2013 Q4 Form 10-K Financial Statement
#000156459014000450 Filed on February 28, 2014
Income Statement
Concept | 2013 Q4 | 2013 | 2012 Q4 |
---|---|---|---|
Revenue | $25.25M | $91.83M | $20.62M |
YoY Change | 22.44% | 3181.81% | 21.39% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $15.49M | $6.518M | $14.08M |
YoY Change | 10.01% | 15.38% | 38.45% |
% of Gross Profit | |||
Research & Development | $860.0K | $2.882M | $680.0K |
YoY Change | 26.47% | 12.8% | 23.64% |
% of Gross Profit | |||
Depreciation & Amortization | $210.0K | $410.0K | $190.0K |
YoY Change | 10.53% | 17.48% | -9.52% |
% of Gross Profit | |||
Operating Expenses | $16.35M | $63.64M | $14.77M |
YoY Change | 10.7% | 10.73% | 37.78% |
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $8.900M | $28.19M | $5.859M |
YoY Change | 51.9% | 40.78% | -6.7% |
Income Tax | $3.140M | $10.35M | $2.260M |
% Of Pretax Income | 35.28% | 36.71% | 38.57% |
Net Earnings | $5.763M | $17.84M | $3.603M |
YoY Change | 59.95% | 47.58% | -12.55% |
Net Earnings / Revenue | 22.82% | 19.42% | 17.47% |
Basic Earnings Per Share | $0.78 | $2.43 | $0.50 |
Diluted Earnings Per Share | $0.75 | $2.32 | $0.49 |
COMMON SHARES | |||
Basic Shares Outstanding | 7.332M shares | ||
Diluted Shares Outstanding | 7.693M shares |
Balance Sheet
Concept | 2013 Q4 | 2013 | 2012 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $75.40M | $75.40M | $63.70M |
YoY Change | 18.37% | 18.37% | 5.99% |
Cash & Equivalents | $10.86M | $10.90M | $3.817M |
Short-Term Investments | $64.60M | $64.60M | $59.90M |
Other Short-Term Assets | $2.521M | $6.300M | $1.365M |
YoY Change | 84.69% | 34.04% | -70.33% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $14.47M | $14.50M | $8.920M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $96.22M | $96.20M | $77.37M |
YoY Change | 24.36% | 24.29% | 6.72% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.746M | $2.700M | $2.145M |
YoY Change | 28.02% | 28.57% | -2.5% |
Goodwill | $11.26M | $11.26M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | $3.789M | $4.149M | |
YoY Change | -8.68% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.000M | $2.000M | $1.700M |
YoY Change | 17.65% | 17.65% | |
Total Long-Term Assets | $19.83M | $19.90M | $19.25M |
YoY Change | 3.03% | 3.65% | 6.34% |
TOTAL ASSETS | |||
Total Short-Term Assets | $96.22M | $96.20M | $77.37M |
Total Long-Term Assets | $19.83M | $19.90M | $19.25M |
Total Assets | $116.1M | $116.1M | $96.62M |
YoY Change | 20.11% | 20.19% | 6.64% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.100M | $2.100M | $1.600M |
YoY Change | 31.25% | 31.25% | -5.88% |
Accrued Expenses | $17.80M | $17.80M | $14.50M |
YoY Change | 22.76% | 22.76% | 14.17% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $24.85M | $24.90M | $18.83M |
YoY Change | 32.01% | 32.45% | 7.58% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $2.500M | $2.500M | $1.200M |
YoY Change | 108.33% | 108.33% | -7.69% |
Total Long-Term Liabilities | $2.534M | $2.500M | $1.238M |
YoY Change | 104.68% | 108.33% | -4.77% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $24.85M | $24.90M | $18.83M |
Total Long-Term Liabilities | $2.534M | $2.500M | $1.238M |
Total Liabilities | $27.39M | $27.40M | $20.06M |
YoY Change | 36.5% | 36.32% | 1.33% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $8.148M | $3.600M | |
YoY Change | 126.33% | ||
Common Stock | $103.9M | $91.39M | |
YoY Change | 13.74% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $23.17M | $18.50M | |
YoY Change | 25.22% | ||
Treasury Stock Shares | $602.2K | $495.6K | |
Shareholders Equity | $88.66M | $88.70M | $76.55M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $116.1M | $116.1M | $96.62M |
YoY Change | 20.12% | 20.19% | 6.64% |
Cashflow Statement
Concept | 2013 Q4 | 2013 | 2012 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $5.763M | $17.84M | $3.603M |
YoY Change | 59.95% | 47.58% | -12.55% |
Depreciation, Depletion And Amortization | $210.0K | $410.0K | $190.0K |
YoY Change | 10.53% | 17.48% | -9.52% |
Cash From Operating Activities | $2.480M | $21.71M | $4.340M |
YoY Change | -42.86% | 57.53% | 2.6% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$550.0K | $1.201M | -$20.00K |
YoY Change | 2650.0% | 354.92% | -94.12% |
Acquisitions | $0.00 | ||
YoY Change | |||
Other Investing Activities | $950.0K | ||
YoY Change | -217.28% | ||
Cash From Investing Activities | -$550.0K | -$1.201M | $930.0K |
YoY Change | -159.14% | -173.41% | -180.87% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $9.330M | ||
YoY Change | -33.27% | ||
Common Stock Issuance & Retirement, Net | $878.0K | ||
YoY Change | -76.87% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -2.980M | -13.30M | -8.200M |
YoY Change | -63.66% | -21.24% | 244.54% |
NET CHANGE | |||
Cash From Operating Activities | 2.480M | 21.71M | 4.340M |
Cash From Investing Activities | -550.0K | -1.201M | 930.0K |
Cash From Financing Activities | -2.980M | -13.30M | -8.200M |
Net Change In Cash | -1.050M | 7.203M | -2.930M |
YoY Change | -64.16% | -588.34% | -518.57% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.480M | $21.71M | $4.340M |
Capital Expenditures | -$550.0K | $1.201M | -$20.00K |
Free Cash Flow | $3.030M | $20.51M | $4.360M |
YoY Change | -30.5% | 51.72% | -4.6% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
3782000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
3362000 | |
CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3789000 | |
CY2012Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4149000 | |
CY2013Q4 | whg |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
1266000 | |
CY2013Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
1268000 | |
CY2013Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2534000 | |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
27387000 | |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
88000 | |
CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
100955000 | |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
23169000 | |
CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-257000 | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
11016000 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
