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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 653,355 $ 1,234,773
Deposits with banks and short-term investments 319,382 779,246
Restricted cash 34,038 625,381
Receivables (net of allowance for credit losses of $21,081 and $17,738 at September 30, 2023 and December 31, 2022, respectively):    
Fees 505,976 491,861
Customers and other 126,157 160,897
Receivables 632,133 652,758
Investments 657,880 698,977
Property (net of accumulated amortization and depreciation of $405,811 and $395,109 at September 30, 2023 and December 31, 2022, respectively) 229,626 250,073
Operating lease right-of-use assets 413,172 431,608
Goodwill and other intangible assets (net of accumulated amortization of $70,184 and $70,118 at September 30, 2023 and December 31, 2022, respectively) 394,094 377,330
Deferred tax assets 507,952 407,657
Other assets 453,874 394,758
Total Assets 4,295,506 5,852,561
Liabilities:    
Deposits and other customer payables 462,841 921,834
Accrued compensation and benefits 496,711 735,576
Operating lease liabilities 492,036 513,688
Tax receivable agreement obligation 118,546 191,189
Senior debt 1,689,579 1,687,714
Deferred tax liabilities 5,383 3,920
Other liabilities 529,068 539,770
Total Liabilities 3,794,164 4,593,691
Commitments and contingencies
Redeemable noncontrolling interests 81,781 583,471
Common stock:    
Class A, par value $0.01 per share (500,000,000 shares authorized; 112,766,091 shares issued at September 30, 2023 and December 31, 2022, including shares held by subsidiaries as indicated below) 1,128 1,128
Additional paid-in-capital 202,617 167,890
Retained earnings 1,388,508 1,676,713
Accumulated other comprehensive loss, net of tax (293,059) (295,854)
Stockholders' equity subtotal before common stock held by subsidiaries and Noncontrolling interests, total 1,299,194 1,549,877
Class A common stock held by subsidiaries, at cost (25,356,940 and 26,814,213 shares at September 30, 2023 and December 31, 2022, respectively) (937,876) (993,414)
Total Lazard Ltd Stockholders’ Equity 361,318 556,463
Noncontrolling interests 58,243 118,936
Total Stockholders’ Equity 419,561 675,399
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity 4,295,506 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