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, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue      
Total revenue $ 131,603 $ 107,983 $ 102,152
Expenses      
Compensation and benefits 72,564 62,379 60,038
General and administrative 28,518 23,323 23,241
Total expenses 101,082 85,702 83,279
Income before other income (expense), net 30,521 22,281 18,873
Other income (expense), net      
Other income (expense), net 190 243 255
Interest income 7 13 169
Interest expense (383) (563) (481)
Equity income from investments 1,534 898 1,774
Total other income (expense), net 1,348 591 1,717
Income before provision for income taxes 31,869 22,872 20,590
Provision for income taxes (6,923) (5,394) (5,178)
Net income 24,946 17,478 15,412
Less: net income attributable to non-controlling interests (10,253) (7,518) (6,766)
Net income attributable to Silvercrest $ 14,693 $ 9,960 $ 8,646
Net income per share:      
Basic $ 1.52 $ 1.05 $ 0.98
Diluted $ 1.52 $ 1.05 $ 0.98
Weighted average shares outstanding:      
Basic 9,673,597 9,503,197 8,797,118
Diluted 9,690,309 9,510,720 8,799,643
Management and Advisory Fees      
Revenue      
Total revenue $ 126,976 $ 103,775 $ 97,970
Performance Fees and Allocations      
Revenue      
Total revenue 86   25
Family Office Services      
Revenue      
Total revenue $ 4,541 $ 4,208 $ 4,157