XML 24 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-In-Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Member]
Class A Common Stock Held By Subsidiaries [Member]
Total Lazard Ltd Stockholders' Equity [Member]
Noncontrolling Interests [Member]
Series A Preferred Stock [Member]
Balance at Dec. 31, 2012 $ 651,540 $ 1,282 $ 846,050 $ 182,647 $ (110,541) $ (349,782) $ 569,656 $ 81,884  
Balance (in shares) at Dec. 31, 2012   128,216,424 [1]       12,802,938     7,921
Comprehensive income (loss):                  
NET INCOME 165,114     160,212     160,212 4,902  
Other comprehensive loss - net of tax (21,929)       (21,796)   (21,796) (133)  
Amortization of share-based incentive compensation 235,898   234,608       234,608 1,290  
Dividend-equivalents (290)   16,927 (17,215)     (288) (2)  
Class A common stock dividends (121,620)     (121,620)     (121,620)    
Purchase of Class A common stock (132,477)         $ (132,477) (132,477)    
Purchase of Class A common stock (in shares)           3,488,101      
Delivery of Class A common stock in connection with shared-based incentive compensation and related tax benefit (132,493)   (357,858) (609)   $ 225,974 (132,493)    
Delivery of Class A common stock in connection with shared-based incentive compensation and related tax benefit (in shares)           (7,745,699)      
Class A common stock issued in exchange for Lazard Group common membership interests   $ 9 (9)            
Class A common stock issued in exchange for Lazard Group common membership interests (in shares) [1]   839,658              
Business acquisitions and related equity transactions:                  
Class A common stock issuable (including related amortization) 790   786       786 4  
Delivery of Class A common stock     (6,893) (179)   $ 7,072      
Delivery of Class A common stock (in shares)           (228,275)      
Distributions to noncontrolling interests, net (13,535)             (13,535)  
Adjustments related to noncontrolling interests (1,000)   4,288   (667)   3,621 (4,621)  
Balance at Dec. 31, 2013 629,998 $ 1,291 737,899 203,236 (133,004) $ (249,213) 560,209 69,789  
Balance (in shares) at Dec. 31, 2013   129,056,082 [1]       8,317,065     7,921
Comprehensive income (loss):                  
NET INCOME 434,063     427,277     427,277 6,786  
Other comprehensive loss - net of tax (67,205)       (67,204)   (67,204) (1)  
Amortization of share-based incentive compensation 206,195   206,195       206,195    
Dividend-equivalents (2,081)   17,536 (19,617)     (2,081)    
Class A common stock dividends (146,241)     (146,241)     (146,241)    
Purchase of Class A common stock (192,657)         $ (192,657) (192,657)    
Purchase of Class A common stock (in shares)           4,114,206      
Delivery of Class A common stock in connection with shared-based incentive compensation and related tax benefit (80,659)   (258,798)     $ 178,139 (80,659)    
Delivery of Class A common stock in connection with shared-based incentive compensation and related tax benefit (in shares)           (4,923,252)      
Class A common stock issued in exchange for Lazard Group common membership interests   $ 7 (7)            
Class A common stock issued in exchange for Lazard Group common membership interests (in shares) [1]   710,009              
Business acquisitions and related equity transactions:                  
Class A common stock issuable (including related amortization) 570   570       570    
Delivery of Class A common stock     (2,488)     $ 2,488      
Delivery of Class A common stock (in shares)           (57,274)      
Distributions to noncontrolling interests, net (11,926)             (11,926)  
Adjustments related to noncontrolling interests     1,893   (558)   1,335 (1,335)  
Balance at Dec. 31, 2014 770,057 $ 1,298 702,800 464,655 (200,766) $ (261,243) 706,744 63,313  
Balance (in shares) at Dec. 31, 2014   129,766,091 [1]       7,450,745     7,921
Comprehensive income (loss):                  
NET INCOME 992,932     986,373     986,373 6,559  
Other comprehensive loss - net of tax (33,590)       (33,590)   (33,590)    
Amortization of share-based incentive compensation 226,723   226,723       226,723    
Dividend-equivalents (2,361)   34,255 (36,616)     (2,361)    
Class A common stock dividends (290,684)     (290,684)     (290,684)    
Purchase of Class A common stock (172,772)         $ (172,772) (172,772)    
Purchase of Class A common stock (in shares)           3,438,789      
Delivery of Class A common stock in connection with shared-based incentive compensation and related tax benefit (106,978)   (362,417)     $ 255,439 (106,978)    
Delivery of Class A common stock in connection with shared-based incentive compensation and related tax benefit (in shares)           (6,608,837)      
Business acquisitions and related equity transactions:                  
Delivery of Class A common stock     (1,327)     $ 1,327      
Delivery of Class A common stock (in shares)           (27,316)      
Distributions to noncontrolling interests, net (16,021)             (16,021)  
Balance at Dec. 31, 2015 $ 1,367,306 $ 1,298 $ 600,034 $ 1,123,728 $ (234,356) $ (177,249) $ 1,313,455 $ 53,851  
Balance (in shares) at Dec. 31, 2015   129,766,091       4,253,381     7,921
[1] Includes 129,056,081, 129,766,091 and 129,766,091 shares of the Company's Class A common stock issued at December 31, 2013, 2014 and 2015, respectively, and 1 share of the Company's Class B common stock issued at December 31, 2013.