Associated Capital Group, Inc. AC Income Statement

Associated capital group, inc. (AC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
Revenues
Total revenues
30,982	31,265	23,205	22,753	22,728	22,779	25,750	26,332	26,631	26,915	0	0	0	-	-	-	-	-	-	-	-
Investment advisory and incentive fees
-	-	-	-	-	-	-	-	-	-	-	-	-	18,320	8,826	8,601	0	-	0	0	-
Institutional research services
-	-	-	-	-	-	-	-	-	-	-	-	-	12,634	10,165	9,174	0	-	0	0	-
Investment advisory and incentive fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Institutional research services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	273	-898	-676	-224	280	0	0	0
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	31,227	19,622	0	0	-	0	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Expenses
Compensation
29,248	32,184	25,426	26,236	26,522	26,607	32,849	35,585	36,136	36,523	34,358	32,419	31,439	30,968	27,956	26,620	26,776	26,343	0	0	0
Represents the expense recognized during the period arising from equity-based compensation arrangements, including cash settlement (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	4,540	2,264	2,464	5,051	4,954	4,937	4,931	0	0	0
Management fee expense is incentive-based and entirely variable compensation in the amount of 10% of the aggregate pre-tax profits which is paid to Mr. Gabelli or his designee for acting as CEO pursuant to his amended Employment Agreement so long as he is an executive of GBL and devoting the substantial majority of his working time to the business.
0	-	-	-	0	-	-	-	0	-	-	-	-	1,593	1,635	-380	-422	-309	0	0	0
Other operating expenses
8,258	9,126	10,589	9,784	10,052	9,652	9,947	10,695	10,530	10,065	9,692	8,851	8,724	8,434	7,532	6,803	6,448	6,189	0	0	0
Total expenses
39,959	47,023	39,526	39,564	39,834	36,259	40,434	43,629	46,935	47,301	48,390	46,978	43,746	43,459	42,174	37,997	37,739	37,154	0	0	0
Operating loss
-8,977	-15,758	-16,321	-16,811	-17,106	-13,480	-14,684	-17,297	-20,304	-20,386	-16,765	-15,150	-12,049	-12,232	-18,247	-14,831	-14,947	-14,312	0	0	0
Other income (expense)
Net gain/(loss) from investments
-76,312	60,757	-3,916	-19,499	-2,694	-65,203	2,680	15,891	7,469	20,598	6,121	8,453	1,799	19,909	21,880	2,775	5,039	8,276	0	0	0
Interest and dividend income
11,931	13,407	13,745	14,593	14,463	13,384	12,544	11,425	10,951	10,501	10,202	10,688	11,492	12,669	10,313	0	0	-	0	-	-
Interest and dividend income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest expense
222	217	268	269	273	262	159	158	190	227	246	243	240	590	830	1,087	1,346	1,260	0	0	0
The amount of shareholder-designated contribution made during the period.
0	-	-	-	0	-	-	-	-	4,222	10,306	10,306	10,306	5,411	0	0	0	-	-	-	-
Total other income (expense), net
-68,111	70,666	6,261	-8,475	8,196	-55,381	15,738	27,831	18,903	26,650	5,771	8,592	2,745	26,577	33,229	11,585	11,102	11,736	0	0	0
Income/(loss) before income taxes
-77,088	54,908	-10,060	-25,286	-8,910	-68,861	1,054	10,534	-1,401	6,264	-10,994	-6,558	-9,304	14,345	14,982	-3,246	-3,845	-2,576	0	0	0
Income tax expense/(benefit)
-17,864	12,126	194	-2,218	1,447	-11,478	2,043	2,968	-730	-2,420	-7,564	-5,824	-5,209	3,876	4,242	-1,953	-2,125	-1,685	0	0	0
Net income/(loss)
-59,224	42,782	-10,254	-23,068	-10,357	-57,383	-989	7,566	-671	8,684	-3,430	-734	-4,095	10,469	10,740	-1,293	-1,720	-891	0	0	0
Net income/(loss) attributable to noncontrolling interests
-1,910	3,594	1,895	2,411	2,366	716	995	652	-357	-153	-114	142	358	251	-20	-554	-817	-780	0	0	0
Net income/(loss) attributable to Associated Capital Group, Inc.'s shareholders
-57,314	39,188	-12,149	-25,479	-12,723	-58,099	-1,984	6,914	-314	8,837	-3,316	-876	-4,453	10,218	10,760	-739	-903	-111	0	0	0
Net income/(loss) attributable to Associated Capital Group, Inc.'s shareholders per share:
Basic (in dollars per share)
-3.27	0.50	0.26	-0.04	1.02	-1.76	-0.32	0.51	-0.95	0.67	0.06	0.19	-0.55	0.15	0.16	0.04	0.06	0.18	-0.30	0.03	0.09
Diluted (in dollars per share)
-3.27	0.50	0.26	-0.04	1.02	-1.76	-0.32	0.51	-0.95	0.67	0.06	0.19	-0.55	0.15	0.16	0.04	0.06	0.18	-0.30	0.03	0.09
Weighted average shares outstanding:
Basic (in shares)
22,441	22,486	22,514	22,552	22,584	22,713	22,979	23,080	23,508	23,690	23,841	23,808	23,829	24,845	24,918	24,854	24,863	24,404	24,947	25,065	25,132
Diluted (in shares)
22,441	22,486	22,514	22,552	22,584	22,713	22,979	23,080	23,508	23,989	23,841	24,041	23,829	25,115	25,219	25,189	25,177	24,667	25,241	25,358	25,414
Dividends declared (in dollars per share)
-	-	-	0.10	-	-	-	0.10	-	-	0.00	0.10	0.00	-	0.00	0.00	0.10	-	0.00	0.00	0.00
Investment Advisory and Incentive Fees [Member]
Total revenues
22,115	22,148	14,659	14,711	14,613	14,409	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Revenue generated through hard dollar payments or through commissions on securities transactions executed on an agency basis on behalf of clients.
Total revenues
8,408	8,947	8,448	7,949	8,045	8,284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other revenues include (a) underwriting fees include gains, losses, and fees, net of syndicate expenses, arising from public equity and debt offerings, and b) other miscellaneous revenues.
Total revenues
459	170	98	93	70	86	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-