Rendering

Component: (Network and Table)
Network
32603 - Disclosure - Segment and Geographic Information (Tables)
(http://ifmi.com/role/DisclosureSegmentAndGeographicInformationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001270436 (http://www.sec.gov/CIK)
Segment and Geographic Information [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Segment and Geographic Information [Abstract]
 
Schedule Of Segment Reporting Information



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEGMENT INFORMATION

Statement of Operations Information

For the Year Ended December 31, 2016

(Dollars in Thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Capital

 

Asset

 

Principal

 

Segment

 

Unallocated

 

 

 



 

Markets

 

Management

 

Investing

 

Total

 

(1)

 

Total

Net trading

 

$

 39,105 

 

$

 -

 

$

 -

 

$

 39,105 

 

$

 -

 

$

 39,105 

Asset management

 

 

 -

 

 

 8,594 

 

 

 -

 

 

 8,594 

 

 

 -

 

 

 8,594 

New issue and advisory

 

 

 2,982 

 

 

 -

 

 

 -

 

 

 2,982 

 

 

 -

 

 

 2,982 

Principal transactions and other income

 

 

 121 

 

 

 2,925 

 

 

 1,621 

 

 

 4,667 

 

 

 -

 

 

 4,667 

     Total revenues

 

 

 42,208 

 

 

 11,519 

 

 

 1,621 

 

 

 55,348 

 

 

 -

 

 

 55,348 

     Total operating expenses

 

 

 34,481 

 

 

 3,386 

 

 

 480 

 

 

 38,347 

 

 

 8,415 

 

 

 46,762 

     Operating income / (loss)

 

 

 7,727 

 

 

 8,133 

 

 

 1,141 

 

 

 17,001 

 

 

 (8,415)

 

 

 8,586 

Income / (loss) from equity method affiliates

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Other non-operating income / (expense)

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 (4,735)

 

 

 (4,735)

     Income / (loss) before income taxes

 

 

 7,727 

 

 

 8,133 

 

 

 1,141 

 

 

 17,001 

 

 

 (13,150)

 

 

 3,851 

Income tax expense / (benefit)

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 422 

 

 

 422 

Net income / (loss)

 

 

 7,727 

 

 

 8,133 

 

 

 1,141 

 

 

 17,001 

 

 

 (13,572)

 

 

 3,429 

Less: Net income / (loss) attributable to the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  non-controlling interest

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 1,162 

 

 

 1,162 

     Net income / (loss) attributable to IFMI

 

$

 7,727 

 

$

 8,133 

 

$

 1,141 

 

$

 17,001 

 

$

 (14,734)

 

$

 2,267 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other statement of operations data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization (included in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  total operating expense)

 

$

 110 

 

$

 2 

 

$

 -

 

$

 112 

 

$

 179 

 

$

 291 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEGMENT INFORMATION

Statement of Operations Information

For the Year Ended December 31, 2015

(Dollars in Thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Capital

 

Asset

 

Principal

 

Segment

 

Unallocated

 

 

 



 

Markets

 

Management

 

Investing

 

Total

 

(1)

 

Total

Net trading

 

$

 31,026 

 

$

 -

 

$

 -

 

$

 31,026 

 

$

 -

 

$

 31,026 

Asset management

 

 

 -

 

 

 9,682 

 

 

 -

 

 

 9,682 

 

 

 -

 

 

 9,682 

New issue and advisory

 

 

 5,370 

 

 

 -

 

 

 -

 

 

 5,370 

 

 

 -

 

 

 5,370 

Principal transactions and other income

 

 

 (1,759)

 

 

 3,568 

 

 

 (1,731)

 

 

 78 

 

 

 -

 

 

 78 

     Total revenues

 

 

 34,637 

 

 

 13,250 

 

 

 (1,731)

 

 

 46,156 

 

 

 -

 

 

 46,156 

     Total operating expenses

 

 

 32,276 

 

 

 4,523 

 

 

 503 

 

 

 37,302 

 

 

 10,515 

 

 

 47,817 

     Operating income / (loss)

 

 

 2,361 

 

 

 8,727 

 

 

 (2,234)

 

 

 8,854 

 

 

 (10,515)

 

 

 (1,661)

Income / (loss) from equity method affiliates

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Other non-operating income / (expense)

 

 

 (29)

 

 

 -

 

 

 -

 

 

 (29)

 

 

 (3,893)

 

 

 (3,922)

     Income / (loss) before income taxes

 

 

 2,332 

 

 

 8,727 

 

 

 (2,234)

 

 

 8,825 

 

 

 (14,408)

 

 

 (5,583)

Income tax expense / (benefit)

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 85 

 

 

 85 

Net income / (loss)

 

 

 2,332 

 

 

 8,727 

 

 

 (2,234)

 

 

 8,825 

 

 

 (14,493)

 

 

 (5,668)

Less: Net income / (loss) attributable to the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  non-controlling interest

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 (1,589)

 

 

 (1,589)

     Net income / (loss) attributable to IFMI

 

$

 2,332 

 

$

 8,727 

 

$

 (2,234)

 

$

 8,825 

 

$

 (12,904)

 

$

 (4,079)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other statement of operations data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization (included in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  total operating expense)

 

$

 468 

 

$

 33 

 

$

 -

 

$

 501 

 

$

 232 

 

$

 733 



 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEGMENT INFORMATION

Statement of Operations Information

For the Year Ended December 31, 2014

(Dollars in Thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Capital

 

