Westwood holdings group, inc. (WHG)
Balance Sheet / 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'11Dec'10
Operating Lease, Liability

-

-

-

-

-

10,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Liability, Current

1,622

1,584

1,554

1,521

1,538

1,432

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ASSETS
Current Assets:
Cash and cash equivalents

45,116

49,766

58,372

56,310

52,421

52,449

48,086

47,301

51,550

54,249

51,436

43,143

30,626

33,679

30,692

29,124

26,425

22,740

23,883

22,767

19,607

18,131

16,485

16,063

17,374

10,864

12,009

6,133

5,774

3,817

6,777

7,138

4,505

5,264

4,572

5,174

1,744

Accounts receivable

11,172

13,177

12,872

13,680

15,563

18,429

19,832

22,903

23,945

21,660

22,163

23,061

25,208

23,429

22,810

21,376

25,796

19,618

19,997

21,890

14,840

14,540

13,784

16,685

14,754

14,468

12,097

12,857

10,053

8,920

8,209

8,612

7,808

7,707

7,997

9,336

7,348

Investments, at fair value

37,272

50,324

42,844

47,602

49,601

65,781

71,003

61,513

48,917

51,324

48,093

45,665

44,786

56,485

49,849

44,800

44,755

72,320

56,457

46,195

64,039

79,620

73,099

57,772

45,419

64,554

55,268

51,368

47,985

59,906

52,913

44,509

47,238

54,868

48,830

44,760

43,300

Income Taxes Receivable, Current

658

1,150

916

822

864

-

589

0

1,752

-

2,744

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,634

4,634

4,826

4,060

-

-

-

3,812

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,161

1,313

1,308

-

2,917

2,037

1,320

3,362

2,505

1,654

956

3,142

2,383

2,315

2,757

Prepaid Taxes

-

-

-

-

-

349

-

-

-

4,269

-

-

-

0

-

-

-

-

-

-

-

-

-

2,083

2,371

-

1,213

1,173

514

-

1,669

2,470

937

-

1,428

1,122

-

Other current assets

2,168

2,544

2,657

2,680

3,622

2,731

2,308

1,853

3,465

6,612

6,261

1,914

2,386

2,364

2,355

2,159

2,263

2,926

2,309

2,164

2,538

2,413

1,948

1,620

2,207

2,521

1,906

2,250

2,751

1,365

2,190

3,861

1,889

1,501

869

1,085

733

Total current assets

96,386

116,961

117,661

121,094

122,071

139,739

141,818

133,570

129,629

138,114

130,697

113,783

103,006

115,957

105,706

97,459

99,239

117,604

109,280

97,650

105,850

118,764

109,477

95,536

83,433

96,219

85,410

75,818

68,397

77,370

74,263

68,244

63,333

72,482

66,079

63,792

55,882

Long-term Investments

8,154

8,154

5,425

5,675

5,675

5,425

5,425

5,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Investments Carried at Fair Value

