XML 62 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and Cash Equivalents $ 352,160us-gaap_CashAndCashEquivalentsAtCarryingValue $ 298,453us-gaap_CashAndCashEquivalentsAtCarryingValue
Marketable Securities 37,985us-gaap_MarketableSecurities 43,407us-gaap_MarketableSecurities
Financial Instruments Owned and Pledged as Collateral at Fair Value 98,688us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral 56,311us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral
Securities Purchased Under Agreements to Resell 7,669us-gaap_SecuritiesPurchasedUnderAgreementsToResell 19,134us-gaap_SecuritiesPurchasedUnderAgreementsToResell
Accounts Receivable (net of allowances of $1,362 and $2,436 at December 31, 2014 and 2013, respectively) 136,280us-gaap_AccountsReceivableNet 83,347us-gaap_AccountsReceivableNet
Receivable from Employees and Related Parties 17,327us-gaap_DueFromRelatedParties 9,233us-gaap_DueFromRelatedParties
Deferred Tax Assets - Current 13,096us-gaap_DeferredTaxAssetsNetCurrent 11,271us-gaap_DeferredTaxAssetsNetCurrent
Other Current Assets 19,751us-gaap_OtherAssetsCurrent 16,703us-gaap_OtherAssetsCurrent
Total Current Assets 682,956us-gaap_AssetsCurrent 537,859us-gaap_AssetsCurrent
Investments 126,587us-gaap_Investments 114,084us-gaap_Investments
Deferred Tax Assets - Non-Current 265,901us-gaap_DeferredTaxAssetsNetNoncurrent 251,613us-gaap_DeferredTaxAssetsNetNoncurrent
Furniture, Equipment and Leasehold Improvements (net of accumulated depreciation and amortization of $33,980 and $25,992 at December 31, 2014 and 2013, respectively) 42,527us-gaap_PropertyPlantAndEquipmentNet 27,832us-gaap_PropertyPlantAndEquipmentNet
Goodwill 218,232us-gaap_Goodwill 189,274us-gaap_Goodwill [1]
Intangible Assets (net of accumulated amortization of $33,735 and $27,538 at December 31, 2014 and 2013, respectively) 69,544us-gaap_IntangibleAssetsNetExcludingGoodwill 26,731us-gaap_IntangibleAssetsNetExcludingGoodwill
Assets Segregated for Bank Regulatory Requirements 10,200us-gaap_RestrictedCashAndInvestmentsNoncurrent 10,200us-gaap_RestrictedCashAndInvestmentsNoncurrent
Other Assets 30,609us-gaap_OtherAssets 23,190us-gaap_OtherAssets
Total Assets 1,446,556us-gaap_Assets 1,180,783us-gaap_Assets
Current Liabilities    
Accrued Compensation and Benefits 212,334us-gaap_AccruedEmployeeBenefitsCurrent 157,856us-gaap_AccruedEmployeeBenefitsCurrent
Accounts Payable and Accrued Expenses 37,104us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 18,365us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Securities Sold Under Agreements to Repurchase 106,499us-gaap_SecuritiesSoldUnderAgreementsToRepurchase 75,563us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Payable to Employees and Related Parties 18,875us-gaap_AccountsPayableRelatedPartiesCurrent 19,524us-gaap_AccountsPayableRelatedPartiesCurrent
Taxes Payable 2,515us-gaap_TaxesPayableCurrent 4,713us-gaap_TaxesPayableCurrent
Other Current Liabilities 7,753us-gaap_OtherLiabilitiesCurrent 8,138us-gaap_OtherLiabilitiesCurrent
Total Current Liabilities 385,080us-gaap_LiabilitiesCurrent 284,159us-gaap_LiabilitiesCurrent
Notes Payable 105,226us-gaap_NotesPayable 103,226us-gaap_NotesPayable
Subordinated Borrowings 22,550us-gaap_SubordinatedDebt 0us-gaap_SubordinatedDebt
Amounts Due Pursuant to Tax Receivable Agreements 191,253evr_AmountsDuePursuantToTaxReceivableAgreements 175,771evr_AmountsDuePursuantToTaxReceivableAgreements
Other Long-term Liabilities 26,200us-gaap_OtherLiabilitiesNoncurrent 17,664us-gaap_OtherLiabilitiesNoncurrent
Total Liabilities 730,309us-gaap_Liabilities 580,820us-gaap_Liabilities
Commitments and Contingencies (Note 18)      
Redeemable Noncontrolling Interest 4,014us-gaap_TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest 36,805us-gaap_TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
Evercore Partners Inc. Stockholders' Equity    
Additional Paid-In-Capital 950,147us-gaap_AdditionalPaidInCapital 799,233us-gaap_AdditionalPaidInCapital
Accumulated Other Comprehensive Income (Loss) (20,387)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (10,784)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained Earnings (Deficit) (17,814)us-gaap_RetainedEarningsAccumulatedDeficit (59,896)us-gaap_RetainedEarningsAccumulatedDeficit
Treasury Stock at Cost (10,159,116 and 7,702,900 shares at December 31, 2014 and 2013, respectively) (361,129)us-gaap_TreasuryStockValue (226,380)us-gaap_TreasuryStockValue
Total Evercore Partners Inc. Stockholders' Equity 551,281us-gaap_StockholdersEquity 502,581us-gaap_StockholdersEquity
Noncontrolling Interest 160,952us-gaap_MinorityInterest 60,577us-gaap_MinorityInterest
Total Equity 712,233us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 563,158us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Equity 1,446,556us-gaap_LiabilitiesAndStockholdersEquity 1,180,783us-gaap_LiabilitiesAndStockholdersEquity
Class A [Member]    
Evercore Partners Inc. Stockholders' Equity    
Common Stock 464us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
408us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B [Member]    
Evercore Partners Inc. Stockholders' Equity    
Common Stock $ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
[1] (1)The balance includes the net effect of the goodwill related to the consolidation and disposition of Pan.