WESTWOOD HOLDINGS GROUP INC

For the period ended Jun 30, 2024. Filed Jul 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Jul 31, 2024

WHG$18.55-0.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Stockholders’ Equity

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

For the Three Months Ended June 30, 2024 and 2023

(In thousands, except share amounts)

Common Stock, Par · Additional Paid-In Capital · Treasury Stock · Retained Earnings (Accumulated Deficit) · Noncontrolling Interest · Total
Shares · Amount
Balance, March 31, 2024	9,330,762	$122	$201,899	$(86,930)	$6,749	$1,915	$123,755
Net income (loss)	—	—	—	—	(2,243)	30	(2,213)
Issuance of restricted stock, net of forfeitures	49,031	1	(1)	—	—	—	—
Dividends declared ($0.15 per share)	—	—	(1,231)	—	(167)	—	(1,398)
Stock-based compensation expense	—	—	1,397	—	—	—	1,397
Purchases of treasury stock	(86,346)	—	—	(1,075)	—	—	(1,075)
Balance, June 30, 2024	9,293,447	$123	$202,064	$(88,005)	$4,339	$1,945	$120,466

Common Stock, Par · Additional Paid-In Capital · Treasury Stock · Retained Earnings (Accumulated Deficit) · Noncontrolling Interest · Total
Shares · Amount
Balance, March 31, 2023	9,212,390	$119	$200,453	$(85,965)	$(3,752)	$1,015	$111,870
Net income	—	—	—	—	2,895	4	2,899
Issuance of restricted stock, net of forfeitures	(29,620)	—	—	—	—	—	—
Dividends declared ($0.15 per share)	—	—	(1,192)	—	(102)	—	(1,294)
Stock-based compensation expense	—	—	1,624	—	—	—	1,624
Balance, June 30, 2023	9,182,770	$119	$200,885	$(85,965)	$(959)	$1,019	$115,099

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

For the Six Months Ended June 30, 2024 and 2023

(In thousands, except share amounts)

Common Stock, Par · Additional Paid-In Capital · Treasury Stock · Retained Earnings (Accumulated Deficit) · Noncontrolling Interest · Total
Shares · Amount
Balance, December 31, 2023	9,140,760	$119	$201,622	$(85,990)	$4,650	$2,045	$122,446
Net income (loss)	—	—	—	—	53	(100)	(47)
Issuance of restricted stock, net of forfeitures	317,336	4	(4)	—	—	—	—
Dividends declared ($0.30 per share)	—	—	(2,466)	—	(364)	—	(2,830)
Stock-based compensation expense	—	—	2,912	—	—	—	2,912
Purchases of treasury stock	(86,346)	—	—	(1,075)	—	—	(1,075)
Restricted stock returned for payment of taxes	(78,303)	—	—	(940)	—	—	(940)
Balance, June 30, 2024	9,293,447	$123	$202,064	$(88,005)	$4,339	$1,945	$120,466

Common Stock, Par · Additional Paid-In Capital · Treasury Stock · Retained Earnings (Accumulated Deficit) · Noncontrolling Interest · Total
Shares · Amount
Balance, December 31, 2022	8,881,831	$115	$199,914	$(85,128)	$(4,253)	$—	$110,648
Net income	—	—	—	—	3,588	25	3,613
Acquisition	—	—	—	—	—	994	994
Issuance of restricted stock, net of forfeitures	368,682	4	(4)	—	—	—	—
Dividends declared ($0.30 per share)	—	—	(2,397)	—	(294)	—	(2,691)
Stock-based compensation expense	—	—	3,372	—	—	—	3,372
Restricted stock returned for payment of taxes	(67,743)	—	—	(837)	—	—	(837)
Balance, June 30, 2023	9,182,770	$119	$200,885	$(85,965)	$(959)	$1,019	$115,099

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.