Bgc partners, inc. (BGCP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income (loss)

21,032

-26,556

2,560

21,765

87,174

-29,859

162,304

49,990

97,431

-157,666

110,548

77,731

51,116

66,363

154,269

18,656

14,550

222,331

54,585

15,017

26,224

-47,359

11,129

11,315

10,502

1,625

31,988

129,540

10,602

18,434

989

4,380

11,710

6,917

-3,144

17,449

17,138

Less: Consolidated net income from discontinued operations, net of tax

-

-

-

-

-

11,041

122,738

17,631

24,759

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile consolidated net income (loss) to net cash provided by (used in) operating activities:
Fixed asset depreciation and intangible asset amortization

21,923

20,756

20,176

20,070

18,464

19,551

17,995

16,268

17,681

4,243

20,123

21,575

19,503

4,429

19,092

19,241

19,788

21,661

22,145

23,684

16,599

13,353

11,163

10,789

10,819

11,633

10,666

12,284

12,569

12,731

13,502

12,237

12,515

13,078

12,111

11,948

12,144

Amortization of mortgage servicing rights, net

-

-

-

-

-

-

-

-

-

-

19,840

19,224

13,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee loan amortization and reserves on employee loans

14,551

12,364

9,262

7,450

6,574

10,006

-2,519

3,959

1,569

-16,297

26,033

9,531

7,663

-17,249

24,914

10,624

10,465

56,347

11,100

11,695

8,066

4,291

7,133

7,194

7,090

7,069

168,245

10,223

9,459

11,509

9,716

7,418

6,953

7,886

7,686

7,288

8,925

Equity-based compensation and allocations of net income to limited partnership units and FPUs

42,204

69,389

40,330

43,752

12,141

85,178

34,901

45,583

39,408

48,106

56,575

57,844

70,716

5,034

66,649

46,741

36,633

149,857

55,571

30,132

43,124

34,860

55,216

25,735

34,314

33,590

12,245

365,608

22,555

55,020

27,484

32,815

29,128

45,406

56,151

27,163

14,816

Deferred compensation expense

187

4,686

552

648

-7

2,113

1,474

981

1,311

721

1,057

2,431

3,777

1,656

4,538

3,838

5,942

5,574

6,255

8,193

3,167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on originated mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

29,549

40,459

28,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized losses (gains) on loans held for sale

-

-

-

-

-

-

-

-

-

-

-2,027

432

2,102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations - loans held for sale

-

-

-

-

-

-

-

-

-

-

1,503,021

3,969,416

1,842,357

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan sales - loans held for sale

-

-

-

-

-

-

-

-

-

-

1,774,512

3,812,659

2,139,634

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allocations of net income to limited partnership units and founding/working partner units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

1,909

5,980

-

0

9,237

9,200

Losses (gains) on equity method investments

1,000

1,000

1,600

700

800

2,400

1,400

976

2,624

614

2,147

1,602

237

996

796

863

888

-81

1,042

833

803

-1,766

-2,640

-1,288

-2,275

-2,291

-2,705

-1,224

-3,288

-3,672

-2,995

-2,652

-2,456

-1,870

-1,675

-1,399

-1,661

Sublease provision adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

258

274

275

-3,404

461

462

462

463

-269

1,230

-1,455

-

-

-

-

-

-

-

-

-

-

-

-

Realized losses (gains) on marketable securities

289

0

0

1,041

2,487

618

1,661

7,451

2,101

-1,162

0

0

1,222

1,770

2,186

107

9,499

4,237

2,717

0

29,040

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of discount on convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,203

1,188

1,200

1,265

1,174

1,511

1,207

1,107

1,099

1,090

1,082

-

-

-

-

Unrealized losses (gains) on marketable securities

-

1,007

429

1,789

-21

-1,384

-5,207

-2,875

7,150

898

12,795

5,518

4,725

-614

3,910

7,338

-10,275

21,817

4,449

-2,097

2,934

6,033

3,771

1,667

-2,838

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gains) on other investments

-40

-

-

0

20,395

-

-

-14

20,579

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of discount (premium) on notes payable

1,098

1,007

848

849

519

519

197

-866

-931

2,755

-1,454

-89

-369

-2,556

-451

302

-1,316

2,561

1,469

1,494

1,464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

Impairment of fixed assets, intangible assets and investments

7,253

3,164

354

591

357

-

-

-

-

-3,425

6,861

214

1,424

645

569

1,378

1,791

328

1,121

13,195

4,484

94

376

474

3,249

4,927

410

351

413

171

93

218

773

-

-

-

-

Deferred tax provision (benefit)

