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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Operating Revenues:        
Investment advisory and management fees $ 20,694 $ 16,562 $ 38,805 $ 31,357
Performance fees 1,040 294 1,938 474
Total operating revenues 21,734 16,856 40,743 31,831
Operating Expenses:        
Employee compensation and benefits 8,353 7,181 16,170 13,929
Occupancy and technology 1,330 1,168 2,515 2,207
General and administrative 1,187 728 2,271 1,301
Professional fees and services 805 742 1,630 1,557
Total operating expenses 11,675 9,819 22,586 18,994
Operating Income 10,059 7,037 18,157 12,837
Other income 331 217 137 375
Income Before Income Taxes 10,390 7,254 18,294 13,212
Provision for income taxes 4,527 3,185 8,013 5,797
Income tax benefit from release of valuation allowance-(Note 7) 0 (4,964) 0 (4,964)
Total provision for/(benefit from) income taxes 4,527 (1,779) 8,013 833
Net Income $ 5,863 $ 9,033 $ 10,281 $ 12,379
Earnings Per Share:-(Note 8)        
Basic $ 0.25 $ 0.40 $ 0.44 $ 0.54
Diluted $ 0.25 $ 0.39 $ 0.44 $ 0.54
Weighted-Average Shares Outstanding:        
Basic 23,285 22,827 23,320 22,807
Diluted 23,471 23,028 23,496 22,990
Cash dividends declared per share $ 0.83 $ 0.80 $ 0.89 $ 0.85