2023 Q2 Form 10-Q Financial Statement

#000162828023016479 Filed on May 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $406.3M $432.1M $205.6M
YoY Change 851.47% 110.17% -65.74%
Cost Of Revenue $40.32M $47.63M $2.251M
YoY Change 1921.92% 2015.77% -57.74%
Gross Profit $366.0M $384.5M $203.3M
YoY Change 799.03% 89.08% -65.82%
Gross Profit Margin 90.08% 88.98% 98.91%
Selling, General & Admin $188.9M $212.6M $175.2M
YoY Change 13.01% 21.36% -8.44%
% of Gross Profit 51.61% 55.3% 86.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.53M $13.08M $7.848M
YoY Change 57.44% 66.63% 16.11%
% of Gross Profit 3.42% 3.4% 3.86%
Operating Expenses $188.9M $212.6M $175.2M
YoY Change 13.01% 21.36% -8.44%
Operating Profit $82.99M $84.92M $4.722M
YoY Change -152.28% 1698.45% -98.73%
Interest Expense -$72.69M -$64.19M -$29.02M
YoY Change 65.0% 121.24% -22.0%
% of Operating Profit -87.58% -75.59% -614.46%
Other Income/Expense, Net
YoY Change
Pretax Income $65.29M $24.48M -$12.89M
YoY Change -134.52% -289.89% -103.64%
Income Tax $21.50M $7.919M -$3.695M
% Of Pretax Income 32.94% 32.35%
Net Earnings $46.38M $17.16M -$10.06M
YoY Change -133.09% -270.49% -103.95%
Net Earnings / Revenue 11.42% 3.97% -4.89%
Basic Earnings Per Share $1.57 $0.53 -$0.43
Diluted Earnings Per Share $1.55 $0.51 -$0.43
COMMON SHARES
Basic Shares Outstanding 28.14M shares 28.82M shares 27.86M shares
Diluted Shares Outstanding 28.65M shares 29.51M shares 27.86M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $107.6M $210.0M $213.6M
YoY Change -50.22% -1.69% -10.11%
Cash & Equivalents $107.6M $210.0M $213.6M
Short-Term Investments
Other Short-Term Assets $309.1M $491.9M $470.5M
YoY Change -35.64% 4.54% 407.03%
Inventory $115.0M $113.1M
Prepaid Expenses
Receivables $118.9M $120.9M $44.72M
Other Receivables $34.06M $30.28M $50.00M
Total Short-Term Assets $558.5M $842.2M $770.7M
YoY Change -30.23% 9.28% -4.95%
LONG-TERM ASSETS
Property, Plant & Equipment $28.44M $27.58M $12.98M
YoY Change 100.56% 112.46% -82.88%
Goodwill $526.8M $524.0M $362.5M
YoY Change 33.6% 44.56%
Intangibles $354.3M $366.1M $211.9M
YoY Change 31.08% 72.74%
Long-Term Investments $46.17M $41.82M $45.98M
YoY Change 6.8% -9.05% -98.15%
Other Assets $5.166M $5.196M $3.795M
YoY Change -16.88% 36.92% -66.42%
Total Long-Term Assets $5.695B $5.776B $4.481B
YoY Change 12.22% 28.9% 35.75%
TOTAL ASSETS
Total Short-Term Assets $558.5M $842.2M $770.7M
Total Long-Term Assets $5.695B $5.776B $4.481B
Total Assets $6.253B $6.618B $5.252B
YoY Change 6.44% 26.02% 27.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.26M $59.97M $8.634M
YoY Change 168.7% 594.57% 15.12%
Accrued Expenses $66.36M $79.52M $32.97M
YoY Change 118.39% 141.2% -90.33%
Deferred Revenue
YoY Change
Short-Term Debt $3.043B $3.085B $1.707B
YoY Change 21.73% 80.78% 6.99%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.528B $3.593B $2.162B
YoY Change 20.89% 66.19% 7.38%
LONG-TERM LIABILITIES
Long-Term Debt $2.217B $2.369B $1.993B
YoY Change 8.88% 18.87% 62.49%
Other Long-Term Liabilities $0.00 $6.033M $0.00
YoY Change -100.0%
Total Long-Term Liabilities $2.217B $2.376B $1.993B
YoY Change 7.57% 19.17% 62.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.528B $3.593B $2.162B
Total Long-Term Liabilities $2.217B $2.376B $1.993B
Total Liabilities $5.791B $6.003B $4.207B
YoY Change 16.32% 42.7% 24.46%
SHAREHOLDERS EQUITY
Retained Earnings -$49.14M -$62.57M $205.8M
YoY Change -250.88% -130.41%
Common Stock $3.000K $3.000K $3.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $402.5M $381.2M $654.4M
YoY Change
Total Liabilities & Shareholders Equity $6.253B $6.618B $5.252B
YoY Change 6.44% 26.02% 27.72%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $46.38M $17.16M -$10.06M
YoY Change -133.09% -270.49% -103.95%
Depreciation, Depletion And Amortization $12.53M $13.08M $7.848M
YoY Change 57.44% 66.63% 16.11%
Cash From Operating Activities $24.49M $52.62M -$14.90M
YoY Change -169.96% -453.18% -65.27%
INVESTING ACTIVITIES
Capital Expenditures $3.061M $1.696M -$176.0K
YoY Change -525.14% -1063.64% 76.0%
Acquisitions $12.29M $40.05M
YoY Change -69.32% 15302.69%
Other Investing Activities $276.5M -$55.47M -$35.34M
YoY Change 652.38% 56.97% -4749.61%
Cash From Investing Activities $273.5M -$57.16M -$35.51M
YoY Change 658.92% 60.97% -79.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -401.5M -$55.34M -$14.44M
YoY Change -10111.42% 283.19% -104.05%
NET CHANGE
Cash From Operating Activities 24.49M $52.62M -$14.90M
Cash From Investing Activities 273.5M -$57.16M -$35.51M
Cash From Financing Activities -401.5M -$55.34M -$14.44M
Net Change In Cash -103.5M -$58.60M -$65.35M
YoY Change -2151.28% -10.32% -146.25%
FREE CASH FLOW
Cash From Operating Activities $24.49M $52.62M -$14.90M
Capital Expenditures $3.061M $1.696M -$176.0K
Free Cash Flow $21.43M $50.92M -$14.72M
YoY Change -162.5% -445.88% -65.6%

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CY2022Q1 us-gaap Dividends Preferred Stock Cash
