$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000090910823000061 Filed on October 31, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$33.82M	$35.55M
YoY Change	-3.24%	-7.08%
Cost Of Revenue	$828.5K	$830.0K
YoY Change	1.08%	1.23%
Gross Profit	$32.99M	$34.73M
YoY Change	-3.34%	-7.25%
Gross Profit Margin	97.55%	97.68%
Selling, General & Admin	$24.85M	$5.387M
YoY Change	9.73%	3.51%
% of Gross Profit	75.31%	15.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$316.9K	$320.0K
YoY Change	-4.16%	-3.42%
% of Gross Profit	0.96%	0.92%
Operating Expenses	$28.58M	$23.19M
YoY Change	13.58%	4.32%
Operating Profit	$4.415M	$12.36M
YoY Change	-50.8%	-22.9%
Interest Expense	$13.36M	-$4.610M
YoY Change	1.47%	282.46%
% of Operating Profit	302.68%	-37.29%
Other Income/Expense, Net	-$14.61K	-$4.637M
YoY Change	-73.32%	36239.75%
Pretax Income	$17.76M	$7.724M
YoY Change	-19.58%	-47.86%
Income Tax	$4.151M	$2.524M
% Of Pretax Income	23.37%	32.67%
Net Earnings	$13.61M	$6.473M
YoY Change	-8.5%	-46.12%
Net Earnings / Revenue	40.25%	18.21%
Basic Earnings Per Share		$2.20
Diluted Earnings Per Share	$4.76	$2.20
COMMON SHARES
Basic Shares Outstanding	2.878M shares	2.945M shares
Diluted Shares Outstanding		2.939M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$46.99M	$45.70M
YoY Change	-25.64%	-27.68%
Cash & Equivalents	$46.99M	$45.74M
Short-Term Investments
Other Short-Term Assets	$3.509M	$3.900M
YoY Change	2.16%	5.63%
Inventory
Prepaid Expenses
Receivables	$18.05M	$22.60M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$68.55M	$72.20M
YoY Change	-18.35%	-16.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.592M	$3.032M
YoY Change	-40.4%	-35.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$84.53M	$27.59M
YoY Change	250.66%	28.33%
Other Assets	$11.59M	$13.50M
YoY Change	-19.37%	-9.06%
Total Long-Term Assets	$163.5M	$182.1M
YoY Change	-1.4%	15.65%
TOTAL ASSETS
Total Short-Term Assets	$68.55M	$72.20M
Total Long-Term Assets	$163.5M	$182.1M
Total Assets	$232.1M	$254.3M
YoY Change	-7.1%	4.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.390M	$11.30M
YoY Change	-30.7%	6.0%
Accrued Expenses	$30.30M	$21.70M
YoY Change	-9.55%	-15.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$35.69M	$33.00M
YoY Change	-13.54%	-9.39%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$36.09M	$32.40M
YoY Change	17.38%	14.79%
Total Long-Term Liabilities	$36.09M	$32.40M
YoY Change	17.38%	14.79%
TOTAL LIABILITIES
Total Short-Term Liabilities	$35.69M	$33.00M
Total Long-Term Liabilities	$36.09M	$32.40M
Total Liabilities	$71.78M	$65.40M
YoY Change	-0.34%	1.17%
SHAREHOLDERS EQUITY
Retained Earnings	$153.5M	$144.2M
YoY Change	19.03%	10.32%
Common Stock	$22.16M	$37.60M
YoY Change	-57.12%	-32.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$160.3M	$163.6M
YoY Change
Total Liabilities & Shareholders Equity	$232.1M	$254.3M
YoY Change	-7.1%	4.36%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$13.61M	$6.473M
YoY Change	-8.5%	-46.12%
Depreciation, Depletion And Amortization	$316.9K	$320.0K
YoY Change	-4.16%	-3.42%
Cash From Operating Activities	$23.04M	$13.52M
YoY Change	-1.08%	-14.03%
INVESTING ACTIVITIES
Capital Expenditures	$1.710K	$0.00
YoY Change	-97.82%
Acquisitions
YoY Change
Other Investing Activities	-$2.357M	-$430.0K
YoY Change	0.34%	-106.16%
Cash From Investing Activities	-$2.357M	-$430.0K
YoY Change	-2.91%	-106.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-19.43M	-6.010M
YoY Change	-6.84%	-66.66%
NET CHANGE
Cash From Operating Activities	23.04M	13.52M
Cash From Investing Activities	-2.357M	-430.0K
Cash From Financing Activities	-19.43M	-6.010M
Net Change In Cash	1.250M	7.080M
YoY Change	22512.84%	51.05%
FREE CASH FLOW
Cash From Operating Activities	$23.04M	$13.52M
Capital Expenditures	$1.710K	$0.00
Free Cash Flow	$23.04M	$13.52M
YoY Change	-0.76%	-14.03%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	25336181	usd
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2918762	shares
	us-gaap	Profit Loss ProfitLoss	19863180	usd
	us-gaap	Depreciation Depreciation	972416	usd
	us-gaap	Depreciation Depreciation	1046949	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	8980313	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	8040241	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5268228	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1108806	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	494715	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-2460635	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-888205	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	4997424	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	14126198	usd
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2918762	shares
CY2023Q3	dhil	Gain Loss On Derecognition Of Nonfinancial Assets GainLossOnDerecognitionOfNonfinancialAssets	0	usd
CY2022Q3	dhil	Gain Loss On Derecognition Of Nonfinancial Assets GainLossOnDerecognitionOfNonfinancialAssets	6813579	usd
	dhil	Gain Loss On Derecognition Of Nonfinancial Assets GainLossOnDerecognitionOfNonfinancialAssets	0	usd
	dhil	Gain Loss On Derecognition Of Nonfinancial Assets GainLossOnDerecognitionOfNonfinancialAssets	6813579	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4636952	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1218127	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	9722494	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-26488257	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	7724242	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	14814470	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	40811438	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	28868891	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2523649	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4442070	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11338849	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9005711	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	5200593	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	10372400	usd
	us-gaap	Profit Loss ProfitLoss	29472589	usd
	us-gaap	Profit Loss ProfitLoss	19863180	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1272839	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1642040	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	859126	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-5694098	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	6473432	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	8.14
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2977853	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3138834	shares
CY2023Q3	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	47368	usd
CY2023Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	804082	usd
CY2023Q3	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	34429	usd
CY2023Q3	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	4734408	usd
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4408948	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	6473432	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-1272839	usd
CY2023Q3	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	3865022	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	163572435	usd
