| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Total revenue | |||||||||
42,715 | 54,590 | - | - | - | - | - | - | - | - |
Investment advisory fees | |||||||||
- | - | - | 46,391 | 41,177 | 33,581 | 23,423 | 6,286 | 6,796 | 6,887 |
Shareholder service fees | |||||||||
- | - | - | 5,019 | 3,562 | 945 | 885 | 786 | - | - |
Shareholder service fees | |||||||||
- | - | - | - | - | - | - | - | 843 | 816 |
Other | |||||||||
- | - | - | - | - | - | - | - | 5 | 20 |
Total revenue | |||||||||
- | - | 52,955 | 51,410 | 44,739 | 34,526 | 24,308 | 7,072 | 7,644 | 7,723 |
Operating expenses | |||||||||
Compensation and benefits | |||||||||
10,933 | 13,035 | 12,862 | 11,943 | 9,750 | 7,413 | 6,665 | 2,431 | 2,248 | 2,765 |
General and administrative | |||||||||
5,796 | 5,864 | 5,882 | 5,806 | 5,223 | 4,365 | 3,117 | 1,642 | 1,870 | 1,847 |
Mutual fund distribution | |||||||||
512 | 524 | 274 | 775 | 2,403 | 2,450 | 1,467 | 577 | 645 | 662 |
Sub-advisory fees | |||||||||
9,228 | 10,461 | 9,225 | 8,743 | 7,284 | 5,910 | 3,942 | 545 | 632 | 698 |
Depreciation | |||||||||
225 | 231 | 219 | - | - | - | - | - | - | - |
Amortization and depreciation | |||||||||
- | - | - | 353 | 265 | 242 | 188 | 95 | 102 | 128 |
Total operating expenses | |||||||||
26,694 | 30,115 | 28,462 | 27,620 | 24,925 | 20,380 | 15,379 | 5,290 | 5,497 | 6,100 |
Net operating income | |||||||||
16,021 | 24,475 | 24,493 | 23,790 | 19,814 | 14,146 | 8,929 | 1,782 | 2,147 | 1,623 |
Interest expense | |||||||||
1,084 | 1,227 | 1,256 | 1,232 | 1,012 | 1,085 | 668 | 51 | 65 | 35 |
Other income, net | |||||||||
- | - | - | - | - | 1 | -109 | 1 | - | - |
Other income | |||||||||
338 | 145 | 12 | 2 | 1 | - | - | - | 1 | -4 |
Income before income tax expense | |||||||||
15,275 | 23,393 | 23,249 | 22,560 | 18,803 | 13,062 | - | - | - | - |
Income before income tax expense | |||||||||
- | - | - | - | - | - | 8,152 | 1,732 | 2,083 | 1,584 |
Income tax expense | |||||||||
4,244 | 2,778 | 8,307 | 8,193 | 7,414 | 5,395 | 3,332 | 761 | 868 | 671 |
Net income | |||||||||
11,031 | 20,615 | 14,942 | 14,367 | 11,389 | 7,667 | 4,820 | 971 | 1,215 | 913 |
Unrealized loss on investment in available for sale security | |||||||||
- | - | - | - | - | - | - | -108 | -189 | - |
Comprehensive Income | |||||||||
- | - | - | - | - | - | - | 863 | 1,026 | - |
Earnings per share | |||||||||
Basic | |||||||||
1.42 | 2.64 | 1.94 | 1.89 | 1.29 | 1.31 | 0.83 | 0.17 | 0.21 | 0.16 |
Diluted | |||||||||
1.42 | 2.61 | 1.92 | 1.86 | 1.27 | 1.30 | 0.83 | 0.17 | 0.21 | 0.16 |
Weighted average shares outstanding | |||||||||
Basic | |||||||||
7,757 | 7,808 | 7,691 | 7,600 | 8,831 | 5,856 | 5,810 | 5,742 | 5,728 | 5,701 |
Diluted | |||||||||
7,771 | 7,890 | 7,790 | 7,717 | 8,941 | 5,896 | 5,810 | 5,754 | 5,743 | 5,716 |
Cash dividends declared per share | |||||||||
0.47 | 0.39 | 0.29 | 0.20 | 0.15 | 0.15 | 0.13 | 0.13 | 0.17 | 0.09 |
Investment Advice [Member] | |||||||||
Total revenue | |||||||||
39,357 | 50,235 | - | - | - | - | - | - | - | - |
Shareholder Service [Member] | |||||||||
Total revenue | |||||||||
3,358 | 4,355 | - | - | - | - | - | - | - | - |