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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 69,623 $ 67,928
Expenses:    
Compensation 29,058 30,682
Management fee 1,312 2,517
Distribution costs 7,145 6,971
Other operating expenses 6,147 5,304
Total expenses 43,662 45,474
Operating income 25,961 22,454
Non-operating income / (loss)    
Gain/(Loss) from investments, net (2,822) 680
Interest and dividend income 228 185
Interest expense (816) (662)
Total non-operating income / (loss) (3,410) 203
Income before income taxes 22,551 22,657
Provision for income taxes 5,097 6,707
Net income $ 17,454 $ 15,950
Earnings per share:    
Basic (in dollars per share) $ 0.67 $ 0.60
Diluted (in dollars per share) $ 0.66 $ 0.59
Weighted average shares outstanding:    
Basic (in shares) 26,237 26,393
Diluted (in shares) 26,493 26,887
Investment Advisory and Incentive Fees [Member]    
Revenues:    
Total revenues $ 63,762 $ 61,470
Distribution Fees and Other Income [Member]    
Revenues:    
Total revenues $ 5,861 $ 6,458