EATON VANCE CORP ETY Income Statement

Eaton vance corp (ETY)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Jul'09
Revenue:
Total revenue
452,554	433,740	431,235	411,861	406,416	430,795	428,691	412,700	420,236	408,774	393,746	374,632	354,959	346,846	341,168	323,290	331,556	341,458	355,511	351,664	354,930	368,382	367,590	354,061	360,261	356,933	350,361	331,692	318,517	309,889	298,771	304,770	295,606	297,323	327,056	315,613	308,614	297,893	273,079	272,953	272,035	228,373
Expenses:
Compensation of officers and employees
171,982	160,441	158,642	153,542	153,888	148,673	152,921	147,989	155,048	141,012	142,338	135,467	135,135	125,259	121,827	121,519	122,510	119,160	124,400	120,075	120,192	110,328	117,632	114,656	118,822	112,914	115,379	110,012	108,829	96,446	94,700	97,566	96,683	81,007	94,713	97,157	97,050	87,855	86,079	88,089	86,874	77,316
Distribution expense
40,003	38,731	38,070	35,930	37,508	41,142	41,424	40,598	41,869	56,628	37,160	32,007	31,117	29,658	31,616	28,239	28,483	30,506	31,300	30,082	106,267	35,620	35,591	34,785	35,548	34,973	35,452	35,304	33,889	32,956	32,670	32,960	32,328	32,577	33,733	33,657	32,697	32,584	33,771	30,598	29,111	25,386
Service fee expense
29,755	28,287	28,037	25,921	25,517	27,237	27,074	25,679	26,841	22,064	28,630	27,827	26,927	25,458	24,831	23,610	24,595	25,547	26,978	26,358	27,780	29,354	29,780	28,281	29,205	28,661	29,013	29,211	28,264	28,559	28,165	28,088	28,673	30,186	32,222	30,780	31,329	30,265	28,906	29,593	28,136	24,151
Amortization of deferred sales commissions
5,968	5,831	5,644	5,571	5,547	5,052	4,637	4,428	4,277	4,177	4,182	4,026	3,854	3,589	3,861	3,957	4,044	3,785	3,767	3,692	3,728	4,182	4,084	4,354	4,970	5,063	4,983	4,752	4,783	4,495	4,593	5,533	5,820	7,277	8,503	9,643	10,350	10,011	9,187	8,376	7,959	8,319
Fund Related Expense
11,067	11,037	9,715	9,960	9,645	9,829	9,253	9,358	9,162	-1,624	14,029	11,848	10,875	9,766	8,939	8,031	9,163	8,802	9,446	8,932	8,706	9,127	9,380	8,455	8,453	10,502	8,230	8,074	7,424	6,929	7,205	6,590	6,651	7,635	8,099	5,017	4,544	4,792	6,267	5,103	4,293	5,230
Other expenses
59,060	53,980	53,992	53,764	53,181	54,410	51,118	51,962	47,239	48,146	46,376	45,537	41,615	41,966	43,369	42,166	42,136	42,725	42,887	40,304	37,697	40,595	39,945	38,227	39,063	39,413	38,454	36,269	34,648	34,159	36,422	35,222	32,631	33,993	34,359	32,547	33,299	32,003	30,107	30,105	28,315	28,738
Total expenses
317,835	298,307	294,100	284,688	285,286	286,343	286,427	280,014	284,436	270,403	272,715	256,712	249,523	235,696	234,443	227,522	230,931	230,525	238,778	229,443	304,370	229,206	236,412	228,758	236,061	231,526	231,511	223,622	217,837	203,544	203,755	205,959	202,786	192,675	211,629	208,801	209,269	197,510	194,317	191,864	184,688	169,140
Operating income
134,719	135,433	137,135	127,173	121,130	144,452	142,264	132,686	135,800	138,371	121,031	117,920	105,436	111,150	106,725	95,768	100,625	110,933	116,733	122,221	50,560	139,176	131,178	125,303	124,200	125,407	118,850	108,070	100,680	106,345	95,016	98,811	92,820	104,648	115,427	106,812	99,345	100,383	78,762	81,089	87,347	59,233
Non-operating income (expense):
Other Nonoperating Income (Expense)
16,090	15,155	14,846	15,206	5,833	598	7,131	-261	2,598	3,984	5,537	9,288	494	2,645	3,137	3,789	2,840	-2,330	-850	347	2,802	-1,453	2,917	-738	413	-4,736	-8,027	5,043	5,207	5,517	1,927	2,796	8,177	-	7,594	12,492	-	-	-	-	-	-
Interest expense
