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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Operating Revenues:        
Investment advisory and management fees $ 23,663 $ 17,849 $ 62,468 $ 49,206
Performance fees 38 217 1,976 691
Total operating revenues 23,701 18,066 64,444 49,897
Operating Expenses:        
Employee compensation and benefits 9,954 8,777 26,124 22,705
Occupancy and technology 1,114 803 3,629 3,009
Professional fees and services 1,519 876 2,986 2,253
General and administrative 640 602 2,104 1,604
Distribution and servicing fees 413 285 1,382 765
Total operating expenses 13,640 11,343 36,225 30,336
Operating Income 10,061 6,723 28,219 19,561
Other income 705 142 842 517
Income Before Income Taxes 10,766 6,865 29,061 20,078
Provision for income taxes 4,687 2,992 12,700 8,789
Income tax benefit from release of valuation allowance-(Note 7)       (4,964)
Total provision for income taxes 4,687 2,992 12,700 3,825
Net Income $ 6,079 $ 3,873 $ 16,361 $ 16,253
Earnings per Share:-(Note 8)        
Basic $ 0.26 $ 0.17 $ 0.70 $ 0.71
Diluted $ 0.26 $ 0.17 $ 0.70 $ 0.70
Weighted-Average Shares Outstanding:        
Basic 23,423 23,073 23,354 22,894
Diluted 23,606 23,262 23,525 23,069
Dividends Declared per Share $ 0.08 $ 0.06 $ 0.97 $ 0.91