| Company's Basic and Diluted Net Income Per Share and Weighted Average Shares Outstanding |
The calculations of the Company’s basic and diluted net income per share and weighted average shares outstanding for the years ended December 31, 2016, 2015 and 2014 are presented below:
|
|
|
Year Ended December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Net income attributable to Lazard Ltd - basic |
|
$ |
387,698 |
|
|
$ |
986,373 |
|
|
$ |
427,277 |
|
|
Add - dilutive effect, as applicable, of:
Adjustments to net income relating to interest expense and
changes to net income attributable to noncontrolling interests
resulting from assumed Class A common stock issuances in
connection with share-based incentive compensation, and,
in 2014, exchangable interests, net of tax |
|
|
- |
|
|
|
- |
|
|
|
581 |
|
|
Net income attributable to Lazard Ltd - diluted |
|
$ |
387,698 |
|
|
$ |
986,373 |
|
|
$ |
427,858 |
|
|
Weighted average number of shares of Class A common stock
outstanding |
|
|
124,635,160 |
|
|
|
125,294,261 |
|
|
|
121,942,939 |
|
|
Add - adjustment for shares of Class A common stock issuable on
a non-contingent basis |
|
|
135,241 |
|
|
|
72,011 |
|
|
|
408,897 |
|
|
Weighted average number of shares of Class A common stock
outstanding - basic |
|
|
124,770,401 |
|
|
|
125,366,272 |
|
|
|
122,351,836 |
|
|
Add - dilutive effect, as applicable, of: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of incremental shares of Class A
common stock issuable from share-based incentive
compensation and in 2014, exchangable interests |
|
|
7,863,229 |
|
|
|
7,878,274 |
|
|
|
11,461,287 |
|
|
Weighted average number of shares of Class A common stock
outstanding - diluted |
|
|
132,633,630 |
|
|
|
133,244,546 |
|
|
|
133,813,123 |
|
|
Net income attributable to Lazard Ltd per share of Class A common stock: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
3.11 |
|
|
$ |
7.87 |
|
|
$ |
3.49 |
|
|
Diluted |
|
$ |
2.92 |
|
|
$ |
7.40 |
|
|
$ |
3.20 |
|
|