|
Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Oct. 31, 2011
|
Oct. 31, 2010
|
Oct. 31, 2009
|
| Revenues: |
|
|
|
| Investment advisory and administration fees |
$ 996,222 |
$ 867,683 |
$ 683,820 |
| Distribution and underwriter fees |
102,979 |
103,995 |
85,234 |
| Service fees |
144,530 |
139,741 |
116,331 |
| Other revenue |
16,300 |
10,242 |
4,986 |
| Total revenues |
1,260,031 |
1,121,661 |
890,371 |
| Expenses: |
|
|
|
| Compensation of officers and employees |
369,927 |
348,897 |
293,062 |
| Distribution expense |
132,664 |
126,064 |
95,988 |
| Service fee expense |
124,517 |
116,900 |
94,468 |
| Amortization of deferred sales commissions |
35,773 |
35,533 |
35,178 |
| Fund expenses |
25,295 |
20,455 |
22,432 |
| Other expenses |
134,198 |
120,530 |
116,023 |
| Total expenses |
822,374 |
768,379 |
657,151 |
| Operating income |
437,657 |
353,282 |
233,220 |
| Other income (expense): |
|
|
|
| Interest income |
2,907 |
2,864 |
3,745 |
| Interest expense |
(33,652) |
(33,666) |
(33,682) |
| Net gains on investments and derivatives |
5,102 |
4,300 |
6,078 |
| Net foreign currency gains (losses) |
(26) |
181 |
165 |
| Impairment losses on investments |
|
|
(1,863) |
| Other income (expense) of consolidated collateralized loan obligation entity: |
|
|
|
| Interest income |
21,116 |
|
|
| Interest expense |
(13,575) |
|
|
| Net losses on bank loans, other investments and note obligations |
(38,153) |
|
|
| Income before income taxes and equity in net income (loss) of affiliates |
381,376 |
326,961 |
207,663 |
| Income taxes |
(156,844) |
(126,263) |
(71,044) |
| Equity in net income of affiliates, net of tax |
3,042 |
527 |
(1,094) |
| Net income |
227,574 |
201,225 |
135,525 |
| Net income attributable to non-controlling and other beneficial interests |
(12,672) |
(26,927) |
(5,418) |
| Net income attributable to Eaton Vance Corp. shareholders |
$ 214,902 |
$ 174,298 |
$ 130,107 |
| Earnings per share: |
|
|
|
| Basic |
$ 1.82 |
$ 1.47 |
$ 1.11 |
| Diluted |
$ 1.75 |
$ 1.40 |
$ 1.07 |
| Weighted average shares outstanding: |
|
|
|
| Basic |
115,326 |
116,444 |
116,175 |
| Diluted |
119,975 |
122,632 |
120,575 |
| Dividends Declared Per Share |
$ 0.730 |
$ 0.660 |
$ 0.625 |