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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Investment Banking Revenue $ 202,178 $ 163,975 $ 522,933 $ 478,812
Investment Management Revenue 24,777 24,238 73,493 70,764
Other Revenue, Including Interest 4,170 2,934 8,861 7,466
Total Revenues 231,125 191,147 605,287 557,042
Interest Expense 3,964 3,819 11,317 10,286
Net Revenues 227,161 [1] 187,328 [1] 593,970 [1] 546,756 [1]
Expenses        
Employee Compensation and Benefits 136,561 118,328 357,299 351,714
Occupancy and Equipment Rental 9,999 8,579 29,621 25,494
Professional Fees 10,862 9,920 31,361 27,053
Travel and Related Expenses 9,576 7,801 27,058 23,251
Communications and Information Services 3,974 3,043 11,269 9,825
Depreciation and Amortization 3,508 3,582 10,866 10,730
Special Charges 3,732 0 3,732 0
Acquisition and Transition Costs 4,122 0 5,238 58
Other Operating Expenses 5,481 4,207 14,431 12,332
Total Expenses 187,815 155,460 490,875 460,457
Income Before Income from Equity Method Investments and Income Taxes 39,346 31,868 103,095 86,299
Income from Equity Method Investments 1,102 562 3,381 2,333
Income Before Income Taxes 40,448 32,430 106,476 88,632
Provision for Income Taxes 15,264 12,350 38,214 37,215
Net Income from Continuing Operations 25,184 20,080 68,262 51,417
Discontinued Operations        
Income (Loss) from Discontinued Operations 0 (2,811) 0 (4,236)
Provision (Benefit) for Income Taxes 0 (985) 0 (1,462)
Net Income (Loss) from Discontinued Operations 0 (1,826) 0 (2,774)
Net Income 25,184 18,254 68,262 48,643
Net Income Attributable to Noncontrolling Interest 875 4,292 9,120 12,286
Net Income Attributable to Evercore Partners Inc. 24,309 13,962 59,142 36,357
Net Income (Loss) Attributable to Evercore Partners Inc. Common Shareholders:        
From Continuing Operations 24,309 14,996 59,142 37,890
From Discontinued Operations 0 (1,055) 0 (1,596)
Net Income Attributable to Evercore Partners Inc. Common Shareholders $ 24,309 $ 13,941 $ 59,142 $ 36,294
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 36,527 32,049 35,655 31,908
Diluted (in shares) 41,873 38,409 41,819 37,880
Basic Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:        
From Continuing Operations (in dollars per share) $ 0.67 $ 0.47 $ 1.66 $ 1.19
From Discontinued Operations (in dollars per share) $ 0.00 $ (0.04) $ 0.00 $ (0.05)
Net Income Per Share Attributable to Evercore Partners Inc. Common Shareholders (in dollars per share) $ 0.67 $ 0.43 $ 1.66 $ 1.14
Diluted Net Income (Loss) Per Share Attributable to Evercore Partners Inc. Common Shareholders:        
From Continuing Operations (in dollars per share) $ 0.58 $ 0.39 $ 1.41 $ 1.00
From Discontinued Operations (in dollars per share) $ 0.00 $ (0.03) $ 0.00 $ (0.04)
Net Income Per Share Attributable to Evercore Partners Inc. Common Shareholders (in dollars per share) $ 0.58 $ 0.36 $ 1.41 $ 0.96
Dividends declared per share of Class A common stock $ 0.25 $ 0.22 $ 0.75 $ 0.66
[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, 2014 2013 2014 2013Investment Banking (A)$850 $(330) $(731) $(966)Investment Management (B)(644) (555) (1,725) (1,854)Total Other Revenue, net$206 $(885) $(2,456) $(2,820) (A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $1,134 and $3,344 for the three and nine months ended September 30, 2014, respectively, and $1,098 and $3,281 for the three and nine months ended September 30, 2013, respectively.(B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $956 and $2,820 for the three and nine months ended September 30, 2014, respectively, and $927 and $2,770 for the three and nine months ended September 30, 2013, respectively.