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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, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME        
Revenues $ 74,609 $ 70,701 $ 153,095 $ 143,264
Operating expenses        
Direct costs and expenses for advisors 45,847 41,370 95,016 85,325
Selling, general and administrative 22,330 20,885 43,000 40,472
Depreciation and amortization 1,569 1,298 3,166 2,587
Operating income 4,863 7,148 11,913 14,880
Interest income 97 44 181 89
Interest expense (1,407) (610) (3,143) (1,173)
Foreign currency transaction (loss) gain 156 94 (38) 118
Income before taxes 3,709 6,676 8,913 13,914
Income tax provision 1,376 1,719 3,089 4,027
Net income $ 2,333 $ 4,957 $ 5,824 $ 9,887
Weighted average shares outstanding:        
Basic 48,476 48,160 48,457 48,343
Diluted 50,317 50,742 50,302 51,034
Earnings per share:        
Basic $ 0.05 $ 0.10 $ 0.12 $ 0.20
Diluted $ 0.05 $ 0.10 $ 0.12 $ 0.19
Comprehensive income:        
Net income $ 2,333 $ 4,957 $ 5,824 $ 9,887
Foreign currency translation (loss) gain, net of tax benefit (expense) of $56, $717, $(42), and $886, respectively (167) (2,268) 156 (2,802)
Comprehensive income $ 2,166 $ 2,689 $ 5,980 $ 7,085