786

-1,984

-188

2,265

-1,896

-28,023

2,640

86

2,662

17,595

-712

-1,612

4,587

25,811

-50,244

-4,907

-2,764

52,497

5,358

-3,850

6,010

-23,217

-4,084

564

552

-10,523

-2,422

-62,390

-6,654

-

-

-

-

2,584

-2,880

2,948

-689

Change in estimated acquisition earn-out payables

-1,141

9,993

-949

-1,940

-1,482

4,479

-713

-40

-841

-943

9,716

-2,728

-1,042

16,955

-15,074

-751

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-1

376

-315

-617

62

-62

23

-414

-

-

-

215

-

-

-

-

1,824

0

-171

-145

123

1,929

-2,051

225

27

-1,609

1,285

393

Consolidated net income (loss), adjusted for non-cash and non-operating items

-106,621

-82,677

-70,112

-92,616

-98,200

-51,424

-78,959

-92,831

-101,077

564,857

-400,573

21,186

-430,880

44,220

-417,720

86,464

84,291

-491,977

-93,994

-250,736

76,114

-27,190

39,183

55,650

74,294

46,351

205,037

-104,466

53,294

-

-

-

-

-

-

-

-

Decrease (increase) in operating assets:
Cash segregated under regulatory requirements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,271

10,743

2,545

-1,774

-3,127

6,093

-9,961

2,179

-5,856

248

6,886

125

1,992

3,551

-373

-2,894

203

2,711

404

-368

-274

498

714

Reverse repurchase agreements

-

-

-

-

-

-

-

-

-

0

0

0

-54,659

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities owned

131

-2,873

-1,687

1,939

1,738

-17,503

18,497

-31,943

56,350

886

-1,622

-345

-1,269

-176,699

-106,524

285,813

406

-2,142

2,036

703

-4,845

-4,420

1,149

-762

3,422

967

75

15

156

-298

-5,553

262

21,776

-223

4,423

1,701

-206

Securities borrowed

-

-

-

-

-

-

-

-

309

-

-

-

-

-

-

-

-

0

-237

237

-62,736

-

-

-

2,735

-

-

-

-

-

-

-

17,362

-

-

-

51,452

Receivables from broker-dealers, clearing organizations, customers and related broker-dealers

1,753,696

-2,918,694

1,195,844

267,903

1,065,889

-1,736,890

997,855

294,916

650,170

-1,550,346

642,159

-20,749

1,168,166

-1,273,211

-257,020

317,687

890,297

-387,755

75,248

-1,337,924

1,108,825

-359,415

189,639

-571,519

1,033,649

-842,188

-240,175

238,819

895,254

-465,738

215,333

343,515

11,131

-327,366

-1,463

6,268

39,620

Receivables from broker-dealers, clearing organizations, customers and related broker-dealers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-413,452

-

89,183

-269,958

-94,602

Accrued commissions receivable, net

59,682

27,533

-67,957

6,567

46,275

9,531

14,523

-861

85,658

-63,521

20,993

55,839

22,306

-9,098

-5,822

865

24,589

-2,321

-23,252

13,401

-15,378

-9,996

-1,327

-7,118

11,176

-2,332

3,825

24,061

23,988

-

-

-

-

-

-

-

-

Loans, forgivable loans and other receivables from employees and partners, net

34,183

42,980

17,221

30,848

28,420

28,731

33,899

23,186

18,450

-17,703

34,845

30,225

17,479

-116,494

30,890

31,440

80,079

45,067

6,127

44,258

5,757

-8,331

-4,143

24,394

1,696

16,528

10,049

20,455

2,446

11,225

10,311

28,982

12,797

17,349

11,872

18,950

21,867

Notes receivable, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

442

-

-

-

-

Receivables from related parties

-9,004

4,306

2,889

-3,862

882

-367,996

112,394

69,300

148,796

-131,758

-533

774

3,325

23,403

-5,933

-6,341

5,138

-7,591

2,093

3,722

-2,063

8,920

-3,042

3,405

-6,882

13,359

-10,354

4,695

-2,338

14,825

-158

-727

786

-2,932

2,930

1,548

901

Other assets

-7,698

-18,942

108

2,619

12,431

9,321

388

3,100

18,115

-19,775

-900

12,064

6,422

2,835

-24,142

3,530

12,412

-1,028

-20,930

-7,743

3,710

11,580

-7,784

-9,193

30,416

55,849

-2,231

12,670

7,134

-6,541

1,537

1,392

5,658

-8,061

19,527

-3,790

2,737

Reverse repurchase agreements with related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-49,999

