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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Investment Banking:        
Other Revenue, Including Interest and Investments $ 1,511 $ 12,329 $ 25,142 $ 12,497
Total Revenues 827,948 407,518 2,186,999 1,352,969
Interest Expense 4,393 5,003 13,269 16,372
Net Revenues 823,555 402,515 2,173,730 1,336,597
Expenses        
Employee Compensation and Benefits 486,471 259,812 1,289,659 864,600
Occupancy and Equipment Rental 19,191 18,043 55,413 54,318
Professional Fees 24,851 17,324 67,859 53,165
Travel and Related Expenses 5,895 3,182 11,902 23,089
Communications and Information Services 14,082 13,868 42,191 40,704
Depreciation and Amortization 7,122 6,214 20,914 20,060
Execution, Clearing and Custody Fees 2,484 2,840 8,949 10,230
Special Charges, Including Business Realignment Costs 8,554 7,380 8,554 39,614
Acquisition and Transition Costs 0 454 7 560
Other Operating Expenses 9,752 9,712 21,908 30,539
Total Expenses 578,402 338,829 1,527,356 1,136,879
Income Before Income from Equity Method Investments and Income Taxes 245,153 63,686 646,374 199,718
Income from Equity Method Investments 3,681 3,111 10,099 8,552
Income Before Income Taxes 248,834 66,797 656,473 208,270
Provision for Income Taxes 59,712 15,677 137,871 51,042
Net Income 189,122 51,120 518,602 157,228
Net Income Attributable to Noncontrolling Interest 29,577 8,510 74,346 27,031
Net Income Attributable to Evercore Inc. 159,545 42,610 444,256 130,197
Net Income Attributable to Evercore Inc. Common Shareholders $ 159,545 $ 42,610 $ 444,256 $ 130,197
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 39,467 40,694 40,492 40,441
Diluted (in shares) 42,697 42,343 43,597 42,185
Net Income Per Share Attributable to Evercore Inc. Common Shareholders:        
Basic (in dollars per share) $ 4.04 $ 1.05 $ 10.97 $ 3.22
Diluted (in dollars per share) $ 3.74 $ 1.01 $ 10.19 $ 3.09
Investment Banking [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 809,477 $ 381,164 $ 2,113,765 $ 1,300,747
Net Revenues 806,918 385,463 2,125,023 1,294,493
Expenses        
Special Charges, Including Business Realignment Costs 0 7,380 0 39,582
Acquisition and Transition Costs 0 154 7 260
Income Before Income from Equity Method Investments and Income Taxes 250,641 59,105 644,053 194,475
Income from Equity Method Investments 564 570 1,282 1,171
Income Before Income Taxes 251,205 59,675 645,335 195,646
Investment Banking [Member] | Advisory Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 708,333 270,662 1,781,065 965,662
Investment Banking [Member] | Underwriting Fees [Member]        
Investment Banking:        
Revenue from Contract with Customer 54,381 66,499 181,686 181,182
Investment Banking [Member] | Commissions and Related Revenue [Member]        
Investment Banking:        
Revenue from Contract with Customer 46,763 44,003 151,014 153,903
Investment Management [Member]        
Investment Banking:        
Revenue from Contract with Customer 16,960 14,025 48,092 39,725
Net Revenues 16,637 17,052 48,707 42,104
Expenses        
Special Charges, Including Business Realignment Costs 8,554 0 8,554 32
Acquisition and Transition Costs 0 300 0 300
Income Before Income from Equity Method Investments and Income Taxes (5,488) 4,581 2,321 5,243
Income from Equity Method Investments 3,117 2,541 8,817 7,381
Income Before Income Taxes (2,371) 7,122 11,138 12,624
Investment Management [Member] | Asset Management [Member]        
Investment Banking:        
Revenue from Contract with Customer $ 16,960 $ 14,025 $ 48,092 $ 39,725