Net Income Per Share of Common Stock (Tables)

6 Months Ended

Jun. 30, 2020

Company's Basic and Diluted Net Income Per Share and Weighted Average Shares Outstanding

The Company’s basic and diluted net income per share calculations using the “two-class” method for the three month and six month periods ended June 30, 2020 and 2019 are presented below:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
Net income attributable to Lazard Ltd	$	73,458		$	65,777		$	137,480		$	162,819
Add - adjustment for earnings attributable to participating securities		(1,349	)		(1,604	)		(2,362	)		(1,604	)
Net income attributable to Lazard Ltd - basic		72,109			64,173			135,118			161,215
Add - adjustment for earnings attributable to participating securities		1,170			5			2,183			5
Net income attributable to Lazard Ltd - diluted	$	73,279		$	64,178		$	137,301		$	161,220
Weighted average number of shares of Class A common stock outstanding		104,732,667			110,076,582			104,597,422			110,847,112
Add - adjustment for shares of common stock issuable on a non-contingent basis		1,929,397			1,904,622			1,885,591			1,115,617
Weighted average number of shares of common stock outstanding - basic		106,662,064			111,981,204			106,483,013			111,962,729
Add - dilutive effect, as applicable, of:
Weighted average number of incremental shares of common stock issuable from share-based incentive compensation		4,825,685			4,194,145			6,320,951			6,534,988
Weighted average number of shares of common stock outstanding - diluted		111,487,749			116,175,349			112,803,964			118,497,717
Net income attributable to Lazard Ltd per share of common stock:
Basic	$	0.68		$	0.57		$	1.27		$	1.44
Diluted	$	0.66		$	0.55		$	1.22		$	1.36