EVERCORE INC. EVR Income Statement

Evercore inc. (EVR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
Underwriting Fees
-	-	-	-	-	-	-	-	-	-	11,034	9,156	9,980	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commissions and Related Fees
-	-	-	-	-	-	-	-	-	-	45,390	53,824	49,684	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenue, Including Interest and Investments
-14,763	9,568	9,911	13,640	12,335	-1,775	10,058	6,239	4,529	75,465	6,553	2,017	4,793	16,730	5,509	5,764	1,377	2,603	4,097	1,852	2,707	2,431	4,170	2,622	2,069	9,402	2,934	1,428	3,104	2,997	2,760	1,593	2,296	2,895	3,036	4,270	3,696	4,661	6,973
Total Revenues
433,047	666,345	407,864	535,209	419,419	775,557	385,462	453,545	467,912	545,036	412,014	375,272	392,023	450,064	391,101	355,193	260,432	411,445	313,470	272,907	242,426	326,115	231,125	221,674	152,488	222,391	191,147	209,971	155,924	218,020	157,044	176,055	106,555	116,756	167,754	146,953	112,192	129,571	70,903
Interest Expense
6,040	6,218	5,666	4,163	4,092	4,151	4,203	5,068	4,349	5,005	5,413	4,802	4,776	4,695	4,787	4,537	2,719	3,202	4,519	4,811	4,443	4,227	3,964	3,978	3,375	3,719	3,819	3,174	3,293	3,971	4,015	3,558	3,757	3,975	4,573	5,749	5,094	5,853	5,933
Net Revenues
427,007	660,127	402,198	531,046	415,327	771,406	381,259	448,477	463,563	540,031	406,601	370,470	387,247	445,369	386,314	350,656	257,713	408,243	308,951	268,096	237,983	321,888	227,161	217,696	149,113	218,672	187,328	206,797	152,631	214,049	153,029	172,497	102,798	112,781	163,181	141,204	107,098	123,718	64,970
Expenses
Employee Compensation and Benefits
270,742	397,320	241,702	314,323	247,632	430,636	225,452	265,591	275,494	273,326	246,772	236,856	205,558	267,631	231,710	221,334	179,915	254,530	197,375	173,144	163,126	192,217	136,561	129,346	91,392	134,080	118,328	131,377	102,009	134,034	101,364	114,290	80,727	74,880	113,634	100,069	69,097	82,267	45,762
Occupancy and Equipment Rental
18,910	17,060	16,946	18,062	16,217	15,722	15,367	14,478	13,404	13,257	13,531	13,585	13,075	11,321	12,627	10,582	10,774	12,072	11,717	11,684	12,230	11,581	9,999	10,138	9,484	9,214	8,579	8,178	8,737	8,400	8,882	9,146	8,245	6,730	5,976	5,673	5,118	5,129	4,631
Professional Fees
16,966	20,939	21,577	20,511	18,824	25,812	19,698	20,833	16,050	21,368	15,836	9,908	16,745	16,529	15,419	13,751	10,702	14,810	13,410	13,164	9,433	14,068	10,862	11,988	8,511	9,397	9,920	9,288	7,845	9,426	10,752	8,272	7,056	8,112	9,395	8,028	7,981	5,935	6,351
Travel and Related Expenses
16,151	20,745	17,589	19,397	17,664	17,896	16,880	17,622	16,356	17,203	15,113	16,883	14,980	15,207	12,440	15,989	13,829	16,251	12,567	13,400	13,170	12,957	9,576	10,098	7,384	8,686	7,801	8,272	7,178	7,290	6,802	7,648	6,733	7,387	5,856	5,416	4,513	4,441	3,979
Communications and Information Services
12,567	12,542	12,146	11,481	11,146	9,685	10,590	10,360	10,684	10,528	10,613	9,941	10,311	10,333	10,155	9,786	10,003	8,777	9,295	9,738	8,562	7,549	3,974	3,922	3,373	3,548	3,043	3,363	3,419	2,714	2,915	3,028	2,788	2,755	1,574	1,930	2,044	1,455	1,762
Depreciation and Amortization
6,871	7,900	8,419	7,666	7,038	6,845	6,815	6,746	6,648	6,552	6,421	6,047	5,799	5,885	5,907	6,626	6,382	6,815	8,398	6,313	6,401	5,397	3,508	3,537	3,821	3,807	3,582	3,591	3,557	3,964	3,828	3,680	5,362	6,864	4,886	3,039	2,957	3,379	1,948
Execution, Clearing and Custody Fees
