$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000090910822000038 Filed on April 26, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$42.26M	$39.01M
YoY Change	8.31%	22.2%
Cost Of Revenue	$817.9K	$880.0K
YoY Change	-7.06%	8.64%
Gross Profit	$41.44M	$38.13M
YoY Change	8.68%	22.57%
Gross Profit Margin	98.06%	97.73%
Selling, General & Admin	$4.897M	$4.684M
YoY Change	4.56%	38.39%
% of Gross Profit	11.82%	12.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$362.9K	$218.7K
YoY Change	65.91%	-17.49%
% of Gross Profit	0.88%	0.57%
Operating Expenses	$23.18M	$25.48M
YoY Change	-9.02%	122.35%
Operating Profit	$19.07M	$13.53M
YoY Change	40.95%	-33.88%
Interest Expense	-$7.539M	$5.660M
YoY Change	-233.2%	-125.27%
% of Operating Profit	-39.53%	41.83%
Other Income/Expense, Net	-$53.03K	-$30.00K
YoY Change	76.77%
Pretax Income	$11.48M	$19.20M
YoY Change	-40.19%	-1093.08%
Income Tax	$3.206M	$4.933M
% Of Pretax Income	27.92%	25.7%
Net Earnings	$9.130M	$13.71M
YoY Change	-33.4%	795.92%
Net Earnings / Revenue	21.61%	35.14%
Basic Earnings Per Share	$2.87	$4.34
Diluted Earnings Per Share	$2.87	$4.34
COMMON SHARES
Basic Shares Outstanding	3.186M shares	3.157M shares
Diluted Shares Outstanding	3.186M shares	3.157M shares

