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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION UNAUDITED (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
ASSETS      
Cash and cash equivalents, including restricted cash of $0, $0 and $62,287, respectively $ 260,839 $ 169,601 $ 321,029
Investments in securities 363,305 305,486 213,079
Investments in partnerships 98,598 82,871 74,107
Receivable from brokers 35,968 46,621 54,548
Investment advisory fees receivable 25,746 44,660 16,844
Income tax receivable and deferred tax assets 238 325 3,436
Other assets 25,964 23,172 20,445
Assets 810,658 672,736 703,488
LIABILITIES AND EQUITY      
Payable to brokers 2,950 1,554 3,351
Income taxes payable and deferred tax liabilities 21,622 23,225 0
Capital lease obligation 5,126 5,182 5,219
Compensation payable 29,484 23,771 18,613
Securities sold, not yet purchased 10,244 19,299 13,652
Mandatorily redeemable noncontrolling interests 1,478 1,444 1,632
Accrued expenses and other liabilities 34,620 23,089 28,146
Sub-total 105,524 97,564 70,613
5.5% Senior notes (due May 15, 2013) 99,000 99,000 99,000
5.875% Senior notes (due June 1, 2021) 100,000 0 0
6% Convertible note (due August 14, 2011; repaid September 30, 2010) 0 0 19,948
6.5% Convertible note (due October 2, 2018; repaid October 13, 2010) 0 0 60,000
Zero coupon subordinated debentures, Face value: $86.4 million (due December 31, 2015) 61,814 59,580 0
Total liabilities 366,338 256,144 249,561
Redeemable noncontrolling interests 35,519 26,984 7,773
Commitments and contingencies (Note J)      
Equity      
Common Stock 33 33 33
Additional paid-in capital 263,371 262,108 254,444
Retained earnings 406,666 370,272 430,605
Accumulated comprehensive income 26,349 25,389 15,960
Treasury stock, at cost (6,922,491, 6,492,282 and 6,218,979 shares, respectively) (291,287) (271,773) (258,956)
Total GAMCO Investors, Inc. stockholders' equity 405,132 386,029 442,086
Noncontrolling interests 3,669 3,579 4,068
Total equity 408,801 389,608 446,154
Total liabilities and equity $ 810,658 $ 672,736 $ 703,488