Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue      
Total revenue $ 117,410 $ 123,217 $ 131,603
Expenses      
Compensation and benefits 72,619 71,610 72,564
General and administrative 25,972 13,045 28,518
Total expenses 98,591 84,655 101,082
Income before other income (expense), net 18,819 38,562 30,521
Other income (expense), net      
Other income (expense), net 76 260 190
Interest income 946 24 7
Interest expense (421) (416) (383)
Equity income from investments 73 (31) 1,534
Total other income (expense), net 674 (163) 1,348
Income before provision for income taxes 19,493 38,399 31,869
Provision for income taxes (4,310) (7,606) (6,923)
Net income 15,183 30,793 24,946
Less: net income attributable to non-controlling interests (6,089) (11,965) (10,253)
Net income attributable to Silvercrest $ 9,094 $ 18,828 $ 14,693
Net income per share:      
Basic $ 0.96 $ 1.92 $ 1.52
Diluted $ 0.96 $ 1.92 $ 1.52
Weighted average shares outstanding:      
Basic 9,431,404 9,792,928 9,673,597
Diluted 9,464,339 9,821,441 9,690,309
Management and Advisory Fees      
Revenue      
Total revenue $ 112,794 $ 118,725 $ 126,976
Performance Fees and Allocations      
Revenue      
Total revenue   2 86
Family Office Services      
Revenue      
Total revenue $ 4,616 $ 4,490 $ 4,541