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Evercore Inc. Stockholders' Equity
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Evercore Inc. Stockholders' Equity Evercore Inc. Stockholders' Equity
Dividends – On July 25, 2023, the Company's Board of Directors declared a quarterly cash dividend of $0.76 per share to the holders of record of shares of Class A common stock ("Class A Shares") as of August 25, 2023, which will be paid on September 8, 2023. During the three and six months ended June 30, 2023, the Company declared and paid dividends of $0.76 and $1.48 per share, respectively, totaling $28,938 and $56,610, respectively, and accrued deferred cash dividends on unvested restricted stock units ("RSUs") totaling $4,454 and $8,659, respectively. The Company also paid deferred cash dividends of $148 and $13,669 during the three and six months ended June 30, 2023, respectively. During the three and six months ended June 30, 2022, the Company declared and paid dividends of $0.72 and $1.40 per share, respectively, totaling $28,182 and $55,687, respectively, and accrued deferred cash dividends on unvested RSUs totaling $4,234 and $8,362, respectively. The Company also paid deferred cash dividends of $1,067 and $15,181 during the three and six months ended June 30, 2022, respectively.
Treasury Stock During the three months ended June 30, 2023, the Company purchased 21 Class A Shares from employees at an average cost per share of $109.04, primarily for the net settlement of stock-based compensation awards, and 516 Class A Shares at an average cost per share of $111.29 pursuant to the Company's share repurchase program. The aggregate 537 Class A Shares were purchased at an average cost per share of $111.20 and the result of these purchases was an increase in Treasury Stock of $59,670 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2023.
During the six months ended June 30, 2023, the Company purchased 937 Class A Shares from employees at an average cost per share of $131.27, primarily for the net settlement of stock-based compensation awards, and 1,752 Class A Shares at an average cost per share of $126.27 pursuant to the Company's share repurchase program. The aggregate 2,689 Class A Shares were purchased at an average cost per share of $128.01 and the result of these purchases was an increase in Treasury Stock of $344,236 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2023.
LP Units – During the three and six months ended June 30, 2023, 21 and 45 Evercore LP partnership units ("LP Units"), respectively, were exchanged for Class A Shares, resulting in an increase to Additional Paid-In-Capital of $1,296 and $2,774 for the three and six months ended June 30, 2023, respectively, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2023. See Note 12 for further information.
Accumulated Other Comprehensive Income (Loss) – As of June 30, 2023, Accumulated Other Comprehensive Income (Loss) on the Company's Unaudited Condensed Consolidated Statement of Financial Condition includes an accumulated Unrealized Gain (Loss) on Securities and Investments, net, and Foreign Currency Translation Adjustment Gain (Loss), net, of ($5,417) and ($14,975), respectively.