$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

$dhil Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000090910824000033 Filed on July 31, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$39.02M	$36.66M
YoY Change	9.74%	9.93%
Cost Of Revenue	$876.6K	$884.3K
YoY Change	5.61%	7.44%
Gross Profit	$38.14M	$35.78M
YoY Change	9.82%	9.99%
Gross Profit Margin	97.75%	97.59%
Selling, General & Admin	$6.165M	$6.183M
YoY Change	14.45%	15.37%
% of Gross Profit	16.16%	17.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$296.0K	$318.9K
YoY Change	-7.51%	-2.49%
% of Gross Profit	0.78%	0.89%
Operating Expenses	$28.80M	$24.53M
YoY Change	24.18%	-4.05%
Operating Profit	$10.22M	$12.13M
YoY Change	-17.34%	55.82%
Interest Expense	$9.688M	-$636.0K
YoY Change	-310.16%	-110.0%
% of Operating Profit	94.82%	-5.24%
Other Income/Expense, Net	$9.669M	-$654.6K
YoY Change	-308.52%	-110.43%
Pretax Income	$19.89M	$11.48M
YoY Change	157.45%	-18.38%
Income Tax	$5.242M	$3.352M
% Of Pretax Income	26.36%	29.21%
Net Earnings	$14.64M	$8.126M
YoY Change	126.23%	-13.85%
Net Earnings / Revenue	37.53%	22.16%
Basic Earnings Per Share	$5.35	$2.93
Diluted Earnings Per Share	$5.35	$2.93
COMMON SHARES
Basic Shares Outstanding	2.751M shares	2.773M shares
Diluted Shares Outstanding	2.739M shares	2.769M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$33.72M	$23.45M
YoY Change	-26.22%	-39.34%
Cash & Equivalents	$33.72M	$23.45M
Short-Term Investments
Other Short-Term Assets	$3.997M	$3.092M
YoY Change	2.49%	1.36%
Inventory
Prepaid Expenses
Receivables	$20.81M	$19.05M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$58.52M	$45.59M
YoY Change	-18.94%	-24.85%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.755M	$1.843M
YoY Change	155.78%	-46.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$96.69M	$90.70M
YoY Change	250.47%	227.76%
Other Assets	$8.646M	$10.33M
YoY Change	-35.96%	-17.65%
Total Long-Term Assets	$182.3M	$167.5M
YoY Change	0.1%	-6.94%
TOTAL ASSETS
Total Short-Term Assets	$58.52M	$45.59M
Total Long-Term Assets	$182.3M	$167.5M
Total Assets	$240.8M	$213.1M
YoY Change	-5.31%	-11.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.338M	$4.774M
YoY Change	-43.91%	-24.53%
Accrued Expenses	$29.05M	$15.07M
YoY Change	33.89%	4.68%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$35.39M	$19.84M
YoY Change	7.25%	-4.24%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$38.92M	$36.67M
YoY Change	20.14%	10.42%
Total Long-Term Liabilities	$38.92M	$36.67M
YoY Change	20.14%	10.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$35.39M	$19.84M
Total Long-Term Liabilities	$38.92M	$36.67M
Total Liabilities	$74.32M	$56.51M
YoY Change	13.63%	4.79%
SHAREHOLDERS EQUITY
Retained Earnings	$155.0M	$166.3M
YoY Change	7.47%	17.01%
Common Stock	$30.05M	$10.92M
YoY Change	-20.07%	-74.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$166.5M	$156.5M
YoY Change
Total Liabilities & Shareholders Equity	$240.8M	$213.1M
YoY Change	-5.31%	-11.46%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$14.64M	$8.126M
YoY Change	126.23%	-13.85%
Depreciation, Depletion And Amortization	$296.0K	$318.9K
YoY Change	-7.51%	-2.49%
Cash From Operating Activities	$18.52M	$19.21M
YoY Change	37.01%	61.46%
INVESTING ACTIVITIES
Capital Expenditures	$266.5K	$6.500K
YoY Change		-16.99%
Acquisitions
YoY Change
Other Investing Activities	-$576.2K	-$532.9K
YoY Change	34.0%	0.57%
Cash From Investing Activities	-$842.7K	-$539.4K
YoY Change	95.97%	0.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-7.415M	-12.81M
YoY Change	23.37%	-1.73%
NET CHANGE
Cash From Operating Activities	18.52M	19.21M
Cash From Investing Activities	-842.7K	-539.4K
Cash From Financing Activities	-7.415M	-12.81M
Net Change In Cash	10.27M	5.857M
YoY Change	45.0%	-449.08%
FREE CASH FLOW
Cash From Operating Activities	$18.52M	$19.21M
Capital Expenditures	$266.5K	$6.500K
Free Cash Flow	$18.26M	$19.20M
YoY Change	35.04%	61.52%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	36087170	usd
CY2024Q2	us-gaap	Liabilities Liabilities	56514948	usd
CY2023Q4	us-gaap	Liabilities Liabilities	71777540	usd
CY2024Q2	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	36674694	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	6485835	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	14865784	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2751331	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2751331	shares
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	192694	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2823076	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	190172	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	10916078	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	22164410	usd
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2024Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2024Q2	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	20686099	usd
CY2023Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	15392418	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	166306336	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	153544816	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	156536315	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	160316808	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	213051263	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	232094348	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	36661333	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33350637	usd
CY2024Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	18330666	usd
CY2023Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	17399350	usd
CY2024Q2	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	-869135	usd
CY2023Q2	dhil	Deferred Compensation Expense Benefit DeferredCompensationExpenseBenefit	1982724	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4291304	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3637716	usd
CY2024Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1891562	usd
CY2023Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1721579	usd
CY2024Q2	dhil	Mutual Fund Administration MutualFundAdministration	884325	usd
CY2023Q2	dhil	Mutual Fund Administration MutualFundAdministration	823085	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	24528722	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	25564454	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	12132611	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	7786183	usd
