Company: LAZ
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001628280-25-007441
Chunk: 13

Company: Lazard, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 13
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 Consolidated Funds(13,851)Other(506)144 (6)(512)(512)Balance - December 31, 2024112,766,091$1,128 $327,810 $1,472,113 $(326,742)22,467,315 $(838,069)$636,240 $48,914 $685,154 $79,629 

See notes to consolidated financial statements.79

LAZARD, INC.

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

FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022

(dollars in thousands)

Common StockAdditional Paid-In- CapitalRetained EarningsAccumulatedOtherComprehensiveIncome (Loss), Net of TaxCommon StockHeld By SubsidiariesTotalLazardStockholders’ EquityNoncontrolling InterestsTotal Stockholders’ EquityRedeemable Noncontrolling InterestsShares (*)$Shares$Balance - January 1, 2023112,766,091$1,128 $167,890 $1,676,713 $(295,854)26,814,213$(993,414)$556,463 $118,936 $675,399 $583,471 Comprehensive income (loss):Net income  (loss)(75,479)(75,479)6,191 (69,288)11,981 Other comprehensive income - net of tax5,904 5,904 1 5,905 Amortization of share-based incentive compensation244,931 244,931 5,639 250,570 Dividend equivalents24,615 (25,523)(908)(10,692)(11,600)Common stock dividends ($2.00 per share)(173,075)(173,075)(173,075)Purchase of common stock2,782,662(102,051)(102,051)(102,051)Delivery of common stock in connection with share-based incentive compensation and related tax benefit of $253(216,762)(4,220,444)156,822 (59,940)5,664 (54,276)Business acquisitions and related equity transactions:Common stock issuable1,775 1,775 1,775 Delivery of common stock(1,