2016 Q2 Form 10-Q Financial Statement

#000119312516675363 Filed on August 08, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $652.0M $669.1M
YoY Change -2.57% 60.39%
Cost Of Revenue $3.800M $4.100M
YoY Change -7.32% 95.24%
Gross Profit $699.4M $665.0M
YoY Change 5.17% 60.2%
Gross Profit Margin 107.28% 99.38%
Selling, General & Admin $620.9M $577.0M
YoY Change 7.61% 52.97%
% of Gross Profit 88.78% 86.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.70M $7.600M
YoY Change 146.05% 2.7%
% of Gross Profit 2.67% 1.14%
Operating Expenses $635.4M $654.9M
YoY Change -2.97% 62.64%
Operating Profit $63.96M $10.10M
YoY Change 533.26% -18.77%
Interest Expense $14.62M $18.44M
YoY Change -20.69% 99.77%
% of Operating Profit 22.86% 182.56%
Other Income/Expense, Net $10.88M $3.058M
YoY Change 255.62% 706.86%
Pretax Income $29.20M $17.29M
YoY Change 68.92% 15.92%
Income Tax $10.55M $2.272M
% Of Pretax Income 36.12% 13.14%
Net Earnings $14.47M $9.347M
YoY Change 54.78% 22.97%
Net Earnings / Revenue 2.22% 1.4%
Basic Earnings Per Share $0.05 $0.04
Diluted Earnings Per Share $0.05 $0.04
COMMON SHARES
Basic Shares Outstanding 276.0M 244.9M shares
Diluted Shares Outstanding 437.3M 366.8M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $589.2M $412.3M
YoY Change 42.92% -32.24%
Cash & Equivalents $436.2M $364.0M
Short-Term Investments $153.0M $48.28M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $2.399B $1.516B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.827B $1.880B
YoY Change 50.4% 13.38%
LONG-TERM ASSETS
Property, Plant & Equipment $148.0M $147.3M
YoY Change 0.51% 26.25%
Goodwill $816.2M $933.6M
YoY Change -12.58% 406.73%
Intangibles $223.8M $337.2M
YoY Change -33.64% 1858.24%
Long-Term Investments $40.72M $31.68M
YoY Change 28.57% 50.37%
Other Assets
YoY Change
Total Long-Term Assets $2.285B $2.092B
YoY Change 9.24% 163.31%
TOTAL ASSETS
Total Short-Term Assets $2.827B $1.880B
Total Long-Term Assets $2.285B $2.092B
Total Assets $5.112B $3.972B
YoY Change 28.72% 61.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.881B $1.017B
YoY Change 85.09% 33.38%
Accrued Expenses $322.2M $318.1M
YoY Change 1.29% 57.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $50.00M
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $890.8M $1.432B
YoY Change -37.81% 148.77%
LONG-TERM LIABILITIES
Long-Term Debt $1.132B $841.2M
YoY Change 34.59% 105.62%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.132B $841.2M
YoY Change 34.59% 103.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $890.8M $1.432B
Total Long-Term Liabilities $1.132B $841.2M
Total Liabilities $3.904B $2.841B
YoY Change 37.41% 62.31%
SHAREHOLDERS EQUITY
Retained Earnings -$326.0M -$306.5M
YoY Change 6.36% 49.66%
Common Stock $1.413B $1.019B
YoY Change 38.7% 31.9%
Preferred Stock
YoY Change
Treasury Stock (at cost) $267.7M $206.8M
YoY Change 29.47% 31.01%
Treasury Stock Shares
Shareholders Equity $846.4M $546.7M
YoY Change
Total Liabilities & Shareholders Equity $5.112B $3.972B
YoY Change 28.72% 61.95%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $14.47M $9.347M
YoY Change 54.78% 22.97%
Depreciation, Depletion And Amortization $18.70M $7.600M
YoY Change 146.05% 2.7%
Cash From Operating Activities -$278.7M $68.90M
YoY Change -504.5% 136.77%
INVESTING ACTIVITIES
Capital Expenditures -$18.40M -$12.80M
YoY Change 43.75% 93.94%
Acquisitions
YoY Change
Other Investing Activities $36.10M -$45.60M
YoY Change -179.17% 99.13%
Cash From Investing Activities $17.70M -$58.30M
YoY Change -130.36% 97.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 225.5M -75.20M
YoY Change -399.87% -6.7%
NET CHANGE
Cash From Operating Activities -278.7M 68.90M
Cash From Investing Activities 17.70M -58.30M
Cash From Financing Activities 225.5M -75.20M
Net Change In Cash -35.50M -64.60M
YoY Change -45.05% -20.25%
FREE CASH FLOW
Cash From Operating Activities -$278.7M $68.90M
Capital Expenditures -$18.40M -$12.80M
Free Cash Flow -$260.3M $81.70M
YoY Change -418.6% 128.85%

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<div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="3%" align="left"><b>10.</b></td> <td style="FONT-SIZE: 8pt" valign="top" width="1%">&#xA0;</td> <td valign="top" align="left"><b>Receivables from and Payables to Broker-Dealers, Clearing Organizations, Customers and Related Broker-Dealers</b></td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> 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 may enter to minimize the effect of price changes of the Company&#x2019;s Nasdaq shares and/or ICE shares (see Note 11&#x2014;&#x201C;Derivatives&#x201D;). As of June&#xA0;30, 2016 and December&#xA0;31, 2015, Receivables from and payables to broker-dealers, clearing organizations, customers and related broker-dealers consisted of the following (in thousands):</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="76%" align="center" border="0"> <tr> <td width="74%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>June&#xA0;30,</b><br /> <b>2016</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>December&#xA0;31,</b><br /> <b>2015</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Receivables from broker-dealers, clearing organizations, customers and related broker-dealers:</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Contract values of fails to deliver</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,872,298</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">692,530</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Receivables from clearing organizations</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">127,611</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">92,915</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Other receivables from broker-dealers and customers</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">17,414</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">18,252</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Net pending trades</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">4,163</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">6,544</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Open