v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue        
Total revenue $ 33,101 $ 24,021 $ 64,338 $ 52,386
Expenses        
Compensation and benefits 18,475 13,367 36,124 29,075
General and administrative 7,284 9,297 15,184 9,340
Total expenses 25,759 22,664 51,308 38,415
Income before other (expense) income, net 7,342 1,357 13,030 13,971
Other (expense) income, net        
Other (expense) income, net 8 8 15 15
Interest income 2 4 4 10
Interest expense (97) (134) (202) (325)
Total other (expense) income, net (87) (122) (183) (300)
Income before provision for income taxes 7,255 1,235 12,847 13,671
Provision for income taxes 1,594 453 2,851 3,199
Net income 5,661 782 9,996 10,472
Less: net income attributable to non-controlling interests (2,326) (292) (4,109) (4,450)
Net income attributable to Silvercrest $ 3,335 $ 490 $ 5,887 $ 6,022
Net income per share:        
Basic $ 0.35 $ 0.05 $ 0.61 $ 0.64
Diluted $ 0.35 $ 0.05 $ 0.61 $ 0.64
Weighted average shares outstanding:        
Basic 9,662,809 9,511,767 9,657,317 9,451,567
Diluted 9,678,466 9,520,655 9,669,288 9,458,363
Management and Advisory Fees        
Revenue        
Total revenue $ 31,982 $ 23,018 $ 62,187 $ 50,406
Family Office Services        
Revenue        
Total revenue $ 1,119 $ 1,003 $ 2,151 $ 1,980

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