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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating Revenues:        
Total revenues $ 74,775 $ 56,242 $ 133,679 $ 109,609
Operating Expenses:        
Compensation and benefits 19,301 18,421 38,133 36,295
Fund management and administration 14,621 10,112 25,533 19,712
Marketing and advertising 3,778 3,825 6,973 7,362
Sales and business development 4,503 3,389 8,316 6,351
Contractual gold payments (Note 11) 2,715   2,715  
Professional and consulting fees 1,560 1,221 3,196 2,779
Occupancy, communications and equipment 1,574 1,371 2,937 2,724
Depreciation and amortization 337 352 692 689
Third-party distribution fees 1,666 670 3,391 1,602
Acquisition-related costs (Note 3) 7,928   9,990  
Other 2,261 1,842 4,051 3,466
Total expenses 60,244 41,203 105,927 80,980
Operating income 14,531 15,039 27,752 28,629
Other Income/(Expenses):        
Interest expense (2,356)   (2,356)  
Gain on revaluation of deferred consideration - gold payments (Note 11) 9,898   9,898  
Interest income 612 641 1,574 1,225
Settlement gain   6,909   6,909
Other gains and losses, net (501) (364) (762) 284
Income before taxes 22,184 22,225 36,106 37,047
Income tax expense 5,460 10,120 9,958 18,062
Net income $ 16,724 $ 12,105 $ 26,148 $ 18,985
Net income per share-basic $ 0.10 $ 0.09 $ 0.17 $ 0.14
Net income per share-diluted $ 0.10 $ 0.09 $ 0.17 $ 0.14
Weighted-average common shares-basic 149,056 134,557 142,230 134,472
Weighted-average common shares-diluted 163,346 135,574 149,979 135,613
Cash dividends declared per common share $ 0.03 $ 0.08 $ 0.06 $ 0.16
Advisory Fees [Member]        
Operating Revenues:        
Total revenues $ 73,778 $ 55,856 $ 132,234 $ 108,884
Other Income [Member]        
Operating Revenues:        
Total revenues $ 997 $ 386 $ 1,445 $ 725