XML 93 R76.htm IDEA: XBRL DOCUMENT v3.23.1
Incentive Plans - Additional Information (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Apr. 29, 2021
Apr. 24, 2018
Mar. 31, 2023
Mar. 31, 2022
Lazard Fund Interests [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unrecognized compensation expense, years     1 year  
Non-Executive [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Percentage of annual compensation received by directors in the form of DSUs     55.00%  
RSUs [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Common stock conversion basis     one-for-one  
Grant date fair value, amortized periods     generally, one-third after two years and the remaining two-thirds after the third year  
Number of dividend participation rights issued     169,034  
Charges to retained earnings, net of estimated forfeitures     $ 6,190  
Weighted-average grant date fair value of awards granted     $ 37.44 $ 33.09
Unrecognized compensation expense     $ 223,576  
Unrecognized compensation expense, years     1 year  
DSUs [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Weighted-average grant date fair value of awards granted     $ 37.85 37.95
DSUs [Member] | Non-Executive [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Units granted under the directors deferred unit plan     4,774  
RSAs [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Weighted-average grant date fair value of awards granted     $ 37.75 33.17
Unrecognized compensation expense     $ 34,585  
Unrecognized compensation expense, years     1 year  
Dividend participation rights     25,258  
Charges to retained earnings, net of estimated forfeitures     $ 929  
PRSUs [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Weighted-average grant date fair value of awards granted       35.44
Unrecognized compensation expense     $ 2,884  
Unrecognized compensation expense, years     8 months 12 days  
Descriptions of vesting period     PRSUs will vest on a single date approximately three years following the date of the grant  
Vesting period     3 years  
PRSUs target share distribution for Class A common stock, description     The target number of shares of common stock subject to each PRSU is one; however, based on the achievement of both the performance-based and market-based criteria, the number of shares of common stock that may be received will range from zero to 2.4 times the target number.  
Profits Interest Participation Rights [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Common stock conversion basis     one-for-one  
Weighted-average grant date fair value of awards granted     $ 35.94 $ 34.53
Unrecognized compensation expense     $ 52,715  
Unrecognized compensation expense, years     9 months 18 days  
Descriptions of vesting period     Profits interest participation rights generally provide for vesting approximately three years following the grant date  
Vesting period     3 years  
PRSUs target share distribution for Class A common stock, description     The target number of shares of common stock subject to each PRPU is one. Based on the achievement of performance criteria, as determined by the Compensation Committee, the number of shares of common stock that may be received in connection with the PRPU awards granted prior to February 2021 will range from zero to two times the target number. For the PRPU awards granted beginning in February 2021, subject to both performance-based and incremental market-based criteria, the number of shares that may be received will range from zero to 2.4 times the target number.  
Percentage of target number of shares subject to the applicable units no longer subject to forfeiture due to threshold level of performance being achieved     25.00%  
Common Stock [Member] | RSUs [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Withholding taxes in lieu of share delivery     1,094,533  
Delivery of common stock associated with stock awards     1,659,083  
Common Stock [Member] | RSAs [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Withholding taxes in lieu of share delivery     113,753  
Delivery of common stock associated with stock awards     183,389  
Common Stock [Member] | 2018 Equity Incentive Plan [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Shares authorized pertaining to share based compensation arrangements   30,000,000    
Share-based compensation arrangement by share-based payment award, number of additional shares authorized 20,000,000      
Common Stock [Member] | Awarded Under 2008 Plan [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Percentage of outstanding Class A common stock available under the plan   30.00%    
Compensation plan expiration period   Apr. 24, 2018    
Common Stock [Member] | 2005 Equity Incentive Plan [Member]        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Shares authorized pertaining to share based compensation arrangements     25,000,000