Increase (decrease) in operating liabilities:
Repurchase agreements

512

-1,895

795

-3,227

3,341

-

-2,910

2,123

985

-

-

-

4,869

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities loaned

-10,929

902

710

-12,778

9,928

-42,598

-10,639

-15,566

-60,777

9,650

39,743

8,034

87,293

0

0

-77

-117,890

63,159

6,939

-9,604

57,396

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities sold, not yet purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,822

-19

31

0

-1,557

-4,984

1,301

1,817

-165

-

-

-

-

-

-

-

-

-

-

-

61

Accrued compensation

22,413

1,452

3,471

12,634

-21,688

-19,883

-30,781

1,650

-3,939

-54,752

-8,561

26,232

-54,946

-17,444

-20,059

14,239

-26,896

821

-30,548

20,776

-91,735

20,547

-8,449

-2,503

7,797

9,214

-4,077

16,392

9,334

-23,841

-5,369

1,497

-9,424

-66,498

2,020

-18,912

418

Payables to broker-dealers, clearing organizations, customers and related broker-dealers

1,760,191

-2,882,968

1,192,134

302,387

1,035,134

-1,723,243

990,729

294,102

603,929

-1,505,632

623,271

-29,879

1,138,003

-1,241,086

-241,355

255,753

886,130

-367,147

97,524

-1,341,263

1,032,280

-297,687

201,408

-592,707

1,031,984

-885,944

-235,256

311,895

858,278

-431,833

193,267

-42,793

390,955

-546,192

-92,877

97,433

248,496

Payables to related parties

-59,153

-12,705

24,776

22,294

-2,023

6,056

-11,881

20,922

-15,930

17,006

-16,046

20,328

-10,775

13,434

-5,066

-19,148

23,223

-10,981

-5,858

10,589

5,166

10,122

-11,652

-642

4,335

-16,349

-9,371

-11,148

12,006

-3,145

-170

11,503

12,812

11,289

692

3,512

-6,088

Accounts payable, accrued and other liabilities

-60,259

52,329

-70,286

11,152

-28,035

62,816

3,208

-8,055

5,245

-78,492

6,703

91,736

-9,263

-111,629

91,255

25,742

-35,737

33,270

9,123

398

-117,699

81,647

5,318

4,199

-35,083

80,372

-129,240

193,163

872

25,492

-4,106

-4,869

6,854

-4,795

9,529

-36,935

16,763

Net cash provided by (used in) operating activities

-71,594

105,482

75,294

119,064

-60,778

410,166

-160,871

30,618

-347,258

-396,157

352,038

12,588

424,291

342,332

34,152

-282,586

-200,523

559,365

133,247

56,657

-63,344

86,008

51,667

29,094

64

63,807

42,535

52,507

7,517

75,545

12,079

95,365

-11,789

48,052

41,424

-65,052

60,920

CASH FLOWS FROM INVESTING ACTIVITIES:
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of fixed assets

6,631

10,047

11,779

12,716

12,123

4,771

5,940

5,752

8,065

-3,959

7,427

11,594

9,977

-19,830

14,919

10,752

11,975

12,184

12,606

8,711

5,499

4,024

4,839

1,889

3,315

9,524

4,668

2,155

6,641

7,342

9,885

11,882

7,650

8,618

3,445

7,490

7,637

Capitalization of software development costs

12,931

18,849

11,579

12,159

6,259

15,673

15,200

8,103

10,837

5,385

13,500

9,637

4,704

905

7,328

7,514

2,753

6,026

5,522

3,852

3,096

2,940

2,457

4,737

2,534

3,467

3,805

3,819

3,909

5,146

2,185

2,683

4,018

27,463

-4,586

-3,602

-3,335

Purchase of equity method investments

245

612

368

367

368

326

231

245

123

5,201

100,735

367

521

-

-

-

328

287

294

463

224

-6,179

129

6,829

113

577

374

390

407

296

377

426

16,402

421

444

350

534

Proceeds from equity method investments

-

-

-

-

-

0

4,340

892

1,814

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for acquisitions, net of cash and restricted cash acquired