derivative contracts</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,434</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,999</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 5em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Total</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,022,920</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">812,240</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Payables to broker-dealers, clearing organizations, customers and related broker-dealers:</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Contract values of fails to receive</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,761,710</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">660,365</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Payables to clearing organizations</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">74,372</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">30,037</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Other payables to broker-dealers and customers</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">21,364</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">23,287</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Open derivative contracts</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">287</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,134</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 5em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Total</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,857,733</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">714,823</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 3px double; MARGIN-TOP: 0pt"> &#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> 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.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Substantially all open fails to deliver, open fails to receive and pending trade transactions as of June&#xA0;30, 2016 have subsequently settled at the contracted amounts.</p> </div>
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159303000
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RedemptionsAndRepurchasesAveragePrice
8.77
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EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFoundingOrWorkingPartnerUnits
83374000
bgcp Issuance Of Contingent Common Stock And Limited Partnership Units For Acquisitions
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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.
bgcp Partnership Unit Repurchase Price Description
PartnershipUnitRepurchasePriceDescription
Repurchased by the Company at the average price of shares of Class A common stock sold under the Company's controlled equity offering less 2%, or $91,558.
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bgcp Post Termination Award Payout Period
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P1Y7D
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bgcp Credit Revenue
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bgcp Redemptions And Repurchases
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bgcp Issuance Of Common Stock Upon Exchange Of Limited Partnership Interests
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28435000
bgcp Capitalization Of Patent Defense And Registration Costs
CapitalizationOfPatentDefenseAndRegistrationCosts
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bgcp Forfeitures Of Common Stock
ForfeituresOfCommonStock
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69883000
bgcp Exchange Of Founding Working Partner Interests
ExchangeOfFoundingWorkingPartnerInterests
1368000
bgcp Regulatory Requirement Minimum Period Of Cash Or Highly Liquid Securities To Cover Operating Costs
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P6M
bgcp Limited Partnership Units Exchange Ratio
LimitedPartnershipUnitsExchangeRatio
1 pure
bgcp Incremental Common Shares Attributable To Other Instruments
IncrementalCommonSharesAttributableToOtherInstruments
2755000 shares
bgcp Issuance Of Class Common Stock And Limited Partnership Interests For Acquisitions
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1846000
bgcp Regulatory Requirement Minimum Period Of Financial Resources To Cover Operating Costs
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P1Y
bgcp Stock Released During Period Restricted Shares
StockReleasedDuringPeriodRestrictedShares
2200000 shares
bgcp Reduction Cost Due To Redemption And Repurchases Of Shares Per Share
ReductionCostDueToRedemptionAndRepurchasesOfSharesPerShare
8.73
bgcp Number Of Units Redeemed
NumberOfUnitsRedeemed
1804365 shares
bgcp Payment Specified Percentage Of Gross Proceeds From Sale Of Shares
PaymentSpecifiedPercentageOfGrossProceedsFromSaleOfShares
0.02 pure
bgcp Cash Per Unit Received Upon Conversion Of Deferred Cash Award
CashPerUnitReceivedUponConversionOfDeferredCashAward
6.10
bgcp Reduction Cost Due To Redemption And Repurchases Of Shares
ReductionCostDueToRedemptionAndRepurchasesOfShares
74500000
bgcp Data Software And Posttrade Revenue
DataSoftwareAndPosttradeRevenue
24765000
bgcp Trading Securities Realized And Unrealized Gain Loss
TradingSecuritiesRealizedAndUnrealizedGainLoss
6700000
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NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems
-175175000
CY2016Q2 us-gaap Treasury Stock Shares Acquired
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9.10
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TreasuryStockSharesAcquired
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TreasuryStockAcquiredAverageCostPerShare
9.17
CY2016Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
291323 shares
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TreasuryStockAcquiredAverageCostPerShare
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P13Y8M12D
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131360000
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MinorityInterestDecreaseFromRedemptions
835000
