Consolidated Statements of Operations - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
| Revenue |
|
|
|
| Management and advisory fees |
$ 71,759
|
$ 65,026
|
$ 53,465
|
| Performance fees and allocations |
11
|
221
|
1,830
|
| Family office services |
3,368
|
4,225
|
4,756
|
| Total revenue |
75,138
|
69,472
|
60,051
|
| Expenses |
|
|
|
| Compensation and benefits |
42,856
|
40,290
|
30,322
|
| General and administrative |
15,325
|
13,860
|
13,197
|
| Total expenses |
58,181
|
54,150
|
43,519
|
| Income before other income (expense), net |
16,957
|
15,322
|
16,532
|
| Other income (expense), net |
|
|
|
| Other income (expense), net |
1,268
|
876
|
3,118
|
| Interest income |
72
|
69
|
92
|
| Interest expense |
(261)
|
(381)
|
(447)
|
| Equity income from investments |
18
|
1,208
|
21
|
| Total other income (expense), net |
1,097
|
1,772
|
2,784
|
| Income before provision for income taxes |
18,054
|
17,094
|
19,316
|
| Provision for income taxes |
(6,969)
|
(6,386)
|
(2,148)
|
| Net income |
11,085
|
10,708
|
17,168
|
| Less: net income attributable to non-controlling interests |
(5,761)
|
(5,933)
|
(3,478)
|
| Net income attributable to Silvercrest |
$ 5,324
|
$ 4,775
|
$ 13,690
|
| Net income per share/unit: |
|
|
|
| Basic |
$ 0.68
|
$ 0.63
|
$ 1.68
|
| Diluted |
$ 0.68
|
$ 0.63
|
$ 1.63
|
| Weighted average shares/units outstanding: |
|
|
|
| Basic |
7,855,038
|
7,600,739
|
8,145,476
|
| Diluted |
7,855,038
|
7,600,739
|
8,374,025
|