| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|
REVENUES: | |||||||||
Total revenues | |||||||||
337,054 | 340,231 | 316,641 | 301,545 | 259,924 | 247,515 | 235,701 | 231,435 | 196,229 | 180,254 |
OPERATING EXPENSES: | |||||||||
Compensation and related expenses | |||||||||
117,844 | 112,657 | 111,829 | 105,531 | 101,448 | 96,080 | 107,382 | 81,273 | 73,349 | 90,524 |
Management fees | |||||||||
83,693 | 87,331 | 81,112 | 79,252 | 57,006 | 63,357 | 62,487 | 60,559 | 46,300 | 43,100 |
Selling, general and administrative | |||||||||
62,595 | 62,253 | 58,665 | 59,736 | 52,257 | 48,658 | 43,832 | 41,493 | 36,287 | 32,230 |
Management contract buyout | |||||||||
- | 0 | 0 | 0 | 1,428 | - | - | - | - | - |
Intangible amortization | |||||||||
35,723 | 35,858 | 34,898 | 31,221 | 28,741 | 24,981 | 23,616 | 22,290 | 19,494 | 18,530 |
Non-cash changes in fair value of estimated contingent consideration | |||||||||
31,373 | -13,101 | -14,435 | -3,847 | -7,414 | 22,241 | -10,564 | -11,944 | -6,371 | -5,130 |
Depreciation and other amortization | |||||||||
2,982 | 3,140 | 2,797 | 2,425 | 2,313 | 2,249 | 2,077 | 2,162 | 1,882 | 1,749 |
Total operating expenses | |||||||||
271,464 | 314,340 | 303,736 | 282,012 | 250,607 | 213,084 | 249,958 | 219,721 | 183,683 | 191,263 |
INCOME FROM OPERATIONS | |||||||||
65,590 | 25,891 | 12,905 | 19,533 | 9,317 | 34,431 | -14,257 | 11,714 | 12,546 | -11,009 |
OTHER INCOME (EXPENSE): | |||||||||
Interest income | |||||||||
285 | 337 | 291 | 339 | 197 | 457 | 432 | 235 | 142 | 32 |
Interest expense | |||||||||
13,586 | 15,156 | 15,852 | 14,424 | 12,859 | 10,968 | 12,996 | 18,212 | 14,272 | 14,296 |
Amortization of debt financing costs | |||||||||
782 | 969 | 919 | 782 | 782 | 782 | 828 | 929 | 959 | 1,344 |
Gain on sale of investment | |||||||||
- | - | - | - | - | 0 | 0 | 0 | 5,509 | - |
Loss on extinguishment of borrowings | |||||||||
-6,094 | - | - | - | - | 0 | -7,060 | 0 | -14,011 | -8,106 |
Other (expense) income-net | |||||||||
612 | -354 | 9 | -468 | -236 | -2,121 | -525 | 203 | 93 | -2,959 |
Income from equity method investments | |||||||||
64 | 59 | 53 | 329 | 314 | 313 | 55 | 79 | 74 | 358 |
Total other expense-net | |||||||||
-19,501 | -27,832 | -16,418 | -15,006 | -13,366 | -13,101 | -20,922 | -18,624 | -23,424 | -26,315 |
INCOME (LOSS) BEFORE INCOME TAX | |||||||||
46,089 | -1,941 | -3,513 | 4,527 | -4,049 | 21,330 | -35,179 | -6,910 | -10,878 | -37,324 |
INCOME TAX EXPENSE (BENEFIT) | |||||||||
12,070 | 10,750 | -3,905 | 1,425 | -1,221 | 3,783 | 3,745 | 746 | 1,176 | 557 |
NET INCOME ( LOSS) | |||||||||
34,019 | -12,691 | 392 | 3,102 | -2,828 | -10,564 | -10,813 | -7,656 | -12,054 | -37,881 |
Non-controlling interest | |||||||||
13,623 | -692 | -881 | 2,306 | 114 | - | -615 | - | - | - |
NET INCOME (LOSS ) ATTRIBUTABLE TO COMMON SHAREHOLDERS | |||||||||
20,396 | -11,999 | 1,273 | 796 | -2,942 | - | -10,198 | - | - | - |
Income (loss) per share of Class A common stock: | |||||||||
Basic income (loss) per share | |||||||||
- | - | 0.03 | 0.02 | - | - | -0.24 | - | - | - |
Diluted income (loss) per share | |||||||||
- | - | 0.03 | 0.02 | - | - | -0.24 | - | - | - |
Weighted average shares of Class A common stock outstanding: | |||||||||
Weighted average shares of Class A common stock outstanding | |||||||||
- | - | 47,058 | - | - | - | 42,351 | - | - | - |
Wealth management fees | |||||||||
Total revenues | |||||||||
318,603 | 323,927 | 299,348 | 283,296 | 243,084 | 232,147 | 220,235 | 216,328 | 184,323 | - |
Other | |||||||||
Total revenues | |||||||||
18,451 | 16,304 | 17,293 | 18,249 | 16,840 | 15,368 | 15,466 | 15,107 | 11,906 | - |
Class A common stock | |||||||||
Basic income (loss) per share | |||||||||
0.43 | -0.27 | 0.03 | 0.02 | -0.06 | - | -0.24 | - | - | - |
Diluted income (loss) per share | |||||||||
0.43 | -0.27 | 0.03 | 0.02 | -0.06 | - | -0.24 | - | - | - |
Weighted average shares of Class A common stock outstanding | |||||||||
47,436 | 47,217 | 47,044 | 46,696 | 46,211 | - | 42,351 | - | - | - |
Weighted average shares of Class A common stock outstanding | |||||||||
47,441 | 47,177 | 47,058 | 46,721 | 46,211 | - | 42,351 | - | - | - |