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CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Total revenues $ 85,788 $ 88,341 $ 260,478 $ 261,858
Expenses        
Compensation 17,562 42,919 72,464 97,634
Management fee 1,449 4,935 7,565 9,455
Distribution costs 9,819 11,665 29,875 33,373
Other operating expenses 5,258 5,429 16,245 15,900
Total expenses 34,088 64,948 126,149 156,362
Operating income 51,700 23,393 134,329 105,496
Other income (expense)        
Net gain (loss) from investments (4,328) 2,841 (8,090) 2,867
Interest and dividend income 531 745 1,549 1,765
Interest expense (759) (2,688) (2,881) (8,269)
Shareholder-designated contribution (708) (3,857) (884) (3,857)
Total other income/(expense), net (5,264) (2,959) (10,306) (7,494)
Income before income taxes 46,436 20,434 124,023 98,002
Income tax provision 11,420 3,834 30,164 33,688
Net income attributable to GAMCO Investors, Inc.'s shareholders $ 35,016 $ 16,600 $ 93,859 $ 64,314
Net income attributable to GAMCO Investors, Inc.'s shareholders per share:        
Basic (in dollars per share) $ 1.22 $ 0.57 $ 3.26 $ 2.22
Diluted (in dollars per share) $ 1.22 $ 0.55 $ 3.26 $ 2.14
Weighted average shares outstanding:        
Basic (in shares) 28,677 28,926 28,789 28,930
Diluted (in shares) 28,739 31,173 28,824 31,144
Dividends declared: (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.06
Investment Advisory and Incentive Fees [Member]        
Revenues        
Total revenues $ 75,934 $ 77,328 $ 230,616 $ 228,942
Distribution Fees and Other Income [Member]        
Revenues        
Total revenues $ 9,854 $ 11,013 $ 29,862 $ 32,916