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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows From Operating Activities      
Net Income $ 179,207 $ 148,512 $ 57,690
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Net (Gains) Losses on Investments, Marketable Securities and Contingent Consideration (32) 1,124 5,517
Equity Method Investments (513) 2,602 2,818
Equity-Based and Other Deferred Compensation 230,268 258,295 207,533
Impairment of Goodwill and Equity Method Investments 21,507 8,100 28,500
Gain on Sale of Institutional Trust and Independent Fiduciary business of ETC (7,808) 0 0
Depreciation, Amortization and Accretion 26,032 25,223 29,636
Bad Debt Expense 2,579 2,261 1,314
Adjustment to Tax Receivable Agreement (77,535) 0 0
Release of Cumulative Foreign Exchange Losses 16,266 0 0
Deferred Taxes 148,320 10,043 (3,627)
Decrease (Increase) in Operating Assets:      
Marketable Securities 865 937 556
Financial Instruments Owned and Pledged as Collateral at Fair Value 35 18,249 46,018
Securities Purchased Under Agreements to Resell 2,642 (11,890) 4,726
Accounts Receivable 47,120 (64,522) (46,442)
Receivable from Employees and Related Parties (2,188) 5,934 (3,937)
Assets Segregated for Bank Regulatory Requirements 10,000 0 0
Other Assets (11,667) (33,080) (3,903)
(Decrease) Increase in Operating Liabilities:      
Accrued Compensation and Benefits (25,892) 48,258 51,732
Accounts Payable and Accrued Expenses 1,149 (10,030) 5,418
Securities Sold Under Agreements to Repurchase (2,701) (6,387) (50,803)
Payables to Employees and Related Parties 3,217 (1,581) 8,704
Taxes Payable (10,849) 9,097 28,670
Other Liabilities (33,471) 10,424 (2,449)
Net Cash Provided by Operating Activities 516,551 421,569 367,671
Cash Flows From Investing Activities      
Investments Purchased (997) (2,047) (819)
Distributions of Private Equity Investments 2,072 183 6,821
Marketable Securities:      
Proceeds from Sales and Maturities 45,642 46,547 32,318
Purchases (40,995) (69,568) (39,101)
Purchase of Certificates of Deposit (63,417) 0 0
Cash Paid for Acquisitions and Deconsolidation of Cash, net of Cash Acquired 0 (2,877) (5,647)
(Increase) Decrease in Restricted Cash 0 (2,303) 0
Loans Receivable 0 0 (3,500)
Purchase of Furniture, Equipment and Leasehold Improvements (31,300) (18,439) (16,189)
Proceeds from Sale of Business 34,354 0 0
Net Cash Provided by (Used in) Investing Activities (54,641) (48,504) (26,117)
Cash Flows From Financing Activities      
Issuance of Noncontrolling Interests 110 885 594
Distributions to Noncontrolling Interests (36,374) (38,154) (23,723)
Payments Under Tax Receivable Agreement (12,381) (12,039) (11,045)
Cash Paid for Deferred and Contingent Consideration 0 (5,050) 0
Short-Term Borrowing 30,000 50,000 45,000
Repayment of Short-Term Borrowing (30,000) (50,000) (45,000)
Exercise of Warrants, net 0 0 6,416
Repayment of Subordinated Borrowings (9,751) (6,000) 0
Payment of Notes Payable - Mizuho 0 (120,000) 0
Issuance of Notes Payable 0 170,000 0
Debt Issuance Costs 0 (2,084) 0
Purchase of Treasury Stock and Noncontrolling Interests (304,313) (173,958) (160,733)
Dividends - Class A Stockholders (56,521) (51,558) (46,132)
Net Cash Provided by (Used in) Financing Activities (419,230) (237,958) (234,623)
Effect of Exchange Rate Changes on Cash 8,383 (25,347) (10,327)
Net Increase in Cash and Cash Equivalents 51,063 109,760 96,604
Cash and Cash Equivalents-Beginning of Period 558,524 448,764 352,160
Cash and Cash Equivalents-End of Period 609,587 558,524 448,764
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Payments for Interest 19,471 14,074 16,035
Payments for Income Taxes 128,689 106,126 47,820
Accrued Dividends 9,815 7,836 6,514
Settlement of Contingent Consideration 10,780 0 0
Increase (Decrease) in Fair Value of Redeemable Noncontrolling Interest 0 0 (1,331)
Receipt of Securities in Settlement of Accounts Receivable 0 0 1,079
Exchange of Notes Payable as Consideration for Exercise of Warrants 0 0 118,347
Purchase of Treasury Stock in Exchange for Notes Issuance and Warrant Proceeds 0 0 123,673
Evercore Trust Company [Member]      
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Assets Deconsolidated 81 0 0
Liabilities Deconsolidated 1,489 0 0
Decrease in Goodwill 28,442 0 0
Glisco [Member]      
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Assets Deconsolidated 0 8,302 0
Liabilities Deconsolidated 0 2,343 0
GCP III [Member]      
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Decrease in Noncontrolling Interest 0 5,808 0
Atalanta Sosnoff [Member]      
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Assets Deconsolidated 0 0 2,053
Liabilities Deconsolidated 0 0 2,074
Decrease in Goodwill 0 0 27,274
Decrease in Noncontrolling Interest 0 0 16,090
Decrease in Redeemable Noncontrolling Interest from Atalanta Sosnoff Deconsolidation 0 0 2,683
Decrease in Intangible Assets from Atalanta Sosnoff Deconsolidation $ 0 $ 0 $ 13,924