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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Investment advisory and incentive fees $ 90,156 $ 77,443 $ 177,953 $ 150,050
Distribution fees and other income 15,767 12,522 30,640 23,875
Institutional research services 2,373 2,325 4,180 4,546
Total revenues 108,296 92,290 212,773 178,471
Expenses        
Compensation 44,045 37,759 87,942 73,411
Management fee 5,144 4,846 9,872 8,826
Distribution costs 15,023 11,871 28,986 22,881
Other operating expenses 6,547 6,030 11,937 10,842
Total expenses 70,759 60,506 138,737 115,960
Operating income 37,537 31,784 74,036 62,511
Other income (expense)        
Net gain from investments 9,744 12,141 16,688 24,432
Interest and dividend income 1,332 2,507 2,473 3,852
Interest expense (2,021) (2,796) (4,013) (6,284)
Shareholder-designated contribution (134) 0 (134) (5,000)
Total other income, net 8,921 11,852 15,014 17,000
Income before income taxes 46,458 43,636 89,050 79,511
Income tax provision 17,135 15,724 31,751 28,919
Net income 29,323 27,912 57,299 50,592
Net income attributable to noncontrolling interests 373 19 395 154
Net income attributable to GAMCO Investors, Inc.'s shareholders $ 28,950 $ 27,893 $ 56,904 $ 50,438
Net income attributable to GAMCO Investors, Inc.'s shareholders        
Basic (in dollars per share) $ 1.14 $ 1.09 $ 2.24 $ 1.96
Diluted (in dollars per share) $ 1.13 $ 1.09 $ 2.22 $ 1.96
Weighted average shares outstanding:        
Basic (in shares) 25,381 25,679 25,431 25,710
Diluted (in shares) 25,586 25,689 25,635 25,723
Dividends declared: (in dollars per share) $ 0.06 $ 0.05 $ 0.12 $ 0.10