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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Investment Banking:        
Other Revenue, Including Interest and Investments $ 16,401 $ 15,116 $ 23,631 $ 168
Total Revenues 692,171 512,404 1,359,051 945,451
Interest Expense 4,306 5,329 8,876 11,369
Net Revenues 687,865 507,075 1,350,175 934,082
Expenses        
Employee Compensation and Benefits 407,798 334,046 803,188 604,788
Occupancy and Equipment Rental 17,513 17,365 36,222 36,275
Professional Fees 21,401 18,875 43,008 35,841
Travel and Related Expenses 3,715 3,756 6,007 19,907
Communications and Information Services 14,080 14,269 28,109 26,836
Depreciation and Amortization 7,151 6,975 13,792 13,846
Execution, Clearing and Custody Fees 2,913 3,204 6,465 7,390
Special Charges, Including Business Realignment Costs 0 8,558 0 32,234
Acquisition and Transition Costs 0 98 7 106
Other Operating Expenses 6,281 13,200 12,156 20,827
Total Expenses 480,852 420,346 948,954 798,050
Income Before Income from Equity Method Investments and Income Taxes 207,013 86,729 401,221 136,032
Income from Equity Method Investments 3,394 2,313 6,418 5,441
Income Before Income Taxes 210,407 89,042 407,639 141,473
Provision for Income Taxes 46,478 21,814 78,159 35,365
Net Income 163,929 67,228 329,480 106,108
Net Income Attributable to Noncontrolling Interest 23,570 10,816 44,769 18,521
Net Income Attributable to Evercore Inc. 140,359 56,412 284,711 87,587
Net Income Attributable to Evercore Inc. Common Shareholders $ 140,359 $ 56,412 $ 284,711 $ 87,587
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 40,667 40,635 41,010 40,313
Diluted (in shares) 43,661 41,894 44,053 42,105
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 3.45 $ 1.39 $ 6.94 $ 2.17
Diluted (in dollars per share) $ 3.21 $ 1.35 $ 6.46 $ 2.08
Investment Banking [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 659,587 $ 484,335 $ 1,304,288 $ 919,583
Net Revenues 670,820 495,374 1,318,105 909,030
Expenses        
Special Charges, Including Business Realignment Costs 0 8,558 0 32,202
Acquisition and Transition Costs 0 98 7 106
Income Before Income from Equity Method Investments and Income Taxes 202,660 86,735 393,412 135,370
Income from Equity Method Investments 549 65 718 601
Income Before Income Taxes 203,209 86,800 394,130 135,971
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 560,814 336,436 1,072,732 695,000
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 48,048 93,565 127,305 114,683
Investment Banking [Member] | Commissions and Related Revenue [Member]        
Investment Banking:        
Revenue from Contract with Customer 50,725 54,334 104,251 109,900
Investment Management [Member]        
Investment Banking:        
Revenue from Contract with Customer 16,183 12,953 31,132 25,700
Net Revenues 17,045 11,701 32,070 25,052
Expenses        
Special Charges, Including Business Realignment Costs 0 0 0 32
Income Before Income from Equity Method Investments and Income Taxes 4,353 (6) 7,809 662
Income from Equity Method Investments 2,845 2,248 5,700 4,840
Income Before Income Taxes 7,198 2,242 13,509 5,502
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 16,183 $ 12,953 $ 31,132 $ 25,700