Manning & napier, inc. (MN)
Income statement / 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'11Mar'11
Revenues
Revenues

132,313

136,001

140,708

147,078

153,904

161,331

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Separately managed accounts

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mutual funds and collective investment trusts

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution and shareholder servicing

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Custodial services

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other revenue

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenue

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment management services revenue, net

-

-

-

-

-

-

-

-

-

-

-

-

-

248,937

255,061

267,191

289,659

318,043

342,703

372,063

388,954

396,998

405,321

395,173

384,282

376,068

365,006

355,741

344,297

339,055

332,283

332,690

336,966

329,992

0

0

0

Expenses
Compensation and related costs

78,782

80,967

79,954

83,555

85,083

87,408

92,396

91,578

92,122

91,730

85,550

87,890

90,036

88,622

95,338

95,211

99,141

103,992

78,353

105,352

133,191

158,183

210,521

203,957

195,130

191,803

191,213

187,200

186,449

165,698

350,336

330,304

310,795

305,957

0

0

0

Distribution, servicing and custody expenses

11,623

12,568

14,254

15,797

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution, servicing and custody expenses

-

-

-

-

-

-

-

-

0

-

29,293

31,171

33,037

34,468

37,717

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution, servicing and custody expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

76,144

73,682

70,213

67,688

64,973

62,126

59,753

58,068

0

0

0

-

-

-

-

Sub-transfer agent and shareholder service costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other operating costs

38,548

39,758

34,173

34,279

34,219

32,366

30,605

30,100

28,755

30,279

34,884

35,185

36,164

36,639

34,062

34,949

35,772

36,261

36,810

37,100

36,629

35,624

34,370

32,711

31,896

31,738

31,565

32,033

31,891

31,145

25,963

27,089

29,181

28,373

0

0

0

Total operating expenses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

128,237

133,503

-

137,949

143,137

144,216

145,997

149,759

149,727

154,246

159,237

159,729

161,429

164,518

176,161

189,491

169,335

205,418

236,910

262,505

321,035

310,350

297,239

291,229

287,751

281,359

278,093

254,911

436,850

415,828

396,957

388,776

0

0

0

Operating income

3,360

2,708

12,471

13,575

17,450

23,382

26,423

33,634

42,269

51,768

65,217

75,165

83,143

89,208

93,632

102,673

113,498

128,552

173,368

166,645

152,044

134,493

84,286

84,823

87,043

84,839

77,255

74,382

66,204

84,144

-104,567

-83,138

-59,991

-58,784

0

0

0

Non-operating income (loss)
Interest expense on shares subject to mandatory redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,833

0

0

0

Interest expense

25

26

27

32

43

49

50

54

35

36

501

606

710

806

447

451

426

323

221

104

27

27

24

24

23

23

33

32

37

38

28

24

26

31

0

0

0

Interest and dividend income

2,810

3,262

3,441

3,178

2,715

2,408

1,631

1,303

1,167

845

769

719

661

617

593

590

568

595

647

653

690

741

616

572

448

297

278

214

193

149

128

108

72

67

0

0

0

Change in liability under tax receivable agreement

3,244

199

-738

-1,245

-1,245

-1,341

-13,296

-13,150

-13,150

-12,859

-1,597

-1,554

-1,554

-1,536

94

2,811

2,811

2,810

2,841

113

113

-2,014

-2,053

-2,000

-2,000

110

103

0

0

-

0

-

-

-

-

-

-

Net gains (losses) on investments

-1,029

1,677

-123

-58

-327

-1,450

-17

589

1,220

2,441

1,328

537

133

227

953

-2,188

-3,970

-4,423

-4,564

-2,622

-329

-826

168

1,947

932

1,066

464

536

218

348

454

67

524

147

0

0

0

Gain (Loss) on Disposition of Business

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-operating income (loss)

