Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Total revenue $ 31,237 $ 28,365
Expenses    
Compensation and benefits 17,649 15,708
General and administrative 7,900 43
Total expenses 25,549 15,751
Income before other income (expense), net 5,688 12,614
Other income (expense), net    
Other income (expense), net 7 7
Interest income 2 6
Interest expense (105) (191)
Total other income (expense), net (96) (178)
Income before provision for income taxes 5,592 12,436
Provision for income taxes 1,257 2,746
Net income 4,335 9,690
Less: net income attributable to non-controlling interests (1,783) (4,158)
Net income attributable to Silvercrest $ 2,552 $ 5,532
Net income per share:    
Basic $ 0.26 $ 0.59
Diluted $ 0.26 $ 0.59
Weighted average shares outstanding:    
Basic 9,651,765 9,391,367
Diluted 9,660,007 9,396,072
Management and Advisory Fees    
Revenue    
Total revenue $ 30,205 $ 27,388
Family Office Services    
Revenue    
Total revenue $ 1,032 $ 977