Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Apr. 30, 2017 |
Apr. 30, 2016 |
Apr. 30, 2017 |
Apr. 30, 2016 |
|
| Revenue: | ||||
| Management fees | $ 321,629 | $ 276,883 | $ 626,282 | $ 559,925 |
| Distribution and underwriter fees | 19,918 | 18,275 | 38,877 | 37,333 |
| Service fees | 30,067 | 25,794 | 58,978 | 53,053 |
| Other revenue | 3,018 | 2,338 | 5,454 | 4,535 |
| Total revenue | 374,632 | 323,290 | 729,591 | 654,846 |
| Expenses: | ||||
| Compensation and related costs | 135,467 | 121,519 | 270,602 | 244,029 |
| Distribution expense | 32,007 | 28,239 | 63,124 | 56,722 |
| Service fee expense | 27,827 | 23,610 | 54,754 | 48,205 |
| Amortization of deferred sales commissions | 4,026 | 3,957 | 7,880 | 8,001 |
| Fund-related expenses | 11,848 | 8,031 | 22,723 | 17,194 |
| Other expenses | 45,537 | 42,166 | 87,152 | 84,302 |
| Total expenses | 256,712 | 227,522 | 506,235 | 458,453 |
| Operating income | 117,920 | 95,768 | 223,356 | 196,393 |
| Non-operating income (expense): | ||||
| Gains and other investment income, net | 9,288 | 3,789 | 9,782 | 6,629 |
| Interest expense | (8,065) | (7,340) | (15,412) | (14,682) |
| Other income (expense) of consolidated collateralized loan obligation (CLO) entity: | ||||
| Gains and other investment income, net | 0 | 13,908 | 0 | 17,187 |
| Interest and other expense | 0 | (2,878) | 0 | (4,714) |
| Total non-operating income (expense) | 1,223 | 7,479 | (5,630) | 4,420 |
| Income before income taxes and equity in net income of affiliates | 119,143 | 103,247 | 217,726 | 200,813 |
| Income taxes | (44,654) | (36,169) | (81,402) | (73,012) |
| Equity in net income of affiliates, net of tax | 3,144 | 2,377 | 5,650 | 4,886 |
| Net income | 77,633 | 69,455 | 141,974 | 132,687 |
| Net income attributable to non-controlling and other beneficial interests | (5,658) | (14,488) | (9,288) | (19,334) |
| Net income attributable to Eaton Vance Corp. shareholders | $ 71,975 | $ 54,967 | $ 132,686 | $ 113,353 |
| Earnings per share: | ||||
| Basic | $ 0.65 | $ 0.50 | $ 1.20 | $ 1.02 |
| Diluted | $ 0.62 | $ 0.48 | $ 1.15 | $ 0.99 |
| Weighted average shares outstanding: | ||||
| Basic | 110,875 | 110,459 | 110,375 | 110,852 |
| Diluted | 115,962 | 113,667 | 115,188 | 114,308 |
| Dividends declared per share | $ 0.280 | $ 0.265 | $ 0.560 | $ 0.530 |