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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Revenues $ 129,539   $ 262,795  
Interest Income and Other 4,244 $ 2,458 8,703 $ 4,586
Total Revenues 130,670 109,310 264,712 230,279
Expenses        
Compensation and Benefits 94,273 87,564 197,905 183,240
Occupancy and Related 6,573 6,659 13,376 12,865
Travel and Related 5,987 3,073 11,457 5,956
Professional Fees 4,019 4,803 9,218 8,992
Communications and Information Services 3,260 2,854 6,740 5,267
Depreciation and Amortization 2,092 2,022 4,099 4,114
Other Expenses 4,328 4,418 9,160 9,840
Total Expenses 120,532 111,393 251,955 230,274
Income (Loss) Before Benefit for Taxes 10,138 (2,083) 12,757 5
Benefit for Taxes (882) (1,518) (4,992) (2,389)
Net Income (Loss) 11,020 (565) 17,749 2,394
Net Income (Loss) Attributable to Non-Controlling Interests 4,075 (780) 5,568 846
Net Income Attributable to PJT Partners Inc. 6,945 215 12,181 1,548
Advisory Fees        
Revenues        
Revenues 98,294 73,349 201,757 172,688
Placement Fees        
Revenues        
Revenues $ 28,132 $ 33,503 $ 54,252 $ 53,005
Class A Common Stock        
Net Income Per Share of Class A Common Stock        
Basic $ 0.30 $ 0.01 $ 0.57 $ 0.08
Diluted $ 0.30 $ 0.01 $ 0.55 $ 0.08
Weighted-Average Shares of Class A Common Stock Outstanding        
Basic 22,641,562 18,825,696 20,987,863 18,654,187
Diluted 24,185,020 18,825,696 22,689,344 18,654,187
Dividends Declared Per Share of Class A Common Stock $ 0.05 $ 0.05 $ 0.10 $ 0.10