Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue      
Management and advisory fees $ 71,759 $ 65,026 $ 53,465
Performance fees and allocations 11 221 1,830
Family office services 3,368 4,225 4,756
Total revenue 75,138 69,472 60,051
Expenses      
Compensation and benefits 42,856 40,290 30,322
General and administrative 15,325 13,860 13,197
Total expenses 58,181 54,150 43,519
Income before other income (expense), net 16,957 15,322 16,532
Other income (expense), net      
Other income (expense), net 1,268 876 3,118
Interest income 72 69 92
Interest expense (261) (381) (447)
Equity income from investments 18 1,208 21
Total other income (expense), net 1,097 1,772 2,784
Income before provision for income taxes 18,054 17,094 19,316
Provision for income taxes (6,969) (6,386) (2,148)
Net income 11,085 10,708 17,168
Less: net income attributable to non-controlling interests (5,761) (5,933) (3,478)
Net income attributable to Silvercrest $ 5,324 $ 4,775 $ 13,690
Net income per share/unit:      
Basic $ 0.68 $ 0.63 $ 1.68
Diluted $ 0.68 $ 0.63 $ 1.63
Weighted average shares/units outstanding:      
Basic 7,855,038 7,600,739 8,145,476
Diluted 7,855,038 7,600,739 8,374,025