WESTWOOD HOLDINGS GROUP INC

For the period ended Sep 30, 2024. Filed Oct 30, 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.

Sep 30, 2024 · Filed Oct 30, 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 September 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, June 30, 2024	9,293,447	$123	$202,064	$(88,005)	$4,339	$1,945	$120,466
Net income	—	—	—	—	105	54	159
Dividends declared ($0.15 per share)	—	—	(1,226)	—	(151)	—	(1,377)
Stock-based compensation expense	—	—	1,409	—	—	—	1,409
Purchases of treasury stock	(21,879)	—	—	(273)	—	—	(273)
Balance, September 30, 2024	9,271,568	$123	$202,247	$(88,278)	$4,293	$1,999	$120,384

Common Stock, Par · Additional Paid-In Capital · Treasury Stock · Retained Earnings (Accumulated Deficit) · Noncontrolling Interest · Total
Shares · Amount
Balance, June 30, 2023	9,182,770	$119		$200,885		$(85,965)		$(959)		$1,019		$115,099
Net income	—	—		—		—		3,356		1,019		4,375
Issuance of restricted stock, net of forfeitures	(54)	—		—		—		—		—		—
Dividends declared ($0.15 per share)	—	—		(1,200)		—		(185)		—		(1,385)
Stock-based compensation expense	—	—		1,739		—		—		—		1,739
Restricted stock returned for payment of taxes	(2,521)		—		(25)		—		—		(25)
Balance, September 30, 2023	9,180,195	$119		$201,424		$(85,990)		$2,212		$2,038		$119,803

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

For the Nine Months Ended September 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)	—	—	—	—	158	(46)	112
Issuance of restricted stock, net of forfeitures	317,336	4	(4)	—	—	—	—
Dividends declared ($0.45 per share)	—	—	(3,692)	—	(515)	—	(4,207)
Stock-based compensation expense	—	—	4,321	—	—	—	4,321
Purchases of treasury stock	(108,225)	—	—	(1,348)	—	—	(1,348)
Restricted stock returned for payment of taxes	(78,303)	—	—	(940)	—	—	(940)
Balance, September 30, 2024	9,271,568	$123	$202,247	$(88,278)	$4,293	$1,999	$120,384

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	—	—	—	—	6,944	1,044	7,988
Acquisition	—	—	—	—	—	994	994
Issuance of restricted stock, net of forfeitures	368,628	4	(4)	—	—	—	—
Dividends declared ($0.45 per share)	—	—	(3,597)	—	(479)	—	(4,076)
Stock-based compensation expense	—	—	5,111	—	—	—	5,111
Restricted stock returned for payment of taxes	(70,264)	—	—	(862)	—	—	(862)
Balance, September 30, 2023	9,180,195	$119	$201,424	$(85,990)	$2,212	$2,038	$119,803

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.