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, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Total revenue $ 102,152 $ 98,673 $ 91,358
Expenses      
Compensation and benefits 60,038 57,938 54,143
General and administrative 23,241 19,583 16,846
Total expenses 83,279 77,521 70,989
Income before other income (expense), net 18,873 21,152 20,369
Other income (expense), net      
Other income (expense), net 255 (15) 5,346
Interest income 169 274 47
Interest expense (481) (62) (112)
Equity income from investments 1,774 1,477 615
Total other income (expense), net 1,717 1,674 5,896
Income before provision for income taxes 20,590 22,826 26,265
Provision for income taxes (5,178) (5,458) (13,734)
Net income 15,412 17,368 12,531
Less: net income attributable to non-controlling interests (6,766) (7,738) (7,194)
Net income attributable to Silvercrest $ 8,646 $ 9,630 $ 5,337
Net income per share:      
Basic $ 0.98 $ 1.16 $ 0.66
Diluted $ 0.98 $ 1.16 $ 0.66
Weighted average shares outstanding:      
Basic 8,797,118 8,298,354 8,110,128
Diluted 8,799,643 8,302,768 8,117,407
Management and Advisory Fees      
Revenue      
Total revenue $ 97,970 $ 94,675 $ 86,542
Performance Fees and Allocations      
Revenue      
Total revenue 25 25 834
Family Office Services      
Revenue      
Total revenue $ 4,157 $ 3,973 $ 3,982