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NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
217040000
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OtherComprehensiveIncomeLossNetOfTax
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MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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StockholdersEquityOther
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StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
150000000
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StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
1701000
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y4M24D
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StockGrantedDuringPeriodValueSharebasedCompensation
4371000
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StockIssuedDuringPeriodValueNewIssues
1108000
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ProfitLoss
268318000
CY2015 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
545000
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IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions
39090000
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8700000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10948000
CY2015 bgcp Purchase Of Units Upon Redemption Of Founding Working Partners Units
PurchaseOfUnitsUponRedemptionOfFoundingWorkingPartnersUnits
6573000
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RepurchaseOfCommonStockAmount
12114000
CY2015 bgcp Noncontrolling Interest Increase Decrease From Business Combination
NoncontrollingInterestIncreaseDecreaseFromBusinessCombination
-488000
CY2015 bgcp Re Allocation Of Equity Due To Additional Investment By Founding Working Partners
ReAllocationOfEquityDueToAdditionalInvestmentByFoundingWorkingPartners
80000
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DerivativeGainLossOnDerivativeNet
9897000
CY2015Q2 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
10473000
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20800000 shares
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0.14
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DistributionMadeToLimitedPartnerCashDistributionsDeclared
600000
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0.14
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EarningsPerShareBasic
0.04
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EarningsPerShareDiluted
0.04
CY2015Q2 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
487810000
CY2015Q2 us-gaap Communication
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32110000
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-400000
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431287000
CY2015Q2 us-gaap Capitalized Computer Software Impairments1
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13200000
CY2015Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
8200000
CY2015Q2 us-gaap Revenues
Revenues
669131000
CY2015Q2 us-gaap Management Fees Revenue
ManagementFeesRevenue
46528000
CY2015Q2 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
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CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3058000
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OtherNonoperatingIncomeExpense
1331000
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OperatingExpenses
654900000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
9347000
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5670000
CY2015Q2 us-gaap Other Income
OtherIncome
2495000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17289000
CY2015Q2 us-gaap Interest Expense
InterestExpense
18439000
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2254000
CY2015Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-383000
CY2015Q2 us-gaap Occupancy Net
OccupancyNet
63108000
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
5940000
CY2015Q2 us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
400000
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13256000
CY2015Q2 us-gaap Noninterest Expense
NoninterestExpense
636461000
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9347000
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1871000
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
944000 shares
CY2015Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
130221000
CY2015Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
26763000
CY2016Q2 us-gaap Communication
Communication
30600000
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
833000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2272000
CY2015Q2 us-gaap Other Expenses
OtherExpenses
27179000
CY2015Q2 us-gaap Interest Income Operating
InterestIncomeOperating
3161000
CY2015Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
4121000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
16888000
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
366774000 shares
CY2015Q2 us-gaap Revenues Excluding Interest And Dividends
RevenuesExcludingInterestAndDividends
665970000
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
244862000 shares
CY2015Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0
CY2015Q2 us-gaap Professional Fees
ProfessionalFees
15220000
CY2015Q2 us-gaap Sales Revenue From Energy Commodities And Services
SalesRevenueFromEnergyCommoditiesAndServices
54843000
CY2015Q2 us-gaap Profit Loss
ProfitLoss
15017000
CY2015Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
6095000
CY2015Q2 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
-2100000
CY2015Q2 bgcp Allocation Of Income To Limited Partnership Interest Diluted
AllocationOfIncomeToLimitedPartnershipInterestDiluted
3909000
CY2015Q2 bgcp Rates Revenue
RatesRevenue
126798000
CY2015Q2 bgcp Allocation Of Net Income And Grant Of Exchangeability To Limited Partnership Units And Founding Working Partner Units
AllocationOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFoundingWorkingPartnerUnits
26200000
CY2015Q2 bgcp Foreign Exchange Brokerage Revenue
ForeignExchangeBrokerageRevenue
85976000
CY2015Q2 bgcp Incremental Common Shares Attributable To Limited Partnership Interests
