$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000090910821000042 Filed on April 26, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$39.01M	$31.93M
YoY Change	22.2%	-2.01%
Cost Of Revenue	$880.0K	$810.0K
YoY Change	8.64%	-5.81%
Gross Profit	$38.13M	$31.11M
YoY Change	22.57%	-1.92%
Gross Profit Margin	97.73%	97.44%
Selling, General & Admin	$4.684M	$3.384M
YoY Change	38.39%	-26.67%
% of Gross Profit	12.28%	10.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$218.7K	$265.1K
YoY Change	-17.49%	-6.19%
% of Gross Profit	0.57%	0.85%
Operating Expenses	$25.48M	$11.46M
YoY Change	122.35%	-46.56%
Operating Profit	$13.53M	$20.47M
YoY Change	-33.88%	83.81%
Interest Expense	$5.660M	-$22.40M
YoY Change	-125.27%	-256.86%
% of Operating Profit	41.83%	-109.45%
Other Income/Expense, Net	-$30.00K
YoY Change
Pretax Income	$19.20M	-$1.933M
YoY Change	-1093.08%	-107.6%
Income Tax	$4.933M	$595.4K
% Of Pretax Income	25.7%
Net Earnings	$13.71M	$1.530M
YoY Change	795.92%	-90.96%
Net Earnings / Revenue	35.14%	4.79%
Basic Earnings Per Share	$4.34	$0.47
Diluted Earnings Per Share	$4.34	$0.47
COMMON SHARES
Basic Shares Outstanding	3.157M shares	3.273M shares
Diluted Shares Outstanding	3.157M shares	3.273M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$80.20M	$97.30M
YoY Change	-17.57%	5.65%
Cash & Equivalents	$80.19M	$97.31M
Short-Term Investments
Other Short-Term Assets	$2.800M	$3.000M
YoY Change	-6.67%	20.0%
Inventory
Prepaid Expenses
Receivables	$19.70M	$13.40M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$102.7M	$113.7M
YoY Change	-9.67%	1.52%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.820M	$5.472M
YoY Change	24.64%	-13.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$142.7M	$56.90M
YoY Change	150.81%	22.99%
Other Assets	$7.400M	$13.10M
YoY Change	-43.51%	9.17%
Total Long-Term Assets	$157.0M	$123.5M
YoY Change	27.05%	-32.55%
TOTAL ASSETS
Total Short-Term Assets	$102.7M	$113.7M
Total Long-Term Assets	$157.0M	$123.5M
Total Assets	$259.7M	$237.2M
YoY Change	9.45%	-19.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.900M	$3.600M
YoY Change	91.67%	-59.09%
Accrued Expenses	$10.60M	$10.40M
YoY Change	1.92%	30.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$21.10M	$14.00M
YoY Change	50.71%	-35.48%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$33.40M	$22.90M
YoY Change	45.85%	-14.55%
Total Long-Term Liabilities	$33.40M	$22.90M
YoY Change	45.85%	-14.55%
TOTAL LIABILITIES
Total Short-Term Liabilities	$21.10M	$14.00M
Total Long-Term Liabilities	$33.40M	$22.90M
Total Liabilities	$54.56M	$36.91M
YoY Change	47.83%	-23.89%
SHAREHOLDERS EQUITY
Retained Earnings	$128.6M	$118.9M
YoY Change	8.17%	8.47%
Common Stock	$85.30M	$90.60M
YoY Change	-5.85%	-27.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$194.4M	$190.8M
YoY Change
Total Liabilities & Shareholders Equity	$259.7M	$237.2M
YoY Change	9.45%	-19.62%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$13.71M	$1.530M
YoY Change	795.92%	-90.96%
Depreciation, Depletion And Amortization	$218.7K	$265.1K
YoY Change	-17.49%	-6.19%
Cash From Operating Activities	-$15.66M	$1.991M
YoY Change	-886.57%	-87.62%
INVESTING ACTIVITIES
Capital Expenditures	$413.4K	$115.2K
YoY Change	258.83%	26.59%
Acquisitions
YoY Change
Other Investing Activities	$2.000M	$12.26M
YoY Change	-83.69%	-752.13%
Cash From Investing Activities	$1.588M	$12.15M
YoY Change	-86.93%	-717.24%
FINANCING ACTIVITIES
Cash Dividend Paid	$3.148M	$0.00
YoY Change
Common Stock Issuance & Retirement, Net	$1.893M	$9.183M
YoY Change	-79.38%	16.13%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$4.218M	-$10.00M
YoY Change	-57.83%	56.49%
NET CHANGE
Cash From Operating Activities	-$15.66M	$1.991M
Cash From Investing Activities	$1.588M	$12.15M
Cash From Financing Activities	-$4.218M	-$10.00M
Net Change In Cash	-$18.29M	$4.135M
YoY Change	-542.3%	-46.43%
FREE CASH FLOW
Cash From Operating Activities	-$15.66M	$1.991M
Capital Expenditures	$413.4K	$115.2K
Free Cash Flow	-$16.07M	$1.876M
YoY Change	-956.92%	-88.27%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000909108
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity File Number EntityFileNumber	000-24498
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	DIAMOND HILL INVESTMENT GROUP, INC
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	65-0190407
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	325 John H. McConnell Blvd., Suite 200
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Columbus
CY2021Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	43215
CY2021Q1	dei	City Area Code CityAreaCode	614
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	255-3333
CY2021Q1	dei	Security12b Title Security12bTitle	Common Stock, no par value
CY2021Q1	dei	Trading Symbol TradingSymbol	DHIL
CY2021Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3193930	shares
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	80187685	USD
CY2020Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	98478202	USD
CY2021Q1	us-gaap	Investments Investments	142695192	USD
CY2020Q4	us-gaap	Investments Investments	128401136	USD
CY2021Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	19717837	USD
CY2020Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	17805864	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	80810946	USD
CY2021Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2021Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2020Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	19440920	USD
CY2020Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	14748118	USD
CY2021Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	128578546	USD
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CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	194441078	USD
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CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	259665393	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	263097341	USD
CY2021Q1	dhil	Book Value Per Share BookValuePerShare	60.81
CY2020Q4	dhil	Book Value Per Share BookValuePerShare	58.09
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	39014433	USD
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CY2021Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	16814941	USD
CY2020Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	15417176	USD
CY2021Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	3102946	USD
CY2021Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	2810871	USD
CY2020Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	2977759	USD
CY2021Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	0	USD
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CY2021Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6820446	USD
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CY2021Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	7433362	USD
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CY2021Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9306239	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8002303	USD
CY2021Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	8236156	USD
CY2020Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	28400000	USD
CY2021Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	3647687	USD
CY2020Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	USD
CY2020Q1	dhil	Mutual Fund Administration MutualFundAdministration	814953	USD
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CY2020Q4	us-gaap	Liabilities Liabilities	69644255	USD
CY2021Q1	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	10665146	USD
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CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2021Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3197634	shares
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CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	215352	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3168823	shares
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CY2020Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	183718	shares
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	85303452	USD
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CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	13532121	USD
