Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue      
Management and advisory fees $ 86,542 $ 76,185 $ 71,759
Performance fees and allocations 834 322 11
Family office services 3,982 3,755 3,368
Total revenue 91,358 80,262 75,138
Expenses      
Compensation and benefits 54,143 49,009 42,856
General and administrative 16,846 16,617 15,325
Total expenses 70,989 65,626 58,181
Income before other income (expense), net 20,369 14,636 16,957
Other income (expense), net      
Other income (expense), net 5,346 (105) 1,268
Interest income 47 61 72
Interest expense (112) (228) (261)
Equity income from investments 615 304 18
Total other income (expense), net 5,896 32 1,097
Income before provision for income taxes 26,265 14,668 18,054
Provision for income taxes (13,734) (4,686) (6,969)
Net income 12,531 9,982 11,085
Less: net income attributable to non-controlling interests (7,194) (4,967) (5,761)
Net income attributable to Silvercrest $ 5,337 $ 5,015 $ 5,324
Net income per share:      
Basic $ 0.66 $ 0.62 $ 0.68
Diluted $ 0.66 $ 0.62 $ 0.68
Weighted average shares outstanding:      
Basic 8,110,128 8,031,161 7,855,038
Diluted 8,117,407 8,038,177 7,855,038