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15143000 usd
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CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q1 us-gaap Profit Loss
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CY2022Q1 us-gaap Profit Loss
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CY2023Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
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CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2023Q1 rily Remeasurement Of Temporary Equity
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1198000 usd
CY2023Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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538000 usd
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866000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
440364000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q1 us-gaap Stock Issued During Period Value New Issues
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17013000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2022Q1 us-gaap Dividends Common Stock Cash
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31033000 usd
CY2022Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2002000 usd
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CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022Q1 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
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CY2022Q1 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
182000 usd
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Profit Loss
ProfitLoss
16560000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13077000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7848000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3173000 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
405000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
13746000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17013000 usd
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CY2022Q1 rily Fair Value Adjustments Noncash
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CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1141000 usd
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3596000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
34000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6775000 usd
CY2023Q1 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
129000 usd
CY2022Q1 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
774000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5807000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-41900000 usd
CY2023Q1 rily Income Loss On Loans Receivable And Disposal Of Fixed Assets
IncomeLossOnLoansReceivableAndDisposalOfFixedAssets
5000 usd
CY2022Q1 rily Income Loss On Loans Receivable And Disposal Of Fixed Assets
IncomeLossOnLoansReceivableAndDisposalOfFixedAssets
257000 usd
CY2023Q1 rily Gain On Extinguishment Of Loans
GainOnExtinguishmentOfLoans
0 usd
CY2022Q1 rily Gain On Extinguishment Of Loans
GainOnExtinguishmentOfLoans
1102000 usd
CY2023Q1 rily Income Allocated And Fair Value Adjustment For Mandatorily Redeemable Noncontrolling Interests
IncomeAllocatedAndFairValueAdjustmentForMandatorilyRedeemableNoncontrollingInterests
308000 usd
CY2022Q1 rily Income Allocated And Fair Value Adjustment For Mandatorily Redeemable Noncontrolling Interests
IncomeAllocatedAndFairValueAdjustmentForMandatorilyRedeemableNoncontrollingInterests
215000 usd
CY2023Q1 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
-16318000 usd
CY2022Q1 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
80091000 usd
CY2023Q1 rily Increase Decrease In Securities And Other Investments Owned
IncreaseDecreaseInSecuritiesAndOtherInvestmentsOwned
-95037000 usd
CY2022Q1 rily Increase Decrease In Securities And Other Investments Owned
IncreaseDecreaseInSecuritiesAndOtherInvestmentsOwned
-215973000 usd
CY2023Q1 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
599516000 usd
CY2022Q1 us-gaap Increase Decrease In Securities Borrowed
IncreaseDecreaseInSecuritiesBorrowed
-461193000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-25083000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6355000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
25705000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1701000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2023Q1 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
1070000 usd
CY2022Q1 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
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CY2023Q1 us-gaap Increase Decrease In Financial Instruments Sold Not Yet Purchased
IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased
1909000 usd
CY2022Q1 us-gaap Increase Decrease In Financial Instruments Sold Not Yet Purchased
IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased
