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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 1,165,718 $ 971,316
Deposits with banks and short-term investments 313,023 219,576
Restricted cash 34,998 34,091
Receivables (net of allowance for credit losses of $27,239 and $28,503 at September 30, 2024 and December 31, 2023, respectively):    
Fees 529,322 560,552
Customers and other 152,705 201,767
Receivables 682,027 762,319
Investments 688,411 701,964
Property (net of accumulated amortization and depreciation of $332,911 and $414,547 at September 30, 2024 and December 31, 2023, respectively, including $72,921 of property held for sale at December 31, 2023) 158,440 232,516
Operating lease right-of-use assets 450,462 407,213
Goodwill and other intangible assets (net of accumulated amortization of $67,711 and $67,681 at September 30, 2024 and December 31, 2023, respectively) 394,575 394,928
Deferred tax assets 526,800 497,340
Other assets 405,550 414,518
Total Assets 4,820,004 4,635,781
Liabilities:    
Deposits and other customer payables 346,834 443,262
Accrued compensation and benefits 633,712 781,375
Operating lease liabilities 521,521 485,191
Tax receivable agreement obligation 84,137 115,087
Senior debt 1,852,843 1,690,200
Deferred tax liabilities 2,173 3,857
Other liabilities 614,329 546,947
Total Liabilities 4,055,549 4,065,919
Commitments and contingencies
Redeemable noncontrolling interests 84,467 87,675
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $0.01 per share; 15,000,000 shares authorized; no shares issued and outstanding at September 30, 2024 and December 31, 2023 0 0
Common stock:    
Par value $0.01 per share (500,000,000 shares authorized; 112,766,091 shares issued at September 30, 2024 and December 31, 2023, including shares held by subsidiaries) 1,128 1,128
Additional paid-in-capital 284,091 247,204
Retained earnings 1,437,698 1,402,636
Accumulated other comprehensive loss, net of tax (271,844) (289,950)
Stockholders' equity subtotal before common stock held by subsidiaries and Noncontrolling interests, total 1,451,073 1,361,018
Common stock held by subsidiaries, at cost (22,296,316 and 25,340,287 shares at September 30, 2024 and December 31, 2023, respectively) (826,800) (937,259)
Total Lazard Stockholders’ Equity 624,273 423,759
Noncontrolling interests 55,715 58,428
Total Stockholders’ Equity 679,988 482,187
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity $ 4,820,004 $ 4,635,781