Consolidated Quarterly Results of Operations (unaudited)

The following represents the Company’s unaudited quarterly results for the years ended December 31, 2013 and 2012. These quarterly results were prepared in accordance with U.S. GAAP and reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the results. The amounts below reflect the reclassification of the historical results of Pan to Discontinued Operations.



	For the Three Months Ended
	December 31, 2013			September 30, 2013			June 30, 2013			March 31, 2013
Net Revenues	$	218,672		$	187,328		$	206,797		$	152,631
Total Expenses	174,796			155,460			168,616			136,381
Income Before Income from Equity Method Investments and Income Taxes	43,876			31,868			38,181			16,250
Income from Equity Method Investments	5,993			562			1,015			756
Income Before Income Taxes	49,869			32,430			39,196			17,006
Provision for Income Taxes	26,474			12,350			17,130			7,735
Net Income from Continuing Operations	23,395			20,080			22,066			9,271
Net Income (Loss) from Discontinued Operations	(16		)	(1,826		)	(55		)	(893		)
Net Income	23,379			18,254			22,011			8,378
Net Income Attributable to Noncontrolling Interest	6,474			4,292			5,585			2,409
Net Income Attributable to Evercore Partners Inc.	$	16,905		$	13,962		$	16,426		$	5,969
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	0.51		$	0.47		$	0.52		$	0.20
From Discontinued Operations	—			(0.04		)	—			(0.01		)
Net Income Per Share Attributable to Evercore Partners Inc. Common Shareholders	$	0.51		$	0.43		$	0.52		$	0.19
Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	0.42		$	0.39		$	0.44		$	0.17
From Discontinued Operations	—			(0.03		)	—			(0.01		)
Net Income Per Share Attributable to Evercore Partners Inc. Common Shareholders	$	0.42		$	0.36		$	0.44		$	0.16
Dividends Declared Per Share of Class A Common Stock	$	0.25		$	0.22		$	0.22		$	0.22



	For the Three Months Ended
	December 31, 2012		September 30, 2012		June 30, 2012		March 31, 2012
Net Revenues	$	214,049	$	153,029	$	172,497	$	102,798
Total Expenses	171,811		138,784		151,302		114,941
Income (Loss) Before Income from Equity Method Investments and Income Taxes	42,238		14,245		21,195		(12,143		)
Income from Equity Method Investments	1,333		415		719		2,385
Income (Loss) Before Income Taxes	43,571		14,660		21,914		(9,758		)
Provision (Benefit) for Income Taxes	18,586		7,187		9,773		(4,638		)
Net Income (Loss) from Continuing Operations	24,985		7,473		12,141		(5,120		)
Net Income (Loss) from Discontinued Operations	—		—		—		—
Net Income (Loss)	24,985		7,473		12,141		(5,120		)
Net Income (Loss) Attributable to Noncontrolling Interest	5,963		2,172		4,207		(1,752		)
Net Income (Loss) Attributable to Evercore Partners Inc.	$	19,022	$	5,301	$	7,934	$	(3,368	)
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	0.64	$	0.18	0.27		$	(0.12	)
From Discontinued Operations	—		—		—		—
Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders	$	0.64	$	0.18	$	0.27	$	(0.12	)
Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:
From Continuing Operations	$	0.56	$	0.17	$	0.25	$	(0.12	)
From Discontinued Operations	—		—		—		—
Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders	$	0.56	$	0.17	$	0.25	$	(0.12	)
Dividends Declared Per Share of Class A Common Stock	$	0.22	$	0.20	$	0.20	$	0.20