Diamond hill investment group inc (DHIL)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and cash equivalents

97,311

93,176

118,113

112,275

82,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash held by noncontrolling shareholders

-

-

-

-

10,016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

84,430

100,619

78,227

58,798

76,602

89,890

70,504

59,317

57,189

63,659

70,744

49,337

57,474

58,098

43,008

31,496

35,777

42,444

27,237

11,264

33,106

26,396

12,849

5,399

7,870

23,771

14,772

9,723

15,242

22,920

14,136

5,775

Investments

104,519

139,437

133,978

150,772

164,791

203,488

212,389

205,200

191,543

138,476

129,743

126,027

117,424

108,015

87,047

57,981

56,189

52,490

52,694

53,360

49,656

45,427

34,989

36,091

34,583

18,726

22,083

21,148

18,393

16,503

15,670

15,363

11,838

8,208

9,252

10,568

11,527

Accounts receivable

13,350

17,223

16,269

22,210

17,402

20,290

19,365

20,884

19,177

19,220

17,711

17,778

18,854

18,605

17,479

16,845

16,714

18,579

16,988

18,019

16,725

16,514

15,351

14,480

13,396

13,002

11,339

11,629

11,519

10,438

10,762

9,869

10,885

10,295

8,608

9,802

8,695

Prepaid expenses

2,958

2,857

2,941

2,630

2,526

2,372

2,305

2,139

2,231

2,073

2,210

2,055

2,362

2,032

1,679

1,661

1,880

1,780

1,840

1,666

1,984

1,904

1,866

1,340

1,472

1,489

1,317

937

1,087

953

1,022

843

911

920

895

722

787

Income taxes receivable

551

3,849

-

-

-

0

0

0

0

4,114

1,543

0

0

1,111

1,200

3,497

5,692

1,402

5,296

2,007

676

0

2,443

1,704

3,425

-

874

1,644

1,593

2,271

1,473

619

0

139

301

46

0

Property and equipment, net of depreciation

5,472

5,733

6,018

5,973

6,329

3,680

3,908

4,202

4,229

4,057

3,689

3,586

3,689

4,025

4,127

4,188

4,242

4,253

4,150

4,157

4,247

2,425

1,425

898

945

964

914

914

970

745

784

723

781

829

887

826

907

Deferred taxes

13,078

10,386

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Assets, Net

-

-

12,388

12,289

11,956

11,466

-

-

-

5,843

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes

-

-

-

-

-

-

7,553

7,097

6,336

-

10,390

9,933

9,236

8,736

9,123

9,455

9,361

9,206

6,555

6,454

5,695

5,658

4,928

5,631

5,626

8,063

3,257

3,814

2,138

2,451

2,671

2,317

1,774

2,083

2,065

1,304

873

Total assets

237,241

272,663

289,710

306,151

295,154

325,727

346,142

317,751

282,317

250,388

255,179

229,886

210,884

199,717

184,318

164,373

143,418

145,186

145,623

128,675

110,481

107,708

103,449

87,385

70,715

75,353

66,183

52,938

41,102

41,235

56,155

44,508

35,915

37,720

44,932

37,407

28,565

LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Accounts payable and accrued expenses