IncrementalCommonSharesAttributableToLimitedPartnershipInterests
120122000 shares
CY2015Q2 bgcp Equities And Other Brokerage Revenue
EquitiesAndOtherBrokerageRevenue
50329000
CY2015Q2 bgcp Compensation And Employee Benefit Net
CompensationAndEmployeeBenefitNet
457487000
CY2015Q2 bgcp Real Estate Brokerage Revenue
RealEstateBrokerageRevenue
61178000
CY2015Q2 bgcp Credit Revenue
CreditRevenue
73814000
CY2015Q2 bgcp Incremental Common Shares Attributable To Other Instruments
IncrementalCommonSharesAttributableToOtherInstruments
846000 shares
CY2015Q2 bgcp Gain Loss On Divestiture And Or Sale Of Investment
GainLossOnDivestitureAndOrSaleOfInvestment
894000
CY2015Q2 bgcp Data Software And Posttrade Revenue
DataSoftwareAndPosttradeRevenue
27693000
CY2016Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7187046 shares
CY2016Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
8.72
CY2016Q1 bgcp Percentage Of Preferred Partnership Units Awarded
PercentageOfPreferredPartnershipUnitsAwarded
0.006875 pure
CY2016Q1 bgcp Average Redemption Price Per Unit
AverageRedemptionPricePerUnit
8.59
CY2016Q1 bgcp Number Of Units Redeemed
NumberOfUnitsRedeemed
775791 shares
CY2016Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
7310000
CY2016Q2 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
10097000
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2016Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.16
CY2016Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
10400000
CY2016Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14055000
CY2016Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4900000
CY2016Q2 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
498588000
CY2016Q2 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-1900000
CY2016Q2 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
418621000
CY2016Q2 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
1400000
CY2016Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
3900000
CY2016Q2 us-gaap Revenues
Revenues
651960000
CY2016Q2 us-gaap Management Fees Revenue
ManagementFeesRevenue
45529000
CY2016Q2 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
86448000
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
10512000
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10012000
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
631361000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
15725000
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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4838000
CY2016Q2 us-gaap Other Income
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305000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31111000
CY2016Q2 us-gaap Interest Expense
InterestExpense
14624000
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-149000
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CY2016Q2 us-gaap Occupancy Net
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49511000
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4436000
CY2016Q2 us-gaap Gain Loss On Sale Of Equity Investments
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500000
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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25359000
CY2016Q2 us-gaap Noninterest Expense
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616737000
CY2016Q2 us-gaap Interest On Convertible Debt Net Of Tax
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1521000
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15725000
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-2072000
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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376000 shares
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124555000
CY2016Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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16260000 shares
CY2016Q2 us-gaap Marketing And Advertising Expense
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25514000
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3534000
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18491000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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437257000 shares
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648183000
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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275997000 shares
CY2016Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0
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14201000
CY2016Q2 us-gaap Sales Revenue From Energy Commodities And Services
SalesRevenueFromEnergyCommoditiesAndServices
57306000
CY2016Q2 us-gaap Profit Loss
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20563000
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4865000
CY2016Q2 bgcp Allocation Of Income To Limited Partnership Interest Diluted
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8113000
CY2016Q2 bgcp Percentage Of Preferred Partnership Units Awarded
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0.006875 pure
CY2016Q2 bgcp Rates Revenue
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120678000
CY2016Q2 bgcp Allocation Of Net Income And Grant Of Exchangeability To Limited Partnership Units And Founding Working Partner Units
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40975000
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76835000
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143229000 shares
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45593000
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459596000
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82739000
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77330000
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1395000 shares
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8.91
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12448000
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TradingSecuritiesRealizedAndUnrealizedGainLoss
7500000

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