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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Investment Banking Revenue $ 133,850 $ 139,995 $ 372,771 $ 337,743
Investment Management Revenue 20,434 24,723 60,234 78,154
Other Revenue, Including Interest 2,760 3,036 6,649 11,002
Total Revenues 157,044 167,754 439,654 426,899
Interest Expense 4,015 4,573 11,330 15,416
Net Revenues 153,029 [1] 163,181 [1] 428,324 [1] 411,483 [1]
Expenses        
Employee Compensation and Benefits 101,364 113,634 296,381 282,800
Occupancy and Equipment Rental 8,882 5,976 26,273 16,767
Professional Fees 10,752 9,395 26,080 25,404
Travel and Related Expenses 6,802 5,856 21,183 15,785
Communications and Information Services 2,915 1,574 8,731 5,548
Depreciation and Amortization 3,828 4,886 12,870 10,882
Special Charges   2,626 662 2,626
Acquisition and Transition Costs   1,178 148 2,312
Other Operating Expenses 4,241 4,614 12,699 12,538
Total Expenses 138,784 149,739 405,027 374,662
Income (Loss) Before Income from Equity Method Investments and Income Taxes 14,245 13,442 23,297 36,821
Income from Equity Method Investments 415 195 3,519 664
Income Before Income Taxes 14,660 13,637 26,816 37,485
Provision for Income Taxes 7,187 11,144 12,322 21,644
Net Income from Continuing Operations 7,473 2,493 14,494 15,841
Discontinued Operations        
Income (Loss) from Discontinued Operations   (1,718)   (2,755)
Provision (Benefit) for Income Taxes   (518)   (783)
Net Income (Loss) from Discontinued Operations   (1,200)   (1,972)
Net Income 7,473 1,293 14,494 13,869
Net Income (Loss) Attributable to Noncontrolling Interest 2,172 (466) 4,627 6,261
Net Income Attributable to Evercore Partners Inc. 5,301 1,759 9,867 7,608
Net Income (Loss) Attributable to Evercore Partners Inc. Common Shareholders:        
From Continuing Operations 5,280 1,936 9,804 7,858
From Discontinued Operations   (198)   (313)
Net Income Attributable to Evercore Partners Inc. $ 5,280 $ 1,738 $ 9,804 $ 7,545
Weighted Average Shares of Class A Common Stock Outstanding        
Basic 28,841 28,967 29,063 25,146
Diluted 31,440 31,235 31,973 28,534
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:        
From Continuing Operations $ 0.18 $ 0.06 $ 0.34 $ 0.31
From Discontinued Operations       $ (0.01)
Net Income Attributable to Evercore Partners Inc. $ 0.18 $ 0.06 $ 0.34 $ 0.30
Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:        
From Continuing Operations $ 0.17 $ 0.06 $ 0.31 $ 0.27
From Discontinued Operations       $ (0.01)
Net Income Attributable to Evercore Partners Inc. $ 0.17 $ 0.06 $ 0.31 $ 0.26
Dividends Declared per Share of Class A Common Stock $ 0.20 $ 0.18 $ 0.60 $ 0.54
[1] Net revenues include Other Revenue, net, allocated to the segments as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2012 2011 2012 2011 Investment Banking (A) $ (435 ) $ (829 ) $ (2,407 ) $ (2,222 ) Investment Management (B) (820 ) (708 ) (2,274 ) (2,192 ) Total Other Revenue, net $ (1,255 ) $ (1,537 ) $ (4,681 ) $ (4,414 ) (A) Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $1,082 and $3,227 for the three and nine months ended September 30, 2012, respectively, and $1,059 and $3,171 for the three and nine months ended September 30, 2011, respectively. (B) Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $914 and $2,727 for the three and nine months ended September 30, 2012, respectively, and $894 and $2,678 for the three and nine months ended September 30, 2011, respectively.