Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue        
Total revenue $ 24,577 $ 22,091 $ 48,908 $ 44,042
Expenses        
Compensation and benefits 14,447 13,030 28,757 26,110
General and administrative 4,677 3,907 9,404 8,031
Total expenses 19,124 16,937 38,161 34,141
Income before other (expense) income, net 5,453 5,154 10,747 9,901
Other (expense) income, net        
Other (expense) income, net 8 8 18 16
Interest income 76 11 129 22
Interest expense (13) (34) (29) (68)
Total other (expense) income, net 71 (15) 118 (30)
Income before provision for income taxes 5,524 5,139 10,865 9,871
Provision for income taxes 1,331 1,539 2,622 2,971
Net income 4,193 3,600 8,243 6,900
Less: net income attributable to non-controlling interests (1,856) (1,742) (3,675) (3,355)
Net income attributable to Silvercrest $ 2,337 $ 1,858 $ 4,568 $ 3,545
Net income per share:        
Basic $ 0.28 $ 0.23 $ 0.55 $ 0.44
Diluted $ 0.28 $ 0.23 $ 0.55 $ 0.44
Weighted average shares outstanding:        
Basic 8,288,392 8,104,697 8,238,115 8,091,742
Diluted 8,292,809 8,111,930 8,243,163 8,100,640
Management and Advisory Fees        
Revenue        
Total revenue $ 23,539 $ 21,107 $ 46,842 $ 42,126
Performance Fees and Allocations        
Revenue        
Total revenue   10   10
Family Office Services        
Revenue        
Total revenue $ 1,038 $ 974 $ 2,066 $ 1,906