Company: LAZ
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021162
Chunk: 45

Company: Lazard, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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$(700,693)$603,028 $45,525 $648,553 $83,811 

See notes to condensed consolidated financial statements.8

LAZARD, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS

FOR THE THREE MONTH PERIOD ENDED MARCH 31, 2024

(UNAUDITED)

(dollars in thousands)

Common StockAdditional Paid-In-CapitalRetained EarningsAccumulatedOtherComprehensiveIncome (Loss), Net of TaxCommon StockHeld By SubsidiariesTotalLazardStockholders’ EquityNoncontrolling InterestsTotal Stockholders’ EquityRedeemable NoncontrollingInterestsShares$Shares$Balance - January 1, 2024112,766,091 $1,128 $247,204 $1,402,636 $(289,950)25,340,287 $(937,259)$423,759 $58,428 $482,187 $87,675 Comprehensive income (loss):Net income 35,755 35,755 1,852 37,607 2,617 Other comprehensive loss - net of tax(14,045)(14,045)(14,045)Amortization of share-based incentive compensation69,773 69,773 425 70,198 Dividend equivalents9,441 (9,847)(406)(5,121)(5,527)Common stock dividends ($0.50 per share)(43,715)(43,715)(43,715)Purchase of common stock564,692 (22,005)(22,005)(22,005)Delivery of common stock in connection with share-based incentive compensation and related tax expense of $764(193,080)(3,656,974)135,443 (57,637)1,241 (56,396)Business acquisitions and related equity transactions:Common stock issuable1,235 1,235 1,235 Distributions to noncontrolling interests, net(1,008)(1,008)LFI Consolidated Funds(1,817)Balance - March 31, 2024112,766,091 $1,128 $134,573 $1,384,829 $(303,995)22,248,005 $(823,