Selected Quarterly Financial Data (Unaudited) |
19. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
The following is a summary of the quarterly results of operations of the Company for the years ended December 31, 2021 and 2020.
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2021 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Revenue |
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$ |
31,237 |
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$ |
33,101 |
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$ |
33,461 |
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$ |
33,804 |
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Income before other income (expense), net |
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$ |
5,688 |
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$ |
7,342 |
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$ |
8,181 |
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$ |
9,310 |
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Net income |
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$ |
4,335 |
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$ |
5,661 |
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$ |
6,354 |
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$ |
8,596 |
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Net income attributable to Silvercrest |
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$ |
2,552 |
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$ |
3,335 |
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$ |
3,723 |
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$ |
5,083 |
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Net income per share/unit - basic |
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$ |
0.26 |
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$ |
0.35 |
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$ |
0.38 |
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$ |
0.53 |
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Net income per share/unit - diluted |
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$ |
0.26 |
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$ |
0.35 |
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$ |
0.38 |
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$ |
0.53 |
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Weighted average shares/units outstanding - basic |
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9,651,765 |
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9,662,809 |
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9,670,054 |
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9,709,169 |
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Weighted average shares/units outstanding - diluted |
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9,660,007 |
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9,678,466 |
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9,691,103 |
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9,730,873 |
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2020 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Revenue |
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$ |
28,365 |
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$ |
24,021 |
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$ |
27,182 |
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$ |
28,415 |
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Income before other income (expense), net |
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$ |
12,614 |
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$ |
1,357 |
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$ |
4,949 |
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$ |
3,361 |
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Net income |
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$ |
9,690 |
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$ |
782 |
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$ |
3,480 |
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$ |
3,526 |
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Net income attributable to Silvercrest |
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$ |
5,532 |
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$ |
490 |
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$ |
2,059 |
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$ |
1,879 |
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Net income per share/unit - basic |
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$ |
0.59 |
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$ |
0.05 |
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$ |
0.21 |
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$ |
0.20 |
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Net income per share/unit – diluted |
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$ |
0.59 |
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$ |
0.05 |
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$ |
0.21 |
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$ |
0.20 |
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Weighted average shares/units outstanding - basic |
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9,391,367 |
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9,511,767 |
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9,532,362 |
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9,576,169 |
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Weighted average shares/units outstanding - diluted |
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9,396,072 |
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9,520,655 |
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9,540,604 |
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9,584,411 |
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