7,938

-1,997

1

0

-26,265

-

-

-

-

-35,967

36,704

2

-14,436

32,553

6,061

900

112,251

2,280

15,274

37,515

118,003

91,717

25,307

8,222

4,733

424

108

0

214

5,734

0

24,179

1,500

-

-

-

-

Sale of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

906

-

-

-

-

Purchase of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

22,000

-

-

-

-

Purchase of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

5,055

10,850

52,491

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of marketable securities

11,362

0

0

20,047

4,553

25,900

6,700

23,034

72,366

30,407

20

0

7,829

17,556

51,771

55,158

511,161

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of assets

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-18,383

-27,511

-21,143

-4,016

12,068

-43,382

-10,361

7,824

55,155

60,371

-28,393

-151,481

6,939

4,681

25,607

24,176

331,182

114,871

-31,776

-58,346

-125,392

-53,067

-94,717

-29,493

-10,818

-16,376

-186,232

740,912

-11,551

35,478

-13,393

-39,142

-50,926

-61,025

-8,205

-11,643

-11,773

CASH FLOWS FROM FINANCING ACTIVITIES:
Disposal of assets and liabilities held for sale, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7,615

-1,982

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalization of trademarks, patent defense and registration costs

-

-

-

-

-

-

-

-

-

-624

47

124

124

53

57

182

181

101

2

190

552

413

20

21

123

194

1,580

-399

-380

1,763

-946

28

-262

-544

-52

-201

-267

Repayments of long-term debt and collateralized borrowings

3,402

3,404

303,380

21,863

3,731

128,698

313,666

3,633

3,601

3,569

3,537

1,770

1,753

161,669

1,721

1,705

1,695

-

-

-

-

0

0

-2

1,601

15,899

1,989

24,208

6,150

5,462

7,212

6,718

5,386

-

-

-

-

Issuance of long-term debt and collateralized borrowings, net of deferred issuance costs

227,837

39,586

345,809

75,004

249,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from notes payable and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

-32

27,918

-

-

-

-

-

-

-

-

9,038

429

10,782

10,734

-

-

-

-

Notes payable and collateralized borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,221

930

-3,698

Proceeds from warehouse notes payable

-

-

-

-

-

-

-

-

-

-

1,462,903

4,009,533

1,842,357

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on warehouse notes payable

-

-

-

-

-

-

-

-

-

-

1,737,080

3,295,987

1,879,963

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances from related parties

-

-

-

-

-

-

-

-

-

-

50,000

0

241,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments to related parties

-

-

-

-

-

-

-

-

-

-

50,000

448,000

483,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings distributions to limited partnership interests and other noncontrolling interests

29,578

39,189

20,356

26,940

27,188

46,206

46,068

20,436

51,225

36,706

21,233

32,146

36,158

8,801

19,475

23,563

17,591

22,451

12,159

21,384

17,771

19,567

12,513

14,558

12,151

17,840

48,367

12,420

19,718

-

-

-

-

-

-

-

-

Redemption and repurchase of limited partnership interests

16,575

20,534

9,131

8,404

5,201

40,511

4,585

2,351

4,496

11,480

9,957

9,973

14,183

24,328

6,768

10,635

10,261

9,105

10,782

7,089

7,311

29,040

33,391

10,892

8,008

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of limited partnership units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88,672

887

2,609

-583

819

19,438

-6,183

3,654

-1,345

-158

-310

Earnings distributions to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,841

-

19,167

21,133

22,150

Dividends to stockholders

49,633

61,403

42,036

41,569

47,434

59,417

67,026

49,427

55,576

52,022

51,584

51,386

45,124

44,477

44,408

43,930

37,980

35,273

35,092

34,486

26,509

26,334

26,300

26,122

26,376

25,839

25,709

20,235

19,612

18,306

24,899

23,800

23,585

22,045

21,063

20,365

13,771

Repurchase of Class A common stock

-

0

0

0

1,236

-

-

-

-

2,216

3,967

4,470

6,120

23,325

2,970

7,051

62,679

5,328

900

43

5,843

24,260

28,323

28,550

19,135

-

-

-

-

0

0

0

337

266

0

71

55

Cancellation of restricted stock units in satisfaction of withholding tax requirements

