Evercore Partners Inc. Stockholders' Equity

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Evercore Partners Inc. Stockholders' Equity

Evercore Partners Inc. Stockholders’ Equity

Dividends – The Company’s Board of Directors declared on October 26, 2015, a quarterly cash dividend of $0.31 per share, to the holders of Class A Shares as of November 27, 2015, which will be paid on December 11, 2015. During the nine months ended September 30, 2015, the Company declared and paid dividends of $0.84 per share, totaling $33,987.

Treasury Stock – During the nine months ended September 30, 2015, the Company purchased 969 Class A Shares primarily from employees at values ranging from $47.56 to $59.02 per share (at an average cost per share of $50.95), primarily for the net settlement of stock-based compensation awards, and 1,997 Class A Shares at market values ranging from $47.10 to $57.03 per share (at an average cost per share of $50.84) pursuant to the Company’s share repurchase program. The result of these purchases was an increase in Treasury Stock of $151,665 on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2015.

LP Units – During the nine months ended September 30, 2015, 391 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $4 and $8,317, respectively, on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2015.

During the nine months ended September 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 September 30, 2015.

Accumulated Other Comprehensive Income (Loss) – As of September 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 ($4,862) and ($23,308), respectively.