WESTWOOD HOLDINGS GROUP INC
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
WHG$18.70+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except par values and share amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $20,422 | $23,859 |
| Accounts receivable | 14,394 | 13,900 |
| Investments, at fair value | 32,674 | 15,342 |
| Income taxes receivable | 205 | 446 |
| Other current assets | 4,543 | 4,645 |
| Total current assets | 72,238 | 58,192 |
| Investments | 7,247 | 4,455 |
| Equity method investments | 4,284 | 6,574 |
| Noncurrent investments at fair value | 241 | 3,027 |
| Goodwill | 39,501 | 35,732 |
| Deferred income taxes | 726 | 1,762 |
| Operating lease right-of-use assets | 3,673 | 4,976 |
| Intangible assets, net | 24,803 | 28,952 |
| Property and equipment, net of accumulated depreciation of $10,078 and $9,277 | 1,444 | 1,828 |
| Other long-term assets | 1,010 | 929 |
| Total long-term assets | 82,929 | 88,235 |
| Total assets | $155,167 | $146,427 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable and accrued liabilities | $6,130 | $5,678 |
| Dividends payable | 1,692 | 1,745 |
| Compensation and benefits payable | 9,539 | 8,689 |
| Operating lease liabilities | 1,286 | 1,502 |
| Total current liabilities | 18,647 | 17,614 |
| Accrued dividends | 675 | 701 |
| Contingent consideration | 10,133 | 12,901 |
| Noncurrent operating lease liabilities | 3,266 | 4,563 |
| Total long-term liabilities | 14,074 | 18,165 |
| Total liabilities | 32,721 | 35,779 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ Equity: | ||
| Common stock, $0.01 par value, authorized 25,000,000 shares, issued 11,856,737 and 11,527,544, respectively and outstanding 9,140,760 and 8,881,831, respectively | 119 | 115 |
| Additional paid-in capital | 201,622 | 199,914 |
| Treasury stock, at cost – 2,715,977 and 2,645,713, respectively | (85,990) | (85,128) |
| Retained earnings (accumulated deficit) | 4,650 | (4,253) |
| Total Westwood Holdings Group, Inc. stockholders’ equity | 120,401 | 110,648 |
| Noncontrolling interest in consolidated subsidiary | 2,045 | — |
| Total equity | 122,446 | 110,648 |
| Total liabilities and stockholders’ equity | $155,167 | $146,427 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.