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Evercore Partners Inc. Stockholders' Equity
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Evercore Partners Inc. Stockholders' Equity
Evercore Partners Inc. Stockholders’ Equity
Dividends – The Company’s Board of Directors declared on April 25, 2016, a quarterly cash dividend of $0.31 per share, to the holders of record of Class A common stock ("Class A Shares") as of May 27, 2016, which will be paid on June 10, 2016. During the three months ended March 31, 2016, the Company declared and paid dividends of $0.31 per share, totaling $12,326.
Treasury Stock – During the three months ended March 31, 2016, the Company purchased 952 Class A Shares primarily from employees at values ranging from $44.67 to $54.68 per share (at an average cost per share of $45.89), primarily for the net settlement of stock-based compensation awards, and 1,379 Class A Shares at market values ranging from $44.59 to $52.74 per share (at an average cost per share of $47.11) pursuant to the Company’s share repurchase program. The result of these purchases was an increase in Treasury Stock of $108,771 on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2016.
LP Units – During the three months ended March 31, 2016, 160 LP Units were exchanged for Class A Shares, resulting in an increase to Common Stock and Additional Paid-In-Capital of $2 and $4,134, respectively, on the Company’s Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2016.
Accumulated Other Comprehensive Income (Loss) – As of March 31, 2016, 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 ($4,751) and ($31,608), respectively.