Evercore Partners Inc. Stockholders' Equity

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Evercore Partners Inc. Stockholders' Equity

Evercore Partners Inc. Stockholders’ Equity

Dividends – The Company’s Board of Directors declared on April 21, 2014, a quarterly cash dividend of $0.25 per share, to the holders of Class A Shares as of May 30, 2014, which will be paid on June 13, 2014. During the three months ended March 31, 2014, the Company declared and paid dividends of $0.25 per share, totaling $8,845.

Treasury Stock – During the three months ended March 31, 2014, the Company purchased 936 Class A Shares primarily from employees at values ranging from $53.04 to $61.82 per share, primarily for the net settlement of stock-based compensation awards, and 210 Class A Shares at market values ranging from $52.87 to $55.00 per share pursuant to the Company’s share repurchase program. The result of these purchases was an increase in Treasury Stock of $61,887 on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2014.

LP Units – During the three months ended March 31, 2014, 805 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $8 and $8,841, respectively, on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2014.

Accumulated Other Comprehensive Income (Loss) – As of March 31, 2014, Accumulated Other Comprehensive Income (Loss) on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition includes an accumulated Unrealized Gain (Loss) on Marketable Securities, net, and a Foreign Currency Translation Adjustment Gain (Loss), net, of ($1,627) and ($8,176), respectively.

Income (Loss) from Discontinued Operations, and the Provision (Benefit) for Income Taxes from Discontinued Operations on the Unaudited Condensed Consolidated Statement of Operations for the three months ended March 31, 2013 includes ($1,683) and ($573), respectively, reclassified from Accumulated Other Comprehensive Income (Loss) related to the recognition of a cumulative foreign exchange translation loss as a result of the consolidation of Pan.