88633000 | |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
116020000 | |
CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2155000 | |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
25000000 | |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8778613 | |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
8176417 | |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
602196 | |
CY2012 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
43692000 | |
CY2013 | whg |
Mutual Fund Administration And Distribution
MutualFundAdministrationAndDistribution
|
2153000 | |
CY2013 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
2882000 | |
CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
4223000 | |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5266000 | |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
63556000 | |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
57469000 | |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
45800000 | |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
28269000 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
20026000 | |
CY2011 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
23109000 | |
CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10378000 | |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17891000 | |
CY2012 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-40000 | |
CY2012 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-1940000 | |
CY2011 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
1014000 | |
CY2013 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-287000 | |
CY2012 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
30000 | |
CY2013 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-287000 | |
CY2012 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-1910000 | |
CY2011 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1014000 | |
CY2011 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
9969000 | |
CY2011 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
5957000 | |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
10515000 | |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
793000 | |
CY2012 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
12108000 | |
CY2012 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
210000 | |
CY2012 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
3796000 | |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
11595000 | |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
120000 | |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
760000 | |
CY2013 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
13330000 | |
CY2013 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
4667000 | |
CY2013Q4 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
1.64 | |
CY2012Q4 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
1.51 | |
CY2011Q4 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
1.42 | |
CY2013 | us-gaap |
Depreciation
Depreciation
|
410000 | |
CY2013 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
359000 | |
CY2011 | whg |
Fair Value Adjustment Of Deferred Acquisition Liabilities
FairValueAdjustmentOfDeferredAcquisitionLiabilities
|
-31000 | |
CY2012 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-1000 | |
CY2011 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-20000 | |
CY2012 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10515000 | |
CY2011 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9969000 | |
CY2012 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
1817000 | |
CY2011 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
93000 | |
CY2012 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
676000 | |
CY2011 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
805000 | |
CY2012 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
7692000 | |
CY2011 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
10285000 | |
CY2011 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
359000 | |
CY2011 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
755000 | |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
381000 | |
CY2013 | us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
3598000 | |
CY2012 | us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
1846000 | |
CY2011 | us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
3308000 | |
CY2011 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
989000 | |
CY2011 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
470000 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
21707000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
13780000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
18548000 | |
CY2012 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
1900000 | |
CY2011 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
816000 | |
CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
264000 | |
CY2011 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1431000 | |
CY2011 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3000 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1201000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1636000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2244000 | |
CY2013 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4667000 | |
CY2012 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3796000 | |
CY2011 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5957000 | |
CY2011 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
805000 | |
CY2012 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
210000 | |
CY2011 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
286000 | |
CY2012 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
13981000 | |
CY2011 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
7918000 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13303000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-16891000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-12784000 | |
CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
11255000 | |
CY2012 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
28000 | |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3520000 | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1744000 | |
