Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
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| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: | | | | | | | | |
| Total revenues | 1,469.3 | 1,391.1 | 1,268.2 | 1,107.0 | 1,152.1 | 921.3 | 793.1 | 650.1 |
| Total revenues growth | 5.6% | 9.7% | 14.6% | -3.9% | 25.1% | 16.2% | 22.0% | 137.6% |
| Expenses: | | | | | | | | |
| Commissions and fees | 1,025.6 | 976.6 | 928.4 | 818.0 | 857.8 | 662.2 | 573.6 | 477.1 |
| Compensation and benefits | 210.8 | 194.0 | 171.3 | 152.6 | 149.8 | 120.2 | 95.3 | 80.2 |
| Non-cash compensation | 6.1 | 5.9 | 5.5 | 5.3 | 8.8 | 10.5 | 6.8 | 4.7 |
| Brokerage, communication and clearance fees | 14.1 | 16.1 | 18.1 | 15.7 | 20.7 | 17.9 | 11.6 | 9.9 |
| Rent and occupancy, net of sublease revenue | 10.6 | 10.0 | 9.4 | 9.7 | 9.8 | 7.0 | 6.3 | 6.6 |
| Professional services | 19.4 | 21.9 | 19.6 | 14.1 | 14.2 | 11.0 | 9.2 | 8.3 |
| Interest | -23.1 | -10.8 | -2.7 | -4.3 | -5.2 | -7.0 | -15.4 | -24.5 |
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| Amortization of retention and forgivable loans | | | | | | | | |
| Amortization of contract acquisition costs | | | | | | | | |
| Other | 88.5 | 73.3 | 72.2 | 64.2 | 60.1 | | | |
| Total expenses | 1,438.6 | 1,343.7 | 1,267.0 | 1,119.0 | 1,163.9 | 911.3 | 790.6 | 672.1 |
| Income before item shown below | 30.7 | 47.4 | 1.2 | -12.1 | -11.8 | 10.0 | 2.5 | -22.0 |
| Operating margin | 2.1% | 3.4% | 0.1% | -1.1% | -1.0% | 1.1% | 0.3% | -3.4% |
| Change in fair value of contingent consideration | -0.7 | -0.2 | 0.0 | -0.2 | 0.1 | 0.0 | -0.1 | 7.1 |
| Income before income taxes | 30.0 | 47.2 | 1.2 | -12.3 | -11.7 | 10.0 | 2.4 | -14.9 |
| Income tax expense (benefit) | 7.3 | 13.4 | -6.5 | 10.0 | -0.5 | -23.3 | 2.9 | 1.5 |
| Tax rate | 24.3% | 28.4% | | | 4.1% | | 121.7% | |
| Net income | 22.7 | 33.8 | 7.7 | -22.3 | -11.2 | 33.4 | -0.5 | -16.4 |
| Net income (loss) attributable to noncontrolling interest | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | -0.1 | -0.1 | |
| Net income attributable to the Company | 22.8 | 33.8 | 7.7 | -22.3 | -11.2 | 33.4 | -0.5 | -16.4 |
| Dividends declared on preferred stock | -34.7 | -34.0 | -32.5 | -30.4 | -28.1 | -17.2 | -6.9 | |
| Net loss available to common shareholders | -11.9 | -0.3 | -24.8 | -52.7 | -39.3 | 16.2 | -7.4 | -16.4 |
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| Net loss per share available to common shareholders (basic) (in USD per share) | ($0.08) | | ($0.13) | ($0.29) | ($0.21) | $0.09 | ($0.04) | ($0.09) |
| Net loss per share available to common shareholders (diluted) (in USD per share) | ($0.08) | | ($0.13) | ($0.29) | ($0.21) | $0.08 | ($0.04) | ($0.09) |
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| Weighted average common shares used in computation of per share data: | | | | | | | | |
| Basic (in shares) | 143.4 | 194.6 | 193.1 | 183.0 | 183.7 | 182.8 | 182.3 | 183.6 |
| Diluted (in shares) | 143.4 | 194.6 | 193.1 | 183.0 | 183.7 | 206.5 | 182.3 | 183.6 |
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