XML 44 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Revenues:    
Investment advisory and management fees $ 27,190 $ 18,111
Performance fees 433 898
Total operating revenues 27,623 19,009
Operating Expenses:    
Employee compensation and benefits 10,395 7,817
Occupancy and technology 1,736 1,185
Professional fees and services 842 712
General and administrative 694 699
Distribution and servicing fees 443 498
Total operating expenses 14,110 10,911
Operating Income 13,513 8,098
Other income/(loss) 409 (194)
Income Before Income Taxes 13,922 7,904
Provision for income taxes 6,028 3,486
Net Income $ 7,894 $ 4,418
Earnings Per Share:-(Note 7)    
Basic $ 0.33 $ 0.19
Diluted $ 0.33 $ 0.19
Weighted-Average Shares Outstanding:    
Basic 23,679 23,355
Diluted 23,798 23,537
Cash Dividends Declared and Paid Per Share-(Note 11) $ 0.08 $ 0.06