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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUE        
Interest income $ 3,029 $ 1,630 $ 7,877 $ 4,893
Total revenue 640,800 638,131 2,180,533 2,005,497
Interest expense 14,319 13,272 41,416 39,994
Net revenue 626,481 624,859 2,139,117 1,965,503
OPERATING EXPENSES        
Amortization and other acquisition-related (benefits) costs (5,851) 172 (13,468) 5,003
Other 14,453 9,031 51,032 30,639
Total operating expenses 487,800 480,647 1,614,668 1,498,593
OPERATING INCOME 138,681 144,212 524,449 466,910
Provision for income taxes 29,956 32,742 105,684 124,109
NET INCOME 108,725 111,470 418,765 342,801
LESS - NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,651 2,260 5,036 5,660
NET INCOME ATTRIBUTABLE TO LAZARD LTD $ 107,074 $ 109,210 $ 413,729 $ 337,141
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:        
Basic 119,456,516 121,243,598 119,897,626 122,142,303
Diluted 129,859,728 132,393,664 130,750,392 132,407,551
NET INCOME PER SHARE OF COMMON STOCK:        
Basic $ 0.90 $ 0.90 $ 3.45 $ 2.76
Diluted 0.82 0.82 3.16 2.55
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 0.44 $ 0.41 $ 2.59 $ 2.40
Investment Banking and Other Advisory Fees [Member]        
REVENUE        
Revenue $ 309,690 $ 305,530 $ 1,139,860 $ 1,050,721
Asset Management Fees [Member]        
REVENUE        
Revenue 312,790 301,719 986,777 868,522
Other [Member]        
REVENUE        
Revenue 15,291 29,252 46,019 81,361
Compensation and Benefits [Member]        
OPERATING EXPENSES        
Operating expenses 343,987 361,787 1,165,193 1,138,200
Occupancy and Equipment [Member]        
OPERATING EXPENSES        
Operating expenses 28,848 29,156 88,326 87,468
Marketing and Business Development [Member]        
OPERATING EXPENSES        
Operating expenses 21,868 19,798 75,755 63,577
Technology and Information Services [Member]        
OPERATING EXPENSES        
Operating expenses 36,394 31,373 102,173 87,429
Professional Services [Member]        
OPERATING EXPENSES        
Operating expenses 13,353 11,005 42,498 33,701
Fund Administration and Outsourced Services [Member]        
OPERATING EXPENSES        
Operating expenses $ 34,748 $ 18,325 $ 103,159 $ 52,576