Company: LAZ
Filing Date: 2025-07-25
Form Type: 10-Q
Source: 0001311370-25-000022
Chunk: 51

Company: Lazard, Inc.
Filing Date: 2025-07-25
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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Noncontrolling InterestsTotal Stockholders’ EquityRedeemableNoncontrollingInterestsShares$Shares$Balance - January 1, 2025112,766,091$1,128 $327,810 $1,472,113 $(326,742)22,467,315$(838,069)$636,240 $48,914 $685,154 $79,629 Comprehensive income:Net income 115,721 115,721 2,392 118,113 5,193 Other comprehensive income - net of tax57,839 57,839 66 57,905 Amortization of share-based incentive compensation180,615 180,615 3,510 184,125 Dividend equivalents17,602 (18,192)(590)(9,728)(10,318)Common stock dividends ($1.00 per share)(92,024)(92,024)(92,024)Purchase of common stock859,849 (39,928)(39,928)(39,928)Delivery of common stock in connection with share-based incentive compensation and related tax expense of $10,747(298,865)(4,960,484)186,626 (112,239)(1,522)(113,761)Business acquisitions and related equity transactions:Common stock issuable1,235 1,235 1,235 Contribution from noncontrolling interests,    net 1,249 1,249 LFI Consolidated Funds(1,244)Other(3,339)41,969 (1,927)(5,266)(5,266)Balance - June 30, 2025112,766,091$1,128 $225,058 $1,477,618 $(268,903)18,408,649$(693,298)$741,603 $44,881 $786,484 $83,578 

See notes to condensed consolidated financial statements.9

LAZARD, INC.

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

FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2024

(UNAUDITED)

(dollars in thousands)

Common StockAdditional Paid-In-CapitalRetained EarningsAccumulatedOtherComprehensiveIncome