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$58.78M	$80.20M
YoY Change	-26.71%	-17.57%
Cash & Equivalents	$58.78M	$80.19M
Short-Term Investments
Other Short-Term Assets	$3.158M	$2.800M
YoY Change	12.78%	-6.67%
Inventory
Prepaid Expenses
Receivables	$21.13M	$19.70M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$83.07M	$102.7M
YoY Change	-19.11%	-9.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.643M	$6.820M
YoY Change	-17.27%	24.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$13.12M	$142.7M
YoY Change	-90.8%	150.81%
Other Assets	$10.72M	$7.400M
YoY Change	44.91%	-43.51%
Total Long-Term Assets	$178.3M	$157.0M
YoY Change	13.59%	27.05%
TOTAL ASSETS
Total Short-Term Assets	$83.07M	$102.7M
Total Long-Term Assets	$178.3M	$157.0M
Total Assets	$261.4M	$259.7M
YoY Change	0.66%	9.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.965M	$6.900M
YoY Change	15.44%	91.67%
Accrued Expenses	$11.20M	$10.60M
YoY Change	5.67%	1.92%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$24.05M	$21.10M
YoY Change	13.98%	50.71%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$33.97M	$33.40M
YoY Change	1.7%	45.85%
Total Long-Term Liabilities	$33.97M	$33.40M
YoY Change	1.7%	45.85%
TOTAL LIABILITIES
Total Short-Term Liabilities	$24.05M	$21.10M
Total Long-Term Liabilities	$33.97M	$33.40M
Total Liabilities	$58.02M	$54.56M
YoY Change	6.34%	47.83%
SHAREHOLDERS EQUITY
Retained Earnings	$123.6M	$128.6M
YoY Change	-3.9%	8.17%
Common Stock	$83.52M	$85.30M
YoY Change	-2.09%	-5.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$182.6M	$194.4M
YoY Change
Total Liabilities & Shareholders Equity	$261.4M	$259.7M
YoY Change	0.66%	9.45%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	$9.130M	$13.71M
YoY Change	-33.4%	795.92%
Depreciation, Depletion And Amortization	$362.9K	$218.7K
YoY Change	65.91%	-17.49%
Cash From Operating Activities	-$13.68M	-$15.66M
YoY Change	-12.66%	-886.57%
INVESTING ACTIVITIES
Capital Expenditures	$22.91K	$413.4K
YoY Change	-94.46%	258.83%
Acquisitions
YoY Change
Other Investing Activities	$1.857M	$2.000M
YoY Change	-7.15%	-83.69%
Cash From Investing Activities	$1.834M	$1.588M
YoY Change	15.51%	-86.93%
FINANCING ACTIVITIES
Cash Dividend Paid	$4.818M	$3.148M
YoY Change	53.07%
Common Stock Issuance & Retirement, Net	$9.318M	$1.893M
YoY Change	392.18%	-79.38%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$9.927M	-$4.218M
YoY Change	135.36%	-57.83%
NET CHANGE
Cash From Operating Activities	-$13.68M	-$15.66M
Cash From Investing Activities	$1.834M	$1.588M
Cash From Financing Activities	-$9.927M	-$4.218M
Net Change In Cash	-$21.77M	-$18.29M
YoY Change	19.03%	-542.3%
FREE CASH FLOW
Cash From Operating Activities	-$13.68M	-$15.66M
Capital Expenditures	$22.91K	$413.4K
Free Cash Flow	-$13.70M	-$16.07M
YoY Change	-14.76%	-956.92%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000909108
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2022Q1	dei	Document Type DocumentType	10-Q
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q1	dei	Entity File Number EntityFileNumber	000-24498
CY2022Q1	dei	Entity Registrant Name EntityRegistrantName	DIAMOND HILL INVESTMENT GROUP, INC
CY2022Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
CY2022Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	65-0190407
CY2022Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	325 John H. McConnell Blvd., Suite 200
CY2022Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Columbus
CY2022Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
CY2022Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	43215
CY2022Q1	dei	City Area Code CityAreaCode	614
CY2022Q1	dei	Local Phone Number LocalPhoneNumber	255-3333
CY2022Q1	dei	Security12b Title Security12bTitle	Common Stock, no par value
CY2022Q1	dei	Trading Symbol TradingSymbol	DHIL
CY2022Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2022Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2022Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2022Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q1	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3170577	shares
CY2022Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	58779282	USD
CY2021Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	80550393	USD
CY2022Q1	us-gaap	Investments Investments	161930168	USD
CY2021Q4	us-gaap	Investments Investments	166656001	USD
CY2022Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	21133187	USD
CY2021Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	20443562	USD
CY2022Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3157795	USD
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	2555296	USD
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5642790	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6100599	USD
CY2022Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	10723101	USD
CY2021Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	9847552	USD
CY2022Q1	us-gaap	Assets Assets	261366323	USD
CY2021Q4	us-gaap	Assets Assets	286153403	USD
CY2022Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9765278	USD
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8588713	USD
CY2022Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	9400752	USD
CY2021Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	37235418	USD
CY2022Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	4883055	USD
CY2021Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	801740	USD
CY2022Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	33968699	USD
CY2021Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	37348294	USD
CY2022Q1	us-gaap	Liabilities Liabilities	58017784	USD
CY2021Q4	us-gaap	Liabilities Liabilities	83974165	USD
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	20738520	USD
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	17756336	USD
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3191487	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3191487	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	263702	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3171536	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3171536	shares
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	201170	shares
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	83517125	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	80434049	USD
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2022Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2022Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	24476298	USD
CY2021Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	15268705	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	123569192	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	119257558	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	182610019	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	184422902	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	261366323	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	286153403	USD
CY2022Q1	dhil	Book Value Per Share BookValuePerShare	57.22
CY2021Q4	dhil	Book Value Per Share BookValuePerShare	58.15
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	42256386	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	39014433	USD
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	18646894	USD
CY2021Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	16814941	USD
CY2022Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	-1178556	USD
CY2021Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	3102946	USD
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3185971	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2815678	USD
CY2022Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1711160	USD
CY2021Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1868026	USD
CY2022Q1	dhil	Mutual Fund Administration MutualFundAdministration	817878	USD
CY2021Q1	dhil	Mutual Fund Administration MutualFundAdministration	880721	USD
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	23183347	USD
CY2021Q1	us-gaap	Operating Expenses OperatingExpenses	25482312	USD
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	19073039	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	13532121	USD
CY2022Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-7592257	USD
CY2021Q1	us-gaap	Investment Income Net InvestmentIncomeNet	5663454	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	11480782	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	19195575	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3205766	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4932962	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	8275016	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	14262613	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-854936	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	554102	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	9129952	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	13708511	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.87
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.34
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.87
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.34
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3185930	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3156768	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3185930	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3156768	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	184422902	USD
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	17756336	USD
CY2022Q1	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	2248679	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	USD
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	19249	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	437346	USD
CY2022Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	9317661	USD
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4818318	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	9129952	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-854936	USD
CY2022Q1	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	3837120	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	182610019	USD
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	20738520	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	184080753	USD
CY2020Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	9372333	USD
