| 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 three month and nine month periods ended September 30, 2018 and 2017 are presented below:
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
|
September 30, |
|
|
September 30, |
|
|
|
|
2018 |
|
|
2017 |
|
|
2018 |
|
|
2017 |
|
|
Net income attributable to Lazard Ltd - basic |
|
$ |
107,074 |
|
|
$ |
109,210 |
|
|
$ |
413,729 |
|
|
$ |
337,141 |
|
|
Net income attributable to Lazard Ltd - diluted |
|
$ |
107,074 |
|
|
$ |
109,210 |
|
|
$ |
413,729 |
|
|
$ |
337,141 |
|
|
Weighted average number of shares of Class A common
stock outstanding |
|
|
119,197,949 |
|
|
|
120,987,607 |
|
|
|
119,647,775 |
|
|
|
121,868,223 |
|
|
Add - adjustment for shares of Class A common stock
issuable on a non-contingent basis |
|
|
258,567 |
|
|
|
255,991 |
|
|
|
249,851 |
|
|
|
274,080 |
|
|
Weighted average number of shares of Class A common
stock outstanding - basic |
|
|
119,456,516 |
|
|
|
121,243,598 |
|
|
|
119,897,626 |
|
|
|
122,142,303 |
|
|
Add - dilutive effect, as applicable, of: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of incremental shares of Class A
common stock issuable from share-based
incentive compensation |
|
|
10,403,212 |
|
|
|
11,150,066 |
|
|
|
10,852,766 |
|
|
|
10,265,248 |
|
|
Weighted average number of shares of Class A common stock
outstanding - diluted |
|
|
129,859,728 |
|
|
|
132,393,664 |
|
|
|
130,750,392 |
|
|
|
132,407,551 |
|
|
Net income attributable to Lazard Ltd per share of Class
A common stock: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
0.90 |
|
|
$ |
0.90 |
|
|
$ |
3.45 |
|
|
$ |
2.76 |
|
|
Diluted |
|
$ |
0.82 |
|
|
$ |
0.82 |
|
|
$ |
3.16 |
|
|
$ |
2.55 |
|
|