Diamond hill investment group inc (DHIL)
Income statement / 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'11Sep'10Jun'10
REVENUES:
Revenue

31,925

35,907

34,592

33,545

32,579

34,446

37,471

35,927

37,782

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment advisory

-

-

-

-

-

-

-

-

-

-

33,782

32,558

31,833

-

29,512

28,553

26,686

28,020

27,475

27,018

25,400

24,508

23,541

21,940

19,910

19,178

17,843

17,090

15,853

14,687

14,619

14,101

14,375

13,312

13,465

14,801

14,437

12,215

11,933

Mutual fund administration, net

-

-

-

-

-

-

-

-

-

-

2,989

2,984

3,300

-

3,425

4,116

3,770

4,280

3,948

4,363

3,917

3,962

3,917

3,500

3,278

3,143

2,976

2,823

2,521

2,334

2,240

2,059

2,239

1,935

1,904

2,026

2,011

1,827

1,820

Total revenue

-

-

-

-

-

-

-

-

-

-

36,771

35,542

35,134

-

32,937

32,669

30,457

32,301

31,423

31,382

29,318

28,470

27,458

25,440

23,189

22,322

20,819

19,914

18,375

17,022

16,859

16,160

16,614

15,248

15,369

16,827

16,449

14,043

13,754

OPERATING EXPENSES:
Compensation and related costs, excluding deferred compensation (benefit) expense

15,417

15,011

16,071

15,624

13,557

11,574

15,441

14,572

14,387

10,035

14,446

14,313

13,679

13,770

12,714

13,381

12,398

9,557

12,941

12,667

12,784

5,924

13,370

12,725

11,871

10,162

10,817

10,357

9,513

8,276

8,725

8,378

8,487

6,791

7,968

8,949

9,164

8,095

7,829

Deferred compensation expense (benefit)

-8,155

-

-

-

2,412

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

1,928

2,946

3,543

3,543

3,244

2,900

2,962

2,822

2,963

4,480

3,088

2,980

3,488

4,566

2,994

2,575

2,485

3,279

2,389

2,583

1,993

3,000

1,801

1,715

1,581

1,676

1,552

1,421

1,392

1,435

1,230

1,184

1,136

1,595

1,060

1,067

1,014

856

871

Sales and marketing

1,455

1,605

1,443

1,447

1,370

1,449

1,281

1,302

1,209

1,381

1,230

1,252

1,129

1,156

1,052

1,061

993

1,300

1,107

1,160

609

574

564

591

491

595

505

563

434

984

275

246

310

65

267

267

232

143

199

Mutual fund administration

814

813

778

849

861

856

870

881

1,017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mutual fund administration

814

813

778

849

861

856

870

881

1,017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Third party distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

138

213

224

180

230

250

238

258

Mutual fund administration

-

-

-

-

-

-

-

-

-

-

1,119

1,028

1,000

-

1,037

951

876

900

844

848

736

740

737

734

672

454

474

420

407

338

390

381

445

254

449

461

338

509

492

Total operating expenses

11,460

23,942

21,835

21,465

21,445

14,659

20,555

19,578

19,578

19,442

19,884

19,575

19,297

20,512

17,798

17,970

16,753

15,038

17,282

17,260

16,124

10,239

16,474

15,766

14,617

12,889

13,349

12,762

11,747

10,475

10,829

10,330

10,593

8,930

9,926

10,976

11,001

9,843

9,652

NET OPERATING INCOME

20,465

11,965

12,756

12,079

11,133

19,787

16,915

16,349

18,203

18,310

16,887

15,966

15,836

19,526

15,138

14,699

13,704

17,262

14,141

14,122

13,194

18,231

10,983

9,673

8,571

9,433

7,469

7,151

6,627

6,547

6,030

5,830

6,020

6,317

5,443

5,851

5,448

4,199

4,101

Investment income (loss), net

-22,398

6,879

2,822

6,519

14,284

-13,488

5,210

3,565

-1,559

4,438

2,767

3,024

3,786

2,522

3,555

692

747

973

-3,512

457

1,344

2,073

-1,005

1,321

516

1,483

913

728

1,824

230

620

-468

1,271

781

-1,309

90

370

1,169

-1,183

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,675

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) BEFORE TAXES

-1,932

18,845

15,579

18,599

25,418

6,298

22,126

19,915

16,644

22,749

19,655

18,991

19,622

22,048

21,369

15,391

14,451

18,236

10,628

14,579

14,538

20,304

9,977

10,995

9,088

10,916

8,383

7,880

8,452

6,777

6,650

5,362

7,292

7,099

4,134

5,941

5,819

5,368

2,918

Income tax expense

595

4,320

4,062

4,442

5,862

4,223

5,726

5,017

3,702

10,398

6,496

6,024

6,497

8,170

7,700

5,624

5,171

6,580

3,900

5,401

5,026

7,751

3,627

4,067

3,338

4,165

3,021

3,168

3,121

1,952

2,484

2,033

2,680

2,646

1,595

2,212

2,187

1,930

1,088

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

-4,058

-

99

962

2,623

-

1,191

527

-47

-

459

328

368

-

242

52

14

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS

1,530

13,413

11,417

13,195

16,932

4,807

15,208

14,370

12,989

11,894

12,698

12,638

12,756

13,645

13,426

9,714

9,265

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

3,438

1,829

Earnings Per Share [Abstract]
Basic (USD per share)

0.47

4.00

3.35

3.79

4.85

1.38

4.31

4.08

3.72

3.42

3.68

3.67

3.72

4.01

3.93

2.85

2.73

3.52

2.04

2.79

2.96

3.91

1.98

2.17

1.82

2.23

1.70

1.45

1.67

-

1.32

-

-

-

-

-

1.28

1.24

0.66

Diluted (USD per share)

0.47

4.01

3.35

3.79

4.84

1.37

4.31

4.08

3.72

3.44

3.67

3.66

3.71

3.99

3.93

2.84

2.73

3.42

1.99

2.73

2.89

3.83

1.94

2.12

1.78

2.15

1.67

1.45

1.67

-

1.32

-

-

-

-

-

-

1.24

0.66

Weighted average shares outstanding
Weighted Average Number of Shares Outstanding, Basic

3,272

3,362

3,411

3,478

3,493

3,512

3,530

3,518

3,487

3,468

3,454

3,443

3,428

3,416

3,413

3,410

3,388

3,308

3,297

3,287

3,218

3,214

3,205

3,198

3,165

2,962

3,160

3,248

3,197

-

3,153

-

-

-

-

-

2,837

2,779

2,773

Weighted Average Number of Shares Outstanding, Diluted

3,272

3,360

3,411

3,478

3,496

3,514

3,532

3,519

3,491

3,461

3,461

3,449

3,435

3,424

3,420

3,415

3,393

3,396

3,379

3,367

3,296

3,284

3,280

3,268

3,230

3,119

3,211

3,248

3,197

-

3,153

-

-

-

-

-

-

2,779

2,774

Earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.07

1.52

-

0.84

1.26

-

-

-

Weighted average shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,101

3,030

-

3,005

2,967

-

-

-

Investment advisory
Revenue

30,157

33,487

32,498

31,510

30,512

32,232

34,928

33,526

34,631

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mutual fund administration revenue, net
Revenue

1,768

2,419

2,094

2,034

2,066

2,214

2,543

2,401

3,150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-