$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000090910823000048 Filed on August 03, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$35.55M	$33.35M
YoY Change	-7.08%	-14.53%
Cost Of Revenue	$830.0K	$823.1K
YoY Change	1.23%	-1.72%
Gross Profit	$34.73M	$32.53M
YoY Change	-7.25%	-14.81%
Gross Profit Margin	97.68%	97.53%
Selling, General & Admin	$5.387M	$5.359M
YoY Change	3.51%	-0.76%
% of Gross Profit	15.51%	16.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$320.0K	$327.0K
YoY Change	-3.42%	-7.29%
% of Gross Profit	0.92%	1.01%
Operating Expenses	$23.19M	$25.56M
YoY Change	4.32%	36.2%
Operating Profit	$12.36M	$7.786M
YoY Change	-22.9%	-61.55%
Interest Expense	-$4.610M	$6.361M
YoY Change	282.46%	-136.1%
% of Operating Profit	-37.29%	81.69%
Other Income/Expense, Net	-$4.637M	$6.277M
YoY Change	36239.75%	-10800.15%
Pretax Income	$7.724M	$14.06M
YoY Change	-47.86%	446.42%
Income Tax	$2.524M	$3.894M
% Of Pretax Income	32.67%	27.69%
Net Earnings	$6.473M	$9.432M
YoY Change	-46.12%	113.75%
Net Earnings / Revenue	18.21%	28.28%
Basic Earnings Per Share	$2.20	$3.18
Diluted Earnings Per Share	$2.20	$3.18
COMMON SHARES
Basic Shares Outstanding	2.945M shares	2.970M shares
Diluted Shares Outstanding	2.939M shares	2.970M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$45.70M	$38.66M
YoY Change	-27.68%	-33.92%
Cash & Equivalents	$45.74M	$38.66M
Short-Term Investments
Other Short-Term Assets	$3.900M	$3.050M
YoY Change	5.63%	-1.71%
Inventory
Prepaid Expenses
Receivables	$22.60M	$18.96M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$72.20M	$60.67M
YoY Change	-16.25%	-24.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.032M	$3.472M
YoY Change	-35.77%	-32.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$27.59M	$27.67M
YoY Change	28.33%	146.19%
Other Assets	$13.50M	$12.55M
YoY Change	-9.06%	-5.86%
Total Long-Term Assets	$182.1M	$180.0M
YoY Change	15.65%	5.01%
TOTAL ASSETS
Total Short-Term Assets	$72.20M	$60.67M
Total Long-Term Assets	$182.1M	$180.0M
Total Assets	$254.3M	$240.6M
YoY Change	4.36%	-4.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$11.30M	$6.326M
YoY Change	6.0%	-42.13%
Accrued Expenses	$21.70M	$14.39M
YoY Change	-15.76%	-22.42%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$33.00M	$20.72M
YoY Change	-9.39%	-29.72%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$32.40M	$33.21M
YoY Change	14.79%	13.44%
Total Long-Term Liabilities	$32.40M	$33.21M
YoY Change	14.79%	13.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.00M	$20.72M
Total Long-Term Liabilities	$32.40M	$33.21M
Total Liabilities	$65.40M	$53.93M
YoY Change	1.17%	-8.21%
SHAREHOLDERS EQUITY
Retained Earnings	$144.2M	$142.1M
YoY Change	10.32%	15.29%
Common Stock	$37.60M	$42.90M
YoY Change	-32.75%	-39.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$163.6M	$163.9M
YoY Change
Total Liabilities & Shareholders Equity	$254.3M	$240.6M
YoY Change	4.36%	-4.59%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$6.473M	$9.432M
YoY Change	-46.12%	113.75%
Depreciation, Depletion And Amortization	$320.0K	$327.0K
YoY Change	-3.42%	-7.29%
Cash From Operating Activities	$13.52M	$11.89M
YoY Change	-14.03%	-15.9%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$7.830K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$430.0K	-$529.9K
YoY Change	-106.16%	47.87%
Cash From Investing Activities	-$430.0K	-$537.8K
YoY Change	-106.16%	50.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-6.010M	-13.03M
YoY Change	-66.66%	-7.3%
NET CHANGE
Cash From Operating Activities	13.52M	11.89M
Cash From Investing Activities	-430.0K	-537.8K
Cash From Financing Activities	-6.010M	-13.03M
Net Change In Cash	7.080M	-1.678M
YoY Change	51.05%	506.21%
FREE CASH FLOW
Cash From Operating Activities	$13.52M	$11.89M
Capital Expenditures	$0.00	$7.830K
Free Cash Flow	$13.52M	$11.89M
YoY Change	-14.03%	-15.96%

Facts In Submission

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CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3041274	usd
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	us-gaap	Gain Loss On Investments GainLossOnInvestments	12118180	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-26202205	usd
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	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-19895874	usd
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	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-3730692	usd
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	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.045
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.021
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.015
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.006
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.018
	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.285
	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.252
	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.019
	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	-0.073
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.266
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.325
CY2023Q2	us-gaap	Profit Loss ProfitLoss	10168949	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	1215764	usd
	us-gaap	Profit Loss ProfitLoss	24271996	usd
	us-gaap	Profit Loss ProfitLoss	9490780	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	736470	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-3197122	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2131965	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-4052058	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	9432479	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	4412886	usd
	us-gaap	Net Income Loss NetIncomeLoss	22140031	usd
	us-gaap	Net Income Loss NetIncomeLoss	13542838	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2970357	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3153084	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2997574	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3169416	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2970357	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3153084	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2997574	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3169416	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.18
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.40
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.39
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.27
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.18
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.40
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.39
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.27
	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
0000909108-23-000048-index-headers.html	Edgar Link	pending
0000909108-23-000048-index.html	Edgar Link	pending
0000909108-23-000048.txt	Edgar Link	pending
0000909108-23-000048-xbrl.zip	Edgar Link	pending
dhil-20230630.htm	Edgar Link	pending
dhil-20230630.xsd	Edgar Link	pending
dhil-20230630_g1.jpg	Edgar Link	pending
ex-311x20230630.htm	Edgar Link	pending
ex-312x20230630.htm	Edgar Link	pending
ex-321x20230630.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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dhil-20230630_cal.xml	Edgar Link	unprocessable
dhil-20230630_def.xml	Edgar Link	unprocessable
dhil-20230630_lab.xml	Edgar Link	unprocessable
dhil-20230630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
dhil-20230630_htm.xml	Edgar Link	completed
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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

2023 Q3 Form 10-Q Financial Statement

#000090910823000048 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2023 Q3 Form 10-Q Financial Statement

#000090910823000048 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil