v3.26.1
Segment Reporting - Summary of Information About Reported Segment Revenue, Segment Profit or Loss and Significant Segment Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting Information [Line Items]    
Total revenues $ 75,024 $ 67,667
Less: cash compensation and benefits, net of one-time expenses (38,486) (37,080)
Less: stock based compensation 8,845 6,565
Less: professional fees, net of one-time expenses (5,822) (6,515)
Less: general, administrative and other, net of one-time expenses (9,681) (6,825)
Net income 9,689 4,696
Deferred Profit Sharing    
Segment Reporting Information [Line Items]    
Less: cash compensation and benefits, net of one-time expenses [1] 1,149 1,162
Operating Segments    
Segment Reporting Information [Line Items]    
Total revenues 75,024 67,667
Less: cash compensation and benefits, net of one-time expenses (28,255) (25,633)
Less: stock based compensation (8,845) (6,565)
Less: professional fees, net of one-time expenses (4,271) (3,450)
Less: general, administrative and other, net of one-time expenses (6,811) (5,745)
Less: other segment items [2] (13,856) (19,692)
Net income 9,689 4,696
Operating Segments | Deferred Profit Sharing    
Segment Reporting Information [Line Items]    
Less: cash compensation and benefits, net of one-time expenses [3] (1,149) (1,162)
Operating Segments | Placement Agent Expense    
Segment Reporting Information [Line Items]    
Less: general, administrative and other, net of one-time expenses $ (2,148) $ (724)
[1] Management profit share represents compensation expense attributable to variable compensation structures tied to the profitability of our business, paid to senior employees.
[2] Other segment items included in net income include (i) remeasurement of contingent consideration, amortization of intangibles, strategic alliance expense, income tax expense, interest expense, net, as well as other income, and (ii) one-time expenses excluded from the significant segment expenses.
[3] Management profit share represents compensation expense attributable to variable compensation structures tied to the profitability of our business, paid to senior employees.