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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS (UNAUDITED) - USD ($)
$ in Thousands
Total
Total Lazard Ltd Stockholders’ Equity
Common Stock
Additional Paid-In- Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss), Net of Tax
Class A Common Stock Held By Subsidiaries
Noncontrolling Interests
Redeemable Noncontrolling Interests
Balance at the beginning (in shares) at Dec. 31, 2021     112,766,091       12,046,140    
Balance at the beginning at Dec. 31, 2021 $ 1,077,964 $ 975,220 $ 1,128 $ 144,729 $ 1,560,636 $ (223,847) $ (507,426) $ 102,744 $ 575,000
Comprehensive income (loss):                  
Net income (loss) 326,170 315,153     315,153     11,017 9,248
Other comprehensive income (loss) - net of tax (110,536) (110,535)       (110,535)   (1)  
Amortization of share-based incentive compensation 201,102 188,529   188,529       12,573  
Dividend equivalents (8,804) (730)   13,189 (13,919)     (8,074)  
Class A common stock dividends $ (138,914) (138,914)     (138,914)        
Purchase of Class A common stock (in shares) 17,249,880           17,249,880    
Purchase of Class A common stock $ (612,175) (612,175)         $ (612,175)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (4,869,445)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (54,653) (58,161)   (222,190) (40,558)   $ 204,587 3,508  
Distributions to noncontrolling interests, net (26,674) 0           (26,674)  
LFI Consolidated Funds 20,110 0           20,110  
Change in redemption value of redeemable noncontrolling interests 5,753 4,027   4,027       1,726 (5,753)
Other (in shares)             7,661    
Other (2,019) (1,778)   (1,538)     $ (240) (241)  
Balance at the end (in shares) at Sep. 30, 2022     112,766,091       24,434,236    
Balance at the end at Sep. 30, 2022 677,324 560,636 $ 1,128 126,746 1,682,398 (334,382) $ (915,254) 116,688 578,495
Balance at the beginning (in shares) at Jun. 30, 2022     112,766,091       18,240,059    
Balance at the beginning at Jun. 30, 2022 826,957 715,662 $ 1,128 71,918 1,628,182 (290,029) $ (695,537) 111,295 575,710
Comprehensive income (loss):                  
Net income (loss) 119,050 105,797     105,797     13,253 3,742
Other comprehensive income (loss) - net of tax (44,353) (44,353)       (44,353)   0  
Amortization of share-based incentive compensation 74,916 70,281   70,281       4,635  
Dividend equivalents (2,066) (243)   5,100 (5,343)     (1,823)  
Class A common stock dividends (46,238) (46,238)     (46,238)        
Purchase of Class A common stock (in shares)             6,650,998    
Purchase of Class A common stock (236,990) (236,990)         $ (236,990)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (464,482)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (2,172) (2,172)   (19,685)   $ 17,513 0  
Distributions to noncontrolling interests, net (17,420) 0           (17,420)  
LFI Consolidated Funds 6,702 0           6,702  
Change in redemption value of redeemable noncontrolling interests 957 670   670       287 (957)
Other (in shares)             7,661    
Other (2,019) (1,778)   (1,538)     $ (240) (241)  
Balance at the end (in shares) at Sep. 30, 2022     112,766,091       24,434,236    
Balance at the end at Sep. 30, 2022 677,324 560,636 $ 1,128 126,746 1,682,398 (334,382) $ (915,254) 116,688 578,495
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 (loss) (134,350) (139,046)     (139,046)     4,696 5,549
Other comprehensive income (loss) - net of tax 2,795 2,795       2,795   0  
Amortization of share-based incentive compensation 209,630 204,641   204,641       4,989  
Dividend equivalents (9,334) (698)   19,094 (19,792)     (8,636)  
Class A common stock dividends $ (129,367) (129,367)     (129,367)        
Purchase of Class A common stock (in shares) 2,782,662           2,782,662    
Purchase of Class A common stock $ (102,051) (102,051)         $ (102,051)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (4,203,791)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (53,670) (59,334)   (215,539)     $ 156,205 5,664  
Class A common stock issuable 1,775 1,775   1,775          
Delivery of Class A common stock (in shares)             (41,384)    
Delivery of Class A common stock 0 0   (1,533)     $ 1,533    
Distributions to noncontrolling interests, net (3,820) 0           (3,820)  
LFI Consolidated Funds (74,164) 0           (74,164) 78,063
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 Sep. 30, 2023     112,766,091       25,356,940    
Balance at the end at Sep. 30, 2023 419,561 361,318 $ 1,128 202,617 1,388,508 (293,059) $ (937,876) 58,243 81,781
Balance at the beginning (in shares) at Jun. 30, 2023     112,766,091       25,896,701    
Balance at the beginning at Jun. 30, 2023 415,885 359,978 $ 1,128 167,622 1,431,181 (281,886) $ (958,067) 55,907 83,583
Comprehensive income (loss):                  
Net income (loss) 10,025 7,139     7,139     2,886 (3,251)
Other comprehensive income (loss) - net of tax (11,172) (11,173)       (11,173)   1  
Amortization of share-based incentive compensation 58,362 57,058   57,058       1,304  
Dividend equivalents (2,153) (237)   6,133 (6,370)     (1,916)  
Class A common stock dividends (43,442) (43,442)     (43,442)        
Purchase of Class A common stock (in shares)             85,035    
Purchase of Class A common stock (2,954) (2,954)         $ (2,954)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (in shares)             (624,796)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax benefit (5,051) (5,051)   (28,196)     $ 23,145 0  
Contributions from noncontrolling interests, net 61 0           61  
LFI Consolidated Funds 0 0           0 1,449
Balance at the end (in shares) at Sep. 30, 2023     112,766,091       25,356,940    
Balance at the end at Sep. 30, 2023 $ 419,561 $ 361,318 $ 1,128 $ 202,617 $ 1,388,508 $ (293,059) $ (937,876) $ 58,243 $ 81,781