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Mirror Merger Sub 2, LLC (EV)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsOct-31-20Oct-31-19Oct-31-18Oct-31-17Oct-31-16Oct-31-15Oct-31-14Oct-31-13
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Revenue:          
Total revenue  1,730.41,683.31,692.41,532.11,342.91,403.61,450.31,357.5
            Total revenue growth  2.8%-0.5%10.5%14.1%-4.3%-3.2%6.8%12.3%
Expenses:          
Compensation and related costs  793.7626.5604.6554.0491.1483.8461.4447.1
Distribution expense  141.2150.2165.0156.9118.0198.2  
Service fee expense  115.2107.8106.8105.498.5106.7116.6115.1
   
Amortization of deferred sales commissions          
Fund-related expenses          
Other expenses  238.6214.9204.7181.7169.6163.6157.8148.8
    Total expenses  1,356.11,162.41,137.21,049.4928.61,003.1930.4904.5
    Operating income  374.2520.9555.2482.8414.3400.4519.9453.0
            Operating margin  21.6%30.9%32.8%31.5%30.8%28.5%35.8%33.4%
   
Non-operating income (expense):          
Gains and other investment income, net  3.251.010.119.312.40.01.1-2.5
Interest expense  -23.9-23.8-23.6-27.5-29.4-29.4-29.9-33.7
   
Loss on extinguishment of debt          
Other income (expense) of consolidated collateralized loan obligation (CLO) entities:          
Gains and other investment income, net  36.170.316.9     
Interest and other expense  -113.6-59.4-49.9-98.7-43.0-67.2-73.4-199.4
    Total non-operating income (expense)  -39.889.2-12.05.76.2-31.1-28.7-93.6
    Income before income taxes and equity in net income of affiliates  334.5559.0543.2469.2408.1369.4491.1359.5
Income tax expense  -83.9-135.3-156.7-173.7153.6-143.2186.7143.9
            Tax rate  25.1%24.2%28.8%37.0% 38.8%  
Equity in net income (loss) of affiliates, net of tax  -117.29.111.410.920.912.016.714.9
    Net income  133.3432.9397.9306.4264.8238.2321.2230.4
Net (income) loss attributable to non-controlling and other beneficial interests  5.2-32.8-16.0-24.2-23.5-7.9-16.8-36.6
    Net income attributable to Eaton Vance Corp. shareholders  138.5400.0381.9282.1241.3230.3304.3193.8
   
Earnings per share:          
Basic  $1.26$3.63$3.33$2.54$2.20$2.00$2.55$1.60
Diluted  $1.20$3.50$3.11$2.42$2.12$1.92$2.44$1.53
   
Weighted average shares outstanding:          
Basic  109.6110.1114.7110.9109.9113.3116.4116.6
Diluted  115.7114.4122.9116.4114.0118.2121.6122.4

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