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Evercore Partners Inc. Stockholders' Equity
6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Evercore Partners Inc. Stockholders' Equity
Evercore Partners Inc. Stockholders’ Equity
Dividends – The Company’s Board of Directors declared on July 20, 2015, a quarterly cash dividend of $0.28 per share, to the holders of Class A Shares as of August 28, 2015, which will be paid on September 11, 2015. During the six months ended June 30, 2015, the Company declared and paid dividends of $0.56 per share, totaling $22,703.
Treasury Stock – During the six months ended June 30, 2015, the Company purchased 928 Class A Shares primarily from employees at values ranging from $47.56 to $52.85 per share, primarily for the net settlement of stock-based compensation awards, and 1,522 Class A Shares at market values ranging from $47.10 to $53.39 per share pursuant to the Company’s share repurchase program. The result of these purchases was an increase in Treasury Stock of $123,639 on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2015.
LP Units – During the six months ended June 30, 2015, 209 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $2 and $4,117, respectively, on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2015.
During the six months ended June 30, 2015, the Company purchased 26 LP Units and certain other rights from a noncontrolling interest holder, resulting in a decrease to Noncontrolling Interest of $353 and a decrease to Additional Paid-In Capital of $770, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2015.
Accumulated Other Comprehensive Income (Loss) – As of June 30, 2015, 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 and Investments, net, and a Foreign Currency Translation Adjustment Gain (Loss), net, of ($4,752) and ($17,849), respectively.