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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues:    
Total revenues $ 96,838 $ 82,044 Close
Operating Expenses:    
Compensation and benefits 31,054 27,398
Fund management and administration 19,962 17,153
Marketing and advertising 4,408 4,007
Sales and business development 3,611 2,994
Contractual gold payments (Note 9) 4,486
Professional fees 3,630 3,715
Occupancy, communications and equipment 1,210 1,101
Depreciation and amortization 383 109
Third-party distribution fees 2,307 2,253
Other 2,323 2,257
Total operating expenses 68,888 65,473 Close
Operating income 27,950 16,571 Close
Other Income/(Expenses):     Close
Interest expense (4,128) (4,002) Close
Gain on revaluation/termination of deferred consideration—gold payments (Note 9) 20,592 Close
Interest income 1,398 1,083 Close
Impairments (Note 25) (4,900) Close
Loss on extinguishment of convertible notes (Note 10) (9,721) Close
Other gains and losses, net 2,592 (2,007) Close
Total Other Income Expenses -138.0 1045.0 0 0 0 Close
Income before income taxes 27,812 17,616 CloseClose
Income tax expense 5,701 1,383 Close
Net income $ 22,111 $ 16,233 Close
Earnings per share—basic (in Dollars per share) $ 0.14 $ 0.1
Earnings per share—diluted (in Dollars per share) $ 0.13 $ 0.1
Weighted-average common shares—basic (in Shares) 146,464,000 143,862,000
Weighted-average common shares—diluted (in Shares) 165,268,000 159,887,000
Cash dividends declared per common share (in Dollars per share) $ 0.03 $ 0.03
Advisory fees    
Operating Revenues:    
Total revenues $ 92,501 $ 77,637
Other income    
Operating Revenues:    
Total revenues $ 4,337 $ 4,407