8-K/AOther Events

Interactive Brokers Group, Inc. 8-K/A Report, Corporate Update (Jul 28, 2020)

Filed July 28, 2020For Securities:IBKR

Summary

This filing is an amendment to a previously filed 8-K report by Interactive Brokers Group, Inc. (IBKR). The primary purpose of this amendment is to correct a technical HTML conversion error in the Selected Financial Information table included in the original filing. Specifically, the amounts disclosed for basic and diluted weighted average shares outstanding were duplicated within the same cell for all presented periods. The company has provided a revised table with the corrected data, ensuring accurate historical share count information for investors. Beyond the correction, the filing also presents updated Selected Financial Information. Investors should note a reclassification of certain revenue items. For the years 2015 through 2019, amounts previously reported as 'other income' have been reclassified to 'other fees and services,' and amounts previously reported as 'trading gains' have been reclassified to 'other income' as a component of 'principal transactions.' These reclassifications impact the presentation of revenue streams but do not alter the overall financial performance or net income figures.

Key Highlights

  • 1Amendment filed to correct an HTML conversion error in the Selected Financial Information table.
  • 2The error involved duplicated data for basic and diluted weighted average shares outstanding.
  • 3A revised table with corrected historical share data is provided.
  • 4Reclassification of revenue streams for periods 2015-2019: 'other income' to 'other fees and services'.
  • 5Reclassification of revenue streams for periods 2015-2019: 'trading gains' to 'other income' (principal transactions).
  • 6The core financial performance (net income) remains unchanged by the reclassifications.

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