Evercore Partners Inc. Stockholders' Equity

3 Months Ended

Mar. 31, 2017

Equity [Abstract]

Evercore Partners Inc. Stockholders' Equity

Evercore Partners Inc. Stockholders' Equity

Dividends – The Company's Board of Directors declared on April 24, 2017, a quarterly cash dividend of $0.34 per share, to the holders of record of Class A Shares as of May 26, 2017, which will be paid on June 9, 2017. During the three months ended March 31, 2017, the Company declared and paid or accrued dividends of $0.34 per share, totaling $18,409.

Treasury Stock – During the three months ended March 31, 2017, the Company purchased 1,094 Class A Shares primarily from employees at values ranging from $50.90 to $81.52 per share (at an average cost per share of $78.03), primarily for the net settlement of stock-based compensation awards, and 14 Class A Shares at a market value of $74.51 per share pursuant to the Company's share repurchase program. The result of these purchases was an increase in Treasury Stock of $86,383 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2017.

LP Units – During the three months ended March 31, 2017, 629 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $7 and $23,622, respectively, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2017.

Accumulated Other Comprehensive Income (Loss) – As of March 31, 2017, 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 ($5,859) and ($44,059), respectively.