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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Investment Banking:        
Other Revenue, Including Interest and Investments $ 9,911 $ 10,058 $ 35,886 $ 20,826
Total Revenues 407,864 385,462 1,362,492 1,306,919
Interest Expense 5,666 4,203 13,921 13,620
Net Revenues 402,198 381,259 1,348,571 1,293,299
Expenses        
Employee Compensation and Benefits 241,702 225,452 803,657 766,537
Occupancy and Equipment Rental 16,946 15,367 51,225 43,249
Professional Fees 21,577 19,698 60,912 56,581
Travel and Related Expenses 17,589 16,880 54,650 50,858
Communications and Information Services 12,146 10,590 34,773 31,634
Depreciation and Amortization 8,419 6,815 23,123 20,209
Execution, Clearing and Custody Fees 3,265 3,068 9,483 7,818
Special Charges 1,029 1,967 3,087 3,864
Acquisition and Transition Costs 380 0 488 21
Other Operating Expenses 8,801 6,882 26,185 20,657
Total Expenses 331,854 306,719 1,067,583 1,001,428
Income Before Income from Equity Method Investments and Income Taxes 70,344 74,540 280,988 291,871
Income from Equity Method Investments 2,562 2,298 7,226 6,842
Income Before Income Taxes 72,906 76,838 288,214 298,713
Provision for Income Taxes 20,402 17,539 60,253 48,018
Net Income 52,504 59,299 227,961 250,695
Net Income Attributable to Noncontrolling Interest 9,226 9,838 35,709 36,760
Net Income Attributable to Evercore Inc. 43,278 49,461 192,252 213,935
Net Income Attributable to Evercore Inc. Common Shareholders $ 43,278 $ 49,461 $ 192,252 $ 213,935
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 39,704 40,966 40,246 40,762
Diluted (in shares) 42,789 45,858 43,437 45,542
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 1.09 $ 1.21 $ 4.78 $ 5.25
Diluted (in dollars per share) $ 1.01 $ 1.08 $ 4.43 $ 4.70
Investment Banking [Member]        
Investment Banking:        
Revenue $ 385,303 $ 362,726 $ 1,289,154 $ 1,249,490
Net Revenues 388,012 366,834 1,305,586 1,252,709
Expenses        
Special Charges 1,029 1,967 3,087 3,864
Acquisition and Transition Costs 180 0 180 0
Income Before Income from Equity Method Investments and Income Taxes 68,398 71,137 274,517 284,275
Income from Equity Method Investments 282 0 756 297
Income Before Income Taxes 68,680 71,137 275,273 284,572
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue 320,885 305,949 1,090,309 1,047,259
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue 17,598 11,440 61,428 62,784
Investment Banking [Member] | Commissions and Related Fees [Member]        
Investment Banking:        
Revenue 46,820 45,337 137,417 139,447
Investment Management [Member]        
Investment Banking:        
Revenue 12,650 12,678 37,452 36,603
Net Revenues 14,186 14,425 42,985 40,590
Expenses        
Acquisition and Transition Costs 200 0 308 21
Income Before Income from Equity Method Investments and Income Taxes 1,946 3,403 6,471 7,596
Income from Equity Method Investments 2,280 2,298 6,470 6,545
Income Before Income Taxes 4,226 5,701 12,941 14,141
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue $ 12,650 $ 12,678 $ 37,452 $ 36,603