$WT
WisdomTree, Inc.

2017 Q4 Form 10-Q Financial Statement

#000119312517337061 Filed on November 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $59.19M $57.71M $51.79M
YoY Change 16.52% 11.44% -35.87%
Cost Of Revenue $10.86M
YoY Change
Gross Profit $46.85M
YoY Change
Gross Profit Margin 81.18%
Selling, General & Admin $48.68M $40.41M $35.50M
YoY Change 26.24% 13.83% -9.39%
% of Gross Profit 86.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $400.0K $300.0K $400.0K
YoY Change 33.33% -25.0% 33.33%
% of Gross Profit 0.64%
Operating Expenses $50.91M $42.49M $37.56M
YoY Change 25.36% 13.11% -8.87%
Operating Profit $15.22M
YoY Change
Interest Expense $2.860M
YoY Change
% of Operating Profit
Other Income/Expense, Net -$670.0K $1.729M $1.731M
YoY Change -0.12% 6.85%
Pretax Income $5.650M $15.50M $14.23M
YoY Change -33.61% 8.93% -64.02%
Income Tax $4.910M $7.520M $6.270M
% Of Pretax Income 86.9% 48.53% 44.08%
Net Earnings $240.0K $7.976M $7.955M
YoY Change -90.32% 0.26% -65.84%
Net Earnings / Revenue 0.41% 13.82% 15.36%
Basic Earnings Per Share $0.06 $0.06
Diluted Earnings Per Share $1.756K $0.06 $0.06
COMMON SHARES
Basic Shares Outstanding 136.9M shares 134.7M shares 134.0M shares
Diluted Shares Outstanding 135.9M shares 135.2M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.5M $138.6M $180.1M
YoY Change -20.51% -23.04% -15.05%
Cash & Equivalents $54.19M $70.22M $178.1M
Short-Term Investments $66.30M $68.40M $2.000M
Other Short-Term Assets $1.007M $625.0K $4.142M
YoY Change 81.44% -84.91% 40.03%
Inventory
Prepaid Expenses $3.550M $3.707M
Receivables $21.31M $19.73M $17.28M
Other Receivables $7.000M $0.00 $0.00
Total Short-Term Assets $154.3M $165.7M $201.5M
YoY Change -12.9% -17.79% -19.63%
LONG-TERM ASSETS
Property, Plant & Equipment $10.69M $11.00M $11.79M
YoY Change -8.98% -6.67% 4.53%
Goodwill $1.799M $1.799M $3.475M
YoY Change 0.0% -48.23% 107.34%
Intangibles
YoY Change
Long-Term Investments $55.50M $52.20M $14.20M
YoY Change 44.16% 267.61% -40.08%
Other Assets $793.0K $800.0K $787.0K
YoY Change 6.16% 1.65% 8.85%
Total Long-Term Assets $100.7M $81.95M $46.91M
YoY Change 38.69% 74.71% 12.6%
TOTAL ASSETS
Total Short-Term Assets $154.3M $165.7M $201.5M
Total Long-Term Assets $100.7M $81.95M $46.91M
Total Assets $255.0M $247.6M $248.5M
YoY Change 2.09% -0.32% -15.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.200M $6.900M $6.200M
YoY Change 41.38% 11.29% -3.13%
Accrued Expenses $28.10M $15.00M $9.100M
YoY Change 91.16% 64.84% -58.45%
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 $57.35M $39.94M $37.64M
YoY Change 31.75% 6.1% -4.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.700M $4.700M $5.000M
YoY Change -4.08% -6.0% -35.06%
Total Long-Term Liabilities $4.700M $4.700M $5.000M
YoY Change -4.08% -6.0% -35.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $57.35M $39.94M $37.64M
Total Long-Term Liabilities $4.700M $4.700M $5.000M
Total Liabilities $62.03M $44.67M $42.60M
YoY Change 28.11% 4.87% -9.76%
SHAREHOLDERS EQUITY
Retained Earnings -$24.72M -$24.72M -$33.79M
YoY Change 0.0% -26.85% -8012.41%
Common Stock $217.4M $227.2M $238.7M
YoY Change -3.86% -4.85% -2.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $193.0M $203.0M $205.9M
YoY Change
Total Liabilities & Shareholders Equity $255.0M $247.6M $248.5M
YoY Change 2.09% -0.32% -15.03%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $240.0K $7.976M $7.955M
YoY Change -90.32% 0.26% -65.84%
Depreciation, Depletion And Amortization $400.0K $300.0K $400.0K
YoY Change 33.33% -25.0% 33.33%
Cash From Operating Activities $17.40M $13.80M $14.90M
YoY Change 58.18% -7.38% -66.59%
INVESTING ACTIVITIES
Capital Expenditures -$2.100M -$100.0K -$100.0K
YoY Change 425.0% 0.0% -91.67%
Acquisitions
YoY Change
Other Investing Activities -$17.00M -$21.30M $2.500M
YoY Change -79.74% -952.0% -204.17%
Cash From Investing Activities -$19.20M -$21.30M $2.500M
YoY Change -77.25% -952.0% -167.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.10M -11.50M -14.40M
YoY Change 28.18% -20.14% -21.31%
NET CHANGE
Cash From Operating Activities 17.40M 13.80M 14.90M
Cash From Investing Activities -19.20M -21.30M 2.500M
Cash From Financing Activities -14.10M -11.50M -14.40M
Net Change In Cash -15.90M -19.00M 3.000M
YoY Change -81.16% -733.33% -86.73%
FREE CASH FLOW
Cash From Operating Activities $17.40M $13.80M $14.90M
Capital Expenditures -$2.100M -$100.0K -$100.0K
Free Cash Flow $19.50M $13.90M $15.00M
YoY Change 71.05% -7.33% -67.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
178132000
CY2017Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
6922000
CY2017Q3 us-gaap Assets Current
AssetsCurrent
165698000
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
19734000
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4318000
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
225795000
CY2017Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
14416000
CY2017Q3 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
19036000
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
528000
CY2017Q3 us-gaap Assets
Assets
247648000
CY2017Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15329000
CY2017Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6151000
CY2017Q3 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
6151000
CY2017Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
3291000
CY2017Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
329000
CY2017Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3291000
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
4429000
CY2017Q3 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
242000
CY2017Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
4736000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70221000
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
136923000 shares
CY2017Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
10317000
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
136923000 shares
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
1369000
CY2017Q3 us-gaap Cost Method Investments
CostMethodInvestments
31909000
CY2017Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5887000
CY2017Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2386000
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3688000
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
1952000
CY2017Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
522000
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14990000
CY2017Q3 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
23333000
CY2017Q3 us-gaap Goodwill
Goodwill
1799000
CY2017Q3 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
2999000
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
6028000
CY2017Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
