Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS (Details)

v3.21.1
ACQUISITIONS (Details) - USD ($)
Mar. 31, 2021
Dec. 29, 2020
Dec. 25, 2020
Mar. 31, 2020
Feb. 07, 2020
Assets:          
Cash and cash equivalents $ 698,828,000     $ 63,208,000  
Restricted cash 437,958,000     66,597,000  
Trading securities 736,188,000     156,544,000  
Fixed assets 18,385,000     6,384,000  
Intangible assets 9,785,000     3,422,000  
Right-of-use asset 13,262,000     14,543,000  
Brokerage and other receivables 64,801,000     113,687,000  
Other assets 19,902,000     9,062,000  
Loans issued     $ 1,023,000    
Liabilities:          
Customer liabilities 1,163,697,000     168,432,000  
Current income tax liability 14,843,000     1,407,000  
Securities repurchase agreement obligation 426,715,000     48,204,000  
Trade payables and other liabilities 22,304,000     8,398,000  
Lease liability 13,249,000     14,384,000  
Deferred income tax liabilities 4,385,000     0  
Other liabilities 8,839,000     2,831,000  
Total liability 1,742,974,000     324,486,000  
Goodwill $ 7,868,000     $ 2,607,000  
Acquisition-related Costs [Member]          
Assets:          
Cash and cash equivalents   $ 206,000 129,185,000   $ 26,760,000
Restricted cash         1,231,000
Trading securities     50,684,000   2,828,000
Fixed assets     10,987,000   8,000
Intangible assets   532,000 2,769,000   3,733,000
Right-of-use asset     338,000   454,000
Brokerage and other receivables   849,000 2,601,000   376,000
Other assets   9,000 2,360,000   94,000
Loans issued     1,023,000    
Total assets   1,596,000 199,947,000   35,484,000
Liabilities:          
Customer liabilities     117,195,000   25,799,000
Current income tax liability     1,234,000    
Securities repurchase agreement obligation     28,500,000   1,600,000
Lease liabilities         497,000
Trade payables and other liabilities     104,000   104,000
Lease liability     338,000    
Deferred income tax liabilities   112,000 1,399,000   765,000
Other liabilities   610,000 831,000   419,000
Total liability   722,000 149,601,000   29,184,000
Net Assets Acquired   874,000 50,346,000   6,300,000
Goodwill   1,626,000 2,751,000   810,000
Total purchase price   $ 2,500,000 53,097,000   $ 7,110,000
Consideration paid for common shares     40,984,000    
Consideration paid for preferred shares     2,478,000    
Consideration paid for subordinated loans     $ 9,635,000