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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME        
Revenues $ 64,263 $ 74,609 $ 128,532 $ 153,095
Operating expenses        
Direct costs and expenses for advisors 38,908 45,847 79,954 95,016
Selling, general and administrative 20,083 22,330 44,171 43,000
Depreciation and amortization 1,622 1,569 3,127 3,166
Operating income 3,650 4,863 1,280 11,913
Interest income 222 97 479 181
Interest expense (1,568) (1,407) (3,068) (3,143)
Foreign currency transaction gain (loss) 13 156 6 (38)
Income (Loss) before taxes 2,317 3,709 (1,303) 8,913
Income tax provision 279 1,376 48 3,089
Net income (loss) $ 2,038 $ 2,333 $ (1,351) $ 5,824
Weighted average shares outstanding:        
Basic 48,798 48,476 48,645 48,457
Diluted 49,577 50,317 48,645 50,302
Earnings (loss) per share:        
Basic $ 0.04 $ 0.05 $ (0.03) $ 0.12
Diluted $ 0.04 $ 0.05 $ (0.03) $ 0.12
Comprehensive (loss) income:        
Net income (loss) $ 2,038 $ 2,333 $ (1,351) $ 5,824
Foreign currency translation gain (loss), net of tax (expense) benefit of $(40), $56, $(90) and $(42), respectively 73 (167) (581) 156
Comprehensive income (loss) $ 2,111 $ 2,166 $ (1,932) $ 5,980