6,620

8,671

7,651

13,045

12,298

15,561

13,654

20,470

18,060

11,890

10,404

8,491

6,535

9,787

6,782

6,502

4,996

7,651

8,498

6,426

5,926

6,550

4,573

4,030

3,187

4,049

3,538

2,365

2,224

2,797

2,860

2,289

2,294

2,895

3,580

2,719

3,432

Accrued incentive compensation

7,419

26,615

18,342

11,020

4,500

26,754

21,709

14,534

7,658

25,496

21,060

13,756

6,487

22,683

16,155

10,958

4,627

21,984

19,565

12,743

6,389

19,981

20,462

13,117

6,100

19,606

15,994

10,348

4,857

15,908

12,393

8,368

4,383

16,774

13,900

9,900

16,779

Income taxes payable

-

-

1,416

2,255

4,918

2,768

640

439

52

0

-

73

5,885

-

-

-

-

-

0

0

0

1,178

0

0

0

5,466

-

-

-

0

-

-

59

-

0

0

855

Deferred compensation

22,900

30,300

28,400

28,100

26,777

22,400

25,432

24,449

23,994

20,480

19,571

19,119

18,683

14,182

13,369

12,552

12,520

10,236

9,514

10,211

10,087

5,678

5,304

5,394

5,206

1,287

921

894

863

794

-

-

-

-

-

-

-

Total liabilities

36,907

65,629

55,826

54,380

48,494

67,472

61,436

59,894

49,764

57,867

51,035

41,440

37,591

46,653

36,307

30,013

22,143

39,872

37,578

29,380

22,402

33,389

30,340

22,541

14,493

30,410

20,454

13,609

7,944

19,500

15,253

10,657

6,738

19,669

17,480

12,619

21,067

Redeemable noncontrolling interest

9,554

14,178

10,662

34,076

36,249

62,679

60,714

50,777

41,660

20,076

19,464

17,734

16,218

13,840

4,229

5,745

4,294

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Permanent Shareholders’ equity
Common stock, no par value: 7,000,000 shares authorized; 3,247,515 issued and outstanding at March 31, 2020 (inclusive of 226,369 unvested shares); 3,294,672 issued and outstanding at December 31, 2019 (inclusive of 227,844 unvested shares)

90,602

95,853

111,265

116,835

124,484

124,933

130,555

130,369

128,441

118,209

119,167

116,845

114,459

109,293

108,914

110,115

107,438

102,536

100,308

97,899

95,195

84,855

81,837

80,589

79,163

72,642

72,766

72,439

70,907

65,255

64,086

62,055

57,716

49,995

49,890

50,390

34,423

Preferred stock, undesignated, 1,000,000 shares authorized and unissued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Deferred equity compensation

18,700

20,331

22,200

21,900

23,656

22,008

22,502

24,019

23,907

19,134

20,240

19,188

17,799

17,728

19,611

22,552

21,795

19,294

19,711

19,325

18,658

12,566

11,453

12,121

12,388

11,397

13,750

14,461

14,388

14,829

14,884

15,738

12,745

11,539

12,551

13,176

7,137

Retained earnings

118,864

117,334

134,196

122,778

109,583

92,650

115,937

100,729

86,359

73,369

85,752

73,053

60,415

47,658

54,479

41,052

31,337

22,072

27,448

20,720

11,542

2,029

2,725

-3,624

-10,552

-16,302

-13,286

-18,648

-23,359

-28,690

-8,299

-12,466

-15,794

-20,405

-9,887

-12,426

-19,787

Total permanent shareholders’ equity

190,779

192,855

223,222

217,694

210,410

195,575

223,991

207,079

190,892

172,443

184,678

170,710

157,075

139,224

143,781

128,614

116,980

105,314

108,045

99,294

88,078

74,319

73,109

64,843

56,222

44,942

45,728

39,329

33,158

21,735

40,901

33,850

29,177

18,050

27,451

24,787

7,498

Total liabilities and shareholders’ equity

237,241

272,663

289,710

306,151

295,154

325,727

346,142

317,751

282,317

250,388

255,179

229,886

210,884

199,717

184,318

164,373

143,418

145,186

145,623

128,675

110,481

107,708

103,449

87,385

70,715

75,353

66,183

52,938

41,102

41,235

56,155

44,508

35,915

37,720

44,932

37,407

28,565

Book value per share (usd per share)

58.75

58.54

65.58

63.22

60.21

55.89

63.38

58.62

54.25

49.69

53.24

49.37

45.62

40.81

42.12

37.55

34.31

30.84

31.71

29.24

26.04

22.40

22.06

19.61

17.06

13.80

14.01

12.06

10.23

6.86

12.94

10.74

9.42

6.03

9.17

8.25

2.68