2021 Q1 Form 10-Q Financial Statement

#000116500221000044 Filed on April 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $18.32M $16.67M
YoY Change 9.9% -30.14%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.302M $2.784M
YoY Change -17.31% -6.07%
% of Gross Profit
Research & Development $1.992M $2.031M
YoY Change -1.92% 2.73%
% of Gross Profit
Depreciation & Amortization $207.0K $233.0K
YoY Change -11.16% 9.91%
% of Gross Profit
Operating Expenses $4.294M $4.815M
YoY Change -10.82% -2.55%
Operating Profit $769.0K $416.0K
YoY Change 84.86% -72.19%
Interest Expense $200.0K $3.480M
YoY Change -94.25% -524.39%
% of Operating Profit 26.01% 836.54%
Other Income/Expense, Net $50.00K $30.00K
YoY Change 66.67%
Pretax Income $7.014M -$1.000K
YoY Change -701500.0% -100.07%
Income Tax $2.913M -$1.103M
% Of Pretax Income 41.53%
Net Earnings $4.101M $1.102M
YoY Change 272.14% 181.12%
Net Earnings / Revenue 22.39% 6.61%
Basic Earnings Per Share $0.52 $0.13
Diluted Earnings Per Share $0.52 $0.13
COMMON SHARES
Basic Shares Outstanding 7.887M shares 8.414M shares
Diluted Shares Outstanding 7.917M shares 8.458M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.90M $82.40M
YoY Change 5.46% -19.22%
Cash & Equivalents $12.99M $45.12M
Short-Term Investments $73.90M $37.30M
Other Short-Term Assets $2.588M $2.168M
YoY Change 19.37% -40.14%
Inventory
Prepaid Expenses
Receivables $11.74M $11.17M
Other Receivables $400.0K $600.0K
Total Short-Term Assets $101.5M $96.39M
YoY Change 5.34% -21.04%
LONG-TERM ASSETS
Property, Plant & Equipment $2.488M $3.931M
YoY Change -36.71% -17.07%
Goodwill $16.40M $19.80M
YoY Change -17.18% 0.0%
Intangibles
YoY Change
Long-Term Investments $8.400M $11.40M
YoY Change -26.32% 100.0%
Other Assets $459.0K $400.0K
YoY Change 14.75% -91.67%
Total Long-Term Assets $48.13M $61.42M
YoY Change -21.64% 3.96%
TOTAL ASSETS
Total Short-Term Assets $101.5M $96.39M
Total Long-Term Assets $48.13M $61.42M
Total Assets $149.7M $157.8M
YoY Change -5.16% -12.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.400M $1.700M
YoY Change 41.18% -37.04%
Accrued Expenses $4.200M $4.900M
YoY Change -14.29% 16.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $10.20M $11.70M
YoY Change -12.85% -23.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.000M $7.700M
YoY Change -22.08% -20.62%
Total Long-Term Liabilities $6.000M $7.700M
YoY Change -22.08% -20.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.20M $11.70M
Total Long-Term Liabilities $6.000M $7.700M
Total Liabilities $16.22M $19.41M
YoY Change -16.45% -22.47%
SHAREHOLDERS EQUITY
Retained Earnings $1.605M $8.166M
YoY Change -80.35% -66.72%
Common Stock $212.1M $206.4M
YoY Change 2.77% 4.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $80.26M $69.97M
YoY Change 14.71% 12.71%
Treasury Stock Shares 1.408M shares 1.408M shares
Shareholders Equity $133.4K $133.4K
YoY Change
Total Liabilities & Shareholders Equity $149.7M $157.8M
YoY Change -5.16% -12.89%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $4.101M $1.102M
YoY Change 272.14% 181.12%
Depreciation, Depletion And Amortization $207.0K $233.0K
YoY Change -11.16% 9.91%
Cash From Operating Activities -$7.045M $11.52M
YoY Change -161.14% 9.06%
INVESTING ACTIVITIES
Capital Expenditures $9.000K $16.00K
YoY Change -43.75% -77.46%
Acquisitions
YoY Change
Other Investing Activities $9.740M
YoY Change
Cash From Investing Activities $9.735M -$16.00K
YoY Change -60943.75% -95.02%
FINANCING ACTIVITIES
Cash Dividend Paid $801.0K $7.324M
YoY Change -89.06% -4.71%
Common Stock Issuance & Retirement, Net $1.045M $3.947M
YoY Change -73.52% 302.34%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.730M -$13.09M
YoY Change -79.14% 18.42%
NET CHANGE
Cash From Operating Activities -$7.045M $11.52M
Cash From Investing Activities $9.735M -$16.00K
Cash From Financing Activities -$2.730M -$13.09M
Net Change In Cash -$27.00K -$4.650M
YoY Change -99.42% 16507.14%
FREE CASH FLOW
Cash From Operating Activities -$7.045M $11.52M
Capital Expenditures $9.000K $16.00K
Free Cash Flow -$7.054M $11.51M
YoY Change -161.31% 9.64%

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CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2021Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
4444000 USD
CY2020Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-12916000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2295000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1844000 USD
CY2021Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-23000 USD
CY2020Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-326000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
803000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-469000 USD
CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-5026000 USD
CY2020Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-7356000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
3630000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
