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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUE        
Interest income $ 12,854 $ 10,946 $ 24,325 $ 23,553
Other 18,450 29,631 62,584 40,048
Total revenue 707,991 662,318 1,493,472 1,224,229
Interest expense 22,642 19,204 43,370 38,679
Net revenue 685,349 643,114 1,450,102 1,185,550
OPERATING EXPENSES        
Compensation and benefits 452,560 572,231 1,003,384 1,022,198
Occupancy and equipment 32,031 32,800 64,888 64,573
Marketing and business development 25,493 28,582 49,092 51,344
Technology and information services 46,406 51,370 91,323 95,410
Professional services 23,734 21,402 43,614 45,728
Fund administration and outsourced services 27,114 28,968 53,254 55,544
Amortization and other acquisition-related costs 68 95 136 143
Benefit pursuant to tax receivable agreement 0 0 0 (40,435)
Other 14,303 17,739 26,210 38,042
Total operating expenses 621,709 753,187 1,331,901 1,332,547
OPERATING INCOME (LOSS) 63,640 (110,073) 118,201 (146,997)
Provision (benefit) for income taxes 11,587 10,303 25,924 (11,422)
NET INCOME (LOSS) 52,053 (120,376) 92,277 (135,575)
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 2,144 3,637 6,613 10,610
NET INCOME (LOSS) ATTRIBUTABLE TO LAZARD $ 49,909 $ (124,013) $ 85,664 $ (146,185)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:        
Basic (in shares) 92,886,364 88,729,654 92,073,414 88,160,753
Diluted (in shares) 100,627,867 88,729,654 99,989,817 88,160,753
NET INCOME (LOSS) PER SHARE OF COMMON STOCK:        
Basic (in USD per share) $ 0.53 $ (1.41) $ 0.91 $ (1.68)
Diluted (in USD per share) $ 0.49 $ (1.41) $ 0.84 $ (1.68)
Investment banking and other advisory fees        
REVENUE        
Revenue $ 408,773 $ 350,104 $ 861,800 $ 627,512
Asset management fees        
REVENUE        
Revenue $ 267,914 $ 271,637 $ 544,763 $ 533,116