CY2022Q3	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	2775945	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	79861	usd
CY2022Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	798918	usd
CY2022Q3	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	13971245	usd
CY2022Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4585945	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	12014440	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-1642040	usd
CY2022Q3	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	1263407	usd
CY2022Q3	dhil	Noncontrolling Interest Increase Decreasefrom Consolidation Deconsolidation NoncontrollingInterestIncreaseDecreasefromConsolidationDeconsolidation	-9528503	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	166634925	usd
CY2022Q3	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	12393053	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	163672245	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	14126198	usd
	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	8897748	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	16344	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	441527	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	4977863	usd
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	106670	usd
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	19672433	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	13418596	usd
	us-gaap	Net Income Loss NetIncomeLoss	28613463	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	859126	usd
	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	10350857	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	163572435	usd
CY2023Q3	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	25336181	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	184422902	usd
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	17756336	usd
	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	7916049	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	37313	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	579196	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2580328	usd
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	35670493	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	14114862	usd
	us-gaap	Net Income Loss NetIncomeLoss	25557278	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-5694098	usd
	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	9859318	usd
	dhil	Noncontrolling Interest Increase Decreasefrom Consolidation Deconsolidation NoncontrollingInterestIncreaseDecreasefromConsolidationDeconsolidation	-9528503	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	166634925	usd
CY2022Q3	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	12393053	usd
	us-gaap	Profit Loss ProfitLoss	29472589	usd
	dhil	Gain Loss On Derecognition Of Nonfinancial Assets GainLossOnDerecognitionOfNonfinancialAssets	0	usd
	dhil	Gain Loss On Derecognition Of Nonfinancial Assets GainLossOnDerecognitionOfNonfinancialAssets	6813579	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	6194268	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-35007945	usd
	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	10930911	usd
	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	17490298	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-11292276	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-12487267	usd
	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	1610284	usd
	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	-9121625	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2898329	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-4496050	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11631168	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16192343	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21705	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	22912	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	6626384	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	5167583	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	4799073	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	6838001	usd
	dhil	Proceeds From Sale Of Nonfinancial Assets ProceedsFromSaleOfNonfinancialAssets	0	usd
	dhil	Proceeds From Sale Of Nonfinancial Assets ProceedsFromSaleOfNonfinancialAssets	6813579	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1849016	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	8461085	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4977863	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2580328	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	13418596	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	14114862	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	10350857	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	9859318	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	19565763	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	35670493	usd
	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	375306	usd
	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	492317	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-27236059	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-42014048	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-17453907	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-17360620	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	63195302	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80550393	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45741395	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	63189773	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	9955929	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	16463770	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
CY2023Q3	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	44600000	usd
CY2022Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	2800000	usd
CY2022Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	60400000	usd
	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 accompanying unaudited, condensed, and consolidated financial statements requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements as well as the reported amounts of revenue and expense during the reporting period. Estimates have been prepared based on the most current and best available information, but actual results could differ materially from those estimates.</span></div>
	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 have been reclassified to conform to the current period’s financial presentation.</span></div>
CY2023Q3	us-gaap	Demand Deposit Accounts DemandDepositAccounts	1200000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	119542174	usd
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2023Q3	dhil	Potential Variable Fees Based Upon Current Investment Results PotentialVariableFeesBasedUponCurrentInvestmentResults	1200000	usd
	dhil	Potential Variable Fees Based Upon Current Investment Results PotentialVariableFeesBasedUponCurrentInvestmentResults	1200000	usd
