all entities of which it owns more than 50% unless it does not have control over the entity.
CY2013 bgcp Percentage Of Non Exchangeable Units Redeemed
PercentageOfNonExchangeableUnitsRedeemed
0.0975 pure
CY2013 bgcp Redemption Of Founding Working Partner Units
RedemptionOfFoundingWorkingPartnerUnits
2050000
CY2013 bgcp Partners Capital Account Units Converted Description
PartnersCapitalAccountUnitsConvertedDescription
Certain limited partnership units are granted exchangeability into Class A common stock on a one-for-one basis (subject to adjustment).
CY2013 bgcp Research And Development Federal Tax Credit Carryforwards Expiration Date Year
ResearchAndDevelopmentFederalTaxCreditCarryforwardsExpirationDateYear
2023
CY2013 bgcp Employee Loan Amortization And Reserve On Employee Loans
EmployeeLoanAmortizationAndReserveOnEmployeeLoans
194996000
CY2013 bgcp Related Party Revenue
RelatedPartyRevenue
1500000
CY2013 bgcp Business Acquisition Contingent Considerations Shares Issuable
BusinessAcquisitionContingentConsiderationsSharesIssuable
700000 shares
CY2013 bgcp Payments To Purchase Of Exchange Membership
PaymentsToPurchaseOfExchangeMembership
1696000
CY2013 bgcp Payments To Repurchase Of Limited Partnership Units
PaymentsToRepurchaseOfLimitedPartnershipUnits
6154000
CY2013 bgcp Limited Partnership Units Received By Related Parties Shares
LimitedPartnershipUnitsReceivedByRelatedPartiesShares
283206 shares
CY2013 bgcp Restricted Stock Saleable Period Description To Partners
RestrictedStockSaleablePeriodDescriptionToPartners
Shares of restricted stock are generally saleable by partners in good standing after five to ten years
CY2013 bgcp Gain On Divestiture And Sale Of Investment
GainOnDivestitureAndSaleOfInvestment
723147000
CY2013 bgcp Allocation Of Net Income And Grant Of Exchangeability To Limited Partnership Units And Founding Working Partner Units
AllocationOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFoundingWorkingPartnerUnits
423589000
CY2013 bgcp Percentage Of Preferred Partnership Units Awarded
PercentageOfPreferredPartnershipUnitsAwarded
0.027500 pure
CY2013 bgcp Gain Loss On Divestiture And Or Sale Of Investment
GainLossOnDivestitureAndOrSaleOfInvestment
723147000
CY2013 bgcp Equity Based Compensation And Allocations Of Net Income To Limited Partnership Units And Founding Or Working Partner Units
EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFoundingOrWorkingPartnerUnits
433998000
CY2013 bgcp Recognition Of Earnout And Related Hedges
RecognitionOfEarnoutAndRelatedHedges
39529000
CY2013 bgcp United Kingdom Enacted Rate Change
UnitedKingdomEnactedRateChange
3529000
CY2013 bgcp Divestiture Tax Effect Of Income Loss From Divestiture
DivestitureTaxEffectOfIncomeLossFromDivestiture
172400000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
13.92
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
280809000 shares
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2012 us-gaap Partners Capital Account Units Acquisitions
PartnersCapitalAccountUnitsAcquisitions
1900000 shares
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
581000 shares
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
171200000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2012 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
217558000
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144886000 shares
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y4M24D
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2012 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P4Y4M24D
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1805135 shares
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.63
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
49000000 shares
CY2012 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
-7243000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
CY2012 us-gaap Revenues
Revenues
1766993000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
CY2012 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
104241000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23434000
CY2012 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
17501000
CY2012 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-2258000
CY2012 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
3547000
CY2012 us-gaap Interest Income Operating
InterestIncomeOperating
6506000
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
34980000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
55737000
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
90590000
CY2012 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
53159000
CY2012 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
103600000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23864000
CY2012 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
336160000
CY2012 us-gaap Management Fees Revenue
ManagementFeesRevenue
122704000
CY2012 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
3055000
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
31413000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
62600000
CY2012 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
240000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-6900000
CY2012 us-gaap Technology Services Revenue
TechnologyServicesRevenue
9962000
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
20292000
CY2012 us-gaap Profit Loss
ProfitLoss
35513000
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2046000
CY2012 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
53000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
46242000
CY2012 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
24778000
CY2012 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-37751000
CY2012 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
22000000
CY2012 us-gaap Payments For Software
PaymentsForSoftware
