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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Investment Banking Revenue $ 183,454 $ 154,426 $ 314,837 $ 238,921
Investment Management Revenue 25,738 20,036 47,277 39,800
Other Revenue, Including Interest 1,428 1,593 3,221 3,889
Total Revenues 210,620 176,055 365,335 282,610
Interest Expense 3,174 3,558 6,467 7,315
Net Revenues 207,446 [1] 172,497 [1] 358,868 [1] 275,295 [1]
Expenses        
Employee Compensation and Benefits 131,793 114,290 233,865 195,017
Occupancy and Equipment Rental 8,238 9,146 16,997 17,391
Professional Fees 9,418 8,272 17,270 15,328
Travel and Related Expenses 8,284 7,648 15,465 14,381
Communications and Information Services 3,424 3,028 6,844 5,816
Depreciation and Amortization 3,661 3,680 7,219 9,042
Special Charges 0 662 0 662
Acquisition and Transition Costs 0 75 58 148
Other Operating Expenses 4,566 4,501 8,144 8,458
Total Expenses 169,384 151,302 305,862 266,243
Income Before Income from Equity Method Investments and Income Taxes 38,062 21,195 53,006 9,052
Income from Equity Method Investments 1,015 719 1,771 3,104
Income Before Income Taxes 39,077 21,914 54,777 12,156
Provision for Income Taxes 17,066 9,773 24,388 5,135
Net Income 22,011 12,141 30,389 7,021
Net Income Attributable to Noncontrolling Interest 5,585 4,207 7,994 2,455
Net Income Attributable to Evercore Partners Inc. 16,426 7,934 22,395 4,566
Net Income Attributable to Evercore Partners Inc. Common Shareholders $ 16,405 $ 7,913 $ 22,353 $ 4,524
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 31,811 29,213 31,836 29,169
Diluted (in shares) 37,501 31,664 37,738 32,106
Net Income Per Share Attributable to Evercore Partners Inc. Common Shareholders:        
Basic (in dollars per share) $ 0.52 $ 0.27 $ 0.70 $ 0.16
Diluted (in dollars per share) $ 0.44 $ 0.25 $ 0.59 $ 0.14
Dividends Declared per Share of Class A Common Stock $ 0.22 $ 0.20 $ 0.44 $ 0.40
[1] Net revenues include Other Revenue, net, allocated to the segments as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2013 2012 2013 2012Investment Banking (A)$(849) $(1,262) $(636) $(1,972)Investment Management (B)(897) (703) (2,610) (1,454)Total Other Revenue, net$(1,746) $(1,965) $(3,246) $(3,426) (A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes of $1,095 and $2,183 for the three and six months ended June 30, 2013, respectively, and $1,075 and $2,145 for the three and six months ended June 30, 2012, respectively.(B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes of $924 and $1,843 for the three and six months ended June 30, 2013, respectively, and $909 and $1,813 for the three and six months ended June 30, 2012, respectively.