XML 45 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Supplemental Financial Information
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Supplemental Financial Information
SUPPLEMENTAL FINANCIAL INFORMATION
(dollars in thousands, except per share data)
Consolidated Quarterly Results of Operations (unaudited)
The following represents the Company's unaudited quarterly results for the years ended December 31, 2017 and 2016. 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.
 
For the Three Months Ended
 
December 31,
2017
 
September 30,
2017
 
June 30,
2017
 
March 31,
2017
Net Revenues
$
540,031

 
$
406,601

 
$
370,470

 
$
387,247

Total Expenses
355,885

 
319,531

 
324,204

 
275,918

Income Before Income from Equity Method Investments and Income Taxes
184,146

 
87,070

 
46,266

 
111,329

Income from Equity Method Investments
3,331

 
1,827

 
2,070

 
1,610

Income Before Income Taxes
187,477

 
88,897

 
48,336

 
112,939

Provision for Income Taxes
188,876

 
28,815

 
22,459

 
18,292

Net Income (Loss)
(1,399
)
 
60,082

 
25,877

 
94,647

Net Income Attributable to Noncontrolling Interest
18,013

 
14,171

 
7,693

 
13,876

Net Income (Loss) Attributable to Evercore Inc.
$
(19,412
)
 
$
45,911

 
$
18,184

 
$
80,771

Net Income (Loss) Per Share Attributable to Evercore Inc. Common Shareholders
 
 
 
 
 
 
 
Basic
$
(0.50
)
 
$
1.18

 
$
0.45

 
$
2.00

Diluted
$
(0.50
)
 
$
1.04

 
$
0.41

 
$
1.76

Dividends Declared Per Share of Class A Common Stock
$
0.40

 
$
0.34

 
$
0.34

 
$
0.34

 
For the Three Months Ended
 
December 31,
2016
 
September 30,
2016
 
June 30,
2016
 
March 31,
2016
Net Revenues
$
445,369

 
$
386,314

 
$
350,656

 
$
257,713

Total Expenses
348,010

 
301,229

 
288,051

 
241,588

Income Before Income from Equity Method Investments and Income Taxes
97,359

 
85,085

 
62,605

 
16,125

Income from Equity Method Investments
2,512

 
1,178

 
1,664

 
1,287

Income Before Income Taxes
99,871

 
86,263

 
64,269

 
17,412

Provision for Income Taxes
39,913

 
38,980

 
30,676

 
9,734

Net Income
59,958

 
47,283

 
33,593

 
7,678

Net Income Attributable to Noncontrolling Interest
16,530

 
12,588

 
9,506

 
2,360

Net Income Attributable to Evercore Inc.
$
43,428

 
$
34,695

 
$
24,087

 
$
5,318

Net Income Per Share Attributable to Evercore Inc. Common Shareholders
 
 
 
 
 
 
 
Basic
$
1.11

 
$
0.89

 
$
0.61

 
$
0.13

Diluted
$
0.98

 
$
0.79

 
$
0.55

 
$
0.12

Dividends Declared Per Share of Class A Common Stock
$
0.34

 
$
0.31

 
$
0.31

 
$
0.31