-21125000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1749000 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
4924000 usd
CY2023Q1 us-gaap Increase Decrease In Securities Loaned Transactions
IncreaseDecreaseInSecuritiesLoanedTransactions
603951000 usd
CY2022Q1 us-gaap Increase Decrease In Securities Loaned Transactions
IncreaseDecreaseInSecuritiesLoanedTransactions
-469553000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
52617000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14898000 usd
CY2023Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
311970000 usd
CY2022Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
93853000 usd
CY2023Q1 rily Repayments Of Loans Receivable
RepaymentsOfLoansReceivable
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CY2022Q1 rily Repayments Of Loans Receivable
RepaymentsOfLoansReceivable
-101000000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
7500000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
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CY2023Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
234000 usd
CY2022Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
26076000 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12287000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
40047000 usd
CY2023Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1696000 usd
CY2022Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
176000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
1364000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
2000 usd
CY2023Q1 rily Payments To Acquire Equity Method Investments And Other Investments
PaymentsToAcquireEquityMethodInvestmentsAndOtherInvestments
662000 usd
CY2022Q1 rily Payments To Acquire Equity Method Investments And Other Investments
PaymentsToAcquireEquityMethodInvestmentsAndOtherInvestments
2439000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
29021000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2023Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
17237000 usd
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
11510000 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
357000 usd
CY2023Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
72924000 usd
CY2022Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
4116000 usd
CY2023Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
128187000 usd
CY2022Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
20037000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1957000 usd
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1302000 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
181000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4819000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1294000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
46856000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
27886000 usd
CY2023Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2012000 usd
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2002000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
53803000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1023000 usd
CY2022Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1051000 usd
CY2023Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
431000 usd
CY2022Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1770000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
467000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
639000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-55337000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14441000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-59884000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-64852000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1280000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-496000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-58604000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-65348000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270926000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
279860000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212322000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
214512000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
81423000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
38272000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2932000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
73000 usd