22111000
CY2017Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
9953000
CY2017Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
12000
CY2017Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
1234000
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
13000
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
14293000
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
2999000
CY2017Q3 us-gaap Held To Maturity Securities Noncurrent
HeldToMaturitySecuritiesNoncurrent
20334000
CY2017Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1384000
CY2017Q3 us-gaap Liabilities
Liabilities
44672000
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
247648000
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
39936000
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
625000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3139000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
34912000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3762000
CY2017Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
3671000
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
800000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2873000
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3707000
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11004000
CY2017Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
1059000
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-24716000
CY2017Q3 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Owned
SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
68412000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
202976000
CY2017Q3 wetf Deferred Tax Assets Operating Loss Carryforwards Federal
DeferredTaxAssetsOperatingLossCarryforwardsFederal
1398000
CY2017Q3 wetf Cash And Cash Equivalents At Carrying Value Held At One Financial Institution
CashAndCashEquivalentsAtCarryingValueHeldAtOneFinancialInstitution
42635000
CY2017Q3 wetf Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
9442000
CY2017Q3 wetf Deferred Tax Liabilities Incentive Compensation
DeferredTaxLiabilitiesIncentiveCompensation
338000
CY2017Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
3608000
CY2017Q3 wetf Deferred Tax Liabilities Unrealized Gains On Available For Sale And Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnAvailableForSaleAndTradingSecurities
2641000
CY2017Q3 wetf Operating Leases Future Minimum Payments Due In Five Years And Thereafter
OperatingLeasesFutureMinimumPaymentsDueInFiveYearsAndThereafter
24079000
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
136911671 shares
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
210070000
CY2016Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
5806000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
177192000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17668000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3261000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
224739000
CY2016Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
13584000
CY2016Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
17349000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-44000
CY2016Q4 us-gaap Assets
Assets
249767000
CY2016Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3537000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92722000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
136475000 shares
CY2016Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
55619000
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
136475000 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
1365000
CY2016Q4 us-gaap Cost Method Investments
CostMethodInvestments
20000000
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4071000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
18448000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
4552000
CY2016Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
101000
CY2016Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
4896000
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
9826000
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
9826000
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
4551000
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
227000
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4551000
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2405000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5382000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
2024000
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
301000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14652000
CY2016Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
22496000
CY2016Q4 us-gaap Goodwill
Goodwill
1799000
CY2016Q4 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
3994000
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
4031000
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
21156000
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
9953000
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
13000
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
1353000
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
1023000
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
13448000
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
3994000
CY2016Q4 us-gaap Held To Maturity Securities Noncurrent
HeldToMaturitySecuritiesNoncurrent
18502000
CY2016Q4 us-gaap Liabilities
Liabilities
48423000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
249767000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
43527000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
555000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
747000
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3346000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11748000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-24716000
CY2016Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Owned
SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
58907000
CY2016Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
1248000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
201344000
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
4700000
CY2016Q4 wetf Deferred Tax Assets Operating Loss Carryforwards Federal
DeferredTaxAssetsOperatingLossCarryforwardsFederal
1611000
CY2016Q4 wetf Cash And Cash Equivalents At Carrying Value Held At One Financial Institution
CashAndCashEquivalentsAtCarryingValueHeldAtOneFinancialInstitution
56484000
CY2016Q4 wetf Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
14377000
CY2016Q4 wetf Deferred Tax Liabilities Incentive Compensation
DeferredTaxLiabilitiesIncentiveCompensation
1365000
CY2017Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
10000000 shares
