Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue      
Total revenue $ 107,983 $ 102,152 $ 98,673
Expenses      
Compensation and benefits 62,379 60,038 57,938
General and administrative 23,323 23,241 19,583
Total expenses 85,702 83,279 77,521
Income before other income (expense), net 22,281 18,873 21,152
Other income (expense), net      
Other income (expense), net 243 255 (15)
Interest income 13 169 274
Interest expense (563)   (62)
Equity income from investments 898 1,774 1,477
Total other income (expense), net 591 1,717 1,674
Income before provision for income taxes 22,872 20,590 22,826
Provision for income taxes (5,394) (5,178) (5,458)
Net income 17,478 15,412 17,368
Less: net income attributable to non-controlling interests (7,518) (6,766) (7,738)
Net income attributable to Silvercrest $ 9,960 $ 8,646 $ 9,630
Net income per share:      
Basic $ 1.05 $ 0.98 $ 1.16
Diluted $ 1.05 $ 0.98 $ 1.16
Weighted average shares outstanding:      
Basic 9,503,197 8,797,118 8,298,354
Diluted 9,510,720 8,799,643 8,302,768
Management and Advisory Fees      
Revenue      
Total revenue $ 103,775 $ 97,970 $ 94,675
Performance Fees and Allocations      
Revenue      
Total revenue   25 25
Family Office Services      
Revenue      
Total revenue $ 4,208 $ 4,157 $ 3,973