CY2024Q2	us-gaap	Investment Income Net InvestmentIncomeNet	-654591	usd
CY2023Q2	us-gaap	Investment Income Net InvestmentIncomeNet	6276708	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-654591	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	6276708	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	11478020	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	14062891	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3352180	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3893942	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	8125840	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	10168949	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	736470	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	8125840	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	9432479	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.93
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.18
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.93
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.18
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2769427	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2970357	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2769427	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2970357	shares
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	158285640	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	usd
CY2024Q2	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	2963189	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	40397	usd
CY2024Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3484551	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	0	usd
CY2024Q2	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	35343	usd
CY2024Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	5243269	usd
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	4150931	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	8125840	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	156536315	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	17332798	usd
CY2023Q2	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	44436	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	736470	usd
CY2023Q2	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	4674730	usd
CY2023Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	22743998	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	160316808	usd
	dhil	Amortization Of Restricted Stock Grants AmortizationOfRestrictedStockGrants	6222428	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	300636	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	4539691	usd
	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	0	usd
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	162090	usd
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	18525386	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	8380253	usd
	us-gaap	Net Income Loss NetIncomeLoss	21141773	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	156536315	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	14126198	usd
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	72241	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	2131965	usd
	dhil	Subscription From Redemption Distribution To Noncontrolling Interest SubscriptionFromRedemptionDistributionToNoncontrollingInterest	6485835	usd
CY2023Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	22743998	usd
	us-gaap	Profit Loss ProfitLoss	24271996	usd
	us-gaap	Depreciation Depreciation	654971	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	5915199	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1629081	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	739586	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1826918	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	12118180	usd
	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	4013615	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-18806944	usd
	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	2469535	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1196020	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1885635	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21705	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	5827496	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	4424864	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1424337	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4539691	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4173781	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	9009648	usd
	dhil	Proceeds Received Under Employee Stock Purchase Plan ProceedsReceivedUnderEmployeeStockPurchasePlan	335044	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-21228334	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-24538306	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	38656996	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	6417179	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	6248696	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
CY2024Q2	us-gaap	Demand Deposit Accounts DemandDepositAccounts	2500000	usd
CY2024Q2	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	20900000	usd
CY2023Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	2800000	usd
CY2023Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	44200000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	36661333	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33350637	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	72956263	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	67341140	usd
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
	dhil	Rolling Client Investment Performance Period RollingClientInvestmentPerformancePeriod	P5Y
CY2024Q2	us-gaap	Equity Method Investments EquityMethodInvestments	90702962	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	84530289	usd
CY2024Q2	us-gaap	Investments Investments	153997045	usd
CY2023Q4	us-gaap	Investments Investments	147738862	usd
CY2024Q2	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	631300	usd
CY2023Q2	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-12598	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	1010255	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	806537	usd