-

-

-

-

-

-

-

-

-

813

0

0

52

0

1,512

0

30

-

-

-

-

-

-

-

-

-

-

-

-

29

277

563

1,411

-

-

-

-

Proceeds from issuance of Class A common stock, net of costs

-

-

-

-

-

0

3,447

77,473

246,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-106

-1,793

3,239

1,798

-1,070

267

11,672

1,408

634

3,229

10,361

Loan from related parties, net of repayments

-

-

-

-

-

-

-50,000

-50,000

180,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax impact on delivery of equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76

521

445

2,315

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

352

0

275

-

-

-

-

-

-

-

-

-

-

-

-

306

311

61

8,134

Proceeds from short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

30,000

60,000

-

-

-

-

Repayments of short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175,000

-25,000

10,000

10,000

-

-

-

-

-

-

-

-

0

0

90,000

13,600

-

-

-

-

Payments on acquisition earn-outs

3,928

258

354

1,631

5,903

0

0

3,621

4,303

-

1,702

356

10,153

-4,876

1,299

3,312

1,540

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

124,721

-85,202

-29,448

-25,861

158,757

-355,510

91,248

7,647

307,503

289,524

-329,530

195,352

-393,149

-269,496

-87,541

230,758

-131,776

-574,619

-35,240

-75,165

-39,241

207,901

-101,300

-80,658

-67,271

-88,396

-169,426

-60,671

-44,850

-36,674

-54,029

3,632

2,063

-48,338

114,557

-38,424

-19,174

Net cash provided by (used in) operating activities from discontinued operations

-

-

-

-

-

-467,688

-403,027

607,961

-485,477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities from discontinued operations

-

-

-

-

-

30,589

-29,630

-23,434

40,822

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities from discontinued operations

-

-

-

-

-

457,250

454,057

-572,697

29,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on Cash and cash equivalents and Cash segregated under regulatory requirements

-13,496

5,865

-3,342

-1,184

1,291

-3,007

184

-11,885

3,870

-442

-3,833

5,559

2,127

-2,836

85

410

2,459

-225

-5,854

2,980

-5,641

-2,274

-2,774

231

124

-65

730

-820

-1,111

753

893

-2,624

1,465

-1,292

-1,699

819

6,462

Net increase (decrease) in Cash and cash equivalents and Cash segregated under regulatory requirements

21,248

-1,366

21,361

88,003

111,338

28,418

-58,400

46,034

-396,064

110,847

-9,718

62,018

40,208

32,063

-27,697

-27,242

1,342

76,164

60,377

-61,636

-222,628

238,568

-147,124

-80,826

-77,901

-41,030

-312,393

731,928

-49,995

75,102

-54,450

57,231

-59,187

-62,603

146,077

-114,300

36,435

Cash and cash equivalents classified as assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

12,238

10,990

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental cash information:
Cash paid during the period for taxes

17,461

19,180

15,708

7,387

5,722

29,006

13,382

11,704

12,448

46,164

11,354

14,958

5,824

39,219

19,452

6,164

29,647

24,354

4,064

5,512

9,862

28,289

8,048

1,860

49,731

4,553

138,337

1,645

7,570

10,206

6,867

3,390

-171

-4,309

4,297

6,888

9,806

Cash paid during the period for interest

15,394

9,946

16,070

11,925

13,835

9,810

12,350

8,379

11,412

6,974

22,864

29,488

15,979

9,454

26,147

10,719

17,280

22,163

20,296

18,967

6,693

9,409

6,516

9,520

6,654

9,695

13,521

2,947

7,012

8,001

6,606

5,221

7,359

8,152

1,574

9,680

1,114

Supplemental non-cash information:
Issuance of Class A common stock upon exchange of limited partnership interests

3,264

2,732

5,327

8,351

9,736

15,910

27,421

59,147

40,754

32,685

17,570

20,851

35,592

21,669

25,319

20,583

7,852

26,788

19,523

15,052

17,946

23,035

29,254

12,800

22,123

19,829

4,305

18,027

23,747

20,748

32,296

14,764

22,391

29,122

37,533

8,861

3,599

Issuance of Class A and contingent Class A common stock and limited partnership interests for acquisitions

1,399

2

936

228

1,874

2,167

12,598

3,107

4,027

0

10,007

-410

4,635

15,073

4,011

1,195

651

4,573

2,799

17,544

14,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets and liabilities

7,654

-

-

-

190,219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Donations with respect to Charity Day

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,955

0

0

7,446

-

-

-

-

Issuance of Class A common stock upon purchase of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,055

-

-

-

-