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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Investment Banking:        
Other Revenue, Including Interest and Investments $ 13,640 $ 6,239 $ 25,975 $ 10,768
Total Revenues 535,209 453,545 954,628 921,457
Interest Expense 4,163 5,068 8,255 9,417
Net Revenues 531,046 448,477 946,373 912,040
Expenses        
Employee Compensation and Benefits 314,323 265,591 561,955 541,085
Occupancy and Equipment Rental 18,062 14,478 34,279 27,882
Professional Fees 20,511 20,833 39,335 36,883
Travel and Related Expenses 19,397 17,622 37,061 33,978
Communications and Information Services 11,481 10,360 22,627 21,044
Depreciation and Amortization 7,666 6,746 14,704 13,394
Execution, Clearing and Custody Fees 3,199 1,560 6,218 4,750
Special Charges 1,029 0 2,058 1,897
Acquisition and Transition Costs 0 0 108 21
Other Operating Expenses 8,544 6,505 17,384 13,775
Total Expenses 404,212 343,695 735,729 694,709
Income Before Income from Equity Method Investments and Income Taxes 126,834 104,782 210,644 217,331
Income from Equity Method Investments 2,453 2,419 4,664 4,544
Income Before Income Taxes 129,287 107,201 215,308 221,875
Provision for Income Taxes 32,030 25,541 39,851 30,479
Net Income 97,257 81,660 175,457 191,396
Net Income Attributable to Noncontrolling Interest 15,515 12,729 26,483 26,922
Net Income Attributable to Evercore Inc. 81,742 68,931 148,974 164,474
Net Income Attributable to Evercore Inc. Common Shareholders $ 81,742 $ 68,931 $ 148,974 $ 164,474
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 40,546 40,889 40,522 40,653
Diluted (in shares) 43,376 45,299 43,766 45,377
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 2.02 $ 1.69 $ 3.68 $ 4.05
Diluted (in dollars per share) $ 1.88 $ 1.52 $ 3.40 $ 3.62
Investment Banking [Member]        
Investment Banking:        
Revenue $ 509,150 $ 435,136 $ 903,851 $ 886,764
Net Revenues 516,386 435,675 917,574 885,875
Expenses        
Special Charges 1,029 0 2,058 1,897
Income Before Income from Equity Method Investments and Income Taxes 124,099 102,658 206,119 213,138
Income from Equity Method Investments 219 297 474 297
Income Before Income Taxes 124,318 102,955 206,593 213,435
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue 443,580 362,995 769,424 741,310
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue 16,910 21,065 43,830 51,344
Investment Banking [Member] | Commissions and Related Fees [Member]        
Investment Banking:        
Revenue 48,660 51,076 90,597 94,110
Investment Management [Member]        
Investment Banking:        
Revenue 12,419 12,170 24,802 23,925
Net Revenues 14,660 12,802 28,799 26,165
Expenses        
Acquisition and Transition Costs 0 0 108 21
Income Before Income from Equity Method Investments and Income Taxes 2,735 2,124 4,525 4,193
Income from Equity Method Investments 2,234 2,122 4,190 4,247
Income Before Income Taxes 4,969 4,246 8,715 8,440
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue $ 12,419 $ 12,170 $ 24,802 $ 23,925