CY2021Q1	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	1397132	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	529806	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	529806	USD
CY2021Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	24000	USD
CY2021Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	258088	USD
CY2021Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	1893146	USD
CY2021Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	3147890	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	13708511	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	554102	USD
CY2021Q1	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	738711	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	194441078	USD
CY2021Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	10665146	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	8275016	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	14262613	USD
CY2022Q1	us-gaap	Depreciation Depreciation	362902	USD
CY2021Q1	us-gaap	Depreciation Depreciation	218731	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2333530	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1481578	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	689625	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1911973	USD
CY2022Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	4081315	USD
CY2021Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	3904225	USD
CY2022Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	875549	USD
CY2021Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1004084	USD
CY2022Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-7998535	USD
CY2021Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	5205321	USD
CY2022Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	5129789	USD
CY2021Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	11456604	USD
CY2022Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-27346796	USD
CY2021Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-19634038	USD
CY2022Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	-3379595	USD
CY2021Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	127135	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-691886	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-1549065	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-13678170	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-15660505	USD
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	22913	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	413441	USD
CY2022Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1684026	USD
CY2021Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1890082	USD
CY2022Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	3541113	USD
CY2021Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	3891396	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1834174	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1587873	USD
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	USD
CY2021Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	258088	USD
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	4818318	USD
CY2021Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	3147890	USD
CY2022Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	3837120	USD
CY2021Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	738711	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9317661	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1893146	USD
CY2022Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	371744	USD
CY2021Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	342528	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9927115	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4217885	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-21771111	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-18290517	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80550393	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	98478202	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58779282	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80187685	USD
CY2022Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
CY2021Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	24653	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	529806	USD
CY2022Q1	dhil	Charitable Donation Of Corporate Investments CharitableDonationOfCorporateInvestments	0	USD
CY2021Q1	dhil	Charitable Donation Of Corporate Investments CharitableDonationOfCorporateInvestments	366555	USD
CY2022Q1	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, the 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>
CY2022Q1	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 amounts and disclosures for prior periods may have been reclassified to conform to the current period's financial presentation.</span></div>
CY2022Q1	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	11600000	USD
CY2021Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	11800000	USD
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	42256386	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	39014433	USD
CY2022Q1	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2022Q1	us-gaap	Equity Method Investments EquityMethodInvestments	13122983	USD
CY2021Q4	us-gaap	Equity Method Investments EquityMethodInvestments	13627360	USD
CY2022Q1	us-gaap	Investments Investments	161930168	USD
CY2021Q4	us-gaap	Investments Investments	166656001	USD
CY2022Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	1443747	USD
CY2021Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	2523505	USD
CY2022Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-9750856	USD
CY2021Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	2505344	USD
CY2022Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	767885	USD
CY2021Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	665009	USD
CY2022Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-53033	USD
CY2021Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-30404	USD
CY2022Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-7592257	USD
CY2021Q1	us-gaap	Investment Income Net InvestmentIncomeNet	5663454	USD
CY2022Q1	dhil	Equity Method Investment Deferred Compensation Plan Investments EquityMethodInvestmentDeferredCompensationPlanInvestments	3400000	USD
CY2022Q1	us-gaap	Equity Method Investments EquityMethodInvestments	13122983	USD
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1251721	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	55274878	USD
CY2022Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	24500000	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	529806	USD
CY2022Q1	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	2.500
CY2022Q1	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.060
CY2022Q1	dhil	Deferred Compensation Arrangement Fully Vested Employee Elected Deferral Period Minimum DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriodMinimum	P5Y
CY2022Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	34000000	USD
CY2021Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	37300000	USD
CY2022Q1	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	37829	sqft
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1500000	USD
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1800000	USD
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	204953	USD
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	209042	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	468134	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	624179	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	624179	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	156045	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	0	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1872537	USD
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.046
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.044
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.013
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.011
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.009
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0
CY2022Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.260
CY2021Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.265
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	-0.019
CY2021Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.008
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.279
CY2021Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.257
CY2022Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.260
CY2022Q1	us-gaap	Profit Loss ProfitLoss	8275016	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	14262613	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-854936	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	554102	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	9129952	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	13708511	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3185930	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3156768	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3185930	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3156768	shares
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.87
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.34
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.87
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.34

Files In Submission

Name	View Source	Status
0000909108-22-000038-index-headers.html	Edgar Link	pending
0000909108-22-000038-index.html	Edgar Link	pending
0000909108-22-000038.txt	Edgar Link	pending
0000909108-22-000038-xbrl.zip	Edgar Link	pending
dhil-20220331.htm	Edgar Link	pending
dhil-20220331.xsd	Edgar Link	pending
dhil-20220331_cal.xml	Edgar Link	unprocessable
dhil-20220331_def.xml	Edgar Link	unprocessable
dhil-20220331_g1.jpg	Edgar Link	pending
dhil-20220331_htm.xml	Edgar Link	completed
dhil-20220331_lab.xml	Edgar Link	unprocessable
dhil-20220331_pre.xml	Edgar Link	unprocessable
ex-311x20220331.htm	Edgar Link	pending
ex-312x20220331.htm	Edgar Link	pending
ex-321x20220331.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
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2022 Q1 Form 10-Q Financial Statement

#000090910822000038 Filed on April 26, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2022 Q1 Form 10-Q Financial Statement

#000090910822000038 Filed on April 26, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil