Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Management and advisory fees $ 18,403 $ 17,672 $ 36,737 $ 34,375
Family office services 934 874 1,863 1,599
Total revenue 19,337 18,546 38,600 35,974
Expenses        
Compensation and benefits 11,782 10,431 23,224 20,193
General and administrative 4,050 3,512 8,247 7,040
Total expenses 15,832 13,943 31,471 27,233
Income before other (expense) income, net 3,505 4,603 7,129 8,741
Other (expense) income, net        
Other income, net 108 997 116 1,005
Interest income 15 17 32 37
Interest expense (62) (56) (127) (114)
Total other (expense) income, net 61 958 21 928
Income before provision for income taxes 3,566 5,561 7,150 9,669
Provision for income taxes 1,460 2,234 2,548 3,532
Net income 2,106 3,327 4,602 6,137
Less: net income attributable to non-controlling interests (1,180) (1,606) (2,369) (3,013)
Net income attributable to Silvercrest $ 926 $ 1,721 $ 2,233 $ 3,124
Net income per share:        
Basic $ 0.12 $ 0.22 $ 0.28 $ 0.40
Diluted $ 0.12 $ 0.22 $ 0.28 $ 0.40
Weighted average shares outstanding:        
Basic 8,027,825 7,822,394 8,011,773 7,796,645
Diluted 8,034,686 7,822,394 8,015,203 7,796,645