|
Revenues
|
|
$533.3m
|
$519.0m
|
$801.7m
|
$631.5m
|
$648.7m
|
$878.0m
|
$750.9m
|
|
Operating income (loss)
|
|
($1k)
|
($1.0m)
|
$66.6m
|
($47.7m)
|
($115.1m)
|
($78.5m)
|
$48.0m
|
|
Compensation and benefits
|
|
$349.8m
|
$374.3m
|
$504.4m
|
$391.3m
|
$426.6m
|
$525.9m
|
$425.6m
|
|
Equity-based compensation
|
|
$193.3m
|
$24.8m
|
$96.3m
|
$154.2m
|
$182.4m
|
$258.3m
|
$109.8m
|
|
Professional fees
|
|
$39.3m
|
$42.9m
|
$41.9m
|
$34.8m
|
$39.6m
|
$49.3m
|
$43.5m
|
|
Technology and infrastructure
|
|
$27.1m
|
$27.3m
|
$28.4m
|
$30.1m
|
$34.5m
|
$35.7m
|
$38.0m
|
|
Rent and occupancy
|
|
$27.8m
|
$28.0m
|
$26.4m
|
$24.9m
|
$26.9m
|
$24.3m
|
$24.5m
|
|
Depreciation and amortization
|
|
$15.9m
|
$15.5m
|
$14.5m
|
$10.7m
|
$14.7m
|
$20.4m
|
$20.8m
|
|
Related party income
|
|
$108k
|
$185k
|
$761k
|
$8.0m
|
$2.6m
|
$10.3m
|
$3.5m
|
|
Income (loss) before income taxes
|
|
($1k)
|
($1.0m)
|
$22.9m
|
($21.4m)
|
($112.8m)
|
($68.3m)
|
$51.5m
|
|
Total compensation and benefits
|
|
$543.1m
|
$399.1m
|
$600.7m
|
$545.5m
|
$608.9m
|
$784.2m
|
$535.4m
|
|
Net income (loss)
|
|
($164.0m)
|
($24.3m)
|
$4.0m
|
($31.7m)
|
($111.8m)
|
($89.3m)
|
$48.0m
|
|
Less: Net income (loss) attributable to non-controlling interests
|
|
—
|
—
|
$13.4m
|
($49.6m)
|
($94.6m)
|
($24.6m)
|
$12.5m
|
|
Net income (loss) attributable to Perella Weinberg Partners
|
|
($1k)
|
($1.0m)
|
($9.4m)
|
$17.9m
|
($17.2m)
|
($64.7m)
|
$35.5m
|
|
Basic (in dollars per share)
|
|
$0.00
|
($0.14)
|
$0.09
|
($0.72)
|
($2.58)
|
($1.68)
|
$0.75
|
|
Diluted (in dollars per share)
|
|
$0.00
|
($0.14)
|
$0.04
|
($0.35)
|
($1.29)
|
($1.68)
|
$0.48
|
|
Travel and related expenses
|
|
$19.7m
|
$5.7m
|
$6.3m
|
$13.0m
|
$19.0m
|
$19.8m
|
$22.7m
|
|
General, administrative and other expenses
|
|
$15.7m
|
$15.1m
|
$17.0m
|
$20.2m
|
$20.1m
|
$22.8m
|
$18.0m
|
|
Income tax expense (benefit)
|
|
($2.4m)
|
($3.5m)
|
($18.9m)
|
($10.3m)
|
($980k)
|
$21.1m
|
$3.5m
|
|
Total expenses
|
|
$688.4m
|
$533.6m
|
$735.1m
|
$679.2m
|
$763.8m
|
$956.6m
|
$702.9m
|
|
Total non-operating income (expenses)
|
|
($6.5m)
|
($6.3m)
|
($43.6m)
|
$26.3m
|
$2.3m
|
$10.3m
|
$3.5m
|