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CONDENSED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME        
Revenues $ 70,701 $ 70,597 $ 143,264 $ 137,168
Operating expenses        
Direct costs and expenses for advisors 41,370 43,007 85,325 84,163
Selling, general and administrative 20,885 20,492 40,472 39,532
Depreciation and amortization 1,298 1,255 2,587 2,615
Operating income 7,148 5,843 14,880 10,858
Interest income 44 60 89 131
Interest expense (610) (613) (1,173) (1,256)
Foreign currency transaction gain (loss) 94 8 118 (3)
Income before taxes 6,676 5,298 13,914 9,730
Income tax provision 1,719 1,192 4,027 2,200
Net income $ 4,957 $ 4,106 $ 9,887 $ 7,530
Weighted average shares outstanding:        
Basic 48,160 48,307 48,343 48,406
Diluted 50,742 51,315 51,034 51,814
Earnings per share:        
Basic $ 0.10 $ 0.08 $ 0.20 $ 0.16
Diluted $ 0.10 $ 0.08 $ 0.19 $ 0.15
Comprehensive income:        
Net income $ 4,957 $ 4,106 $ 9,887 $ 7,530
Foreign currency translation, net of tax benefit (expense) of $717, $(66), $886 and $277 respectively (2,268) 209 (2,802) (852)
Comprehensive income $ 2,689 $ 4,315 $ 7,085 $ 6,678