CY2011 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
7502000 | |
CY2013 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0%;margin-right:0%;text-indent:0%;font-weight:bold;;font-family:Times New Roman;font-size:10pt;"><font style="font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. DESCRIPTION OF THE BUSINESS: </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:9.06%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:9.06%">Westwood Holdings Group, Inc. (“Westwood”, “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 subsidiaries, Westwood Management Corp. (“Westwood Management”), Westwood Trust (“Westwood Trust”) and Westwood International Advisors Inc. (“Westwood International”). Westwood Management provides investment advisory services to corporate retirement plans, public retirement plans, endowments and foundations, mutual funds, individuals and clients of Westwood Trust. Westwood Trust provides institutions and high net worth individuals with trust and custodial services and participation in its sponsored common trust funds. Westwood International provides investment advisory services to corporate retirement plans, public retirement plans, endowments and foundations, mutual funds and other pooled investment vehicles. 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 revenues and results of operations. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:9.06%;font-size:10pt;;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:9.06%">Westwood Management is a registered investment adviser under the Investment Advisers Act of 1940. Westwood Trust is chartered and regulated by the Texas Department of Banking. Westwood International is registered as a portfolio manager and exempt market dealer with the Ontario Securities Commission and the </font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Autorité des marchés financiers (AMF) in Québec. </font></p></div> | |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;margin-left:0%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:9.06%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:9.06%">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. We believe the most significant estimates and assumptions are associated with the valuation of deferred taxes, stock-based compensation and impairment assessments of goodwill and intangible assets. Actual results could differ from those estimates. </font></p></div> | |
CY2012 | us-gaap |
Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
|
2454000 | |
CY2011 | us-gaap |
Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
|
225000 | |
CY2013 | whg |
Income Tax Benefit Expense On Securities Transactions
IncomeTaxBenefitExpenseOnSecuritiesTransactions
|
225000 | |
CY2012 | whg |
Income Tax Benefit Expense On Securities Transactions
IncomeTaxBenefitExpenseOnSecuritiesTransactions
|
891000 | |
CY2011 | whg |
Income Tax Benefit Expense On Securities Transactions
IncomeTaxBenefitExpenseOnSecuritiesTransactions
|
82000 | |
CY2013 | us-gaap |
Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
|
28000 | |
CY2012 | us-gaap |
Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
|
27000 | |
CY2011 | us-gaap |
Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
|
61000 | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
878000 | ||
CY2011Q4 | us-gaap |
Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
|
0 | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
20251 | ||
CY2013 | whg |
Available For Sale Securities Discount Percentage On Shares Carried At Quoted Market Value
AvailableForSaleSecuritiesDiscountPercentageOnSharesCarriedAtQuotedMarketValue
|
0.25 | |
CY2013Q4 | whg |
Cash And Cash Equivalents Maturity Period Maximum
CashAndCashEquivalentsMaturityPeriodMaximum
|
three months or less | |
CY2013Q4 | us-gaap |
Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
|
344000 | |
CY2012Q4 | us-gaap |
Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
|
124000 | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | ||
CY2013 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
278000 | |
CY2012 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
314000 | |
CY2011 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
429000 | |
CY2012 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
1900000 | |
CY2013Q4 | us-gaap |
Trading Securities Cost
TradingSecuritiesCost
|
64293000 | |
CY2013 | us-gaap |
Trading Securities Unrealized Holding Gain
TradingSecuritiesUnrealizedHoldingGain
|
315000 | |
CY2013 | us-gaap |
Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
|
54000 | |
CY2013Q4 | us-gaap |
Trading Securities
TradingSecurities
|
64554000 | |
CY2012Q4 | us-gaap |
Trading Securities Cost
TradingSecuritiesCost
|
59313000 | |
CY2012 | us-gaap |
Trading Securities Unrealized Holding Gain
TradingSecuritiesUnrealizedHoldingGain
|
593000 | |
CY2012 | us-gaap |
Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
|
||
CY2012Q4 | us-gaap |
Trading Securities
TradingSecurities
|
59906000 | |
CY2013 | us-gaap |
Trading Securities Realized Gain
TradingSecuritiesRealizedGain
|
629000 | |
CY2012 | us-gaap |
Trading Securities Realized Gain
TradingSecuritiesRealizedGain
|
2467000 | |
CY2011 | us-gaap |
Trading Securities Realized Gain
TradingSecuritiesRealizedGain
|
407000 | |
CY2013 | us-gaap |
Trading Securities Realized Loss
TradingSecuritiesRealizedLoss
|
4000 | |
CY2012 | us-gaap |
Trading Securities Realized Loss
TradingSecuritiesRealizedLoss
|
13000 | |
CY2011 | us-gaap |
Trading Securities Realized Loss
TradingSecuritiesRealizedLoss
|
182000 | |
CY2013 | us-gaap |
Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
|
625000 | |
CY2013 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
541000 | |
CY2012 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
514000 | |
CY2011 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
221000 | |
CY2013 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-325000 | |
CY2012 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
344000 | |
CY2011 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-291000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Other Goodwill
