XML 81 R91.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Operating Results (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Segment Reporting Information [Line Items]                      
Net Revenues $ 321,888us-gaap_RevenuesNetOfInterestExpense $ 227,161us-gaap_RevenuesNetOfInterestExpense $ 217,696us-gaap_RevenuesNetOfInterestExpense $ 149,113us-gaap_RevenuesNetOfInterestExpense $ 218,672us-gaap_RevenuesNetOfInterestExpense $ 187,328us-gaap_RevenuesNetOfInterestExpense $ 206,797us-gaap_RevenuesNetOfInterestExpense $ 152,631us-gaap_RevenuesNetOfInterestExpense $ 915,858us-gaap_RevenuesNetOfInterestExpense [1] $ 765,428us-gaap_RevenuesNetOfInterestExpense [1] $ 642,373us-gaap_RevenuesNetOfInterestExpense [1]
Operating Expenses                 719,474evr_OperatingExpense 598,806evr_OperatingExpense 523,386evr_OperatingExpense
Other Expenses                 25,437us-gaap_OtherNonoperatingExpense [2] 36,447us-gaap_OtherNonoperatingExpense [2] 53,452us-gaap_OtherNonoperatingExpense [2]
Operating Income (Loss) 67,852us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 39,346us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 43,035us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 20,714us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 43,876us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 31,868us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 38,181us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 16,250us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 170,947us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 130,175us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 65,535us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income from Equity Method Investments 1,799us-gaap_IncomeLossFromEquityMethodInvestments 1,102us-gaap_IncomeLossFromEquityMethodInvestments 2,038us-gaap_IncomeLossFromEquityMethodInvestments 241us-gaap_IncomeLossFromEquityMethodInvestments 5,993us-gaap_IncomeLossFromEquityMethodInvestments 562us-gaap_IncomeLossFromEquityMethodInvestments 1,015us-gaap_IncomeLossFromEquityMethodInvestments 756us-gaap_IncomeLossFromEquityMethodInvestments 5,180us-gaap_IncomeLossFromEquityMethodInvestments 8,326us-gaap_IncomeLossFromEquityMethodInvestments 4,852us-gaap_IncomeLossFromEquityMethodInvestments
Pre-Tax Income (Loss) from Continuing Operations 69,651us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 40,448us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 45,073us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 20,955us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 49,869us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 32,430us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 39,196us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 17,006us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 176,127us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 138,501us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 70,387us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Identifiable Segment Assets 1,446,556us-gaap_Assets       1,180,783us-gaap_Assets       1,446,556us-gaap_Assets 1,180,783us-gaap_Assets 1,145,218us-gaap_Assets
Investment Banking [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 819,637us-gaap_RevenuesNetOfInterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
[1] 670,785us-gaap_RevenuesNetOfInterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
[1] 565,219us-gaap_RevenuesNetOfInterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
[1]
Operating Expenses                 632,927evr_OperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
516,921evr_OperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
444,510evr_OperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
Other Expenses                 25,109us-gaap_OtherNonoperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
[2] 33,740us-gaap_OtherNonoperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
[2] 50,774us-gaap_OtherNonoperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
[2]
Operating Income (Loss)                 161,601us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
120,124us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
69,935us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
Income from Equity Method Investments                 495us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
2,906us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
2,258us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
Pre-Tax Income (Loss) from Continuing Operations                 162,096us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
123,030us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
72,193us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
Identifiable Segment Assets 934,648us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
      693,890us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
      934,648us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
693,890us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
624,977us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentBankingMember
Investment Management [Member]                      
Segment Reporting Information [Line Items]                      
Net Revenues                 96,221us-gaap_RevenuesNetOfInterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[1] 94,643us-gaap_RevenuesNetOfInterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[1] 77,154us-gaap_RevenuesNetOfInterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[1]
Operating Expenses                 86,547evr_OperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
81,885evr_OperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
78,876evr_OperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
Other Expenses                 328us-gaap_OtherNonoperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[2] 2,707us-gaap_OtherNonoperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[2] 2,678us-gaap_OtherNonoperatingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[2]
Operating Income (Loss)                 9,346us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
10,051us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
(4,400)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
Income from Equity Method Investments                 4,685us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
5,420us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
2,594us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
Pre-Tax Income (Loss) from Continuing Operations                 14,031us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
15,471us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
(1,806)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
Identifiable Segment Assets $ 511,908us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
      $ 486,893us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
      $ 511,908us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
$ 486,893us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
$ 520,241us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= evr_InvestmentManagementMember
[1] Net revenues include Other Revenue, net, allocated to the segments as follows: For the Years Ended December 31, 2014 2013 2012Investment Banking (A)$(1,722) $3,979 $(3,019)Investment Management (B)(2,530) (1,116) (2,636)Total Other Revenue, net$(4,252) $2,863 $(5,655) (A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $4,470, $4,386 and $4,312 for the years ended December 31, 2014, 2013 and 2012, respectively, and changes in amounts due pursuant to the Company'stax receivable agreement of $5,524 for the year ended December 31, 2013.(B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $3,770, $3,702 and $3,643 for the years ended December 31, 2014, 2013 and 2012, respectively, and changes in amounts due pursuant to theCompany's tax receivable agreement of $1,381 for the year ended December 31, 2013.
[2] Other Expenses are as follows: For the Years Ended December 31, 2014 2013 2012Investment Banking Amortization of LP Units and Certain Other Awards$3,399 $17,817 $18,601Other Acquisition Related Compensation Charges7,939 15,923 28,163Special Charges4,893 — 662Intangible Asset and Other Amortization2,494 — 3,348Professional Fees1,672 — —Acquisition and Transition Costs4,712 — —Total Investment Banking25,109 33,740 50,774Investment Management Amortization of LP Units and Certain Other Awards— 2,209 2,350Special Charges— 170 —Intangible Asset and Other Amortization328 328 328Total Investment Management328 2,707 2,678Total Other Expenses$25,437 $36,447 $53,452