Company: LAZ
Filing Date: 2025-07-25
Form Type: 10-Q
Source: 0001311370-25-000022
Chunk: 225

Company: Lazard, Inc.
Filing Date: 2025-07-25
Form: 10-Q
Item: Part II, Item 8
Chunk 225
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 Other Segment Disclosures:Interest income (included in net revenue)$3,100 $4,583 $13,186 $20,869 Depreciation and amortization of property    (included in adjusted non-compensation    expense)$4,175 $2,788 $10,081 $17,044 

40

LAZARD, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-(Continued)(UNAUDITED)(dollars in thousands, except for per share data, unless otherwise noted)

Three Months Ended June 30, 2024Financial AdvisoryAsset ManagementCorporateTotalNet Revenue (Loss) - U.S. GAAP Basis$411,308 $285,487 $(11,446)$685,349 Adjusted Compensation and Benefits Expense275,324 134,318 42,222 451,864 Adjusted Non-compensation Expense51,112 55,687 41,813 148,612 Other Segment Items(3,372)(20,268)22,933 (707)Adjusted Operating Income (Loss)$81,500 $75,214 $(72,548)$84,166 Other Segment Disclosures:Interest income (included in net revenue)$1,310 $3,809 $7,735 $12,854 Depreciation and amortization of property    (included in adjusted non-compensation    expense)$2,166 $1,392 $5,646 $9,204 Six Months Ended June 30, 2024Financial AdvisoryAsset ManagementCorporateTotalNet Revenue - U.S. GAAP Basis$864,815 $580,963 $4,324 $1,450,102 Adjusted Compensation and Benefits Expense577,404 285,016 82,177 944,597 Adjusted Non-compensation Expense98,977 111,262 72,666 282,905 Other Segment Items(10,245)(39,810)31,160 (18,895)Adjusted Operating Income (Loss)$178,189 $144,875 $(119,359)$203,705 Other Segment Disclosures:Interest income (included in net revenue)$2,276 $7,520 $14,529 $24,325  Depreciation and amortization of property    (included in adjusted non-compensation