Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue      
Total revenue $ 98,673 $ 91,358 $ 80,262
Expenses      
Compensation and benefits 57,938 54,143 49,009
General and administrative 19,583 16,846 16,617
Total expenses 77,521 70,989 65,626
Income before other income (expense), net 21,152 20,369 14,636
Other income (expense), net      
Other income (expense), net (15) 5,346 (105)
Interest income 274 47 61
Interest expense (62) (112) (228)
Equity income from investments 1,477 615 304
Total other income (expense), net 1,674 5,896 32
Income before provision for income taxes 22,826 26,265 14,668
Provision for income taxes (5,458) (13,734) (4,686)
Net income 17,368 12,531 9,982
Less: net income attributable to non-controlling interests (7,738) (7,194) (4,967)
Net income attributable to Silvercrest $ 9,630 $ 5,337 $ 5,015
Net income per share:      
Basic $ 1.16 $ 0.66 $ 0.62
Diluted $ 1.16 $ 0.66 $ 0.62
Weighted average shares outstanding:      
Basic 8,298,354 8,110,128 8,031,161
Diluted 8,302,768 8,117,407 8,038,177
Management and Advisory Fees      
Revenue      
Total revenue $ 94,675 $ 86,542 $ 76,185
Performance Fees and Allocations      
Revenue      
Total revenue 25 834 322
Family Office Services      
Revenue      
Total revenue $ 3,973 $ 3,982 $ 3,755