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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Investment Banking:        
Other Revenue, Including Interest and Investments $ (637) $ 1,511 $ (25,455) $ 25,142
Total Revenues 581,125 827,948 1,943,404 2,186,999
Interest Expense 4,188 4,393 12,696 13,269
Net Revenues 576,937 823,555 1,930,708 2,173,730
Expenses        
Employee Compensation and Benefits 355,794 486,471 1,174,500 1,289,659
Occupancy and Equipment Rental 19,680 19,191 58,465 55,413
Professional Fees 29,294 24,851 81,207 67,859
Travel and Related Expenses 12,862 5,895 35,474 11,902
Communications and Information Services 15,333 14,082 45,745 42,191
Depreciation and Amortization 7,065 7,122 20,772 20,914
Execution, Clearing and Custody Fees 2,378 2,484 7,806 8,949
Special Charges, Including Business Realignment Costs 0 8,554 532 8,554
Acquisition and Transition Costs 0 0 0 7
Other Operating Expenses 4,132 9,752 20,262 21,908
Total Expenses 446,538 578,402 1,444,763 1,527,356
Income Before Income from Equity Method Investments and Income Taxes 130,399 245,153 485,945 646,374
Income from Equity Method Investments 2,027 3,681 6,813 10,099
Income Before Income Taxes 132,426 248,834 492,758 656,473
Provision for Income Taxes 40,790 59,712 114,134 137,871
Net Income 91,636 189,122 378,624 518,602
Net Income Attributable to Noncontrolling Interest 9,198 29,577 42,543 74,346
Net Income Attributable to Evercore Inc. 82,438 159,545 336,081 444,256
Net Income Attributable to Evercore Inc. Common Shareholders $ 82,438 $ 159,545 $ 336,081 $ 444,256
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 39,114 39,467 39,375 40,492
Diluted (in shares) 40,527 42,697 41,104 43,597
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 2.11 $ 4.04 $ 8.54 $ 10.97
Diluted (in dollars per share) $ 2.03 $ 3.74 $ 8.18 $ 10.19
Investment Banking [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 566,121 $ 809,477 $ 1,920,135 $ 2,113,765
Net Revenues 560,518 806,918 1,880,069 2,125,023
Expenses        
Special Charges, Including Business Realignment Costs 0 0 532 0
Acquisition and Transition Costs 0 0 0 7
Income Before Income from Equity Method Investments and Income Taxes 126,919 250,641 474,826 644,053
Income from Equity Method Investments 451 564 989 1,282
Income Before Income Taxes 127,370 251,205 475,815 645,335
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 488,224 708,333 1,689,033 1,781,065
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 28,697 54,381 78,519 181,686
Investment Banking [Member] | Commissions and Related Revenue [Member]        
Investment Banking:        
Revenue from Contract with Customer 49,200 46,763 152,583 151,014
Investment Management [Member]        
Investment Banking:        
Revenue from Contract with Customer 15,641 16,960 48,724 48,092
Net Revenues 16,419 16,637 50,639 48,707
Expenses        
Special Charges, Including Business Realignment Costs 0 8,554 0 8,554
Income Before Income from Equity Method Investments and Income Taxes 3,480 (5,488) 11,119 2,321
Income from Equity Method Investments 1,576 3,117 5,824 8,817
Income Before Income Taxes 5,056 (2,371) 16,943 11,138
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 15,641 $ 16,960 $ 48,724 $ 48,092