Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue      
Management and advisory fees $ 76,185 $ 71,759 $ 65,026
Performance fees and allocations 322 11 221
Family office services 3,755 3,368 4,225
Total revenue 80,262 75,138 69,472
Expenses      
Compensation and benefits 49,009 42,856 40,290
General and administrative 16,617 15,325 13,860
Total expenses 65,626 58,181 54,150
Income before other income (expense), net 14,636 16,957 15,322
Other income (expense), net      
Other income (expense), net (105) 1,268 876
Interest income 61 72 69
Interest expense (228) (261) (381)
Equity income from investments 304 18 1,208
Total other income (expense), net 32 1,097 1,772
Income before provision for income taxes 14,668 18,054 17,094
Provision for income taxes (4,686) (6,969) (6,386)
Net income 9,982 11,085 10,708
Less: net income attributable to non-controlling interests (4,967) (5,761) (5,933)
Net income attributable to Silvercrest $ 5,015 $ 5,324 $ 4,775
Net income per share:      
Basic $ 0.62 $ 0.68 $ 0.63
Diluted $ 0.62 $ 0.68 $ 0.63
Weighted average shares outstanding:      
Basic 8,031,161 7,855,038 7,600,739
Diluted 8,038,177 7,855,038 7,600,739