5,888	5,888	5,888	5,888	6,131	5,913	5,906	5,903	5,907	5,904	6,180	8,065	7,347	7,386	7,342	7,340	7,342	7,340	7,344	7,337	7,336	7,645	7,443	7,404	7,400	7,399	9,167	8,572	8,570	8,580	8,525	8,412	8,413	8,413	8,414	8,412	8,413	8,426	8,413	8,411	8,416	8,446
Gains Losses On Extinguishment Of Debt
-	-	-	-	-	-	-	-	-	-	-5,396	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-52,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense) of consolidated collateralized loan obligation (CLO) entities:
Gains Losses And Other Investment Income Net Consolidated Variable Interest Entity
15,563	24,777	18,260	21,794	5,441	12,059	1,847	1,259	1,717	0	0	0	0	2,415	4,467	13,908	3,279	-192	1,771	2,212	1,301	-355	1,434	5,104	8,709	6,934	1,704	4,384	1,793	12,659	12,872	8,895	10,280	-	1,454	-12,984	-	-	-	-	-	-
Interest And Other Expense Consolidate Variable Interest Entity
17,396	18,445	21,748	10,821	8,336	11,656	3,092	444	94	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,063	-	719	716	770	857
Interest expense
-	-	-	-	-	-	-	-	-	-	-	0	0	-	4,393	2,878	1,836	3,801	1,161	611	1,194	1,066	1,758	4,188	7,835	8,941	2,939	3,051	4,221	5,603	4,399	4,134	4,311	4,029	3,999	4,033	1,514	0	0	0	0	-
Net gains (losses) on investments and derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-746	-	1,313	1,551	2,541	-
Realized gains (losses) on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-375
Unrealized gains (losses) on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,499
Net foreign currency gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-22	200	134	93
Impairment losses on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	369
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,220	-	0	0	0	-
Nonoperating Income (Expense)
8,369	15,599	5,470	20,291	-3,193	-4,912	-20	-5,349	-1,686	-1,920	-6,039	1,223	-6,853	-6,505	-4,131	7,479	-3,059	-13,663	-7,584	-5,389	-4,427	-10,519	-4,850	-7,226	-6,113	-14,252	-71,315	-2,196	-5,791	3,993	1,875	-855	5,733	-	-3,365	-12,937	-	-	-	-	-	-
Net gains (losses) on bank loans, other investments and note obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,385	-	0	0	0	-
Income Loss From Continuing Operations Before Income Taxes And Income Loss From Equity Method Investments
143,088	151,032	142,605	147,464	117,937	139,540	142,244	127,337	134,114	136,451	114,992	119,143	98,583	104,645	102,594	103,247	97,566	97,270	109,149	116,832	46,133	128,657	126,328	118,077	118,087	111,155	47,535	105,874	94,889	110,338	96,891	97,956	98,553	82,866	112,062	93,875	92,573	97,081	72,359	75,145	82,376	54,492
Income taxes
32,600	34,283	36,300	37,069	27,600	36,842	37,200	34,044	48,617	49,802	42,462	44,654	36,748	40,837	39,781	36,169	36,843	39,113	43,435	43,896	16,770	47,920	48,899	45,249	44,642	44,626	25,137	38,194	35,939	37,655	34,379	35,164	35,187	37,665	43,320	41,337	34,522	36,849	28,889	28,880	31,645	21,507
Equity in net (loss) income of affiliates, net of tax
2,325	2,172	2,235	2,735	1,948	2,496	2,750	3,113	3,014	2,897	2,323	3,144	2,506	2,488	2,961	2,377	2,509	2,658	3,260	2,957	3,146	4,381	3,840	5,219	3,285	5,600	2,652	3,440	3,177	1,758	175	-22	1,504	387	194	1,227	1,234	-16	10	-281	814	-163
Net income
112,835	118,950	108,536	113,130	92,260	105,213	107,775	96,406	88,511	89,546	74,853	77,633	64,341	66,296	65,774	69,455	63,232	60,815	68,974	75,893	32,509	85,118	81,269	78,047	76,730	72,129	25,050	71,120	62,127	74,441	62,687	62,770	64,870	45,588	68,936	53,765	59,285	60,216	43,480	45,984	51,545	32,822