14032000
CY2012 us-gaap Market Data Revenue
MarketDataRevenue
17302000
CY2012 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
14726000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
18696000
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2970000
CY2012 us-gaap Interest Expense
InterestExpense
34885000
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
684000
CY2012 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
52500000
CY2012 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
1176009000
CY2012 us-gaap Increase Decrease In Due From Employee Current
IncreaseDecreaseInDueFromEmployeeCurrent
63315000
CY2012 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2280000
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-533000
CY2012 us-gaap Other Income
OtherIncome
4495000
CY2012 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
47000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
23864000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-533000
CY2012 us-gaap Revenues Excluding Interest And Dividends
RevenuesExcludingInterestAndDividends
1760487000
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5406000
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
337000
CY2012 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
500000
CY2012 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
424000
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-11775000
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26068000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36759000
CY2012 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
16187000
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11649000
CY2012 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
21000000
CY2012 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
52471000
CY2012 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
11792000
CY2012 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0
CY2012 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
90000000
CY2012 us-gaap Noninterest Expense
NoninterestExpense
1676371000
CY2012 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
43000
CY2012 us-gaap Other Expenses
OtherExpenses
64245000
CY2012 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
32000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
CY2012 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4378000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-85008000
CY2012 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
22733000
CY2012 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
30983000
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
90590000
CY2012 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
928000
CY2012 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-65000
CY2012 us-gaap Communication
Communication
90807000
CY2012 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
109596000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11550000
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
337000
CY2012 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
108716000
CY2012 us-gaap Stockholders Equity Other
StockholdersEquityOther
43000
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
12667000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
11546000
CY2012 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
86040000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
31774000
CY2012 us-gaap Occupancy Net
OccupancyNet
155349000
CY2012 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
23371000
CY2012 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
89963000
CY2012 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
1032552000
CY2012 us-gaap Professional Fees
ProfessionalFees
72777000
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
17849000
CY2012 us-gaap Depreciation
Depreciation
36000000
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2352000
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-7020000
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
50800000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
19508000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-6741000
CY2012 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-67983000
CY2012 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
13000000
CY2012 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1255000
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1918000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50985000
CY2012 us-gaap Impairment Of Investments
ImpairmentOfInvestments
291000
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
600000
CY2012 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
13491000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11316000
CY2012 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-37137000
CY2012 us-gaap Operating Expenses
OperatingExpenses
1711256000
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
906000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20224000
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
487000
CY2012 bgcp Purchase Of Units Upon Redemption Of Founding Working Partners Units
PurchaseOfUnitsUponRedemptionOfFoundingWorkingPartnersUnits
2732000
CY2012 bgcp Issuance Of Common Stock Upon Exchange Of Limited Partnership Interests
IssuanceOfCommonStockUponExchangeOfLimitedPartnershipInterests
90199000
CY2012 bgcp Allocation Of Income To Limited Partnership Interest Diluted
AllocationOfIncomeToLimitedPartnershipInterestDiluted
22161000
CY2012 bgcp Capitalization Of Patent Defense And Registration Costs
CapitalizationOfPatentDefenseAndRegistrationCosts
-583000
CY2012 bgcp Dividend Equivalent Expense On Rsus
DividendEquivalentExpenseOnRsus
217000
CY2012 bgcp Incremental Common Shares Attributable To Other Instruments
IncrementalCommonSharesAttributableToOtherInstruments
