Pjt partners inc. (PJT)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Dec'14
Assets
Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Cash and Cash Equivalents

88,344

215,950

108,039

84,214

54,347

106,110

166,374

95,534

56,340

145,619

102,281

60,880

73,465

152,431

156,899

103,200

85,983

82,322

-

38,533

Investments

24,354

1,543

10,187

1,412

2,090

2,157

25,837

25,363

25,400

37,121

55,112

34,915

24,937

-

-

-

-

-

-

-

Restricted Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

802

827

-

-

Accounts Receivable (net of allowance for credit losses of $1,410 and $0 at March 31, 2020 and December 31, 2019, respectively)

245,746

227,516

255,870

221,901

203,908

217,768

191,820

211,808

219,066

190,389

168,417

220,598

200,358

227,560

182,082

184,585

182,137

169,590

-

162,924

Receivable from Affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,162

Due from Blackstone

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,517

Intangible Assets, Net

37,879

39,806

41,734

45,192

47,176

49,160

10,544

11,128

11,711

12,295

12,879

13,463

14,046

14,713

15,387

18,014

20,820

23,646

-

19,797

Goodwill

172,725

172,725

172,725

170,914

170,914

176,031

72,286

72,286

72,286

72,286

72,286

72,286

72,286

72,286

72,286

72,286

72,286

75,769

-

68,873

Furniture, Equipment and Leasehold Improvements, Net

39,946

37,123

35,864

35,911

34,814

34,805

35,498

36,732

35,687

33,789

35,099

36,087

37,137

38,155

39,533

37,047

36,484

31,490

-

5,111

Operating Lease Right-of-Use Assets

158,359

166,519

135,283

140,553

145,949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes Receivable

-

-

-

-

-

-

8,655

10,579

12,155

-

-

-

-

-

-

-

-

-

-

-

Other Assets

61,372

43,358

42,137

43,138

46,057

26,935

15,769

20,284

22,890

23,464

23,216

26,289

15,062

14,374

18,172

26,211

20,229

14,920

-

1,330

Deferred Tax Asset, Net

49,986

48,237

54,479

58,309

61,091

58,851

54,899

50,030

46,052

44,002

92,729

75,074

73,305

70,957

75,440

74,043

72,943

68,688

-

2,704

Total Assets

878,711

952,777

856,318

801,544

766,346

671,817

581,682

533,744

501,587

558,965

562,019

539,592

510,596

590,476

559,799

515,386

491,684

467,252

-

347,951

Liabilities and Equity
Accrued Compensation and Benefits

63,275

120,750

104,209

60,040

26,490

89,642

101,428

68,304

39,676

96,944

79,970

73,976

39,274

140,076

123,311

78,960

68,488

81,221

-

9,178

Accounts Payable, Accrued Expenses and Other Liabilities

18,822

24,767

20,575

18,567

20,560

24,657

19,522

20,082

24,002

16,873

22,789

18,315

16,999

17,354

23,736

29,147

39,322

29,533

-

4,817

Operating Lease Liabilities

175,552

182,924

150,833

155,979

161,201

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Rent Liability

-

-

-

-

-

16,417

16,613

16,974

17,387

17,042

16,789

16,444

16,179

16,353

16,729

17,042

15,197

12,414

-

-

Amount Due Pursuant to Tax Receivable Agreement

10,400

9,300

9,000

8,900

9,111

8,500

6,102

4,896

4,141

2,857

3,840

3,318

1,911

964

-

-

-

-

-

-

Taxes Payable

7,685

4,841

2,992

2,576

3,293

7,040

2,938

2,091

1,785

2,413

1,073

1,233

2,288

1,527

1,179

878

2,430

1,672

-

62

Deferred Revenue

12,701

14,189

8,767

5,965

7,535

7,856

5,696

3,521

2,590

382

433

436

1,419

786

5,155

5,159

337

477

-

1,574

Loan Payable

-

21,500

25,750

30,000

30,000

30,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities

288,398

378,260

322,115

282,043

258,190

184,068

152,299

115,868

89,581

136,511

124,894

113,722

78,070

177,060

170,110

131,186

125,774

125,317

-

15,631

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

-

0

Redeemable Non-Controlling Interests

-

-

-

-

-

-

-

-

-

-

574,272

575,591

494,563

421,976

392,018

298,785

386,279

309,855

-

-

Equity
Additional Paid-In Capital

349,932

290,896

277,566

278,053

112,306

210,939

60,107

48,487

34,748

30,674

10,204

-

-

9,145

20,992

97,825

-

43,132

-

-

Accumulated Deficit

-128,214

-144,919

-160,573

-166,257

-169,923

-169,836

-176,110

-182,588

-188,418

-185,991

-147,599

-149,992

-62,284

-17,946

-23,759

-13,114

-20,637

-11,184

-

-

Accumulated Other Comprehensive Income (Loss)

-1,334

146

-1,129

-615

33

-627

-150

-73

559

155

62

86

62

61

258

524

88

-48

-

1,010

Treasury Stock at Cost (3,083,954 and 2,544,657 shares at March 31, 2020 and December 31, 2019, respectively)

140,178

114,984

110,639

92,856

67,172

67,172

-

28,029

6,192

2,302

-

-

-

-

-

-

-

-

-

-

Former Parent Company Investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

331,310

Total PJT Partners Inc. Equity

80,472

31,390

5,476

18,576

-124,505

-26,456

-154,032

-161,990

-159,106

-157,278

-137,147

-149,721

-62,037

-8,560

-2,329

85,415

-20,369

32,080

0

332,320

Non-Controlling Interests

509,841

543,127

528,727

500,925

632,661

514,205

583,415

579,866

571,112

579,732

-

-

-

-

-

-

-

-

-

-

Total Equity

590,313

574,517

534,203

519,501

508,156

487,749

429,383

417,876

412,006

422,454

-

-

-

-8,560

-

-

-

-

-

-

Total Liabilities and Equity

878,711

952,777

856,318

801,544

766,346

671,817

581,682

533,744

501,587

558,965

562,019

539,592

510,596

590,476

559,799

515,386

491,684

467,252

-

347,951

PJT Partners
Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,691

-

Accounts Receivable (net of allowance for doubtful accounts of $3,018 and $3,758 at September 30, 2015 and December 31, 2014, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

131,828

-

Receivable from Affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,647

-

Due from Blackstone

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,267

-

Intangible Assets, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,849

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68,873

-

Furniture, Equipment and Leasehold Improvements, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,790

-

Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,617

-

Deferred Tax Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,033

-

Total Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

301,595

-

Accrued Compensation and Benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,832

-

Accounts Payable, Accrued Expenses and Other Liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,795

-

Taxes Payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

-

Deferred Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

708

-

Total Liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,410

-

Parent Company Investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

254,540

-

Accumulated Other Comprehensive Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,645

-

Stockholder’s Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

256,185

-

Total Liabilities and Parent Company Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

301,595

-

Class A Common Stock
Common stock, value

266

251

251

251

251

240

220

213

197

186

186

185

185

-

-

-

-

-

-

-

Treasury Stock at Cost (725,634 and 60,333 shares of Class A Common Stock at September 30, 2018 and December 31, 2017, respectively)

-

-

-

-

-

-

38,099

-

-

-

-

-

-

-

-

-

-

-

-

-

Total PJT Partners Inc. Equity (Deficit)

-

-

-

-

-

-

-

-

-

-

186

185

185

-

-

-

-

-

-

-

Total Equity

266

251

251

251

251

240

220

213

197

186

-

-

-

-

-

-

-

-

-

-

Class B Common Stock
Common stock, value

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-