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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Investment Banking Revenue $ 246,550 $ 192,251 $ 464,188 $ 320,755
Investment Management Revenue 24,505 26,801 46,586 48,716
Other Revenue, Including Interest 1,852 2,622 4,559 4,691
Total Revenues 272,907 221,674 515,333 374,162
Interest Expense 4,811 3,978 9,254 7,353
Net Revenues [1] 268,096 217,696 506,079 366,809
Expenses        
Employee Compensation and Benefits 173,144 129,346 336,270 220,738
Occupancy and Equipment Rental 11,684 10,138 23,914 19,622
Professional Fees 13,164 11,988 22,597 20,499
Travel and Related Expenses 13,400 10,098 26,570 17,482
Communications and Information Services 9,738 3,922 18,300 7,295
Depreciation and Amortization 6,313 3,537 12,714 7,358
Special Charges (139) 0 5,499 0
Acquisition and Transition Costs 917 1,016 1,401 1,116
Other Operating Expenses 8,764 4,616 16,705 8,950
Total Expenses 236,985 174,661 463,970 303,060
Income Before Income from Equity Method Investments and Income Taxes 31,111 43,035 42,109 63,749
Income from Equity Method Investments 1,998 2,038 3,105 2,279
Income Before Income Taxes 33,109 45,073 45,214 66,028
Provision for Income Taxes 16,723 15,387 22,935 22,950
Net Income 16,386 29,686 22,279 43,078
Net Income Attributable to Noncontrolling Interest 5,622 5,421 7,215 8,245
Net Income Attributable to Evercore Partners Inc. 10,764 24,265 15,064 34,833
Net Income Attributable to Evercore Partners Inc. Common Shareholders $ 10,764 $ 24,265 $ 15,064 $ 34,833
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 36,445 35,744 36,584 35,208
Diluted (in shares) 42,165 41,860 42,479 41,781
Net Income Per Share Attributable to Evercore Partners Inc. Common Shareholders:        
Basic (in dollars per share) $ 0.30 $ 0.68 $ 0.41 $ 0.99
Diluted (in dollars per share) 0.26 0.58 0.35 0.83
Dividends declared per share of Class A common stock $ 0.28 $ 0.25 $ 0.56 $ 0.5
[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, 2015 2014 2015 2014Investment Banking (A)$(2,173) $(928) $(3,231) $(1,581)Investment Management (B)(786) (428) (1,464) (1,081)Total Other Revenue, net$(2,959) $(1,356) $(4,695) $(2,662)(A)Investment Banking Other Revenue, net, includes interest expense on the Senior Notes, subordinated borrowings and line of credit of $1,793 and $3,437 for the three and six months ended June 30, 2015, respectively, and $1,105 and $2,210 for the three and six months ended June 30, 2014, respectively. (B)Investment Management Other Revenue, net, includes interest expense on the Senior Notes and line of credit of $959 and $1,912 for the three and six months ended June 30, 2015, respectively