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NET INCOME (LOSS) PER SHARE OF COMMON STOCK (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Company's Basic and Diluted Net Income Per Share and Weighted Average Shares Outstanding | The Company’s basic and diluted net income (loss) per share calculations using the “two-class” method for the three month and nine month periods ended September 30, 2024 and 2023 are presented below:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2024 |  | 2023 |  | 2024 |  | 2023 |  |  |  |
Net income (loss) attributable to Lazard | $ | 107,938 |  |  | $ | 7,139 |  |  | $ | 193,602 |  |  | $ | (139,046) |  |  |  |  |
Adjustment for earnings attributable to participating securities | (2,579) |  |  | (1,029) |  |  | (4,732) |  |  | (2,917) |  |  |  |  |
Net income (loss) attributable to Lazard - basic | 105,359 |  |  | 6,110 |  |  | 188,870 |  |  | (141,963) |  |  |  |  |
Adjustment for earnings attributable to participating securities | 463 |  |  | – |  |  | 864 |  |  | – |  |  |  |  |
Net income (loss) attributable to Lazard - diluted | $ | 105,822 |  |  | $ | 6,110 |  |  | $ | 189,734 |  |  | $ | (141,963) |  |  |  |  |
Weighted average number of shares of common stock outstanding | 90,276,294 |  | 87,067,104 |  | 89,665,458 |  | 86,529,833 |  |  |  |
Weighted average number of shares of common stock issuable on a non-contingent basis | 3,351,182 |  | 2,358,796 |  | 2,925,977 |  | 2,052,635 |  |  |  |
Weighted average number of shares of common stock outstanding - basic | 93,627,476 |  | 89,425,900 |  | 92,591,435 |  | 88,582,468 |  |  |  |
Weighted average number of incremental shares of common stock issuable from share-based incentive compensation (a) | 9,847,758 |  | 4,883,324 |  | 8,560,189 |  | – |  |  |  |
Weighted average number of shares of common stock outstanding - diluted | 103,475,234 |  |  | 94,309,224 |  |  | 101,151,624 |  |  | 88,582,468 |  |  |  |  |
Net income (loss) attributable to Lazard per share of common stock: |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 1.13 |  |  | $ | 0.07 |  |  | $ | 2.04 |  |  | $ | (1.60) |  |  |  |  |
Diluted | $ | 1.02 |  |  | $ | 0.06 |  |  | $ | 1.88 |  |  | $ | (1.60) |  |  |  |  |
___________________________________ (a)The aggregate weighted average number of incremental shares of common stock issuable from PIPRs for the three month and nine month periods ended September 30, 2024 of 1,229,021 and 1,541,854, respectively, and from RSUs, PRSUs and PIPRs for the nine month period ended September 30, 2023 of 4,785,903, that could be potentially dilutive in future periods, have been excluded from the computation of diluted net income (loss) per share as the effect would be antidilutive in the respective periods.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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