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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES        
Total revenues $ 38,145 $ 15,381 $ 104,901 $ 42,682
OPERATING EXPENSES        
Compensation and benefits 14,009 5,918 38,119 15,818
Professional fees 2,595 2,627 7,856 5,177
General, administrative and other 3,019 1,068 8,310 3,160
Amortization of intangibles 7,484 3,572 22,452 9,606
Total operating expenses 27,107 13,185 76,737 33,761
INCOME FROM OPERATIONS 11,038 2,196 28,164 8,921
OTHER (EXPENSE)/INCOME        
Interest expense implied on notes payable to sellers (223) (216) (657) (771)
Interest expense, net (5,261) (2,089) (15,761) (6,498)
Other income/(expense) 283 (1) 668 21
Total other (expense) (5,201) (2,306) (15,750) (7,248)
Net income/(loss) before income taxes 5,837 (110) 12,414 1,673
Income tax (expense) benefit (1,759) 175 (3,154) 1,513
NET INCOME 4,078 65 9,260 3,186
Less: preferred dividends attributable to redeemable noncontrolling interest (494) (153) (1,483) (306)
NET INCOME/(LOSS) ATTRIBUTABLE TO P10 $ 3,584 $ (88) $ 7,777 $ 2,880
Earnings per share        
Basic earnings per share $ 0.06 $ (0.00) $ 0.12 $ 0.05
Diluted earnings per share $ 0.04 $ (0.00) $ 0.08 $ 0.04
Weighted average shares outstanding, basic 62,464 62,464 62,464 62,464
Weighted average shares outstanding, diluted 66,787 62,464 66,702 64,442
Management and Advisory Fees        
REVENUES        
Total revenues $ 37,939 $ 15,222 $ 104,029 $ 41,821
Other Revenue [Member]        
REVENUES        
Total revenues $ 206 $ 159 $ 872 $ 861