CY2023Q1 us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION AND NATURE OF BUSINESS OPERATIONS<div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">B. Riley Financial, Inc. and its subsidiaries (collectively, the “Company”) provide investment banking, brokerage, wealth management, asset management, direct lending, business advisory, valuation, and asset disposition services to a broad client base spanning public and private companies, financial sponsors, investors, financial institutions, legal and professional services firms, and individuals. The Company also has a portfolio of communication related businesses that provide consumer Internet access and cloud communication services and consumer related businesses that consist of a brands portfolio, which provides licensing of trademarks and brand investments, and Targus Cayman Holdco Limited (“Targus”), which designs and sells laptop and computer accessories.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates in six reportable operating segments: (i) Capital Markets, through which the Company provides investment banking, corporate finance, securities lending, restructuring, research, sales and trading services to corporate and institutional clients; (ii) Wealth Management, through which the Company provides wealth management and tax services to corporate and high-net-worth clients; (iii) Auction and Liquidation, through which the Company provides auction and liquidation services to help clients dispose of assets that include multi-location retail inventory, wholesale inventory, trade fixtures, machinery and equipment, intellectual property and real property; (iv) Financial Consulting, through which the Company provides bankruptcy, financial advisory, forensic accounting, real estate consulting and valuation and appraisal services; (v) Communications, through which the Company provides consumer Internet access and related subscription services, cloud communication services, and mobile phone voice, text, and data services and devices; and (vi) Consumer, including brands, which generates revenue through the licensing of trademarks, and Targus, which generates revenue through sales of laptop and computer accessories. </span></div>During the fourth quarter of 2022, the Company realigned its segment reporting structure to reflect organizational changes from recent acquisitions and the manner in which capital is allocated. The Consumer segment includes the previously reported Brands segment and Targus, which the Company acquired in the fourth quarter of 2022. The Company has also re-aligned its previously reported Principal Investments - Communications and Other segment into the Communications segment and the All Other category that is reported with Corporate and Other.
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 segment
CY2022Q1 rily Services And Fees Revenue
ServicesAndFeesRevenue
202814000 usd
CY2022Q1 rily Trading Income Losses And Fair Value Adjustments On Loan
TradingIncomeLossesAndFairValueAdjustmentsOnLoan
-19278000 usd
CY2022Q1 rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
61426000 usd
CY2022Q1 rily Revenues Sale Of Goods
RevenuesSaleOfGoods
1878000 usd
CY2022Q1 us-gaap Revenues
Revenues
246840000 usd
CY2022Q1 rily Direct Cost Of Service
DirectCostOfService
11651000 usd
CY2022Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2251000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
175199000 usd
CY2022Q1 rily Interest Expense Securities Lending
InterestExpenseSecuritiesLending
11766000 usd
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
200867000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
45973000 usd
CY2022Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
67000 usd
CY2022Q1 us-gaap Investment Income Dividend
InvestmentIncomeDividend
7861000 usd
CY2022Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-49112000 usd
CY2022Q1 rily Change In Fair Value Of Financial Instruments And Other
ChangeInFairValueOfFinancialInstrumentsAndOther
5981000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6775000 usd
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
30436000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12891000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3695000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-9196000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
866000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-10062000 usd
CY2022Q1 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
2002000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-12064000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12064000 usd
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27855033 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27855033 shares
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates The preparation of the condensed consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenue and expense during the reporting period. Estimates are used when accounting for certain items such as valuation of securities, allowance for doubtful accounts, the fair value of loans receivables, intangible assets and goodwill, share based arrangements, contingent consideration, and accounting for income tax valuation allowances, recovery of contract assets and sales returns and allowances. Estimates are based on historical experience, where applicable, and assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved with estimates, actual results may differ.
