$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000090910824000023 Filed on May 08, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$36.66M	$36.29M
YoY Change	9.93%	6.78%
Cost Of Revenue	$884.3K	$825.1K
YoY Change	7.44%	5.39%
Gross Profit	$35.78M	$35.47M
YoY Change	9.99%	6.81%
Gross Profit Margin	97.59%	97.73%
Selling, General & Admin	$6.183M	$5.829M
YoY Change	15.37%	13.0%
% of Gross Profit	17.28%	16.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$318.9K	$319.9K
YoY Change	-2.49%	-2.46%
% of Gross Profit	0.89%	0.9%
Operating Expenses	$24.53M	$27.99M
YoY Change	-4.05%	21.45%
Operating Profit	$12.13M	$8.303M
YoY Change	55.82%	-24.12%
Interest Expense	-$636.0K	$9.381M
YoY Change	-110.0%	16.06%
% of Operating Profit	-5.24%	112.98%
Other Income/Expense, Net	-$654.6K	$9.366M
YoY Change	-110.43%	15.87%
Pretax Income	$11.48M	$17.67M
YoY Change	-18.38%	-7.13%
Income Tax	$3.352M	$4.653M
% Of Pretax Income	29.21%	26.33%
Net Earnings	$8.126M	$13.02M
YoY Change	-13.85%	2.43%
Net Earnings / Revenue	22.16%	35.86%
Basic Earnings Per Share	$2.93	$4.62
Diluted Earnings Per Share	$2.93	$4.62
COMMON SHARES
Basic Shares Outstanding	2.773M shares	2.844M shares
Diluted Shares Outstanding	2.769M shares	2.817M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$23.45M	$17.59M
YoY Change	-39.34%	-56.38%
Cash & Equivalents	$23.45M	$17.59M
Short-Term Investments
Other Short-Term Assets	$3.092M	$3.238M
YoY Change	1.36%	-5.61%
Inventory
Prepaid Expenses
Receivables	$19.05M	$21.30M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$45.59M	$42.13M
YoY Change	-24.85%	-32.71%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.843M	$2.281M
YoY Change	-46.92%	-41.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$90.70M	$91.08M
YoY Change	227.76%	257.02%
Other Assets	$10.33M	$9.757M
YoY Change	-17.65%	-26.26%
Total Long-Term Assets	$167.5M	$167.0M
YoY Change	-6.94%	-2.89%
TOTAL ASSETS
Total Short-Term Assets	$45.59M	$42.13M
Total Long-Term Assets	$167.5M	$167.0M
Total Assets	$213.1M	$209.1M
YoY Change	-11.46%	-10.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.774M	$5.010M
YoY Change	-24.53%	-29.99%
Accrued Expenses	$15.07M	$7.387M
YoY Change	4.68%	1.63%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.84M	$13.26M
YoY Change	-4.24%	-20.71%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$36.67M	$37.54M
YoY Change	10.42%	20.21%
Total Long-Term Liabilities	$36.67M	$37.54M
YoY Change	10.42%	20.21%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.84M	$13.26M
Total Long-Term Liabilities	$36.67M	$37.54M
Total Liabilities	$56.51M	$50.80M
YoY Change	4.79%	5.94%
SHAREHOLDERS EQUITY
Retained Earnings	$166.3M	$162.3M
YoY Change	17.01%	18.38%
Common Stock	$10.92M	$19.03M
YoY Change	-74.56%	-65.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$156.5M	$158.3M
YoY Change
Total Liabilities & Shareholders Equity	$213.1M	$209.1M
YoY Change	-11.46%	-10.85%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$8.126M	$13.02M
YoY Change	-13.85%	2.43%
Depreciation, Depletion And Amortization	$318.9K	$319.9K
YoY Change	-2.49%	-2.46%
Cash From Operating Activities	$19.21M	-$12.29M
YoY Change	61.46%	-10.82%
INVESTING ACTIVITIES
Capital Expenditures	$6.500K	$133.4K
YoY Change	-16.99%	861.37%
Acquisitions
YoY Change
Other Investing Activities	-$532.9K	$1.242M
YoY Change	0.57%	-242.33%
Cash From Investing Activities	-$539.4K	$1.109M
YoY Change	0.31%	-225.06%
FINANCING ACTIVITIES
Cash Dividend Paid		$4.229M
YoY Change		-7.59%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-12.81M	-$18.22M
YoY Change	-1.73%	122.36%
NET CHANGE
Cash From Operating Activities	19.21M	-$12.29M
Cash From Investing Activities	-539.4K	$1.109M
Cash From Financing Activities	-12.81M	-$18.22M
Net Change In Cash	5.857M	-$29.40M
YoY Change	-449.08%	28.6%
FREE CASH FLOW
Cash From Operating Activities	$19.21M	-$12.29M
Capital Expenditures	$6.500K	$133.4K
Free Cash Flow	$19.20M	-$12.42M
YoY Change	61.52%	-9.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	13015933	usd
CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	859479	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	36294930	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33990503	usd
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	18147465	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	16362908	usd
CY2024Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	3190363	usd
CY2023Q1	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	744511	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4140206	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3506070	usd
CY2024Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1688952	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1652503	usd
CY2024Q1	dhil	Mutual Fund Administration MutualFundAdministration	825118	usd
CY2023Q1	dhil	Mutual Fund Administration MutualFundAdministration	782944	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	27992104	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	23048936	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	8302826	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	10941567	usd
CY2024Q1	us-gaap	Investment Income Net InvestmentIncomeNet	9365678	usd
CY2023Q1	us-gaap	Investment Income Net InvestmentIncomeNet	8082738	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	9365678	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	8082738	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	17668504	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	19024305	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4652571	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4921258	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13015933	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	14103047	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1395495	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	13015933	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12707552	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.62
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.20
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.62
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.20
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2816839	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3025094	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2816839	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3025094	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	160316808	usd
CY2024Q1	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	3259239	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	260239	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1055140	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	0	usd
CY2024Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	126747	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	13282117	usd
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4229322	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	158285640	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	163672245	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	14126198	usd
CY2023Q1	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	2843574	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	7843	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	323070	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1132507	usd
CY2023Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	27805	usd
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	4597931	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4576492	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12707552	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1395495	usd
CY2023Q1	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	1811105	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	169247354	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	17332798	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13015933	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	14103047	usd
CY2024Q1	us-gaap	Depreciation Depreciation	319905	usd
CY2023Q1	us-gaap	Depreciation Depreciation	327961	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3298275	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2899872	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3244487	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1506623	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	2480343	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	3757754	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1833852	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1142808	usd