Asset

 

Principal

 

Segment

 

Unallocated

 

 

 



 

Markets

 

Management

 

Investing

 

Total

 

(1)

 

Total

Net trading

 

$

 28,056 

 

$

 -

 

$

 -

 

$

 28,056 

 

$

 -

 

$

 28,056 

Asset management

 

 

 -

 

 

 14,496 

 

 

 -

 

 

 14,496 

 

 

 -

 

 

 14,496 

New issue and advisory

 

 

 5,219 

 

 

 -

 

 

 -

 

 

 5,219 

 

 

 -

 

 

 5,219 

Principal transactions and other income

 

 

 397 

 

 

 5,362 

 

 

 2,220 

 

 

 7,979 

 

 

 -

 

 

 7,979 

     Total revenues

 

 

 33,672 

 

 

 19,858 

 

 

 2,220 

 

 

 55,750 

 

 

 -

 

 

 55,750 

     Total operating expenses

 

 

 32,831 

 

 

 10,500 

 

 

 370 

 

 

 43,701 

 

 

 11,761 

 

 

 55,462 

     Operating income / (loss)

 

 

 841 

 

 

 9,358 

 

 

 1,850 

 

 

 12,049 

 

 

 (11,761)

 

 

 288 

Income / (loss) from equity method affiliates

 

 

 -

 

 

 27 

 

 

 -

 

 

 27 

 

 

 -

 

 

 27 

Other non-operating income / (expense)

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 (4,401)

 

 

 (4,401)

     Income / (loss) before income taxes

 

 

 841 

 

 

 9,385 

 

 

 1,850 

 

 

 12,076 

 

 

 (16,162)

 

 

 (4,086)

Income tax expense / (benefit)

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 (414)

 

 

 (414)

Net income / (loss)

 

 

 841 

 

 

 9,385 

 

 

 1,850 

 

 

 12,076 

 

 

 (15,748)

 

 

 (3,672)

Less: Net income / (loss) attributable to the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  non-controlling interest

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 (1,087)

 

 

 (1,087)

     Net income / (loss) attributable to IFMI

 

$

 841 

 

$

 9,385 

 

$

 1,850 

 

$

 12,076 

 

$

 (14,661)

 

$

 (2,585)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other statement of operations data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization (included in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  total operating expense)

 

$

 756 

 

$

 57 

 

$

 -

 

$

 813 

 

$

 290 

 

$

 1,103 



(1)Unallocated includes certain expenses incurred by indirect overhead and support departments (such as the executive, finance, legal, information technology, human resources, and other similar overhead and support departments). Some of the items not allocated include: (1) operating expenses (such as cash compensation and benefits, equity-based compensation expense, professional fees, travel and entertainment, consulting fees, and rent) related to support departments excluding certain departments that directly support the Capital Markets business segment; (2) interest expense on debt; and (3) income taxes. Management does not consider these items necessary for an understanding of the operating results of these business segments and such amounts are excluded in business segment reporting to the chief operating decision maker.

  
Reconciliation Of Assets From Segment To Consolidated



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance Sheet Data

As of December 31, 2016

(Dollars in Thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Capital

 

Asset

 

Principal

 

Segment

 

Unallocated

 

 

 



 

Markets

 

Management

 

Investing

 

Total

 

(1)

 

Total

Total Assets

 

$

 542,364 

 

$

 4,973 

 

$

 8,441 

 

$

 555,778 

 

$

 5,493 

 

$

 561,271 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Included within total assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Goodwill (2)

 

$

 7,937 

 

$

 55 

 

$

 -

 

$

 7,992 

 

$

 -

 

$

 7,992 

  Intangible assets (2)

 

$

 166 

 

$

 -

 

$

 -

 

$

 166 

 

$

 -

 

$

 166 

  





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance Sheet Data

As of December 31, 2015

(Dollars in Thousands)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Capital

 

Asset

 

Principal

 

Segment

 

Unallocated

 

 

 



 

Markets

 

Management

 

Investing

 

Total

 

(1)

 

Total

Total Assets

 

$

 281,813 

 

$

 3,245 

 

$

 15,039 

 

$

 300,097 

 

$

 8,318 

 

$

 308,415 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Included within total assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Goodwill (2)

 

$

 7,937 

 

$

 55 

 

$

 -

 

$

 7,992 

 

$

 -

 

$

 7,992 

  Intangible assets (2)

 

$

 166 

 

$

 -

 

$

 -

 

$

 166 

 

$

 -

 

$

 166 



(1)Unallocated assets primarily include (1) amounts due from related parties; (2) furniture and equipment, net; and (3) other assets that are not considered necessary for an understanding of business segment assets and such amounts are excluded in business segment reporting to the chief operating decision maker.

(2)Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the table from above.

  
Revenue By Geographic Area



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

GEOGRAPHIC DATA

(Dollars in Thousands)



 

 

 

 

 

 

 

 



Year Ended December 31,



2016

 

2015

 

2014

Total Revenues:

 

 

 

 

 

 

 

 

United States

$

 48,997 

 

$

 39,524 

 

$

 44,991 

United Kingdom & Other

 

 6,351 

 

 

 6,632 

 

 

 10,636 

Asia

 

 -

 

 

 -

 

 

 123 

  Total

$

 55,348 

 

$

 46,156 

 

$

 55,750