Diamond hill investment group inc (DHIL)
CashFlow / Quarterly
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'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-2,528

14,524

11,516

14,157

19,555

2,074

16,399

14,898

12,942

12,351

13,158

12,967

13,125

13,878

13,668

9,767

9,279

11,655

6,728

9,178

9,512

12,552

6,350

6,928

5,749

6,750

5,361

4,711

5,330

4,824

4,166

3,328

4,611

4,453

2,539

3,728

3,631

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

265

271

322

287

282

291

293

288

285

228

227

214

217

215

161

171

162

172

174

172

106

85

70

70

76

70

69

85

80

70

72

76

85

82

81

83

82

Share-based compensation

2,433

2,357

2,126

2,443

2,154

2,423

2,389

2,231

1,851

2,323

2,175

2,083

1,998

1,945

2,088

2,103

2,067

2,263

2,213

2,105

1,968

1,802

1,893

1,683

1,924

2,765

1,547

1,520

1,486

1,543

1,533

1,344

1,329

1,846

959

1,400

726

Decrease in accounts receivable

-3,873

953

973

4,808

-1,714

924

-1,518

1,956

-347

1,758

183

-576

249

1,125

121

131

-1,865

1,590

-1,031

1,294

211

1,162

870

1,083

394

1,662

-290

110

1,080

-323

892

-1,015

590

1,686

-1,193

236

870

Change in current income taxes

3,297

-5,265

-838

-2,663

2,150

2,127

201

387

4,167

-2,571

-1,617

-5,812

6,997

779

2,529

2,313

937

4,840

-2,957

-1,055

-511

4,181

-562

1,781

-8,725

7,038

855

-51

678

-

-

-

-

-

-

-

-

Change in deferred income taxes

2,691

-2,001

98

333

490

3,912

455

761

492

-4,546

456

696

500

-386

-331

93

155

2,650

100

759

36

730

-703

5

-2,436

4,805

-556

1,680

-313

-231

354

543

-297

17

761

408

34

Net losses (gains) on investments

-23,246

3,592

1,373

3,037

13,053

-17,481

3,828

2,350

-2,994

1,900

2,054

2,382

3,392

1,258

2,986

522

703

-72

-3,575

449

1,337

560

-1,100

1,507

549

691

934

755

1,889

-265

611

-475

1,265

755

-1,313

82

364

Net change in securities held by Consolidated Funds

589

3,862

6,891

1,867

-18,908

4,922

829

11,273

35,143

-127

1,913

2,414

1,310

12,238

29,436

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accrued incentive compensation

-15,799

8,273

7,322

6,520

-18,598

5,045

7,175

6,876

-13,729

4,436

7,304

7,269

-12,304

6,528

5,196

6,331

-13,478

2,419

6,822

6,354

-9,765

-480

7,345

7,017

-9,753

3,485

5,672

5,522

-6,376

4,309

4,025

3,984

-6,849

-

-

-

-

(Decrease) Increase in deferred compensation

-7,475

1,925

356

1,282

4,389

-3,044

982

455

3,513

909

451

436

4,501

812

817

31

2,283

722

-696

123

4,408

374

-89

188

3,918

-

-

-

-

-

-

-

-

-

-

-

-

Excess income tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

242

231

117

4,303

570

331

276

1,343

262

177

60

166

339

85

0

0

5

0

19

9

-

-

-

-

Income tax benefit from dividends paid on restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

