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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenues:    
Total revenues $ 108,082 $ 96,838
Operating Expenses:    
Compensation and benefits 33,788 31,054
Fund management and administration 20,714 19,962
Marketing and advertising 4,813 4,408
Sales and business development 4,137 3,611
Professional fees 2,782 3,630
Occupancy, communications and equipment 1,482 1,210
Depreciation and amortization 540 383
Third-party distribution fees 3,112 2,307
Other 2,552 2,323
Total operating expenses 73,920 68,888
Operating income 34,162 27,950
Other Income/(Expenses):    
Interest expense (5,441) (4,128)
Interest income 1,897 1,398
Other losses and gains, net (250) 2,592
Income before income taxes 30,368 27,812
Income tax expense 5,739 5,701
Net income $ 24,629 $ 22,111
Earnings per share—basic (in Dollars per share) $ 0.17 $ 0.14
Earnings per share—diluted (in Dollars per share) $ 0.17 $ 0.13
Weighted-average common shares—basic (in Shares) 142,580 146,464
Weighted-average common shares—diluted (in Shares) 146,545 165,268
Cash dividends declared per common share (in Dollars per share) $ 0.03 $ 0.03
Advisory fees    
Operating Revenues:    
Total revenues $ 99,549 $ 92,501
Other revenues    
Operating Revenues:    
Total revenues $ 8,533 $ 4,337