us-gaap Asset Management Costs
AssetManagementCosts
31037000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
909118 shares
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6738000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-218000
us-gaap Business Development
BusinessDevelopment
9356000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-31938000
us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
3932000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24704000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
978000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
14761000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.497 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
815000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
47053000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6664000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-18944000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
2260000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
1336000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-10207000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1370000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23375000
us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
168099000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
44897000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3221000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
11998000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4941000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
43945000
us-gaap Operating Expenses
OperatingExpenses
121595000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-71757000
us-gaap Net Income Loss
NetIncomeLoss
23678000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1026000
us-gaap Other Expenses
OtherExpenses
5186000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1026000
us-gaap Other Income
OtherIncome
549000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
248000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
6048000
us-gaap Payments Of Dividends
PaymentsOfDividends
32748000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
39116000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
11818000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
654000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
13579000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
107000
us-gaap Professional Fees
ProfessionalFees
5235000
us-gaap Revenues
Revenues
168648000
us-gaap Share Based Compensation
ShareBasedCompensation
11092000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135583000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1042000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134541000 shares
wetf Increase Decrease In Fund Management And Administration Payable
IncreaseDecreaseInFundManagementAndAdministrationPayable
414000
wetf Third Party Sharing Arrangements
ThirdPartySharingArrangements
2238000
dei Amendment Flag
AmendmentFlag
false
us-gaap Asset Management Costs
AssetManagementCosts
30574000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1745469 shares
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
687000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-3545000
us-gaap Business Development
BusinessDevelopment
9968000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22501000
us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
4102000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27533000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1042000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3823000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.487 pure
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
1179000
dei Entity Registrant Name
EntityRegistrantName
WisdomTree Investments, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0000880631
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
6909000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
52543000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
22130000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
115000
us-gaap Increase Decrease In Financial Instruments Sold Not Yet Purchased
IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased
-1249000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-628000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
1041000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1969000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
31000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
361000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25582000
us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
-1146000
us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
166950000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
55787000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3327000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
10676000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-17809000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
31079000
us-gaap Operating Expenses
OperatingExpenses
123470000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-36950000
us-gaap Net Income Loss
NetIncomeLoss
26961000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-230000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
572000
us-gaap Other Expenses
OtherExpenses
5195000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
802000
us-gaap Other Income
OtherIncome
2154000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-524000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
3009000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5000000
us-gaap Payments Of Dividends
PaymentsOfDividends
32825000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
76776000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4178000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
253000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
65067000
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2162000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
53000
us-gaap Professional Fees
ProfessionalFees
3814000
us-gaap Revenues
Revenues
176013000
us-gaap Share Based Compensation
ShareBasedCompensation
10558000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P1Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardDescription
On June 20, 2016, the Company's stockholders approved a new equity award plan under which the Company can issue up to 10,000,000 shares of common stock (less one share for every share granted under prior plans since March 31, 2016 and inclusive of shares available under the prior plans as of March 31, 2016) in the form of stock options and other stock-based awards.
