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Net Income Per Share of Class A Common Stock (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Company's Basic and Diluted Net Income Per Share and Weighted Average Shares Outstanding

The calculations of the Company’s basic and diluted net income per share and weighted average shares outstanding for the three month and six month periods ended June 30, 2018 and 2017 are presented below:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net income attributable to Lazard Ltd - basic

 

$

146,963

 

 

$

120,378

 

 

$

306,655

 

 

$

227,931

 

Net income attributable to Lazard Ltd - diluted

 

$

146,963

 

 

$

120,378

 

 

$

306,655

 

 

$

227,931

 

Weighted average number of shares of Class A common

   stock outstanding

 

 

120,049,627

 

 

 

122,085,842

 

 

 

119,872,688

 

 

 

122,308,531

 

Add - adjustment for shares of Class A common stock

   issuable on a non-contingent basis

 

 

256,630

 

 

 

282,308

 

 

 

245,494

 

 

 

283,125

 

Weighted average number of shares of Class A common

   stock outstanding - basic

 

 

120,306,257

 

 

 

122,368,150

 

 

 

120,118,182

 

 

 

122,591,656

 

Add - dilutive effect, as applicable, of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of incremental shares of Class A

   common stock issuable from share-based

   incentive compensation

 

 

9,942,797

 

 

 

9,771,466

 

 

 

11,077,543

 

 

 

9,822,840

 

Weighted average number of shares of Class A common stock

   outstanding - diluted

 

 

130,249,054

 

 

 

132,139,616

 

 

 

131,195,725

 

 

 

132,414,496

 

Net income attributable to Lazard Ltd per share of Class

   A common stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.22

 

 

$

0.98

 

 

$

2.55

 

 

$

1.86

 

Diluted

 

$

1.13

 

 

$

0.91

 

 

$

2.34

 

 

$

1.72