2022 Q1 Form 10-Q Financial Statement

#000116500222000059 Filed on April 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $17.22M $19.39M $18.32M
YoY Change -6.02% 13.31% 9.9%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.522M $15.05M $2.302M
YoY Change 9.56% 16.68% -17.31%
% of Gross Profit
Research & Development $1.829M $1.971M $1.992M
YoY Change -8.18% 4.29% -1.92%
% of Gross Profit
Depreciation & Amortization $177.0K $585.0K $207.0K
YoY Change -14.49% -10.0% -11.16%
% of Gross Profit
Operating Expenses $4.351M $17.02M $4.294M
YoY Change 1.33% 15.1% -10.82%
Operating Profit $415.0K $769.0K
YoY Change -46.03% 84.86%
Interest Expense -$16.00K $306.0K $200.0K
YoY Change -108.0% -3160.0% -94.25%
% of Operating Profit -3.86% 26.01%
Other Income/Expense, Net $158.0K $212.0K $50.00K
YoY Change 216.0% 606.67% 66.67%
Pretax Income $594.0K $3.213M $7.014M
YoY Change -91.53% 26.1% -701500.0%
Income Tax $544.0K $400.0K $2.913M
% Of Pretax Income 91.58% 12.45% 41.53%
Net Earnings $50.00K $2.813M $4.101M
YoY Change -98.78% -0.07% 272.14%
Net Earnings / Revenue 0.29% 14.51% 22.39%
Basic Earnings Per Share $0.01 $0.36 $0.52
Diluted Earnings Per Share $0.01 $0.36 $0.52
COMMON SHARES
Basic Shares Outstanding 7.865M shares 8.578M shares 7.887M shares
Diluted Shares Outstanding 7.931M shares 7.917M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.49M $80.23M $86.90M
YoY Change -15.43% -2.87% 5.46%
Cash & Equivalents $21.15M $15.21M $12.99M
Short-Term Investments $52.34M $65.02M $73.90M
Other Short-Term Assets $2.407M $2.246M $2.588M
YoY Change -6.99% -13.81% 19.37%
Inventory
Prepaid Expenses
Receivables $9.738M $11.15M $11.74M
Other Receivables $235.0K $233.0K $400.0K
Total Short-Term Assets $85.87M $93.86M $101.5M
YoY Change -15.43% -2.55% 5.34%
LONG-TERM ASSETS
Property, Plant & Equipment $1.967M $2.114M $2.488M
YoY Change -20.94% -33.65% -36.71%
Goodwill $16.40M $16.40M $16.40M
YoY Change 0.0% 0.0% -17.18%
Intangibles
YoY Change
Long-Term Investments $9.004M $8.968M $8.400M
YoY Change 7.19% -23.35% -26.32%
Other Assets $757.0K $634.0K $459.0K
YoY Change 64.92% 36.64% 14.75%
Total Long-Term Assets $45.15M $45.74M $48.13M
YoY Change -6.2% -13.43% -21.64%
TOTAL ASSETS
Total Short-Term Assets $85.87M $93.86M $101.5M
Total Long-Term Assets $45.15M $45.74M $48.13M
Total Assets $131.0M $139.6M $149.7M
YoY Change -12.46% -6.4% -5.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.337M $2.637M $2.400M
YoY Change -2.63% 64.81% 41.18%
Accrued Expenses $3.778M $10.94M $4.200M
YoY Change -10.05% 18.9% -14.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $8.829M $15.84M $10.20M
YoY Change -13.4% 34.32% -12.85%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.927M $5.857M $6.000M
YoY Change -17.88% -11.26% -22.08%
Total Long-Term Liabilities $4.927M $5.857M $6.000M
YoY Change -17.88% -11.89% -22.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.829M $15.84M $10.20M
Total Long-Term Liabilities $4.927M $5.857M $6.000M
Total Liabilities $13.76M $21.70M $16.22M
YoY Change -15.19% 17.67% -16.45%
SHAREHOLDERS EQUITY
Retained Earnings $3.162M $4.362M $1.605M
YoY Change 97.01% -357.35% -80.35%
Common Stock $196.7M $195.3M $212.1M
YoY Change -7.27% -7.17% 2.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $82.58M $81.75M $80.26M
YoY Change 2.89% 4.85% 14.71%
Treasury Stock Shares 1.408M shares 1.278M shares 1.408M shares
Shareholders Equity $117.3M $117.9M $133.4K
YoY Change
Total Liabilities & Shareholders Equity $131.0M $139.6M $149.7M
YoY Change -12.46% -6.4% -5.16%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $50.00K $2.813M $4.101M
YoY Change -98.78% -0.07% 272.14%
Depreciation, Depletion And Amortization $177.0K $585.0K $207.0K
YoY Change -14.49% -10.0% -11.16%
Cash From Operating Activities $8.770M -$1.675M -$7.045M
YoY Change -224.49% -37.73% -161.14%
INVESTING ACTIVITIES
Capital Expenditures $30.00K -$64.00K $9.000K
YoY Change 233.33% -43.75%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $9.740M
YoY Change -100.0% -100.0%
Cash From Investing Activities -$30.00K -$64.00K $9.735M
YoY Change -100.31% -171.11% -60943.75%
FINANCING ACTIVITIES
Cash Dividend Paid $1.972M $801.0K
YoY Change 146.19% -89.06%
Common Stock Issuance & Retirement, Net $200.0K $1.045M
YoY Change -80.86% -73.52%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.798M -1.633M -$2.730M
YoY Change 2.49% -79.14%
NET CHANGE
Cash From Operating Activities $8.770M -1.675M -$7.045M
Cash From Investing Activities -$30.00K -64.00K $9.735M
Cash From Financing Activities -$2.798M -1.633M -$2.730M
Net Change In Cash $5.942M -3.372M -$27.00K
YoY Change -22107.41% 29.69% -99.42%
FREE CASH FLOW
Cash From Operating Activities $8.770M -$1.675M -$7.045M
Capital Expenditures $30.00K -$64.00K $9.000K
Free Cash Flow $8.740M -$1.611M -$7.054M
YoY Change -223.9% -40.11% -161.31%

