XML 86 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Other revenues $ 15,982 $ 15,976 $ 6,777
Income of consolidated funds 6,732 6,489 4,102
Total Revenues 597,346 507,223 858,337
Expenses      
Compensation and benefits 418,349 312,723 436,549
Interest expense 24,900 24,179 23,191
General, administrative and other 149,961 181,977 152,071
Expenses of consolidated funds 646 406 9,391
Total Expenses 593,856 519,285 621,202
Other Income (Loss)      
Changes in tax receivable agreement liability 4,776 2,218 222,859
Net losses on early retirement of debt (6,375) (14,303) 0
Net gains (losses) on investments 8,068 (7,055) 3,465
Net gains (losses) of consolidated funds 3,768 (5,200) 8,472
Total Other Income (Loss) 10,237 (24,340) 234,796
Income (Loss) Before Income Taxes 13,727 (36,402) 471,931
Income taxes 34,112 12,500 317,559
Consolidated and Comprehensive Net (Loss) Income (20,385) (48,902) 154,372
Less: Net loss (income) attributable to noncontrolling interests 36,184 24,909 (131,630)
Less: Net income attributable to redeemable noncontrolling interests (8,745) (291) (1,667)
Net Income (Loss) Attributable to Sculptor Capital Management, Inc. 7,054 (24,284) 21,075
Change in redemption value of Preferred Units 44,364 0 (2,853)
Net Income (Loss) Attributable to Class A Shareholders $ 51,418 $ (24,284) $ 18,222
Earnings (Loss) per Class A Share      
Earnings (Loss) Per Class A Share, Basic (in dollars per share) $ 2.48 $ (1.26) $ 0.98
Earnings (Loss) Per Class A Share, Diluted (in dollars per share) $ 1.57 $ (1.26) $ 0.97
Weighted-Average Class A Shares Outstanding, Basic (in shares) 20,773,493 19,270,929 18,642,379
Weighted-Average Class A Shares Outstanding, Diluted (in shares) 46,300,690 19,270,929 18,718,176
Management fees      
Revenues      
Investment management revenues $ 253,011 $ 281,862 $ 319,458
Incentive income      
Revenues      
Investment management revenues $ 321,621 $ 202,896 $ 528,000