BusinessAcquisitionPurchasePriceAllocationOtherGoodwill
|
6875000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Assembled Workforce Goodwill
BusinessAcquisitionPurchasePriceAllocationAssembledWorkforceGoodwill
|
491000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Goodwill Amount1
BusinessAcquisitionPurchasePriceAllocationGoodwillAmount1
|
7366000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Intangible Assets Other Than Goodwill1
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill1
|
4223000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Current Assets Cash And Cash Equivalents1
BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents1
|
1008000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Current Assets Receivables1
BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables1
|
370000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Property Plant And Equipment1
BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment1
|
88000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Current Assets Prepaid Expense And Other Assets1
BusinessAcquisitionPurchasePriceAllocationCurrentAssetsPrepaidExpenseAndOtherAssets1
|
76000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Current Liabilities Bonuses Payable
BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesBonusesPayable
|
753000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Current Asset Unearned Income
BusinessAcquisitionPurchasePriceAllocationCurrentAssetUnearnedIncome
|
296000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Other Liabilities1
BusinessAcquisitionPurchasePriceAllocationOtherLiabilities1
|
101000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Net Tangible Assets1
BusinessAcquisitionPurchasePriceAllocationNetTangibleAssets1
|
392000 | |
CY2013 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
||
CY2012 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
||
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
5287000 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
5287000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1498000 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1138000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3789000 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4149000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
359000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
359000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
359000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
359000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
359000 | |
CY2010Q4 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
5000000 | |
CY2010Q4 | us-gaap |
Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
|
181461 | |
CY2010Q4 | us-gaap |
Business Acquisition Equity Interest Issued Or Issuable Value Assigned
BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned
|
12000000 | |
CY2010Q4 | whg |
Business Acquisition Purchase Price Allocation Net Working Capital And Property And Equipment
BusinessAcquisitionPurchasePriceAllocationNetWorkingCapitalAndPropertyAndEquipment
|
400000 | |
CY2010Q4 | whg |
Business Acquisition Intangible Assets As Percentage Of Purchase Price
BusinessAcquisitionIntangibleAssetsAsPercentageOfPurchasePrice
|
0.07 | |
CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-257000 | |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
30000 | |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
30883000 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
26850000 | |
CY2011 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
23109000 | |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-2614000 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-6824000 | |
CY2013 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
9894000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
7009000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
8088000 | |
CY2013 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
222000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
580000 | |
CY2013 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
386000 | |
CY2012 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
305000 | |
CY2011 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
353000 | |
CY2013 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-124000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
42000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-18000 | |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.367 | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.396 | |
CY2011 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.364 | |
CY2013 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
10683000 | |
CY2012 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
9280000 | |
CY2011 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
7944000 | |
CY2013 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
602000 | |
CY2012 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
473000 | |
CY2011 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
546000 | |
CY2013 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
11285000 | |
CY2012 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
9753000 | |
CY2011 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
8490000 | |
CY2013 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-5000 | |
CY2012 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-2000 | |
CY2011 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-2000 | |
CY2013 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-210000 | |
CY2012 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-4000 | |
CY2011 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-65000 | |
CY2013 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-692000 | |
CY2012 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-1811000 | |
CY2013 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-907000 | |
CY2012 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1817000 | |
CY2011 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-67000 | |
CY2013Q4 | whg |
Deferred Tax Assets Restricted Stock Amortization
DeferredTaxAssetsRestrictedStockAmortization
