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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES        
Total revenues $ 62,472 $ 46,738 $ 119,725 $ 90,019
OPERATING EXPENSES        
Compensation and benefits 36,311 17,815 71,953 36,309
Professional fees 2,992 2,740 6,834 5,352
General, administrative and other 5,037 4,250 9,894 8,362
Contingent consideration expense 80 (140) 470 (13)
Amortization of intangibles 7,326 6,153 14,574 12,334
Strategic alliance expense 402 153 805 305
Total operating expenses 52,148 30,971 104,530 62,649
INCOME FROM OPERATIONS 10,324 15,767 15,195 27,370
OTHER (EXPENSE)/INCOME        
Interest expense, net (5,426) (1,525) (10,598) (2,910)
Other (expense)/income (832) 791 (719) 1,120
Total other (expense) (6,258) (734) (11,317) (1,790)
Net income before income taxes 4,066 15,033 3,878 25,580
Income tax expense (1,964) (3,879) (1,007) (6,634)
NET INCOME 2,102 11,154 2,871 18,946
Less: net income attributable to noncontrolling interest in P10 Intermediate (339) 0 (503) 0
NET INCOME ATTRIBUTABLE TO P10 $ 1,763 $ 11,154 $ 2,368 $ 18,946
Earnings per share        
Basic earnings per share $ 0.02 $ 0.1 $ 0.02 $ 0.16
Diluted earnings per share 0.02 0.09 0.02 0.16
Dividends paid per share $ 0.03 $ 0.03 $ 0.06 $ 0.03
Weighted average shares outstanding, basic 116,168 117,193 116,063 117,193
Weighted average shares outstanding, diluted 123,874 120,981 123,918 121,259
Management and Advisory Fees        
REVENUES        
Total revenues $ 61,657 $ 46,451 $ 118,244 $ 89,478
Other Revenue        
REVENUES        
Total revenues $ 815 $ 287 $ 1,481 $ 541