CY2024Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-2089643	usd
CY2023Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	4843046	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	5959069	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	10651217	usd
CY2024Q2	us-gaap	Investment Income Dividend InvestmentIncomeDividend	822397	usd
CY2023Q2	us-gaap	Investment Income Dividend InvestmentIncomeDividend	1530260	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	1775613	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	3039548	usd
CY2024Q2	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-18645	usd
CY2023Q2	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-84000	usd
	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-33850	usd
	dhil	Investment Income Other Incomeloss InvestmentIncomeOtherIncomeloss	-137856	usd
CY2024Q2	us-gaap	Investment Income Net InvestmentIncomeNet	-654591	usd
CY2023Q2	us-gaap	Investment Income Net InvestmentIncomeNet	6276708	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	8711087	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	14359446	usd
CY2024Q2	dhil	Equity Method Investment Deferred Compensation Plan Investments EquityMethodInvestmentDeferredCompensationPlanInvestments	7700000	usd
CY2024Q2	us-gaap	Equity Method Investments EquityMethodInvestments	90702962	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-374341	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5900279	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	20908077	usd
CY2024Q2	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	20700000	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
	dhil	Deferred Compensation Arrangement Fully Vested Employee Elected Deferral Period Minimum DeferredCompensationArrangementFullyVestedEmployeeElectedDeferralPeriodMinimum	P5Y
CY2024Q2	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	36700000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	36100000	usd
	dhil	Lessee Leasing Agreements Operating Leases Areaunder Lease LesseeLeasingAgreementsOperatingLeasesAreaunderLease	37829	sqft
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	400000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	500000	usd
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	235071	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	234336	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	436666	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	440413	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	312089	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	156045	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	0	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	0	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	0	usd
CY2024Q2	dhil	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	0	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	468134	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	0.048
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.014
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.021
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.003
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.006
	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.275
	dhil	Effective Income Tax Rate Reconciliation Not Including Non Controlling Interest Percent EffectiveIncomeTaxRateReconciliationNotIncludingNonControllingInterestPercent	0.285
	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	0
	us-gaap	Effective Income Tax Rate Reconciliation Minority Interest Income Expense EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense	-0.019
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.275
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.266
CY2024Q2	us-gaap	Profit Loss ProfitLoss	8125840	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	10168949	usd
	us-gaap	Profit Loss ProfitLoss	21141773	usd
	us-gaap	Profit Loss ProfitLoss	24271996	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	736470	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2131965	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	8125840	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	9432479	usd
	us-gaap	Net Income Loss NetIncomeLoss	21141773	usd
	us-gaap	Net Income Loss NetIncomeLoss	22140031	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2769427	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2970357	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2793133	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2997574	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2769427	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2970357	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2793133	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2997574	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.93
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.57
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.39
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.93
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.18
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.57
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.39
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000909108-24-000033-index-headers.html	Edgar Link	pending
0000909108-24-000033-index.html	Edgar Link	pending
0000909108-24-000033.txt	Edgar Link	pending
0000909108-24-000033-xbrl.zip	Edgar Link	pending
dhil-20240630.htm	Edgar Link	pending
dhil-20240630.xsd	Edgar Link	pending
dhil-20240630_g1.jpg	Edgar Link	pending
ex-311x20240630.htm	Edgar Link	pending
ex-312x20240630.htm	Edgar Link	pending
ex-321x20240630.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R33.htm	Edgar Link	pending
dhil-20240630_cal.xml	Edgar Link	unprocessable
dhil-20240630_def.xml	Edgar Link	unprocessable
dhil-20240630_lab.xml	Edgar Link	unprocessable
dhil-20240630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
dhil-20240630_htm.xml	Edgar Link	completed
R34.htm	Edgar Link	pending
R35.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

2024 Q3 Form 10-Q Financial Statement

#000090910824000033 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL DIAMOND HILL INVESTMENT GROUP INC Stock $dhil

2024 Q3 Form 10-Q Financial Statement

#000090910824000033 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DHIL
DIAMOND HILL INVESTMENT GROUP INC Stock $dhil