|
4196000 | |
CY2012Q4 | whg |
Deferred Tax Assets Restricted Stock Amortization
DeferredTaxAssetsRestrictedStockAmortization
|
3903000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2244000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1818000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
204000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
173000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
97000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
19000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
6741000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
5913000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
390000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
391000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
449000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
253000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
79000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
211000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
918000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
855000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
5823000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
5058000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
||
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
||
CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
3782000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
3362000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
2275000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
2552000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
|
234000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
|
856000 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
CY2013 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | |
CY2012 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | |
CY2011 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
135 | |
CY2013 | whg |
Foreign Operating Loss Carryforwards Limitations On Use Amount
ForeignOperatingLossCarryforwardsLimitationsOnUseAmount
|
8500000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
2200000 | |
CY2013 | whg |
Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
|
2032 | |
CY2012Q4 | us-gaap |
Minimum Net Capital Required1
MinimumNetCapitalRequired1
|
1000000 | |
CY2013Q4 | us-gaap |
Excess Capital
ExcessCapital
|
12000000 | |
CY2013Q4 | whg |
Working Capital Requirement Minimum Amount
WorkingCapitalRequirementMinimumAmount
|
200000 | |
CY2013Q4 | whg |
Working Capital Amount
WorkingCapitalAmount
|
4400000 | |
CY2013Q4 | whg |
Working Capital Amount
WorkingCapitalAmount
|
4200000 | |
CY2013 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11595000 | |
CY2012 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10515000 | |
CY2011 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9969000 | |
CY2013 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
4382000 | |
CY2012 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
4230000 | |
CY2011 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3872000 | |
CY2013 | whg |
Profit Sharing Contribution
ProfitSharingContribution
|
674000 | |
CY2012 | whg |
Profit Sharing Contribution
ProfitSharingContribution
|
648000 | |
CY2011 | whg |
Profit Sharing Contribution
ProfitSharingContribution
|
582000 | |
CY2013 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
871000 | |
CY2012 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
744000 | |
CY2011 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
707000 | |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
3898100 | |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
716000 | |
CY2013Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
|
21900000 | |
CY2013Q4 | whg |
Share Based Compensation Arrangement By Share Based Payment Award Shares Withheld To Satisfy Tax Withholding Obligations
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesWithheldToSatisfyTaxWithholdingObligations
|
86392 | |
CY2013 | whg |
Share Based Compensation Arrangement By Share Based Payment Award Vesting Period Non Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingPeriodNonEmployee
|
P1Y | |
CY2013Q1 | whg |
Share Pretax Income Goal
SharePretaxIncomeGoal
|
27000000 | |
CY2013Q1 | whg |
Annual Growth Rate Period
AnnualGrowthRatePeriod
|
P5Y | |
CY2013Q1 | whg |
Share Goal Growth Rate
ShareGoalGrowthRate
|
0.1 | |
CY2008 | whg |
Non Recurring Performance Fee
NonRecurringPerformanceFee
|
8700000 | |
CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
5758000 | |
CY2013Q4 | us-gaap |
Share Price
SharePrice
|
61.91 | |
CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P4Y | |
CY2013 | whg |
Percentage Of Deferred Share Units Vesting After Two Years Of Service
PercentageOfDeferredShareUnitsVestingAfterTwoYearsOfService
|
0.20 | |
CY2013 | whg |
Percentage Of Deferred Share Units Vesting After Three Years Of Service
PercentageOfDeferredShareUnitsVestingAfterThreeYearsOfService
|
0.40 | |
CY2013 | whg |
Percentage Of Deferred Share Units Vesting After Four Years Of Service
PercentageOfDeferredShareUnitsVestingAfterFourYearsOfService
|
0.60 | |
CY2013 | whg |
Percentage Of Deferred Share Units Vesting After Five Years Of Service
PercentageOfDeferredShareUnitsVestingAfterFiveYearsOfService
|
0.80 | |
CY2013Q4 | whg |
Mutual Fund Incentive Award Liability
MutualFundIncentiveAwardLiability
|
1900000 | |
CY2012Q4 | whg |
Mutual Fund Incentive Award Liability
MutualFundIncentiveAwardLiability
|
0 | |
CY2013 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
CY2012 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
CY2011 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
CY2013 | whg |
Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
|
311177 | |
CY2012 | whg |
Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
|
189269 | |
CY2011 | whg |
Incremental Common Shares Attributable To Nonvested Restricted Shares
IncrementalCommonSharesAttributableToNonvestedRestrictedShares
|
204957 | |
CY2011 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
17607 | |
CY2012 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3134 | |
CY2011 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
