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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 847,555 $ 971,316
Deposits with banks and short-term investments 203,809 219,576
Restricted cash 33,089 34,091
Receivables (net of allowance for credit losses of $29,686 and $28,503 at June 30, 2024 and December 31, 2023, respectively):    
Fees 554,596 560,552
Customers and other 170,892 201,767
Receivables 725,488 762,319
Investments 687,507 701,964
Property (net of accumulated amortization and depreciation of $424,128 and $414,547 at June 30, 2024 and December 31, 2023, respectively, including $70,002 and $72,921 of property held for sale at June 30, 2024 and December 31, 2023, respectively) 220,663 232,516
Operating lease right-of-use assets 451,707 407,213
Goodwill and other intangible assets (net of accumulated amortization of $67,711 and $67,681 at June 30, 2024 and December 31, 2023, respectively) 393,967 394,928
Deferred tax assets 507,572 497,340
Other assets 455,837 414,518
Total Assets 4,527,194 4,635,781
Liabilities:    
Deposits and other customer payables 382,115 443,262
Accrued compensation and benefits 550,189 781,375
Operating lease liabilities 522,864 485,191
Tax receivable agreement obligation 84,137 115,087
Senior debt 1,852,149 1,690,200
Deferred tax liabilities 3,944 3,857
Other liabilities 536,675 546,947
Total Liabilities 3,932,073 4,065,919
Commitments and contingencies
Redeemable noncontrolling interests 80,931 87,675
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $.01 per share; 15,000,000 shares authorized; no shares issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock:    
Par value $0.01 per share (500,000,000 shares authorized; 112,766,091 shares issued at June 30, 2024 and December 31, 2023, including shares held by subsidiaries) 1,128 1,128
Additional paid-in-capital 218,455 247,204
Retained earnings 1,382,703 1,402,636
Accumulated other comprehensive loss, net of tax (306,293) (289,950)
Stockholders' equity subtotal before common stock held by subsidiaries and Noncontrolling interests, total 1,295,993 1,361,018
Common stock held by subsidiaries, at cost (22,596,555 and 25,340,287 shares at June 30, 2024 and December 31, 2023, respectively) (837,338) (937,259)
Total Lazard Stockholders’ Equity 458,655 423,759
Noncontrolling interests 55,535 58,428
Total Stockholders’ Equity 514,190 482,187
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity $ 4,527,194 $ 4,635,781