Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue    
Total revenue $ 28,365 $ 22,572
Expenses    
Compensation and benefits 15,708 13,363
General and administrative 43 5,210
Total expenses 15,751 18,573
Income before other income (expense), net 12,614 3,999
Other income (expense), net    
Other income (expense), net 7 7
Interest income 6 70
Interest expense (191) (8)
Total other income (expense), net (178) 69
Income before provision for income taxes 12,436 4,068
Provision for income taxes 2,746 1,023
Net income 9,690 3,045
Less: net income attributable to non-controlling interests (4,158) (1,336)
Net income attributable to Silvercrest $ 5,532 $ 1,709
Net income per share:    
Basic $ 0.59 $ 0.20
Diluted $ 0.59 $ 0.20
Weighted average shares outstanding:    
Basic 9,391,367 8,519,058
Diluted 9,396,072 8,522,850
Management and Advisory Fees    
Revenue    
Total revenue $ 27,388 $ 21,589
Family Office Services    
Revenue    
Total revenue $ 977 $ 983