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TradingSecuritiesUnrealizedHoldingGainLoss
-2432000 USD
CY2022Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
CY2021Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-8325000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1380000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
21000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
40000 USD
CY2022Q1 whg Noncashleaseexpense
Noncashleaseexpense
185000 USD
CY2021Q1 whg Noncashleaseexpense
Noncashleaseexpense
307000 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-148000 USD
CY2022Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
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CY2021Q1 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
4444000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1414000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2295000 USD
CY2022Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
283000 USD
CY2021Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-23000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-301000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
803000 USD
CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-5026000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
524000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
3630000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-226000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-478000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8770000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7045000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
9258000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
501000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9000 USD
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
15000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-30000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
9735000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
200000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1045000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
626000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
884000 USD
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1972000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
801000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2798000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2730000 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
13000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5942000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15206000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13016000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21148000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12989000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
769000 USD
CY2022Q1 whg Dividends Accrued
DividendsAccrued
2216000 USD
CY2021Q1 whg Dividends Accrued
DividendsAccrued
1339000 USD
CY2022Q1 whg Accrued Purchases Of Treasury Stock
AccruedPurchasesOfTreasuryStock
0 USD
CY2021Q1 whg Accrued Purchases Of Treasury Stock
AccruedPurchasesOfTreasuryStock
359000 USD
CY2022Q1 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”) and Westwood Trust.</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. 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>
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17216000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18319000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17216000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18319000 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2022Q1 whg Revenue From External Sources
RevenueFromExternalSources
17505000 USD
CY2022Q1 whg Net Intersegment Revenues
NetIntersegmentRevenues
0 USD
CY2022Q1 whg Otherrevenue
Otherrevenue
-289000 USD
CY2022Q1 us-gaap Revenues
Revenues
17216000 USD
CY2022Q1 us-gaap Assets
Assets
131016000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
16401000 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
CY2018Q2 us-gaap Long Term Investments
LongTermInvestments
5400000 USD
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2800000 USD
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
8300000 USD
CY2021Q1 us-gaap Unrealized Gain On Securities
UnrealizedGainOnSecurities
400000 USD
CY2019Q1 us-gaap Long Term Investments
LongTermInvestments
300000 USD
CY2022Q1 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
52752000 USD
CY2022Q1 us-gaap Debt Securities Trading Unrealized Gain
DebtSecuritiesTradingUnrealizedGain
215000 USD
CY2022Q1 us-gaap Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
624000 USD
CY2022Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
52343000 USD
CY2022Q1 us-gaap Debt Securities Trading And Equity Securities Fv Ni Cost
DebtSecuritiesTradingAndEquitySecuritiesFvNiCost
56437000 USD
CY2022Q1 whg Debt Securities Trading And Equity Securities Unrealized Gain
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedGain
1121000 USD
CY2022Q1 whg Debt Securities Trading And Equity Securities Unrealized Loss
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedLoss
666000 USD
CY2022Q1 us-gaap Trading Securities
TradingSecurities
56892000 USD
CY2021Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
65158000 USD
CY2021 us-gaap Debt Securities Trading Unrealized Gain
DebtSecuritiesTradingUnrealizedGain
364000 USD
CY2021 us-gaap Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
498000 USD
CY2021Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
65024000 USD
CY2021Q4 us-gaap Debt Securities Trading And Equity Securities Fv Ni Cost
DebtSecuritiesTradingAndEquitySecuritiesFvNiCost
68843000 USD
CY2021 whg Debt Securities Trading And Equity Securities Unrealized Gain
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedGain
1313000 USD
CY2021 whg Debt Securities Trading And Equity Securities Unrealized Loss
DebtSecuritiesTradingAndEquitySecuritiesUnrealizedLoss
619000 USD
CY2021Q4 us-gaap Trading Securities
TradingSecurities
69537000 USD
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
4300000 USD
CY2022Q1 whg Unobservable Input Book Value Multiple Minimum
UnobservableInputBookValueMultipleMinimum
1.43
CY2022Q1 whg Unobservable Input Book Value Multiple Maximum
UnobservableInputBookValueMultipleMaximum
2.13 USD
CY2022Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
52343000 USD
CY2022Q1 us-gaap Trading Securities
TradingSecurities
56892000 USD
CY2021Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
65024000 USD
CY2021Q4 us-gaap Trading Securities
TradingSecurities
69537000 USD
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
4369000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
3431000 USD
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-43000 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
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
4326000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
3872000 USD
CY2022Q1 whg Unobservable Input Book Value Multiple Weighted Average
UnobservableInputBookValueMultipleWeightedAverage
1.57 USD
CY2021Q1 whg Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
30346 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7931453 shares
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
50000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
4101000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7865174 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7887044 shares
CY2022Q1 whg Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
66279 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7917390 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2021Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2022Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000 USD
CY2020Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10 USD
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
12202 shares
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
16.39
CY2022Q1 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
200000 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
CY2022Q1 us-gaap Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
5700000 USD
CY2021Q1 us-gaap Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
4900000 USD
CY2022Q1 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
13854000000 USD

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