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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Investment Banking:        
Other Revenue, Including Interest and Investments $ 15,331 $ 13,640 $ 568 $ 25,975
Total Revenues 512,404 535,209 945,451 954,628
Interest Expense 5,329 4,163 11,369 8,255
Net Revenues 507,075 531,046 934,082 946,373
Expenses        
Employee Compensation and Benefits 334,046 314,323 604,788 561,955
Occupancy and Equipment Rental 17,365 18,062 36,275 34,279
Professional Fees 18,875 20,511 35,841 39,335
Travel and Related Expenses 3,756 19,397 19,907 37,061
Communications and Information Services 14,269 11,481 26,836 22,627
Depreciation and Amortization 6,975 7,666 13,846 14,704
Execution, Clearing and Custody Fees 3,204 3,199 7,390 6,218
Special Charges, Including Business Realignment Costs 8,558 1,029 32,234 2,058
Acquisition and Transition Costs 98 0 106 108
Other Operating Expenses 13,200 8,544 20,827 17,384
Total Expenses 420,346 404,212 798,050 735,729
Income Before Income from Equity Method Investments and Income Taxes 86,729 126,834 136,032 210,644
Income from Equity Method Investments 2,313 2,453 5,441 4,664
Income Before Income Taxes 89,042 129,287 141,473 215,308
Provision for Income Taxes 21,814 32,030 35,365 39,851
Net Income 67,228 97,257 106,108 175,457
Net Income Attributable to Noncontrolling Interest 10,816 15,515 18,521 26,483
Net Income Attributable to Evercore Inc. 56,412 81,742 87,587 148,974
Net Income Attributable to Evercore Inc. Common Shareholders $ 56,412 $ 81,742 $ 87,587 $ 148,974
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 40,635 40,546 40,313 40,522
Diluted (in shares) 41,894 43,376 42,105 43,766
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 1.39 $ 2.02 $ 2.17 $ 3.68
Diluted (in dollars per share) $ 1.35 $ 1.88 $ 2.08 $ 3.40
Investment Banking [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 484,120 $ 509,150 $ 919,183 $ 903,851
Net Revenues 495,374 516,386 909,030 917,574
Expenses        
Special Charges, Including Business Realignment Costs 8,558 1,029 32,202 2,058
Acquisition and Transition Costs 98 0 106 0
Income Before Income from Equity Method Investments and Income Taxes 86,735 124,099 135,370 206,119
Income from Equity Method Investments 65 219 601 474
Income Before Income Taxes 86,800 124,318 135,971 206,593
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 336,436 443,580 695,000 769,424
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 93,565 16,910 114,683 43,830
Investment Banking [Member] | Commissions and Related Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 54,119 48,660 109,500 90,597
Investment Management [Member]        
Investment Banking:        
Revenue from Contract with Customer 12,953 12,419 25,700 24,802
Net Revenues 11,701 14,660 25,052 28,799
Expenses        
Special Charges, Including Business Realignment Costs 0 0 32 0
Acquisition and Transition Costs 0 0 0 108
Income Before Income from Equity Method Investments and Income Taxes (6) 2,735 662 4,525
Income from Equity Method Investments 2,248 2,234 4,840 4,190
Income Before Income Taxes 2,242 4,969 5,502 8,715
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 12,953 $ 12,419 $ 25,700 $ 24,802