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Risk<div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues in the Capital Markets, Financial Consulting, Wealth Management, and Communications segments are primarily generated in the United States. Revenues in the Auction and Liquidation segment and Consumer segment are primarily generated in the United States, Australia, Canada, and Europe. </span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains cash in various federally insured banking institutions. The account balances at each institution periodically exceed the Federal Deposit Insurance Corporation’s (“FDIC”) insurance coverage, and as a result, there is a concentration of credit risk related to amounts in excess of FDIC insurance coverage. The Company has not experienced any losses in such accounts. The Company also has substantial cash balances from proceeds received from auctions and liquidation engagements that are distributed to parties in accordance with the collaborative arrangements.</span></div>The Company’s activities in the Auction and Liquidation segment are executed frequently with, and on behalf of, distressed customers and secured creditors. Concentrations of credit risk can be affected by changes in economic, industry, or geographical factors. The Company seeks to control its credit risk and potential risk concentration through risk management activities that limit the Company’s exposure to losses on any one specific liquidation services contract or concentration within any one specific industry. To mitigate the exposure to losses on any one specific liquidations services contract, the Company sometimes conducts operations with third parties through collaborative arrangements.
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
5121000 usd
CY2022Q1 us-gaap Advertising Expense
AdvertisingExpense
1763000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2351000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2308000 usd
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
209971000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
268618000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2351000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2308000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
212322000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
270926000 usd
CY2023Q1 rily Net Of Unamortized Costs Origination Fees Premiums And Discounts
NetOfUnamortizedCostsOriginationFeesPremiumsAndDiscounts
3620000 usd
CY2022Q4 rily Net Of Unamortized Costs Origination Fees Premiums And Discounts
NetOfUnamortizedCostsOriginationFeesPremiumsAndDiscounts
3851000 usd
CY2023Q1 rily Unrealized Gain Loss On Loan Receivable
UnrealizedGainLossOnLoanReceivable
43459000 usd
CY2022Q1 rily Unrealized Gain Loss On Loan Receivable
UnrealizedGainLossOnLoanReceivable
10937000 usd
CY2023Q1 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
39552000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
7153000 usd
CY2023Q1 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
0.051
CY2022Q4 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
0.010
CY2023Q1 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Owned
SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
1049230000 usd
CY2022Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Owned
SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
1129268000 usd
CY2023Q1 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
7806000 usd
CY2022Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
5897000 usd
CY2023Q1 rily Equity Method Investment Number Of Investments
EquityMethodInvestmentNumberOfInvestments
2 investment
CY2023Q1 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
370502000 usd
CY2022Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
371948000 usd
CY2023Q1 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
48930000 usd
CY2022 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
70063000 usd
CY2023Q1 rily Investment Securities
InvestmentSecurities
86920000 usd
CY2022Q4 rily Investment Securities
InvestmentSecurities
94109000 usd
CY2023Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
176182000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
174437000 usd
CY2023Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
176182000 usd
CY2023Q1 us-gaap Investments
Investments
913380000 usd
CY2023Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
772085000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1861647000 usd
CY2023Q1 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
7806000 usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
4654000 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
381000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
28884000 usd
CY2023Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
41725000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
174437000 usd
CY2022Q4 us-gaap Investments
Investments
965096000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
701652000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1841185000 usd
CY2022Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
5897000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
4648000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
173000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
31046000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
41764000 usd
CY2023Q1 us-gaap Senior Notes
SeniorNotes
1722977000 usd
CY2022Q4 us-gaap Senior Notes
SeniorNotes
1721751000 usd
CY2023Q1 rily Senior Notes Fair Value
SeniorNotesFairValue
1258532000 usd
CY2022Q4 rily Senior Notes Fair Value
SeniorNotesFairValue
1431787000 usd
CY2023Q1 rily Investments In Non Public Entities That Do Not Report Nav
InvestmentsInNonPublicEntitiesThatDoNotReportNAV
4271000 usd
CY2022Q4 rily Investments In Non Public Entities That Do Not Report Nav
InvestmentsInNonPublicEntitiesThatDoNotReportNAV
20251000 usd
CY2023Q1 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
0 eur
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-234000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
296000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
