ACQUISITIONS (Details) - USD ($) |
Dec. 31, 2020 |
Dec. 29, 2020 |
Dec. 25, 2020 |
Mar. 31, 2020 |
Feb. 07, 2020 |
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Assets: | |||||
Cash and cash equivalents | $ 624,572,000 | $ 206,000 | $ 129,185,000 | $ 63,208,000 | $ 26,760,000 |
Brokerage and other receivables | 59,082,000 | 849,000 | 2,601,000 | 113,687,000 | 376,000 |
Fixed assets | 17,989,000 | 10,987,000 | 6,384,000 | 8,000 | |
Intangible assets | 10,356,000 | 532,000 | 2,769,000 | 3,422,000 | 3,733,000 |
Restricted cash | 368,344,000 | 66,597,000 | 1,231,000 | ||
Other assets | 15,749,000 | 9,000 | 2,360,000 | 9,062,000 | 94,000 |
Trading securities | 345,313,000 | 50,684,000 | 156,544,000 | 2,828,000 | |
Total assets | 1,596,000 | 199,947,000 | 35,484,000 | ||
Liabilities: | |||||
Trade payables | 19,201,000 | 104,000 | 8,398,000 | 104,000 | |
Other liabilities | 6,083,000 | 610,000 | 827,000 | 2,831,000 | 419,000 |
Total liability | 1,248,096,000 | 610,000 | 148,778,000 | 324,486,000 | 28,419,000 |
Net Assets Acquired | 986,000 | 51,169,000 | 7,065,000 | ||
Goodwill | 6,202,000 | 1,514,000 | 1,928,000 | 2,607,000 | 45,000 |
Total purchase price | $ 2,500,000 | 53,097,000 | |||
Right-of-use asset | 14,391,000 | 338,000 | 14,543,000 | 454,000 | |
Loans issued | 1,023,000 | ||||
Customer liabilities | 967,256,000 | 117,195,000 | 168,432,000 | 25,799,000 | |
Securities repurchase agreement obligation | 144,402,000 | 28,500,000 | 48,204,000 | 1,600,000 | |
Current income tax liability | 3,936,000 | 415,000 | 1,407,000 | ||
Lease liabilities | 497,000 | ||||
Lease liability | 14,195,000 | 338,000 | 14,384,000 | ||
Deferred income tax liabilities | $ 3,680,000 | 1,399,000 | $ 0 | ||
Total purchase price | 53,097,000 | $ 7,110,000 | |||
Consideration paid for common shares | 40,984,000 | ||||
Consideration paid for preferred shares | 2,478,000 | ||||
Additional consideration which is part of business combination | $ 9,635,000 |
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- Definition Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of net assets (liabilities). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The current portion of money or property received from customers which is either to be returned upon satisfactory contract completion or applied to customer receivables in accordance with the terms of the contract or the understandings. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Present value of lessee's discounted obligation for lease payments from finance lease, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of lessee's right to use underlying asset under finance lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current portion of nonphysical assets, excluding financial assets, if these assets are classified into the current and noncurrent portions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liability for lease payments received, including variable lease payments, when collectability is not probable at commencement date for sales-type lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses incurred but not yet paid classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after allowance, of receivables classified as other, due within one year or the operating cycle, if longer. No definition available.
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Minimum amount of purchase arrangement in which the entity has agreed to expend funds to procure goods or services from a supplier. No definition available.
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- Definition Amount of cash restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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