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v2.4.1.9

Consolidated Statements of Income (USD $) | 12 Months Ended
--- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012
REVENUES: |  |  |
Investment advisory | $ 89,900,834 us-gaap_InvestmentAdvisoryFees | $ 69,966,377 us-gaap_InvestmentAdvisoryFees | $ 57,783,131 us-gaap_InvestmentAdvisoryFees
Mutual fund administration, net | 14,657,931 dhil_RevenueFromAdministrativeServicesNet | 11,465,327 dhil_RevenueFromAdministrativeServicesNet | 8,874,177 dhil_RevenueFromAdministrativeServicesNet
Total revenue | 104,558,765 us-gaap_Revenues | 81,431,704 us-gaap_Revenues | 66,657,308 us-gaap_Revenues
OPERATING EXPENSES: |  |  |
Compensation and related costs | 43,892,336 us-gaap_LaborAndRelatedExpense | 40,851,722 us-gaap_LaborAndRelatedExpense | 33,868,225 us-gaap_LaborAndRelatedExpense
General and administrative | 8,099,410 us-gaap_GeneralAndAdministrativeExpense | 6,042,781 us-gaap_GeneralAndAdministrativeExpense | 4,986,559 us-gaap_GeneralAndAdministrativeExpense
Sales and marketing | 2,222,382 us-gaap_SellingAndMarketingExpense | 2,098,915 us-gaap_SellingAndMarketingExpense | 1,817,124 us-gaap_SellingAndMarketingExpense
Mutual fund administration | 2,884,495 us-gaap_AssetManagementCosts | 1,756,366 us-gaap_AssetManagementCosts | 1,556,909 us-gaap_AssetManagementCosts
Total operating expenses | 57,098,623 us-gaap_OperatingExpenses | 50,749,784 us-gaap_OperatingExpenses | 42,228,817 us-gaap_OperatingExpenses
NET OPERATING INCOME | 47,460,142 us-gaap_OperatingIncomeLoss | 30,681,920 us-gaap_OperatingIncomeLoss | 24,428,491 us-gaap_OperatingIncomeLoss
Investment income | 2,905,794 us-gaap_InvestmentIncomeNonoperating | 4,950,245 us-gaap_InvestmentIncomeNonoperating | 1,654,124 us-gaap_InvestmentIncomeNonoperating
INCOME BEFORE TAXES | 50,365,936 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 35,632,165 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 26,082,615 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision | (18,785,005)us-gaap_IncomeTaxExpenseBenefit | (13,477,337)us-gaap_IncomeTaxExpenseBenefit | (9,151,723)us-gaap_IncomeTaxExpenseBenefit
NET INCOME | $ 31,580,931 us-gaap_NetIncomeLoss | $ 22,154,828 us-gaap_NetIncomeLoss | $ 16,930,892 us-gaap_NetIncomeLoss
Earnings per share |  |  |
Basic (per share) | $ 9.88 us-gaap_EarningsPerShareBasic | $ 7.05 us-gaap_EarningsPerShareBasic | $ 5.44 us-gaap_EarningsPerShareBasic
Diluted (per share) | $ 9.67 us-gaap_EarningsPerShareDiluted | $ 6.94 us-gaap_EarningsPerShareDiluted | $ 5.44 us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding |  |  |
Basic (in shares) | 3,196,127 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 3,142,083 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 3,111,328 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) | 3,266,168 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 3,194,263 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 3,111,328 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

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