3,243

4,238

3,020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

19,804

19,804

19,804

19,804

19,804

19,804

19,804

19,804

19,804

27,144

27,144

27,144

27,144

27,144

27,144

27,144

27,144

27,144

25,091

22,910

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,255

11,338

11,338

11,281

Deferred income taxes

3,831

2,216

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

7,220

7,562

7,851

8,149

8,472

8,698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

3,540

4,356

4,838

5,102

5,081

5,007

4,247

3,407

9,473

10,491

10,860

10,903

10,950

11,143

11,178

11,042

3,066

3,355

3,542

3,792

5,740

2,116

365

2,041

2,010

1,963

1,610

1,696

-

-

-

-

-

-

-

Intangible assets, net

14,833

15,256

15,701

15,771

15,549

15,961

16,379

16,798

17,216

19,804

19,945

20,414

20,904

21,394

21,884

22,374

22,864

23,354

25,866

28,977

3,340

3,430

3,520

3,610

-

3,789

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,699

-

3,879

3,969

4,059

4,149

4,255

4,377

4,499

4,621

4,745

4,869

5,119

Property and equipment, net of accumulated depreciation of $7,570 and $7,395

3,931

4,152

4,311

4,637

4,740

4,454

4,120

4,088

4,220

4,190

4,103

4,100

4,190

4,280

4,014

3,908

4,027

2,192

2,914

3,217

2,871

2,633

2,623

2,676

2,693

2,746

2,372

2,190

2,195

2,145

2,170

2,226

2,187

2,239

2,038

719

346

Other long-term assets

400

364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

157,802

178,707

177,313

179,486

181,149

199,183

192,627

184,267

175,116

192,659

191,362

175,932

166,104

179,678

169,698

162,028

164,452

181,336

166,217

156,109

126,858

139,874

132,615

115,193

101,445

116,050

104,926

95,195

87,516

96,615

91,943

86,102

81,274

90,597

84,200

80,718

72,628

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued liabilities

1,676

2,145

2,040

2,122

2,672

2,518

2,521

2,724

3,192

3,501

2,851

2,973

2,482

2,641

3,498

3,545

4,792

3,549

2,634

3,300

3,694

2,334

2,098

1,916

1,879

2,082

2,004

1,829

1,881

1,650

1,781

1,794

1,674

1,674

1,461

1,712

1,290

Estimated Litigation Liability, Current

-

-

-

-

-

-

-

-

-

-

8,018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

4,834

7,362

7,290

7,230

7,232

7,700

7,295

7,144

6,980

7,357

6,666

6,491

6,328

6,679

6,146

5,924

5,758

5,749

5,060

4,927

4,792

4,868

4,272

4,167

4,252

3,935

3,559

3,517

3,424

1,201

3,702

3,479

3,262

3,074

2,628

2,650

0

Compensation and benefits payable

2,323

9,975

6,858

4,612

2,646

15,102

12,726

9,000

5,164

19,075

14,126

9,774

5,260

17,200

13,357

8,754

4,429

20,264

15,449

11,091

5,284

18,504

13,551

8,925

3,666

17,805

13,638

8,362

4,576

14,537

10,710

7,506

3,536

12,677

10,073

7,338

9,369

Accrued stock repurchases

920

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

9,309

9,023

9,102

9,257

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

323

289

254

531

1,254

365

2,198

1,232

977

1,598

722

1,989

4,007

3,148

2,482

3,109

8,434

6,268

1,305

860

2,031

1,498

5,433

-

-

1,031

-

-

-

1,438

-

-

-

85

-

-

173

Deferred acquisition liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

773

939

899

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15

-

13

14

13

13

14

14

13

Total current liabilities

11,698

21,355

17,996

16,016

15,342

27,127

24,740

20,100

16,313

31,531

32,383

21,227

18,077

29,668

25,483

21,332

32,722

44,853

33,550

29,435

15,801

27,204

25,354

15,008

9,797

24,853

19,201

13,723

9,896

18,826

16,206

12,793

8,485

17,523

14,949

12,653

11,744

Accrued dividends

411

1,303

1,100

920

748

1,600

1,349

1,116

856

1,717

1,495

1,269

1,030

1,767

1,536

1,236

956

1,699

1,392

1,144

914

1,450

1,204

994

652

1,266

1,053

824

654

-

-

-

-

-

224

148

-

Operating Lease, Liability, Noncurrent