41816000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
41298000 usd
CY2023Q1 us-gaap Other Significant Noncash Transaction Consideration Given
OtherSignificantNoncashTransactionConsiderationGiven
15,000
CY2023Q1 us-gaap Stock Issued1
StockIssued1
2111000 usd
CY2022Q1 us-gaap Stock Issued1
StockIssued1
20320000 usd
CY2023Q1 rily Agent Fees
AgentFees
0 usd
CY2022Q1 rily Agent Fees
AgentFees
12051000 usd
CY2021Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2021Q4 us-gaap Assets Held In Trust Current
AssetsHeldInTrustCurrent
345000000 usd
CY2021 rily Initial Public Offering Consummate Business Combination Transaction Term
InitialPublicOfferingConsummateBusinessCombinationTransactionTerm
P24M
CY2021 rily Initial Public Offering Consummate Business Combination Transaction Term Circumstance Based
InitialPublicOfferingConsummateBusinessCombinationTransactionTermCircumstanceBased
P27M
CY2023Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
176182000 usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
174967000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
93000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
2335000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
624000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
93000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2023Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
438000 usd
CY2022Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
27000 usd
CY2023Q1 rily Restructuring Reserves Non Cash Items
RestructuringReservesNonCashItems
6000 usd
CY2022Q1 rily Restructuring Reserves Non Cash Items
RestructuringReservesNonCashItems
2000 usd
CY2023Q1 us-gaap Restructuring Reserve
RestructuringReserve
1996000 usd
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
599000 usd
CY2022Q1 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2023Q1 us-gaap Severance Costs1
SeveranceCosts1
60000 usd
CY2023Q1 us-gaap Business Exit Costs1
BusinessExitCosts1
33000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
93000 usd
CY2023Q1 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
2942843000 usd
CY2023Q1 us-gaap Securities Borrowed Not Subject To Master Netting Arrangement
SecuritiesBorrowedNotSubjectToMasterNettingArrangement
0 usd
CY2023Q1 us-gaap Securities Borrowed
SecuritiesBorrowed
2942843000 usd
CY2023Q1 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2942843000 usd
CY2023Q1 us-gaap Securities Borrowed Fair Value Of Collateral
SecuritiesBorrowedFairValueOfCollateral
0 usd
CY2023Q1 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
2937982000 usd
CY2023Q1 us-gaap Securities Loaned Not Subject To Master Netting Arrangement
SecuritiesLoanedNotSubjectToMasterNettingArrangement
0 usd
CY2023Q1 us-gaap Securities Loaned
SecuritiesLoaned
2937982000 usd
CY2023Q1 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2937982000 usd
CY2023Q1 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
0 usd
CY2022Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
2343327000 usd
CY2022Q4 us-gaap Securities Borrowed Not Subject To Master Netting Arrangement
SecuritiesBorrowedNotSubjectToMasterNettingArrangement
0 usd
CY2022Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
2343327000 usd
CY2022Q4 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2343327000 usd
CY2022Q4 us-gaap Securities Borrowed Fair Value Of Collateral
SecuritiesBorrowedFairValueOfCollateral
0 usd
CY2022Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
2334031000 usd
CY2022Q4 us-gaap Securities Loaned Not Subject To Master Netting Arrangement
SecuritiesLoanedNotSubjectToMasterNettingArrangement
0 usd
CY2022Q4 us-gaap Securities Loaned
SecuritiesLoaned
2334031000 usd
CY2022Q4 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2334031000 usd
CY2022Q4 us-gaap Securities Loaned Fair Value Of Collateral
SecuritiesLoanedFairValueOfCollateral
0 usd
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
116411000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
144120000 usd
CY2023Q1 rily Investment Banking Fees Commissions And Other Receivable
InvestmentBankingFeesCommissionsAndOtherReceivable
10766000 usd
CY2022Q4 rily Investment Banking Fees Commissions And Other Receivable
InvestmentBankingFeesCommissionsAndOtherReceivable
8654000 usd
CY2023Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
127177000 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
152774000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6324000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3664000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
120853000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
149110000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3664000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3658000 usd
CY2023Q1 rily Accounts Receivable Credit Loss Expense Reversal Net Of Adjustments
AccountsReceivableCreditLossExpenseReversalNetOfAdjustments
3173000 usd
CY2022Q1 rily Accounts Receivable Credit Loss Expense Reversal Net Of Adjustments
AccountsReceivableCreditLossExpenseReversalNetOfAdjustments
405000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
488000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
960000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
25000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6324000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3103000 usd
CY2023Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
176182000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
174437000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
113107000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
101675000 usd
CY2023Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
41816000 usd
CY2022Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
41298000 usd
CY2023Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
23699000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
17623000 usd
CY2023Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
14857000 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
14144000 usd
CY2023Q1 us-gaap Other Receivables
OtherReceivables
67902000 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
66403000 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