4,186	3,484	3,265	3,199	3,019	3,652	3,068	1,560	3,190	3,806	3,455	3,658	3,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special Charges, Including Business Realignment Costs
23,676	7,054	1,029	1,029	1,029	1,148	1,967	0	1,897	3,930	0	21,507	0	-	0	0	-	7,645	28,000	-139	5,638	1,161	3,732	0	0	-	0	-	-	-	0	662	-	-	2,626	-	-	-	-
Acquisition and Transition Costs
8	525	380	0	108	0	0	0	21	697	599	377	0	-	339	-329	-	2,951	538	917	484	590	4,122	1,016	100	0	0	0	58	692	0	75	73	1,153	1,178	601	533	385	1,280
Other Operating Expenses
7,627	15,835	8,801	8,544	8,840	9,804	6,882	6,505	7,270	5,218	7,191	5,442	5,591	-4,629	12,632	10,312	9,983	9,729	15,753	8,764	7,941	8,516	5,481	4,616	4,334	5,894	4,207	4,547	3,578	5,291	4,241	4,501	3,957	4,641	4,614	4,833	3,091	3,031	2,378
Total Expenses
377,704	503,404	331,854	404,212	331,517	521,200	306,719	343,695	351,014	355,885	319,531	324,204	275,918	348,010	301,229	288,051	241,588	333,580	297,053	236,985	226,985	254,036	187,815	174,661	128,399	174,796	155,460	168,616	136,381	171,811	138,784	151,302	114,941	113,790	149,739	129,589	95,334	106,022	68,091
Income Before Income from Equity Method Investments and Income Taxes
49,303	156,723	70,344	126,834	83,810	250,206	74,540	104,782	112,549	184,146	87,070	46,266	111,329	97,359	85,085	62,605	16,125	74,663	11,898	31,111	10,998	67,852	39,346	43,035	20,714	43,876	31,868	38,181	16,250	42,238	14,245	21,195	-12,143	-1,009	13,442	11,615	11,764	17,696	-3,121
Income (Loss) from Equity Method Investments
3,128	3,770	2,562	2,453	2,211	2,452	2,298	2,419	2,125	3,331	1,827	2,070	1,610	2,512	1,178	1,664	1,287	2,016	929	1,998	1,107	1,799	1,102	2,038	241	5,993	562	1,015	756	1,333	415	719	2,385	255	195	69	400	-131	-130
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
52,431	160,493	72,906	129,287	86,021	252,658	76,838	107,201	114,674	187,477	88,897	48,336	112,939	99,871	86,263	64,269	17,412	76,679	12,827	33,109	12,105	69,651	40,448	45,073	20,955	49,869	32,430	39,196	17,006	43,571	14,660	21,914	-9,758	-754	13,637	11,684	12,164	17,565	-3,251
Provision for Income Taxes
13,551	34,793	20,402	32,030	7,821	60,502	17,539	25,541	4,938	188,876	28,815	22,459	18,292	39,913	38,980	30,676	9,734	46,703	7,392	16,723	6,212	30,542	15,264	15,387	7,563	26,474	12,350	17,130	7,735	18,586	7,187	9,773	-4,638	1,080	11,144	6,064	4,436	8,547	-1,698
Net Income from Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,395	20,080	22,066	9,271	-	7,473	-	-	-1,834	2,493	5,620	7,728	-	-
Income (Loss) from Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24	-2,811	-119	-1,306	-	0	-	-	-1,443	-1,718	-448	-589	-	-
Provision (Benefit) for Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	-985	-64	-413	-	0	-	-	61	-518	-87	-178	-	-
Net Income (Loss) from Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16	-1,826	-55	-893	-	0	-	-	-	-1,200	-	-	-	-
Net Income
38,880	125,700	52,504	97,257	78,200	192,156	59,299	81,660	109,736	-1,399	60,082	25,877	94,647	59,958	47,283	33,593	7,678	29,976	5,435	16,386	5,893	39,109	25,184	29,686	13,392	23,379	18,254	22,011	8,378	24,985	7,473	12,141	-5,120	-3,995	1,293	5,535	7,698	9,018	-1,553
Net Income Attributable to Noncontrolling Interest
7,705	20,516	9,226	15,515	10,968	28,851	9,838	12,729	14,193	18,013	14,171	7,693	13,876	16,530	12,588	9,506	2,360	9,374	-1,762	5,622	1,593	11,377	875	5,421	2,824	6,474	4,292	5,585	2,409	5,963	2,172	4,207	-1,752	-3,339	-466	3,274	4,110	5,488	-1,670
Net Income Attributable to Evercore Inc.