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CY2021Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	127135	USD
CY2020Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	-7475032	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-1549065	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	2039894	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-15660505	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1990996	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	413441	USD
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CY2021Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1890082	USD
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CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1587873	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	12145851	USD
CY2021Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	258088	USD
CY2020Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	252968	USD
CY2021Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	3147890	USD
CY2020Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	0	USD
CY2021Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	738711	USD
CY2020Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-565998	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1893146	USD
CY2020Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9182577	USD
CY2021Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	342528	USD
CY2020Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	0	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4217885	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10001543	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-18290517	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	4135304	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	98478202	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	93176253	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80187685	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	97311557	USD
CY2021Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	24653	USD
CY2020Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	529806	USD
CY2020Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3396359	USD
CY2021Q1	dhil	Charitable Donation Of Corporate Investments CharitableDonationOfCorporateInvestments	366555	USD
CY2020Q1	dhil	Charitable Donation Of Corporate Investments CharitableDonationOfCorporateInvestments	0	USD
CY2021Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions related to the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expense during the period. Actual results could differ from those estimates.</span></div>
CY2021Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Reclassification</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts and disclosures may have been reclassified to conform to the current period's financial presentation.</span></div>
CY2021Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	Segment
CY2021Q1	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	12300000	USD
CY2020Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	10500000	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	39014433	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	31925745	USD
CY2021Q1	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2021Q1	dhil	Advance Commissions Amortization Period AdvanceCommissionsAmortizationPeriod	P12M
CY2021Q1	us-gaap	Investments Investments	142695192	USD
CY2020Q4	us-gaap	Investments Investments	128401136	USD
CY2021Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	2523505	USD
CY2020Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-817539	USD
CY2021Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	2505344	USD
CY2020Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-22467598	USD
CY2021Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	665009	USD
CY2020Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	894413	USD
CY2021Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-30404	USD
CY2020Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-7368	USD
CY2021Q1	us-gaap	Investment Income Net InvestmentIncomeNet	5663454	USD
CY2020Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-22398092	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	529806	USD
CY2021Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	77122682	USD
CY2021Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	19400000	USD
CY2020Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3396359	USD
CY2021Q1	dhil	Deferred Compensation Arrangement Fully Vested Employee Elected Deferral Period Minimum DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriodMinimum	P5Y
CY2021Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	33400000	USD
CY2020Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	33200000	USD
CY2021Q1	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	37829	sqft
CY2021Q1	dhil	Lessee Leasing Agreements Operating Leaseslocations LesseeLeasingAgreementsOperatingLeaseslocations	1	location
CY2021Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1900000	USD
CY2021Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	2400000	USD
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	209042	USD
CY2020Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	225858	USD
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.011
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	468134	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	624179	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	624179	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	624179	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	156045	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	2496716	USD
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.044
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.045
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.023
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.002
CY2021Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.265
CY2020Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.280
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.008
CY2020Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.588
CY2021Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.257
CY2020Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.308
CY2021Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.265
CY2021Q1	us-gaap	Profit Loss ProfitLoss	14262613	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	-2528368	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	554102	USD
CY2020Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-4058476	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	13708511	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	1530108	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3156768	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3272761	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3156768	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3272761	shares
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.34
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.47
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.34
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.47

Files In Submission

Name	View Source	Status
0000909108-21-000042-index-headers.html	Edgar Link	pending
0000909108-21-000042-index.html	Edgar Link	pending
0000909108-21-000042.txt	Edgar Link	pending
0000909108-21-000042-xbrl.zip	Edgar Link	pending
dhil-20210331.htm	Edgar Link	pending
dhil-20210331.xsd	Edgar Link	pending
dhil-20210331_cal.xml	Edgar Link	unprocessable
dhil-20210331_def.xml	Edgar Link	unprocessable
dhil-20210331_g1.jpg	Edgar Link	pending
dhil-20210331_htm.xml	Edgar Link	completed
dhil-20210331_lab.xml	Edgar Link	unprocessable
dhil-20210331_pre.xml	Edgar Link	unprocessable
ex-101x20210331.htm	Edgar Link	pending
ex-311x20210331.htm	Edgar Link	pending
ex-312x20210331.htm	Edgar Link	pending
ex-321x20210331.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2021 Q1 Form 10-Q Financial Statement

#000090910821000042 Filed on April 26, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2021 Q1 Form 10-Q Financial Statement

#000090910821000042 Filed on April 26, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil