Acquisition and Transition Costs, Special Charges and Intangible Asset Amortization Acquisition and Transition Costs, Special Charges and Intangible Asset Amortization

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Special Charges Acquisition And Transition Costs And Intangible Asset Amortization

Acquisition and Transition Costs, Special Charges and Intangible Asset Amortization

Acquisition and Transition Costs

The Company recognized ($329) for the three and six months ended June 30, 2016 and $917 and $1,401 for the three and six months ended June 30, 2015, respectively, as Acquisition and Transition Costs incurred in connection with acquisitions and other ongoing business development initiatives. These costs are primarily comprised of professional fees for legal and other services. In addition, in 2016 acquisition and transition costs included the reversal of $733 of a provision for certain settlements previously established in the fourth quarter of 2015.

Special Charges

The Company recognized ($139) and $5,499 for the three and six months ended June 30, 2015, respectively, as Special Charges incurred related to separation benefits and costs associated with the termination of certain contracts within the Company’s Evercore ISI business, and the finalization of a matter associated with the wind-down of the Company’s U.S. Private Equity business.

Intangible Asset Amortization

Expense associated with the amortization of intangible assets for Investment Banking was $2,862 and $6,077for the three and six months ended June 30, 2016, respectively, and $2,940 and $5,884for the three and six months ended June 30, 2015, respectively, included within Depreciation and Amortization expense on the Unaudited Condensed Consolidated Statements of Operations. Expense associated with the amortization of intangible assets for Investment Management was $144 and $343for the three and six months ended June 30, 2016, respectively, and $938 and $1,876for the three and six months ended June 30, 2015, respectively, included within Depreciation and Amortization expense on the Unaudited Condensed Consolidated Statements of Operations.