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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Investment Banking:        
Other Revenue, Including Interest and Investments $ (23,039) $ 16,401 $ (24,818) $ 23,631
Total Revenues 635,175 692,171 1,362,279 1,359,051
Interest Expense 4,258 4,306 8,508 8,876
Net Revenues 630,917 687,865 1,353,771 1,350,175
Expenses        
Employee Compensation and Benefits 388,971 407,798 818,706 803,188
Occupancy and Equipment Rental 19,608 17,513 38,785 36,222
Professional Fees 27,767 21,401 51,913 43,008
Travel and Related Expenses 14,786 3,715 22,612 6,007
Communications and Information Services 14,384 14,080 30,412 28,109
Depreciation and Amortization 6,597 7,151 13,707 13,792
Execution, Clearing and Custody Fees 2,631 2,913 5,428 6,465
Special Charges, Including Business Realignment Costs 532 0 532 0
Acquisition and Transition Costs 0 0 0 7
Other Operating Expenses 9,459 6,281 16,130 12,156
Total Expenses 484,735 480,852 998,225 948,954
Income Before Income from Equity Method Investments and Income Taxes 146,182 207,013 355,546 401,221
Income from Equity Method Investments 2,274 3,394 4,786 6,418
Income Before Income Taxes 148,456 210,407 360,332 407,639
Provision for Income Taxes 38,562 46,478 73,344 78,159
Net Income 109,894 163,929 286,988 329,480
Net Income Attributable to Noncontrolling Interest 14,267 23,570 33,345 44,769
Net Income Attributable to Evercore Inc. 95,627 140,359 253,643 284,711
Net Income Attributable to Evercore Inc. Common Shareholders $ 95,627 $ 140,359 $ 253,643 $ 284,711
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 39,834 40,667 39,507 41,010
Diluted (in shares) 41,108 43,661 41,395 44,053
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 2.40 $ 3.45 $ 6.42 $ 6.94
Diluted (in dollars per share) $ 2.33 $ 3.21 $ 6.13 $ 6.46
Investment Banking [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 642,246 $ 659,587 $ 1,354,014 $ 1,304,288
Net Revenues 615,250 670,820 1,319,551 1,318,105
Expenses        
Special Charges, Including Business Realignment Costs 532 0 532 0
Acquisition and Transition Costs 0 0 0 7
Income Before Income from Equity Method Investments and Income Taxes 144,178 202,660 347,907 393,412
Income from Equity Method Investments 164 549 538 718
Income Before Income Taxes 144,342 203,209 348,445 394,130
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 576,245 560,814 1,200,809 1,072,732
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 13,516 48,048 49,822 127,305
Investment Banking [Member] | Commissions and Related Revenue [Member]        
Investment Banking:        
Revenue from Contract with Customer 52,485 50,725 103,383 104,251
Investment Management [Member]        
Investment Banking:        
Revenue from Contract with Customer 15,968 16,183 33,083 31,132
Net Revenues 15,667 17,045 34,220 32,070
Expenses        
Income Before Income from Equity Method Investments and Income Taxes 2,004 4,353 7,639 7,809
Income from Equity Method Investments 2,110 2,845 4,248 5,700
Income Before Income Taxes 4,114 7,198 11,887 13,509
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 15,968 $ 16,183 $ 33,083 $ 31,132