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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 697,756 $ 1,234,773
Deposits with banks and short-term investments 446,777 779,246
Restricted cash 35,368 625,381
Receivables (net of allowance for credit losses of $27,095 and $17,738 at June 30, 2023 and December 31, 2022, respectively):    
Fees 528,101 491,861
Customers and other 146,457 160,897
Receivables 674,558 652,758
Investments 690,199 698,977
Property (net of accumulated amortization and depreciation of $403,947 and $395,109 at June 30, 2023 and December 31, 2022, respectively) 236,717 250,073
Operating lease right-of-use assets 426,427 431,608
Goodwill and other intangible assets (net of accumulated amortization of $70,200 and $70,118 at June 30, 2023 and December 31, 2022, respectively) 394,682 377,330
Deferred tax assets 524,053 407,657
Other assets 476,400 394,758
Total Assets 4,602,937 5,852,561
Liabilities:    
Deposits and other customer payables 587,838 921,834
Accrued compensation and benefits 601,689 735,576
Operating lease liabilities 507,157 513,688
Tax receivable agreement obligation 118,546 191,189
Senior debt 1,688,957 1,687,714
Deferred tax liabilities 6,581 3,920
Other liabilities 592,701 539,770
Total Liabilities 4,103,469 4,593,691
Commitments and contingencies
Redeemable noncontrolling interests 83,583 583,471
Common stock:    
Class A, par value $0.01 per share (500,000,000 shares authorized; 112,766,091 shares issued at June 30, 2023 and December 31, 2022, including shares held by subsidiaries as indicated below) 1,128 1,128
Additional paid-in-capital 167,622 167,890
Retained earnings 1,431,181 1,676,713
Accumulated other comprehensive loss, net of tax (281,886) (295,854)
Stockholders' equity subtotal before common stock held by subsidiaries and Noncontrolling interests, total 1,318,045 1,549,877
Class A common stock held by subsidiaries, at cost (25,896,701 and 26,814,213 shares at June 30, 2023 and December 31, 2022, respectively) (958,067) (993,414)
Total Lazard Ltd Stockholders’ Equity 359,978 556,463
Noncontrolling interests 55,907 118,936
Total Stockholders’ Equity 415,885 675,399
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity 4,602,937 5,852,561
Series A Preferred Stock    
Preferred stock, par value $.01 per share; 15,000,000 shares authorized:    
Series A and B - no shares issued and outstanding 0 0
Series B Preferred Stock    
Preferred stock, par value $.01 per share; 15,000,000 shares authorized:    
Series A and B - no shares issued and outstanding $ 0 $ 0