475000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-478000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-383000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7045000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11522000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
9258000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
501000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16000 USD
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
15000 USD
CY2020Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
9735000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1045000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3947000 USD
CY2021Q1 whg Paymentfor Repurchasesof Stockfor Benefit Plan
PaymentforRepurchasesofStockforBenefitPlan
0 USD
CY2020Q1 whg Paymentfor Repurchasesof Stockfor Benefit Plan
PaymentforRepurchasesofStockforBenefitPlan
697000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
884000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1120000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
801000 USD
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
7324000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2730000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13088000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
13000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3068000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4650000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13016000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49766000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12989000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45116000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
769000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
64000 USD
CY2021Q1 whg Dividends Accrued
DividendsAccrued
1339000 USD
CY2020Q1 whg Dividends Accrued
DividendsAccrued
5245000 USD
CY2021Q1 whg Accrued Purchases Of Treasury Stock
AccruedPurchasesOfTreasuryStock
359000 USD
CY2020Q1 whg Accrued Purchases Of Treasury Stock
AccruedPurchasesOfTreasuryStock
920000 USD
CY2021Q1 us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF THE BUSINESS <div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Westwood Holdings Group, Inc. (“Westwood”, “the Company”, “we”, “us” or “our”) was incorporated under the laws of the State of Delaware on December 12, 2001. Westwood manages investment assets and provides services for its clients through its wholly-owned subsidiaries, Westwood Management Corp. and Westwood Advisors, L.L.C. (referred to hereinafter together as “Westwood Management”), Westwood Trust and Westwood International Advisors Inc. (“Westwood International Advisors”). </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On July 27, 2020, Westwood’s Board of Directors </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">approved the liquidation of Westwood International Advisors, which occurred effective September 30, 2020.</span></div><div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Westwood Management provides investment advisory services to institutional clients, a family of mutual funds called the Westwood Funds®, other mutual funds, individual investors and clients of Westwood Trust. Prior to its liquidation, our wholly owned subsidiary, Westwood International Advisors, provided investment advisory services to institutional clients, the Westwood Funds®, other mutual funds, the UCITS Fund (which was liquidated in June 2020), individual investors and clients of Westwood Trust. Westwood Trust provides trust and custodial services and participation in self-sponsored common trust funds (“CTFs”) to institutions and high net worth individuals. Revenue is largely dependent on the total value and composition of assets under management ("AUM"). Accordingly, fluctuations in financial markets and in the composition of AUM impact our revenues and results of operations.</span></div><div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Westwood Management is registered with the Securities and Exchange Commission ("SEC") as an investment advisor ("RIA") under the Investment Advisers Act of 1940. Westwood Trust is chartered and regulated by the Texas Department of Banking.</span></div>
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18319000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16669000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18319000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16669000 USD
CY2021Q1 whg Revenue From External Sources
RevenueFromExternalSources
18474000 USD
CY2021Q1 whg Net Intersegment Revenues
NetIntersegmentRevenues
0 USD
CY2021Q1 whg Otherrevenue
Otherrevenue
-155000 USD
CY2021Q1 us-gaap Revenues
Revenues
18319000 USD
CY2021Q1 us-gaap Assets
Assets
149664000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
16401000 USD
CY2020Q1 whg Revenue From External Sources
RevenueFromExternalSources
17053000 USD
CY2020Q1 whg Net Intersegment Revenues
NetIntersegmentRevenues
0 USD
CY2020Q1 us-gaap Investment Income Net
