The film grossed $64.3 million on a $15 million budget, and was well received by critics, who praised the direction, performances, themes and humor. Hoffman received a nomination for the Academy Award for Best Actor for his performance, and screenwriters David Mamet and Hilary Henkin were both nominated for Best Adapted Screenplay.
The film grossed $643 million on a $15 million budget and was well received by critics who praised the direction performances themes and humor Hoffman received a nomination for the Academy Award for Best Actor for his performance and screenwriters David Mamet and Hilary Henkin were both nominated for Best Adapted Screenplay