31,175	105,184	43,278	81,742	67,232	163,305	49,461	68,931	95,543	-19,412	45,911	18,184	80,771	43,428	34,695	24,087	5,318	20,602	7,197	10,764	4,300	27,732	24,309	24,265	10,568	16,905	13,962	16,426	5,969	19,022	5,301	7,934	-3,368	-656	1,759	2,261	3,588	3,530	117
Net Income Attributable to Evercore Inc. Common Shareholders
31,175	105,184	43,278	81,742	67,232	163,305	49,461	68,931	95,543	-19,412	45,911	18,184	80,771	43,428	34,695	24,087	5,318	-	-	-	-	-	-	-	-	16,909	14,996	16,437	6,457	-	5,280	-	-	-24	1,936	2,325	3,597	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-276	-381	-	-
From Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-1,055	-32	-509	-	0	-	-	-653	-198	-85	-30	-	-
Net Income Attributable to Evercore Partners Inc. Common Shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,197	10,764	4,300	-	24,309	24,265	10,568	16,900	13,941	16,405	5,948	19,001	5,280	7,913	-3,389	-677	1,738	2,240	3,567	3,509	96
Weighted Average Shares of Class A Common Stock Outstanding
Basic (in shares)
39,992	39,229	39,704	40,546	40,497	40,099	40,966	40,889	40,426	38,930	39,045	40,109	40,480	39,099	38,912	39,249	39,620	38,701	36,773	36,445	36,725	36,370	36,527	35,744	34,667	33,111	32,049	31,811	31,861	29,945	28,841	29,213	29,101	28,708	28,967	23,724	22,677	18,973	19,016
Diluted (in shares)
42,317	42,456	42,789	43,376	44,155	44,496	45,858	45,299	45,463	44,626	44,036	44,706	45,936	44,515	43,734	43,603	44,920	45,509	44,334	42,165	42,788	41,941	41,873	41,860	41,698	40,281	38,409	37,501	37,733	37,987	31,440	31,664	29,101	32,591	31,235	27,364	26,398	21,091	22,363
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:
From Continuing Operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.51	0.47	0.52	0.20	-	0.18	-	-	-0.01	0.06	0.09	0.16	-	-
From Discontinued Operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.04	0.00	-0.01	-	0.00	-	-	-0.03	-0.01	0.00	0.00	-	-
Basic (in dollars per share)
0.78	2.67	1.09	2.02	1.66	4.03	1.21	1.69	2.36	-0.47	1.18	0.45	2.00	1.11	0.89	0.61	0.13	0.53	0.20	0.30	0.12	0.77	0.67	0.68	0.30	0.51	0.43	0.52	0.19	0.65	0.18	0.27	-0.12	-0.05	0.06	0.09	0.16	0.18	0.01
From Continuing Operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.42	0.39	0.44	0.17	-	0.17	-	-	-0.01	0.06	0.08	0.14	-	-
From Discontinued Operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.03	0.00	-0.01	-	0.00	-	-	-0.03	-0.01	0.00	0.00	-	-
Diluted (in dollars per share)
0.74	2.48	1.01	1.88	1.52	3.63	1.08	1.52	2.10	-0.41	1.04	0.41	1.76	0.97	0.79	0.55	0.12	0.46	0.16	0.26	0.10	0.67	0.58	0.58	0.25	0.42	0.36	0.44	0.16	0.59	0.17	0.25	-0.12	-0.05	0.06	0.08	0.14	0.17	0.00
Dividends Declared Per Share of Class A Common Stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.34	0.34	0.34	-	0.31	0.31	0.31	0.31	0.28	0.28	0.28	0.28	0.25	0.25	0.25	0.25	0.22	0.22	0.22	0.22	0.20	0.20	0.20	0.20	0.18	0.18	0.18	0.15	0.15
Investment Banking [Member]
Revenue from Contract with Customer
435,063	643,618	385,303	509,150	394,701	765,689	362,726	435,136	451,628	-	332,753	294,804	312,284	-	368,434	327,174	240,626	384,111	285,561	246,550	217,638	298,426	202,178	192,251	128,504	187,994	163,975	183,454	131,383	195,467	133,850	154,426	84,495	92,854	139,995	114,696	83,052	101,367	47,505
Net Revenues
413,656	646,209	388,012	516,386	401,188	759,314	366,834	435,675	450,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special Charges, Including Business Realignment Costs
23,644	4,115	1,029	1,029	1,029	1,148	1,967	0	1,897	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and Transition Costs
8	-	180	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income from Equity Method Investments and Income Taxes
48,635	158,183	68,398	124,099	82,020	249,081	71,137	102,658	110,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
536	160	282	219	255	221	0	297	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
49,171	158,343	68,680	124,318	82,275	249,302	71,137	102,955	110,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Management [Member]
Revenue from Contract with Customer
12,747	13,159	12,650	12,419	12,383	11,643	12,678	12,170	11,755	-	16,284	15,471	15,282	-	17,158	22,255	18,429	24,731	23,812	24,505	22,081	25,258	24,777	26,801	21,915	24,995	24,238	25,089	21,437	19,556	20,434	20,036	19,764	21,007	24,723	27,987	25,444	23,543	16,425
Net Revenues
13,351	13,918	14,186	14,660	14,139	12,092	14,425	12,802	13,363	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special Charges, Including Business Realignment Costs
32	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and Transition Costs
0	0	200	0	108	0	0	0	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income from Equity Method Investments and Income Taxes
668	-1,460	1,946	2,735	1,790	1,125	3,403	2,124	2,069	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
2,592	3,610	2,280	2,234	1,956	2,231	2,298	2,122	2,125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
3,260	2,150	4,226	4,969	3,746	3,356	5,701	4,246	4,194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-