Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total revenue $ 30,424 $ 29,704 $ 91,689 $ 88,868
Expenses        
Compensation and benefits 18,598 16,691 54,760 49,945
General and administrative 7,369 6,494 21,259 19,135
Total expenses 25,967 23,185 76,019 69,080
Income before other (expense) income, net 4,457 6,519 15,670 19,788
Other (expense) income, net        
Other (expense) income, net 10 (37) 25 31
Interest income 374 376 1,010 421
Interest expense (15) (86) (95) (314)
Total other (expense) income, net 369 253 940 138
Income before provision for income taxes 4,826 6,772 16,610 19,926
Provision for income taxes 1,096 1,392 3,585 4,101
Net income 3,730 5,380 13,025 15,825
Less: net income attributable to non-controlling interests (1,478) (2,164) (5,108) (6,320)
Net income attributable to Silvercrest $ 2,252 $ 3,216 $ 7,917 $ 9,505
Net income per share        
Basic $ 0.24 $ 0.34 $ 0.83 $ 1.01
Diluted $ 0.24 $ 0.34 $ 0.83 $ 1
Weighted average shares outstanding        
Basic 9,541,407 9,354,747 9,510,495 9,452,576
Diluted 9,579,172 9,378,479 9,547,659 9,478,090
Management and Advisory Fees        
Revenue        
Total revenue $ 29,380 $ 28,425 $ 88,445 $ 85,445
Family Office Services        
Revenue        
Total revenue $ 1,044 $ 1,279 $ 3,244 $ 3,423