CY2024Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	8425579	usd
CY2023Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	6929916	usd
CY2024Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	0	usd
CY2023Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	1306643	usd
CY2024Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-22713244	usd
CY2023Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-26031780	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	1456659	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	486811	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	311327	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	723698	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-12289670	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-13780407	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	133400	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13876	usd
CY2024Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	3460311	usd
CY2023Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	5293030	usd
CY2024Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	4702451	usd
CY2023Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	4420337	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1108740	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-886569	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1055140	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1132507	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	4229322	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	4576492	usd
CY2024Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	0	usd
CY2023Q1	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	1811105	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	13155370	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4570126	usd
CY2024Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	221203	usd
CY2023Q1	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	274617	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-18218629	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-8193403	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-29399559	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22860379	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	46991879	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	63195302	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17592320	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	40334923	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	338376	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	20696	usd
CY2024Q1	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>
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription
CY2024Q1	us-gaap	Demand Deposit Accounts DemandDepositAccounts	1400000	usd
CY2024Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	16200000	usd
CY2023Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	2800000	usd
CY2023Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	44200000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	36294930	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33990503	usd
CY2024Q1	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2024Q1	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2024Q1	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2024Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	378955	usd
CY2023Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	819135	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	8048712	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	5808171	usd
CY2024Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	953216	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	91077301	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	84530289	usd
CY2024Q1	us-gaap	Investments Investments	154922301	usd
CY2023Q4	us-gaap	Investments Investments	147738862	usd
CY2023Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	1509288	usd
CY2024Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-15205	usd
CY2023Q1	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-53856	usd
CY2024Q1	us-gaap	Investment Income Net InvestmentIncomeNet	9365678	usd
CY2023Q1	us-gaap	Investment Income Net InvestmentIncomeNet	8082738	usd
CY2024Q1	dhil	Equity Method Investment Deferred Compensation Plan Investments EquityMethodInvestmentDeferredCompensationPlanInvestments	7800000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	91077301	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6274620	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	16219496	usd
CY2024Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	23100000	usd
CY2024Q1	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	2.500
CY2024Q1	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.060
CY2024Q1	dhil	Deferred Compensation Arrangement Fully Vested Employee Elected Deferral Period Minimum DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriodMinimum	P5Y
CY2024Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	37500000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	36100000	usd
CY2024Q1	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	37829	sqft
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	500000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	600000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	201595	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	206077	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	468134	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	156045	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	624179	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.013
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.015
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.008
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.006
CY2024Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.263
CY2023Q1	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.279
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0.020
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.263
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.259
CY2024Q1	us-gaap	Profit Loss ProfitLoss	13015933	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	14103047	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1395495	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	13015933	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12707552	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2816839	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3025094	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2816839	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3025094	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.62
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.20
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.62
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.20
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000909108-24-000023-index-headers.html	Edgar Link	pending
0000909108-24-000023-index.html	Edgar Link	pending
0000909108-24-000023.txt	Edgar Link	pending
0000909108-24-000023-xbrl.zip	Edgar Link	pending
dhil-20240331.htm	Edgar Link	pending
dhil-20240331.xsd	Edgar Link	pending
dhil-20240331_g1.jpg	Edgar Link	pending
ex-311x20240331.htm	Edgar Link	pending
ex-312x20240331.htm	Edgar Link	pending
ex-321x20240331.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
dhil-20240331_def.xml	Edgar Link	unprocessable
dhil-20240331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
dhil-20240331_htm.xml	Edgar Link	completed
R46.htm	Edgar Link	pending
R47.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
dhil-20240331_pre.xml	Edgar Link	unprocessable
dhil-20240331_cal.xml	Edgar Link	unprocessable

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$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2024 Q2 Form 10-Q Financial Statement

#000090910824000023 Filed on May 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2024 Q2 Form 10-Q Financial Statement

#000090910824000023 Filed on May 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil