Last10K.com

Interactive Brokers Group, Inc. (IBKR) SEC Filing 10-Q Quarterly report for the period ending Saturday, June 30, 2018

Interactive Brokers Group, Inc.

CIK: 1937653 Ticker: IBKR





 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the
 
Securities Exchange Act of 1934
 
 
Date of Report (Date of Earliest Event Reported):  July 27, 2018
 
INTERACTIVE BROKERS GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
001-33440
30-0390693
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification Number)
     
One Pickwick Plaza, Greenwich, CT 06830
(Address of Principal Executive Offices) (Zip Code)
 
(203) 618-5800
(Registrant’s Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
  o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

  o Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
 
  o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 

 



Item 2.02. Results of Operations and Financial Condition.
 
On July 25, 2018, Interactive Brokers Group, Inc. (the "Company") identified the need to recognize an additional income tax expense of $584 thousand U.S. dollars for the quarter ended June 30, 2018 related to the dissolution of a foreign subsidiary that occurred during the quarter. As a result, the Company hereby amends the following information previously disclosed on the July 17, 2018 press release reporting its financial results for the second quarter ended June 30, 2018.
 
 
     
Three Months Ended
 
Six Months Ended
     
 June 30, 2018   
 
 June 30, 2018 
     
Reported
 
Revised
 
Reported
 
Revised
      (in millions, except per share data)   
                           
Income tax expense
 
$
              12
 
$
              13
 
$
              33
 
$
              34
                           
Net income
 
$
            259
 
$
            258
 
$
            578
 
$
            577
                           
Net income available for common stockholders
 
$
              42
 
$
              41
 
$
              88
 
$
              87
                           
Earnings per share:
                       
 
Basic
 
$
0.58
 
$
0.57
 
$
1.22
 
$
1.21
 
Diluted
 
$
0.58
 
$
0.57
 
$
1.21
 
$
1.20
                           
Comprehensive income
                       
 
Net income available for common stockholders
 
$
              42
 
$
              41
 
$
              88
 
$
              87
Other comprehensive income
                       
Income taxes related to items of other comprehensive income
 
$
 -
 
$
               (1)
 
$
 -
 
$
               (1)
 
 
The information furnished in this report shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and unless expressly set forth by specific reference in such filings, shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings.
 
 
***
 




 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: July 27, 2018
 
 
INTERACTIVE BROKERS GROUP, INC.
 
       
       
 
By:
/s/ Paul J. Brody  
 
Name:
Paul J. Brody
 
 
Title:
Chief Financial Officer, Treasurer
and Secretary
 



 

The following information was filed by Interactive Brokers Group, Inc. (IBKR) on Friday, July 27, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Interactive Brokers Group, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Interactive Brokers Group, Inc..

Continue

Assess how Interactive Brokers Group, Inc.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Interactive Brokers Group, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Documentation And Entity Information
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Changes In Equity
Condensed Consolidated Statements Of Comprehensive Income
Condensed Consolidated Statements Of Financial Condition
Condensed Consolidated Statements Of Financial Condition (Parenthetical)
Collateralized Transactions
Collateralized Transactions (Amounts Related To Collateralized Transactions) (Details)
Collateralized Transactions (Financial Instruments Owned And Pledged Where The Counterparty Has The Right To Repledge) (Details)
Collateralized Transactions (Narrative) (Details)
Collateralized Transactions (Tables)
Commitments, Contingencies And Guarantees
Comprehensive Income
Comprehensive Income (Details)
Comprehensive Income (Tables)
Employee Incentive Plans
Employee Incentive Plans (2007 Stock Incentive Plan, Roi Summary) (Details)
Employee Incentive Plans (Narrative) (Details)
Employee Incentive Plans (Share Grants And Fair Value) (Details)
Employee Incentive Plans (Tables)
Equity And Earnings Per Share
Equity And Earnings Per Share (Basic Table) (Details)
Equity And Earnings Per Share (Diluted Table) (Details)
Equity And Earnings Per Share (Ibg Llc Ownership Of Member Interests) (Details)
Equity And Earnings Per Share (Narrative) (Details)
Equity And Earnings Per Share (Tables)
Financial Assets And Financial Liabilities
Financial Assets And Financial Liabilities (Fair Value Table) (Details)
Financial Assets And Financial Liabilities (Financial Assets And Liabilities Not Measured At Fair Value) (Details)
Financial Assets And Financial Liabilities (Narrative) (Details)
Financial Assets And Financial Liabilities (Netting Of Financial Assets) (Details)
Financial Assets And Financial Liabilities (Netting Of Financial Liabilities) (Details)
Financial Assets And Financial Liabilities (Secured Financing Transactions) (Details)
Financial Assets And Financial Liabilities (Tables)
Financial Assets And Financial Liabilities (Trading Gains From Market Making Transactions) (Details)
Income Taxes
Income Taxes (Narrative) (Details)
Organization Of Business
Organization Of Business (Details)
Other Income
Other Income (Schedule Of Components Of Other Income) (Details)
Other Income (Tables)
Regulatory Requirements
Regulatory Requirements (Narrative) (Details)
Regulatory Requirements (Summary Of Capital, Capital Requirements And Excess Capital) (Details)
Regulatory Requirements (Tables)
Related Party Transactions
Related Party Transactions (Details)
Revenue From Contracts With Customers
Revenue From Contracts With Customers (Disaggregation Of Revenue ) (Details)
Revenue From Contracts With Customers (Summary Of Receivables, Contract Assets And Contract Liabilities) (Details)
Revenue From Contracts With Customers (Tables)
Segment And Geographic Information
Segment And Geographic Information (Geographic Table) (Details)
Segment And Geographic Information (Narrative) (Details)
Segment And Geographic Information (Segment Table) (Details)
Segment And Geographic Information (Tables)
Significant Accounting Policies
Significant Accounting Policies (Details)
Significant Accounting Policies (Policies)
Subsequent Events
Trading Activities And Related Risks
Ticker: IBKR
CIK: 1381197
Form Type: 10-Q Quarterly Report
Accession Number: 0001381197-18-000040
Submitted to the SEC: Wed Aug 08 2018 5:02:57 PM EST
Accepted by the SEC: Wed Aug 08 2018
Period: Saturday, June 30, 2018
Industry: Security Brokers Dealers And Flotation Companies

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/ibkr/0001381197-18-000040.htm