XML 47 R28.htm IDEA: XBRL DOCUMENT v3.6.0.2
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2016
Supplemental Unaudited Pro Forma Information

The Consolidated and Combined Statement of Operations for the year ended December 31, 2015 included the results of PJT Capital LP from the date of acquisition, October 1, 2015, through December 31, 2015. Supplemental information on an unaudited pro forma basis, as if the acquisition had been consummated as of January 1, 2014 is as follows:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

Total Revenues

 

$

430,086

 

 

$

411,073

 

Loss Before Provision for Taxes

 

$

(29,102

)

 

$

(296

)

Loss Attributable to PJT Partners Inc.

 

$

(11,616

)

 

$

(3,478

)

 

PJT Capital LP  
Allocation of the Purchase Price of Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase price for PJT Capital LP at the acquisition date as well as measurement period adjustments recorded:

 

 

 

October 1,

2015

 

 

Measurement

Period

Adjustments

 

 

December 31,

2016

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

12,653

 

 

$

 

 

$

12,653

 

Accounts Receivable

 

 

1,170

 

 

 

 

 

 

1,170

 

Furniture, Equipment and Leasehold Improvements

 

 

334

 

 

 

 

 

 

334

 

Other Assets

 

 

362

 

 

 

 

 

 

362

 

Intangible Assets

 

 

13,300

 

 

 

 

 

 

13,300

 

Deferred Tax Assets

 

 

 

 

 

3,483

 

 

 

3,483

 

Goodwill

 

 

6,896

 

 

 

(3,483

)

 

 

3,413

 

 

 

 

34,715

 

 

 

 

 

 

34,715

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Accrued Compensation and Benefits

 

 

29,424

 

 

 

 

 

 

29,424

 

Accounts Payable, Accrued Expenses and Other

   Liabilities

 

 

4,626

 

 

 

 

 

 

4,626

 

Taxes Payable

 

 

665

 

 

 

 

 

 

665

 

 

 

 

34,715

 

 

 

 

 

 

34,715

 

Net Assets Acquired

 

$

 

 

$

 

 

$