54309000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
45116000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
491872000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
460696000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
523997000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
512595000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
512595000 usd
CY2023Q1 rily Acquisition Of Other Business
AcquisitionOfOtherBusiness
9701000 usd
CY2023Q1 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
1701000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
523997000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
320623000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
114839000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
205784000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
320142000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
106320000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
213822000 usd
CY2023Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2023Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2023Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
480899000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
114839000 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
366060000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
480418000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
106320000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
374098000 usd
CY2023Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
10473000 usd
CY2022Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
6816000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
23998000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
26786000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22198000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
18897000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
26132000 usd
CY2023Q1 rily Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
87773000 usd
CY2023Q1 rily Senior Notes Outstanding Total
SeniorNotesOutstandingTotal
1722977000 usd
CY2023Q1 rily Unamortized Debt Issuance Expenses
UnamortizedDebtIssuanceExpenses
16914000 usd
CY2022 rily Senior Notes Outstanding Total
SeniorNotesOutstandingTotal
1721751000 usd
CY2022 rily Unamortized Debt Issuance Expenses
UnamortizedDebtIssuanceExpenses
18140000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
60141000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
86798000 usd
CY2023Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
18360000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
33923000 usd
CY2023Q1 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
12100000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
14760000 usd
CY2023Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
19617000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
23426000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
28884000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
31046000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
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CY2022Q4 us-gaap Other Liabilities
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CY2023Q1 rily Interest Income Loan And Securities Lending
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CY2023Q1 us-gaap Other Income
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CY2023Q1 us-gaap Revenues
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CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Dividends Preferred Stock Stock
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CY2023Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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CY2022Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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CY2023Q1 us-gaap Payments For Underwriting Expense
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CY2022Q1 us-gaap Payments For Underwriting Expense
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CY2023Q1 us-gaap Number Of Reportable Segments
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CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
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CY2022Q1 us-gaap Investment Income Interest
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CY2023Q1 us-gaap Investment Income Dividend
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CY2022Q1 us-gaap Investment Income Dividend
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CY2022Q1 rily Change In Fair Value Of Financial Instruments And Other
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CY2023Q1 us-gaap Income Loss From Equity Method Investments
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CY2022Q1 us-gaap Income Loss From Equity Method Investments
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CY2023Q1 us-gaap Interest Expense Debt
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CY2022Q1 us-gaap Interest Expense Debt
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CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q1 us-gaap Income Tax Expense Benefit
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CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q1 us-gaap Profit Loss
ProfitLoss
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CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Dividends Preferred Stock
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CY2023Q1 rily Services And Fees Revenue
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CY2022Q1 rily Services And Fees Revenue
ServicesAndFeesRevenue
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CY2023Q1 rily Sale Of Goods
SaleOfGoods
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CY2023Q1 us-gaap Revenues
Revenues
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CY2022Q1 us-gaap Revenues
Revenues
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CY2023Q1 us-gaap Noncurrent Assets
NoncurrentAssets
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CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
27141000 usd

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