7,304

7,762

8,158

8,564

8,949

9,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Income Taxes, Noncurrent

-

-

-

-

-

-

0

0

0

1,017

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued dividends

411

1,303

1,100

920

748

1,600

1,349

1,116

856

1,717

1,495

1,269

-

1,767

-

-

-

-

-

-

-

-

-

-

-

-

1,053

824

654

-

-

-

-

-

224

148

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

549

624

1,210

969

1,276

1,212

117

Noncurrent operating lease liabilities

-

-

-

-

-

-

1,866

1,910

1,927

1,998

2,055

2,112

2,161

2,174

1,827

1,844

1,763

817

1,138

1,179

1,216

1,213

1,157

1,196

1,228

1,268

1,194

1,214

1,210

1,238

1,266

1,294

1,321

1,348

1,233

171

90

Total long-term liabilities

-

-

-

-

-

10,907

-

-

-

4,732

-

-

-

3,941

-

-

-

2,516

-

-

-

2,663

-

2,190

1,880

2,534

2,247

2,038

1,864

1,238

1,815

1,918

2,531

2,317

2,733

1,531

207

Total liabilities

19,413

30,420

27,254

25,500

25,039

38,034

27,955

23,126

19,096

36,263

35,933

24,608

21,268

33,609

28,846

24,412

35,441

47,369

36,080

31,758

17,931

29,867

27,715

17,198

11,677

27,387

21,448

15,761

11,760

20,064

18,021

14,711

11,016

19,840

17,682

14,184

11,951

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

Stockholders' Equity:
Common stock, $0.01 par value, authorized 25,000,000 shares, issued 10,548,103 and outstanding 8,780,041 shares at March 31, 2020; issued 10,306,570 and outstanding 8,881,086 shares at December 31, 2019

106

103

103

104

104

102

102

102

102

100

100

100

100

98

99

98

97

94

94

94

93

90

90

90

89

88

88

88

87

85

85

85

85

81

81

81

79

Additional paid-in capital

206,267

203,441

202,278

200,028

197,598

194,116

191,062

187,367

183,591

179,241

176,329

172,096

167,928

162,730

159,615

155,525

147,726

143,797

139,874

135,349

125,661

119,859

116,189

108,846

106,162

103,853

97,928

95,013

91,876

88,483

85,584

82,666

79,473

76,969

74,198

71,564

65,639

Treasury stock, at cost - 1,768,061 shares at March 31, 2020; 1,425,483 shares at December 31, 2019

69,965

63,281

63,335

62,883

62,077

58,711

55,215

55,201

55,201

49,788

50,910

50,868

50,868

44,353

44,863

43,641

43,631

34,910

35,976

35,931

35,893

29,028

29,028

29,008

29,008

23,169

23,169

23,139

22,223

18,502

18,502

18,502

18,109

14,706

14,607

11,367

8,749

Other Long-term Investments

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax

-6,185

-2,943

-3,799

-3,317

-4,052

-

-2,826

-3,442

-2,963

-1,764

-1,849

-3,146

-4,080

-4,287

-3,681

-3,228

-3,385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-

-

-

-

-

-4,883

-

-

-

-1,764

-1,849

-3,146

-4,080

-4,287

-3,681

-3,228

-3,385

-4,688

-3,772

-2,386

-2,619

-1,231

-857

-279

-611

-257

-101

-205

-47

30

691

613

1,505

1,940

1,643

1,633

926

Retained earnings

8,166

10,967

14,812

20,054

24,537

30,525

31,549

32,315

30,491

28,607

31,759

33,142

31,756

31,881

29,682

28,862

28,204

29,674

29,917

27,225

21,685

20,317

18,506

18,346

13,136

8,148

8,732

7,677

6,063

6,455

6,064

6,529

7,304

6,473

5,203

4,623

2,782

Total stockholders' equity

138,389

148,287

150,059

153,986

156,110

161,149

164,672

161,141

156,020

156,396

155,429

151,324

144,836

146,069

140,852

137,616

129,011

133,967

130,137

124,351

108,927

110,007

104,900

97,995

89,768

88,663

83,478

79,434

75,756

76,551

73,922

71,391

70,258

70,757

66,518

66,534

60,677

Total liabilities and stockholders' equity

157,802

178,707

177,313

179,486

181,149

199,183

192,627

184,267

175,116

192,659

191,362

175,932

166,104

179,678

169,698

162,028

164,452

181,336

166,217

156,109

126,858

139,874

132,615

115,193

101,445

116,050

104,926

95,195

87,516

96,615

91,943

86,102

81,274

90,597

84,200

80,718

72,628