Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue      
Total revenue $ 123,217 $ 131,603 $ 107,983
Expenses      
Compensation and benefits 71,610 72,564 62,379
General and administrative 13,045 28,518 23,323
Total expenses 84,655 101,082 85,702
Income before other income (expense), net 38,562 30,521 22,281
Other income (expense), net      
Other income (expense), net 260 190 243
Interest income 24 7 13
Interest expense (416) (383) (563)
Equity income from investments (31) 1,534 898
Total other income (expense), net (163) 1,348 591
Income before provision for income taxes 38,399 31,869 22,872
Provision for income taxes (7,606) (6,923) (5,394)
Net income 30,793 24,946 17,478
Less: net income attributable to non-controlling interests (11,965) (10,253) (7,518)
Net income attributable to Silvercrest $ 18,828 $ 14,693 $ 9,960
Net income per share:      
Basic $ 1.92 $ 1.52 $ 1.05
Diluted $ 1.92 $ 1.52 $ 1.05
Weighted average shares outstanding:      
Basic 9,792,928 9,673,597 9,503,197
Diluted 9,821,441 9,690,309 9,510,720
Management and Advisory Fees      
Revenue      
Total revenue $ 118,725 $ 126,976 $ 103,775
Performance Fees and Allocations      
Revenue      
Total revenue 2 86  
Family Office Services      
Revenue      
Total revenue $ 4,490 $ 4,541 $ 4,208