Company: LAZ
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001628280-25-007441
Chunk: 215

Company: Lazard, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 215
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165,888)$(326,802)$(60)$(326,742)CurrencyTranslationAdjustmentsEmployeeBenefitPlansTotalAOCIAmountAttributable toNoncontrollingInterestsTotalLazardAOCIBalance, January 1, 2023$(156,924)$(138,930)$(295,854)$– $(295,854)Activity:Other comprehensive income (loss) before reclassifications31,107 (32,261)(1,154)1 (1,155)Adjustments for items reclassified to earnings, net of tax1,826 5,233 7,059 – 7,059 Net other comprehensive income (loss)32,933 (27,028)5,905 1 5,904 Balance, December 31, 2023$(123,991)$(165,958)$(289,949)$1 $(289,950)CurrencyTranslationAdjustmentsEmployeeBenefitPlansTotalAOCIAmountAttributable toNoncontrollingInterestsTotalLazardAOCIBalance, January 1, 2022$(92,178)$(131,669)$(223,847)$– $(223,847)Activity:Other comprehensive loss before reclassifications(64,778)(11,413)(76,191)– (76,191)Adjustments for items reclassified to earnings, net of tax32 4,152 4,184 – 4,184 Net other comprehensive loss(64,746)(7,261)(72,007)– (72,007)Balance, December 31, 2022$(156,924)$(138,930)$(295,854)$– $(295,854)

106

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

The table below reflects adjustments for items reclassified out of AOCI, by component, for the years ended December 31, 2024, 2023 and 2022:Year Ended December 31,202420232022Currency translation losses (a)$– $1,826 $32 Employee benefit plans:Amortization relating to employee benefit plans (b)8,505 6,754 5,146 Less - related income taxes1,926 1,521 994 6,579 5