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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue from Contract with Customer, Including Assessed Tax $ 400,000    
Other Revenue, Net (339,000) $ 346,000 $ 799,000
Total revenues 73,054,000 65,111,000 84,079,000
Employee compensation and benefits 42,532,000 42,141,000 50,152,000
Amortization of intangible assets 1,624,000 1,721,000 1,726,000
Unrealized Gain (Loss) on Investments (1,797,000) (711,000) 3,296,000
Net interest and dividend revenue 868,000 604,000 1,318,000
Other Income 602,000 135,000 144,000
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax   (4,169,000)  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 14,003,000 (7,588,000) 9,402,000
Provision for income taxes 4,240,000 1,359,000 3,491,000
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 9,763,000 (8,947,000) 5,911,000
Goodwill impairment loss $ 3,403,000 $ 3,403,000 $ 0
Basic (in dollars per share) $ 1.24 $ (1.12) $ 0.70
Diluted (in dollars per share) $ 1.23 $ (1.12) $ 0.70
Sales and marketing $ 1,280,000 $ 1,194,000 $ 2,068,000
Westwood mutual funds 2,657,000 1,681,000 3,097,000
Information technology 8,161,000 8,111,000 8,426,000
Professional services 4,391,000 4,271,000 4,322,000
General and administrative 8,074,000 8,941,000 9,516,000
Operating Expenses 67,095,000 68,558,000 79,435,000
Operating Income (Loss) 5,959,000 (3,447,000) 4,644,000
Realized Investment Gains (Losses) 8,371,000    
Expenses:      
Employee compensation and benefits 42,532,000 42,141,000 50,152,000
Sales and marketing 1,280,000 1,194,000 2,068,000
Westwood mutual funds 2,657,000 1,681,000 3,097,000
Information technology 8,161,000 8,111,000 8,426,000
Professional services 4,391,000 4,271,000 4,322,000
General and administrative 8,074,000 8,941,000 9,516,000
Foreign Currency Transaction Gain (Loss), before Tax 0 (1,184,000) (1,854,000)
Operating Income (Loss) 5,959,000 (3,447,000) 4,644,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal     3,296,000
Income (loss) before income taxes 14,003,000 (7,588,000) 9,402,000
Provision for income taxes 4,240,000 1,359,000 3,491,000
Net income (loss) 9,763,000 (8,947,000) 5,911,000
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 0 (1,226,000) 1,940,000
Other comprehensive income (loss)   (1,226,000) 1,940,000
Total comprehensive income (loss) $ 9,763,000 $ (6,004,000) $ 7,851,000
Earnings (loss) per share:      
Basic (in dollars per share) $ 1.24 $ (1.12) $ 0.70
Diluted (in dollars per share) $ 1.23 $ (1.12) $ 0.70
Weighted average shares outstanding:      
Basic (in shares) 7,875,395 7,987,554 8,408,017
Diluted (in shares) 7,927,972 7,987,554 8,463,239
Unrealized Gain (Loss) on Investments $ (1,797,000) $ (711,000) $ 3,296,000
Investment Income, Investment Expense 868,000 604,000 1,318,000
Other Income 602,000 135,000 144,000
Goodwill impairment loss 3,403,000 3,403,000 0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax   (4,169,000)  
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax 0 4,169,000 0
General and Administrative Expense [Member]      
Amortization of intangible assets 1,600,000 1,700,000  
Asset Management [Member]      
Revenue from Contract with Customer, Including Assessed Tax 45,927,000 38,028,000 57,033,000
Investment Performance [Member]      
Revenue from Contract with Customer, Including Assessed Tax 3,335,000 2,808,000 764,000
Fiduciary and Trust [Member]      
Revenue from Contract with Customer, Including Assessed Tax 24,030,000 23,563,000 25,483,000
Trust performance-based fees [Member]      
Revenue from Contract with Customer, Including Assessed Tax $ 101,000 $ 366,000 $ 0