447

0

0

925

376

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

570

-4

-600

-

4,860

4,749

-4,880

Other changes in assets and liabilities

2,039

-1,215

206

-751

934

-1,859

6,877

-2,690

-4,438

-1,622

-1,808

-2,213

1,832

-2,682

-1,236

-1,750

1,056

760

-2,257

-892

664

-1,679

-18

-974

844

-338

-792

-291

707

86

-335

609

-230

85

427

367

458

Net cash provided by operating activities

1,990

16,894

11,261

12,731

16,077

18,499

16,968

11,486

-18,823

20,315

18,898

14,454

7,250

11,915

-9,420

21,603

-4,026

16,197

18,716

14,992

2,125

17,181

15,781

15,986

-6,329

13,085

14,125

9,535

-2,165

9,414

8,847

9,047

-2,762

6,248

9,759

8,867

-2,166

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment

115

97

478

40

91

82

105

449

144

596

380

62

67

144

90

142

106

301

526

157

565

827

597

23

56

121

69

29

305

31

133

18

37

25

142

79

6

Purchase of Company sponsored investments

10,948

3,395

4,981

1,412

4,560

1,970

1,075

143

3,143

7,672

2,013

5,297

6,060

8,484

11,335

0

6,133

4,805

6,249

6,748

4,292

10,125

0

0

15,308

306

0

2,000

0

1,098

0

4,000

2,365

0

-1

1

925

Proceeds from sale of Company-sponsored investments

23,209

5,392

7,515

33,045

2,683

1,063

280

360

1,148

851

1,060

560

1,124

826

12,206

10

6,500

4,936

3,340

3,492

0

-

-

-

-

-

-

-

-

-

-

-

-

1,800

0

0

2,333

Net cash provided by (used in) investing activities

12,145

1,899

2,055

8,867

-1,967

-988

-900

-231

-2,140

-7,417

-1,333

-4,799

-5,003

-7,802

1,944

-131

259

-170

-3,435

-3,412

-4,857

-10,703

-596

-23

-15,364

3,926

-69

-2,029

-305

-1,130

170

-4,018

-2,402

1,774

-140

-80

1,401

CASH FLOWS FROM FINANCING ACTIVITIES:
Value of shares withheld related to employee tax withholding

252

350

437

602

0

323

685

415

501

2,176

906

1,086

796

373

580

301

8,774

565

522

344

2,891

455

155

50

314

1,232

595

56

0

966

18

0

363

17

1

100

38

Net (redemptions) subscriptions received from redeemable noncontrolling interest holders

-565

2,405

538

6,880

1,516

1,946

7,009

8,589

3,661

267

2,726

2,618

677

9,566

739

118

-825

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

9,182

15,510

7,579

7,752

7,907

7,229

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess income tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

242

231

117

4,303

570

331

276

1,343

262

177

60

166

339

85

0

0

5

0

19

9

-

-

-

-

Income tax benefit from dividends paid on restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-447

0

0

-925

-376

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from common stock issuance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

239

238

240

Net cash used in financing activities

-10,001

-43,731

-7,478

-1,473

-6,390

-33,700

6,324

8,174

3,160

-26,186

1,820

1,531

-119

-10,582

391

-64

-4,370

-16,650

-191

-67

-1,548

-13,144

21

9

-148

-10,301

-509

-56

0

-24,184

-18

19

-354

-15,701

-835

137

202

CASH AND CASH EQUIVALENTS
Net change during the period

4,135

-

5,838

20,125

7,719

-

22,392

19,428

-17,803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change during the year

-

-

-

-

-

-

-

-

-

-13,288

19,385

11,186

2,127

-6,469

-7,084

21,406

-8,137

-623

15,089

11,511

-4,280

-6,667

15,207

15,972

-21,842

6,710

13,546

7,449

-2,470

-15,900

8,999

5,048

-5,518

-7,677

8,783

8,924

-563

Supplemental cash flow information:
Interest Paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

0

0

0

0

0

0

0

Income taxes paid

0

7,585

5,000

7,438

4,203

6,008

5,981

5,391

27

8,422

8,570

12,533

0

7,004

4,840

3,405

4,389

4,391

6,958

7,270

5,519

4,129

3,485

2,388

9,700

1,935

1,610

4,900

2,130

1,895

2,323

3,255

2,163

2,505

2,610

3,077

2,656

Supplemental disclosure of non-cash transactions:
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture

3,396

0

0

0

3,655

0

0

0

4,109

0

0

0

3,892

0

0

0

3,879

0

0

0

3,826

231

-231

0

3,984

0

0

0

4,606

0

0

0

5,540

0

0

0

7,461

Charitable donation of corporate investments and property and equipment

-

-

-

-

-

0

0

0

1,989

0

0

0

1,748

0

0

0

1,729

0

0

0

1,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cumulative-effect adjustment from the adoption of ASU 2015-02 (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,031

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net redemptions of ETF shares for marketable securities

0

0

0

0

-3,244

3,022

1,736

0

1,524

0

-1,456

-1,450

1,351

0

-2,498

1,176

1,077

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-