Evercore Inc. Stockholders' Equity

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Evercore Inc. Stockholders' Equity

Evercore Inc. Stockholders' Equity

Dividends – The Company's Board of Directors declared on October 23, 2017, a quarterly cash dividend of $0.40 per share, to the holders of record of Class A Shares as of November 24, 2017, which will be paid on December 8, 2017. During the nine months ended September 30, 2017, the Company declared and paid or accrued dividends of $1.02 per share, totaling $47,776.

Treasury Stock – During the nine months ended September 30, 2017, the Company purchased 1,133 Class A Shares primarily from employees at values ranging from $50.90 to $81.52 per share (at an average cost per share of $77.89), primarily for the net settlement of stock-based compensation awards, and 2,757 Class A Shares at market values ranging from $67.37 to $78.81 per share (at an average cost per share of $73.75) pursuant to the Company's share repurchase program. The aggregate 3,889 Class A Shares were purchased at an average cost per share of $74.96 and the result of these purchases was an increase in Treasury Stock of $291,689 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2017.

LP Units – During the nine months ended September 30, 2017, 738 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $8 and $27,774, respectively, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2017.

Accumulated Other Comprehensive Income (Loss) – As of September 30, 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 Foreign Currency Translation Adjustment Gain (Loss), net, of ($5,506) and ($39,460), respectively.