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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS (UNAUDITED) - USD ($)
$ in Thousands
Total
Total Lazard Stockholders’ Equity
Common Stock
Additional Paid-In- Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss), Net of Tax
Common Stock Held By Subsidiaries
Noncontrolling Interests
Redeemable Noncontrolling Interests
Balance at the beginning (in shares) at Dec. 31, 2022     112,766,091       26,814,213    
Balance at the beginning at Dec. 31, 2022 $ 675,399 $ 556,463 $ 1,128 $ 167,890 $ 1,676,713 $ (295,854) $ (993,414) $ 118,936 $ 583,471
Comprehensive income (loss):                  
Net income (144,375) (146,185)     (146,185)     1,810 8,800
Other comprehensive income (loss) - net of tax 13,967 13,968       13,968   (1)  
Amortization of share-based incentive compensation 151,268 147,583   147,583       3,685  
Dividend equivalents (7,181) (461)   12,961 (13,422)     (6,720)  
Common stock dividends $ (85,925) (85,925)     (85,925)        
Purchase of common stock (in shares) 2,697,627           2,697,627    
Purchase of common stock $ (99,097) (99,097)         $ (99,097)    
Delivery of common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (3,578,995)    
Delivery of common stock in connection with share-based incentive compensation and related tax expense (benefit) (48,619) (54,283)   (187,343)     $ 133,060 5,664  
Business acquisitions and related equity transactions: Common stock issuable 1,775 1,775   1,775          
Delivery of common stock (in shares)             (41,384)    
Delivery of common stock 0 0   (1,533)     $ 1,533    
Distributions to noncontrolling interests, net (3,881) 0           (3,881)  
LFI Consolidated Funds (74,164) 0           (74,164) 76,614
Change in redemption value of redeemable noncontrolling interests (589) (412)   (412)       (177) 589
Distribution to redeemable noncontrolling interests                 (585,891)
Reversal to net loss of amounts previously charged to additional paid-in-capital and noncontrolling interests 17,929 13,195   13,195       4,734  
Reversal of deferred offering costs liability 20,125 14,087   14,087       6,038  
Other (in shares)             5,240    
Other (747) (730)   (581)     $ (149) (17)  
Balance at the end (in shares) at Jun. 30, 2023     112,766,091       25,896,701    
Balance at the end at Jun. 30, 2023 415,885 359,978 $ 1,128 167,622 1,431,181 (281,886) $ (958,067) 55,907 83,583
Balance at the beginning (in shares) at Mar. 31, 2023     112,766,091       26,100,898    
Balance at the beginning at Mar. 31, 2023 508,409 451,426 $ 1,128 94,312 1,604,650 (282,957) $ (965,707) 56,983 89,472
Comprehensive income (loss):                  
Net income (122,979) (124,013)     (124,013)     1,034 2,603
Other comprehensive income (loss) - net of tax 1,069 1,071       1,071   (2)  
Amortization of share-based incentive compensation 80,734 79,072   79,072       1,662  
Dividend equivalents (2,094) (213)   5,842 (6,055)     (1,881)  
Common stock dividends (43,401) (43,401)     (43,401)        
Purchase of common stock (in shares)             5,466    
Purchase of common stock (172) (172)         $ (172)    
Delivery of common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (214,903)    
Delivery of common stock in connection with share-based incentive compensation and related tax expense (benefit) (3,062) (3,062)   (11,023)     $ 7,961    
Distributions to noncontrolling interests, net (1,889) 0           (1,889)  
LFI Consolidated Funds                 (8,492)
Other (in shares)             5,240    
Other (730) (730)   (581)     $ (149)    
Balance at the end (in shares) at Jun. 30, 2023     112,766,091       25,896,701    
Balance at the end at Jun. 30, 2023 415,885 359,978 $ 1,128 167,622 1,431,181 (281,886) $ (958,067) 55,907 83,583
Balance at the beginning (in shares) at Dec. 31, 2023     112,766,091       25,340,287    
Balance at the beginning at Dec. 31, 2023 482,187 423,759 $ 1,128 247,204 1,402,636 (289,950) $ (937,259) 58,428 87,675
Comprehensive income (loss):                  
Net income 89,199 85,664     85,664     3,535 3,078
Other comprehensive income (loss) - net of tax (16,343) (16,343)       (16,343)      
Amortization of share-based incentive compensation 159,545 158,211   158,211       1,334  
Dividend equivalents (7,833) (603)   16,263 (16,866)     (7,230)  
Common stock dividends $ (88,731) (88,731)     (88,731)        
Purchase of common stock (in shares) 1,055,913           1,055,913    
Purchase of common stock $ (40,816) (40,816)         $ (40,816)    
Delivery of common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (3,799,789)    
Delivery of common stock in connection with share-based incentive compensation and related tax expense (benefit) (62,474) (63,715)   (204,458)     $ 140,743 1,241  
Business acquisitions and related equity transactions: Common stock issuable 1,235 1,235   1,235          
Distributions to noncontrolling interests, net (1,773) 0           (1,773)  
LFI Consolidated Funds                 (9,822)
Other (in shares)             144    
Other (6) (6)         $ (6)    
Balance at the end (in shares) at Jun. 30, 2024     112,766,091       22,596,555    
Balance at the end at Jun. 30, 2024 514,190 458,655 $ 1,128 218,455 1,382,703 (306,293) $ (837,338) 55,535 80,931
Balance at the beginning (in shares) at Mar. 31, 2024     112,766,091       22,248,005    
Balance at the beginning at Mar. 31, 2024 448,531 392,714 $ 1,128 134,573 1,384,829 (303,995) $ (823,821) 55,817 88,475
Comprehensive income (loss):                  
Net income 51,592 49,909     49,909     1,683 461
Other comprehensive income (loss) - net of tax (2,298) (2,298)       (2,298)      
Amortization of share-based incentive compensation 89,347 88,438   88,438       909  
Dividend equivalents (2,306) (197)   6,822 (7,019)     (2,109)  
Common stock dividends (45,016) (45,016)     (45,016)        
Purchase of common stock (in shares)             491,221    
Purchase of common stock (18,811) (18,811)         $ (18,811)    
Delivery of common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (142,815)    
Delivery of common stock in connection with share-based incentive compensation and related tax expense (benefit) (6,078) (6,078)   (11,378)     $ 5,300    
Distributions to noncontrolling interests, net (765)             (765)  
LFI Consolidated Funds                 (8,005)
Other (in shares)             144    
Other (6) (6)         $ (6)    
Balance at the end (in shares) at Jun. 30, 2024     112,766,091       22,596,555    
Balance at the end at Jun. 30, 2024 $ 514,190 $ 458,655 $ 1,128 $ 218,455 $ 1,382,703 $ (306,293) $ (837,338) $ 55,535 $ 80,931