XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statement of Changes in Stockholders' Equity and Redeemable Noncontrolling Interest - 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]
Redeemable Noncontrolling Interests [Member]
Balance at Dec. 31, 2020 $ 999,433 $ 1,128 $ 135,439 $ 1,295,386 $ (238,368) $ (281,813) $ 911,772 $ 87,661  
Balance (in shares) at Dec. 31, 2020   112,766,091       7,728,387      
Comprehensive income (loss):                  
Net income 90,826     87,300     87,300 3,526  
Other comprehensive income (loss) - net of tax (17,342)       (17,343)   (17,343) 1  
Amortization of share-based incentive compensation 68,191   65,906       65,906 2,285  
Dividend equivalents (2,253)   5,859 (6,381)     (522) (1,731)  
Class A common stock dividends (49,441)     (49,441)     (49,441)    
Purchase of Class A common stock $ (122,652)         $ (122,652) (122,652)    
Purchase of Class A common stock (in shares) 2,899,541         2,899,541      
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) $ (65,893)   (132,822) (47,902)   $ 114,831 (65,893)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (in shares)           (3,054,052)      
Business acquisitions and related equity transactions:                  
Delivery of Class A common stock     (30,315)     $ 30,315      
Delivery of Class A common stock (in shares)           (898,607)      
Dividend equivalents     55 (55)          
Distributions to noncontrolling interests, net (1,020)             (1,020)  
LFI Consolidated Funds 7,775             7,775  
Contribution from redeemable noncontrolling interests, net                 $ 534,075
Change in redemption value of redeemable noncontrolling interests (40,925)   (44,122)       (44,122) 3,197 40,925
Balance at Mar. 31, 2021 866,699 $ 1,128   1,278,907 (255,711) $ (259,319) 765,005 101,694 575,000
Balance (in shares) at Mar. 31, 2021   112,766,091       6,675,269      
Balance at Dec. 31, 2021 1,077,964 $ 1,128 144,729 1,560,636 (223,847) $ (507,426) 975,220 102,744 575,000
Balance (in shares) at Dec. 31, 2021   112,766,091       12,046,140      
Comprehensive income (loss):                  
Net income 118,315     113,876     113,876 4,439 2,660
Other comprehensive income (loss) - net of tax (13,780)       (13,779)   (13,779) (1)  
Amortization of share-based incentive compensation 53,437   50,766       50,766 2,671  
Dividend equivalents (4,908)   4,003 (4,284)     (281) (4,627)  
Class A common stock dividends (46,664)     (46,664)     (46,664)    
Purchase of Class A common stock $ (175,797)         $ (175,797) (175,797)    
Purchase of Class A common stock (in shares) 4,717,821         4,717,821      
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) $ (51,868)   (201,360) (40,559)   $ 186,542 (55,377) 3,509  
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (in shares)           (4,392,813)      
Business acquisitions and related equity transactions:                  
Distributions to noncontrolling interests, net (4,283)             (4,283)  
LFI Consolidated Funds 14,552             14,552  
Change in redemption value of redeemable noncontrolling interests 2,660   $ 1,862       1,862 798 (2,660)
Balance at Mar. 31, 2022 $ 969,628 $ 1,128   $ 1,583,005 $ (237,626) $ (496,681) $ 849,826 $ 119,802 $ 575,000
Balance (in shares) at Mar. 31, 2022   112,766,091       12,371,148