1,395

7,597

6,912

4,333

3,590

2,250

14,860

14,988

15,502

16,109

3,193

2,204

1,638

1,574

1,005

-4,860

-6,639

-6,961

-6,979

-2,186

221

1,902

2,813

4,495

3,357

1,230

552

694

350

435

-2,542

-16,299

-31,975

-45,650

0

0

0

Income (loss) before provision for (benefit from) income taxes

4,755

10,305

19,383

17,908

21,040

25,632

41,283

48,622

57,771

67,877

68,410

77,369

84,781

90,782

94,637

97,813

106,859

121,591

166,389

164,459

152,265

136,395

87,099

89,318

90,400

86,069

77,807

75,076

66,554

84,579

-107,109

-99,437

-91,966

-104,434

0

0

0

Provision for (benefit from) income taxes

-3,020

448

2,126

2,250

2,411

2,647

17,272

17,737

18,487

19,352

6,914

7,740

8,043

8,374

6,463

3,298

3,834

4,639

5,208

9,784

10,063

12,660

12,741

11,987

12,207

9,128

8,550

7,548

8,167

8,160

7,599

6,632

3,686

1,982

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

7,775

9,857

17,257

15,658

18,629

22,985

24,011

30,885

39,284

48,525

61,496

69,629

76,738

82,408

88,174

94,515

103,025

116,952

161,181

154,675

142,202

123,735

74,358

77,331

78,193

76,941

69,257

67,528

58,387

76,419

-114,708

-106,069

-95,652

-106,416

0

0

0

Less: net income (loss) attributable to noncontrolling interests

6,045

8,424

15,021

13,466

16,085

19,788

22,767

28,900

36,380

44,938

54,400

61,796

67,985

73,134

78,033

83,090

90,702

103,738

142,718

139,326

129,657

114,418

72,412

74,499

75,800

74,285

67,591

65,522

58,477

73,950

-90,262

-79,969

-71,388

-79,249

0

0

0

Net income attributable to Manning & Napier, Inc.

1,730

1,433

2,236

2,192

2,544

3,197

1,244

1,985

2,904

3,587

7,096

7,833

8,753

9,274

10,141

11,425

12,323

13,214

18,463

15,349

12,545

9,317

1,946

2,832

2,393

2,656

1,666

2,006

-90

2,469

0

0

0

-

-

-

-

Net income per share available to Class A common stock
Basic (in dollars per share)

0.05

-0.02

0.05

0.03

0.04

0.03

0.05

0.05

0.08

-0.10

0.10

0.12

0.13

0.15

0.15

0.17

0.16

0.19

0.24

0.24

0.24

0.59

0.03

0.05

0.01

0.05

0.10

0.02

0.03

-0.01

0.12

-0.14

0.21

-

-

-

0.00

Diluted (in dollars per share)

0.01

-0.02

0.05

0.03

0.03

0.04

0.05

0.05

0.07

-0.10

0.10

0.12

0.13

0.14

0.15

0.17

0.16

0.22

0.21

0.23

0.24

0.58

0.03

0.05

0.01

0.04

0.10

0.02

0.03

-0.01

0.12

-0.14

0.21

-

-

-

0.00

Weighted average shares of Class A common stock outstanding
Basic (in shares)

15,812

15,381

15,290

15,267

14,927

14,746

14,740

14,691

14,313

14,252

14,249

14,111

14,042

14,044

14,042

13,960

13,745

13,745

13,745

13,739

13,713

13,706

13,705

13,667

13,634

13,634

13,634

13,618

13,583

13,583

13,583

13,583

13,583

-

-

-

-

Diluted (in shares)

77,907

202,099

15,600

15,613

78,581

-112,569

78,096

14,709

78,283

-49,777

78,210

14,298

14,216

14,143

14,175

14,243

14,084

-53,946

81,889

14,002

13,914

14,023

13,930

13,820

13,751

13,973

13,690

13,718

13,583

13,583

13,583

13,583

13,583

-

-

-

-

Cash dividends declared per share of Class A common stock

-

-

-

-

-

-

-

-

-

-

0.08

0.08

0.08

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

-

-

0.00

Wealth Management
Revenues

84,120

86,289

83,245

85,492

88,237

97,123

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Institutional and Intermediary
Revenues

28,241

29,344

36,508

40,089

43,716

41,462

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution and shareholder servicing
Revenues

9,993

10,227

10,664

11,068

11,535

12,089

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Custodial services
Revenues

6,718

6,864

7,011

7,269

7,414

7,591

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other revenue
Revenues

3,241

3,277

3,280

3,160

3,002

3,066

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-