407000 shares
CY2012 bgcp Consideration Paid For Shares Acquired Related To Membership Interest In Exchange
ConsiderationPaidForSharesAcquiredRelatedToMembershipInterestInExchange
0 shares
CY2012 bgcp Redemption Of Founding Working Partner Interests
RedemptionOfFoundingWorkingPartnerInterests
2883000
CY2012 bgcp Incremental Common Shares Attributable To Limited Partnership Interests
IncrementalCommonSharesAttributableToLimitedPartnershipInterests
134935000 shares
CY2012 bgcp Minimum Percentage Of Likelihood Of Indefinite Lived Intangible Assets Being Impaired
MinimumPercentageOfLikelihoodOfIndefiniteLivedIntangibleAssetsBeingImpaired
0.50 pure
CY2012 bgcp Issuance Of Contingent Common Stock For Acquisitions
IssuanceOfContingentCommonStockForAcquisitions
9026000
CY2012 bgcp Temporary Equity Earnings Distributions
TemporaryEquityEarningsDistributions
2367000
CY2012 bgcp Grant Of Exchangeability And Redemption Of Limited Partnership Interests
GrantOfExchangeabilityAndRedemptionOfLimitedPartnershipInterests
131609000
CY2012 bgcp Sublease Provision Adjustment
SubleaseProvisionAdjustment
2596000
CY2012 bgcp Compensation And Employee Benefit Net
CompensationAndEmployeeBenefitNet
1172628000
CY2012 bgcp Limited Partnership Units Average Redemption Price Per Unit
LimitedPartnershipUnitsAverageRedemptionPricePerUnit
5.13
CY2012 bgcp Allocation Of Income To Limited Partnership Interest
AllocationOfIncomeToLimitedPartnershipInterest
21188000
CY2012 bgcp Issuance Of Class Common Stock For Acquisitions
IssuanceOfClassCommonStockForAcquisitions
9026000
CY2012 bgcp Real Estate Brokerage Revenue
RealEstateBrokerageRevenue
331010000
CY2012 bgcp Reallocation Of Equity Due To Additional Investments By Founding And Working Partners
ReallocationOfEquityDueToAdditionalInvestmentsByFoundingAndWorkingPartners
1378000
CY2012 bgcp Collection Of Receivables And Associated Expenses
CollectionOfReceivablesAndAssociatedExpenses
21100000
CY2012 bgcp Equities And Other Brokerage Revenue
EquitiesAndOtherBrokerageRevenue
156106000
CY2012 bgcp Limited Partnership Units Exchange Ratio
LimitedPartnershipUnitsExchangeRatio
1 pure
CY2012 bgcp Use Of Notes Receivable In Business Acquisition
UseOfNotesReceivableInBusinessAcquisition
25617000
CY2012 bgcp Grant Of Exchangeability And Redemption Limited Partnership Interest
GrantOfExchangeabilityAndRedemptionLimitedPartnershipInterest
4426000
CY2012 bgcp Gain Loss On Divestiture Net
GainLossOnDivestitureNet
52471000
CY2012 bgcp Current Unincorporated Business Tax
CurrentUnincorporatedBusinessTax
-361000
CY2012 bgcp Shares Issued In Pursuant To Exemption Under Law
SharesIssuedInPursuantToExemptionUnderLaw
200789 shares
CY2012 bgcp Credit Revenue
CreditRevenue
284606000
CY2012 bgcp Carrying Value Of Shares Acquired Related To Membership Interest In Exchange
CarryingValueOfSharesAcquiredRelatedToMembershipInterestInExchange
0 shares
CY2012 bgcp Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
-6003000
CY2012 bgcp Income Tax Reconciliation Unincorporated Business Taxes
IncomeTaxReconciliationUnincorporatedBusinessTaxes
752000
CY2012 bgcp Rates Revenue
RatesRevenue
532436000
CY2012 bgcp Re Allocation Of Equity Due To Additional Investment By Founding Working Partners
ReAllocationOfEquityDueToAdditionalInvestmentByFoundingWorkingPartners
-1378000
CY2012 bgcp Deferred Unincorporated Business Tax
DeferredUnincorporatedBusinessTax
-539000
CY2012 bgcp Foreign Exchange Brokerage Revenue
ForeignExchangeBrokerageRevenue
208011000
CY2012 bgcp Earnings Distributions To Noncontrolling Interests
EarningsDistributionsToNoncontrollingInterests
92330000
CY2012 bgcp Donations Of Common Stock
DonationsOfCommonStock
13401000
CY2012 bgcp Issuance Of Class A Common Stock Upon Purchase Of Notes Receivable1
IssuanceOfClassACommonStockUponPurchaseOfNotesReceivable1
3055000
CY2012 bgcp Redemption Of Founding Working Partner Units
RedemptionOfFoundingWorkingPartnerUnits
10608000
CY2012 bgcp Employee Loan Amortization And Reserve On Employee Loans
EmployeeLoanAmortizationAndReserveOnEmployeeLoans
35596000
CY2012 bgcp Related Party Revenue
RelatedPartyRevenue
1100000
CY2012 bgcp Business Acquisition Contingent Considerations Shares Issuable
BusinessAcquisitionContingentConsiderationsSharesIssuable
1800000 shares
CY2012 bgcp Gain On Divestiture And Sale Of Investment
GainOnDivestitureAndSaleOfInvestment
52471000
CY2012 bgcp Allocation Of Net Income And Grant Of Exchangeability To Limited Partnership Units And Founding Working Partner Units
AllocationOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFoundingWorkingPartnerUnits
140076000
CY2012 bgcp Gain Loss On Divestiture And Or Sale Of Investment
GainLossOnDivestitureAndOrSaleOfInvestment
52471000
CY2012 bgcp Equity Based Compensation And Allocations Of Net Income To Limited Partnership Units And Founding Or Working Partner Units
EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFoundingOrWorkingPartnerUnits
144447000
CY2012 bgcp United Kingdom Enacted Rate Change
UnitedKingdomEnactedRateChange
CY2013Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2013Q1 us-gaap Revenues
Revenues
444969000
CY2013Q1 bgcp Percentage Of Preferred Partnership Units Awarded
PercentageOfPreferredPartnershipUnitsAwarded
0.006875 pure
CY2012Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2013Q2 us-gaap Revenues
Revenues
1193167000
CY2013Q2 bgcp Percentage Of Preferred Partnership Units Awarded
PercentageOfPreferredPartnershipUnitsAwarded
0.006875 pure
CY2013Q3 us-gaap Revenues
Revenues
433345000
CY2013Q3 bgcp Percentage Of Preferred Partnership Units Awarded
PercentageOfPreferredPartnershipUnitsAwarded
0.006875 pure
CY2013Q4 us-gaap Revenues
Revenues
426605000
CY2013Q4 bgcp Percentage Of Preferred Partnership Units Awarded
PercentageOfPreferredPartnershipUnitsAwarded
0.006875 pure

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