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Consolidated Statements of Changes in Stockholders' Equity and Redeemable Noncontrolling Interests - 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 (in shares) at Dec. 31, 2020     112,766,091 [1]       7,728,387    
Balance at the beginning at Dec. 31, 2020 $ 999,433 $ 911,772 $ 1,128 $ 135,439 $ 1,295,386 $ (238,368) $ (281,813) $ 87,661 $ 0
Comprehensive income (loss):                  
Net income (loss) 546,210 528,064     528,064     18,146 (3,665)
Other comprehensive income (loss) - net of tax 14,521 14,521       14,521      
Amortization of share-based incentive compensation 233,958 224,692   224,692       9,266  
Dividend equivalents (8,359) (1,435)   17,472 (18,907)     (6,924)  
Class A common stock dividends $ (195,944) (195,944)     (195,944)        
Purchase of Class A common stock (in shares) 9,124,295           9,124,295    
Purchase of Class A common stock $ (406,149) (406,149)         $ (406,149)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (in shares)             (3,788,494)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (69,552) (69,552)   (166,301) (47,902)   $ 144,651    
Business acquisitions and related equity transactions:                  
Delivery of Class A common stock (in shares)             (1,018,048)    
Delivery of Class A common stock 0 0   (35,885)     $ 35,885    
Dividend equivalents 0 0   61 (61)        
Distributions to noncontrolling interests, net (11,064)             (11,064)  
LFI Consolidated Funds 18,832             18,832  
Contribution from redeemable noncontrolling interests, net                 534,746
Change in redemption value of redeemable noncontrolling interests (43,919) (30,749)   (30,749)       (13,170) 43,919
Other (3)             (3)  
Balance (in shares) at Dec. 31, 2021     112,766,091 [1]       12,046,140    
Balance at the end 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) 378,471 357,517     357,517     20,954 14,012
Other comprehensive income (loss) - net of tax (72,007) (72,007)       (72,007)      
Amortization of share-based incentive compensation 240,641 227,177   227,177       13,464  
Dividend equivalents (10,872) (975)   18,026 (19,001)     (9,897)  
Class A common stock dividends $ (181,880) (181,880)     (181,880)        
Purchase of Class A common stock (in shares) 19,666,798           19,666,798    
Purchase of Class A common stock $ (691,705) (691,705)         $ (691,705)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (in shares)             (4,906,386)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (55,477) (58,985)   (224,383) (40,559)   $ 205,957 3,508  
Business acquisitions and related equity transactions:                  
Distributions to noncontrolling interests, net (31,537)             (31,537)  
LFI Consolidated Funds 18,279             18,279  
Change in redemption value of redeemable noncontrolling interests 5,541 3,879   3,879       1,662 (5,541)
Other (in shares)             (7,661)    
Other (2,019) (1,778)   (1,538)     $ (240) (241)  
Balance (in shares) at Dec. 31, 2022     112,766,091 [1]       26,814,213    
Balance at the end 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) (69,288) (75,479)     (75,479)     6,191 11,981
Other comprehensive income (loss) - net of tax 5,905 5,904       5,904   1  
Amortization of share-based incentive compensation 250,570 244,931   244,931       5,639  
Dividend equivalents (11,600) (908)   24,615 (25,523)     (10,692)  
Class A common stock dividends $ (173,075) (173,075)     (173,075)        
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 expense (benefit) (in shares)             (4,220,444)    
Delivery of Class A common stock in connection with share-based incentive compensation and related tax expense (benefit) (54,276) (59,940)   (216,762)     $ 156,822 5,664  
Business acquisitions and related equity transactions:                  
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 (3,725)           (3,725)  
LFI Consolidated Funds (74,164)           (74,164) 77,525
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 (748) (731)   (582)     $ (149) (17)  
Balance (in shares) at Dec. 31, 2023     112,766,091 [1]       25,340,287    
Balance at the end at Dec. 31, 2023 $ 482,187 $ 423,759 $ 1,128 $ 247,204 $ 1,402,636 $ (289,950) $ (937,259) $ 58,428 $ 87,675
[1] Includes 112,766,091 shares of the Company’s Class A common stock issued at December 31, 2023, 2022 and 2021.