Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information (Unaudited) [Abstract]

R. Quarterly Financial Information (Unaudited)

Quarterly financial information for the years ended December 31, 2018 and 2017 is presented below.

	2018
	1st		2nd		3rd		4th		Total

Revenues	$	87,497	$	87,193	$	85,788	$	80,977	$	341,455
Operating income		41,256		41,373		51,700		52,458		186,787
Net income attributable to GAMCO
Investors, Inc.'s shareholders		27,261		31,582		35,016		23,337		117,196
Net income attributable to GAMCO
Investors, Inc.'s shareholders per share:
Basic		0.94		1.10		1.22		0.82		4.08
Diluted	$	0.94	$	1.10	$	1.22	$	0.81	$	4.07

	2017
	1st		2nd		3rd		4th		Total

Revenues	$	85,917	$	87,600	$	88,341	$	98,666	$	360,524
Operating income		42,443		39,660		23,393		39,524		145,020
Net income attributable to GAMCO
Investors, Inc.'s shareholders		24,820		22,894		16,600		13,495		77,809
Net income attributable to GAMCO
Investors, Inc.'s shareholders per share:
Basic		0.86		0.79		0.57		0.46		2.68
Diluted	$	0.82	$	0.76	$	0.55	$	0.46	$	2.60

During the fourth quarter of 2017, the Board of Directors accelerated the vesting relating to 144,650 RSAs resulting in recognition of $1.3 million in stock compensation expense, or $0.02 per fully diluted share.

During the fourth quarter of 2017, the Company recorded a $3.3 million loss on early extinguishment of debt when it repurchased the $110 million 4.5% Convertible note due August 15, 2021.

As a result of the enactment of the Tax Cuts and Jobs Act in December 2017, the Company recorded an increase in expense of $8.2 million reflecting the net write-down to its deferred tax assets and deferred tax liabilities.