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CONDENSED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME        
Revenues $ 71,773 $ 68,836 $ 224,868 $ 212,100
Operating expenses        
Direct costs and expenses for advisors 43,032 39,786 138,048 125,111
Selling, general and administrative 20,992 20,334 63,992 60,806
Depreciation and amortization 1,526 1,286 4,692 3,872
Operating income 6,223 7,430 18,136 22,311
Interest income 104 37 285 126
Interest expense (1,533) (824) (4,676) (1,997)
Foreign currency transaction (loss) gain (2) 131 (40) 248
Income before taxes 4,792 6,774 13,705 20,688
Income tax provision 1,591 1,218 4,680 5,245
Net income $ 3,201 $ 5,556 $ 9,025 $ 15,443
Weighted average shares outstanding:        
Basic 48,711 47,888 48,542 48,191
Diluted 50,257 49,844 50,287 50,637
Earnings per share:        
Basic $ 0.07 $ 0.12 $ 0.19 $ 0.32
Diluted $ 0.06 $ 0.11 $ 0.18 $ 0.30
Comprehensive income:        
Net income $ 3,201 $ 5,556 $ 9,025 $ 15,443
Foreign currency translation loss, net of tax benefit of $128, $629, $86 and $1,515, respectively (427) (1,997) (271) (4,799)
Comprehensive income $ 2,774 $ 3,559 $ 8,754 $ 10,644