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
Stock options may be issued for terms of ten years
dei Trading Symbol
TradingSymbol
WETF
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135768000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1216000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of the Company&#x2019;s consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet dates and the reported amounts of revenues and expenses for the periods presented. Actual results could differ materially from those estimates.</p> </div>
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134552000 shares
wetf Increase Decrease In Fund Management And Administration Payable
IncreaseDecreaseInFundManagementAndAdministrationPayable
561000
wetf Deferred Tax Assets Operating Loss Carryforwards Net Of Tax
DeferredTaxAssetsOperatingLossCarryforwardsNetOfTax
3291000
wetf Income Tax Expense Associated With Stock Compensation Shortfalls
IncomeTaxExpenseAssociatedWithStockCompensationShortfalls
1338000
wetf Third Party Sharing Arrangements
ThirdPartySharingArrangements
2312000
wetf Cash Equivalents Maturity Period
CashEquivalentsMaturityPeriod
P90D
wetf Operating Loss Carry Forward Expiration Year
OperatingLossCarryForwardExpirationYear
2024
wetf Number Of Securities Determined To Be Other Than Temporarily Impaired
NumberOfSecuritiesDeterminedToBeOtherThanTemporarilyImpaired
0 Securities
wetf Number Of Available For Securities Determined To Be Other Than Temporarily Impaired
NumberOfAvailableForSecuritiesDeterminedToBeOtherThanTemporarilyImpaired
0 Securities
wetf Cash And Cash Equivalents Criteria Maturity Period
CashAndCashEquivalentsCriteriaMaturityPeriod
P90D
wetf Stock Option Issuance Period
StockOptionIssuancePeriod
P10Y
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
7955000
wetf Reduction In Basic Eps Due To Allocation Of Income To Participating Securities
ReductionInBasicEpsDueToAllocationOfIncomeToParticipatingSecurities
0.01
CY2016 wetf Number Of Securities Determined To Be Other Than Temporarily Impaired
NumberOfSecuritiesDeterminedToBeOtherThanTemporarilyImpaired
0 Securities
CY2016 wetf Number Of Available For Securities Determined To Be Other Than Temporarily Impaired
NumberOfAvailableForSecuritiesDeterminedToBeOtherThanTemporarilyImpaired
0 Securities
CY2016Q3 us-gaap Asset Management Costs
AssetManagementCosts
10372000
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
516630 shares
CY2016Q3 us-gaap Business Development
BusinessDevelopment
3075000
CY2016Q3 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
1469000
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8061000
CY2016Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
332000
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.441 pure
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14225000
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6270000
CY2016Q3 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
51553000
CY2016Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
15328000
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1203000
CY2016Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3600000
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
37564000
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
106000
CY2016Q3 us-gaap Other Expenses
OtherExpenses
1731000
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
106000
CY2016Q3 us-gaap Other Income
OtherIncome
236000
CY2016Q3 us-gaap Professional Fees
ProfessionalFees
1035000
CY2016Q3 us-gaap Revenues
Revenues
51789000
CY2016Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3822000
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135190000 shares
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1144000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134046000 shares
CY2016Q3 wetf Third Party Sharing Arrangements
ThirdPartySharingArrangements
622000
CY2017Q3 us-gaap Asset Management Costs
AssetManagementCosts
10862000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
337682 shares
CY2017Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
277000
CY2017Q3 us-gaap Business Development
BusinessDevelopment
3617000
CY2017Q3 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
1378000
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8243000
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
353000
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.485 pure
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15496000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7520000
CY2017Q3 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
57574000
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
19492000
CY2017Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1177000
CY2017Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3314000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
42490000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
7976000
CY2017Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-96000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
267000
CY2017Q3 us-gaap Other Expenses
OtherExpenses
1729000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
363000
CY2017Q3 us-gaap Other Income
OtherIncome
412000
CY2017Q3 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
19003000
CY2017Q3 us-gaap Professional Fees
ProfessionalFees
1035000
CY2017Q3 us-gaap Revenues
Revenues
57986000
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3607000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
135933000 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1224000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134709000 shares
CY2017Q3 wetf Income Tax Expense Associated With Stock Compensation Shortfalls
IncomeTaxExpenseAssociatedWithStockCompensationShortfalls
248000
CY2017Q3 wetf Third Party Sharing Arrangements
ThirdPartySharingArrangements
710000

Files In Submission

Name View Source Status
0001193125-17-337061-index-headers.html Edgar Link pending
0001193125-17-337061-index.html Edgar Link pending
0001193125-17-337061.txt Edgar Link pending
0001193125-17-337061-xbrl.zip Edgar Link pending
d443878d10q.htm Edgar Link pending
d443878dex311.htm Edgar Link pending
d443878dex312.htm Edgar Link pending
d443878dex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g443878g1104082229744.jpg Edgar Link pending
g443878g1104082229916.jpg Edgar Link pending
g443878g1104082230041.jpg Edgar Link pending
g443878g1104082230167.jpg Edgar Link pending
g443878g1104082230307.jpg Edgar Link pending
g443878g1104082230428.jpg Edgar Link pending
g443878g1104082230646.jpg Edgar Link pending
g443878g1104082230786.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wetf-20170930.xml Edgar Link completed
wetf-20170930.xsd Edgar Link pending
wetf-20170930_cal.xml Edgar Link unprocessable
wetf-20170930_def.xml Edgar Link unprocessable
wetf-20170930_lab.xml Edgar Link unprocessable
wetf-20170930_pre.xml Edgar Link unprocessable