15569 | |
CY2013 | whg |
Number Of Limited Liability Companies In Which Some Clients Hold Their Investments
NumberOfLimitedLiabilityCompaniesInWhichSomeClientsHoldTheirInvestments
|
10 | |
CY2013 | whg |
Number Of Clients Provided With Investment Advisory Services
NumberOfClientsProvidedWithInvestmentAdvisoryServices
|
2 | |
CY2013Q2 | us-gaap |
Variable Interest Entity Financial Or Other Support Amount
VariableInterestEntityFinancialOrOtherSupportAmount
|
300000 | |
CY2013Q2 | us-gaap |
Variable Interest Entity Financial Or Other Support Amount
VariableInterestEntityFinancialOrOtherSupportAmount
|
405750 | |
CY2013 | us-gaap |
Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
|
36200000 | |
CY2012 | us-gaap |
Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
|
30300000 | |
CY2011 | us-gaap |
Variable Interest Entity Activity Between Vie And Entity Revenues
VariableInterestEntityActivityBetweenVIEAndEntityRevenues
|
26800000 | |
CY2013 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
10000000 | |
CY2013Q4 | whg |
Litigation Counter Claim For General Damages
LitigationCounterClaimForGeneralDamages
|
1000000 | |
CY2013Q4 | whg |
Litigation Counter Claim For Special Damages
LitigationCounterClaimForSpecialDamages
|
10000000 | |
CY2013Q4 | whg |
Litigation Counter Claim For Punitive Damages
LitigationCounterClaimForPunitiveDamages
|
1000000 | |
CY2013 | whg |
Percentage Of Defense Costs
PercentageOfDefenseCosts
|
0.5 | |
CY2013Q4 | us-gaap |
Loss Contingency Receivable Current
LossContingencyReceivableCurrent
|
254000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1422000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1321000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1342000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1157000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1003000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
2924000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
9169000 | |
CY2013 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1640000 | |
CY2012 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1258000 | |
CY2011 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
979000 | |
CY2013 | us-gaap |
Fees And Commissions
FeesAndCommissions
|
90955000 | |
CY2013 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
569000 | |
CY2013 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
301000 | |
CY2013 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
769000 | |
CY2013 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
62787000 | |
CY2013 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1201000 | |
CY2012 | us-gaap |
Fees And Commissions
FeesAndCommissions
|
74156000 | |
CY2012 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
541000 | |
CY2012 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
2798000 | |
CY2012 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
822000 | |
CY2012 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
56647000 | |
CY2012 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
264000 | |
CY2011 | us-gaap |
Fees And Commissions
FeesAndCommissions
|
68690000 | |
CY2011 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
282000 | |
CY2011 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
-63000 | |
CY2011 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
762000 | |
CY2011 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
45038000 | |
CY2011 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1431000 | |
CY2013 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.137 | |
CY2012 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.126 | |
CY2011 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.143 | |
CY2013Q4 | whg |
Percentage Of Minimum Threshold Limit To Consider As Major Customer
PercentageOfMinimumThresholdLimitToConsiderAsMajorCustomer
|
0.1 | |
CY2012Q4 | whg |
Percentage Of Minimum Threshold Limit To Consider As Major Customer
PercentageOfMinimumThresholdLimitToConsiderAsMajorCustomer
|
0.1 | |
CY2011Q4 | whg |
Percentage Of Minimum Threshold Limit To Consider As Major Customer
PercentageOfMinimumThresholdLimitToConsiderAsMajorCustomer
|
0.1 | |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
20100000 | |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
23475000 | |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
22998000 | |
CY2013Q4 | us-gaap |
Revenues
Revenues
|
25252000 | |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4719000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
7733000 | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
6766000 | |
CY2013Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
9051000 | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2833000 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4879000 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4319000 | |
CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5860000 | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
CY2013Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.80 | |
CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.65 | |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.57 | |
CY2013Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.76 | |
CY2012Q1 | us-gaap |
Revenues
Revenues
|
17864000 | |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
20066000 | |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
18941000 | |
CY2012Q4 | us-gaap |
Revenues
Revenues
|
20624000 | |
CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
6084000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
3752000 | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4331000 | |
CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
5859000 | |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3785000 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2198000 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2504000 | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3603000 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.35 | |
CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.50 | |
CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.34 | |
CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 |