Segment's Contribution with Respect to Net Revenue, Operating Expenses, Operating Income (Loss) and Total Assets |
Management evaluates segment results based on net revenue and operating income (loss) and believes that the following information provides a reasonable representation of each segment’s contribution with respect to net revenue, operating income (loss) and total assets:
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
|
|
|
|
June 30, |
|
|
June 30, |
|
|
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
Financial Advisory |
|
Net Revenue |
|
$ |
407,885 |
|
|
$ |
451,940 |
|
|
$ |
798,100 |
|
|
$ |
770,352 |
|
|
|
Operating Expenses |
|
|
316,574 |
|
|
|
369,083 |
|
|
|
614,832 |
|
|
|
627,130 |
|
|
|
Operating Income |
|
$ |
91,311 |
|
|
$ |
82,857 |
|
|
$ |
183,268 |
|
|
$ |
143,222 |
|
Asset Management |
|
Net Revenue |
|
$ |
289,151 |
|
|
$ |
365,255 |
|
|
$ |
627,652 |
|
|
$ |
712,745 |
|
|
|
Operating Expenses |
|
|
232,546 |
|
|
|
269,314 |
|
|
|
474,062 |
|
|
|
501,417 |
|
|
|
Operating Income |
|
$ |
56,605 |
|
|
$ |
95,941 |
|
|
$ |
153,590 |
|
|
$ |
211,328 |
|
Corporate |
|
Net Revenue (Loss) |
|
$ |
(57,490 |
) |
|
$ |
5,942 |
|
|
$ |
(91,314 |
) |
|
$ |
147 |
|
|
|
Operating Expenses (Credit) |
|
|
(35,412 |
) |
|
|
18,479 |
|
|
|
(40,022 |
) |
|
|
54,146 |
|
|
|
Operating Loss |
|
$ |
(22,078 |
) |
|
$ |
(12,537 |
) |
|
$ |
(51,292 |
) |
|
$ |
(53,999 |
) |
Total |
|
Net Revenue |
|
$ |
639,546 |
|
|
$ |
823,137 |
|
|
$ |
1,334,438 |
|
|
$ |
1,483,244 |
|
|
|
Operating Expenses |
|
|
513,708 |
|
|
|
656,876 |
|
|
|
1,048,872 |
|
|
|
1,182,693 |
|
|
|
Operating Income |
|
$ |
125,838 |
|
|
$ |
166,261 |
|
|
$ |
285,566 |
|
|
$ |
300,551 |
|
|
|
As Of |
|
|
|
June 30, 2022 |
|
|
December 31, 2021 |
|
Total Assets |
|
|
|
|
|
|
|
|
Financial Advisory |
|
$ |
1,199,214 |
|
|
$ |
1,239,964 |
|
Asset Management |
|
|
910,142 |
|
|
|
1,128,549 |
|
Corporate |
|
|
4,602,440 |
|
|
|
4,778,668 |
|
Total |
|
$ |
6,711,796 |
|
|
$ |
7,147,181 |
|
|