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CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Investment advisory and incentive fees $ 77,443 $ 67,210 $ 150,050 $ 134,993
Distribution fees and other income 12,522 11,006 23,875 22,629
Institutional research services 2,325 2,808 4,546 5,151
Total revenues 92,290 81,024 178,471 162,773
Expenses        
Compensation 37,759 32,921 73,411 67,475
Management fee 4,846 2,615 8,826 6,799
Distribution costs 11,871 10,012 22,881 20,189
Other operating expenses 6,030 5,109 10,842 10,931
Total expenses 60,506 50,657 115,960 105,394
Operating income 31,784 30,367 62,511 57,379
Other income (expense)        
Net gain from investments 12,141 (4,171) 24,432 9,707
Interest and dividend income 2,507 1,782 3,852 3,018
Interest expense (2,796) (4,429) (6,284) (8,833)
Shareholder-designated contribution 0 0 (5,000) 0
Total other income, net 11,852 (6,818) 17,000 3,892
Income before income taxes 43,636 23,549 79,511 61,271
Income tax provision 15,724 8,686 28,919 22,442
Net income 27,912 14,863 50,592 38,829
Net income attributable to noncontrolling interests 19 (242) 154 (112)
Net income attributable to GAMCO Investors, Inc.'s shareholders $ 27,893 $ 15,105 $ 50,438 $ 38,941
Net income attributable to GAMCO Investors, Inc.'s shareholders        
Basic (in dollars per share) $ 1.09 $ 0.58 $ 1.96 $ 1.48
Diluted (in dollars per share) $ 1.09 $ 0.57 $ 1.96 $ 1.47
Weighted average shares outstanding:        
Basic (in shares) 25,679 26,258 25,710 26,338
Diluted (in shares) 25,689 26,426 25,723 26,501
Dividends declared: (in dollars per share) $ 0.05 $ 0.29 $ 0.10 $ 0.33