InvestmentIncomeNet
20000 USD
CY2020Q1 whg Otherrevenue
Otherrevenue
-404000 USD
CY2020Q1 us-gaap Revenues
Revenues
16669000 USD
CY2020Q1 us-gaap Assets
Assets
157802000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
19804000 USD
CY2018Q2 us-gaap Long Term Investments
LongTermInvestments
5400000 USD
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2800000 USD
CY2021Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
8300000 USD
CY2020 us-gaap Unrealized Gain On Securities
UnrealizedGainOnSecurities
400000 USD
CY2021Q1 whg Investmentscarriedatfairvalueunrealizedloss
Investmentscarriedatfairvalueunrealizedloss
-1000000.0 USD
CY2019Q1 us-gaap Long Term Investments
LongTermInvestments
300000 USD
CY2021Q1 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
74070000 USD
CY2021Q1 us-gaap Debt Securities Trading Unrealized Gain
DebtSecuritiesTradingUnrealizedGain
114000 USD
CY2021Q1 us-gaap Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
304000 USD
CY2021Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
73880000 USD
CY2021Q1 us-gaap Debt Securities Trading And Equity Securities Fv Ni Cost
DebtSecuritiesTradingAndEquitySecuritiesFvNiCost
77755000 USD
CY2021Q1 whg Debt Securities Trading And Equity Securities Unrealized Gain
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedGain
566000 USD
CY2021Q1 whg Debt Securities Trading And Equity Securities Unrealized Loss
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedLoss
460000 USD
CY2021Q1 us-gaap Trading Securities
TradingSecurities
77861000 USD
CY2020Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
69628000 USD
CY2020 us-gaap Debt Securities Trading Unrealized Gain
DebtSecuritiesTradingUnrealizedGain
99000 USD
CY2020 us-gaap Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
185000 USD
CY2020Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
69542000 USD
CY2020Q4 us-gaap Debt Securities Trading And Equity Securities Fv Ni Cost
DebtSecuritiesTradingAndEquitySecuritiesFvNiCost
73298000 USD
CY2020 whg Debt Securities Trading And Equity Securities Unrealized Gain
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedGain
110000 USD
CY2020 whg Debt Securities Trading And Equity Securities Unrealized Loss
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedLoss
339000 USD
CY2020Q4 us-gaap Trading Securities
TradingSecurities
73069000 USD
CY2021Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
73880000 USD
CY2021Q1 us-gaap Trading Securities
TradingSecurities
77861000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
441000 USD
CY2020Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
69542000 USD
CY2020Q4 us-gaap Trading Securities
TradingSecurities
73069000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
3975000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
3431000 USD
CY2020Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-995000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
3872000 USD
CY2020Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
2980000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
3900000 USD
CY2021Q1 whg Unobservable Input Book Value Multiple Minimum
UnobservableInputBookValueMultipleMinimum
1.26
CY2021Q1 whg Unobservable Input Book Value Multiple Maximum
UnobservableInputBookValueMultipleMaximum
2.29 USD
CY2021Q1 whg Unobservable Input Book Value Multiple Weighted Average
UnobservableInputBookValueMultipleWeightedAverage
1.45 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
4101000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1102000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7887044 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8414393 shares
CY2021Q1 whg Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
30346 shares
CY2020Q1 whg Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
44080 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7917390 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8458473 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3400000 USD
CY2021Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2020Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2017Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000.0 USD
CY2020Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10.0 USD
CY2021Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
92491 shares
CY2021Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
15.19
CY2021Q1 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
1400000 USD
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
272059 shares
CY2020Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.89
CY2020Q1 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
4900000 USD
CY2021Q1 us-gaap Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
4900000 USD
CY2020Q1 us-gaap Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
5700000 USD
CY2021Q1 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
14493000000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10

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