	dhil	Potential Variable Fees Based Upon Current Investment Results PotentialVariableFeesBasedUponCurrentInvestmentResults	1500000	usd
CY2022Q3	dhil	Potential Variable Fees Based Upon Current Investment Results PotentialVariableFeesBasedUponCurrentInvestmentResults	1500000	usd
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2023Q3	us-gaap	Equity Method Investments EquityMethodInvestments	27588184	usd
CY2023Q3	us-gaap	Investments Investments	164628201	usd
CY2022Q4	us-gaap	Investments Investments	145675711	usd
CY2023Q3	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	211446	usd
CY2022Q3	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-162973	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	1017983	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-432444	usd
CY2023Q3	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-6283344	usd
CY2022Q3	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-8742185	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	4367873	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-35262608	usd
CY2023Q3	us-gaap	Investment Income Dividend InvestmentIncomeDividend	1457543	usd
CY2022Q3	us-gaap	Investment Income Dividend InvestmentIncomeDividend	886212	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	4497091	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	2517672	usd
CY2023Q3	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-22597	usd
CY2022Q3	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-12760	usd
	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-160453	usd
	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-124456	usd
CY2023Q3	us-gaap	Investment Income Net InvestmentIncomeNet	-4636952	usd
CY2022Q3	us-gaap	Investment Income Net InvestmentIncomeNet	-8031706	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	9722494	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	-33301836	usd
CY2023Q3	dhil	Equity Method Investment Deferred Compensation Plan Investments EquityMethodInvestmentDeferredCompensationPlanInvestments	5200000	usd
CY2023Q3	us-gaap	Equity Method Investments EquityMethodInvestments	27588184	usd
CY2023Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-85509	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2738071	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	44562025	usd
CY2023Q3	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	18200000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	487870	usd
	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	2.500
	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.060
	dhil	Deferred Compensation Arrangement Fully Vested Employee Elected Deferral Period Minimum DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriodMinimum	P5Y
CY2023Q3	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	32400000	usd
	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	37829	sqft
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	800000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	900000	usd
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	234336	usd
CY2022Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	237471	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	674749	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	681025	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	156045	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	624179	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	156045	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	0	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	0	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	936269	usd
	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	0.049
	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	0.020
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.018
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.005
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.012
	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.284
	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.261
	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.006
	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	-0.051
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.278
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.312
CY2023Q3	us-gaap	Profit Loss ProfitLoss	5200593	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	10372400	usd
	us-gaap	Profit Loss ProfitLoss	29472589	usd
	us-gaap	Profit Loss ProfitLoss	19863180	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1272839	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1642040	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	859126	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-5694098	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	6473432	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	12014440	usd
	us-gaap	Net Income Loss NetIncomeLoss	28613463	usd
	us-gaap	Net Income Loss NetIncomeLoss	25557278	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2939055	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3078666	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2977853	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3138834	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2939055	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3078666	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2977853	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3138834	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.20
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.90
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	9.61
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	8.14
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.20
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.90
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	9.61
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	8.14
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
dhil-20230930_def.xml	Edgar Link	unprocessable
0000909108-23-000061-index-headers.html	Edgar Link	pending
0000909108-23-000061-index.html	Edgar Link	pending
0000909108-23-000061.txt	Edgar Link	pending
0000909108-23-000061-xbrl.zip	Edgar Link	pending
dhil-20230930.htm	Edgar Link	pending
dhil-20230930.xsd	Edgar Link	pending
dhil-20230930_g1.jpg	Edgar Link	pending
ex-311x20230930.htm	Edgar Link	pending
ex-312x20230930.htm	Edgar Link	pending
ex-321x20230930.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
dhil-20230930_cal.xml	Edgar Link	unprocessable
dhil-20230930_lab.xml	Edgar Link	unprocessable
dhil-20230930_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
dhil-20230930_htm.xml	Edgar Link	completed
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R49.htm	Edgar Link	pending
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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

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$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2023 Q4 Form 10-Q Financial Statement

#000090910823000061 Filed on October 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2023 Q4 Form 10-Q Financial Statement

#000090910823000061 Filed on October 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil