Evercore Partners Inc. Stockholders' Equity

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Evercore Partners Inc. Stockholders' Equity

Evercore Partners Inc. Stockholders’ Equity

Dividends – The Company’s Board of Directors declared on July 23, 2013, a quarterly cash dividend of $0.22 per share, to the holders of Class A Shares as of August 30, 2013, which will be paid on September 13, 2013. During the six months endedJune 30, 2013, the Company declared and paid dividends of $0.44 per share, totaling $14,121.

Treasury Stock – During the six months endedJune 30, 2013, the Company purchased 843 Class A Shares primarily from employees at values ranging from $22.24 to $43.18 per share primarily for the net settlement of stock-based compensation awards and 1,298 Class A Shares at market values ranging from $36.00 to $41.00 per share pursuant to the Company’s share repurchase program. The result of these purchases was an increase in Treasury Stock of $81,108 on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2013.

LP Units – During the six months endedJune 30, 2013, 1,326 Evercore LP partnership units (“LP Units”) were exchanged for Class A Shares (including 983 LP Units which were exchanged on December 31, 2012, where settlement did not occur until January 2013), resulting in an increase to Common Stock and Additional Paid-In-Capital of $13 and $8,063, respectively, on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2013.

In June 2013, the Company purchased 185 LP Units and certain other rights from a noncontrolling interest holder, resulting in a decrease to Noncontrolling Interest of $5,893 and a net increase to Additional Paid-In-Capital of $1,343, inclusive of the step-up in basis for the assets of Evercore LP, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2013.

Accumulated Other Comprehensive Income (Loss) – As of June 30, 2013, 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 ($1,519) and ($9,396), respectively.

Other Revenue, Including Interest, and the Provision for Income Taxes on the Unaudited Condensed Consolidated Statement of Operations for the six months endedJune 30, 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.