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v2.4.1.9

Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended
--- | ---
Mar. 31, 2015 | Mar. 31, 2014
Revenue: |  |
Advisory fees | $ 59,869 us-gaap_InvestmentAdvisoryFees | $ 42,609 us-gaap_InvestmentAdvisoryFees
Other income | 272 us-gaap_OtherIncome | 311 us-gaap_OtherIncome
Total revenues | 60,141 us-gaap_Revenues | 42,920 us-gaap_Revenues
Expenses: |  |
Compensation and benefits | 19,601 us-gaap_LaborAndRelatedExpense | 9,355 us-gaap_LaborAndRelatedExpense
Fund management and administration | 10,168 us-gaap_AssetManagementCosts | 9,168 us-gaap_AssetManagementCosts
Marketing and advertising | 3,076 us-gaap_MarketingAndAdvertisingExpense | 2,578 us-gaap_MarketingAndAdvertisingExpense
Sales and business development | 1,900 us-gaap_BusinessDevelopment | 1,301 us-gaap_BusinessDevelopment
Professional and consulting fees | 1,463 us-gaap_ProfessionalFees | 1,795 us-gaap_ProfessionalFees
Occupancy, communications, and equipment | 918 us-gaap_CommunicationsInformationTechnologyAndOccupancy | 900 us-gaap_CommunicationsInformationTechnologyAndOccupancy
Depreciation and amortization | 220 us-gaap_DepreciationAndAmortization | 192 us-gaap_DepreciationAndAmortization
Third party sharing arrangements | 283 wetf_ThirdPartySharingArrangements | 10 wetf_ThirdPartySharingArrangements
Acquisition contingent payment | 257 us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 |
Other | 1,235 us-gaap_OtherExpenses | 1,142 us-gaap_OtherExpenses
Total expenses | 39,121 us-gaap_OperatingExpenses | 26,441 us-gaap_OperatingExpenses
Income before taxes | 21,020 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 16,479 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense/(benefit) | 8,958 us-gaap_IncomeTaxExpenseBenefit | (13,725)us-gaap_IncomeTaxExpenseBenefit
Net income | $ 12,062 us-gaap_NetIncomeLoss | $ 30,204 us-gaap_NetIncomeLoss
Net income per share-basic | $ 0.09 us-gaap_EarningsPerShareBasic | $ 0.23 us-gaap_EarningsPerShareBasic
Net income per share-diluted | $ 0.09 us-gaap_EarningsPerShareDiluted | $ 0.22 us-gaap_EarningsPerShareDiluted
Weighted-average common shares-basic | 134,075 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 130,934 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted-average common shares-diluted | 137,311 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 138,667 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per common share | $ 0.08 us-gaap_CommonStockDividendsPerShareDeclared |

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