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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating Revenues:        
Total revenues $ 72,570 $ 57,714 $ 206,249 $ 167,322
Operating Expenses:        
Compensation and benefits 17,544 19,492 55,677 55,787
Fund management and administration 15,292 10,862 40,825 30,574
Marketing and advertising 3,239 3,314 10,212 10,676
Sales and business development 3,801 3,617 12,117 9,968
Contractual gold payments (Note 11) 2,880   5,595  
Professional and consulting fees 1,934 1,035 5,130 3,814
Occupancy, communications and equipment 1,722 1,378 4,659 4,102
Depreciation and amortization 306 353 998 1,042
Third-party distribution fees 1,407 710 4,798 2,312
Acquisition-related costs (Note 3) 456   10,446  
Other 2,281 1,729 6,332 5,195
Total expenses 50,862 42,490 156,789 123,470
Operating income 21,708 15,224 49,460 43,852
Other Income/(Expenses):        
Interest expense (2,747)   (5,103)  
Gain on revaluation of deferred consideration - gold payments (Note 11) 7,732   17,630  
Interest income 719 772 2,293 1,999
Settlement gain       6,909
Other gains and losses, net 118 (500) (644) (217)
Income before taxes 27,530 15,496 63,636 52,543
Income tax expense 5,481 7,520 15,439 25,582
Net income $ 22,049 $ 7,976 $ 48,197 $ 26,961
Earnings per share-basic $ 0.13 $ 0.06 $ 0.31 $ 0.20
Earnings per share-diluted $ 0.13 $ 0.06 $ 0.31 $ 0.20
Weighted-average common shares-basic 150,892 134,709 145,149 134,552
Weighted-average common shares-diluted 166,622 135,933 155,584 135,768
Cash dividends declared per common share $ 0.03 $ 0.08 $ 0.09 $ 0.24
Advisory Fees [Member]        
Operating Revenues:        
Total revenues $ 71,679 $ 57,293 $ 203,913 $ 166,177
Other Income [Member]        
Operating Revenues:        
Total revenues $ 891 $ 421 $ 2,336 $ 1,145