XML 38 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Income Statement [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 7,603us-gaap_ProfitLoss $ 238us-gaap_ProfitLoss
Revenues    
Advisory revenues 61,892us-gaap_InvestmentBankingRevenue 48,455us-gaap_InvestmentBankingRevenue
Investment revenues (losses) (9)ghl_InvestmentRevenues (4,886)ghl_InvestmentRevenues
Total revenues 61,883us-gaap_Revenues 43,569us-gaap_Revenues
Expenses    
Employee compensation and benefits 33,417us-gaap_LaborAndRelatedExpense 28,843us-gaap_LaborAndRelatedExpense
Occupancy and equipment rental 4,860us-gaap_OccupancyNet 4,314us-gaap_OccupancyNet
Depreciation and amortization 721us-gaap_DepreciationAndAmortization 813us-gaap_DepreciationAndAmortization
Information services 2,190us-gaap_InformationTechnologyAndDataProcessing 2,029us-gaap_InformationTechnologyAndDataProcessing
Professional fees 2,392us-gaap_ProfessionalFees 1,178us-gaap_ProfessionalFees
Travel related expenses 2,254us-gaap_TravelAndEntertainmentExpense 3,016us-gaap_TravelAndEntertainmentExpense
Interest expense 278us-gaap_InterestExpense 265us-gaap_InterestExpense
Other operating expenses 3,601us-gaap_OtherCostAndExpenseOperating 2,747us-gaap_OtherCostAndExpenseOperating
Total expenses 49,713us-gaap_OperatingExpenses 43,205us-gaap_OperatingExpenses
Income before taxes 12,170us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 364us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for taxes $ 4,567us-gaap_IncomeTaxExpenseBenefit $ 126us-gaap_IncomeTaxExpenseBenefit
Average shares outstanding:    
Basic (shares) 30,095,902us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 30,061,596us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (shares) 30,171,882us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 30,167,907us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Earnings per share:    
Basic (usd per share) $ 0.25us-gaap_EarningsPerShareBasic $ 0.01us-gaap_EarningsPerShareBasic
Diluted (usd per share) $ 0.25us-gaap_EarningsPerShareDiluted $ 0.01us-gaap_EarningsPerShareDiluted
Dividends declared and paid per share (usd per share) $ 0.45us-gaap_CommonStockDividendsPerShareCashPaid $ 0.45us-gaap_CommonStockDividendsPerShareCashPaid