Net income attributable to non-controlling and other beneficial interests
8,850	9,744	6,315	11,323	5,459	-274	5,981	-195	10,455	7,462	7,492	5,658	3,630	1,241	2,875	14,488	4,846	-1,388	265	5,509	3,506	4,996	3,334	3,146	5,372	14,977	1,847	7,439	12,322	21,323	12,481	9,900	17,599	-1,232	868	-8,714	21,750	9,910	1,730	9,984	5,303	1,599
Net income attributable to Eaton Vance Corp. shareholders
103,985	109,206	102,221	101,807	86,801	105,487	101,794	96,601	78,056	82,084	67,361	71,975	60,711	65,055	62,899	54,967	58,386	62,203	68,709	70,384	29,003	80,122	77,935	74,901	71,358	57,152	23,203	63,681	49,805	53,118	50,206	52,870	47,271	46,820	68,068	62,479	37,535	50,306	41,750	36,000	46,242	31,223
Earnings per Share [Abstract]
Basic
0.95	1.00	0.94	0.92	0.77	0.92	0.89	0.84	0.68	0.73	0.61	0.65	0.55	0.61	0.57	0.50	0.52	0.54	0.60	0.61	0.25	0.68	0.66	0.62	0.59	0.49	0.19	0.53	0.39	0.45	0.44	0.46	0.41	0.40	0.58	0.53	0.31	0.43	0.35	0.30	0.39	0.27
Diluted
0.91	0.96	0.90	0.89	0.75	0.87	0.83	0.78	0.63	0.69	0.58	0.62	0.53	0.59	0.55	0.48	0.50	0.53	0.57	0.58	0.24	0.66	0.63	0.59	0.56	0.47	0.18	0.50	0.38	0.45	0.43	0.44	0.40	0.40	0.55	0.50	0.30	0.40	0.34	0.29	0.37	0.25
Weighted average shares outstanding:
Basic
109,380	108,511	109,111	110,379	112,255	113,463	114,610	115,625	115,282	111,246	111,284	110,875	110,267	108,023	109,533	110,459	111,641	110,859	113,406	114,415	114,592	113,061	116,145	118,103	118,451	116,767	117,594	117,102	114,925	112,140	112,110	112,418	112,768	112,576	115,574	116,413	116,741	116,059	116,549	116,565	116,603	116,410
Diluted
114,688	114,323	113,464	114,249	115,516	121,267	122,741	123,779	123,941	117,988	117,051	115,962	114,671	113,848	113,810	113,667	114,603	114,919	118,281	119,730	119,690	117,866	121,013	123,021	124,480	123,462	123,872	123,330	119,112	115,131	114,591	115,881	114,901	114,890	120,543	122,292	122,175	121,481	122,612	123,515	122,920	121,797
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	0.31	-	0.28	0.28	0.28	0.28	0.26	0.26	0.26	0.26	0.25	0.25	0.25	0.25	0.22	0.22	0.22	0.22	0.20	0.20	1.20	0.20	0.19	0.19	0.19	0.19	0.18	0.18	0.18	0.18	0.16	0.16	0.16	0.15
Total Management Fees [Member]
Total revenue
394,801	378,062	375,747	359,384	350,750	372,292	368,961	356,076	361,857	-	-	321,629	304,653	-	292,814	276,883	283,042	290,804	303,625	300,624	301,813	314,583	311,756	300,136	304,713	301,536	293,589	276,921	263,281	255,063	244,655	248,888	239,452	239,751	262,067	251,670	242,734	230,403	214,752	212,141	210,387	175,167
Total Distribution And Underwriter Fees [Member]
Total revenue
21,578	21,187	21,281	20,054	23,090	23,529	24,738	24,157	24,947	-	-	19,918	18,959	-	18,883	18,275	19,058	19,446	20,285	20,048	21,036	21,133	21,548	21,212	21,621	21,637	22,681	22,165	22,751	22,278	22,066	22,551	22,515	23,079	26,432	26,141	27,327	29,954	24,341	24,666	25,034	21,719
Service Fees [Member]
Total revenue
33,939	32,272	31,855	29,586	29,360	31,364	31,053	29,453	30,361	-	-	30,067	28,911	-	27,150	25,794	27,259	28,875	29,265	28,461	29,847	30,616	31,977	30,829	32,291	32,039	32,259	31,132	31,130	31,221	30,760	32,065	32,299	33,281	37,426	36,478	37,345	37,055	34,243	34,453	33,990	29,862
Other Revenue [Member]
Total revenue
2,236	2,219	2,352	2,837	3,216	3,610	3,939	3,014	3,071	-	-	3,018	2,436	-	2,321	2,338	2,197	2,333	2,336	2,531	2,234	2,050	2,309	1,884	1,636	1,721	1,832	1,474	1,355	1,327	1,290	1,266	1,340	1,212	1,131	1,324	1,208	481	-257	1,693	2,624	1,625