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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE      
Investment banking and other advisory fees $ 1,385,536 $ 1,298,364 $ 1,276,096
Asset management fees 1,195,550 998,887 1,036,821
Interest income 7,144 5,233 5,286
Other 109,599 81,179 86,564
Total revenue 2,697,829 2,383,663 2,404,767
Interest expense 53,518 50,292 51,159
Net revenue 2,644,311 2,333,371 2,353,608
OPERATING EXPENSES      
Compensation and benefits 1,512,873 1,340,543 1,319,746
Occupancy and equipment 124,842 109,305 109,867
Marketing and business development 89,205 83,202 81,541
Technology and information services 121,671 97,461 95,528
Professional services 47,932 45,512 49,529
Fund administration and outsourced services 71,305 63,421 61,363
Amortization and other acquisition-related costs 9,514 35,247 5,821
Provision (benefit) pursuant to tax receivable agreement (202,546)   547,691
Other 44,069 41,219 99,142
Total operating expenses 1,818,865 1,815,910 2,370,228
OPERATING INCOME (LOSS) 825,446 517,461 (16,620)
Provision (benefit) for income taxes 565,599 123,769 (1,009,552)
NET INCOME 259,847 393,692 992,932
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 6,264 5,994 6,559
NET INCOME ATTRIBUTABLE TO LAZARD LTD $ 253,583 $ 387,698 $ 986,373
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:      
Basic 121,573,442 124,770,401 125,366,272
Diluted 132,479,728 132,633,630 133,244,546
NET INCOME PER SHARE OF COMMON STOCK:      
Basic $ 2.09 $ 3.11 $ 7.87
Diluted 1.91 2.92 7.40
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 2.81 $ 2.69 $ 2.35